July 15, 2025
Share price at 7/14/2025
ROMI3 - R$ 9.16 per share
Market value
R$ 853.4 million
USD$ 153.51 million
Number of shares
Common: 93,170,747
Free float = 50.8%
Earnings Conference Call
Simultaneous translation (Portuguese - English)
July 16, 2025 - 11:00 a.m. (São Paulo)
| 3:00 p.m. (London) | 10:00 a.m. (New York)
Click here to access the conference call
Zoom ID 865 8674 1730
+55 11 4680 6788
Summary
Sumary 2
Message from Managment 3
Highlights 4
Other Highlights 4
Corporate Profile 6
Current Economic Scenario 7
Industrial Entrepreneur Confidence Index - ICEI 7
Average Installed Capacity Utilization (UCI) 8
Market 9
Order Intake 9
Order Backlog 10
Net Operating Revenue by Business Unit 10
Machines BURKHARDT+WEBER 11
Net Operating Revenue per Geographical Region 11
EBITDA and EBITDA Margin 13
Adjusted Profit for the Period 13
Evolution of Net Cash (Debt) Position 14
Financial Position 15
Capital Markets 16
Consolidated Balance Sheet 17
Consolidatede Income Statement 18
Consolidated Cash Flow Statement 19
Attachment I - Income Statement by Business Unit 20
Attachment II - Financial Statements of B+W 22
Message from Management
We concluded the second half of 2025 with consistent results and progress in our main operational indicators, reinforcing the resilience of our business model even in the face of a challenging economic environment. Consolidated order intake showed growth, driven mainly by the performance of the B+W Machine Tools business units, whose order backlog reached R$ 455.9 million at the end of 2Q25, representing a significant increase of 37.9% compared to the same period in 2024.
Our strategy of diversifying solutions, with an emphasis on the machine rental business and the fintech PRODZ, has proven to be effective and increasingly relevant in shaping our results. In 2Q25, 107 new machines were rented, representing a 9.2% increase over 2Q24, consolidating this front as an important pillar of value creation for our customers.
The solid order backlog, combined with operational efficiency initiatives and our diversified solution offering, has resulted in strong margins for the Romi Machine Tools business unit, which reached an adjusted operating margin of 17.9%, an increase of 2.6 percentage points compared to the same period last year.
In Germany, our B+W operation successfully delivered the scheduled projects in 2Q25. In the first half of 2025, the total volume of new orders reached R$ 182.9 million, leading to an order backlog of R$ 455.9 million, to be delivered in 2025, 2026, and 2027. This performance reinforces the effectiveness of our approach focused on high-complexity, customized technological solutions, strengthening our position in the international market.
The Cast and Machined Parts Unit continues to face challenges related to demand in the wind power and automotive sectors. Nevertheless, we remain focused on the gradual recovery of productivity, supported by process review initiatives and the development of higher value-added solutions. We believe in a gradual demand recovery in the second half of the year, particularly in the agricultural segment.
Our robust order backlog, which reached R$ 866.9 million at the end of 2Q25 (a 30.8% increase compared to 2Q24), is a direct reflection of our customers' trust and the consistency of our deliveries. We remain committed to contributing robust, technological solutions to the industry's challenges, with a focus on innovation, agility, and operational excellence.
We are confident that our competitive advantages and our ongoing pursuit of excellence will enable us to maintain a sustainable business pace. We continue to invest in innovation, digital technologies, and in the development of our team, fully aware that ROMI's success is directly linked to the success of our customers, employees, and partners.
Fábio B. Taiar - Investor Relations Officer
+55 (19) 3455-9418 | dri@romi.com
Investor Relations - Contact
Santa Bárbara d'Oeste - São Paulo, July 15, 2025
ROMI S.A. ("ROMI" or "Company") (B3: ROMI3), domestic market leader in the Machine Tools and Plastic Processing Machines markets, as well as an important producer of Rough and Machined Cast Iron Parts, announces its results for the second quarter of 2025 ("2Q25"). Except where otherwise stated, ROMI's operating and financial information is presented on a consolidated basis, in accordance with the International Financial Reporting Standards (IFRS).
Statements contained in this release related to ROMI's business outlook, projections of operating and financial results and references to the Company's growth potential are mere forecasts and have been based on Management's expectations regarding its future performance. These expectations are highly dependent upon market behavior, the economic situation in Brazil, the industry and international markets. Therefore, they are subject to changes.
Luiz Cassiano Rando Rosolen - Chief Executive Officer
Highlights
Consolidated order backlog reached R$866.9 million at the end of 2Q25, growth of 30.8% and 6.0% when compared to 2Q24 and 1Q25, respectively
Adjusted EBITDA R$ 27.7 million
margin of 8.8%
Order intake in 2Q25 reached R$333.2 million, an increase of 3.8% over 2Q24, with emphasis on the B+W Machines business unit.
Order Backlog R$866.9 million
+ 30.8% compared to 2Q24
At B+W Machines Unit, order intake in the first half of 2025 increased by 368.1% compared to the same period in 2024. The order backlog reached R$455.9 million, an increase of 37.9% compared to the same period in 2024.
Order Intake R$333.2 million
+ 3.8% compared to 2Q24
In 2Q25, 107 new machines were rented (98 machines in 2Q24), growth of 9.2%, when compared to the same period in 2024, demonstrating the consolidation of this new business;
Consolidated net operating revenue in 2Q25 reached R$316.1 million, 7.1% higher than in 2Q24.
The ROMI Machines Unit posted a 2.6 p.p. increase in
operating margin adjusted compared to 2Q24.
Other Highlights
On June 10, 2025, the Company's Board of Directors approved the payment of interest on capital in the gross amount of R$ 16.8 million (equivalent to R$ 0.18 per share), to be made on October 23, 2025.
During the week of May 6, the EXPOMAFE Brazil took place, where ROMI participated, showcasing new technologies to the market.
The Company released its ESG Report, to share socio-environmental and corporate governance practices, highlighting ROMI's lasting commitment to sustainability and corporate responsibility.
R$'000 2Q24 1Q25 2Q25 Chg.
Chg.
Acumulated
1H24 1H25 Chg.
