Duyuru • Apr 27
Semantix, Inc. Files Form 15 Semantix, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its ordinary shares under the Securities Exchange Act of 1934, as amended. The par value of the company's ordinary shares was $0.001 per share. New Risk • Apr 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$234m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 57% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$66.7m market cap). Duyuru • Jan 11
Semantix, Inc. Announces Resignation of Adriano Alcalde as Chief Financial Officer, Effective May 1, 2024 Semantix, Inc. announces the resignation of Mr. Adriano Alcalde, Chief Financial Officer, to be effective on May 1, 2024. Mr. Alcalde has served as Chief Financial Officer & IR of the Company since June 2020, contributing significantly to its financial success and growth. The Company is committed to ensuring a seamless transition and has already initiated a thorough search for a qualified successor. During this interim period, Mr. Alcalde will work closely with the executive team to facilitate a smooth handover of responsibilities. The Board of Directors and executive leadership team are actively engaged in the succession planning process, and updates on the progress will be communicated promptly to stakeholders. The company remains focused on its strategic objectives and is optimistic about the future. Semantix assures shareholders, investors, and the market at large that the resignation of Mr. Alcalde will not impact day-to-day operations, and it is committed to maintaining financial excellence. Reported Earnings • Nov 10
Third quarter 2023 earnings released: R$0.36 loss per share (vs R$2.73 loss in 3Q 2022) Third quarter 2023 results: R$0.36 loss per share (improved from R$2.73 loss in 3Q 2022). Revenue: R$40.0m (down 50% from 3Q 2022). Net loss: R$28.4m (loss narrowed 86% from 3Q 2022). Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Software industry in the US are expected to grow by 12%. Duyuru • Oct 31
Semantix, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Semantix, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023 New Risk • Oct 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.6m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$259m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 66% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$99.6m market cap). New Risk • Aug 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$92.0m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$259m free cash flow). Earnings have declined by 66% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (US$92.0m market cap). Reported Earnings • Aug 18
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: R$48.0m (up 4.1% from 2Q 2022). Net loss: R$35.7m (loss narrowed 16% from 2Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 12% growth forecast for the Software industry in the US. Price Target Changed • Aug 18
Price target decreased by 56% to US$1.75 Down from US$4.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of US$1.74. Stock is down 52% over the past year. The company posted a net loss per share of R$4.71 last year. Duyuru • Aug 09
Semantix, Inc. to Report Q2, 2023 Results on Aug 17, 2023 Semantix, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 17, 2023 Board Change • Jun 17
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Rafael Padilha de Lima Costa is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • May 10
Semantix, Inc. Provides Revenue Guidance for the Year 2023 Semantix, Inc. provided revenue guidance for the year 2023. For the year, the company expects Total revenue to be above 10% compared to the previous year. Reported Earnings • May 10
First quarter 2023 earnings released: R$0.69 loss per share (vs R$26.21 loss in 1Q 2022) First quarter 2023 results: R$0.69 loss per share. Revenue: R$39.7m (down 7.2% from 1Q 2022). Net loss: R$47.6m (loss widened 11% from 1Q 2022). Reported Earnings • Mar 30
Full year 2022 earnings released Full year 2022 results: Revenue: R$262.1m (up 24% from FY 2021). Net loss: R$328.4m (loss widened 380% from FY 2021). Duyuru • Jan 31
Semantix, Inc. Announces Board Changes Ariel Lebowits has resigned as a director of Semantix, Inc. (the “Company”) effective as of January 27, 2023. On January 30, 2023, in accordance with the Amended and Rested Memorandum and Articles of Association of the Company, Alexandre Villela was appointed as the Company’s director in replacement of Mr. Lebowits. Duyuru • Jan 19
Semantix, Inc. Announces Executive Changes André Frederico has resigned as the Semantix`s General Manager Latin America. Maurice Mello has been hired as Semantix`s Executive Vice President of Sales, reporting directly to the CEO and will be assuming leadership of sales and marketing activities, effective immediately. Duyuru • Jan 06
Semantix, Inc. (NasdaqGM:STIX) entered into an agreement to acquire Elemeno AI from Lucas Bonatto Miguel. Semantix, Inc. (NasdaqGM:STIX) entered into an agreement to acquire Elemeno AI from Lucas Bonatto Miguel on January 4, 2023. The transaction will be structured as a merger of a Semantix subsidiary with Elemeno, with the surviving company becoming a subsidiary of Semantix. The completion of this transaction is subject to the satisfaction of certain conditions precedent. Semantix and Elemeno will each maintain their business in the ordinary course in an independent manner until the closing date of the transaction. Reported Earnings • Dec 01
Third quarter 2022 earnings released: R$2.72 loss per share (vs R$14.46 loss in 3Q 2021) Third quarter 2022 results: R$2.72 loss per share. Revenue: R$80.6m (up 38% from 3Q 2021). Net loss: R$199.0m (loss widened R$175.2m from 3Q 2021). Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in the US. Duyuru • Nov 22
Semantix, Inc. to Report Q3, 2022 Results on Nov 29, 2022 Semantix, Inc. announced that they will report Q3, 2022 results After-Market on Nov 29, 2022 Price Target Changed • Nov 16
Price target decreased to US$2.75 Down from US$10.00, the current price target is provided by 1 analyst. New target price is 74% above last closing price of US$1.58. Stock is down 84% over the past year. The company posted a net loss per share of R$41.60 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Nov 02
Semantix, Inc. Announces Executive Officer Changes Semantix, Inc. announced that Marcela Bretas, the Chief Strategy Officer of the Company has resigned as the Company's Chief Strategy Officer. Adriano Alcalde, the Company's Chief Financial Officer, takes over the Company's investor relations activities effective immediately. Reported Earnings • Sep 03
First half 2022 earnings released: R$52.43 loss per share (vs R$14.14 loss in 1H 2021) First half 2022 results: R$52.43 loss per share (down from R$14.14 loss in 1H 2021). Revenue: R$85.5m (down 10% from 1H 2021). Net loss: R$86.2m (loss widened 271% from 1H 2021). Over the next year, revenue is forecast to grow 64%, compared to a 13% growth forecast for the IT industry in the US. Duyuru • Sep 02
Semantix, Inc. (NasdaqGM:STIX) acquired Zetta Health Analytics Ltda. Semantix, Inc. (NasdaqGM:STIX) acquired Zetta Health Analytics Ltda on August 31, 2022.
Semantix, Inc. (NasdaqGM:STIX) completed the acquisition of Zetta Health Analytics Ltda on August 31, 2022. Duyuru • Sep 01
Semantix, Inc. Provides Revenue Guidance for the Year 2022 Semantix, Inc. provided revenue guidance for the year 2022. For the year, the company expected total net revenue to be in the range of BRL 262 million to BRL 290 million. Duyuru • Aug 23
Semantix, Inc. to Report First Half, 2022 Results on Aug 31, 2022 Semantix, Inc. announced that they will report first half, 2022 results on Aug 31, 2022