Betterware de Mexico, S.A.P.I. de C.V. (BWMX) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Welcome to BEFRA's second quarter 2025 earnings conference call. Speaking on today's call are BEFRA's president and chief executive officer, Andres Campos, and chief financial officer, Rodrigo Munoz. Before we begin, the company would like to remind participants that this call may contain forward-looking statements, which are subject to various risks and uncertainties that could cause actual results to differ materially than expectations. Please consider these statements alongside the questionary language and safe harbor statement in today's earnings release, as well as the risk factors outlined in BEFRA's SEC filings. BEFRA undertakes no obligation to update any forward-looking statement. A reconciliation of and other information regarding non-GAAP financial measures discussed on the call can also be found in the earnings release as well as in the investor relations section of the company's website. I would now turn the call over to BEFRA's president and CEO, Andres Campos. Please proceed, Mr. Campos. Thank you, operator, and good afternoon, everyone. I'm pleased to share our results for the second quarter of 2025, a quarter that highlights the resilience and agility of our business. Following a challenging first quarter, we return to top-line and EBITDA growth, along with a strong quarter-over-quarter rebound and a positive free cash flow generation. These results are a clear signal of our ability to effectively navigate economic uncertainty, respond with agility, and build momentum across our businesses towards our long-term goals. PEPFAR's consolidated revenue grew 5.1% year over year and 1.8% quarter on quarter, driven by all of our business units. Importantly, we expanded our associate base from 1.12 million at the end of Q1 2025 to 1.13 million by t...