TOTVS

Millions 3Q15 2Q15 1Q15 4Q14 3Q14 2Q14 1Q14 4Q13 3Q13 2Q13 1Q13 4Q12 3Q12 2Q12 1Q12 4Q11 3Q11 2Q11 1Q11 4Q10
Net Revenue 464.503 451.352 458.971 455.706 445.568 439.3 431.873 431.653 410.423 395.507 374.211
Software Revenue 319.963 313.222 326.563 322.493 311.659 314.112 309.611 305.1599895096 289.032484364 280.6625751626 272.8926660406
License Fees 58.524 56.137 71.419 76.927 65.816 76.542 79.664 71.9028381276 71.8272577842 72.8369636674 67.446398075
Maintenance 228.251 224.971 224.533 216.9 218.08 210.593 209.125 213.3085944318 197.4116067926 188.181879877 186.4401806122
Subscription 33.188 32.114 30.611 28.666 27.763 26.977 20.822 19.9485569502 19.7936197872 19.6437316182 19.0060873534
Services Revenue 144.54 138.13 132.408 133.213 133.909 125.188 122.262 126.4930104904 121.390515636 114.8444248374 101.3183339594
Software Costs and Expenses -112.49 -104.332 -104.891 -108.134 -104.97 -99.029 -95.109 -98.715 -89.046 -82.971 -80.463
Cost of Software -19.496 -17.389 -17.125 -22.276 -21.012 -20.817 -18.338 -20.214 -17.717 -16.418 -18.113
Cost of Support -25.165 -23.82 -24.855 -22.45 -21.741 -20.653 -19.565 -18.328 -15.951 -15.481 -15.371
Research and Development -67.829 -63.123 -62.911 -63.408 -62.217 -57.559 -57.206 -60.173 -55.378 -51.072 -46.979
Software Result 207.473 208.89 221.672 214.359 206.689 215.083 214.502 206.4449895096 199.986484364 197.6915751626 192.4296660406
Software Contibution Margin % 0.648428099499005 0.666907177656742 0.678803171210456 0.664693497223196 0.663189575786356 0.684733470863896 0.692811301924027 0.676513948769504 0.691916982286815 0.704374550287186 0.705147810795219
% of Net Revenue 0.446655888121282 0.462809514525249 0.482976048595663 0.470388803307396 0.463877567509336 0.489603915319827 0.496678421665629 0.478266082963862 0.487269193890206 0.499843429225273 0.514227711212658
Cost of Services -121.602 -114.146 -112.675 -118.82 -108.85 -103.36 -101.277 -108.075 -100.371 -100.689 -94.568
Services Result 22.938 23.984 19.733 14.393 25.059 21.828 20.985 18.4180104904 21.019515636 14.1554248374 6.75033395939998
Services Contibution Margin % 0.158696554586966 0.173633533627742 0.149031780557066 0.108045010622086 0.187134546595076 0.174361759913091 0.171639593659518 0.145604965989784 0.173156160725347 0.123257396756017 6.66249995988383E-02
% of Net Revenue 4.93818123887252E-02 5.31381272266435E-02 0.042994001799678 3.15839598337525E-02 5.62405738293594E-02 4.96881402230822E-02 4.85906736471139E-02 4.26685566656552E-02 5.12142731669521E-02 3.57905797808888E-02 1.80388442867793E-02
Commercial Expenses -95.699 -93.473 -92.1 -86.067 -91.229 -92.278 -86.157 -89.207 -84.802 -83.459 -72.41
Selling Expenses -35.83 -33.752 -35.305 -32.358 -33.688 -34.099 -31.596 -28.9 -26.931 -25.963 -25.638
Commissions -38.922 -37.382 -40.316 -37.118 -39.227 -37.709 -40.932 -39.926 -38.049 -38.387 -37.782
Allowance for Doubtful Accounts -7.702 -7.646 -8.098 -6.252 -6.489 -6.914 -7.91 -6.615 -7.242 -6.666 -3.129
