Bemobi Mobile Tech (BMOB3) investor relations material

Executive summary

• Achieved 19% year-over-year revenue growth in 2Q25, with all business lines posting double-digit increases; Payments and Microfinance led with 26% and 27% growth, respectively.

• Payments TPV rose 29% year-over-year to R$2.5 billion, now representing 36.5% of total revenue, driven by new initiatives and client ramp-ups.

• Adjusted EBITDA increased 24% year-over-year to R$60M, with margin expanding to 34.2% due to operational leverage.

• Operational cash flow grew 27% year-over-year to R$45M, maintaining a cash conversion rate above 75%, and ending with a cash position of ~R$490M.

• Launched "Grace," an AI-powered conversational payments product, and secured Sabesp as a major sanitation client, entering the segment with a full digital suite.

Financial highlights

• Net revenues reached R$175.1M in 2Q25, up 19% year-over-year, with all business lines showing double-digit growth.

• Gross profit increased 21% year-over-year, with gross margin expanding to 73.2% in 2Q25.

• Adjusted EBITDA margin improved to 34.2% in 2Q25.

• Adjusted net income (ex-swap) declined 16% year-over-year due to tax and FX effects.

• Operational cash flow up 27% year-over-year, supported by disciplined capex and strong business performance.

Outlook and guidance

• Management expects continued accelerated growth, supported by AI initiatives, new payment methods, and expansion into new industries and geographies.

• 2025 dividend policy targets a minimum net income of R$100M, with R$30M Interest on Equity approved for August and potential for more aggressive payouts.

• As of 2Q25, 64.4% of the minimum net income guidance has been achieved.

• Margins may see slight pressure due to investments in growth and infrastructure, but growth is expected to remain sustainable.