Revenue
2Q25/1Q25 2Q25/2Q24
1H25/1H24
ROMI Machines (units) | 298 | 180 | 257 | 42.8% | -13.8% |
Burkhardt+Weber (units) | 1 | 4 | 4 | 0.0% | 300.0% |
Rough and Machined Cast Iron Parts (tons) | 2,473 | 2,351 | 2,579 | 9.7% | 4.3% |
Net Operating Revenue | 295,199 | 273,095 | 316,095 | 15.7% | 7.1% |
Gross margin (%) | 28.6% | 24.4% | 27.4% | ||
Operating Income (EBIT) | 24,189 | 1,406 | 11,223 | 698.2% | -53.6% |
Operating margin (%) | 8.2% | 0.5% | 3.6% | ||
Operating Income (EBIT) - adjusted (*) | 17,843 | 1,130 | 10,451 | 824.5% | -41.4% |
Operating margin (%) - adjusted (*) | 6.0% | 0.4% | 3.3% | ||
Net Income | 31,018 | 10,088 | 16,374 | 62.3% | -47.2% |
Net margin (%) | 10.5% | 3.7% | 5.2% | ||
Net Income - adjusted (*) | 24,869 | 9,819 | 15,620 | 59.1% | -37.2% |
Net margin (%) - adjusted (*) | 8.4% | 3.6% | 4.9% | ||
39,614 | 18,247 | 28,510 | 56.2% | -28.0% | |
EBITDA margin (%) | 13.4% | 6.7% | 9.0% | ||
EBITDA - adjusted (*) | 33,268 | 17,971 | 27,738 | 54.3% | -16.6% |
EBITDA margin (%) - adjusted (*) | 11.3% | 6.6% | 8.8% | ||
Investments ( **) | 40,551 | 38,570 | 47,361 | 22.8% | 16.8% |
466 | 437 | -6.2% |
2 | 8 | 300.0% |
4,621 | 4,930 | 6.7% |
503,713 | 589,190 | 17.0% |
28.8% | 26.0% | |
37,393 | 12,629 | -66.2% |
7.4% | 2.1% | |
21,941 | 11,581 | -47.2% |
4.4% | 2.0% | |
48,999 | 26,462 | -46.0% |
9.7% | 4.5% | |
34,029 | 25,439 | -25.2% |
6.8% | 4.3% | |
66,931 | 46,757 | -30.1% |
13.3% | 7.9% | |
51,479 | 45,709 | -11.2% |
10.2% | 7.8% | |
69,866 | 85,932 | 23.0% |
(*) 2Q24, 1Q25 and 2Q25: EBIT and EBITDA are adjusted by the amounts of R$6,346, R$276 and R$772, respectively; and profit by the amounts of R$6,149, R$269 and R$754, respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on Avenida JK, and the recognition of present value adjustments.
1H24: EBIT and EBITDA are adjusted by the amount of R$15,452; and profit by the amount of R$14,970, related to the recognition of the impacts of the Vila ROMI Residence project.
1H25: EBIT and EBITDA are adjusted by the amount of R$1,048; and profit by the amount of R$1,023, related to the recognition of the impacts of the Vila ROMI Residence project.
(**) Of the investments made in 2Q24, 1Q25 and 2Q25, the amounts of R$34.6 million, R$31.3 million and R$35.3 million, respectively, refer to the machines manufactured by the Company that were allocated to the machine rental business. In the accumulated of the first half of 2024 and 2025, R$58.8 million and R$66.5 million were invested, respectively.
Corporate Profile
Founded in 1930, ROMI is a leader in the Brazilian market for industrial machines and equipment, and a key manufacturer of cast and machined parts.
Notably, ROMI is publicly listed on the B3 exchange's prestigious "New Market" segment, which is dedicated to companies with a strong commitment to corporate governance. Specializing in an extensive range of machine tools, ROMI manufactures Conventional Lathes, Computerized Numerical Control (CNC) Lathes, Lathing Centers, Machining Centers, Vertical and Horizontal Heavy and Extra-Heavy Lathes, and Drilling Mills. Additionally, ROMI manufactures Plastic Injection and Blow Molding Machines, as well as ductile or CDI gray cast iron parts, both raw and machined. A distinguishing feature of ROMI's products and services lies in its incorporation of Industry 4.0 technologies across its products and services. These advanced capabilities facilitate the intelligent utilization of data generated by ROMI equipment. The data can be processed internally through built-in artificial intelligence or transmitted via networks (connectivity) to a central analysis site. These high-quality equipment and solutions are globally distributed and widely adopted across various industrial sectors. Industries such as agricultural machinery, capital goods, consumer goods, packaging, tooling, hydraulic equipment, sanitation, automotive, and wind energy rely on ROMI's machinery for their operations.
ROMI operates a network of thirteen manufacturing units. These units encompass four facilities dedicated to the final assembly of industrial machinery, two foundries, four units for machining mechanical components, two units for manufacturing steel sheet components, and one unit for the assembly of electronic panels. While eleven units are based in Brazil, two are located in Germany. The Company's production capacity amounts to approximately 2,900 industrial machines and 50,000 metric tons of castings per year.
Current Economic Scenario
In July 2025, the Entrepreneur Confidence Index (ICEI) in the industrial sector remained below the 50-point threshold for six consecutive months, reaching 47.3 points. This result reflects the uncertainties in the economic scenario and the prospect of maintenance of high interest rates in Brazil, indicating a neutral confidence level among entrepreneurs from the industrial sector. On the other hand, the industrial activity continues at high levels, as can be seen in the CNI - UCI chart below, demonstrating that Brazil remains competitive.
The external context remains a point of concern due to growth difficulties in major global economies, adjustments in monetary policies, the recent uncertainties in relation to the increase in import tariffs, and persistent geopolitical tensions. Despite the moment requiring caution, especially in investment decisions, we are strengthening our commercial and after-sales service structures in our overseas subsidiaries, aiming to continue expanding our presence in the markets where we operate and, mainly, consistently improving our customers' experience. In this first half of the year, we managed to achieve our initial objectives, and we remain focused on ROMI's growth in the foreign market.
Industrial Entrepreneur Confidence Index - ICEI
Source: CNI-ICEI, July 2025
According to data from the National Confederation of Industry (CNI), the Installed Capacity Utilization Index (UCI) of the national industry recorded 70% in May 2025. This high and stable level indicates that installed capacity utilization rate remains consistent, suggesting a more resilient industrial activity in 2025.
Average Installed Capacity Utilization (UCI)
Source: CNI - UCI, june 2025.
The capital goods market is characterized by a volatile business environment, requiring companies to efficiently manage production to face demand challenges. Recognizing this volatility, we have adopted an even more agile and flexible structure, capable of quickly adapting to market fluctuations. Several initiatives have been implemented in recent years, focusing on optimizing indirect structures and automating and digitizing internal processes. These actions allow us to respond more efficiently and quickly to changes, reinforcing our adaptability in a dynamic environment.
