October 21, 2025
Share price at 10/20/2025
ROMI3 - R$ 7.87 per share
Market value
R$ 733.25 million
USD$ 136.38 million
Number of shares
Common: 93,170,747
Free float = 50.8%
Earnings Conference Call
Simultaneous translation (Portuguese - English)
October 22, 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 838 8530 1356
+55 11 4680 6788
Summary
Summary 2
Message from Management 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
BURKHARDT+WEBER MACHINES 11
Net Operating Revenue per Geographical Region 11
Gross and Operating Margins 12
EBITDA and EBITDA Margin 13
Adjusted Profit for the Period 13
Evolution of Net Cash (Debt) Position 14
Financial Position 15
Capital Markets 16
ROMI Bids Farewell to Dr. Romeu 17
Consolidated Balance Sheet 17
Consolidated Income Statement 19
Consolidated Cash Flow Statement 20
Attachment I - Income Statement by Business Unit 21
Attachment II - Financial Statements of B+W 23
Message from Management
We concluded the third quarter of 2025 with consistent results and progress in key operational indicators, reinforcing the resilience of our business model even in the face of a challenging economic environment.
Consolidated order intake continued its growth trajectory, primarily driven by the B+W business unit. According to company data, the B+W order backlog reached R$388.5 million at the end of 3Q25, representing a 16.7% increase compared to the same period in 2024 - a growth that reflects strong demand for high-complexity, customized solutions.
The diversification strategy - with a focus on the machinery rental business and the fintech PRODZ - has proven to be effective and increasingly relevant in the composition of our results. In 3Q25, 57 new machines were rented, consolidating this front as an important pillar of value generation for our customers.
The adjusted operating margin of Romi Machines for 3Q25 showed a growth of 2.4 p.p compared to the same period last year, reflecting a combination of a solid order backlog, resulting in higher revenue volumes, operational efficiency, and the diversification of solutions mentioned above.
In Germany (B+W), the projects scheduled for 3Q25 were delivered on time, and the volume of new orders during the quarter reached R$153.8 million, with an order backlog of R$512.6 million to be executed in 2025, 2026, and 2027. This confirms the effectiveness of our approach focused on customized and high-complexity technological solutions.
The Castings and Machining unit continues to face challenges related to demand in the wind and automotive sectors. 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 rebound of demand in the second half, especially in the agricultural segment.
The consolidated order backlog reached R$895.3 million at the end of 3Q25, an 18.0% growth compared to 3Q24, signaling the confidence of our customers and the consistency of our deliveries.
We are confident that our competitive advantages and constant pursuit of excellence will allow us to maintain a sustainable business pace. We will continue investing in innovation, digital technologies, and the training of our team, aware that the success of ROMI is directly linked to the success of our customers, employees, and partners.
Fábio B. Taiar - Investor Relations Officer.
(19) 3455-9418 |dri@romi.com
Investor Relations - Contact
Santa Bárbara d'Oeste - São Paulo, October 21, 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 third quarter of 2025 ("3Q25"). 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
Net operating revenue and adjusted EBITDA reached R$349 million and R$38 million, respectively, representing growth of 31.9% and 60.8% compared to 3Q24.
Adjusted EBITDA R$38.0 million margin of 10.9%
The consolidated adjusted operating margin in 3Q25 grew by
2.4 percentage points compared to 3Q24, reflecting the increase in net operating revenue and effective control of operating expenses.
Order Backlog R$895.3 million
+ 18.0 compared to 3Q24
In the B+W Machinery Unit, net operating revenue stood out, reaching R$99.6 million, representing an increase of 506.2% compared to 3Q24. In the same comparison period, this business unit recorded a 84.3 p.p. increase in its operating margin.
Order Intake R$388.5 million
+ 16.7% compared to 3Q24
Order intake in 3Q25 reached R$388.5 million, representing a growth of 16.7% compared to 3Q24, with a highlight on the B+W Machinery business unit.
In the B+W Machinery Unit, order intake in 3Q25 grew by 272.4% compared to the same period in 2024. The order backlog reached R$ 512.6 million, an increase of 35.2% compared to the same period in 2024.
The consolidated order backlog reached R$895.3 million at the end of 3Q25, representing growth of 18.0% and 3.3% compared to 3Q24 and 2Q25, respectively.
Other Highlights
On September 16, 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$0.18 per share), to be made on April 10, 2026.
During the week of September 22, Romi and B+W participated in EMO Hannover, the world's most important trade fair for production technology and metallurgy, in Germany, demonstrating the companies' alignment with global technological trends.
The ROMI Sustainability Committee was created, aligning ESG actions with legislation, the market, and stakeholder expectations.
R$'000 3Q24 2Q25 3Q25 Chg.
Chg.
Acumulated
9M24 9M25 Chg.
Revenue
3Q25/2Q25 3Q25/3Q24
2025/2024
ROMI Machines (units) | 266 | 257 | 225 | -12.5% | -15.4% |
Burkhardt+Weber (units) | - | 4 | 4 | 0.0% | 0.0% |
Rough and Machined Cast Iron Parts (tons) | 2,304 | 2,579 | 2,728 | 5.8% | 18.4% |
Net Operating Revenue | 264,805 | 316,095 | 349,283 | 10.5% | 31.9% |
Gross margin (%) | 29.9% | 27.4% | 26.5% | ||
Operating Income (EBIT) | 19,529 | 11,223 | 20,288 | 80.8% | 3.9% |
Operating margin (%) | 7.4% | 3.6% | 5.8% | ||
Operating Income (EBIT) - adjusted (*) | 8,922 | 10,451 | 20,365 | 94.9% | 128.3% |
Operating margin (%) - adjusted (*) | 3.4% | 3.3% | 5.8% | ||
Net Income | 23,724 | 16,374 | 27,356 | 67.1% | 15.3% |
Net margin (%) | 9.0% | 5.2% | 7.8% | ||
Net Income - adjusted (*) | 13,495 | 15,620 | 27,434 | 75.6% | 103.3% |
Net margin (%) - adjusted (*) | 5.1% | 4.9% | 7.9% | ||
EBITDA | 34,250 | 28,510 | 37,934 | 33.1% | 10.8% |
EBITDA margin (%) | 12.9% | 9.0% | 10.9% | ||
EBITDA - adjusted (*) | 23,643 | 27,738 | 38,011 | 37.0% | 60.8% |
EBITDA margin (%) - adjusted (*) | 8.9% | 8.8% | 10.9% | ||
Investments ( **) | 44,917 | 47,361 | 58,257 | 23.0% | 29.7% |
732 | 662 | -9.6% |
2 | 12 | 500.0% |
6,925 | 7,658 | 10.6% |
768,518 | 938,473 | 22.1% |
29.2% | 26.2% | |
56,922 | 32,917 | -42.2% |
7.4% | 3.5% | |
30,863 | 31,946 | 3.5% |
4.0% | 3.4% | |
72,723 | 53,818 | -26.0% |
9.5% | 5.7% | |
47,523 | 52,873 | 11.3% |
6.2% | 5.6% | |
101,181 | 84,691 | -16.3% |
13.2% | 9.0% | |
75,122 | 83,720 | 11.4% |
9.8% | 8.9% | |
114,783 | 144,189 | 25.6% |
(*) 3Q24, 2Q25 and 3Q25: EBIT and EBITDA are adjusted by the amounts of R$10,607, R$772 and (R$77), respectively; and profit by the amounts of R$10,229, R$754 and (R$74), respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on the JK avenue, and the recognition of present value adjustments.
