Linx S.A.

General Information
Business:

(Note a public offering: “Our common shares are listed on the Novo Mercado segment of the B3 S.A. — Brasil, Bolsa, Balcão, or the B3, under the symbol “LINX3.” The closing price of our common shares on June 24, 2019 was R$37.00 per common share, which is equivalent to approximately US$9.68 based upon the exchange rate of R$3.8234 to US$1.00 reported by the Central Bank of Brazil (Banco Central do Brasil), or the Central Bank, on June 24, 2019, or US$9.68 per ADS after giving effect to the 1:1 common share: ADS ratio. See “Market Information.”)

We are a leading cloud-based technology company in Latin America and a market leader in Brazil in terms of revenue. We are focused on developing and providing affordable, easy-to-use, reliable and seamlessly integrated software solutions to retailers in Latin America, through our software-as-a-service, or SaaS, business model. During 2018, our subscription revenue accounted for 86.8%, or R$680.8 million, of our gross operating revenue, an increase of 15.5% over 2017 in reais. During the three-month period ended March 31, 2019, our subscription revenue accounted for 89.1%, or R$180.5 million, of our gross operating revenue, an increase of 11.1% over the corresponding period in 2018 in reais. With a comprehensive offering of solutions, we are an end-to-end service provider that offers business management tools, payment solutions, e-commerce and omni-channel applications through an integrated and ever-evolving platform to retailers of all sizes and capabilities.

Industry: PREPACKAGED SOFTWARE
Employees: 3410
Founded: 2011
Contact Information
Address Avenida Doutora Ruth Cardoso, 7,221, São Paulo — SP, 05425-902, Brazil
Phone Number +55 (11) 2103-1575
Web Address http://www.linx.com.br
View Prospectus: Linx S.A.
Financial Information
Market Cap $1563.2mil
Revenues $177.1 mil (last 12 months)
Net Income $15.5 mil (last 12 months)
IPO Profile
Symbol LINX
Exchange NYSE
Shares (millions): 32.8
Price range $9.40 - $9.40
Est. $ Volume $308.1 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/ Jefferies/ BofA Merrill Lynch/ Itaú BBA
CO-Managers -
Expected To Trade: 6/26/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change