Good morning, ladies and gentlemen, and welcome to the Eletromidia Earnings Conference Call to discuss the second quarter of 2023. We would like to share some instructions with you before we get started. Should you need simultaneous interpretation, please click on the globe icon at the bottom of the screen and choose Portuguese or English. Who need a simultaneous translation, click on language interpretation button through the globe icon and choose their preferred language, Portuguese or English. The video and the presentation of this video conference will be made available on the company's IR website, ri.eletromidia.com.br, and on the CVM after the end of the trading session. Please know that all participants are in a listen-only mode during the video conference. After that, we'll open the call to questions and further instructions will be provided. We would like to inform you that forward-looking statements are subject to risks and uncertainties, which may cause these expectations not to come to pass or to be materially different from our expectations. These forward-looking statements are based on the beliefs and assumptions of the company on the date they are made and do not need to be updated. With us today, we have Alexandre Guerrero, our CEO, and Ricardo Winandy, our CFO and IRO. I now would like to turn the floor over to Mr. Guerrero, who will start the presentation. Mr. Alexandre, please, you may begin, sir. Good morning, everyone, and welcome to our earnings call. We're gonna be discussing our second quarter, 2023. A lot was done in this period. We had new projects, and we have accelerated our strategy to continue to grow through the core expansion. Technology has driven our conversations internally and externally, be it in developing our ads platform, in developing solutions to the problems of the cities, and in building bridges to tap into markets that are not yet explored, or through AI as a new tool for conversations in our buildings vertical. We have had a good increase in revenue in our results compared to the second quarter, 2022, and that's well in line with the seasonality expected in our segment. Our revenue was BRL 112 million. We have started now reaping the fruit from the strategies that we have employed, focusing on better sales quality and more accurate and administrative sales. Ricardo Winandy will flesh that out with more details. We had BRL 408 million in revenue in the first half of the year, a 19% increase year-on-year. Our EBITDA was BRL 100 million. That is a significant increase of 88% year-on-year. This is a very strong quarter and a second quarter that is in line with the first quarter. The first half of the year is well in line with our expectations. A campaign that really had a lot of impact in this quarter, and most of you have seen it probably, is the Guarded Bus Stop or Abrigo Amigo, the Friendly Shelter, as we like to call it. This is a project that was awarded the Gold and Bronze Lions in the Cannes Festival, and it's very important to our industry that is being seen from the whole globe. With the AlmapBBDO, we have created a technology to address one of the main social challenges in some of the cities of the country. Being unaccompanied at a bus stop in the middle of the night is difficult for anyone, but it's particularly difficult for a woman. Using our digital shelters, equipped with microphones and cameras and with access to the internet, a sensor will recognize when there is only a woman alone at the shelter, and you can have a call with a professional who will be keeping that woman company until the bus has arrived, increasing security levels and making the person who is waiting for the bus alone, more comfortable, especially if you're in a deserted place. We're working to expand this initiative, counting on the sponsorship by major brands, so that we can have security and company provided at different bus stops in different cities of the country. We're going to have the project installed in some public. Major events will always transform how cities work, and that allows for companies like ours to join this conversation, bringing an experienced creativity at the division. We've got big news to share with you. As of this year, we will be partnering up with Formula One. In the season 2023, already we're starting. We'll be the first out-of-home outlet to be part of the Grand Prix. São Paulo, and São Paulo Grand Prix is the most finished event in the country. We also have a new partnership contract with Brazilian. To pass and win this immediate start, because increase was easy. We got to learn that and we have more confidence to share. Outside of our street furniture, we'll be able to offer even more complete solutions. Now we Now we have the first stock installed, as you can see in this picture. FCC already operating, and we have already signed installation contracts as well. As you can further see, this is the presence in the market. As a company, we will be offering a more structured media portfolio that was not as tapped into in the market. Again, we are seeing a lot of validations in great demand and with our presence in the streets, especially in Campinas, the main capital of Brazil, according to the IBGE data. There are still a lot of opportunities around the country that also are related to attitude. This is one of the platforms, digital platforms, that increase the LGBTQIA+ community is always at our presence, and this This is one of the platforms, digital platforms, that increase the LGBTQIA+ community is always at our presence, and this year is where we focus on the talent and we go to and engage with the market for million