(*) 9M24: EBIT and EBITDA are adjusted by the amount of R$26,059; and profit by the amount of R$25,200, related to the recognition of the impacts of the Vila ROMI Residence project and the sale of the land on the JK avenue. 9M25: EBIT and EBITDA are adjusted by the amount of R$971; and profit by the amount of R$945, related to the recognition of the impacts of the Vila ROMI Residence project.
(**) Of the investments made in 3Q24, 2Q25 and 3Q25, the amounts of R$37.5 million, R$35.3 million and R$34.1 million, respectively, refer to the machines manufactured by the Company that were allocated to the machine rental business. Up to September 2024 and 2025, R$96.2 million and R$100.6 million had been invested.
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 September 2025, the Industrial Entrepreneur Confidence Index (ICEI) remained below the 50-point dividing line for nine consecutive months. This performance reinforces the cautious stance among industrial entrepreneurs, influenced by uncertainties in the economic scenario and the expectation that the base interest rate will remain high in the short term. Historically, scores below 50 indicate a more cautious perception among industrial entrepreneurs, signaling that uncertainties still persist regarding the consolidation of economic recovery.
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 months 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, october 2025.
Average Installed Capacity Utilization (UCI)
According to data from the National Confederation of Industry (CNI), the Installed Capacity Utilization Index (UCI) for Brazilian industry remained stable at 70% in September 2025. Although stable, the percentage for September 2025 is lower than that seen in September 2024 (72%), demonstrating a slowdown in industrial activity during the period.
Source: CNI - UCI, october 2025.
The capital goods industry is dynamic, requiring careful production management by companies to keep up with demand fluctuations. With this in mind, we reorganized our operations to make them more agile and responsive to market changes. In recent years, we have implemented several initiatives focused on optimizing indirect resources, as well as automating and digitalizing internal processes. These actions enable us to respond quickly and efficiently to transformations, strengthening our adaptability in an ever-evolving 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 432 businesses, totaling R$167 million in credits granted to our customers. These new solutions have supported a large number of customers on their journeys of growth and success, demonstrating ROMI's strategic purpose of taking care of the success of its customers.
In the foreign market, we have continuously worked to improve our customer service structures, aiming to provide an increasingly satisfactory experience. We are convinced that this ongoing commitment is essential to consolidate our presence and promote sustainable and consistent international growth.
Market
The Company's main competitive advantages in the market - continuous investments in product development and cutting-edge solutions, a direct distribution network in the country, in-house and ongoing technical assistance, machine rental services, attractive local currency financing for customers, and short product delivery times - are widely recognized, reinforcing the ROMI brand's traditional and prestigious reputation.
3Q25/2Q25
25/24
Order Intake
Order Entry (R$ 000)
Gross Values, sales taxes included
3Q24 2Q25 3Q25 Chg.
Chg.
3Q25/3Q24
9M24 9M25 Chg.
ROMI Machines 245,918 Burkhardt+Weber Machines 41,305 Rough and Machined Cast Iron Parts 45,601 | 226,618 48,616 57,994 | 172,850 153,835 61,837 |
Total * 332,824 | 333,228 | 388,522 |
-23.7% | -29.7% |
216.4% | 272.4% |
6.6% | 35.6% |
16.6% | 16.7% |
676,598 | 632,950 | -6.5% |
121,057 | 335,113 | 176.8% |
154,892 | 173,908 | 12.3% |
952,547 | 1,141,971 | 19.9% |
* The informed amounts related to order intake and order backlog do not include parts and services.
In 3Q25, the ROMI Machines Unit posted a drop of 29.7% in order intake compared to the same period in 2024, reflecting 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 3Q25, 59 new machines have been rented or 65 new contracts (73 machines in 3Q24 or 86 new contracts), which represent approximately R$23.2 million (R$25 million in 3Q24).
The German subsidiary B+W continued to demonstrate its ability to develop competitive highly complex and customized technological solutions in 3Q25. As a result, order intake grew by 272.4% compared to 3Q24.
The Rough and Machined Cast Iron Parts Unit recorded a 35.6% increase in order intake in 3Q25 compared to the same period in 2024, driven by the resumption of the wind business.
Order Backlog
* The informed amounts related to order intake and order backlog do not include parts and services.
In 3Q25, the order backlog increased by 18.0% 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 3Q25 reached R$349.3 million, an increase of 32% compared to 3Q24, with growth in the B+W Machines and Rough and Machined Cast Iron Parts 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.
ROMI MACHINES
The net operating revenue of this Business Unit reached R$197.8 million in 3Q25, showing a slight decrease of 2.2% 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$99.6 million in the third quarter of 2025, an increase of 506.2% compared to 3Q24. This result reflects the order intake achieved in recent years, which has led to a change in the Unit's traditional pattern, with revenues concentrated in the last quarter of the year. In 2025, a more balanced distribution of revenues over the quarters is observed.
