6-K
Ambipar Emergency Response (AMBIQ)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August, 2023
Commission File Number: 001-41638
AMBIPAR EMERGENCY RESPONSE
(Exact name of registrant as specified in itscharter)
Avenida Angélica, nº 2346, 5th Floor
São Paulo, São Paulo, Brazil,01228-200
Tel: +55 (11) 3429-5000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes ¨ No x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes ¨ No x
Ambipar Parent released results for the second quarter of 2023.
Ambipar Emergency Response informs the market that on August 15, 2023, its parent company, Ambipar Participações e Empreendimentos S.A. (“Ambipar Parent”), announced its results for the six months ended June 30, 2023.
Excerpts of this announcement relating to Ambipar Emergency Response (the “Company”) are furnished as Exhibit 99.1 to this Report on Form 6-K. Financial information relating to the Company contained therein has not been audited or reviewed in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB) or any other auditing standards. While such financial information has been prepared in good faith and based on information available at the time of preparation, no assurance can be made that actual results will not change as a result of the Company’s management review of results and other factors. The Company’s results for the six months ended June 30, 2023 are subject to finalization and closing of the Company’s accounting books and records (which have yet to be performed) and should not be viewed as a substitute for financial statements prepared in accordance with IFRS. Accordingly, you should not place undue reliance upon the financial information contained in Exhibit 99.1. While we do not expect that such financial information will differ materially from the Company’s actual results for the six months ended June 30, 2023, we cannot assure you that such financial information will be indicative of the Company’s actual financial results for the six months ended June 30, 2023 or for any future periods.
EXHIBIT INDEX
| Exhibit No. | Description of Exhibit |
|---|---|
| 99.1 | Press Release of Ambipar Emergency Response dated August 15, 2023. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 16, 2023
| AMBIPAR EMERGENCY RESPONSE | |
|---|---|
| By: | /s/ Thiago da Costa Silva |
| Name: Thiago da Costa Silva | |
| Title: Director |
Exhibit 99.1
EARNINGS RELEASE 2Q23
RESPONSE SEGMENT
| BRL million | 2Q23 | 2Q22 | Chg. | 1Q23* | Chg. | 6M23* | 6M22 | Chg. | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROSS REVENUE | 660.4 | 363.3 | 81.8% | 627.1 | 5.3% | 1,287.5 | 713.7 | 80.4% | ||||||||
| DEDUCTIONS | -48.3 | -30.7 | 57.3% | -30.9 | 56.3% | -79.2 | -59.2 | 33.8% | ||||||||
| NET REVENUE | 612.1 | 332.6 | 84.0% | 596.3 | 2.7% | 1,208.3 | 654.5 | 84.6% | ||||||||
| COST OF SERVICES PROVIDED | -454.1 | -243.6 | 86.5% | -452.1 | 0.4% | -906.3 | -472.6 | 91.8% | ||||||||
| GROSS PROFIT | 157.9 | 89.1 | 77.4% | 144.1 | 9.6% | 302.1 | 182.0 | 66.0% | ||||||||
| GROSS MARGIN | 25.8% | 26.8% | -1.0 p.p. | 24.2% | 1.6 p.p. | 25.0% | 27.8% | -2.8 p.p. | ||||||||
| SELLING, GENERAL AND ADMINISTRATIVE<br> EXPENSES | -7.6 | -6.5 | 17.5% | -5.1 | 49.4% | -12.7 | -14.0 | -9.7% |
GROSS REVENUE
| RESPONSE | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COMPOSITION OF<br><br>GROSS REVENUE<br> R$ million | 2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | |||||||||
| GROSS REVENUE | 215.2 | 262.4 | 281.5 | 350.4 | 363.3 | 431.8 | 667.8 | 627.1 | 660.4 | |||||||||
| Brazil | 70.1 | 82.2 | 77.1 | 112.5 | 122.8 | 159.4 | 202.5 | 208.7 | 244.5 | |||||||||
| International | 145.1 | 180.2 | 204.4 | 237.9 | 240.6 | 272.4 | 465.3 | 418.4 | 415.9 | |||||||||
| Latam (ex<br> Brazil) | 36.9 | 47.7 | 50.1 | 57.9 | 58.7 | 44.1 | 50.3 | 55.8 | 54.3 | |||||||||
| Europe | 42.4 | 50.1 | 48.1 | 47.8 | 50.5 | 51.8 | 64.7 | 56.1 | 46.0 | |||||||||
| North America | 65.8 | 82.4 | 106.2 | 132.2 | 131.3 | 176.5 | 350.3 | 306.5 | 315.5 |
Our operations had revenue variations as expected. Gross revenue reached R$660 million in 2Q23, 81.8% higher than 2Q22 and up by 5.3% compared to 1Q23.
