Datasul Grows by 32.3% and Reaches EBITDA Margin of 25.6%, closing 2007 with revenues of R$ 244.5 million, 27.7% y-o-y growth
JOINVILLE, Brazil, Feb. 26 /PRNewswire/ -- Datasul, a Brazilian multinational that develops and sells management software solutions, announces its results for the fourth quarter (4Q07) and full year of 2007. The financial and operating information herein is presented on a consolidated basis and in Brazilian Reais, pursuant to Brazilian Company Law. Comparisons are with the fourth quarter of 2006 (4Q06) and full year of 2006, except where otherwise indicated.
4Q07 Highlights
-- Net revenues moved up 32.3% year-on-year to R$66.9 million, an all- time quarterly record;
-- License fee revenues totaled R$18.9 million, also a new record, 34.5%
more than in the 4Q06;
-- Other service revenues climbed by 100.6% year-on-year, reaching R$9.7
million, another record figure;
-- EBITDA stood at R$17.1 million, yet another record, accompanied by an
EBITDA margin of 25.6%, 2.8 p.p. expansion over 4Q06;
-- R&D investments accounted for 12.4% of net revenues, or R$8.3 million.
2007 Highlights
-- Revenues and EBITDA were in line with market expectations;
-- The client base closed the year at 3,233, 29.5% higher than in 2006,
with an average of 102 concurrent users per client;
-- Net revenues climbed by 28.8% over 2006 to R$222.6 million, while
organic growth came to 14.6%;
-- EBITDA totaled R$49.6 million, with a margin of 22.3%;
-- Adjusted net income stood at R$42.1 million, representing a net margin
of 18.9%;
-- Dividends and interest on equity, net of withholding tax, totaled
R$13.8 million, corresponding to a dividend yield of 2.4%.
4Q07/2007 Results Conference Call
Portuguese Conference Call English Conference Call
February 27, 2008 February 27, 2008
10:00 am (Brasilia Time) 12:00 pm (Brasilia Time)
08:00 am (US EST) 10:00 am (US EST)
Phone: +55 (11) 2188-0188 Phone: +1 (973) 935-8893
Code: Datasul Code: 34931284
Replay: +55 (11) 2188-0188 Replay: +1 (706) 645-9291
Replay Code: Datasul Replay Code: 34931284
For further information, please contact the Investor Relations Department:
Monica Carvalho Molina - Investor Relations Officer
Leonardo Bardese - Investor Relations Analyst
Phone: +55 (47) 2101-7200
e-mail: ri@datasul.com.br
www.datasul.com.br/ir
First Call Analyst:
FCMN Contact: gabriel.macarof@mz-ir.com
Source: Datasul
CONTACT: Investor Relations: Monica Carvalho Molina, Investor Relations
Officer, or Leonardo Bardese, Investor Relations Analyst, both of Datasul, +55
(47) 2101-7200, ri@datasul.com.br
Web site: http://www.datasul.com.br/ir
2008-02-26 18:26:40 0298944 PRNEWSWIRE