Grupo Toky—recently rebranded from Mobly—reported strong third-quarter results, with net revenue rising to R$339.8 million from R$150.9 million in the prior-year period. The company slashed its net loss attributable to controlling shareholders to just R$342 thousand, versus a R$22.4 million loss a year earlier. Operational performance improved markedly, as EBITDA swung to a positive R$70.9 million from a negative R$1.1 million. Gross merchandise value (GMV) also jumped, reaching R$494 million compared with R$197.6 million in the year-ago quarter. To bolster its balance sheet, the firm is converting creditor balances into equity through a new share issuance. These developments indicate a focus on stabilizing finances and positioning the business for future growth, although specific product or market details were not disclosed in the article.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2025