The Company has strategically prioritized the development of new product generations aligned with the technological advancements of Industry 4.0. This strategic focus has yielded significant advancements in technological content, resulting in a successful market reception of our recent product launches, both domestically and internationally. Looking ahead, ROMI remains committed to launching new machine generations and integrating cutting-edge technologies into our product portfolio, ensuring our continued relevance and competitiveness in the industry. In mid-2020, we also launched a solution for our customers, the rental of ROMI machines. This solution has proven to be highly competitive and has provided our customers with more business opportunities. With the aim of financially supporting our customers, in 2022 we created PRODZ, a company which offers credit lines for the purchase of machines, directly from ROMI, in an easy, agile, digital and uncomplicated way. Since 2022, PRODZ has supported 368 businesses, totaling R$145 million in credits granted to our customers. These new solutions have supported a large number of customers on their journeys of growth and success, demonstrating ROMI's strategic purpose of taking care of the success of its customers.
In the foreign market, we continue to strengthen our customer service structures to enhance the overall experience. We believe this approach is key to achieving sustainable international growth and market consolidation.
Market
The Company's main competitive advantages in the market - continuous investments in product development and cutting-edge solutions, a direct distribution network in the country, in-house and ongoing technical assistance, machine rental services, attractive local currency financing for customers, and short product delivery times - are widely recognized, reinforcing the ROMI brand's traditional and prestigious reputation.
Order Intake
Order Entry (R$ 000)
2Q24 1Q25 2Q25 Chg.
Chg.
1H24 1H25 Chg.
Gross Values, sales taxes included
2Q25/1Q25 2Q25/2Q24
25/24
ROMI Machines Burkhardt+Weber Machines Rough and Machined Cast Iron Parts | 252,330 10,385 58,237 | 233,482 134,252 54,077 | 226,618 48,616 57,994 |
Total * | 320,952 | 421,811 | 333,228 |
-2.9% -63.8% 7.2% | -10.2% 368.1% -0.4% |
-21.0% | 3.8% |
430,680 | 460,100 | 6.8% |
79,752 | 182,868 | 129.3% |
109,291 | 112,070 | 2.5% |
619,723 | 755,038 | 21.8% |
* The informed amounts related to order intake and order backlog do not include parts and services.
In 2Q25, the ROMI Machines Unit posted a drop of 10.2% in order intake compared to the same period in 2024, reflecting the preference of our customers for the rental business model, due to an environment with a higher level of uncertainties. In this same comparison period, there was significant growth in businesses generated in the foreign market, as a result of actions to further strengthen ROMI's commitment to the experience and success of its customers.
As previously mentioned, the new generations of products, with important technical evolutions in the mechatronic part, in thermal compensation and in connectivity, also allowed the Company to seek competitive alternatives to enable new business to customers, such as, for example, the rental of machines. In 2Q25, 107 new machines have been rented or 112 new contracts (98 machines in 2Q24 or 103 new contracts), which represent approximately R$48.7 million (R$30.1 million in 1Q24).
The German subsidiary B+W continued to demonstrate its ability to develop competitive highly complex and customized technological solutions in 2Q25. As a result, order intake grew by 368.1% compared to 2Q24.
The Rough and Machined Cast Iron Parts Unit recorded slight decline of 0.4% in order intake in 2Q25 compared to the same period in 2024.
Order Backlog
Order Backlog (R$ 000)
Gross Values, sales taxes included
2Q24 1Q25 2Q25 Chg.
Chg.
2Q25/2Q24
ROMI Machines 271,235 Burkhardt+Weber Machines 330,482 Rough and Machined Cast Iron Parts 61,170 | 325,179 429,962 62,704 | 346,792 455,892 64,164 |
Total * 662,887 | 817,845 | 866,848 |
6.6% | 27.9% |
6.0% | 37.9% |
2.3% | 4.9% |
6.0% | 30.8% |
2Q25/1Q25
* The informed amounts related to order intake and order backlog do not include parts and services.
In 2Q25, the order backlog increased by 30.8% compared to the same period in 2024. The increase was the result of the significant rise in order intake for the Burkhardt+Weber Machines Unit, as previously mentioned.
Net Operating Revenue by Business UnitThe Company's net operating revenue in 2Q25 reached R$316.1 million, an increase of 7.1% compared to 2Q24, with growth across all business units. The expansion of new business generation in 2025, when compared to 2024, reflects the Company's ability to consistently develop competitive solutions and technologies aimed at enabling customers to achieve sustainable success in their activities.
Quarter
2Q25/1Q25
Net Operating Revenue (R$ 000) 2Q24 1Q25 2Q25 Chg.
Chg.
2Q25/2Q24
Accumulated
25/24
1H24 1H25 Chg.
ROMI Machines Burkhardt+Weber Machines Rough and Machined Cast Iron Parts | 220,104 28,038 47,057 | 155,870 73,277 43,948 | 208,948 58,069 49,078 | 34.1% -20.8% 11.7% | -5.1% 107.1% 4.3% |
Total | 295,199 | 273,095 | 316,095 | 15.7% | 7.1% |
352,109 | 364,818 | 3.6% |
65,776 | 131,346 | 99.7% |
85,828 | 93,026 | 8.4% |
503,713 | 589,190 | 17.0% |
ROMI MACHINES
The net operating revenue of this Business Unit reached R$209.0 million in 2Q25, showing a slight decrease of 5.1% when compared to the same period in 2024.
It is important to highlight that revenue from the Machine Rental business has become increasingly relevant to the total revenue of this Unit, being recognized monthly according to rental values. Thus, the revenue growth of this Unit, derived from rentals, will be reflected gradually over time.
BURKHARDT+WEBER MACHINES
The revenue of German subsidiary B+W reached a total of R$58.1 million in the second quarter of 2025, an increase of 107.1% compared to 2Q24. This result reflects the orders intake obtained in recent years, which has led to a change in the Unit's historical pattern, with turnover concentrated in the last quarter of the year. In 2025, there is a more balanced distribution of revenues over the quarters.
ROUGH AND MACHINED CAST IRON PARTS
The Net Operating Revenue of this Business Unit reached R$49.1 million in 2Q25, an increase of 4.3% compared to 2Q24.
