Via: net operating income is R$16 million in the 2nd quarter, down 88%

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Via reported operating net income of BRL 16 million in the second quarter of 2022, down 88% over the same period in 2022. Adjusted operating Ebitda, in turn, rose 54.2% on the same comparative basis, to BRL $748 million.

The adjusted Ebitda margin was 9.8%, an increase of 3.6 percentage points compared to the second quarter of 2021. The company attributes the increase to the increase in gross margin, productivity gains and good control of general and administrative selling expenses (SG&A).

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Between April and June, the retailer’s net revenue reached R$ 7.646 billion, a decrease of 2.9% compared to the second quarter of 2021.

GMV

The company’s total gross GMV dropped 3.5% from a year earlier, to R$11 billion. In physical stores, gross GMV was R$6 billion, an annual growth of 18.4% and gross revenue of R$5.5 billion, an increase of 13.4%.

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The advance reflects the improvement in the flow of stores and greater conversion, symbolized by the record of sales on Mother’s Day, according to the company’s earnings release. Same-store (GMV) performance recorded an increase of 11.8%, compared to a decrease of 25.2% in the fourth quarter of 2021 and a rise of 0.3% in the first quarter of 2022.

On the other hand, online GMV 1P decreased by 21.5%, reaching R$3.7 billion, as a result of the market downturn, according to the earnings release. “Even in this context, we have strengthened our presence in the 1P market, supported by the core categories”, says the company.

1P omnichannel GMV (store gross GMV + online 1P gross GMV) decreased by 0.8%, but showed growth of 0.7% year-to-date. 3P’s omnichannel GMV decreased by 19.2% in the period compared to the second quarter of 2021.

“Performance already explained above, related to the company’s focus on increasing the number of tail orders, therefore, there is a recomposition of the average ticket and change in the mix, privileging long tail items over those overlapping our core 1P products”, he argues. the retailer.

Credit and cards

In the second quarter, installment plans had a penetration of 15.7% in Via’s consolidated sales, an increase of 3.6 pp compared to the second quarter of 2021. In stores, it participated with +29% of sales and 5.9% of sales of the Casas Bahia brand. Sales made through own payments grew 4.8 pp, representing 25%, with banQi participating with 0.5%.

The TPV generated by the card operation reached R$ 5.1 billion

end of the second quarter of 2022, while the growth of new cards was 78% compared to the same period last year.

Source: CNN Brasil

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