TOTVS - 3Q13: +14.1% In Net Revenue +13.3% IN RECURRING REVENUE R$104.8 MILLION OF EBITDA +31.0% IN NET INCOME PR Newswire SAO PAULO, Oct. 30, 2013 SAO PAULO, Oct. 30, 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 third quarter of 2013 (3Q13). 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: oNet Revenue: R$410.4 million in 3Q13 (+14.1% vs. 3Q12). oLicense Fee Revenue: R$88.0 million in 3Q13 (+8.2% vs. 3Q12). oService Revenue: R$125.5 million in 3Q13 (+15.3% vs. 3Q12). oMaintenance Fee Revenue: R$196.9 million in 3Q13 (+16.1% vs. 3Q12). oRecurring Revenue: R$235.0 million in 3Q13 (+13.3% vs. 3Q12). oEBITDA: R$104.8 million in 3Q13 (+5.4% vs. 3Q12). oNet Income: R$56.4 million in 3Q13 (+31.0%. vs. 3Q12). oBNDES credit line: R$658.6 million approved in September. oInterest on equity: R$21.5 million paid in August. oConversion of debentures into shares: 15% of the debentures converted in August. oTOTVS Ventures: TOTVS Start it up contest winner. 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 10034211), available until November 11, 2013 or at: www.totvs.com/ir IR Contacts Alexandre Dinkelmann Investor Relations Officer Phone: +55 (11) 2099-7105 / 7097/7773 email@example.com SOURCE TOTVS S.A. Website: http://www.totvs.com/ir
TOTVS - 3Q13: +14.1% In Net Revenue
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