AGI (AGBK) Q2 FY26 earnings call

Agibank achieved an operational inflection point in Q2 FY26, marked by record client growth and robust credit origination, particularly in private payroll. The launch of Agi+, a new subscription platform, is expected to drive recurring service revenues and deepen customer engagement. While profitability was temporarily impacted by upfront costs associated with rapid growth and a lower pretax base affecting the tax rate, management anticipates sequentially higher income starting in Q3 and a full recovery in Q4, driven by compounding revenues and operational leverage.