Dotz (DOTZ3) investor relations material

Executive summary

• Q2 profitability strengthened, with gross profit of R$82.3 million, EBITDA of R$48.7 million and net income of R$23.3 million; Techfin credit growth and the shift to FIDC 3 supported results.

• Strategic priorities included disciplined, sustainable Techfin growth, loyalty consolidation, ecosystem investment and operational efficiency.

Financial highlights

• Q2 gross profit rose 86% YoY to R$82.3 million; EBITDA was R$48.7 million and net income R$23.3 million, up R$21.3 million YoY.

• H1 gross profit reached R$145.1 million, up 83% YoY; EBITDA was R$80.5 million, up R$54.1 million, and net income was R$30.2 million, up R$29.2 million.

• SG&A was R$33.6 million in Q2 and R$64.6 million in H1; expense rationalization and cost control remained priorities.

• H1 operating cash flow was negative R$196.5 million, primarily reflecting a R$292.3 million increase in receivables; financing cash flow was positive R$207.7 million, including R$220.7 million from FIDC obligations.

Outlook and guidance

• Priorities include profitable Techfin growth, loyalty and SuperApp ecosystem development, operational efficiency and disciplined credit-cycle management; no numerical forward guidance was stated.

• Management expects revenue and PDD timing to become more aligned as the FIDC 3 portfolio matures, with provisioning impacts stabilizing over time.