Bemobi Mobile Tech (BMOB3) Q1 2026 earnings summary

Executive summary

• Celebrated five years since IPO, tripling net revenue and net income, with a strategic shift to digital payments and SaaS, now representing 70% of revenue.

• Achieved nine consecutive quarters of annual growth, with Payments and SaaS driving expansion and Payments up 41–42% YoY organically.

• Integration of Paytime expanded reach into marketplaces and ecosystems, with ongoing efforts to replicate specialized approaches.

• Product innovation included Apple Pay, Google Pay, and Pix Orchestrator, now with 16 live clients and five major banks.

• Accelerated investment in AI-native payments infrastructure to lead recurring agentic payments in Latin America.

Financial highlights

• Consolidated net revenue grew 35% YoY with Paytime, reaching up to R$482.96 million; organic revenue up 22% neutralizing FX effects.

• Adjusted EBITDA increased 24% organically (32% with Paytime), reaching up to R$74.7 million, with margin expanding to 35% ex-Paytime.

• Adjusted net income up 21% YoY, reaching up to R$37.3 million.

• Operating cash flow conversion improved to 82%, with cash flow up 42% including Paytime and cash position at R$349–350 million.

• Total Payment Volume (TPV) grew 34% YoY organically to R$3.2 billion, and 48% YoY including Paytime to R$3.5 billion.

Outlook and guidance

• Focused on expanding Payments and SaaS, leveraging vertical strategy and new client acquisitions.

• Continued investment in AI-driven payment solutions and infrastructure, with anticipated revenue impact from new products in 2026–2027.

• Commitment to distribute 100% of net income for fiscal year 2026.

• Expectation to apply Bemobi's playbook to Paytime, aiming for margin convergence over time.

• Confident in maintaining operating leverage and expanding in underpenetrated client segments.