Net Operating Revenue per Geographical Region
The domestic market accounted for 67% of ROMI's consolidated revenue in 1H25 (72% in 1H24). When considering the revenue generated from foreign markets, which includes sales by ROMI subsidiaries abroad (Germany, China, Spain, United States, France, Italy, Mexico and United Kingdom) as well as direct sales to other markets, the distribution of ROMI's consolidated revenue by geographical region was as follows:
1H24
1H25
Brazil 72%
Brazil 67%
Asia 2%
USA 6%
Europe 16%
LatAm 4%
Asia 11%
Europe 16%
LatAm 4%
USA 2%
The following shows the foreign market revenue, in Reais (R$) and in US dollars (US$):
Foreign Sales
QUARTER
Accumulated
2Q24 1Q25 2Q25 Chg.
Chg.
1H24 1H25 Chg.
2Q25/1Q25 2Q25/2Q24 25/24
Net Sales (R$ million) | 70.6 | 98.0 | 96.3 | -2% | 36% | 142.5 | 194.3 | 36.4% |
Net Sales (US$ million) | 13.7 | 16.8 | 17.0 | 1% | 24% | 28.1 | 33.8 | 20.3% |
Gross and Operating Margins
The gross margin obtained in 2Q25 was 27.4%, a decrease of 1.2 p.p. compared to 2Q24. This reduction is mainly due to the low production and revenue volume inº the Rough and Machined Cast Iron Parts Unit.
Quarter
Gross Margin 2Q24 1Q25 2Q25 Chg.
2Q25/1Q25
Chg.
2Q25/2Q24
Accumulated
1H24 1H25 Chg. pp
2025/2024
ROMI Machines Burkhardt+Weber Machines Rough and Machined Cast Iron Parts | 37.1% 1.7% 4.7% | 45.1% 13.5% -30.7% | 42.7% 5.7% -12.1% | (2.4) (7.8) 18.6 | 5.6 4.0 (16.8) |
Total | 28.6% | 24.4% | 27.4% | 3.0 | (1.2) |
39.4% | 43.7% | 4.3 |
15.9% | 10.1% | (5.8) |
-4.9% | -20.9% | (16.0) |
28.8% | 26.0% | (2.8) |
Quarter Accumulated
EBIT Margin - Adjusted (*) 2Q24 1Q25 2Q25 Chg.
2Q25/1Q25
Chg.
2Q25/2Q24
1H24 1H25 Chg. pp
2025/2024
ROMI Machines Burkhardt+Weber Machines Rough and Machined Cast Iron Parts | 15.3% -36.2% -12.3% | 17.5% 5.5% -50.4% | 17.9% -20.2% -30.9% | 0.4 (25.7) 19.5 | 2.6 16.0 (18.6) |
Total | 6.0% | 0.4% | 3.3% | 2.9 | (2.7) |
14.7% | 17.7% | 3.0 |
-15.7% | -12.0% | 3.7 |
-22.9% | -40.1% | (17.2) |
4.4% | 2.0% | (2.4) |
(*) 2Q24, 1Q25 and 2Q25: EBIT and EBITDA are adjusted by the amounts of R$6,346, R$276 and R$772, respectively; and profit by the amounts of R$6,149, R$269 and R$754, respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on Avenida JK ,and the recognition of present value adjustments.
1H24: EBIT and EBITDA are adjusted by the amount of R$15,452; and profit by the amount of R$14,970, related to the recognition of the impacts of the Vila ROMI Residence project.
1H25: EBIT and EBITDA are adjusted by the amount of R$1,048; and profit by the amount of R$1,023, related to the recognition of the impacts of the Vila ROMI Residence project.
ROMI MACHINES
The gross margin of this Business Unit in 2Q25 reached 42.7%, 5.6 p.p. higher than that achieved in 2Q24. This result is due to the increase in revenue volume, the larger share of the machine rental business within this business unit, and the exchange rate variation that positively impacted export margins. Despite the slight decrease in revenue, cost and expense control allowed for an adjusted EBIT operating margin of 17.9% in 2Q25, 2.6 p.p. higher than the margin achieved in 2Q24.
BURKHARDT+WEBER MACHINES
In 2Q25, the company's gross and operating margins increased by 4.0 p.p. and 16.0 p.p., respectively, compared to the same period in 2024, impacted by the increase in revenue volume in the periods presented.
ROUGH AND MACHINED CAST IRON PARTS
In 2Q25 the gross margin of this Business Unit decreased by 16.8 p.p., compared to 2Q24, and the operating margin (EBIT) also decreased, in the same comparison period, by 18.6 p.p. The low production volume, a reflection of the slowdown in the wind power and commercial automotive segments, combined with the high fixed costs of this Business Unit, has impacted operating margins.
EBITDA and EBITDA Margin
In 2Q25, the operating cash generation as measured by adjusted EBITDA amounted to R$27.7 million, representing an adjusted EBITDA margin of 8.8% the quarter, as shown in the table below:
Reconciliation of
Quarter Accumulated
Net Income to EBITDA
(R$ 000) 2Q24 1Q25 2Q25 Chg.
2Q25/1Q25
Chg.
2Q25/2Q24
Chg.
1H24 1H25
2025/2024
Net Income | 31,018 | 10,088 | 16,374 | 62.3% | -47.2% |
Income tax and social contributions | 199 | (3,167) | (1,792) | -43.4% | -1000.5% |
Net Financial Income | (7,028) | (5,515) | (3,359) | -39.1% | -52.2% |
Depreciation and amortization | 15,425 | 16,841 | 17,287 | 2.6% | 12.1% |
EBITDA | 39,614 | 18,247 | 28,510 | 56.2% | -28.0% |
EBITDA Margin | 13.4% | 6.7% | 9.0% | ||
EBITDA - Adjusted (*) | 33,268 | 17,971 | 27,738 | 54.3% | -16.6% |
EBITDA Margin - Adjusted (*) | 11.3% | 6.6% | 8.8% |
48,999 | 26,462 | -46.0% |
(1,569) | (4,959) | 216.1% |
(10,037) | (8,874) | -11.6% |
29,538 | 34,128 | 15.5% |
66,931 | 46,757 | -30.1% |
13.3% | 7.9% | (5.4) |
51,479 | 45,709 | -11.2% |
10.2% | 7.8% | (2.4) |
Total Net Operating Revenue 295,199 273,095 316,095 15.7% 7.1% 503,713 589,190 17.0%
(*) 2Q24, 1Q25 and 2Q25: EBIT and EBITDA are adjusted by the amounts of R$6,346, R$276 and R$772, respectively; and profit by the amounts of R$6,149, R$269 and R$754, respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on Avenida JK, and the recognition of present value adjustments.
1H24: EBIT and EBITDA are adjusted by the amount of R$15,452; and profit by the amount of R$14,970, related to the recognition of the impacts of the Vila ROMI Residence project.
