Smartfit Escola de Ginástica e Dança S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 766.29 million compared to BRL 445.43 million a year ago. Net income was BRL 7.83 million compared to net loss of BRL 156.83 million a year ago. Basic earnings per share from continuing operations was BRL 0.01 compared to basic loss per share from continuing operations of BRL 0.28 a year ago.
For the nine months, sales was BRL 2,077.38 million compared to BRL 1,160.41 million a year ago. Net loss was BRL 138.75 million compared to BRL 497.22 million a year ago. Basic loss per share from continuing operations was BRL 0.24 compared to BRL 0.99 a year ago.