Netshoes (Cayman) Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported net sales of BRL 849,090,000 compared to BRL 857,559,000 a year ago. Operating loss was BRL 62,753,000 compared to BRL 16,684,000 a year ago. Loss before income tax was BRL 98,447,000 compared to BRL 72,872,000 a year ago. Net loss attributable to owners of the parent was BRL 98,216,000 or BRL 3.16 per basic and diluted share compared to BRL 72,499,000 or BRL 3.09 per basic and diluted share a year ago. Adjusted EBITDA was BRL 0.2 million compared to adjusted LBITDA of BRL 4.6 million a year ago. LBITDA was BRL 5.6 million compared to BRL 8.9 million a year ago. Adjusted net profit was BRL 1.5 million compared to BRL 2.3 million a year ago. Net cash provided by operating activities was BRL 69.6 million compared to net cash used in operating activities of BRL 28.3 million a year ago. CapEx was BRL 24.1 million compared to BRL 14.1 million a year ago. As at June 30, 2018, the company's net debt was BRL 128.4 million. For the six months, the company reported net sales of BRL 449,797,000 compared to BRL 461,331,000 a year ago. Operating loss was BRL 17,909,000 compared to BRL 12,205,000 a year ago. Loss before income tax was BRL 38,110,000 compared to BRL 35,155,000 a year ago. Net loss attributable to owners of the parent was BRL 37,997,000 or BRL 1.22 per basic and diluted share compared to BRL 34,991,000 or BRL 1.49 per basic and diluted share a year ago. Net cash used in operating activities was BRL 190,896,000 compared to BRL 106,784,000 a year ago. Purchase of property and equipment was BRL 14,313,000 compared to BRL 4,487,000 a year ago. Purchase of intangible assets was BRL 37,163,000 compared to BRL 22,770,000 a year ago. Adjusted LBITDA was BRL 28.7 million compared to BRL 1.0 million a year ago. LBITDA was BRL 36.9 million compared to BRL 5.8 million a year ago. Adjusted net loss was BRL 13.0 million compared to profit of BRL 2.9 million a year ago. CapEx was BRL 51.5 million compared to BRL 27.3 million a year ago.