Romi (ROMI3) Q2 2025 earnings summary

Executive summary

• Achieved consistent results in 2Q25, with strong operational indicators and robust order backlog of R$ 866.9 million, up 30.8% year-over-year, despite a challenging economic environment.

• Order intake grew, especially in B+W Machine Tools, with a 37.9% increase in backlog year-over-year; machine rental and fintech businesses contributed to diversification and value creation.

• Machine rental business consolidated, with 107 units rented in Q2 2025, up 9.2% year-over-year, offering clients flexible alternatives.

• Investments in technology, connectivity, AI, and team development remain a priority to drive sustainable results.

• Released the 2024 ESG Report, reinforcing commitment to ESG practices and sustainability.

Financial highlights

• Net operating revenue for 2Q25 was R$ 316.1 million, up 7.1% year-over-year.

• Adjusted EBITDA for 2Q25 was R$ 27.7 million, with an 8.8% margin.

• Order entry totaled R$ 333.2 million, a 3.8% increase year-over-year.

• Gross margin for 2Q25 was 27.4%, a decrease of 1.2 p.p. from 2Q24.

• Adjusted net income for 2Q25 was R$ 15.6 million, down 37.2% year-over-year; net margin was 4.9%.

Outlook and guidance

• Management expects gradual demand recovery in the second half of 2025, especially in the agricultural segment, with continued focus on innovation and operational excellence.

• Positive operational outlook for the next quarters, supported by a robust backlog and diversified demand.

• Forward-looking statements are subject to risks and uncertainties, with future results potentially differing materially from projections.