Semantix, Inc.

Good morning, everyone, and welcome to the Semantics Third Quarter 2022 Earnings Conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. As a reminder, this call may be recorded. I would now like to turn the call over to Adriano Alcalde, Semantics Chief Financial Officer and Head of Investor Relations. Please go ahead.

Thank you. Good morning, everyone, and thanks for joining our third quarter 2022 earnings conference call. Joining me on the call today are Leonardo Santos, our CEO, founder and chairman, and Andrés Federico, our general manager of Latam. By now, everyone should have access to our earnings announcement. This announcement is also on our investor relations website. During this call, will make forward-looking statements, including statements about our business outlook, strategies, and long-term goals. These comments are based on our plans, predictions, and expectations as of today, which may change over time. Our actual results could differ materially due to the number of risks and uncertainties, including the risk factors outlined in our 20F that will be filed with the SEC. Also during this call, we will discuss certain non-GAAP financial measures. These non-GAAP measures are not intended to be a substitute for our GAAP results. Please refer to our earnings release on our investor relations website for a reconciliation of GAAP to non-GAAP financial measures, as well as additional context on our key operating metrics. And finally, this call in its entirety is being webcast from our Investor Relations website at ir.semantics.ai. And an audio replay will be available on our website in a few hours. With that, I would like to turn the call over to Leo. Leo, good morning.

Thank you, everyone, for joining us today. I'm happy to report that Semantic has achieved its highest quarterly revenue in the company history. The 30 quarters sales reached 81 million and our sales pipeline remains healthy. Additionally, we saw a material increase in our gross margin in the 30 quarters when compared to the first half of 2022. As Adriana will comment on in a few moments. In addition to our strong results, we are very pleased with what we have achieved in the short time since our public election at the beginning of August. This includes improving our operation focus across how we build and how we go to market, building a momentum in driven increased revenue mix of our proprietary SaaS offering, driven increased operation leverage in the model adding key highs and closing the acquisition of the data. And with the arduous and complex journey to public market now fully behind us, we have shifted our attention to our singular focus, stable and consistent execution. As a data analytics category leader in Latin America, we believe we have a substantial opportunity to leverage our low-code, low-touch, and cost-efficient approach towards helping organizations develop their data analytics and AI journey. And we believe we are well-positioned to accelerate growth in the other regions. At the core of Semansky's strategy is the Semansky Data Platform, a proprietary, high-scalable, end-to-end data and AI platform which enable enterprises to extract value from data in a time-efficient way without having to hide a large and expensive team of experts. Moreover, our platform offers compelling returns of investment related to a multi-vendor approach. We remind, focus on enhancing and evolving our offering and we made further progress in the quarter. We added several new ready-to-use AI algorithms and data connectors. We also enabled customers to use Python on data transformation routines in the platform. We have also enhanced the platform design and the user experience. And I'm also pleased to announce that we instantly Heidi José Pisani to lead product development and innovation. José brings deep technical experience, having founded three companies and lead IT department at one of the most relevant online retail platforms in Brazil. We are also making progress to improve our go-to-market motion in support of our growth ambitions widely and also focus on improving sale efficiency. This involves basically such a driven increased operation focus and rigor across the go-to-market organization. But it also involved broader initiatives such as improved integration between market and sales, with also building of partner relationships. And as always, the core focus of the entire go-to-market organization and to continue to drive rapidly up the uptake of our proprietary SaaS and to grow ARR. There is much more to do on the go-to-market front, but I'm pleased with the momentum we have been building. To support how you deliver our innovation, We have made a key hire in Fabio Marcolini, who will be responsible for product implementation and delivery. Fabio brings extensive experience in the large enterprise IT environment, which includes many of Brazil's largest banks, such as Itaú and Extend. I'm also pleased to report that we made fast progress integrating Zeta during the quarter. We acquired it at the end of August to accelerate our ability to serve to the healthcare industry. With Zeta, we have grown our addressable market and are in a great position to drive a broad range of digital transformation initiatives with our data and AI platform. Healthcare is a massive greenfield opportunity for us and the need for data management and data governance improving in reaching a tipping point as increased regulation and high cost continue to challenge the healthcare industry. We have hit a ground running with Zeta and I'm looking forward to updating you on our progress in the future quarter. As we're looking toward the end of the year and at 2023, I remain confident our growth strategy and our opportunity to build a world-class data analytics business. At the same time, we are mindful of the increasing macroeconomics and certainly being felt across the tech industry and the broader global economy. we have seen some indications that customers are taking a more conservative posture with respect to investment. We continue to see healthy demand for our products. We believe that data and AI remain highly priority areas of investment and are critical to digital transformation initiatives. In fact, our solution allows our customers to increase productivity and save costs by managing their business more efficiently. We will continue to monitor the situation, both international market as well as Brazil, where economic indicators remain generally healthy. In summary, I'm very happy with the results we achieved in this quarter. Operational initiatives we are driving across the company and focusing force on our core business will allow us to more efficiently and more effectively accelerate our ability to solve complex data problems for our customers. And I'm confident that the best of Semantic is yet to come. With that, I would like to turn the call over to André Federico. our general manager for Latin America, to talk about our go-to-market motion and residency customers' wins, demonstrating the value our platform brings to the market.