Smartfit Escola de Ginástica e Dança S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 1,042.44 million compared to BRL 689.1 million a year ago. Net income was BRL 260.17 million compared to net loss of BRL 55.69 million a year ago. Basic earnings per share from continuing operations was BRL 0.4438 compared to basic loss per share from continuing operations of BRL 0.09 a year ago. Diluted earnings per share from continuing operations was BRL 0.4281 compared to diluted loss per share from continuing operations of BRL 0.09 a year ago.
For the six months, sales was BRL 2,024.38 million compared to BRL 1,311.09 million a year ago. Net income was BRL 342.86 million compared to net loss of BRL 146.59 million a year ago. Basic earnings per share from continuing operations was BRL 0.5848 compared to basic loss per share from continuing operations of BRL 0.25 a year ago. Diluted earnings per share from continuing operations was BRL 0.5642 compared to diluted loss per share from continuing operations of BRL 0.25 a year ago.