BRAZIL
| COMPOSITION OF<br><br>GROSS REVENUE<br> R$ million | 2Q23 | 2Q22 | Chg.<br><br> 2Q23 x <br><br> 2Q22 | 1Q23 | Chg.<br><br> 2Q23 x <br><br> 1Q23 | 6M23 | 6M22 | Chg.<br><br> 6M23 x<br><br> 6M22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RESPONSE | ||||||||||||||||
| GROSS REVENUES | 660.4 | 363.3 | 81.8% | 627.1 | 5.3% | 1,287.5 | 713.7 | 80.4% | ||||||||
| Brazil | 244.5 | 122.8 | 99.1% | 208.7 | 17.1% | 453.2 | 235.3 | 92.6% | ||||||||
| Subscriptions<br> Brazil | 39.6 | 33.7 | 17.3% | 38.2 | 3.6% | 77.8 | 67.5 | 15.3% | ||||||||
| Services<br> Brazil | 204.9 | 89.0 | 130.1% | 170.5 | 20.2% | 375.5 | 167.8 | 123.7% | ||||||||
| Attended Services | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | Chg.<br><br> 2Q23 x<br><br> 2Q22 | ||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | |||||||||
| Brazil | Gross<br> Revenue (BRL Million) | 89.0 | 123.5 | 165.5 | 170.5 | 204.9 | 130.1% | |||||||||
| Number<br> of Services Provided | 1,853 | 2,435 | 2,594 | 2,727 | 3,075 | 65.9% | ||||||||||
| Average<br> Ticket (BRL Thousand) | 48.1 | 50.7 | 63.8 | 62.5 | 66.6 | 38.7% | ||||||||||
| · | Gross<br> Revenue in Brazil grew in all comparisons, mainly driven by the provision of scheduled industrial<br> services and emergencies in the road and rail sectors. | |||||||||||||||
| --- | --- | |||||||||||||||
| · | The<br> average ticket rose YoY and QoQ reflecting higher complexity of attended services. | |||||||||||||||
| · | This<br> result is the result of integration and cross-selling between the business areas. |
LATAM
| COMPOSITION OF<br><br> GROSS REVENUE<br> R$ million | 2Q23 | 2Q22 | Chg.<br><br> 2Q23 x<br><br> 2Q22 | 1Q23 | Chg.<br><br> 2Q23 x<br><br> 1Q23 | 6M23 | 6M22 | Chg.<br><br> 6M23 x<br><br> 6M22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RESPONSE | ||||||||||||||||
| GROSS REVENUES | 660.4 | 363.3 | 81.8% | 627.1 | 5.3% | 1,287.5 | 713.7 | 80.4% | ||||||||
| International | 415.9 | 240.6 | 72.9% | 418.4 | -0.6% | 834.3 | 478.4 | 74.4% | ||||||||
| Latam (ex-Brazil) | 54.3 | 58.7 | -7.5% | 55.8 | -2.6% | 110.1 | 116.6 | -5.5% | ||||||||
| Subscriptions<br> Latam | 34.6 | 34.4 | 0.5% | 36.1 | -4.1% | 70.7 | 65.6 | 7.7% | ||||||||
| Services<br> Latam | 19.7 | 24.3 | -18.7% | 19.7 | 0.1% | 39.5 | 51.0 | -22.6% | ||||||||
| Attended Services | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | Chg.<br><br> 2Q23 x <br><br> 2Q22 | ||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | |||||||||
| Latam<br> (Ex Brazil) | Gross<br> Revenue (BRL Million) | 24.3 | 9.6 | 14.8 | 19.7 | 19.7 | -18.7% | |||||||||
| Number<br> of Services Served | 82 | 80 | 104 | 95 | 90 | 9.8% | ||||||||||
| Average<br> Ticket (BRL Thousand) | 296.4 | 119.6 | 142.3 | 207.6 | 219.4 | -26.0% | ||||||||||
| · | Latam<br> gross revenue had a negative exchange rate impact between 1Q23 vs. 2Q23, due to the 3.4%<br> appreciation of the Real against the Chilean Peso. On a Local currency view, Revenues showed<br> slight growth. | |||||||||||||||
