Eletrobras(EBR) - 2025 Q3 - Earnings Call Presentation
EletrobrasEletrobras(US:EBR)2025-11-06 14:00

Financial Performance - Adjusted Gross Revenue decreased by 55% and 93% IFRS Regulatory in 3Q25 compared to 3Q24[17] - Regulatory Adjusted EBITDA decreased by 58% from R$ 6970 million in 3Q24 to R$ 6775 million in 3Q25[20] - IFRS Net Income decreased by 68% from R$ 7195 million in 3Q24 to R$ 2176 million in 3Q25[23] - Adjusted IFRS Net Income decreased by 1757% from R$ 6805 million in 3Q24 to R$ -5448 million in 3Q25[23] Energy Trading - AXIA Energia's portfolio in 3Q25 included 12753 aMW of own resources, 1067 aMW of purchases, 2280 aMW of quotas, and 3364 aMW of ACR sales[28] - The company had 813 customers in 3Q25, a 16% year-over-year increase[34] - Contribution Margin from Generation (ACL+MCP) increased from R$ 795 million in 3Q24 to R$ 1709 million in 3Q25[37] Capital Allocation - Shareholder remuneration included R$ 43 billion in dividends in 3Q25, totaling R$ 83 billion in fiscal year 2025[13] - The company received R$ 535 million for the equity stake in Eletronuclear[47] - The company received R$ 4765 million from sale to SABESP for 14856900 preferred shares @ R$ 3207[51] - The company received R$ 7035 million from sale of Santa Cruz TPP[51] - Investments increased by 57% YoY to R$ 27 billion, accelerating investments in reinforcements and improvements and expanding in transmission[13] - The company won lots 6A, 6B, 7A, and 7B in the transmission auction[13]