Brazil · Delayed Price · Currency is BRL TIM S.A. Earnings Call Transcripts
Fiscal Year 2026
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Service revenue grew 6.5% year-over-year, led by Mobile and B2B, with EBITDA after lease up 7.8%. V8 acquisition and PicPay partnership support diversification, while lease renegotiations and AI adoption drive efficiency. Bad debt and macro volatility remain key risks.
Fiscal Year 2025
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Service revenue and EBITDA grew strongly year-over-year, with margin expansion and disciplined cost control. Leadership in 5G, broadband growth, and B2B momentum supported robust cash flow and shareholder returns. Tax reform and price adjustments are expected to be neutral to cash flow in 2027.
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Service revenues and EBITDA grew solidly year-over-year, driven by postpaid mobile and B2B/IoT expansion. Cost discipline and network modernization supported margin gains, while shareholder returns were reinforced through dividends and buybacks. Guidance for 2025 is reaffirmed.
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Service revenues and EBITDA grew strongly year-over-year, driven by mobile and postpaid expansion, disciplined cost control, and 5G leadership. Efficiency programs and digital initiatives supported margin gains, while B2B IoT and new partnerships expanded growth avenues.
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Strong postpaid growth and margin expansion drove a record Q1 net income and robust cash flow. Strategic focus on São Paulo, B2B/IoT expansion, and efficiency programs support guidance for 5% revenue growth, despite inflation and competitive pressures.
Fiscal Year 2024
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Delivered strong 2024 results with service revenue up 6.4% and EBITDA up 8%, driven by mobile and postpaid growth. Maintained network leadership, expanded B2B and digital initiatives, and confirmed BRL 3.5 billion in shareholder remuneration.
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Q3 2024 saw robust revenue and EBITDA growth, margin expansion, and record cash flow, driven by strong postpaid performance and digital ecosystem initiatives. Prepaid revenues were flat due to migration and lower recharge frequency, while CapEx and FX risks remain well managed.
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Q2 2024 saw strong revenue and EBITDA growth, record cash flow, and margin expansion, driven by mobile and postpaid migration. AI and digitalization initiatives are scaling, while guidance remains on track despite expected H2 revenue growth moderation.