1H25: EBIT and EBITDA are adjusted by the amount of R$1,048; and profit by the amount of R$1,023, related to the recognition of the impacts of the Vila ROMI Residence project.
Adjusted Profit for the Period
The adjusted profit for 2Q25 was R$15.6 million, a decrease of 37.2% compared to 2Q24.
Evolution of Net Cash (Debt) Position
The main changes in net cash position during the first half of 2025, in thousands of reais, are described below:
*The balances recognized under "Investments" are net of the impacts recognized in accordance with CPC 06 (R2) - Leases, equivalent to international standard IFRS 16 - Leases.
In the first half of 2025, the net cash position had the following variations:
Investments aimed at maintenance, productivity, flexibility, and competitiveness of the units in the industrial park and, mainly, related to the new machine rental business (R$66.5 million in 1H25);
Payment of interest on capital and interim dividends, declared in December and March 2025 and paid during the half year period, in the amount of R$36,740;
Reduction in Accounts Receivable, primarily due to renegotiations and the receipt of amounts related to revenue from the B+W Unit in the first half of 2025;
The increase in the inventory line item is related to the order backlog, which in the first half of 2025 posted a growth of 30.8%.
Financial Position
The Company's borrowings are used mainly for investments in the modernization of its manufacturing facilities, research and development of new products, and financing of exports and imports. As at June 30, 2025, the amount of financing in local currency was R$195.2 million, and in foreign currency R$180.6 million, totaling R$375.9 million, of which R$63.0 million maturing in up to 12 months.
Short-term investments are made with prime institutions with low credit risk and their yield is mainly linked to the Interbank Certificate of Deposit (CDI). The consolidated net cash position as at June 30, 2025 was negative by R$129.4 million.
As at June 30, 2025, the Company recorded R$246.5 million as cash and cash equivalents and short-term investments.
The balances recorded under "Finame Manufacturer Financing" are not used in the calculation of the Company's net debt. As at June 30, 2025, the Company did not have any derivative transactions.
Capital Markets
Share Performance ROMI3 x Ibovespa
Period: June 30, 2023 to July 14, 2025
Note: The performance of ROMI3 shares shown in the graph considers the retroactive calculation of the impact of bonuses that occurred in March 2023 and March 2024 to reflect the new number of shares outstanding after these events.
On July 14, 2025 the Company's common shares (ROMI3), which were quoted at R$9.16, posted devaluation of 35.0% since June 30, 2023, and appreciation of 8.5% since December 31, 2024. The Ibovespa posted increase of 14.6% and 12.5%, respectively, in the same periods.
The Company's market capitalization on July 14, 2025 was R$853.4 million. The average daily trading volume during 2Q25 was R$1.1 million.
Consolidated Balance Sheet
Consolidated Balance Sheet
IFRS (R$ 000)
Earnings Release
2nd quarter of 2025
17
ASSETS 06/30/24 03/31/25 06/30/25 LIABILITIES AND SHAREHOLDER'S EQUITY 06/30/24 03/31/25 06/30/25
CURRENT | 1,451,674 | 1,512,376 | 1,498,555 |
Cash and Cash equivalents | 285,288 | 242,363 | 195,239 |
Financial investments | 16,734 | 52,591 | 51,233 |
Trade accounts receivable | 203,412 | 169,271 | 190,653 |
Trade accounts receivable - PRODZ financing | 43,038 | 52,158 | 55,308 |
Onlending of Finame manufacturer financing | 169,367 | 182,856 | 171,411 |
Inventories | 688,371 | 733,467 | 742,290 |
Invetories of rental machines intended for sale | - | 24,287 | 26,766 |
Recoverable taxes | 22,910 | 29,842 | 31,495 |
Other receivables | 22,554 | 25,542 | 34,160 |
NON CURRENT | 364,844 | 401,514 | 416,716 |
Trade accounts receivable | 6,194 | 17,716 | 17,813 |
Trade accounts receivable - PRODZ financing | 39,099 | 26,472 | 22,909 |
Onlending of Finame manufacturer financing | 207,542 | 241,861 | 249,952 |
Recoverable taxes | 62,770 | 66,568 | 68,046 |
Deferred income and social contribution taxes | 25,174 | 27,500 | 33,057 |
Judicial Deposits | 12,131 | 12,131 | 12,131 |
Other receivables | 11,934 | 9,266 | 12,808 |
INVESTMENTS | |||
Property, Plant and Equipment | 491,231 | 505,917 | 532,432 |
Investment Properties | 15,183 | 14,283 | 14,283 |
Intangible assets | 47,368 | 46,408 | 47,220 |
918,626 | 968,122 | 1,010,651 | |
TOTAL ASSETS | 2,370,300 | 2,480,498 | 2,509,206 |
CURRENT | 706,317 | 714,267 | 689,363 |
Loans and financing | 160,802 | 75,077 | 62,969 |
Finame manufacturer financing | 156,219 | 214,852 | 159,316 |
Trade accounts payable | 103,818 | 113,319 | 104,529 |
Payroll and related taxes | 44,683 | 35,954 | 44,502 |
Taxes payables | 16,540 | 7,818 | 10,524 |
Advances from customers | 163,690 | 202,262 | 242,006 |
Related parties | 1,549 | 494 | 1,323 |
Dividends | 18,637 | 14,625 | 14,618 |
Provision for contingent liabilities | 5,254 | 6,475 | 4,875 |
Other payables | 35,125 | 43,391 | 44,701 |
NON CURRENT | 465,604 | 546,625 | 596,958 |
Loans and financing | 217,679 | 326,336 | 312,881 |
Finame manufacturer financing | 205,191 | 178,304 | 239,546 |
Deferred income and social contribution taxes | 36,304 | 36,997 | 38,093 |
Reserve for contingencies | 401 | 199 | 2,213 |
Other payables | 6,029 | 4,789 | 4,225 |
TOTAL LIABILITIES | 1,171,921 | 1,260,892 | 1,286,321 |
SHAREHOLDER'S EQUITY | 1,196,713 | 1,218,038 | 1,221,272 |
Capital | 988,470 | 988,470 | 988,470 |
Retained earnings | 128,329 | 143,767 | 143,324 |
Cumulative translation adjustments | 79,914 | 85,801 | 89,478 |
- | |||
NON CONTROLLING INTERESTS | 1,666 | 1,569 | 1,613 |
- | - | - | |
TOTAL SHAREHOLDER'S EQUITY | 1,198,379 | 1,219,607 | 1,222,885 |
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY | 2,370,300 | 2,480,498 | 2,509,206 |
Consolidated Income Statement
Consolidated Income Statement
IFRS (R$ 000)
2Q24 1Q25 2Q25 Chg.