| --- | --- | |||||||||||||||
| · | In<br> Latin America, we had a YoY retraction due to exchange variation, and an oil spill response<br> in the region during 1H22. |
EUROPE
| COMPOSITION OF<br><br> GROSS REVENUE<br> R$ million | 2Q23 | 2Q22 | Chg.<br><br> 2Q23 x<br><br> 2Q22 | 1Q23 | Chg.<br><br> 2Q23 x<br><br> 1Q23 | 6M23 | 6M22 | Chg.<br><br> 6M23 x<br><br> 6M22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RESPONSE | ||||||||||||||||
| GROSS REVENUES | 660.4 | 363.3 | 81.8% | 627.1 | 5.3% | 1,287.5 | 713.7 | 80.4% | ||||||||
| International | 415.9 | 240.6 | 72.9% | 418.4 | -0.6% | 834.3 | 478.4 | 74.4% | ||||||||
| Europe | 46.0 | 50.5 | -8.9% | 56.1 | -17.9% | 102.1 | 98.3 | 3.9% | ||||||||
| Subscriptions<br> Europe | 4.6 | 3.8 | 20.5% | 4.8 | -4.9% | 9.4 | 7.4 | 27.1% | ||||||||
| Services<br> Europe | 41.5 | 46.7 | -11.3% | 51.3 | -19.1% | 92.7 | 90.9 | 2.0% | ||||||||
| Attended Services | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | Chg.<br><br> 2Q23 x <br><br> 2Q22 | ||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | |||||||||
| Europe | Gross<br> Revenue (BRL Million) | 46.7 | 48.1 | 60.0 | 51.3 | 41.5 | -11.3% | |||||||||
| Number<br> of Services Served | 5,874 | 5,922 | 5,974 | 5,947 | 5,798 | -1.3% | ||||||||||
| Average<br> Ticket (BRL Thousand) | 8.0 | 8.1 | 10.0 | 8.6 | 7.2 | -10.1% | ||||||||||
| · | In<br> Europe, we had a quarterly drop in revenue, due to a lower industrial demand. | |||||||||||||||
| --- | --- | |||||||||||||||
| · | In<br> addition, the Real appreciated against the basket of currencies in the European countries<br> where we operate. |
NORTH AMERICA
| COMPOSITION OF<br><br> GROSS REVENUE<br> R$ million | 2Q23 | 2Q22 | Chg.<br><br> 2Q23 x<br><br> 2Q22 | 1Q23 | Chg.<br><br> 2Q23 x 1Q23 | 6M23 | 6M22 | Chg.<br><br> 6M23 x<br><br> 6M22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RESPONSE | ||||||||||||||||
| GROSS REVENUES | 660.4 | 363.3 | 81.8% | 627.1 | 5.3% | 1,287.5 | 713.7 | 80.4% | ||||||||
| International | 415.9 | 240.6 | 72.9% | 418.4 | -0.6% | 834.3 | 478.4 | 74.4% | ||||||||
| North America | 315.5 | 131.3 | 140.2% | 306.5 | 2.9% | 622.0 | 263.5 | 136.0% | ||||||||
| Attended Services | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | Chg.<br><br> 2Q23 x <br><br> 2Q22 | ||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | |||||||||
| North<br> America | Gross<br> Revenue (BRL Million) | 131.3 | 176.5 | 350.3 | 306.5 | 315.5 | 140.2% | |||||||||
| Number<br> of Services Served | 2,597 | 2,991 | 3,117 | 3,228 | 3,660 | 40.9% | ||||||||||
| Average<br> Ticket (BRL Thousand) | 50.6 | 59.0 | 112.4 | 95.0 | 86.2 | 70.5% | ||||||||||
| · | North<br> America ex-WOB operations continue their growth trajectory. In the comparison with 2Q22,<br> the growth was 140.2%. | |||||||||||||||
