Netshoes (Cayman) Limited announced unaudited consolidated earnings results for the third quarter and nine months ended Sep. 30, 2018. For the quarter, the company reported net sales were BRL 417,809,000 compared to BRL 431,422,000 a year ago. Operating loss was BRL 124,126,000 compared to BRL 25,149,000 a year ago. Loss before income tax was BRL 135,912,000 compared to BRL 43,494,000 a year ago. Net Loss from continuing operations was BRL 136,588,000 compared to BRL 43,494,000 a year ago. Net loss attributable to owners of the parent from continuing operations was BRL 136,454,000 compared to BRL 43,381,000 a year ago. Basic and diluted loss per share attributable to owners of the parent was BRL 4.52 per share compared to BRL 1.83 per share a year ago. Operating cash flow generation of BRL 72.3 million, without contribution from factoring arrangements. ADJUSTED LBITDA was BRL 112.5 million compared to BRL 17.9 million a year ago. LBITDA was BRL 115.7 million compared to BRL 17.1 million a year ago. Adjusted net loss was BRL 46.3 million compared to adjusted net income of BRL 3.5 million a year ago. Net Cash provided by continuing operating activities was BRL 30.4 million compared to BRL 14.3 million a year ago. Capex was BRL 29.2 million compared to BRL 16.0 million a year ago. Net debt was BRL 144.2 million. This result in adjusted LBITDA was due to negative BRL 84.2 million from the B2B operations, negative BRL 21.1 million from the Brazilian B2C and Holding operations and negative BRL 7.2 million from the Argentina operations. For the nine months, the company reported net sales were BRL 1,241,368,000 compared to BRL 1,262,899,000 a year ago. Operating loss was BRL 186,579,000 compared to BRL 34,926,000 a year ago. Loss before income tax was BRL 230,262,000 compared to BRL 108,813,000 a year ago. Net Loss from continuing operations was BRL 231,120,000 compared to BRL 108,813,000 a year ago. Net loss attributable to owners of the parent from continuing operations was BRL 230,715,000 compared to BRL 108,398,000 a year ago. Basic and diluted loss per share attributable to owners of the parent was BRL 7.76 per share compared to BRL 4.63 per share a year ago. Net cash used in operating activities was BRL 158,804,000 compared to BRL 96,296,000 a year ago. Purchase of property and equipment was BRL 24,794,000 compared to BRL 5,804,000 a year ago. Purchase of intangible assets was BRL 55,873,000 compared to BRL 37,293,000 a year ago. ADJUSTED LBITDA was BRL 140.9 million compared to BRL 12.2 million a year ago. LBITDA was BRL 152.4 million compared to BRL 16.5 million a year ago. Adjusted net loss was BRL 54.8 million compared to adjusted net income of BRL 12.7 million a year ago. Capex was BRL 80.7 million compared to BRL 43.1 million a year ago.