2Q25/1Q25
Chg.
2Q25/2Q24
Chg.
1H24 1H25
2025/2024
503,713
(358,806)
144,907
28.8%
589,190
(435,888)
153,302
26.0%
17.0%
21.5%
5.8%
(107,514) (140,673)
(53,599)
(15,483)
(47,762)
(6,420)
15,750
37,393
7.4%
21,941
4.4%
10,037
16,850
(11,395)
4,582
47,430
1,569
48,999
9.7%
34,029
6.8%
(62,866)
(16,523)
(56,076)
(7,373)
2,165
12,629
2.1%
11,581
2.0%
8,874
19,021
(12,987)
2,840
21,503
4,959
26,462
4.5%
25,439
4.3%
30.8%
17.3%
6.7%
17.4%
14.8%
-86.3%
-66.2%
-47.2%
-11.6%
12.9%
14.0%
-38.0%
-54.7%
216.1%
-46.0%
-25.2%
48,789
210
26,305
157
-46.1%
-25.2%
66,931
48,999
(1,569)
(10,037)
29,538
13.3%
51,479
10.2%
93,171
0.52
46,757
26,462
(4,959)
(8,874)
34,128
7.9%
45,709
7.8%
93,171
0.28
-30.1%
-46.0%
216.1%
-11.6%
15.5%
-11.2%
Net Operating Revenue | 295,199 | 273,095 | 316,095 | 15.7% | 7.1% |
Cost of Goods Sold | (210,917) | (206,421) | (229,467) | 11.2% | 8.8% |
Gross Profit | 84,282 | 66,674 | 86,628 | 29.9% | 2.8% |
Gross Margin % | 28.6% | 24.4% | 27.4% | ||
Operating Expenses | (60,093) | (65,268) | (75,405) | 15.5% | 25.5% |
Selling expenses | (30,200) | (28,682) | (34,184) | 19.2% | 13.2% |
Research and development expenses | (8,423) | (7,718) | (8,805) | 14.1% | 4.5% |
General and administrative expenses | (23,902) | (26,387) | (29,689) | 12.5% | 24.2% |
Management profit sharing and compensation | (3,717) | (3,910) | (3,463) | -11.4% | -6.8% |
Other operating income, net | 6,149 | 1,429 | 736 | -48.5% | -88.0% |
Operating Income (loss) before Financial Results | 24,189 | 1,406 | 11,223 | 698.2% | -53.6% |
Operating Margin % | 8.2% | 0.5% | 3.6% | ||
Operating Income (loss) before Financial Results - Adjusted (*) | 17,843 | 1,130 | 10,451 | 824.5% | -41.4% |
Operating Margin % - Adjusted (*) | 6.0% | 0.4% | 3.3% | ||
Financial Results, Net | 7,028 | 5,515 | 3,359 | -39.1% | -52.2% |
Financial income | 9,284 | 10,007 | 9,014 | -9.9% | -2.9% |
Financial expenses | (5,587) | (6,833) | (6,154) | -9.9% | 10.1% |
Exchance gain (loss), net | 3,331 | 2,341 | 499 | -78.7% | -85.0% |
Operations Operating Income | 31,217 | 6,921 | 14,582 | 110.7% | -53.3% |
Income tax and social contribution | (199) | 3,167 | 1,792 | -43.4% | -1000.5% |
Net Income | 31,018 | 10,088 | 16,374 | 62.3% | -47.2% |
Net Margin % | 10.5% | 3.7% | 5.2% | ||
Net income - Adjusted (*) | 24,869 | 9,819 | 15,620 | 59.1% | -37.2% |
Net Margin % - Adjusted (*) | 8.4% | 3.6% | 4.9% | ||
Net profit concerning: | |||||
Controlling interests | 30,915 | 9,976 | 16,329 | 63.7% | -47.2% |
Non controlling interests | 103 | 112 | 45 | -59.8% | -56.3% |
0.0% | 0.0% | ||||
EBITDA | 39,614 | 18,247 | 28,510 | 56.2% | -28.0% |
Profit for the period | 31,018 | 10,088 | 16,374 | 62.3% | -47.2% |
Income tax and social contribution | 199 | (3,167) | (1,792) | -43.4% | -1000.5% |
Financial result, net | (7,028) | (5,515) | (3,359) | -39.1% | -52.2% |
Depreciation and amortization | 15,425 | 16,841 | 17,287 | 2.6% | 12.1% |
EBITDA Margin % | 13.4% | 6.7% | 9.0% | ||
EBITDA - Adjusted (*) | 33,268 | 17,971 | 27,738 | 54.3% | -16.6% |
EBITDA Margin % - Adjusted (*) | 11.3% | 6.6% | 8.8% | ||
Nº of shares in capital stock (th) | 93,171 | 93,171 | 93,171 | ||
Profit per share - R$ | 0.33 | 0.11 | 0.18 |
(*) 2Q24, 1Q25 and 2Q25: EBIT and EBITDA are adjusted by the amounts of R$6,346, R$276 and R$772, respectively; and profit by the amounts of R$6,149, R$269 and R$754, respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on Avenida JK, and the recognition of present value adjustments.
1H24: EBIT and EBITDA are adjusted by the amount of R$15,452; and profit by the amount of R$14,970, related to the recognition of the impacts of the Vila ROMI Residence project.
1H25: EBIT and EBITDA are adjusted by the amount of R$1,048; and profit by the amount of R$1,023, related to the recognition of the impacts of the Vila ROMI Residence project.
