Locaweb Serviços de Internet S A : 4Q22 Earnings Presentation
March 23, 2023 at 05:20 pm EDT
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Results Presentation
4Q22
March 23, 2023
Disclaimer
The statements contained in this document related to business prospects, projections on operating and financial results and those related to Locaweb's growth perspectives are merely projections and, as such, are based exclusively on the expectations of the Board about the future of the business. These expectations depend materially on market conditions, the performance of the Brazilian economy, the sector and international markets and, therefore, are subject to changes without notice. All variations presented here are calculated based on numbers in thousands of reais (unless otherwise stated), as well as rounding. This performance report includes accounting and non-accounting data such as operational, organic and pro forma financial data and projections based on the expectations of the Company's Management. The non-accounting data have not been reviewed by the Company's independent auditors
Fernando Cirne
CEO
Quarter Highlights
Net Revenue showed growth of 23.2% in 4Q22 vs 4Q21. In 2022, growth was 42.3%
Increase in Net Revenue in the Commerce segment in 4Q22 was 46.3% and 81.9% in 2022
Commerce segment already accounts for 68% of the Group's Net Revenue
Acquired companies continue posting strong growth
Ebitda margin evolution of acquired companies
+2.3 p.p. vs 3Q22
+9.1 p.p. vs 4Q21
Net Income of R$ 18.9 million (R$ 30.3 million in 2022)
Recurring e-commerce customer base (Tray, Bagy, Dooca, and Bling) continued to show consistent growth in 4Q22 and reached 162.0 thousand subscriptions
We kept up the pace of adding customers in the Commerce segment for the 6th consecutive quarter
The ecosystem generated R$ 143 billion in GMV
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Results Presentation
4Q22
350,0
300,0
250,0
200,0
150,0
100,0
50,0
0,0
Commerce already accounts for 68%
of the group's Revenue
Consolidated Net Revenue
79%
78%
72%
68%
68%
67%
65%
61%
59%
57%
58%
51%
54%
46%
43%
42%
41%
49%
39%
35%
33%
32%
32%
28%
22%
21%
105.2
104.5
117.3
126.2
140.2
160.9
184.3
209.1
245.9
248.8
282.5
304.3
302.9
4Q19
1Q20
2Q20
3Q20
4Q20
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
3Q22
4Q22
Commerce
BeOnline / SaaS
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
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Results Presentation
4Q22
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Locaweb Serviços de Internet SA published this content on 23 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2023 21:19:14 UTC.
Locaweb Servicos de Internet SA is a Brazil-based provider of Business-to-Business (B2B) technology solutions. The Companyâs activities are divided into two operating segments: Be Online/SaaS and Commerce. Be Online/SaaS division offers services of hosting, hosting reseller, domain registration, cloud computing and dedicated servers, as well as solutions related to email accounts, email marketing campaigns and Internet Protocol (IP) communication, through brands Locaweb, Locaweb Corp, All iN, KingHost, Cluster2Go and Delivery Direto. Commerce division is engaged in facilitating online retail operations, providing e-commerce platforms and payment solutions, through brands Tray, Tray Corp and Yapay. The Company owns several subsidiaries, such as ITCapital Servicos Tecnologia Ltda, Ananke Participacoes SA and LwK Hosting Participacoes Ltda.
LOCAWEB SERVIÇOS DE INTERNET S.A. 
