Revenues for SONDA increased 19.7% in the first quarter of 2023

April 28, 2023.-  As a leader in digital transformation with a presence in 12 countries, SONDA reported consolidated revenues of 356.6 million dollars for the first quarter of 2023. It represents an increase of 19.7% from the first quarter of 2022. Growth was evident in all SONDA countries during the period. It includes an expansion of 21.6% in the Southern Cone, 9.5% in the Andean States, 29.0% in North America, and 15.2% in Brazil.

First quarter operating results were US$22 million. It represents an increase of 15.1% over the same period in 2022. For its part, EBITDA was 34.6 million, an increase of 6.4% year-over-year.

A better Operating Result and non-recurring financial effects generated by the consolidation of KLAP in January 2023 contributed to the parent company's profit of US$16.0 million, exceeding US$1.9 million in 1Q22.

Commercially, corporate closings reached US$378.4 million, a growth of 20.2% compared to the same period in 2022. As a result, new business opportunities -or "pipeline" - amount to US$ 5,006.3 million, of which 46% relate to Brazil.

Jose Orlandini, SONDA's Chairman of the Board, highlighted the company's growth across all geographies following first quarter results.

“According to our financial statements for 2023, our revenues were significantly higher than the previous year. In addition, we are evaluating other projects and opportunities that will further strengthen our leadership in the region. Furthermore, it will accelerate our customers' digital transformation through initiatives and solutions that positively impact society”, said Orlandini.

SONDA is a global leader in digital transformation services, generating US$1,248 million in 2022 and employing more than 13,000 people. It operates in 12 countries: Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, the United States, Guatemala, Mexico, Panama, Peru, and Uruguay.