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TOTVS 2Q13: +15.8% in Net Revenue, +12.0% in Licenses Fees Revenue, +14.3% in Net Income, Strategic Acquisitions and Investments
Jul 31, 2013 (03:07 PM EDT)


SAO PAULO, June 31, 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 second quarter of 2013 (2Q13). 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$395.5 million in 2Q13 (+15.8% vs. 2Q12). R$1,520.8 million in LTM (+11.8% vs. 12M-2Q12) excluding the social security (INSS) contribution.
  • License Fees Revenue: R$88.7 million in 2Q13 (+12.0% vs. 2Q12). R$326.3 million in LTM (+7.1% vs. 12M-2Q12) excluding the social security (INSS) contribution.
  • Service Revenue: R$118.9 million in 2Q13 (+19.5% vs. 2Q12). R$447.1 million in LTM (+13.6% vs. 12M-2Q12) excluding the social security (INSS) contribution.
  • Maintenance Revenue: R$187.8 million in 2Q13 (+15.3% vs. 2Q12). R$731.5 million in LTM (+13.1% vs. 12M-2Q12) excluding the social security (INSS) contribution.
  • EBITDA: R$98.9 million in 2Q13 (+6.7% vs. 2Q12) and R$389.7 million in LTM (+11.6% vs. 12M-2Q12).
  • Net Income: R$54.0 million in 2Q13 (+14.3%. vs. 2Q12) and R$215.9 million in LTM (+9.6% vs. 12M-1Q12).
  • Acquisition in the retail segment: 100% of RMS
  • TOTVS Ventures' investments: GoodData (Business Intelligence, Big Data, Cloud Computing and SaaS) and ZeroPaper (SaaS and Cloud Computing for micro enterprises).

For further information, please visit: www.totvs.com/ir.

Conference call in English
08/01/2013, 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 10031754), available until August 08, 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.