Financial Data

Growing in number of employees, revenues and profits since its start-up, with outstanding EBITDA and net margins, AES Com affords the competition in telecommunications services and grants a world-class quality of service to end users in this developing market.

AES Com invested in designing and installing a metropolitan network with over 7,000 SDH and Ethernet circuits. The company also invested in building a world-class Network Operation Center (NOC) for the supervision and control of this network. AES Com has invested in Brazil over R$ 124 million, corresponding to US$ 55 million.

Revenues and profits systematically increase year by year from the beginning of our operation. During the last 5 years, net revenues jumped from R$ 21.6 (US$ 7.4) million in 2002 to R$ 26.9 (US$ 8.8) million in 2003, R$ 35.5 (US$ 12.1) in 2004, R$ 46.1 (US$ 18.9) in 2005, R$ 54.7 (US$ 25.1) in 2006 and e R$ 62.5 (US$ 32.3) million in 2007.

In the same direction, net income raised from a loss of R$ 0.4 million (US$ 0.1) million in 2002 to profits of R$ 0.1 (U$ 0.04) million in 2003, R$ 4.9 (US$ 1.7) in 2004, R$ 12.0 (US$ 4.9) in 2005, R$ 17.7 (U$ 8.2) in 2006 and R$ 23.6 (US$ 12.3) million in 2007. The wholesale business represents 95% of our net revenues.

The company is audited by independent auditors in Brazilian and in US GAAP. Income statements and balances are verified and published accordingly in Brazilian GAAP.

Currently, in 2008, our business is running with an EBITDA margin of 65,5% and a net profit margin of 37%, certainly one of the highest margins in telecommunications market in Latin America and, probably, in the world.

Read the 2007 administrative report (PDF - Portuguese).