ROUGH AND MACHINED CAST IRON PARTS
The Net Operating Revenue of this Business Unit reached R$52 million in 3Q25, an increase of 12.6% compared to 3Q24.
Net Operating Revenue per Geographical Region
The domestic market accounted for 66% of ROMI's consolidated revenue in 9M25 (75% in 9M24). When considering the revenue generated from foreign markets, which includes sales by ROMI subsidiaries abroad (Germany, China, Spain, United States, France, Italy, Mexico and United Kingdom) as well as direct sales to other markets, the distribution of ROMI's consolidated revenue by geographical region was as follows:
9M25
9M24
Brazil 75%
Brazil
66%
Europe 19%
LatAm 3%
USA 5%
Asia USA
LatAm 4%
Europe 15%
Asia 7%
1% 5%
The following shows the foreign market revenue, in Reais (R$) and in US dollars (US$):
Foreign Sales
QUARTER
Accumulated
3Q24 2Q25 3Q25 Chg.
Chg.
9M24 9M25 Chg.
3Q25/2Q25 3Q25/3Q24 25/24
Net Sales (R$ million) | 53.5 | 96.3 | 129.7 | 34.7% | 142.4% | 196.0 | 324.0 | 65.3% |
Net Sales (US$ million) | 10.1 | 17.0 | 23.8 | 40.0% | 135.6% | 38.2 | 57.6 | 50.8% |
Gross and Operating Margins
The gross margin obtained in 3Q25 was 26.5%, representing a decrease of 3.4 p.p. when compared to 3Q24. The operating margin (EBIT) in the same period increased by 2.4 p.p. This increase is mainly due to the improvement in the operating results of the Burkhardt+Weber Machinery unit. Year-to-date, the gross margin decreased by 3.0 p.p., while operating margin (Adjusted EBIT) fell slightly by 0.5 p.p.
Quarter
3Q25/2Q25
Gross Margin 3Q24 2Q25 3Q25 Chg.
Chg.
3Q25/3Q24
Accumulated
9M24 9M25
Chg. pp 2025/2024
ROMI Machines Burkhardt+Weber Machines Rough and Machined Cast Iron Parts | 40.1% -20.8% 3.2% | 42.7% 5.7% -12.1% | 36.1% 23.4% -4.1% | (6.6) 17.7 8.0 | (4.0) 44.2 (7.3) |
Total | 29.9% | 27.4% | 26.5% | (0.9) | (3.4) |
39.6% | 41.1% | 1.5 |
8.6% | 15.8% | 7.2 |
-2.0% | -14.8% | (12.8) |
29.2% | 26.2% | (3.0) |
Quarter Accumulated
3Q25/2Q25
EBIT Margin - Adjusted (*) 3Q24 2Q25 3Q25 Chg.
Chg.
3Q25/3Q24
9M25
9M24 Chg. pp
2025/2024
ROMI Machines Burkhardt+Weber Machines Rough and Machined Cast Iron Parts | 14.7% -79.5% -17.0% | 17.9% -20.2% -30.9% | 13.5% 4.8% -21.4% | (4.4) 25.0 9.5 | (1.2) 84.3 (4.4) |
Total | 3.4% | 3.3% | 5.8% | 2.5 | 2.4 |
14.7% | 16.4% | 1.7 |
-28.4% | -4.8% | 23.6 |
-20.8% | -33.4% | (12.6) |
4.0% | 3.5% | (0.5) |
(*) 3Q24, 2Q25 and 3Q25: EBIT and EBITDA are adjusted by the amounts of R$10,607, R$772 and (R$77), respectively; and profit by the amounts of R$10,229, R$754 and (R$74), respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on the JK avenue, and the recognition of present value adjustments. (*) 9M24: EBIT and EBITDA are adjusted by the amount of R$26,059; and profit by the amount of R$25,200, related to the recognition of the impacts of the Vila ROMI Residence project and the sale of the land on the JK avenue. 9M25: EBIT and EBITDA are adjusted by the amount of R$971; and profit by the amount of R$945, related to the recognition of the impacts of the Vila ROMI Residence project.
ROMI MACHINES
The gross margin for this Business Unit was 36.1% in 3Q25, representing a decrease of
4.0 p.p. compared to the same quarter in 2024. Year-to-date, the gross margin and EBIT increased by 1.5 p.p. and 1.7 p.p., respectively, mainly due to rapid adaptation to new demand levels and control of operating expenses.
BURKHARDT+WEBER MACHINES
The gross and operating margins of this Business Unit in 3Q25 showed a significant improvement of 44.2 p.p. and 84.3 p.p., respectively, compared to the same period in 2024, mainly impacted by the increase in revenue volume in the periods presented. Year-to-date, the gross margin and EBIT increased by 7.2 p.p. and 23.6 p.p., respectively.
ROUGH AND MACHINED CAST IRON PARTS
The gross margin of this Business Unit decreased by 7.3 p.p. compared to 3Q24, as did the operating margin (EBIT), which decreased by 4.4 p.p. in the same period. The variation is due to lower production volume, as a result of the slowdown in the wind and commercial automotive segments, combined with the high level of fixed costs in this Business Unit. Year-to-date, the gross margin and EBIT fell by 12.8 p.p. and 12.6 p.p., respectively.
EBITDA and EBITDA Margin
In 3Q25, the operating cash generation as measured by adjusted EBITDA amounted to R$38.0 million, representing an adjusted EBITDA margin of 10.9% in the quarter, as shown in the table below:
Reconciliation of
Net Income to EBITDA
Quarter Accumulated
(R$ 000) 3Q24 2Q25 3Q25 Chg.
3Q25/2Q25
Chg.
3Q25/3Q24
Chg.
