03/17/2022
Sinqia releases its 4Q21 resultsSinqia announces its consolidated results for the fourth quarter of 2021 ("4Q21") and the fiscal year ended December 31, 2021 ("2021").
Highlights
Consolidation Strategy
We announced the acquisition of NewCon and assumed a dominant position in Consortium;
We announced the acquisition of LOTE45 and reached a relevant position in Funds;
We closed the acquisition of Mercer Seguridade's pension management business and reached an outstanding position in Pension;
Innovation Strategy
We announced an investment in Data Rudder by Torq Ventures, a startup focused on data analysis;
Software ARR
Pro forma¹ of R$446.4 million (+155% vs. 4Q20), 4Q21 of R$316.0 million (+80% vs. 4Q20);
Net Revenues
Pro forma² of R$552.2 million (+163% vs. 2020), 2021 of R$352.6 million (+68% vs. 2020);
Adjusted EBITDA
Pro forma³ of R$149.2 million (+394% vs. 2020), 2021 of R$70.5 million (+134% vs. 2020);
Adjusted EBITDA Margin
Pro forma3 of 27.0% (+12.6p.p. vs. 2020), 2021 de 20,0% (+5,6p.p. vs. 2020).
¹ Sinqia's 4Q21 ARR added to NewCon, LOTE45 and Mercer Seguridade's 4Q21 ARR
² Sinqia's 4Q21 Run Rate Net Revenues plus 2021FY Net Revenues from NewCon, LOTE45 and Mercer Seguridade
³ Considers Sinqia's 4Q21 Run Rate Adjusted EBITDA plus 2021FY Adjusted EBITDA from NewCon, LOTE45 and Mercer Seguridade
ACCESS THE RESULTS
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Disclaimer
Sinqia SA published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 02:10:02 UTC.