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05/09/2022

Sinqia releases its 1Q22 results

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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