Earnings release
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Earnings Release 3Q21 A é pra ser movida aluguel de carros NET INCOME OF R $ 259,4 MILLION ON THE 3Q21 WITH TOTAL FLEET OF 168 THOUSAND CARS AND RECORDS ON ALL BUSINESS LINES General Highlights Conclusion of the merger between Movida and CS Frotas with proforma results included as of August 2021 in Fleet Management and Outsourcing in 3Q21 ; Consolidated Net Revenue of R $ 1.6 billion in 3Q21 , an increase of 52.1 % year - on- year . Net revenue from Rentals of R $ 730.6 million , the highest recorded in a quarter , with growth of 85.1 % ; Consolidated EBITDA of R $ 613.4 million in 3Q21 , with an EBITDA¹ margin of 84.0 % , an evolution of 30 p.p. in the consolidated margin , compared to 3Q20 . EBITDA from Rentals of R $ 426.2 million , 58.8 % more than in the previous quarter ; Net revenue of R $ 259.4 million in 3Q21 , 7x higher than the result of 3Q20 , with a margin of 35.6 % . Taking the proforma including the month of July for CS Frotas , net income would be R $ 267 million ; Total fleet of 168 thousand cars , an increase of 60 thousand cars when compared to 3Q20 , already considering the incorporation of CS Frotas ; ROIC of 13.6 % in the last 12 months , and ROE of 25.3 % , breaking new profitability records . Spread between ROIC and cost of debt of 10 p.p. compared to 4 p.p. in 3Q20 ; Issuance of R $ 1.75 billion in local debentures and US $ 300 million in the re - tap of the international bond , totaling R $ 6 billion in cash² in the quarter . 1 Net revenue from rentals . 2 Do not consider 4131 effects tied to the Bond issuance . Highlights by Business Line RAC : Highest average ticket recorded of R $ 96 in 3Q21 , an increase of 37.1 % versus 3Q20 as a result of pricing discipline and a more premium fleet mix . GTF : Average monthly revenue per car expanding 13.4 % year - on - year reaching R $ 1.4 thousand due to the expansion of the Movida Zero Km product , totaling 6.3 million daily rentals in 3Q21 compared to 3.1 million in 3Q20 - now incorporating CS Frotas , expanding our share to more than 50 % of the total fleet destined for the GTF . Seminovos : New record in the average ticket of R $ 58.7 thousand , evolution of 29.6 % year on year with a record EBITDA margin of 22.0 % and a volume of approximately 14.5 thousand cars sold in 3Q21 . Sistema B MOVI ISEB3 B3 LISTED NM 1 UMA EMPRESA DO GRUPO SIMPAR