people and showing that agency and our platform are doing this to be part of it. In conclusion, I want to add that with the presence that we exist, we create a better version of ourselves, and now we can change others' lives. The potential of these actions and practices. Our role to bring in innovation and creativity, and transform the cities. Now, speaking of technology, we can see that data continues to transform our industry, too, and that allows us to provide more interesting opportunities to the brands and to the agencies in the advertising market. Our data lake allows us to generate metrics with over 600 interest filters, so each campaign can be much more accurate. In the second quarter, we launched a feature of the creative sense. We can now upload media, so the agents and agencies and advertisers can be much more independent. They can create their own campaigns, and they can send the creative content and adapt the communications as quickly as they need to. You can replace artistic pieces anytime of the day directly on the platform. Still, still talking about technology, we have launched, using AI, a platform to automate communication in elevators. With that, everything becomes simpler. The layout is ready, and it's very, very easy to use. Try and imagine how much easier it will become for those who are in charge of communication in buildings. In less than two months, we have had over 16,000 communications created through this platform. That shows how much potential this innovative solution is and how efficient it can be. Lastly, during this period, we also had significant progress in our platform for SMEs. We have developed the platform with new features, and what got us more excited is that we have now reached 1 million reels sold for small and medium businesses. This is really a major achievement. This SMB market was untapped before by the out-of-home market, by the out-of-home segment. This validates the demand for our product and shows that our platform can be used, and it shows that we are on the right path. This is a total addressable market of BRL 25 billion in Brazil. Agreement with Globo. Globo had 10.7% of our share, now holds 19.2% of our capital. We are absolutely positive that this new partner is certainly going to contribute a lot to the discussions on our board and our strategic business committee. I'll now turn the floor over to Ricardo, and he will flesh out with figures, the results that we had in 2Q 2022. Ricardo, over to you. Thank you, Guerrero. Hello, everyone. Good morning. Thank you for joining our conference. The results we had in the second quarter continue to show that we have very good results compared to 2022. We had an increase in all of our indicators, in spite of the very challenging macroeconomic scenario. We had BRL 212 million in gross revenue in the second quarter, and we totaled BRL 408 million in revenue in the period, a 19% growth year-on-year, with a highlight to the streets and buildings verticals. We have now contracts with better margins, and we have employed better cost control, so we now have BRL 50 million in EBITDA, totaling the year with BRL 101 million, with a margin of 27% and a result 88% higher than 2022. With that, we had a net profit of BRL 37.4 million in the quarter, pardon me, in the half of the year, the first half, almost 36-fold more than what we had in the first, in last year, in 2021, in the first half. With a 10% year-to-date figure. That is 5.2 times grower year, greater, pardon me, year-on-year, a total of BRL 159 million, before interest rates are paid, before interest is paid. Speaking about our advertising assets in general, we had 64.2 thousand panels, 46 thousand of which are digital. That is an increase of 500 new assets year-on-year, especially digital ones. In the streets, we had almost 700 new digital panels in comparison to 2022. That allowed for a national network close to 1,200 digital totems. There is a 15.5% increase in the last quarter alone. That is an effort that had already started in the last quarter last year, installing new assets, especially in Porto Alegre and Campinas, the new concessions. Also the clocks in Recife as of, as of this year, and the new shelters and street clocks with the new concession we got in Salvador, starting this quarter. This also shows the rollout of our new partnerships with the bicycle sharing initiatives, especially in Brasilia and the newest installations we had in the city of Curitiba. Considering our growth in the streets and the improvement of our entry in the main locations, we had reduced static assets in regions that had lower demand, commercially speaking, especially in street shelters in São Paulo, aiming to reduce costs in the maintenance of our shelter costs and also improving our margins. We had an increase, or pardon me, a reduction of 167 assets, right? 