SÃO PAULO, May 2, 2013
/PRNewswire/ -- TOTVS S.A. (BM&FBOVESPA: TOTS3), the leader in
the development and marketing of integrated enterprise management
software, as well as the provision of related services in
Brazil and Latin America, today announces its results
for the first quarter of 2013 (1Q13). The Company's
consolidated financial statements have been prepared in accordance
with the accounting practices adopted in Brazil, which are in accordance with the
International Financial Reporting Standards (IFRS).
Highlights of the period:
- Net Revenue : R$374.2
million in 1Q13 (+6.6% vs. 1Q12) and R$1,437.1 million in the LTM (+8.4% vs.
LTM-1Q12). Excluding the social security (INSS) contribution, Net
Revenue came to R$381.6 million in
1Q13 (+8.7% vs. 1Q12) and R$1,467.9 million in the LTM (+10.8% vs.
LTM-1Q12).
- Recurring Revenue: R$224.4
million in 1Q13 (+13.8% vs. 1Q12) and
R$839.3 million in the LTM (+11.4%
vs. LTM-1Q12), both excluding the social security (INSS)
contribution.
- Net License Fee Revenue : R$82.7
million in 1Q13 (-3.7% vs. 1Q12) and R$326.3 million in the LTM (+4.6% vs. LTM-1Q12).
Excluding the social security (INSS) contribution, this line
totaled R$84.3 million in 1Q13
(-1.7% vs. 1Q12) and R$333.1
million in the LTM (+6.8% vs.
LTM-1Q12).
- Net Service Revenue : R$105.7
million in 1Q13 (+5.2% vs. 1Q12) and R$420.1 million in the LTM (+9.3% vs. LTM-1Q12).
Excluding the social security (INSS) contribution, this line
totaled R$107.3 million in
1Q13 (+6.8% vs. 1Q12) and R$427.9 million in the LTM (+11.4% vs.
LTM-1Q12).
- Net Maintenance Revenue : R$185.9
million in 1Q13 (+12.8% vs. 1Q12) and R$690.7 million in the LTM (+9.8% vs. LTM-1Q12).
Excluding the social security (INSS) contribution, this line
totaled R$189.9 million in
1Q13 (+15.2% vs. 1Q12) and R$706.9 million in the LTM (+12.4% vs.
LTM-1Q12).
- EBITDA: R$97.5 million in
1Q13 (+5.9% vs. 1Q12) and R$383.4
million in the LTM (+16.4% vs. LTM-1Q12).
- EBITDA Margin: Consolidated EBITDA Margin of 26.1% in
1Q13 (-10 bps vs. 1Q12) and 26.7% in the LTM (+180 bps
vs. LTM-1Q12) .
- Net Income: R$51.9 million
in 1Q13 (+4.0%. vs. 1Q12) and R$209.122 million in the LTM (+12.6% vs.
LTM-1Q12) .
For further information, please visit: www.totvs.com/ir.
Conference call in English
12:00 p.m. (Brasilia)
Webcast: www.totvs.com/ir
Phone: +1 (412) 317-6776
Access code:
TOTVS
Replay: +1 (412) 317-0088
(access code 10027556), available until May 10, 2013 or at: www.totvs.com/ir
IR Contacts
Alexandre Dinkelmann
Investor Relations Officer
Phone: +55 (11) 2099-7105 / 7097/7773
ir@totvs.com.br
SOURCE TOTVS S.A.