Welcome to our dedicated page for LINX S.A. news (Ticker: LINX), a resource for investors and traders seeking the latest updates and insights on LINX S.A. stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LINX S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LINX S.A.'s position in the market.
Linx reported gross revenue of BRL 264.5 million for Q1 2021, with total recurring revenue reaching BRL 233 million, a 15% increase year-over-year. Net operating revenue rose 11% to BRL 231 million. Adjusted EBITDA totaled BRL 52 million, reflecting a margin of 22.4%. However, an adjusted net loss of BRL 4 million was noted. CEO Alberto Menache emphasized the resilience of e-commerce during challenging times in Brazil, with Linx Digital and Linx Pay contributing significantly to recurring revenue. Linx holds a 45.6% market share in retail management software in Brazil.