| --- | --- | |||||||||||||||
| · | Continuing<br> the process of integrating operations in North America, Witt O’Brien’s now brings<br> together all the L1 and L2 US operations. So, we consolidate WOB into the North America revenue<br> line. We continue to cross-sell L3 from leads generated by L1. | |||||||||||||||
| · | Standing<br> out in Canada was its performance in the Oil and Gas market, in addition to fire response,<br> maintenance and cleaning of silos in the agricultural market. |
NET REVENUE
| R$ million | 2Q23 | 2Q22 | Chg. | 1Q23 | Chg. | 6M23 | 6M22 | Chg. | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Revenues | 660.4 | 363.3 | 81.8% | 627.1 | 5.3% | 1,287.5 | 713.7 | 80.4% | ||||||||
| Deductions | -48.3 | -30.7 | 57.3% | -30.9 | 56.3% | -79.2 | -59.2 | 33.8% | ||||||||
| Net Revenues | 612.1 | 332.6 | 84.0% | 596.3 | 2.7% | 1,208.3 | 654.5 | 84.6% | ||||||||
| % Deductions / Gross Revenues | -7.3% | -8.5% | 1.1 p.p. | -4.9% | -2.4 p.p. | -6.1% | -8.3% | 2.1 p.p. | ||||||||
| · | The<br> variation in net revenue accompanied the evolution of gross revenue by geography, and the<br> revenue deductions for each region. There was no significant change in the tax structure<br> of each market, with higher deductions in the Brazilian market than in the international<br> market. | |||||||||||||||
| --- | --- |
COST OF PRODUCTS/SERVICES (CASH)
| RESPONSE | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COST<br> OF SERVICES R$ million | 2Q23 | 2Q22 | Chg. | 1Q23 | Chg. | 6M23 | 6M22 | Chg. | ||||||||||
| Personnel | 253.4 | 120.2 | 110.9% | 237.6 | 6.6% | 491.0 | 238.2 | 106.2% | ||||||||||
| Third parties | 92.2 | 49.5 | 86.1% | 88.8 | 3.8% | 181.0 | 96.4 | 87.8% | ||||||||||
| Maintenance | 24.7 | 8.1 | 207.1% | 19.8 | 24.6% | 44.6 | 14.7 | 203.2% | ||||||||||
| Travel | 19.2 | 4.6 | 313.3% | 17.2 | 11.7% | 36.4 | 9.2 | 293.6% | ||||||||||
| Freight | 0.8 | 1.2 | -32.1% | 1.5 | -45.6% | 2.2 | 2.3 | -2.6% | ||||||||||
| Rentals | 11.7 | 9.5 | 23.2% | 10.7 | 9.4% | 22.4 | 19.1 | 17.2% | ||||||||||
| Fuel | 12.8 | 18.7 | -31.7% | 12.6 | 1.6% | 25.3 | 30.9 | -17.9% | ||||||||||
| Materials | 5.2 | 3.5 | 46.3% | 7.9 | -35.1% | 13.1 | 6.8 | 93.2% | ||||||||||
| Telecommunications | 2.9 | 0.6 | 406.5% | 3.7 | -22.7% | 6.6 | 1.2 | 439.0% | ||||||||||
| Marketing | 5.3 | 0.7 | 656.4% | 3.1 | 71.5% | 8.4 | 1.2 | 583.0% | ||||||||||
| Taxes | 4.2 | 6.2 | -32.3% | 10.8 | -61.1% | 15.1 | 15.6 | -3.3% | ||||||||||
| Others | 21.9 | 20.8 | 5.3% | 38.4 | -43.0% | 60.2 | 37.0 | 62.6% | ||||||||||
| TOTAL | 454.1 | 243.6 | 86.5% | 452.1 | 0.4% | 906.3 | 472.6 | 91.8% | ||||||||||
| RESPONSE | ||||||||||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| COST OF SERVICES<br> R$ million | 2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | |||||||||
| Net Revenue | 190.3 | 233.4 | 255.6 | 321.9 | 332.6 | 398.1 | 632.3 | 596.3 | 612.1 | |||||||||