700, with an increase of 700 digital ones, 2.3 times the number we had in 2022. In buildings, we had 30.9 thousand screens, with a 9% increase in the installations of buildings in, in the elevators, especially residential buildings. There's still a green field and a broad one, in spite of the accelerated rhythm of installations we have had since 2021. In shopping malls, we had an organic growth of 10 major formats, nationally speaking, and we had 3,300 new digital assets installed in the past 12 months. Lastly, transports, we had the reduction of some assets because we have finalized two new contracts, or pardon me, two old contracts from 2022. We're now focusing on projects with better margins and considering our product mix based on the cities, considering also new concessions and street furniture. When we look at our sales performance, we had BRL 408 million in revenue in the first half, 19% higher year-on-year, totaling BRL 94 million revenue in the past 12 months. We had BRL 112 million in the quarter. When you compare it to 2022, with the consolidated acquisitions and with the more normalized audience, we see a 32% increase in the streets vertical, also 32% increase in buildings, and 27% in shopping malls, with a reduction in the transport vertical, mainly due to the discontinued contracts, as I have just mentioned. Excluding the effect of this, the these discontinued contracts, we had an increase or a growth of 18.7% in the second quarter. We had, in the whole first half, BRL 408 million in gross revenue, 19% higher than in 2022, especially due to the performance we had in buildings and street furniture verticals. The streets vertical now accounts for 46% of our total revenue, in comparison to about 25% last year. This performance is a result of the consolidation of the investments we have had in this period, including the new concessions, digitization of the asset base with the acquisitions we had, and also the fact that we're becoming more important, more relevant with the national digital network. That's absolutely unprecedented for advertising the segment. In buildings, we had the second largest vertical in the first half of the year, 32% higher year-on-year. We have BRL 79 million in revenue, in the period, 19% of our total revenue. Excluding the discontinued contracts that account for the transport revenue, we see a 42% increase in the first half, or 23%, including the pro forma figures, including or considering the pro forma figures, including acquisitions. The out-of-home segment has clear seasonality, and the 2nd half of the year has better results than the 1st half of the year, especially the last quarter of the year having the best results. The 1st half of the year generally accounts for about 40% of the total revenue of the year. We see an increase in the last 12 months of 39% compared to the previous period. That's comparable to the whole year, January to December in 2022, that was BRL 874 million. We see an improvement of four percentage points in the quarter for our EBITDA and EBITDA margin, and 9 percentage points in the 1st half, getting to BRL 101 million in EBITDA in the 1st half, with a margin of 27%, compared to BRL 54 million and 18% margin in the previous year. There is an 88% improvement in the general result for the period. That is accounted for by the improvement in our margins and better cost control. With the expansion of operations and our continuous investment in technology, which is key for the company. With that, we have reached BRL 199 million in our EBITDA in the last twelve months, with a 34% margin that is more than twice as much compared to the previous year. With this result, we see 34%, pardon me, BRL 34 million in adjusted profit, 5 times as much as we had in 2022. Our net earnings in the half is BRL 37 million, with a net margin of 10%. That is BRL 36 million higher than in the previous year, in spite of the financial expenses and the increase in interest rates in Brazil. In the past 12 months, we reached BRL 141 million in our profit, with a net margin of 16%, comparable to BRL 36 million in the same period last year. It's almost a fourfold increase. When we analyze our cash generation in this quarter, we see a conversion that is close to 90% for our EBITDA, for our operating generations and for cash operations before the payment of interest, with BRL 41.1 million or BRL 39.9 million net, comparable to BRL 6.8 million in the previous year, or 5.9 times than the number of 2022. We had investments at BRL 48 million in the quarter, BRL 34.2 million for devices and equipment for the new installations. We have also had about BRL 8 million, related mainly to payments deferred from acquisitions. In 2022, last year, the impact on investments had to do with the upfront payment of the Otima acquisition. That was the main use we had for our IPO proceeds. We had in the quarter also the loan at the value of BRL 118 million, with line 4131 to be paid in 3 years. We have then cash at BRL 208 million, a net debt of BRL 143 million, representing 1.8x the EBITDA of the past 12 months. Again, this is a quarter with very solid results, in line with the first quarter we had in 2023, with historic growth, and we continue to expand our margins and our operating cash. Now I'd like to turn the floor back over to Guerrero for his final remarks. Thank you, Ricardo. First and foremost, I'd like to once again say how strong our first quarter was. Reach more people. Giving the advertising market unprecedented solutions in out-of-home. We're now connecting better with our audience and giving our business more opportunities. Another important point is our commitment concerning ESG, especially the Friendly Shelter, Abrigo Amigo initiative. This is a clear example of how we can be a responsible company, aware of the climate needs, and we can contribute positively to the city that we are considered in, or rather, climate social needs, pardon me. It's very rewarding to be part of this, this project, and I'd like to wholeheartedly thank our whole Eletromidia team, our shareholders, our board. I'd like to thank you for supporting us in building a better company by the day, focusing on the short term without losing sight of the medium to long term. We'll now start the Q&A session, and Ricardo and myself will be available to answer whatever questions you may have. We'll now start the Q&A session for investors and analysts. You may send your questions in writing