Consolidated Cash Flow Statement | |||
Consolidated Cash Flow Statement IFRS (R$ 000) | |||
2Q24 | 1Q25 | 2Q25 | |
Cash from operating activities | |||
Net Income before taxation | 31,217 | 6,921 | 14,582 |
Financial expenses and exchange gain | (995) | (5,984) | (48,850) |
Depreciation and amortization | 15,425 | 16,841 | 17,287 |
Allowance for doubtful accounts and other receivables | 696 | 3,124 | (16,165) |
Proceeds from sale of fixed assets and intangibles | (10,172) | 11,652 | 12,868 |
Provision for inventory realization | 130 | 1,900 | 917 |
Reserve for contingencies | (584) | 107 | 155 |
Trade accounts receivable | (19,653) | 39,110 | (8,889) |
Onlending of Finame manufacturer financing | 1,627 | 1,225 | 3,277 |
Inventories | (42,405) | (14,140) | (12,219) |
Recoverable taxes, net | (12,425) | (16,414) | (8,688) |
Judicial deposits | 12 | - | - |
Other receivables | (1,175) | (6,316) | (12,524) |
Trade accounts payable | 20,100 | 5,812 | (6,246) |
Payroll and related taxes | 12,050 | (2,142) | 8,548 |
Taxes payable | 13,092 | (896) | 6,149 |
Advances from customers | 26,863 | 15,005 | 39,744 |
Other payables | 3,399 | (2,975) | 2,665 |
Cash provided by (used in) operating activities | 37,202 | 52,830 | (7,389) |
Income tax and social contribution paid | (387) | (602) | (555) |
Net Cash provided by (used in) operating activities | 36,815 | 52,228 | (7,944) |
Financial Investments | 44,366 | 46,885 | 1,358 |
Purchase of fixed assets | (44,878) | (40,771) | (52,643) |
Sales of fixed assets | 23,985 | 1,021 | 147 |
Purchase of intangible assets | 3 | - | - |
Net cash Used in Investing Activities | 23,476 | 7,135 | (51,138) |
Interest on capital paid | (9,123) | (20,777) | (16,775) |
New loans and financing | 7,748 | 28,844 | 8,993 |
Payments of loans and financing | (1,077) | (80,761) | 15,873 |
Interests paid (including Finame manufacturer financing) | (11,913) | (5,754) | (6,658) |
New loans in Finame manufacturer | 44,508 | 44,774 | 53,636 |
Payment of Finame manufacturer financing | (43,850) | (42,092) | (44,900) |
Net Cash provided by (used in) Financing Activities | (13,707) | (75,766) | 10,169 |
- | - | - | |
Increase (decrease) in cash and cash equivalents | 46,584 | (16,403) | (48,913) |
Exchange variation changes on cash and cash equivalents abroad | (1,064) | (3,454) | 1,791 |
Cash and cash equivalents - beginning of period | 239,768 | 262,220 | 242,363 |
Cash and cash equivalents - end of period | 285,288 | 242,363 | 195,241 |
Attachment I - Income Statement by Business Unit
Income Statement by Business Units - 2Q25
R$ 000
ROMI
Machines
Burkhardt + Weber Machines
Rough and Machined Cast Iron Parts
Total
Net Operating Revenue | 208,948 | 58,069 | 49,078 | 316,095 |
Cost of Sales and Services | (104,258) | (54,777) | (70,432) | (229,467) |
Business Units Transfers | 665 | - | 16,101 | 16,767 |
Business Units Transfers | (16,101) | - | (665) | (16,767) |
Gross Profit | 89,254 | 3,292 | (5,918) | 86,628 |
Gross Margin % | 42.7% | 5.7% | -12.1% | 27.4% |
Operating Expenses | (51,935) | (14,997) | (9,245) | (76,177) |
Selling | (25,824) | (6,632) | (1,728) | (34,184) |
General and Administrative | (16,645) | (8,365) | (4,679) | (29,689) |
Research and Development | (6,988) | - | (1,817) | (8,805) |
Management profit sharing | (2,442) | - | (1,021) | (3,463) |
Other operating revenue | (36) | - | - | (36) |
Operating loss before Financial Results - Adjusted (*) | 37,318 | (11,705) | (15,163) | 10,451 |
Operating Margin % - Adjusted (*) | 17.9% | -20.2% | -30.9% | 3.3% |
Depreciation and amortization | 11,341 | 1,808 | 4,138 | 17,287 |
EBITDA - Adjusted (*) | 48,660 | (9,897) | (11,024) | 27,738 |
EBITDA Margin % - Adjusted (*) | 23.3% | -17.0% | -22.5% | 8.8% |
Income Statement by Business Units - 2Q24
R$ 000
ROMI
Machines
Burkhardt + Weber Machines
Rough and Machined Cast Iron Parts
Total
Net Operating Revenue | 220,104 | 28,038 | 47,057 | 295,199 |
Cost of Sales and Services | (118,803) | (27,562) | (64,552) | (210,917) |
Business Units Transfers | 794 | - | 20,515 | 21,308 |
Business Units Transfers | (20,515) | - | (794) | (21,308) |
Gross Profit | 81,580 | 476 | 2,226 | 84,282 |
Gross Margin % | 37.1% | 1.7% | 4.7% | 28.6% |
Operating Expenses | (47,811) | (10,620) | (8,008) | (66,439) |
Selling | (24,474) | (3,932) | (1,794) | (30,200) |
General and Administrative | (13,729) | (6,688) | (3,485) | (23,902) |
Research and Development | (6,766) | - | (1,657) | (8,423) |
Management profit sharing | (2,645) | - | (1,072) | (3,717) |
Other operating revenue | (197) | - | - | (197) |
Operating loss before Financial Results - Adjusted (*) | 33,769 | (10,144) | (5,782) | 17,843 |
Operating Margin % - Ajusted (*) | 15.3% | -36.2% | -12.3% | 6.0% |
Depreciation and amortization | 10,091 | 1,791 | 3,543 | 15,425 |
EBITDA - Adjusted (*) | 43,860 | (8,353) | (2,240) | 33,268 |
EBITDA Margin % - Adjusted (*) | 19.9% | -29.8% | -4.8% | 11.3% |
(*) 2Q24, 1Q25 and 2Q25: EBIT and EBITDA are adjusted by the amounts of R$6,346, R$276 and R$772, respectively; and profit by the amounts of R$6,149, R$269 and R$754, respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on Avenida JK, and the recognition of present value adjustments.
