Bemobi accelerates in payments, revenue grows 18%, adjusted EBITDA expands 22% and breaks record

A Bemobi, payment solutions company, which already serves 10 of the 15 largest recurring services companies in the country, reported on Tuesday, 13, to the Securities and Exchange Commission (CVM) its financial results for the first quarter of 2025. It was another period of strong growth, both Net Revenue and EBITDA (profit before tax, depreciation and amortization) Adjusted. Payment initiatives have gained traction, with increased penetration in existing customers and addition of 4 new large customers, being the first partner of higher education, the YDUQS from the first electricity distribution area, Inspired and new partners in the first electricity sector. 

“We started 2025 at a strong pace of sustainable growth, supported by the continuous gain in traction in the Payments vertical, in addition to the good performance in Digital Subscriptions.The period also marks our entry into digital payments for the higher education segment in the country and the expansion of opportunities in the Latam region, with the beginning of the operation of the first electric energy distributor outside Brazil”, Pedro Ripper, co-founder and CEO of Bemobi. “All companies of essential recurring services such as telecom, utilities, education and also health will need to update their payment offerings to bring options that manage convenience and better experience for their final customers at the same time as averages of churn 4.

The migration of the old ticket to recurring or installment payments on the credit card, as well as new standards such as Pix Automatic and Open Finance are part of Bemobi's payment solution that has brought improvements in material results to its customers compared to traditional payment solutions adopted so far.

The Bemobi end-to-end payment solution is already used in the “white label” model by 562 companies, including all the main telecom operators in Brazil, such as Vivo, TIM and Claro, most of the largest companies in the utilities sector, such as Energisa, Equatorial, Enel, NeoEnergia, Light and Copel, companies in the education sector, such as Grupo Salta, Inspira, Farias Brito and YDUQS, as well as several internet providers. 

In the first quarter of 2025, the company achieved a record payment volume (TPV) of more than 2.4 billion reais. As a result, Payments revenue expanded by 23% compared to the same period a year earlier. 

Digital Subscriptions solutions had a 26% increase in revenue for the quarter.The number of users with active subscriptions to its application, gaming and communication services reached 25.9 million, up from 5% over the same period last year. 

Between January and March, Bemobi's adjusted net revenue grew 18% over the same period in 2024, reaching 167 million reais. Adjusted EBITDA grew 21.6% and reached 56.5 million reais, the largest in the company's history. Ex-Swap adjusted net income totaled 28 million reais, an expansion of 19.7% compared to the first quarter of 2024. Accounting net profit closed the quarter at 31.3 million reais, up from the same year.513 to the previous period.

Operating cash generation was solid 43 million reais in the quarter, with cash conversion exceeding 76%. Thus, the company closed the quarter with a total cash flow of 520 million reais, even after the disbursement of R$50 million with dividends. 

“Our priority with the use of cash remains to pursue M&As opportunities and execute our new dividend policy.We are comfortable that our cash generation will allow us to combine sustainable growth, both organically and through new M&As (an important part of our strategy), with a more aggressive dividend policy for the 2025 year”, says Ripper. In March, Bemobi approved a new dividend distribution policy, valid until the end of 2025, which provides for distributing an estimated 200 million reais.