using the Q&A icon at the bottom of the screen. Please send your questions in writing. When your name has been called out, a window will pop out for you to unmute your microphone. Should you prefer, our operator can read out your question. Our first question comes from Bernardo Guttmann, from XP Investimentos. Good morning, everyone. Can you hear me? Yes, we can hear you. Good morning. Good morning, everyone, and thank you for taking my question. First and foremost, thank, I mean, I'd like to congratulate you for the Abrigo Amigo, the Friendly Shelter project. It's a very special project and has a very good impact on the city. I've got two questions. The first has to do with growth levers that you may have, especially from the capital allocation perspective. After the M&As, the more, a more organic track would seem more logical. What makes more sense to you, an organic or an organic approach to growth? When you think about inorganic growth, there are many other options when you think about new bids and also the acceleration of the street furniture and the digitalization of some other assets. How do you see this mix? My second question, if I may, has to do with Globo joining your capital structure. The operation is already close, and I'd like to understand what opportunities you've already mapped out to explore together with Globo. If you can tell us a little bit more about the roadmap of this project and what we can expect in terms of opportunities and when they can come. Thank you. Good morning, Bernardo. Thank you for your question. About our growth thesis, your first question. When we look at our core expansion, every avenue is still on the table, and they're all quite latent in our opinion. There are still some options for M&As, and we're going to be watching them closely. We see that there are new opportunities in organic growth as well, and that has to do with our thesis in street furniture. Of course, we want to extract more value of the assets we already have and are less digitized. This is basically what we've been doing since we acquired Otima. New operations are already created in a digital fashion, but we see that not only the payback curve, but also the response of the advertising market when we increase the digital media in the streets, that response is really, really quick. The streets vertical is our key vertical, and we have grown and established very important presence in 10 out of the 11 capitals we're in. Of course, with concessions, there are new opportunities. We will try and focus on the medium to long term. That means six months to two years, and some bids, some concessions, concession bids are already public, and we'll map and try and understand whether that would contribute to all of the aspects that we understand are helping us write the future of our company, considering our geographical presence, our margins, our inventory digitization, and the presence in our verticals. We'll look at that, and we'll join. These avenues are very broad. Still, there's a lot of ground to cover in them. We have been growing with these avenues in the past 10 years. We'll continue to monitor all of these opportunities up close. As for your second question, Eletromidia are key. That's what we call our SMB platform. With billing, procurement being very different to Eletromidia Ads, because we're talking to a different addressable market, right? We're talking to a different audience. That has a lot of our efforts when it comes to technology. A lot of our efforts in technology are focusing on this platform. Our usability tests have worked. The mall platform is ready. We already have two major networks being developed. We have a roadmap for the implementation. I can't give guidance, we don't give guidance. By the end of the year, we expect to grow very much in this implementation, and in 2024, we're going to capture value from a key shopping malls. This BRL 1 million figure doesn't cover the mall aspect yet, and we're that's very focused on buildings, and we're now unlocking new fronts, right? This is a ship that is sailing, and you fix the hull as you need to, as you sail. This is a virgin market, a naive market for the out-of-home industry. According to references, BRL 25 billion market, we believe there is a very strong opportunity for the 5-year max. We're going to read Mr. Tanganelli's question. Good morning, everyone, congratulations on your great results. Thank you for taking my question. Can you please comment on e vents to the second half concentrates. Such as the Formula One, which is something that we have just announced. The town, we're gonna have the, the first edition in São Paulo. We had Rock in Rio every two years in Rio until now. Black Friday, Christmas, and other initiatives. All of that really leads us to believe that it's going to be a very good second half of the year. We have a very positive expectation for the second half, and we know that a macroeconomic scenario, with the interest rates going down, with lower capital costs. All of that has an impact to make the business environment more favorable. We are very optimistic. There are signs for a very good second half of the year. We're seeing nothing that should look negative in comparison to our plan. We are excited about the new locations we're operating in, as I talked about during the call, and we're going to be gaining more momentum in the second quarter, too. We normally have a cycle of 60 to 90 days between planning, installing, and implementing everything, and we are really on track to be able to have a fantastic second half in line with what we had already planned. Next question comes from Eduardo