Infracommerce CXaaS (IFCM3) investor relations material

Executive summary

• Q2 net revenue rose 8.6% QoQ, breaking the contraction trend, while adjusted EBITDA less capex and rentals returned to positive BRL 3.5 million from negative BRL 6.9 million in Q1.

• Portfolio cleanup, cost controls and operating consolidation established a more efficient base for profitable scaling.

• 16 new brands entered the ecosystem, with implementations handled on the existing operating base.

Financial highlights

• Net revenue was BRL 149.6 million, up 8.6% QoQ and down 17.8% YoY; gross profit was BRL 28.3 million, with an 18.9% gross margin.

• Reported EBITDA was BRL 14.6 million, with a 9.8% margin; adjusted EBITDA less capex, receivables-advance expenses and rents was positive BRL 3.5 million.

• Net loss was BRL 23.6 million, narrowing from BRL 61.4 million in Q2 2025; BRL 21.0 million of financial expense related to convertible instruments and notes.

• Total costs and expenses excluding impairment fell 17.1% YoY to BRL 155.1 million; commercial and administrative expenses declined 19.8% to BRL 45.0 million.

• H1 net revenue was BRL 287.5 million versus BRL 366.5 million YoY; reported EBITDA was BRL 14.5 million versus BRL 26.8 million.

Outlook and guidance

• H2 priorities include applying automation and AI to improve margins, accelerating strategic-account growth and regional client integration, and strengthening liquidity and working capital.

• Growth is intended to resume without a corresponding increase in operating structure; new-business implementation typically takes 6–9 months.

• A pipeline of contracts could generate BRL 50 million in recurring annual revenue, with prospective revenue impact in 2027 and an 8–12-month pipeline horizon.

• July assignment of judicial credit rights generated BRL 20.0 million, subject to contractual conditions and retentions.