LPS Brasil - Consultoria de Imóveis (LPSB3) investor relations material

Executive summary

• High interest rates and macro uncertainty lengthened homebuyers’ decision cycles and pressured transaction activity, particularly among middle- and upper-middle-income buyers.

• Q3 launches totaled R$6.4bn, up 4% YoY, while brokered transactions were R$2.3bn, down 34%; CrediPronto originations rose 70% to R$1.7bn.

• Management is prioritizing cost discipline, operating efficiency and financial soundness to restore profitability.

Financial highlights

• Q3 net revenue was R$50.8m, down 1% YoY; 9M revenue was R$154.6m, up 2%.

• Q3 EBITDA was R$10.8m, down 53% YoY; 9M EBITDA was R$39.5m, down 29%.

• Consolidated net income before IFRS was R$4.3m in Q3, down 75% YoY, and R$20.8m in 9M, down 45%; controlling-shareholder amounts were R$3.3m and R$13.3m, respectively.

• After IFRS, consolidated net income was R$7.6m in Q3 and R$19.3m in 9M; 9M controlling-shareholder profit was R$12.0m.

• Gross revenue was R$56.5m in Q3, down 1% YoY; intermediation revenue fell 29% to R$20.8m, while CrediPronto revenue rose 38% to R$29.0m.

Outlook and guidance

• Management aims to restore profitability through cost optimization, operating-efficiency gains, disciplined capital allocation and preservation of financial soundness.

• CrediPronto’s portfolio exceeded R$21bn in Q3; management indicated it could surpass R$22bn during 2026.