This presentation summarizes LPS Brasil's 1Q11 results. Key highlights include:
- CrediPronto! received its first earn-out payment of R$30.9 million.
- Contracted sales totaled R$3.5 billion, up 37% from 1Q10.
- Net revenue was R$77.4 million, up 23% from 1Q10.
- EBITDA was R$28.4 million, up 32% from 1Q10, with a 37% margin.
- Net income reached R$18.7 million, up 15% from 1Q10.
The presentation provides additional details on operational results,
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
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how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
2. Forward-looking statements
This presentation does not constitute or form part of any offer, or invitation or solicitation of any offer to purchase,
sell or subscribe for shares or other securities of the Company, nor shall this presentation or any information
contained herein form the basis of, or act as inducement to enter into, any contract or commitment whatsoever.
This presentation contains financial and other information related to the business operations of Lopes –LPS Brasil
Consultoria de Imóveis S.A and its subsidiaries (“LPS” or the “Company”) as of and for the period ended March
31th 2010. It should not be considered as a recommendation for prospective investors to sell, purchase or
subscribe for securities of the Company. The information presented herein is in summary form and does not
purport to be complete. No reliance should be placed on the accuracy completeness of the information
contained herein, and no representation or warranty, express or implied, is given on behalf of the Company or its
subsidiaries as to the accuracy completeness of the information presented herein.
This presentation contains forward-looking statements. Investors are advised that whilst the Company believes
they are based on reasonable assumptions by Management, forward-looking statements rely on current
expectations and projections about future events and financial trends, and are not a guarantee of future results.
Forward-looking statements are subject to risks and uncertainties that affect or may affect business conditions
and results of operations, which therefore could materially differ from those anticipated in forward-looking
statements due to several factors, including competitive pressures, Brazilian macroeconomic conditions,
performance of the industry, changes in market conditions, and other factors expressed or implied in these
forward-looking statements or disclosed by the Company elsewhere, factors currently deemed immaterial.
The forward-looking statements contained herein speak only as of the date they are made and neither
Management, nor the Company or its subsidiaries undertake any obligation to release publicly any revision to
these forward-looking statements after the date of this presentation or to reflect the occurrence of unanticipated
events.
2
3. Program
I. Highlights
II. Operational Results
III. Credipronto!
IV. Financial Results
3
5. Highlights
Credipronto! received the first Earn-Out of R$30.9 million on May 11th, 2011.
Contracted Sales totaled R$3.5 billion in 1Q11, 37% higher than the 1T10, of which R$2.8 billion in the primary
market alone.
CrediPronto! granted mortgage loans worth R$209 million in the quarter, for total PSV of R$340 million. The
accumulated origination reached over R$1 billion.
In April, the volume of financing was over R$100 million, record for Credipronto!.
Net revenue in 1Q11 came to R$77.4 million, 23% higher than 1T10.
EBITDA in 1Q11 was R$28.4 million, up 32% from 1Q10, with EBITDA Margin of 37%.
Net income of LPS Brasil reached R$18.7 million in 1Q11, 15% higher than 1Q10. Net Income Assigned to LPS
Shareholders was R$16,5 million.
The management will recommend, in a Shareholders’ Meeting to be called, the payment of Interest on
Capital of R$3.8 million.
We already concluded 3 acquisitions in 2011: Imobiliária Thá (Curitiba) and Erwin Maack (São Paulo) in the
1Q11 and AçãoDall’Oca (Brasília) in the 2Q11.
5
6. LPS Brasil: Unique Business Platform
Primary Market Secondary Market Mortgage Loan
Contracted Sales Contracted Sales Financed Volume
19% 1Q11 x 1Q10 261% 1Q11 x 1Q10 141% 1Q11 x 1Q10
LPS Brasil Net Income
23% 1Q11 x 1Q10
6
7. Quarterly Performance – Compared Analysis
Evolution of Net Revenue, EBITDA Margin, Net Income and
Revenue, Margin,
Net Margin
77 Regardless
63 seasonality, Net
Net Revenue Revenue more
+120%
(R$ million) 35
than doubled
37%
34%
EBITDA Margin
(%) +164%
14%
17
17
17 The increase in
13 revenue and the
Net Income of
the Controlling leverage of
-343% expenses
Shareholders
-7
(R$ million) increased the
profitability
20%
21%
Net Margin (%) -205%
-20%
7
1Q09 1Q10 1Q11
9. Contracted Sales
Contracted Sales Units Sold
(R$ MM)
12,046
14%
10,521 1.387
3,479 404
37%
2,545 674
186
10,117 10,665
2,804
2,359
1Q10 1Q11 1Q10 1Q11
In this Quarter, We Achieved R$ 3.5 billion in Contracted Sales.
