Earnings release
Page 1
GRUPOTECHNOS DATE 08/12/2021 CLOSING PRICE R $ 2.78 / share MARKET CAP R $ 218.2 million CONFERENCE CALL 08/13/2021 12:30 p.m. Brasília Telephone : Brazil : +55 ( 11 ) 3181-8565 +55 ( 11 ) 4090 1621 Connection code : Technos GRUPO TECHNOS ANNOUNCES REVENUE AND PROFIT GROWTH IN THE QUARTER COMPARED TO 2020 AND 2019 AND BETTER EBITDA SINCE 2016 IR CONTACTS Rio de Janeiro , August 12 , 2021- Grupo Technos ( B3 : TECN3 ) announces its 2021 results . The following financial and operational information is presented on a consolidated basis , in compliance with current legislation , unless otherwise indicated . 2Q21 HIGHLIGHTS Net revenue increased by 329.2 % compared to 2020 , increased by 1.3 % compared to 2Q19 Gross profit increased by 1,054.4 % compared to 2020 , increased by 26,0 % compared to 2Q19 . SG & A increased by 17.1 % compared to 2020 , decreased by 33,8 % compared to 2Q19 Daniela Pires - CFO and IR Officer Luís Ricardo - Financial and IR Manager Danielle Barbosa - Planning and IR Analyst GRU rif@grupotechnos.com.br www.grupotechnos.com.br/ri +55 ( 21 ) 2131-8904 GRUPOTECHNOS 2Q21 RESULTS CHIN TECHNOS Condor FOSSIL MICHAEL KORS ● R $ million Adjusted EBITDA for the last twelve months of R $ 53,6 million , the best performance since 2016 Net debt totaled R $ 24.9 million in 2Q21 and cash position totaled R $ 111.6 million , a record Gross revenue Net revenue Gross profit Gross margin SG & A ✔ -EURC mormaii TOUCH .. allora Net income Net margin Adjusted EBITDA Adjusted EBITDA margin Number of watches ( 000s ) Average price ( R $ / product ) 2Q20 22.0 17.8 3.7 20.6 % - 21.0 - 17.3 -96.8 % -16.4 -92.1 % 130 168 2Q21 84.8 76.5 42.4 55.4 % -24.6 7.6 9.9 % 17.5 22.9 % 446 189 % 286.1 % 329.2 % 1,054.4 % 34.8p.p. 17.1 % -143.9 % 106.7p.p. -206.9 % 115.0p.p. 243.7 % 12.4 % 2020 73.0 59.7 20.9 34.9 % 2Q21 Results -34.7 -28.6 2021 476 133.6 -52.8 -47.3 150 120.0 63.7 53.1 % -58.1 % 3.0 % 3.6 -47.9 % 15.7 % 18.8 754 176 % 83.0 % 100.8 % 205.2 % 18.2p.p. -10.5 % -110.3 % 61.1p.p. -165.7 % 63.6p.p. 58.4 % 16.8 % Adjusted EBITDA --Represents CVM EBITDA ( net income plus depreciation and amortization , financial expenses , financial income , current and deferred taxes ) , adjusted for the present value adjustment on sales and sales taxes , non - operational contingency provisions , nonrecurring results , extraordinary , and stock option plan . 1