Semantix, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 08:01 am EDT
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Semantix, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 48 million compared to BRL 46.11 million a year ago. Net loss was BRL 35.73 million compared to BRL 42.36 million a year ago. Basic loss per share from continuing operations was BRL 0.45 compared to BRL 0.68 a year ago.
For the six months, sales was BRL 87.68 million compared to BRL 85.54 million a year ago. Net loss was BRL 83.36 million compared to BRL 86.19 million a year ago. Basic loss per share from continuing operations was BRL 1.05 compared to BRL 1.39 a year ago.
Semantix Inc, formerly Alpha Capital Holdco Co is a Brazil-based company. It is a developer of a data-centric platform that accelerates digital transformation and enhances business performance through seamless, low-code and low-touch data analytics solutions. The Companyâs data software is designed to allow customers to access data from any source and develop appropriate analytics to meet their industry and business needs. The Companyâs internally developed, frictionless, end-to-end Software as a Service (SaaS) data platform Semantix Data Platform (SDP) guides customers through their entire data lifecycles, from capturing data, to structuring that data in the form of a data lake, then providing easy access to such data for exploration and interaction and, finally, creating reports, dashboards and algorithms fueled by the data to enhance business performance.