9
10. Gross and Net Revenue
Gross Revenue Net Revenue
(R$ MM) (R$ MM)
23% 23%
85.1 77.4
69.3 63.0
1Q10 1Q11 1Q10 1Q11
In This Quarter, We Recognized R$77.4 million in Net Revenue.
10
11. Sales Speed over Supply
Lopes' Consolidated Sales Speed Habitcasa’s Sales Speed
28% 59% 60%
24%
1Q10 1Q11 1Q10 1Q11
*Management information, 11
The Sales Speed over Supply is obtained based on the quarter’s contracted GVS compared to inventory and launches.
12. Sales by Income Segment – Primary and Secondary Markets
Contracted Sales
Total Contracted Sales = R$3,479 million
1Q10 1Q11
19% 17% 12%
25%
24%
42% 23% 39%
Units Sold
Total units sold = 12,046
1Q10 1Q11
5%
13% 6%
41% 15% 31%
42%
47%
12
13. Contracted Sales by Geographic Region – Primary and Secondary Markets
Contracted Sales
1Q10 1Q11
12% 12%
10% 11%
5%
48%
54% 2%
9%
14%
5% 18%
São Paulo Rio de Janeiro Brasília Campinas South Other
13
14. Contracted Sales by Geographic Region – Primary and Secondary Markets
Contracted Sales
Contracted Sales= R$ 3.5 billion
Secondary Market
Primary Market
9%
13%
10% 15%
2% 45%
3%
11% 2% 59%
19% 12%
São Paulo Rio de Janeiro Brasília Campinas South Other
14
16. CrediPronto!
1Q11
R$209MM in Average LTV of Average Rate Average Period
824 Contracts
Mortgages 62% of 10,0% + TR of 291months
In April, CrediPronto financed more than R$100 million, a record number for the Company.
16
20. Net Commission by Market
Net Commission
3.0%
2.8% 2.8% 2.8%
2.7% 2.7%
2.5% 2.6% 2.5% 2.5%
2.3% 2.3% 2.4%
2.2% 2.1%
2.1% 2.2% 2.1% 2.1% 2.1%
São Paulo Rio de Janeiro Other Markets Brazil
1Q10 2Q10 3Q10 4Q10 1Q11
20
21. Results 1Q11
1Q11 Results
(R$ thousands)
LOPES PRONTO! OLÍMPIA CONSOLIDATED
(+) Gross Revenue 69,416 15,317 329 85,062
Revenue from Real Estate Brokerage 65,791 15,317 329 81,437
Revenue to Accrue from Itaú Operations
3,625 3,625
(=) Net Revenue
63,177 13,940 282 77,399
(-) Operating Costs and Expenses -47,133 1,760 -3,098 -48,471
(-) Stock Option Expenses (CPC 10) -327 -327
(-) Expenses to Accrue from Itaú
-238 -238
(=) EBITDA
15,479 15,700 -2,816 28,363
(=) EBITDA margin 25% 113% -999% 37%
(=) Pro forma EBITDA1 15,804 16,814 -2,816 28,688
(=) Pro forma EBITDA margin 25% 121% -998% 37%
(-) Depreciation and Amortization -6,119 -3,853 -8 -9,980
(+/-) Financial Result
10,330 3,065 656 7,921
(-) Income and social contribution taxes -7,034 -546 -18 -7,598
(=) Net Income for the year 12,656 8,236 -2,186 18,706
Net Margin 20% 59% -775% 24%
Attributable to:
Controlling Shareholders 16,514
Non-controlling Shareholders 2,192
21
23. Net Income
Net Income
(R$ Thousand
24%
25% 16%
18,706
16,188
1Q10 Margem EBITDA
1Q11
Net Income
2,191
18,706
16,515
1Q11 Net Income - IFRS Net Income Assigned to Controlling Net Income Assigned to Non-Controlling
Shareholders Shareholders
23