Ruby from UBS. Mr. Eduardo, please. Good morning, everyone. Can you hear me? Yes, we can hear you, Mr. Eduardo Ruby, please. Thank you very much for taking my question. Can you give us some more details about the CapEx expenditure? What the expenses have been like concerning maintenance and the cost control that you have mentioned? Thank you for your question, Eduardo. In the second half, out of the BRL 48 million total investments, BRL 34 million were for new devices to be bought. Out of these BRL 34 million, a substantial part of that has to do with new inventory. It's about 10%, about BRL 4 million was for maintenance, the rest of it for the expansion of the network, and mainly focusing on the rollout of the new concessions. We have the new clocks in Recife and new clocks and shelters in Salvador, also the continuation of the installments that we have in Porto Alegre and Campinas, that consumed part of this CapEx, alongside the continuous expansion that we have had in the buildings vertical. Thank you very much. Our next question comes from Lucca Brendim, from the Bank of America. Good morning, everyone. Thank you for taking my question. I've got two questions, actually. The first is: Can you give us some color around the adoption of new products? You've been launching new things, especially when it comes to technology, even when you think about Eletromidia Ads. How much of the sales are going through the platform already? What have you seen in the past months when it comes to this growth? As for the new products that you're going into, can you update us on how the rollout stands and where, what your expectations are for the coming quarters? All of that would be very good for us to work with our forecast, please. Hello, Lucca. Thank you for your question. We have about 20% of all of our sales going through the Eletromidia Ads platform. The usability of the platform should reach 100% by the end of the year, which doesn't mean that 100% of the sales are going to be made through the platform. This is an evangelizing process, right? Not only internally but also externally. We see there is recurrence. The companies and agencies that have used the Ads platform, they really have adopted the tool as a standard tool. They see it as a good way to plan, good way to find their audience in a much more structured fashion than they used to do before. An important detail is, I presented to you here, the increase in creative items being sent, right? The increase in creatives. This is something that we're, we're building in the market, and that is also going to contribute to the use of the platform. The model, and, there are many creative items that we create, we, we have for campaigns every day. It goes through the OPEC, then OPEC publishes it. Now we're adopting an automated way to do it so that the agencies and the clients can upload it automatically, and OPEC will just validate it. That allows us for growth on end scale. Then you can have real-time changes made by the agency. We don't have this middleman, the OPEC, actually doing the process, orchestrating it. When we look at it internally, which is how our team has been using the ads for the platform, we are about 50% already. Our team is more familiar, better acquainted with the, the platform, and that will also allow us to permeate the market better. This is a very important year for us to roll out the platform and really believe it's going to be very strong by the end of the year. Again, not only internally but also externally. Ricardo? As for the rollout of the concessions, so this year we start installing the Recife clocks, the street clocks, 108 clocks with 116 panels, most of which are digital. We're going to do most of that in the year of 2023, about, 90% still this year. In June, we started installations for the Salvador concession with 300 shelters and 200 clocks. We have 44 shelters already installed, as we showed you in the presentation, and 60 panels in the clocks. In 24 months, we hope to achieve the full number of clocks and panels and the shelter for 5 years. Of course, for the main locations, we're starting with the main locations, I mean. We're also present in four new cities with Tembici this year. We started our installations in Curitiba, as we mentioned during the call, and in the next 12 months, we are to conclude the 200 panels that are expected for the project. We announced our works in Salvador yesterday. We aim to complete installation in the coming six months, too. That's crystal clear. Thank you very much for your answers. Thank you. There are no further questions, we'll now turn the floor back over to Alexandre Guerrero for his final remarks. This meeting is being recorded. A chievements and initiatives with you. I'd like to thank our Eletromidia team again for the devotion, and we have worked together to write the present of the company, but also the development initiative. We're also writing the initiatives that will allow us to get to our future. The out-of-home industry continues to be very efficient and continues to grow in every indicator. The second quarter is in line with our expectations, with a high volume of opportunities and businesses. Our whole IR channels, or all of our IR channels, are available to answer any questions you may still have after our call. Thank you very much. Have a great day. It's a pleasure to be here with you once again. Thank you. Have a great day. This is the end of the Eletromidia earnings video conference. Should you have any queries, please send your question to the IR team at ri@eletromidia.com.br. Thank you very much for joining the video conference. Have a great day.