9M24 9M25
2025/2024
Net Income | 23,724 | 16,374 | 27,356 | 67.1% | 15.3% |
Income tax and social contributions | (3,183) | (1,792) | 4,955 | -376.5% | -255.7% |
Net Financial Income | (1,012) | (3,359) | (12,023) | 257.9% | 1088.0% |
Depreciation and amortization | 14,721 | 17,287 | 17,646 | 2.1% | 19.9% |
EBITDA | 34,250 | 28,510 | 37,934 | 33.1% | 10.8% |
EBITDA Margin | 12.9% | 9.0% | 10.9% | ||
EBITDA - Adjusted (*) | 23,643 | 27,738 | 38,011 | 37.0% | 60.8% |
EBITDA Margin - Adjusted (*) | 8.9% | 8.8% | 10.9% |
72,723 | 53,818 | -26.0% |
(4,752) | (4) | -99.9% |
(11,049) | (20,897) | 89.1% |
44,259 | 51,774 | 17.0% |
101,181 | 84,691 | -16.3% |
13.2% | 26.6% | 13.4 |
75,122 | 83,720 | 11.4% |
9.8% | 26.2% | 16.4 |
Total Net Operating Revenue 264,805 316,095 349,283 10.5% 31.9% 768,518 938,473 22.1%
(*) 3Q24, 2Q25 and 3Q25: EBIT and EBITDA are adjusted by the amounts of R$10,607, R$772 and (R$77), respectively; and profit by the amounts of R$10,229, R$754 and (R$74), 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.
(*) 9M24: EBIT and EBITDA are adjusted by the amount of R$26,059; and profit by the amount of R$25,200, related to the recognition of the impacts of the Vila ROMI Residence project and the sale of the land on the JK avenue. 9M25: EBIT and EBITDA are adjusted by the amount of R$971; and profit by the amount of R$945, related to the recognition of the impacts of the Vila ROMI Residence project.
Adjusted Profit for the Period
Adjusted net income in 3Q25 was R$27.4 million, representing an increase of 15.3% compared to 3Q24, impacted by the results of the Burkhardt+Weber Machinery Unit.
Evolution of Net Cash (Debt) Position
The main changes in net cash position during 9M25, 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 nine months 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$144.2 million in 9M25);
Payment of interest on capital and interim dividends, declared in December and September 2025 and paid during the year, in the amount of R$36,740;
The cash consumption related to inventories reflects the current order backlog.
Advances from customers are consistent with the order backlog, particularly from the subsidiary B+W.
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 September 30, 2025, the amount of financing in local currency was R$181.4 million, and in foreign currency R$231.4 million, totaling R$412.9 million, of which R$95.8 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 September 30, 2025 was negative by R$148.7 million.
As at September 30, 2025, the Company recorded R$264.2 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 September 30, 2025, the Company did not have any derivative transactions.
Capital Markets
Share Performance ROMI3 x Ibovespa
Period: September 29, 2023 to october 20, 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 October 20, 2025 the Company's common shares (ROMI3), which were quoted at R$7.87, posted devaluation of 44.1% since September 29, 2023, and 6.8% since December 31, 2024. The Ibovespa posted increase of 24.0% and 20.1%, respectively, in the same periods.
The Company's market capitalization on October 20, 2025 was R$733.25million. The average daily trading volume during 3Q25 was R$ 1.0 million.
ROMI Bids Farewell to Dr. Romeu
It is with deep sorrow that we say goodbye to Dr. Romeu Romi, co-founder of the Company, who passed away on August 25, 2025. Throughout his 97 years of life, Dr. Romeu held various positions within the company and, for more than 65 years, made exceptional contributions to the growth and consolidation of ROMI, both in Brazil and abroad.
Born on September 15, 1927, Dr. Romeu was the youngest son of Américo Emílio Romi and Olímpia Gelli Romi. Since 1947, he worked alongside his father and brothers, dedicating himself from an early age to the development of the family business. At ROMI, he served as Director of Engineering from 1954 to 1974, Vice President of Operations from 1974 to 1978, Member of the Board of Directors as Vice Chairman, Vice Chairman of the Company's Advisory Board from 1997 to 2009, and Chairman of the Advisory Board from 2010 to 2012.
Always a dedicated learner and attentive to innovation, Dr. Romeu attended numerous international trade shows and exhibitions, ensuring that ROMI remained aligned with global engineering trends. He also stood out as a strong supporter of the Plastic Machinery Division, a segment for which he had particular affection.
His technological legacy endures to this day. Dr. Romeu, was responsible for the development of patents 5,275,550 and 6,524,091, which refer to a
hydromechanical mechanism for locking injection molding machines. These patents were implemented in the Two-Platen (DP) injection machine series and continue to be used today.
A Romilian Tribute
Romeu Romi left a legacy that goes far beyond machines, factories, and business. His journey continues to inspire all of us who are now building Romi's story, always guided by the values he helped instill: hard work, honesty, innovation, and respect for people.
More than a remarkable entrepreneur, Romeu Romi was a true example of humanity - committed to his community, to the development of Brazilian industry, and to future generations.
His name and his story live on in every Romi achievement and in every employee who proudly carries forward his mission.
Romeu Romi - present yesterday, today, and always.
ROMI colleagues.
