Bemobi Mobile Tech (BMOB3) Q2 2026 earnings summary

Executive summary

• Net revenue grew 30% YoY to R$227 million (36% FXN), marking ten consecutive quarters of growth, with Payments and SaaS now comprising nearly 70% of revenue and Payments up 75% YoY.

• Adjusted EBITDA rose 33% YoY to R$79 million, margin expanded to 34.9% (36.8% in 2Q26), and adjusted net income increased 30% YoY.

• TPV reached R$3.9 billion, up 54% YoY, with strong diversification across telecom, utilities, education, healthcare, and new verticals like condominiums.

• Expanded client base with major wins in education (Vitru, FMU), utilities (Aegea), healthcare (Qualicorp, Hapvida), and condominiums (APSA, Apsa).

• Launched innovative payment solutions, including multi-method bill settlement and loyalty points as a payment method.

Financial highlights

• Net revenue grew 30% YoY to R$227.3 million (36% with Paytime), with Payments revenue up 75% YoY and SaaS up 21% YoY.

• Adjusted EBITDA margin reached 34.9% (ex-Paytime), 34.2% consolidated, and 36.8% in 2Q26; adjusted net income margin at 19.9%.

• Gross margin was 73.2% (ex-Paytime), 68.1% consolidated, and 26.9% for 1H26; adjusted gross profit reached R$154.8 million, up 21% YoY.

• Cash conversion rate at 81.5%, with EBITDA less Capex up 44% YoY to R$64.8 million.

• Cash position at R$328 million, supporting M&A and full-year profit distribution.

Outlook and guidance

• Management expects continued growth from payments and SaaS, with sector diversification and new client wins, and plans to maintain 100% net income distribution for 2026.

• Focus remains on expanding vertical execution, deepening relationships with existing clients, and leveraging cash for M&A.

• Continued investment in technology, innovation, and product development to maintain competitive advantage.