This work presents the case study of Nexxera Tecnologia e Serviços S.A. Its purpose is to evaluate if this technology-based company (TBC) shows innovation capability regarding a sustainable competitive advantage. Departing from the accepted theory of TBC, innovation and resource-based view (RBV), the company analysis was developed. The data and information were collected from bibliographic and documental research, as by personal interviews with the company owners and managers. A way for the analysis is presented and should be tested for other TBC.