Nvni Group (NVNI) investor relations material

Company overview and business model

• Operates as a holding company acquiring and managing B2B SaaS businesses in Brazil and Latin America, focusing on recurring revenue and positive cash generation.

• Employs a decentralized management model, allowing acquired companies to retain autonomy while benefiting from shared back-office support and strategic guidance.

• Core strategy includes organic growth, cross-selling, and ongoing M&A, with a robust pipeline of over 100 target companies.

• Recent acquisitions include Effecti, Leadlovers, Ipê Digital, Datahub, OnClick, Mercos, Munddi, and a pending acquisition of MK Solutions.

Financial performance and metrics

• Net operating revenue for H1 2025 increased 6.5% year-over-year to R$98.2 million, driven by SaaS subscriptions and data analytics services.

• Gross margin expanded to 63.1% due to infrastructure optimization and higher-margin revenue mix.

• Adjusted EBITDA margin was 18.5% for H1 2025, down from 28.7% in H1 2024, impacted by a one-time deconsolidation charge.

• Net loss for H1 2025 was R$57.3 million, primarily due to the Smart NX deconsolidation charge.

• MK Solutions, the latest acquisition, reported net income of R$15.9 million on R$31.7 million revenue for 2024.

Use of proceeds and capital allocation

• No proceeds will be received from the resale of shares by the selling shareholder; conversions of notes are expected to be settled in ordinary shares.

• Capital allocation focuses on funding acquisitions, supporting organic growth, and managing deferred and contingent consideration obligations.