Technos S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018; Announces Impairment of Permanent Assets for the Second Quarter Ended June 30, 2018
For the six months, the company's net revenue was BRL 125,218,000 compared to BRL 146,233,000 a year ago. Operational loss was BRL 10,703,000 compared to BRL 9,918,000 a year ago. Loss before income tax and social contribution was BRL 8,536,000 compared to BRL 8,514,000 a year ago. Net loss was BRL 7,535,000 compared to BRL 9,357,000 a year ago. Net cash generated by operational activities was BRL 30,515,000 compared to BRL 25,380,000 a year ago. Purchases of fixed assets were BRL 6,111,000 compared to BRL 4,029,000 a year ago. Purchases of intangible assets were BRL 2,998,000 compared to BRL 2,988,000 a year ago. Adjusted EBITDA loss was BRL 0.8 million compared to adjusted EBITDA of BRL 3.6 million a year ago. EBITDA loss was BRL 4.0 million compared to BRL 3.6 million a year ago.
The company also announced impairment of permanent assets of BRL 1,000 for the second quarter ended June 30, 2018 compared to BRL 2,000 a year ago.