The gross margin of the Digital line in the period represented 76% of the Company's total
Listed on B3's Bovespa Mais (QUSW3), Quality Digital announces growth of 68% in the 3rd quarter of this year, compared to the same period last year, reaching revenues of R$ 59.3 million. The expressive result obtained is mainly a consequence of the strategy adopted by the Company to position itself as a company of digital acceleration solutions for its customers. “During this period, we consolidated our position as a Digital Acceleration company, since in the year, the gross margin of the Digital Line represented 76% of the Company's total, an increase of 14 percentage points in relation to the same period of the previous year", explains Rodrigo Torres, CFO of Quality.
Rodrigo Torres, CFO and Director of Investor Relations at Quality – disclosure
With the entry of Digital Commerce solutions into the portfolio, adjusted EBITDA for the year reached R$ 27.7 million, growth of 70% and margin closed at 170% in relation to net revenue. “Net revenue was a record, and reached R$ 164.6 million, with 17.3% referring to organic growth and 38.2% inorganic (linked to the acquisition of ACCT)” adds Torres.
The results are in line with the company's initiatives in the Digital line, which seek to develop products that offer robust and complete diagnostic strategies, quick implementation of "Future Proof" virtual stores and application support. One of them is Headless Starters, a set of tools built with technology for the development of e-commerce with pre-built component templates, allowing our customers to have a quality and performing shop in a matter of a few weeks, reducing the time to market in 50%, explains Roberto Faria – Quality VP.
Roberto Faria – Quality VP – publicity
The DIGITAL business unit comprises three groups of products and services: Digital business (Dig-B), Digital Commerce (Dig-Com) and Digital Platforms. The first line of business is linked to digital acceleration directly related to our clients' businesses. The Digital Commerce line refers to an agile software engineering consultancy specializing in e-commerce, the business line of the acquired company ACCT. The Digital Platforms line is linked to ESGRC, 4AT (Automation) and Own Platforms (REIV) software and services related to the implementation of these tools. In the accumulated period of 2022, gross profit by groups of products and services reached a contribution margin of 35% in Digital Business, 40% in Digital E-commerce and 33% in Digital Platforms.
“In January 2022, we acquired ACCT, a company specializing in Digital Commerce. With projects in more than 20 countries and clients such as Electrolux Latam, Stanley Black & Decker, Unilever, among others, we prioritize the growth of new lines, such as DIG (DIGITAL) and 4AT (Automation). The focus is on offering products and services that are connected to the growing need for innovation of the end customer of the customers” adds Roberto Faria – VP of Quality.
Founded in 1989, Quality Digital's mission is to digitally accelerate our clients' businesses with creative, innovative and high-value solutions. It focuses on the development of Digital Business Solutions, E-commerce, Automation Platforms and ESGRC (Audit, Governance, Risk and Compliance) and IT Optimization. The Company helps its clients to have better operational performance, governance and communication with their clients using digital platforms, specialized teams and methodologies to promote digital acceleration.
The differentiator focuses on the ability to create unique, multi-channel digital experiences. The company has successful cases in industries, airports, retail, trade, telecom, health, agribusiness, hospitals, energy generators and distributors, oil and gas, civil construction, insurance, transport, service providers, clinics, financial institutions, large banks and medium-sized companies, in addition to federal and state government institutions, being one of the largest IT companies in Brazil, with more than 1,800 employees, headquarters in RJ, branches in SP, Curitiba and Mexico, Spain and the United States.
Quality is a company certified by ISO/IEC 20000-1:2018 and HDI, which values people, its culture and Lean management, strengthening the culture of continuous improvement and the commitment to do more and better.