Consolidated Balance Sheet
Consolidated Balance Sheet
IFRS (R$ 000)
Earnings Release
3rd quarter of 2025
18
ASSETS 09/30/24 12/31/24 06/30/25 09/30/25 LIABILITIES AND SHAREHOLDER'S EQUITY 09/30/24 12/31/24 06/30/25 09/30/25
CURRENT | 1,450,752 | 1,576,066 | 1,498,555 | 1,537,432 |
Cash and Cash equivalents | 181,226 | 262,220 | 195,239 | 204,420 |
Financial investments | 58,349 | 99,476 | 51,233 | 59,793 |
Trade accounts receivable | 163,839 | 209,783 | 190,653 | 200,934 |
Trade accounts receivable - PRODZ financing | 55,379 | 51,476 | 55,308 | 62,842 |
Onlending of Finame manufacturer financing | 163,891 | 177,517 | 171,411 | 170,977 |
Inventories | 782,304 | 715,544 | 742,290 | 739,316 |
Invetories of rental machines intended for sale | 22,987 | 26,766 | 30,900 | |
Recoverable taxes | 26,302 | 18,609 | 31,495 | 36,756 |
Other receivables | 19,462 | 18,454 | 34,160 | 31,494 |
NON CURRENT | 383,034 | 409,768 | 416,716 | 435,305 |
Trade accounts receivable | 7,289 | 21,846 | 17,813 | 19,455 |
Trade accounts receivable - PRODZ financing | 65,596 | 29,508 | 22,909 | 24,530 |
Onlending of Finame manufacturer financing | 193,766 | 248,657 | 249,952 | 254,768 |
Recoverable taxes | 63,867 | 65,599 | 68,046 | 70,395 |
Deferred income and social contribution taxes | 31,384 | 23,288 | 33,057 | 31,397 |
Judicial Deposits | 12,131 | 12,131 | 12,131 | 19,241 |
Other receivables | 9,001 | 8,739 | 12,808 | 15,519 |
INVESTMENTS | ||||
Property, Plant and Equipment | 509,423 | 497,420 | 532,432 | 544,222 |
Investment Properties | 14,283 | 14,283 | 14,283 | 14,283 |
Intangible assets | 47,322 | 49,086 | 47,220 | 45,070 |
954,062 | 970,557 | 1,010,651 | 1,038,880 | |
TOTAL ASSETS | 2,404,814 | 2,546,623 | 2,509,206 | 2,576,312 |
CURRENT | 740,643 | 761,139 | 689,363 | 742,568 |
Loans and financing | 162,590 | 147,148 | 62,969 | 95,793 |
Finame manufacturer financing | 150,455 | 196,847 | 159,316 | 156,567 |
Trade accounts payable | 137,666 | 110,420 | 104,529 | 113,832 |
Payroll and related taxes | 52,462 | 38,096 | 44,502 | 50,418 |
Taxes payables | 7,007 | 10,820 | 10,524 | 13,592 |
Advances from customers | 173,867 | 187,257 | 242,006 | 227,729 |
Related parties | 2,286 | 4,797 | 1,323 | 2,650 |
Dividends | 19,431 | 17,817 | 14,618 | 28,955 |
Provision for contingent liabilities | 5,158 | 5,921 | 4,875 | 7,347 |
Other payables | 29,721 | 42,016 | 44,701 | 45,685 |
NON CURRENT | 462,107 | 556,471 | 596,958 | 602,932 |
Loans and financing | 230,729 | 317,259 | 312,881 | 317,070 |
Finame manufacturer financing | 187,323 | 194,230 | 239,546 | 241,289 |
Deferred income and social contribution taxes | 36,759 | 38,660 | 38,093 | 36,780 |
Reserve for contingencies | 930 | 451 | 2,213 | 3,683 |
Other payables | 6,366 | 5,871 | 4,225 | 4,110 |
TOTAL LIABILITIES | 1,202,750 | 1,317,610 | 1,286,321 | 1,345,500 |
SHAREHOLDER'S EQUITY | 1,199,632 | 1,226,745 | 1,221,272 | 1,229,154 |
Capital | 988,470 | 988,470 | 988,470 | 988,470 |
Retained earnings | 128,926 | 150,565 | 143,324 | 153,863 |
Cumulative translation adjustments | 82,236 | 87,710 | 89,478 | 86,821 |
NON CONTROLLING INTERESTS | 2,432 | 2,268 | 1,613 | 1,658 |
TOTAL SHAREHOLDER'S EQUITY | 1,202,064 | 1,229,013 | 1,222,885 | 1,230,812 |
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY | 2,404,814 | 2,546,623 | 2,509,206 | 2,576,312 |
3Q25/2Q25
Consolidated Income Statement
Consolidated Income Statement
IFRS (R$ 000)
3Q24 2Q25 3Q25 Chg.
Chg.
3Q25/3Q24
Chg.
9M24 9M25
2025/2024
768,518
(544,360)
224,158
29.2%
938,473
(692,521)
245,952
26.2%
22.1%
27.2%
9.7%
(167,236) (213,035)
(85,375)
(23,667)
(75,154)
(9,571)
26,531
56,922
7.4%
30,863
4.0%
11,049
23,511
(17,408)
4,946
67,971
4,752
72,723
9.5%
47,523
6.2%
(99,049)
(24,540)
(82,080)
(11,828)
4,462
32,917
3.5%
31,946
3.4%
20,897
36,846
(19,315)
3,366
53,814
4
53,818
5.7%
52,873
5.6%
27.4%
16.0%
3.7%
9.2%
23.6%
-83.2%
-42.2%
3.5%
89.1%
56.7%
11.0%
-31.9%
-20.8%
-99.9%
-26.0%
11.3%
71,747
976
53,616
202
-25.3%
-79.3%
101,181
72,723
(4,752)
(11,049)
44,259
13.2%
75,122
9.8%
93,171
0.77
84,691
53,818
(4)
(20,897)
51,774
9.0%
83,720
8.9%
93,171
0.58
-16.3%
-26.0%
-99.9%
89.1%
17.0%
11.4%
Net Operating Revenue | 264,805 | 316,095 | 349,283 | 10.5% | 31.9% |
Cost of Goods Sold | (185,554) | (229,467) | (256,633) | 11.8% | 38.3% |
Gross Profit | 79,251 | 86,628 | 92,650 | 7.0% | 16.9% |
Gross Margin % | 29.9% | 27.4% | 26.5% | ||
Operating Expenses | (59,722) | (75,405) | (72,362) | -4.0% | 21.2% |
Selling expenses | (31,776) | (34,184) | (36,183) | 5.8% | 13.9% |
