A Infracommerce presents the financial results for the first quarter of 2025 (1Q25), highlighting the initial fruits of its restructuring plan initiated in 2024. The Company reported a positive adjusted EBITDA of R$1.3 million in the period, representing a significant recovery of 102.6% compared to 1Q24.
The total GMV reached R$3.3 billion in the first quarter, a 4.4% increase compared to the same period last year. Organic gross profit, excluding advance payments, reached R$52 million and showed a significant improvement of 53.7% compared to 1Q24, with an 11 percentage point gain. gross margin for the period. Total costs and expenses improved by 30.5% compared to the first quarter of 2024, reaching R$190.5 million.
Total operating costs and expenses recorded a decline in Q1 2025. Commercial and administrative expenses decreased by 44%, totaling R$61.8 million, while service revenues amounted to R$132.7 million, a reduction of 19.2% compared to 1Q24, highlighting significant progress in cost control and a focus on profitability, with strategic actions to improve operational margin and the company's operating cash flow.
The EBITDA performance and EBITDA Margin directly reflect the changes implemented after the management change, highlighting the restructuring plan and the rigorous cost and expense reduction discipline initiated in the second quarter of 2024. Even in the face of a 6.5% decline in net revenue, excluding the advance revenue in 2024, which totaled R$184.6 million, Infracommerce demonstrated adaptability, a focus on operational efficiency, and a commitment to financial sustainability.
Another positive point was the performance of the operation in Latin America (excluding Brazil), which recorded a 10.3% increase in revenue compared to 1Q24, helping to mitigate the effects of the termination of costly contracts in the Brazilian market. This strategic movement—while rationalizing the client portfolio—strengthens operations in key countries and boosts the group's profitability.
We are entering the third quarter of our management with the confidence of someone who has already witnessed concrete signs of transformation. In just six months, we have accomplished what we set out to do: stabilize the business in Brazil, resume growth, and restore operational efficiency as the foundation for a new cycle of expansion," says Mariano Oriozabala, CEO of Infracommerce.
