Earnings release
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EARNINGS RELEASE 2021 clearsale São Paulo , August 13 , 2021 - ClearSale S.A. ( " ClearSale " or " Company " ) ( B3 : CLSA3 ) , a leading provider of digital anti - fraud solutions in various segments , and a pioneer in mapping the behavior of digital consumers in Brazil , presents its results for the 2nd quarter of 2021 ( 2021 ) and for the 1st half of the year ( 6M21 ) . The financial and operational information contained herein , except where otherwise indicated , is presented in Brazilian Reais ( R $ ) , according to international accounting standards ( IFRS ) and Brazilian accounting principles . The comparisons contained in this report refer to the same periods of 2020 . Financial and Operational Highlights - 2Q21 Net Revenues of R $ 112.2 million , up 35.0 % year - over - year . • Net Revenues from Onboarding came to R $ 26.2 million , representing a 56.3 % growth year - over - year ; • Net Revenues from E - commerce Brazil amounted to R $ 75.8 million , up 33.0 % year - over - year ; • Net Revenues from E - commerce International reached R $ 10.2 million , representing a 8.5 % growth year - over - year . MRR New Sales of R $ 5.9 million , up 125 % year - over - year . Gross Profit came to R $ 45.7 million , with a Gross Margin of 40.7 % . EBITDA was R $ 14.1 million , and EBITDA Margin stood at 12.6 % . Adjusted EBITDA amounted to R $ 21.4 million , and Adjusted EBITDA Margin stood at 19.1 % . Adjusted EBITDA in Brazil reached R $ 26.8 million , and EBITDA Margin stood at 26.3 % . Net Income for 2Q21 amounted to R $ 1.3 million . ( R $ million , except percentual ) 2Q20 2Q21 YOY 6M20 6M21 ΥΟΥ Net revenues 83.1 112.2 35.0 % 136.7 210.2 53.7 % E - commerce Brazil 57.0 75.8 33.0 % 93.8 137.0 46.1 % Onboarding 16.7 26.2 56.3 % 29.6 51.2 72.6 % E - commerce International 9.4 10.2 8.5 % 13.3 22.0 65.4 % Gross profit 45.6 45.7 0.2 % 66.1 85.7 29.7 % Gross margin ( 3 ) 54.9 % 40.7 % -14.2 p.p. 48.4 % 40.8 % -7.6 p.p. EBITDA ( 1 ) 29.2 EBITDA Margin ( 3 ) Adjusted EBITDA ( 1 ) 35.1 % 31.4 14.1 12.6 % -51.7 % 25.0 41.5 66.1 % -22.6 p.p. 18.3 % 19.8 % 1.5 p.p. Adjusted EBITDA Margin ( 3 ) 37.8 % 21.4 19.1 % -31.9 % 30.1 -16.4 p.p. 22.0 % 32.6 15.5 % 8.3 % -6.5 p.p. Adjusted EBITDA Brazil ( 1 ) 31.5 26.8 -14.9 % 38.7 Adjusted EBITDA Margin Brazil ( 3 ) 42.7 % 26.3 % -16.4 p.p. 31.4 % 41.4 22.0 % 7.0 % -9.4 p.p. Net income 18.3 1.3 -93.0 % 10.4 15.1 44.4 % Net income from discontinued operations Net loss from for operations available for sale ( 2 ) 20.6 1.3 -93.7 % 15.6 15.1 -3.1 % -2.2 n.a. -5.1 n.a. Net Margin ( 3 ) 22.1 % 1.2 % -20.9 p.p. 7.6 % 7.2 % -0.5 p.p. ( 1 ) EBITDA , Adjusted EBITDA and Brazil Adjusted EBITDA do not constitute accounting metrics as defined by BRGAAP or IFRS , as issued by the IASB , do not represent cash flows for the fiscal years / periods presented , and should not be considered as substitutes or alternatives to net income ( loss ) , as operational performance indicators , liquidity measures , or as a basis for dividend distributions . EBITDA and Adjusted EBITDA have no standard meaning . Adjusted EBITDA Brazil and Adjusted EBITDA Margin Brazil take into account the Parent Company's operations . Other companies may calculate EBITDA and Adjusted EBITDA in a different manner than that calculated by the Company . The effects from the adoption of IFRS 16 ( CPC 06 - R2 ) as of January 1 , 2019 are also reflected in the calculation of the figures shown in this release . ( 2 ) Refers to the loss recorded by the Company's subsidiary E - Confy Pesquisas de Mercado , which in December 2020 was made available for sale ( 3 ) EBITDA Margin is calculated by dividing the EBITDA by net operating revenues . Adjusted EBITDA Margin is calculated by dividing the Adjusted EBITDA by net operating revenues . Adjusted EBITDA CONTROLLERS margin is calculated by dividing the Adjusted EBITDA CONTROLLERS by net operating revenues . Conference Call in Portuguese : 08/16/2021 ( Monday ) ( Simultaneous translation into English ) 10:00 a.m. Brasília time 09:00 a.m. - USA time ( EDT ) Access Link : https://zoom.us/webinar/register/WN_A2c4WpQ5TdCQxVKEoaSihQ Investor Relations Website : ri.clear.sale E - mail : ri@clear.sale CLSA B3 LISTED NM