Research and development expenses | (8,184) | (8,805) | (8,017) | -8.9% | -2.0% |
General and administrative expenses | (27,392) | (29,689) | (26,004) | -12.4% | -5.1% |
Management profit sharing and compensation | (3,151) | (3,463) | (4,455) | 28.6% | 41.4% |
Other operating income, net | 10,781 | 736 | 2,297 | 212.1% | -78.7% |
Operating Income (loss) before Financial Results | 19,529 | 11,223 | 20,288 | 80.8% | 3.9% |
Operating Margin % | 7.4% | 3.6% | 5.8% | ||
Operating Income (loss) before Financial Results - Adjusted (*) | 8,922 | 10,451 | 20,365 | 94.9% | 128.3% |
Operating Margin % - Adjusted (*) | 3.4% | 3.3% | 5.8% | ||
Financial Results, Net | 1,012 | 3,359 | 12,023 | 257.9% | 1088.0% |
Financial income | 6,661 | 9,014 | 17,825 | 97.7% | 167.6% |
Financial expenses | (6,013) | (6,154) | (6,328) | 2.8% | 5.2% |
Exchance gain (loss), net | 364 | 499 | 526 | 5.4% | 44.5% |
Operations Operating Income | 20,541 | 14,582 | 32,311 | 121.6% | 57.3% |
Income tax and social contribution | 3,183 | 1,792 | (4,955) | -376.5% | -255.7% |
Net Income | 23,724 | 16,374 | 27,356 | 67.1% | 15.3% |
Net Margin % | 9.0% | 5.2% | 7.8% | ||
Net income - Adjusted (*) | 13,495 | 15,620 | 27,434 | 75.6% | 103.3% |
Net Margin % - Adjusted (*) | 5.1% | 4.9% | 7.9% | ||
Net profit concerning: | |||||
Controlling interests | 22,958 | 16,329 | 27,311 | 67.3% | 19.0% |
Non controlling interests | 766 | 45 | 45 | 0.0% | -94.1% |
EBITDA | 34,250 | 28,510 | 37,934 | 33.1% | 10.8% |
Profit for the period | 23,724 | 16,374 | 27,356 | 67.1% | 15.3% |
Income tax and social contribution | (3,183) | (1,792) | 4,955 | -376.5% | -255.7% |
Financial result, net | (1,012) | (3,359) | (12,023) | 257.9% | 1088.0% |
Depreciation and amortization | 14,721 | 17,287 | 17,646 | 2.1% | 19.9% |
EBITDA Margin % | 12.9% | 9.0% | 10.9% | ||
EBITDA - Adjusted (*) | 23,643 | 27,738 | 38,011 | 37.0% | 60.8% |
EBITDA Margin % - Adjusted (*) | 8.9% | 8.8% | 10.9% | ||
Nº of shares in capital stock (th) | 93,171 | 93,171 | 93,171 | ||
Profit per share - R$ | 0.25 | 0.18 | 0.29 |
(*) 3Q24, 2Q25 and 3Q25: EBIT and EBITDA are adjusted by the amounts of R$10,607, R$772 and (R$77), respectively; and profit by the amounts of R$10,229, R$754 and (R$74), respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on the JK avenue, and the recognition of present value adjustments.
(*) 9M24: EBIT and EBITDA are adjusted by the amount of R$26,059; and profit by the amount of R$25,200, related to the recognition of the impacts of the Vila ROMI Residence project and the sale of the land on JK avenue. 9M25: EBIT and EBITDA are adjusted by the amount of R$971; and profit by the amount of R$945, related to the recognition of the impacts of the Vila ROMI Residence project.
Consolidated Cash Flow Statement
Consolidated Cash Flow Statement
IFRS (R$ 000)
3Q24 | 1Q25 | 2Q25 | 3Q25 | 9M24 | 9M25 | |
Cash from operating activities Net Income before taxation | 20,541 | 6,921 | 14,582 | 32,311 | 67,971 | 53,814 |
Financial expenses and exchange gain | 1,725 | (5,984) | (48,850) | (10,149) | 4,337 | (64,983) |
Depreciation and amortization | 14,723 | 16,841 | 17,287 | 17,287 | 44,261 | 51,415 |
Allowance for doubtful accounts and other receivables | 2,155 | 3,124 | (16,165) | 10,830 | 3,630 | (2,211) |
Proceeds from sale of fixed assets and intangibles | (10,128) | 11,652 | 12,868 | 15,041 | (27,385) | 39,561 |
Provision for inventory realization | 1,676 | 1,900 | 917 | 114 | 1,628 | 2,931 |
Reserve for contingencies | 221 | 107 | 155 | 2,355 | 1,193 | 2,617 |
Trade accounts receivable | 11,555 | 39,110 | (8,889) | (36,412) | 13,324 | (6,191) |
Onlending of Finame manufacturer financing | 17,427 | 1,225 | 3,277 | (4,095) | 71,838 | 407 |
Inventories | (94,443) | (14,140) | (12,219) | (8,257) | (175,855) | (34,616) |
Recoverable taxes, net | (13,775) | (16,414) | (8,688) | 1,226 | (34,982) | (23,876) |
Judicial deposits | - | - | - | - | 19 | - |
Other receivables | 9,889 | (6,316) | (12,524) | 7,200 | 6,062 | (11,640) |
Trade accounts payable | 33,024 | 5,812 | (6,246) | 12,039 | 54,651 | 11,605 |
Payroll and related taxes | 7,779 | (2,142) | 8,548 | 5,916 | 13,397 | 12,322 |
Taxes payable | (2,713) | (896) | 6,149 | (8,909) | 3,693 | (3,656) |
Advances from customers | 10,177 | 15,005 | 39,744 | (14,277) | 64,057 | 40,472 |
Other payables | (3,202) | (2,975) | 2,665 | 4,605 | (1,453) | 4,295 |
Cash provided by (used in) operating activities | 6,631 | 52,830 | (7,389) | 26,825 | 110,386 | 72,266 |