Marketing and Advertising -13.245 -14.693 -8.381 -10.339 -11.825 -13.556 -5.719 -13.766 -12.58 -12.443 -5.861
% of Net Revenue -0.206024503609234 -0.207095570641096 -0.200666273032501 -0.188865189398428 -0.204747647945993 -0.210056908718416 -0.19949614817319 -0.206663685877313 -0.206620973970757 -0.211017756954997 -0.193500458297591
Administrative and Other Expenses -29.567 -32.361 -34.364 -36.224 -35.553 -33.704 -35.099 -34.846 -31.38 -29.471 -29.243
General and Administrative -28.704 -28.155 -29.283 -28.251 -31.212 -28.01 -26.903 -26.747 -24.033 -23.04 -21.989
Management Fees -5.995 -5.291 -5.721 -6.87 -4.862 -6.04 -8.277 -7.993 -7.05 -6.473 -7.218
Other Expenses 5.132 1.085 0.64 -1.103 0.521 0.346 0.081 -0.106 -0.297 0.042 -0.036
% of Net Revenue -6.36529796362994E-02 -7.16979209131676E-02 -7.48718328608997E-02 -7.94898465238553E-02 -7.97925344728526E-02 -7.67220578192579E-02 -0.081271577523948 -8.07268801560513E-02 -7.64577033938156E-02 -7.45144839408658E-02 -7.81457519955319E-02
EBITDA 105.145 107.04 114.941 106.461 104.966 110.929 114.231 100.81 104.824 98.917 97.527
EBITDA Margem % 0.226360217264474 0.237154150197628 0.25043194450194 0.233617727218865 0.235577958919851 0.252513089005236 0.264501369615605 0.233544073596153 0.255404789692585 0.250101768110299 0.260620345206314
Depreciation and Amortization -24.709 -28.287 -21.485 -23.523 -21.415 -23.272 -20.718 -20.848 -19.906 -20.242 -21.562
Depreciation -6.415 -6.278 -6.078 -5.648 -5.462 -5.267 -5.452 -6.12 -4.514 -3.951 -3.89
Amortization -18.294 -22.009 -15.407 -17.875 -15.953 -18.005 -15.266 -14.728 -15.392 -16.291 -17.672
EBIT 80.436 78.753 93.456 82.938 83.551 87.657 93.513 79.9620000000001 84.918 78.675 75.965
Financial Result 10.736 9.241 14.657 8.941 2.874 3.445 -2.078 2.547 -5.716 -0.773 1.285
Financial Revenue 33.205 26.997 32.733 21.714 16.28 15.384 17.63 15.451 6.545 9.315 9.148
Financial Expenses -22.469 -17.756 -18.076 -12.773 -13.406 -11.939 -19.708 -12.904 -12.261 -10.088 -7.863
Equity Pickup 0 0 -0.075 -0.124 -0.12 -0.038 -0.301 -0.324 -0.093 -0.079 0
EBT 91.172 87.994 108.038 91.755 86.305 91.064 91.134 82.1850000000001 79.109 77.823 77.25
Income Tax and Social Contribution -19.48 -27.555 -37.138 -22.698 -18.203 -27.044 -29.515 -21.423 -22.695 -23.793 -25.356
Current -19.173 -4.47 -32.845 -31.306 -17.472 -22.482 -25.697 -30.646 -20.455 -13.764 -25.412
Deferred -0.307 -23.085 -4.293 8.608 -0.731 -4.562 -3.818 9.223 -2.24 -10.029 0.056
Net Income 71.692 60.439 70.9 69.057 68.102 64.02 61.619 60.7620000000001 56.414 54.03 51.894
Net Margin % 0.154341306729989 0.13390657402648 0.15447599085781 0.151538491922424 0.152843112611319 0.145731846118825 0.142678518916441 0.140765846640705 0.13745331036516 0.136609465824878 0.138675773828134
Earings per Share 0.441737431898118 0.371814639237061 0.437501794898936 0.425652835335932 0.417771360445446 0.392462154224558 0.377629448420728 0.372543728259427 0.347118063345681 0.333117474403648 0.320857031909145
Last updated