Earnings release
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locaweb 111 São Paulo , November 10th , 2021 : Locaweb Serviços de Internet S.A. ( B3 : LWSA3 ) informs its shareholders and other market participants on the 3Q21 results ||||| Highlights Net Revenue of R $ 209.1 million in 3Q21 , a 65.7 % growth vs 3Q20 . Nine - month accumulated growth of 59.3 % Commerce reached R $ 105.6 million in net revenue , a growth of 162.2 % vs 3Q20 . Nine - month accumulated growth was 166.9 % Client's base grew 41.1 % in the first 9 months of 2021 ( from Dec / 2020 to Sep / 2021 ) . Considering the entrance of Bagy clients in 3Q21 , the base grew 96.6 % in the first 9 months of 2021 Maintenance of the pace of new store additions in 3Q21 compared to 2Q21 and growth compared to 4Q20 , even with the full reopening of the economy . Considering Bagy's new tenant additions in 3Q21 , growth in the quarter with respect to 4Q20 was 54.4 % Our cohorts show ARPU increase and churn reduction in our Commerce operation as a result of our ecosystem strategy BeOnline / SaaS reached R $ 103.5 million in net revenue , growth of 20.4 % vs 3Q20 Tray reached in September 2021 the maximum level of excellence in customer service in Reclame Aqui , RA1000 Delivery of relevant improvements in the Tray platform , consolidating itself as the best platform for SMEs in the market Intensification of marketing efforts in the Commerce segment , focusing on the acquisition of new customers Conference Call ( simultaneous translation ) : 11/12/2021 3h30 pm ( BRT ) : +55 ( 11 ) 4210-1803 1h30 pm ( EST ) : +55 ( 11 ) 4090-1621 Access code : LOCAWEB Integration agenda continues to advance despite high volume of acquisitions and acquired companies outperform the pre - acquisition period Adjusted EBITDA of R $ 33.6 million in 3Q21 Net cash position of R $ 1,780.3 million We continue to move forward in our acquisition process , having completed the acquisition of Squid 1 Investor Relations +55 11 3544-0479 ri.locaweb.com.br/en ri@locaweb.com.br LWSA3 NOVO MERCADO BM & FBOVESPA