Meliuz Sa · BMFBOVESPA:CASH3
Meliuz Sa — Q2 2024 Earnings Presentation
12 slides from Meliuz Sa's earnings presentation, Aug 9, 2024
Slide 1: 2Q24 Earnings Presentation
2Q24 Earnings Presentation August 9, 2024
Slide 2: Solid operating results with growth in revenue and EBITDA margin
Solid operating results with growth in revenue and EBITDA margin Shopping Brazil net revenue Consolidated net revenue (R$ million) (R$ million) Méliuz | 2Q24 Results Presentation Parent company adjusted Consolidated adjusted EBITDA ¹ EBITDA ¹ (R$ million) (R$ million) 21.9% 17.3% 2Q24 adjusted 2Q24
Slide 3: In the LTM view, our consistent and continuous operational improvement is evident
In the LTM view, our consistent and continuous operational improvement is evident LTM adjusted EBITDA LTM adjusted EBITDA ¹ (R$ million) (R$ million) Parent company Consolidated Méliuz | 2Q24 Results Presentation 3 ¹ LTM adjusted EBITDA = Last twelve months EBITDA excluding extraordinary items
Slide 4: Tight control of the company's costs and expenses
In line with our pillars for the year, we continued to keep a tight hand on the wheel when it came to controlling the company's costs and expenses Consolidated operating expenses LTM consolidated operating expenses (Excluding extraordinary items) (Excluding extraordinary items) (R$ million) (R$ mill
Slide 5: Adjusted consolidated net income
Adjusted consolidated net income (R$ million) We achieved a adjusted net profit of R$ 22 million with a adjusted net margin of 25.1% in the 25.1% consolidated, 2Q24 adjusted net margin representing an increase of 2.0 p.p. against the Méliuz | 2Q24 Results Presentation previous quarter's margin 2Q24 n
Slide 6: We continue generating cash from operations, remaining in a robust position
We continue generating cash from operations, remaining in a robust position even after the capital reduction Consolidated cash, cash equivalents and securities (R$ million) Méliuz | 2Q24 Results Presentation Mar/24 cash, Capital Earn-out Financial Results of Jun/24 cash, Capital Cash, cash cash equi
Slide 7: Capital reduction schedule
Capital reduction schedule: In June, a capital reduction of R$ 220 million was approved at the EGM 5/13/2024 6/28/2024 7/03/2024 9/01/2024 9/02/2024 9/03/2024 9/13/2024 Board approval for Approval at EGM of the Start of the 60-day period End of the 60-day Capital reduction Capital reduction Capital
Slide 8: Improvement in revenue and margin at Shopping Brasil continues
The improvement in revenue and margin at Shopping Brasil continues to be one of the main drivers of the company's results GMV Take rate and net take New buyers Net revenue Shopping Brazil rate Shopping Brazil Shopping Brazil (R$ million) Shopping Brazil (R$ million) (%) Méliuz | 2Q24 Results Present
Slide 9: The financial services vertical continues to grow
The financial services vertical continues to grow, generating engagement and becoming an engine for generating results Open digital accounts ¹ Credit cards issued Financial services net revenue (Accumulated - # thousand) (Accumulated - # thousand) (R$ million) Méliuz | 2Q24 Results Presentation 9 ¹ P
Slide 10: Rollout of new financial services feature: Cofrinho Méliuz
In August we'll start the rollout of the new financial services feature: Cofrinho Méliuz Invest in CDB securities in a simplified and customized way Higher engagement in the use of the account Increase in direct and indirect revenue Méliuz | 2Q24 Results Presentation Cross-sell with other products in
Slide 11: We remain on track with our macro objectives for 2024
We remain on track with our 4 macro objectives for 2024 Pillars for 2024 Growth of Innovation in Ramp-up of Operational Shopping Brasil Core Business Financial Services Efficiency Méliuz | 2Q24 Results Presentation Increase in revenue Launch of new products Acceleration of account Maintenance of with
Slide 12: ri.meliuz.com.br ri@meliuz.com.br
ri.meliuz.com.br ri@meliuz.com.br