| Personnel | 73.0 | 91.3 | 96.4 | 118.0 | 120.2 | 137.7 | 271.5 | 237.6 | 253.4 | |||||||||
| Third parties | 19.8 | 28.8 | 27.7 | 46.8 | 49.5 | 45.1 | 69.0 | 88.8 | 92.2 | |||||||||
| Maintenance | 8.6 | 4.5 | 6.2 | 6.6 | 8.1 | 15.5 | 27.8 | 19.8 | 24.7 | |||||||||
| Travel | 2.4 | 3.8 | 4.3 | 4.6 | 4.6 | 6.7 | 17.2 | 17.2 | 19.2 | |||||||||
| Freight | 0.6 | 0.8 | 0.9 | 1.1 | 1.2 | 1.3 | 13.4 | 1.5 | 0.8 | |||||||||
| Rentals | 7.3 | 7.2 | 7.1 | 9.6 | 9.5 | 3.3 | 8.6 | 10.7 | 11.7 | |||||||||
| Fuel | 5.4 | 6.6 | 9.0 | 12.2 | 18.7 | 19.8 | 7.5 | 12.6 | 12.8 | |||||||||
| Materials | 2.3 | 3.2 | 3.5 | 3.3 | 3.5 | 10.4 | 5.2 | 7.9 | 5.2 | |||||||||
| Telecommunications | 0.4 | 0.5 | 0.7 | 0.7 | 0.6 | 1.0 | 4.2 | 3.7 | 2.9 | |||||||||
| Marketing | 0.9 | 0.3 | 1.5 | 0.5 | 0.7 | 5.5 | 4.1 | 3.1 | 5.3 | |||||||||
| Taxes | 2.1 | 3.6 | 3.7 | 9.3 | 6.2 | 5.9 | -1.3 | 10.8 | 4.2 | |||||||||
| Others | 9.2 | 9.0 | 14.4 | 16.3 | 20.8 | 30.5 | 27.0 | 38.4 | 21.9 | |||||||||
| Total | 132.1 | 159.4 | 175.3 | 229.0 | 243.6 | 282.8 | 454.2 | 452.1 | 454.1 |
Percentage of Net Revenue
| RESPONSE | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COST OF SERVICES<br> R$ million | 2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | |||||||||
| Net Revenue | 190.3 | 233.4 | 255.6 | 321.9 | 332.6 | 398.1 | 632.3 | 596.3 | 612.1 | |||||||||
| Personnel | 38.3% | 39.1% | 37.7% | 36.7% | 36.1% | 34.6% | 42.9% | 39.9% | 41.4% | |||||||||
| Third parties | 10.4% | 12.4% | 10.9% | 14.5% | 14.9% | 11.3% | 10.9% | 14.9% | 15.1% | |||||||||
| Maintenance | 4.5% | 1.9% | 2.4% | 2.1% | 2.4% | 3.9% | 4.4% | 3.3% | 4.0% | |||||||||
| Travel | 1.3% | 1.6% | 1.7% | 1.4% | 1.4% | 1.7% | 2.7% | 2.9% | 3.1% | |||||||||
| Freight | 0.3% | 0.3% | 0.3% | 0.4% | 0.3% | 0.3% | 2.1% | 0.2% | 0.1% | |||||||||
| Rentals | 3.9% | 3.1% | 2.8% | 3.0% | 2.9% | 0.8% | 1.4% | 1.8% | 1.9% | |||||||||
| Fuel | 2.8% | 2.8% | 3.5% | 3.8% | 5.6% | 5.0% | 1.2% | 2.1% | 2.1% | |||||||||
| Materials | 1.2% | 1.3% | 1.4% | 1.0% | 1.1% | 2.6% | 0.8% | 1.3% | 0.8% | |||||||||
| Telecommunications | 0.2% | 0.2% | 0.3% | 0.2% | 0.2% | 0.3% | 0.7% | 0.6% | 0.5% | |||||||||
| Marketing | 0.5% | 0.1% | 0.6% | 0.2% | 0.2% | 1.4% | 0.6% | 0.5% | 0.9% | |||||||||
| Taxes | 1.1% | 1.5% | 1.4% | 2.9% | 1.9% | 1.5% | -0.2% | 1.8% | 0.7% | |||||||||
| Others | 4.8% | 3.9% | 5.6% | 5.1% | 6.2% | 7.7% | 4.3% | 6.4% | 3.6% | |||||||||
| Total | 69.4% | 68.3% | 68.6% | 71.1% | 73.2% | 71.0% | 71.8% | 75.8% | 74.2% | |||||||||
| Gross<br> Margin | 30.6% | 31.7% | 31.4% | 28.9% | 26.8% | 29.0% | 28.2% | 24.2% | 25.8% |
Costs remained stable as a percentage of revenue when comparing 2Q23 vs. 1Q23, reflecting the company's business mix. There were no highlights in the composition of costs in this quarter. The largest cost components – Personnel, Third Parties, Maintenance, Fuel and Travel – represented more than 85% of total costs.
