Smartfit Escola de Ginástica e Dança S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 1,089.19 million compared to BRL 766.29 million a year ago. Net income was BRL 60.28 million compared to BRL 7.83 million a year ago. Basic earnings per share from continuing operations was BRL 0.1028 compared to BRL 0.095 a year ago. Diluted earnings per share from continuing operations was BRL 0.0991 compared to BRL 0.095 a year ago.
For the nine months, sales was BRL 3,113.57 million compared to BRL 2,077.38 million a year ago. Net income was BRL 403.13 million compared to net loss of BRL 138.75 million a year ago. Basic earnings per share from continuing operations was BRL 0.6877 compared to basic loss per share from continuing operations of BRL 0.2367 a year ago. Diluted earnings per share from continuing operations was BRL 0.6632 compared to diluted loss per share from continuing operations of BRL 0.2367 a year ago.