Betterware De Mexico, S.a.p.i. De C.v. · NYSE:BWMX
Betterware De Mexico, S.a.p.i. De C.v — BeFra — Q1 2025 Earnings Presentation
9 slides from Betterware De Mexico, S.a.p.i. De C.v's earnings presentation, April 2025
Slide 1: Q1 2025 Earnings Results
BeFra QI] 2025 Earnings Results April 2025
Slide 2: Q1 2025 Highlights: BeFra Group
Q1 2025 Highlights: BeFra Group Net revenue decreased 2.9%, driven by a decline in sales on Betterware Mexico of 9.8% and softer than expected, yet positive growth in Jafra Mexico of 1.1%, tempered by weak consumer spending amid macroeconomic uncertainty. Gross Margin declined 353 basis points mainl
Slide 3: Q1 2025 Highlights: Betterware México
Q1 2025 Highlights: Betterware México Betterware Mexico revenues declined 9.8%, the first decline since Q3 2023, as the challenging macroeconomic landscape softened demand and consumption in Mexico. Distributors and Associates base declined 6.0% and 10.4% respectively, mainly due to the impact on de
Slide 4: Highlights: Jafra México
Q1 2025 Highligh Jafra México Net revenues increased 1.1% in the quarter, despite to microeconomic landscape with volume-p driven promotions. Gross margin declined 398 basis points primarily due to the investment in volume- initiatives and a shift toward low iced EBITDA decreased 25.2%, in line with
Slide 5: Highlights: Jafra US
Q1 2025 Highlights: Jafra US Net revenues decreased 4.7% in USD, offsetting challenges early in the quarter due to policy uncertainty in the US and disruption of operations of Shopify+ which has stabilized. Gross Margin declined slightly, reflecting promotional and operational cost impacts, but mana
Slide 6: Consolidated Financial Performance Q1 2025
B Consolidated Financial Performance QI2025 ?- Q1 2025 Net Revenue ('000) Gross Margin EBITDA ('000) EBITDA Margin $3, 29% 500 Lar Si; 200% L aide S5B6 15.3% Q1 2024 QI) 2025 Q) 2024 QI) 2025 QI 2024 Q1 2025 Q1 2024 QI) 2025 Key Highlights: Net Revenue EBITDA * Net revenue decreased driven by a decl
Slide 7: Consolidated Financial Performance Q1 2025: Balance Sheet and Free Cash Flow
B Consolidated Financial Performance Q]I12025 ?- Balance Sheet Inventories (000) Net Debt to EBITDA . . . * Balance Sheet. Despite volatility and lower consumption, our 135.2% 6% $2,530 2.08 Balance Sheet remains resilient to challenging conditions. 178 $1,872 Q) 2024 Q1 2025 Q) 2024 QI). 2025 Free
Slide 8: Consolidated Financial Performance Q1 2025: Guidance and Capital Allocation
Consolidated Financial Performance Q1 2025 Looking ahead, management maintains its 2025 financial guidance and is closely monitoring how economic and market conditions evolve in Mexico and the U.S. in the coming months. Although BeFra remains well-positioned to reach high single-digit growth in net
Slide 9: BeFra
BeFra