GROSS PROFIT
Gross profit grew over 2Q22. Gross margin for 2Q23 reached 25.8%, a result of 1.0 pp. lower than 2Q22 and up by 1.6 pp. compared to 1Q23. The improvement in gross margin in relation to 1Q23, is due to better performance in Brazil and Canada.
CAPEX RESPONSE
In 2Q23, addition of Fixed Assets was R$41.9 million. In Response, we invested in Latin America in the new training camp in Chile and in the acquisition of equipment to be used in outsourcing contracts.
| Additions to Fixed Assets<br> <br> R$ million | 2Q23 | 2Q22 | Chg. <br> 2Q23 x<br><br> 2Q22 | 1Q23 | Chg. <br> 2Q23 x<br><br> 1Q23 | 6M23 | 6M22 | Chg.<br> 6M23 x<br><br> 6M22 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Response | 41.9 | 26.1 | 61.0% | 69.0 | -39.2% | 110.9 | 90.9 | 22.1% | ||||||||||
| (+) Brazil | 11.6 | 8.9 | 29.4% | 43.8 | -73.6% | 55.4 | 58.8 | -5.7% | ||||||||||
| (+) LATAM (ex-Brazil) | 19.8 | 1.9 | 933.4% | 1.1 | 1662.9% | 20.9 | 2.0 | 967.3% | ||||||||||
| (+) Europe | 1.8 | 0.5 | 261.6% | 1.8 | -0.5% | 3.7 | 3.7 | 0.3% | ||||||||||
| (+) North America | 8.7 | 14.7 | -40.4% | 22.2 | -60.6% | 30.9 | 26.4 | 16.9% | ||||||||||
| Additions to Fixed Assets<br> R$ million | 2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | |||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Response | 20.8 | 46.2 | 12.9 | 64.8 | 26.1 | 69.9 | 72.5 | 69.0 | 41.9 | |||||||||
| (+) Brazil | 16.4 | 32.5 | 7.1 | 49.9 | 8.9 | 52.3 | 37.9 | 43.8 | 11.6 | |||||||||
| (+) LATAM (ex-Brazil) | 0.7 | 2.0 | 2.1 | 0.0 | 1.9 | 0.7 | 4.0 | 1.1 | 19.8 | |||||||||
| (+) Europe | 0.1 | 2.6 | 2.8 | 3.2 | 0.5 | 2.4 | 2.1 | 1.8 | 1.8 | |||||||||
| (+) North America | 3.7 | 9.2 | 0.9 | 11.8 | 14.7 | 14.4 | 28.5 | 22.2 | 8.7 | |||||||||
| 1Q23 | 2Q23 | |||||||||||||||||
| --- | --- | --- | --- | --- | --- | --- | ||||||||||||
| Expansion<br> and Maintenance Capex | Capex<br> (R Million) | %<br> Group<br><br> Revenue | Capex<br> (R Million) | %<br> Group<br><br> Revenue | ||||||||||||||
| Service Expansion | 5.8% | 6.3% | ||||||||||||||||
| RESPONSE | 3.3% | 2.0% | ||||||||||||||||
| Response<br> Brazil | 2.2% | 0.5% | ||||||||||||||||
| Response<br> Latam (Ex. Brazil) | 0.1% | 1.5% | ||||||||||||||||
| Response<br> Europe | 0.0% | 0.0% | ||||||||||||||||
| Response<br> North America | 1.0% | 0.0% | ||||||||||||||||
| Service Maintenance | 6.0% | 4.9% | ||||||||||||||||
| RESPONSE | 2.7% | 1.5% | ||||||||||||||||
| Response<br> Brazil | 1.6% | 0.4% | ||||||||||||||||
| Response<br> Latam (Ex. Brazil) | 0.0% | 0.2% | ||||||||||||||||
| Response<br> Europe | 0.1% | 0.2% | ||||||||||||||||
| Response<br> North America | 0.9% | 0.7% |
All values are in US Dollars.