Income tax and social contribution paid | (3,182) | (602) | (555) | (1,467) | (3,812) | (2,624) |
Net Cash provided by (used in) operating activities | 3,449 | 52,228 | (7,944) | 25,358 | 106,574 | 69,642 |
Financial Investments | (41,615) | 46,885 | 1,358 | (8,560) | (26,283) | 39,683 |
Purchase of fixed assets | (39,627) | (40,771) | (52,643) | (49,048) | (118,043) | (142,462) |
Sales of fixed assets | 25,133 | 1,021 | 147 | 3,629 | 64,933 | 4,797 |
Purchase of intangible assets | - | - | - | - | (11) | - |
Net cash Used in Investing Activities | (56,109) | 7,135 | (51,138) | (53,979) | (79,404) | (97,982) |
Interest on capital paid | (18,376) | (20,777) | (16,775) | (2,440) | (27,875) | (39,992) |
New loans and financing | 13,417 | 28,844 | 8,993 | 54,738 | 81,467 | 92,575 |
Payments of loans and financing | (13,848) | (80,761) | 15,873 | (4,609) | (105,818) | (69,497) |
Interests paid (including Finame manufacturer financing) | (11,817) | (5,754) | (6,658) | (30,145) | (35,550) | (42,557) |
New loans in Finame manufacturer | 27,731 | 44,774 | 53,636 | 59,817 | 96,586 | 158,227 |
Payment of Finame manufacturer financing | (42,967) | (42,092) | (44,900) | (44,034) | (128,525) | (131,026) |
Net Cash provided by (used in) Financing Activities | (45,476) | (75,766) | 10,169 | 33,327 | (119,715) | (32,270) |
Increase (decrease) in cash and cash equivalents | (98,136) | (16,403) | (48,913) | 4,706 | (92,545) | (60,610) |
Exchange variation changes on cash and cash equivalents abroad | (5,925) | (3,454) | 1,791 | 4,474 | (8,646) | 2,810 |
Cash and cash equivalents - beginning of period | 285,288 | 262,220 | 242,363 | 195,241 | 282,418 | 262,220 |
Cash and cash equivalents - end of period | 181,226 | 242,363 | 195,241 | 204,420 | 181,226 | 204,420 |
Attachment I - Income Statement by Business Unit
Income Statement by Business Units - 3Q25
R$ 000
ROMI
Machines
Burkhardt + Weber Machines
Rough and Machined Cast Iron Parts
Total
Net Operating Revenue | 197,815 | 99,549 | 51,919 | 349,283 |
Cost of Sales and Services | (106,872) | (76,247) | (73,514) | (256,633) |
Business Units Transfers | 945 | - | 20,428 | 21,374 |
Business Units Transfers | (20,428) | - | (945) | (21,374) |
Gross Profit | 71,460 | 23,302 | (2,112) | 92,650 |
Gross Margin % | 36.1% | 23.4% | -4.1% | 26.5% |
Operating Expenses | (44,788) | (18,551) | (9,023) | (72,362) |
Selling | (24,822) | (9,523) | (1,838) | (36,183) |
General and Administrative | (12,627) | (9,028) | (4,349) | (26,004) |
Research and Development | (6,658) | - | (1,359) | (8,017) |
Management profit sharing | (2,978) | - | (1,477) | (4,455) |
Other operating revenue | 2,297 | - | - | 2,297 |
Operating loss before Financial Results - Adjusted (*) | 26,672 | 4,751 | (11,135) | 20,288 |
Operating Margin % - Adjusted (*) | 13.5% | 4.8% | -21.4% | 5.8% |
Depreciation and amortization | 11,741 | 1,741 | 4,164 | 17,646 |
EBITDA - Adjusted (*) | 38,412 | 6,492 | (6,971) | 37,934 |
EBITDA Margin % - Adjusted (*) | 19.4% | 6.5% | -13.4% | 10.9% |
Income Statement by Business Units - 3Q24
R$ 000
ROMI
Machines
Burkhardt + Weber Machines
Rough and Machined Cast Iron Parts
Total
Net Operating Revenue | 202,256 | 16,423 | 46,126 | 264,805 |
Cost of Sales and Services | (96,455) | (19,843) | (69,256) | (185,554) |
Business Units Transfers | 639 | - | 25,268 | 25,907 |
Business Units Transfers | 25,268 | - | (639) | (25,907) |
Gross Profit | 81,172 | (3,420) | 1,499 | 79,251 |
Gross Margin % | 40.1% | -20.8% | 3.2% | 29.9% |
Operating Expenses | (51,366) | (9,633) | (9,330) | (70,329) |
Selling | (27,485) | (2,547) | (1,744) | (31,776) |
General and Administrative | (15,505) | (7,086) | (4,801) | (27,392) |
Research and Development | (6,456) | - | (1,728) | (8,184) |
Management profit sharing | (2,093) | - | (1,058) | (3,151) |
Other operating revenue | 174 | - | - | 174 |
Operating loss before Financial Results - Adjusted (*) | 29,806 | (13,053) | (7,831) | 8,922 |
Operating Margin % - Ajusted (*) | 14.7% | -79.5% | -17.0% | 3.4% |
Depreciation and amortization | 9,132 | 1,958 | 3,631 | 14,721 |
EBITDA - Adjusted (*) | 38,938 | (11,095) | (4,200) | 23,643 |
EBITDA Margin % - Adjusted (*) | 19.3% | -67.6% | -9.1% | 8.9% |
(*) 3Q24, 2Q25 and 3Q25: EBIT and EBITDA are adjusted by the amounts of R$10,607, R$772 and (R$77), respectively; and profit by the amounts of R$10,229, R$754 and (R$74), respectively, related to the recognition of the impacts of the Vila Romi Residence project, the sale of the land on the JK avenue, and the recognition of present value adjustments.
