Bicicletas Monark S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BRL 5.94 million compared to BRL 6.19 million a year ago. Net income was BRL 8.92 million compared to BRL 2.58 million a year ago. Basic earnings per share from continuing operations was BRL 19.61082 compared to BRL 5.66355 a year ago. Diluted earnings per share from continuing operations was BRL 19.61082 compared to BRL 5.66355 a year ago.
For the nine months, revenue was BRL 14.3 million compared to BRL 14.01 million a year ago. Net income was BRL 18.91 million compared to BRL 4.2 million a year ago. Basic earnings per share from continuing operations was BRL 41.57363 compared to BRL 9.22926 a year ago. Diluted earnings per share from continuing operations was BRL 41.57363 compared to BRL 9.22926 a year ago.