05/09/2022
Sinqia announces its consolidated results for the first quarter of 2022 (“1Q22”).
Highlights
Software ARR
Record of R$457.1 million in 1Q22 (+101.2% vs. 1Q21)
Number of Customers
Record of 714 customers at the end of 1Q22 (+322 vs. 1Q21)
Net Revenues
Record of R$138.9 million in 1Q22 (+103.5% vs. 1Q21)
The run rate of R$555.4 million
Recurring Revenues
Record of R$113.5 million in 1Q22 (+82.6% vs. 1Q21)
The run rate of R$453.8 million
Adjusted EBITDA
Record of R$36.2 million (+191.7% vs. 1Q21)
The run rate of R$144.9 million
Adjusted EBITDA Margin
Record of 26.1% (+7.9p.p. vs. 1Q21)
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