TOTVS - 3Q13: +14.1% In Net Revenue
+13.3% IN RECURRING REVENUE
R$104.8 MILLION OF EBITDA
+31.0% IN NET INCOME
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
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)
Phone: +1 (412) 317-6776
Access code: TOTVS
Replay: +1 (412) 317-0088
(access code 10034211), available until November 11, 2013 or at:
Investor Relations Officer
Phone: +55 (11) 2099-7105 / 7097/7773
SOURCE TOTVS S.A.
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