EVERTEC (EVTC) investor relations material

Executive summary

• Q3 2025 revenue increased 8% year-over-year to $228.6 million, driven by organic growth and recent acquisitions, with adjusted EBITDA up 6% to $92.6 million and adjusted EPS up 7% to $0.92.

• Net income attributable to common stockholders for Q3 2025 was $32.9 million, up from $24.7 million in Q3 2024, with a net income margin of approximately 14.4%.

• Leadership transitions included promotions to COO and CFO, ensuring continuity and enhanced oversight.

• Cybersecurity incident in Brazil's Pix system was contained, with most funds recovered and limited financial exposure, though estimated liabilities for client claims were recognized.

• Acquisition of 75% of Tecnobank in Brazil completed in October 2025, expanding Latin American presence and fintech capabilities.

Financial highlights

• Q3 2025 revenue: $228.6 million (+8% YoY); constant currency revenue also up 8%.

• Adjusted EBITDA: $92.6 million (margin 40.5%), up 6% YoY; adjusted net income: $59.8 million, up 8% YoY.

• Adjusted EPS: $0.92, up from $0.86 in Q3 2024 (+7% YoY); GAAP net income: $32.9 million.

• Operating cash flow for the first nine months was $157 million; liquidity stood at $518.6 million as of September 30, 2025.

• Net debt at $631.8 million; net debt/adjusted LTM EBITDA ratio improved to 1.81x.

Outlook and guidance

• 2025 revenue expected between $921 million and $927 million, representing 8.9%–9.6% growth; constant currency growth of 10%–11%.

• Adjusted EPS guidance raised to $3.56–$3.62 (8.5%–10.4% growth); adjusted EBITDA margin expected near 40%.

• Capital expenditures projected at $85 million; adjusted effective tax rate at 6%–7%.

• 2026 outlook includes headwinds from a 10% discount to Popular, offset by growth in ATH Móvil and LATAM momentum.

• Interest expense expected to decline, but higher tax rate anticipated due to LATAM growth and lower interest expense.