Valid Soluções S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022
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Valid Soluções S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was BRL 463.95 million compared to BRL 402.12 million a year ago. Net loss was BRL 4.3 million compared to BRL 17.6 million a year ago. Basic loss per share was BRL 0.05433 compared to BRL 0.21947 a year ago.
For the six months, revenue was BRL 919.94 million compared to BRL 777.71 million a year ago. Net loss was BRL 22.39 million compared to BRL 22.56 million a year ago. Basic loss per share was BRL 0.28271 compared to BRL 0.29693 a year ago.
Valid Solucoes SA, formerly Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA, is a Brazil-based company primarily engaged in the provision of printed services. The Company's activities are divided into four business segments: Means of payment, Identification, Telecommunications and Digital certification. The Means of payment division produces cards, which are used on a daily basis for payments, identification, gift cards, vouchers and tickets, among others. The Identification division offers physical and electronic solutions, such as capture, storage and data management, security printing, as well as recognition and digital printing. The Telecommunications division provides instant lottery tickets, prepaid cards and public transportation tickets, among others. The Digital certification division offers technology and support services for government-certified digital certificates.
VALID SOLUÇÕES S.A. 
