BeFra Q3 2024 Earnings Results October 2024 Q3 2024 Highlights: Continued Growth Q3 2024 consolidated net revenue increased by 6.6% YoY, driven by growth across all three business units. Adjusted EBITDA continued its growth trajectory, achieving 11.7% YoY growth, despite challenging market conditions for Betterware. Free Cash Flow Generation remained in line with our targets, increasing by 23.4% YoY. Deleveraging efforts are progressing, achieving a Net Debt to EBITDA ratio of 1.76 times. Next Steps Executi ...

Exhibit 99.1 Message from the Chairman I am pleased to report that BeFra delivered another quarter of strong results, with Q3 net revenue growing 6.6% year-over-year and 7.4% year-to- date, reflecting solid performance across all business units, and reaffirming the strength of our strategic plan. Betterware Mexico achieved its fourth consecutive quarter of net revenue year-over-year growth, consolidating its "back to growth momentum", and paving the way for a stronger growth coming forward. Jafra Mexico con ...

Financial Data and Key Metrics Changes - In Q2 2024, the company achieved a 5.3% year-over-year revenue growth, with an 8% growth in net revenue for the first half of the year and a 3% increase in EBITDA [2][6][19] - The consolidated gross margin contracted by 103 basis points due to a less favorable product mix, higher freight costs, new import taxes, and peso depreciation [15][19] - Free cash flow decreased by 39% during the quarter, attributed to a 30% year-over-year reduction in operating cash flow [16][19] Business Line Data and Key Metrics Changes - Betterware Mexico experienced a 2.2% year-over-year revenue increase in Q2, achieving 7% growth for the first half of 2024 [29] - Jafra Mexico posted a 10.1% year-over-year revenue increase, indicating effective product strategies and market positioning [31] - Jafra US recorded its first year-over-year revenue growth since its acquisition, with a 1.2% increase in Mexican pesos and a 4.4% increase in US dollars [32] Market Data and Key Metrics Changes - The peso depreciated by 7.5% in June, contributing to market volatility [27] - Container prices surged by 11.6% on average during Q2 due to increased demand for shipping from China to Mexico [7] Company Strategy and Development Direction - The company is focused on product innovation and enhancing demand forecasting to prevent future sellouts, with plans to implement improved pricing structures [10][12] - A redesigned catalog and a more effective merchandising plan are set to launch in October to boost market position [11] - The strategic acquisition of Jafra is seen as instrumental in diversifying the product portfolio and enhancing market resilience [12][13] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2024 revenue and EBITDA targets, highlighting the company's resilience in navigating challenges [3][19] - The company anticipates sustaining double-digit growth at Jafra over the medium and long term [31] - Management is optimistic about the second half of the year, expecting to leverage strategic initiatives for sustained growth and profitability [34] Other Important Information - The company plans to sell a property in Mexico City valued between MXN40 million and MXN50 million to service outstanding debt [17] - The board approved a quarterly dividend payment of MXN250 million, marking the 18th consecutive quarterly dividend since the IPO [37] Q&A Session Summary Question: Product availability and inventory management - Management acknowledged temporary sellouts in Q2 but expressed confidence in meeting demand for the rest of the year [20] Question: Impact of import tariffs and freight costs on profitability - Management indicated that they have negotiated better costs with suppliers and implemented price increases to offset higher import taxes and freight costs [21][47] Question: Innovation pipeline for Jafra - Management confirmed a strong innovation pipeline for the second half, particularly highlighting the launch of the Jafra Biolab skincare line [23][49]

GUADALAJARA, Mexico, May 28, 2024 /PRNewswire/ -- Betterware de México, S.A.P.I. de C.V. (Nasdaq: BWMX) ("BeFra" or the "Company") the leading direct-to-consumer company in Mexico through Betterware and Jafra, announced today that the Company will transfer the listing and trading of its common stock to the New York Stock Exchange ("NYSE") from the Nasdaq Stock Market LLC ("Nasdaq"). The Company expects to commence trading as a NYSE-listed company on June 7, 2024 upon market open. The Company's common stock ...

Investment Thesis Since coming public via SPAC in March 2020, the business experienced pandemic-induced volatility, which is reflected in its share price over the period. Despite this, the company has managed to pay a dividend consecutively for seventeen quarters, reflecting the resilience of the business and management's commitment to return capital to its shareholders. The company is led by a long-standing management team comprising of its Chairman Luis Campos and CEO Andres Campos. Shares currently have ...

Matters discussed in this press release may constitute forward-looking statements. Forward- looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believe," "anticipate," "intends," "estimate," "potential," "may," "should," "expect" "pending" and similar expressions identify forward- looking statements. The forward-looking statements i ...

Mexico-based Consumer Products Company Poised for Major Sales Growth in New Sales DALLAS, May 6, 2024 /PRNewswire/ -- Betterware de Mexico S.A.P.I. de C.V. (NASDAQ: BWMX), ("Betterware" or the 'Company"), has expanded to the U.S. market as Betterware U.S. The brand recognized for its dedication to creating high-quality, innovative consumer products that enhance everyday living will have its new office headquarters located in Dallas, Texas. International expansion is one of the cornerstones of Betterware's ...

GUADALAJARA, Mexico, April 30, 2024 /PRNewswire/ -- Betterware de México, S.A.P.I. de C.V. (Nasdaq: BWMX) ("BeFra" or the "Company"), announced that, subject to formal approval by means of the shareholders meeting to be held on May 13, 2024, it intends to pay an aggregate dividend of MX $250,000,000; which represents approximately US $0.3515 per share after applicable tax withholdings. The dividend is payable on May 23, 2024 to shareholders of record as of May 15, 2024. About Betterware Founded in 1995, Bet ...

ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS A. MAJOR SHAREHOLDERS The following table sets forth information with respect to the beneficial ownership of our shares as of the date of this annual report: ● each shareholder, or group of affiliated shareholders, who we know beneficially owns more than 5% of our outstanding shares; ● each of our directors and executive officers individually; and ● all directors and executive officers as a group. As of the date of this annual report, we had 37,316,5 ...

Annual Reports and Financial Statements - The annual management report for the fiscal year from January 1, 2023, to December 31, 2023, will be presented and discussed[7] - The annual report by the Audit and Corporate Practices Committee for the same fiscal year will also be presented and discussed[7] - A report on compliance with the tax obligations of the Company during the fiscal year from January 1, 2023, to December 31, 2023, will be provided[7] - The Company's audited and consolidated financial statements for the fiscal year will be presented for discussion and approval[8] Dividend and Board Matters - Discussion and potential approval of dividend payments will take place[11] - Reelection, election, or removal of the members of the Board of Directors will be discussed[12] - Reelection, election, or removal of the members of the Audit and Corporate Practices Committee will be addressed[12] - Determination of the emoluments for the members of the Board of Directors and the Audit and Corporate Practices Committee will be discussed[12] Meeting Logistics - Appointment of special delegates to formalize the resolutions adopted at the Meeting will be included in the agenda[12] - The meeting is scheduled for May 13, 2024, at the Company's registered office in Zapopan, Jalisco, Mexico[7]