Income Statement by Business Units - 1H25
R$ 000
ROMI
Machines
Burkhardt
+ Weber
Raw and Machined Cast Iron Parts
Total
Net Operating Revenue | 364,818 | 131,346 | 93,026 | 589,190 | |
Cost of Sales and Services | (172,997) | (118,142) | (144,749) | (435,888) | |
Business Units Transfers | 1,326 | - | 33,643 | 34,969 | |
Business Units Transfers | (33,643) | - | (1,326) | (34,969) | |
Gross Profit | 159,503 | 13,204 | (19,405) | 153,302 | |
Gross Margin % | 43.7% | 10.1% | -20.9% | 26.0% | |
Operating Expenses | (94,835) | (28,968) | (17,917) | (141,721) | |
Selling | (46,578) | (13,003) | (3,285) | (62,866) | |
General and Administrative | (31,044) | (15,965) | (9,067) | (56,076) | |
Research and Development | (13,312) | - | (3,211) | (16,523) | |
Management profit sharing | (5,018) | - | (2,355) | (7,373) | |
Other operating revenue | 1,117 | - | - | 1,117 | |
Operating loss before Financial Results - Adjusted (*) | 64,668 | (15,764) | (37,322) | 11,582 | |
Operating Margin % - Ajusted (*) | 17.7% | -12.0% | -40.1% | 2.0% | |
Depreciation and amortization | 22,287 | 3,548 | 8,293 | 34,128 | |
EBITDA - Adjusted (*) | 86,955 | (12,216) | (29,029) | 45,710 | |
EBITDA Margin % - Adjusted (*) | 23.8% | -9.3% | -31.2% | 7.8% | |
Income Statement by Business Units - 1H24
R$ 000
ROMI
Machines
Burkhardt
+ Weber
Raw and Machined Cast Iron Parts
Total
Net Operating Revenue | 352,109 | 65,776 | 85,828 | 503,713 | |
Cost of Sales and Services | (181,740) | (55,320) | (121,746) | (358,806) | |
Business Units Transfers | 1,053 | - | 32,789 | 33,842 | |
Business Units Transfers | (32,789) | - | (1,053) | (33,842) | |
Gross Profit | 138,633 | 10,456 | (4,182) | 144,907 | |
Gross Margin % | 39.4% | 15.9% | -4.9% | 28.8% | |
Operating Expenses | (86,747) | (20,766) | (15,453) | (122,966) | |
Selling | (43,042) | (7,270) | (3,287) | (53,599) | |
General and Administrative | (27,061) | (13,495) | (7,206) | (47,762) | |
Research and Development | (12,389) | - | (3,094) | (15,483) | |
Management profit sharing | (4,553) | - | (1,867) | (6,420) | |
Other operating revenue | 298 | - | - | 298 | |
Operating loss before Financial Results - Adjusted (*) | 51,886 | (10,310) | (19,635) | 21,941 | |
Operating Margin % - Ajusted (*) | 14.7% | -15.7% | -22.9% | 4.4% | |
EBITDA | 70,841 | (6,829) | (12,533) | 51,479 | |
EBITDA Margin % | 20.1% | -10.4% | -14.6% | 10.2% | |
(*) 1H24: EBIT and EBITDA are adjusted by the amount of R$15,452; and profit by in the amount of R$14,970, related to the recognition of the impacts of the Vila ROMI Residence project. 1H25: EBIT and EBITDA are adjusted by the amount of R$1,048; and profit by the amount of R$1,023, related to the recognition of the impacts of the Vila ROMI Residence project.
Attachment II - Financial Statements of B+W
Burkhardt + Weber Balance Sheet
(€ Mil)
ASSETS 06/30/24 03/31/25 06/30/25
CURRENT | 39,307 | 47,648 | 45,613 |
Cash and Cash equivalents | 477 | 7,597 | 4,110 |
Trade accounts receivable | 5,415 | 9,775 | 9,043 |
Inventories | 29,252 | 25,887 | 27,043 |
Recoverable taxes | 1,121 | 689 | 733 |
Deferred income and social contribution taxes | 1,803 | 1,999 | 2,432 |
Related Parties | 145 | 327 | 405 |
Other receivables | 1,094 | 1,375 | 1,847 |
Investments | |||
Property, plant and equipment | 11,786 | 11,244 | 11,253 |
Intangible assets | 7,874 | 7,445 | 7,321 |
- | |||
TOTAL ASSETS | 58,967 | 66,337 | 64,187 |
LIABILITIES AND SHAREHOLDER'S EQUITY 06/30/24 03/31/25 06/30/25
CURRENT | 33,064 | 41,268 | 40,468 |
Loans and financing | 2,199 | 4,285 | 354 |
Trade accounts payable | 2,655 | 2,208 | 1,591 |
Payroll and related taxes | 1,641 | 1,126 | 1,386 |
Taxes payable | 319 | 137 | 427 |
Advances from customers | 19,823 | 24,933 | 28,974 |
Other payables | 2,603 | 4,145 | 3,713 |
Related Parties | 3,822 | 4,434 | 4,023 |
NON CURRENT | 7,649 | 7,225 | 7,049 |
Loans and financing | 4,210 | 3,915 | 3,777 |
Deferred income and social contribution taxes | 3,439 | 3,310 | 3,272 |
SHAREHOLDER'S EQUITY | 18,255 | 17,844 | 16,669 |
Capital | 7,025 | 7,025 | 7,025 |
Profit (losses) accumulated | 11,230 | 10,819 | 9,644 |
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY | 58,967 | 66,337 | 64,186 |
Burkhardt + Weber Income
(€ 000)
Statement
2Q24 1Q25 2Q25 1H24 1H25
Net Operating Revenue | 5,021 | 11,898 | 8,638 |
Cost of Goods Sold | (4,942) | (10,684) | (7,787) |
Gross Profit | 79 | 1,214 | 851 |
Gross Margin % | 1.6% | 10.2% | 9.9% |
Operating Expenses | (1,888) | (2,272) | (2,257) |
Selling expenses | (694) | (1,039) | (995) |
General and administrative expenses | (1,194) | (1,234) | (1,263) |
Operating Income before Financial Results | (1,809) | (1,058) | (1,406) |
Operating Margin % | -36.0% | -8.9% | -16.3% |
Financial Results, Net | (99) | (314) | (142) |
Net Income before tax and social contributio | (1,908) | (1,372) | (1,549) |
Income tax and social contribution | 580 | 428 | 433 |
Net income | (1,328) | (944) | (1,115) |
Net Margin % | -26.5% | -7.9% | -12.9% |
EBITDA | (1,490) | (776) | (1,125) |
Net income / loss for the period | (1,328) | (944) | (1,115) |
Income tax and social contribution | (580) | (428) | (433) |
Financial income, net | 99 | 314 | 142 |
Depreciation and amortization | 319 | 282 | 281 |
EBITDA Margin % | -29.7% | -6.5% | -13.0% |
12,027 | 20,536 |
(10,095) | (18,472) |
1,932 | 2,065 |
16.1% | 10.1% |
(3,772) | (4,529) |
(1,314) | (2,033) |
(2,458) | (2,496) |
(1,840) | (2,465) |
-15.3% | -12.0% |
(226) | (456) |
(2,066) | (2,921) |
730 | 861 |
(1,337) | (2,060) |
-11.1% | -10.0% |
(1,207) | (1,901) |
(1,337) | (2,060) |
(730) | (861) |
226 | 456 |
633 | 564 |
-10.0% | -9.3% |