Income Statement by Business Units - 9M25
R$ 000
ROMI
Machines
Burkhardt
+ Weber
Raw and Machined Cast Iron Parts
Total
Net Operating Revenue | 562,633 | 230,895 | 144,945 | 938,473 | |
Cost of Sales and Services | (279,870) | (194,389) | (218,263) | (692,521) | |
Business Units Transfers | 2,271 | - | 54,072 | 56,343 | |
Business Units Transfers | (54,072) | - | (2,271) | (56,343) | |
Gross Profit | 230,963 | 36,506 | (21,517) | 245,952 | |
Gross Margin % | 41.1% | 15.8% | -14.8% | 26.2% | |
Operating Expenses | (138,575) | (47,519) | (26,940) | (213,035) | |
Selling | (71,400) | (22,526) | (5,123) | (99,049) | |
General and Administrative | (43,671) | (24,993) | (13,415) | (82,080) | |
Research and Development | (19,970) | - | (4,570) | (24,540) | |
Management profit sharing | (7,996) | - | (3,832) | (11,828) | |
Other operating revenue | 4,462 | - | - | 4,462 | |
Operating loss before Financial Results - Adjusted (*) | 92,387 | (11,013) | (48,457) | 32,917 | |
Operating Margin % - Ajusted (*) | 16.4% | -4.8% | -33.4% | 3.5% | |
Depreciation and amortization | 34,028 | 5,289 | 12,457 | 51,774 | |
EBITDA - Adjusted (*) | 126,415 | (5,724) | (36,000) | 84,691 | |
EBITDA Margin % - Adjusted (*) | 22.5% | -2.5% | -24.8% | 9.0% | |
Income Statement by Business Units - 9M24
R$ 000
ROMI
Machines
Burkhardt
+ Weber
Raw and Machined Cast Iron Parts
Total
Net Operating Revenue | 554,365 | 82,199 | 131,954 | 768,518 | |
Cost of Sales and Services | (278,195) | (75,163) | (191,001) | (544,360) | |
Business Units Transfers | 1,692 | - | 58,057 | 59,749 | |
Business Units Transfers | (58,057) | - | (1,692) | (59,749) | |
Gross Profit | 219,805 | 7,036 | (2,683) | 224,158 | |
Gross Margin % | 39.6% | 8.6% | -2.0% | 29.2% | |
Operating Expenses | (138,113) | (30,399) | (24,783) | (193,295) | |
Selling | (70,527) | (9,817) | (5,030) | (85,375) | |
General and Administrative | (42,566) | (20,581) | (12,006) | (75,154) | |
Research and Development | (18,846) | - | (4,821) | (23,667) | |
Management profit sharing | (6,646) | - | (2,925) | (9,571) | |
Other operating revenue | 472 | - | - | 526 | |
Operating loss before Financial Results - Adjusted (*) | 81,692 | (23,363) | (27,466) | 30,863 | |
Operating Margin % - Ajusted (*) | 14.7% | -28.4% | -20.8% | 4.0% | |
Depreciation and amortization | 28,087 | 5,438 | 10,734 | 44,259 | |
EBITDA - Adjusted (*) | 110,605 | 17,925 | (16,732) | 75,948 | |
EBITDA Margin % - Adjusted (*) | 20.0% | -21.8% | -12.7% | 9.8% | |
(*) 9M24: EBIT and EBITDA are adjusted by the amount of R$26,059; and profit by the amount of R$25,200, related to the recognition of the impacts of the Vila ROMI Residence project and the sale of the land on the JK avenue. 9M25: EBIT and EBITDA are adjusted by the amount of R$971; and profit by the amount of R$945, 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 09/30/24 06/30/25 30/09/25
CURRENT | 44,386 | 45,613 | 44,373 |
Cash and Cash equivalents | 181 | 4,110 | 2,703 |
Trade accounts receivable | 4,126 | 9,043 | 11,030 |
Inventories | 36,226 | 27,043 | 25,143 |
Recoverable taxes | 403 | 733 | 717 |
Deferred income and social contribution taxes | 2,450 | 2,432 | 2,314 |
Related Parties | 108 | 405 | 914 |
Other receivables | 892 | 1,847 | 1,553 |
Investments | |||
Property, plant and equipment | 11,933 | 11,253 | 11,190 |
Intangible assets | 7,725 | 7,321 | 7,197 |
TOTAL ASSETS | 64,044 | 64,187 | 62,760 |
LIABILITIES AND SHAREHOLDER'S EQUITY 09/30/24 06/30/25 30/09/25
CURRENT | 37,280 | 40,468 | 39,008 |
Loans and financing | 2,145 | 354 | 354 |
Trade accounts payable | 3,637 | 1,591 | 2,167 |
Payroll and related taxes | 1,556 | 1,386 | 1,400 |
Taxes payable | 12 | 427 | 434 |
Advances from customers | 21,209 | 28,974 | 27,052 |
Other payables | 2,061 | 3,713 | 3,893 |
Related Parties | 6,661 | 4,023 | 3,708 |
NON CURRENT | 10,604 | 7,049 | 6,943 |
Loans and financing | 7,210 | 3,777 | 3,708 |
Deferred income and social contribution taxes | 3,394 | 3,272 | 3,235 |
SHAREHOLDER'S EQUITY | 16,160 | 16,669 | 16,809 |
Capital | 7,025 | 7,025 | 7,025 |
Profit (losses) accumulated | 9,135 | 9,644 | 9,784 |
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY | 64,044 | 64,186 | 62,760 |
Burkhardt + Weber Income
(€ 000)
Statement
3Q24 2Q25 3Q25 9M24 9M25
Net Operating Revenue | 3,008 | 8,637 | 16,124 |
Cost of Goods Sold | (3,362) | (8,182) | (12,392) |
Gross Profit | (354) | 455 | 3,732 |
Gross Margin % | -11.8% | 5.3% | 23.1% |
Operating Expenses | (2,040) | (2,260) | (3,016) |
Selling expenses | (511) | (998) | (1,543) |
General and administrative expenses | (1,529) | (1,262) | (1,472) |
Operating Income before Financial Results | (2,394) | (1,806) | 716 |
Operating Margin % | -79.6% | -20.9% | 4.4% |
Financial Results, Net | (181) | (142) | (16) |
Net Income before tax and social contributio | (2,576) | (1,948) | 701 |
Income tax and social contribution | 648 | 470 | (118) |
Net income | (1,928) | (1,477) | 583 |
Net Margin % | -64.1% | -17.1% | 3.6% |
EBITDA | (2,227) | (1,524) | 990 |
Net income / loss for the period | (1,928) | (1,477) | 583 |
Income tax and social contribution | (648) | (470) | 118 |
Financial income, net | 181 | 142 | 16 |
Depreciation and amortization | 168 | 281 | 274 |
EBITDA Margin % | -74.0% | -17.6% | 6.1% |
15,035 | 36,660 |
(13,150) | (30,864) |
1,885 | 5,796 |
12.5% | 15.8% |
(5,812) | (7,545) |
(1,825) | (3,576) |
(3,987) | (3,968) |
(3,927) | (1,749) |
-26.1% | -4.8% |
(408) | (472) |
(4,334) | (2,220) |
1,288 | 743 |
(3,047) | (1,477) |
-20.3% | -4.0% |
(3,434) | (1,185) |
(3,047) | (1,477) |
(1,288) | (743) |
408 | 472 |
493 | 564 |
-22.8% | -3.2% |