Frasle Mobility (FRAS3) Posts Net Income of R$ 100.7 Million in 3Q26

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was R$ 257.6 million, down 5.3%, with a margin of 18.6% (19.3% in 3Q25). Unadjusted EBITDA totaled R$ 250.4 million, down 8.4%, with a margin of 18.1%. The company cites the revenue mix, with a smaller share from higher-margin units, and lower dilution of fixed costs and expenses. The adjustment excluded R$ 7.2 million from the restructuring of Dacomsa, in Mexico.

Gross profit rose 1.1% to R$ 484.2 million, with a gross margin of 35.0%, up 1.0 percentage point. The period included R$ 6.8 million in extemporaneous credits; without them, the margin would have been 34.5%. Net financial result was negative R$ 72.2 million, an improvement of 29.8% over 3Q25. Income from continuing operations was R$ 110.8 million, up 1.1%.

Frasle Mobility decided to discontinue Composs, its line of composite material components. The operation is now presented separately and recorded a loss of R$ 12.9 million in the first nine months of 2026.

Net debt ended September at R$ 1.3 billion (R$ 1,337.4 million), down 20.3% from September 2025, with leverage of 1.4 times EBITDA. Gross debt was R$ 2,763.5 million and cash and equivalents totaled R$ 1,426.1 million. Investments totaled R$ 50.2 million in the quarter, down 3.8%. The foreign market reached US$ 144.0 million, up 8.8%. In the first nine months, revenue was R$ 4.0 billion (R$ 4,015.5 million), down 1.9%, and net income was R$ 232.3 million, up 2.2%. Free cash flow in the nine months was R$ 110.2 million.

The company revised its 2026 guidance: net revenue of R$ 5.2 billion to R$ 5.5 billion, adjusted EBITDA margin of 17.5% to 20.0%, foreign market of US$ 540 million to US$ 570 million, and investments of R$ 170 million to R$ 210 million.