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2019 Annual Report

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Linx S.A. is a leading cloud-based technology company in Latin America and a market leader in Brazil in terms of revenue, in the management software segment. They are focused on developing and providing affordable, easy-to-use, reliable and seamlessly integrated software solutions to retailers in Latin America, through their software-as-a-service, or SaaS, business model. During 2019, their subscription revenue accounted for 84.3%, or R$762.6 million, of their gross operating revenue, an increase of 15.4% over 2018 in reais. With a comprehensive offering of solutions, they 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.