Randoncorp (RAPT4) Posts Net Income of R$ 19.2 Million in 3Q26

Consolidated net revenue totaled R$ 3.5 billion (R$ 3,549.5 million), up 3.5% over 3Q25, driven by the truck and semi-trailer markets, with support from the Move Brasil program. Gross profit reached R$ 978.5 million, an increase of 7.9%, with a gross margin of 27.6% (26.4% in 3Q25).

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was R$ 450.0 million, down 6.9% from 3Q25 and up 1.9% from 2Q26. The adjusted EBITDA margin came in at 12.7%, versus 14.1% a year earlier. Addiante's negative equity income of R$ 32.0 million weighed on the indicator. The financial result was negative R$ 156.4 million, compared with negative R$ 247.3 million in 3Q25.

Net debt fell 25.2% in one year, to R$ 5.6 billion (R$ 5,647.8 million). Excluding Banco Randon, net debt is R$ 4.3 billion, with leverage of 3.00x. Under the covenant metric (limit of 3.5x), leverage was 2.54x. ROIC (return on invested capital) was 5.4%, versus 8.9% in 3Q25.

For the 9M26 cumulative period, the company posted a net loss of R$ 118.8 million and net revenue of R$ 9.9 billion. After the quarter, on October 23, 2026, the controlling shareholder DRAMD issued a tender offer notice (OPA, a public tender offer for shares) for RAPT3 common shares, in exchange for shares of Frasle Mobility (FRAS3). The auction is scheduled for November 16, 2026, at 3 p.m.