Slides
Page 1
2Q25 Earnings Presentation 08 13 2025 MLAS3
Page 2
2Q25 Highlights millions Net Revenue EBITDA Net ProfitGross Margin R$ 929.7 R$ 30.8 R$19.824.9% +21.7% vs. 1Q25 +R$ 25.3 millions vs. 1Q25 R$ 84.4 millions acumulado 2025 +1.2p.p. vs. 1Q25 millionsmillions MLAS3 - 2Q25 Earnings Presentation MLAS3 Operational Cash Flow R$ 64.9 millions of cash generation
Page 3
Initiatives 2Q25 Status MLAS3 Completion of the Company's structural readjustment Operational Efficiency Working Capital Optimization Lower inventory levels and reduced turnover days Business Completion of the Distribution Center in Manaus MLAS3 - 2Q25 Earnings Presentation
Page 4
4 MLAS3MLAS3 - 2Q25 Earnings Presentation
Page 5
+21.7% vs. 1Q25 +5.1% vs. 2Q24 Gross Margin Consolidated by Quarter R$ million and % 2Q251Q252Q24 884.9 763.8 929.7 +27.5% vs. 1Q25 +19.0% vs. 2Q24 2Q251Q252Q24 194.3 181.2 231.1 Net Revenue Gross Profit 22.0% 23.7% 24.9% MLAS3 - 2Q25 Earnings Presentation MLAS3 Net Revenue, Gross Profit and Margin
Page 6
Consolidated by Quarter R$ million and % 2Q251Q252Q24 29.8 2Q251Q252Q24 5.5 30.8 52.2 64.6 19.8 Net Profit +R$25.3 million vs. 1Q25 +R$ 1.0 million vs. 2Q24 3.4% 0.7% 3.3% EBITDA MLAS3 EBITDA and Net Profit EBITDA Margin 6M256M24 121.2 84.4 +R$205.6 million *includes R$ 30.2 million of extemporary credits. MLAS3 - 2Q25 Earnings Presentation
Page 7
7 Lowest inventory days in the last five quartersNote: Book value of inventories. MLAS3 Inventories (R$ million and days) MLAS3 - 2Q25 Earnings Presentation
Page 8
MLAS3 Highlights: ● R$ 64.9 MM in Operating Cash Flow generation, driven by EBITDA, working capital, and the use of tax credits. ● R$ 25.0 MM in Debt reduction. ● R$ 26,0 MM growth in Gross Cash in the quarter, ending the period at R$ 498.9 MM versus R$ 472.8 MM Cash Flow MLAS3 - 2Q25 Earnings Presentation
Page 9
The Company ended the 2Q25 with a cash position of R$ 498.9 MM and net debt of R$ 157.9 MM. Our cash balance fully covers all short-term loans and financing obligations, representing 66.9% of the total debt amount. (in R$ million) MLAS3 Amortization Schedule MLAS3 - 2Q25 Earnings Presentation
Page 10
Specialized Retail Operational Segments Corporate Tech Retail MLAS3 MLAS3 - 2Q25 Earnings Presentation
Page 11
Smartphones Mobile Devices Margem Bruta Corporate Net Revenue and Gross Margin Telecommunications Devices for Operators and Providers (Networks), PCs & Tablets for Government, Memories and Components (OEM), Electric Mobility, Fitness Equipment (Wellness and ZiYou) and Manufacturing Projects Consolidated by Quarter R$ million and % 12,6 % Margem do Portfólio¹ no 1T25 50.5 % Share of 2Q25 Net Revenue +55.7% vs. 1Q25 2Q251Q252Q24 387 .6 301.4 469.4 12.3% 13.8% 18.1% +4.2 p.p. vs. 1Q25 Strong Growth: ● Net Revenue of R$469.4 million, +55.7% vs. 1Q25 and +21.1% vs. 1Q24. Better Gross Margin: ● Expansion to 18.1%, due to better product mix, sales performance to the Government and gains in scale. Main Drivers: ● Sales growth across all product lines, with emphasis on PCs for Government, Mobility, Fitness Equipment, and Manufacturing Projects.
Page 12
12 Office & IT Supplies Mobile DevicesTech Retail Net Revenue and Gross Margin Consolidated by Quarter R$ million and % -8.2% vs. 1Q25 2Q251Q252Q24 396.7 382.9 351.7 27 .3% 27 .9% 27 .8% 37.8 % Share of 2Q25 Net Revenue -0.1 p.p. vs. 1Q25 Screens & Video, Computer Accessories, Drones and Cameras, Portable Appliances, Gamer, Memory & Pen Drives, PCs & Tablets for Retail, Audio & Mobile and Telephony Accessories Retail’s inventory level: ● Reduction in inventory coverage in retailers seeking to adapt to the high interest rate scenario, resulting in a small drop of 8.2% vs. 1Q25. Sell-Out Advancement: ● Growth in the main indicator for the segment. ● Profitability Maintenance: Commercial efficiency with stable Gross Margin at 27.8%.
Page 13
13 Office & IT Supplies Smartphones Mobile Devices Margem Bruta Specialized Retail Net Revenue and Gross Margin Consolidated by Quarter R$ million and % +36.6% vs. 1Q25 2Q251Q252Q24 100.6 79.5 108.6 38.1% 41.2% 44.5% 11.7 % Share of 2Q25 Net Revenue +3.3 p.p. vs. 1Q25 Health Care, Toys, Baby and Pet Two-Digit Growth: ● Net Revenue of R$ 108.6 million, an increase of 36.6% vs. 1Q25 and 8.0% vs. 2Q24. Gross Margin Expansion: ● Profitability gain with Gross Margin of 44.5%, an increase of 3.3 p.p. vs. 1Q25 and 6.5 p.p. vs. 2Q24. Highlights: ● Growth in sales and margins of Health Care and Toys.
Page 15
WHAT ARE WE CHANGING? Only the corporate brand. At this time we will NOT change the Taxpayerʼs ID. WHY? To reflect our strength as a Group. One of the leading Companies in the country, with a broad range of brands and markets. FOR WHOM? Employees, suppliers, talents, investors, government and large retail customers. WHEN? From now on.
Page 16
Initiatives 2025 2nd Half MLAS3 Maintenance of discipline in expenses’ control Operational Efficiency Working Capital Optimization Re-profiling of the Company's debt Structuring of a Receivables Investment Fund (FIDC) Reduction in Inventory days MLAS3 - 2Q25 Earnings Presentation
Page 17
E-mail: ri@grupomulti.com.br Site: http://ri.multilaser.com.br Richard Ku CFO, Investor Relations Officer IR Team: Eduardo Belelas Fernando Nunes Rafael Byrro SITE RI http://ri.multilaser.com.br SITE GOVERNO https://governo.grupomulti.com.br E-COMMERCE https://multi.com.vc
Page 18
The statements contained in this report regarding the prospects of the Grupo Multilaser business, projections and its growth potential constitute mere forecasts and were based on our expectations, beliefs and assumptions regarding the future of the Company. Such expectations are subject to risks and uncertainties, as they are dependent on changes in the market and the general economic performance of the country, the sector and the international market, the price and competitiveness of products, the acceptance of products by the market, exchange rate fluctuations, difficulties in strengthening and production, among other risks, and are therefore subject to significant changes and do not constitute guarantees of performance.