Bemobi Mobile Tech (BMOB3) Q3 2025 earnings summary

Executive summary

• Achieved accelerated revenue growth of 22% year-over-year in Q3 2025, led by Payments (+40% YoY) and SaaS (+16% YoY), with all business lines posting double-digit expansion and entry into new sectors such as health (Hapvida) and ISP (Vero).

• Launched innovative products including smart checkout and Pix orchestrator, reinforcing leadership in recurring payments and expanding into England and Spain.

• Added major enterprise and medium-sized clients, expanding the client base to 1,612 active clients, including 162 enterprise clients.

• Continued digitalization of payments for key sectors such as telecommunications, utilities, education, and insurance.

Financial highlights

• Net revenue reached R$187.5 million in Q3 2025, up 22% YoY, with Payments and SaaS as main drivers; TPV up 38% YoY to R$2.9 billion.

• Adjusted EBITDA grew 24% YoY to nearly R$63 million, with margin expanding to 33.4%.

• Adjusted net income (ex-swap) increased 57% YoY to R$41 million.

• Operating cash flow rose 28% YoY to R$47.5 million, with a cash conversion ratio of about 76%.

• Gross margin expanded by 3.6 percentage points to 73.8% in Q3 2025.

Outlook and guidance

• Payments and SaaS expected to drive 80-90% of future growth, with continued expansion in Brazil and international markets.

• Minimum net income guidance for FY2025 set at R$100 million, supporting robust dividend policy.

• Anticipate positive impact from new contracts, such as Hapvida, by late Q1 or H1 2026.

• Focus on innovation and M&A opportunities for further growth.