Ideiasnet S A : 3Q23 Webcast Presentation

Webcast Results

3Q2023

Investor Relations [e-mail]

Padtec S/A © 2023. Todos os direitos reservados.

Disclaimer

This material may contain projections and/or estimates of future events. The use of the terms "anticipates", "believes", "expects", "estimates", "plans", "anticipates", "projects", among others, is intended to signal possible trends and statements that evidently involve uncertainties and risks, and future results may differ from current expectations. Forward-looking statements are based on a variety of assumptions and factors, including economic, market and industry conditions, as well as operational factors.

Any changes in these assumptions and factors could lead to practical results that differ from current expectations. These forward-looking statements should not be fully relied upon. Forward-looking statements reflect only opinions as of the date they were made and presented.

The Company is not required to update them in the light of new information or new developments. The Company is not responsible for transactions that are carried out or for investment decisions that are made based on these projections and estimates. Finally, the pro forma financial information contained in this material is unaudited and, therefore, may differ from the final audited results.

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

3Q2023

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

Demand for Padtec solutions in Brazil resumes growth, remaining stable in the foreign market

Net Revenues (R$MM)

300

279.6

260.7

250

200

110.5	111.2

150
		84.9	103.1					96.9	103.5
100				79.2
72.8	51.7		58.0	65.5	34.7
50	54.8	55.7	27.5	53.2
		38.9		23.4	23.5	30.2
	8.8	18.7	19.7	11.4
0		9.2		10.5		12.6				14.6		15.6		14.6
		1Q22		2Q22		3Q22	9M22			1Q23		2Q23		3Q23	9M23

DWDM Brazil

DWDM Foreign Market

Services, Softwares & Platforms

9M23 x 9M22

Total Net Revenues: +7.2%

DWDM Brazil: +8.9%

DWDM Foreign Market : (12.3%)

Services, Softwares & Platforms : +38.8%

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

Focus on profitability, record gross margin1 in 3Q23: 37.9%

(9M23: 36.7%)

Gross Margin (%)

50%
40%
30%
20%
28.4%	33.2%	32.3%	33.1%	36.0%	36.0%	37.9%
10%
0%
	1Q22	2Q22	3Q22	4Q22		1Q23	2Q23	3Q23

1 Considers combined consolidated results (Padtec S.A. + Ideiasnet S.A.) since January 2019.

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

Record EBITDA1 in 3Q23: R$ 25.4 million

EBITDA (R$ MM); Adjusted EBITDA (R$MM); EBITDA Margin (%)

																																46.0
40																																16.4%
																										RECORD
															27.7
35
													10.6%
30																								20.6
											8.7
25																									11.1%
									5.6%
																				12.9
20																														19.6
																				7.7		12.2%
15								5.2							8.7
10			3.5											9.7%					20
					6.2%	19
4.9%													11.9
5														7.7
						5.2
0		3.5																		-1.0		-5.4
																								-1.0
-5
		1Q22	2Q22		3Q22		9M22			1Q23	2Q23		3Q23	9M23

EBITDA

Adjusted EBITDA

Non operational effects

EBITDA:

3Q23 x 2Q23 +97.2%

3Q23 x 3Q22 +33.9%

9M23 x 9M22 +65.8%

1 Considers combined consolidated results (Padtec S.A. + Ideiasnet S.A.) since January 2019.

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

R&D x Net Revenues (R$MM)

50		43.6	41.7
40	35.8			31.1
30
20
10
0	14%	13%	11%	11%
	2020	2021	2022	9M23

				Sales Expenses x
10%				Net Revenues (R$MM)
9%	9%	9%			9%
8%

6%

4%

2%

0%

2020 2021 2022 9M23

Administrative Expenses x

Net Revenues (R$MM)

12%
10%
10%	8%	8%	8%
8%
6%
4%
2%
0%
2020	2021	2022	9M23

Financial Expenses x

Net Revenues* (R$MM)

12%
10%
8%			6%
6%			5%
	4%
4%	3%
2%
0%
	2020	2021	2022	9M23

Padtec S/A © 2023. Todos os direitos reservados.

*Does not consider exchange variation.

Financial Results

Debt restructuring successfully concluded in 2Q23

More than 90% in long-term, average funding cost: 6.3% p.a.

	Debt: long X short term (R$MM)		Net Debt / LTM EBITDA¹ (X)
150		2

			113.3	104.3
100		83.7
82.5
50	77.1%	79.7%	69.9%	90.7%
	22.9%	20.3%	30.1%	9.3%
0
	2020	2021	2022	9M23

Short term debt

Long term debt

1

1.42

0.85

0

(0.06)

(0.33)

-1

2020 2021 2022 9M23

¹ LTM EBITDA corresponds to the sum of the EBITDA recorded in the last twelve months.

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

Debt Evolution (R$MM)

150
100
50	113.3				104.3
0		0.7		41.3				53.6
						(1.5)
-50			(50.5)			(49.3)
-100
	Gross Debt	Interest	Amortization	New Loans	Gross Debt	Cash and Cash	Financial	Net Debt 9M23
	2022		and Principal		9M23	Equivalents	Investments in
			Payment				Guarantee

Padtec S/A © 2023. Todos os direitos reservados.