SONDA Reaches US$11 Million Net Income in 1H26

SONDA reported a net profit of US$11 million for the first half of 2026, up US$7.4 million year over year, driven by stronger operating performance, improved margins, and proceeds from the sale of non-strategic subsidiaries and real estate assets. The company also increased revenue, EBITDA, and commercial activity across Latin America, supported by large-scale digital infrastructure and technology projects that expanded its regional pipeline.

SONDA reported stronger profitability in the first half of 2026, as operational improvements and a growing portfolio of long-term technology projects lifted earnings despite higher financial costs and taxes.

The Latin American technology services provider reported net profit attributable to shareholders of US$11 million for the six months ended June 30, 2026, an increase of US$7.4 million compared to the same period in 2025. The results reflect progress in the company's strategy to improve profitability through efficiency initiatives and a greater focus on large-scale, long-term projects.

The improvement was supported by a 41% increase in operating income, which reached US$38 million, along with gains from the sale of the Solex and Microgeo Ingeniería subsidiaries and selected non-strategic real estate assets. Those transactions generated a net after-tax gain of US$4.6 million and contributed positively to discontinued operations. Higher financial expenses and increased income taxes partially offset those gains.

Margins Improve as Regional Projects Mature

SONDA generated consolidated revenue of US$792 million during the first half of the year, representing 10.8% growth in reporting currency. EBITDA reached US$64 million, increasing 20.8% year over year, while expanding across all operating regions.

The company improved its EBITDA margin by 70 basis points and its operating margin by 110 basis points, reflecting greater operating leverage and the continued execution of efficiency programs. According to the company, EBITDA growth was primarily driven by the maturation of recently awarded projects, higher operating volumes and stronger performance in Brazil and the Southern Cone, where technology infrastructure investments continued to expand.

"The 41% growth in operating income and the sustained improvement in margins demonstrate that the execution of high-value customer projects and our efficiency initiatives are producing measurable benefits,” says Marcelo Castiglione, Corporate General Manager, SONDA. “These large-scale, long-term projects are allowing us to expand our operational capabilities, enable high-value digital platforms for public and private organizations and strengthen our position across all the markets where we operate."

Commercial pipeline points to continued growth

Commercial activity accelerated throughout the first half of 2026. SONDA closed US$1.192 billion in new business, representing 46.9% growth compared to the same period last year.

North America recorded the strongest increase in contract awards, with growth of 106.8%, followed by the Southern Cone at 45.9%, Brazil at 42.5% and the Andean region at 30.5%. The company's opportunity pipeline reached US$6.922 billion. Brazil accounted for 33% of the total pipeline, while Chile represented 26%, providing visibility into future project execution across its regional operations. Castiglione says the combination of stronger commercial activity and a diversified opportunity portfolio positions the company for sustained expansion.

"Beyond the significant growth in closed business, our pipeline continues to show healthy momentum, allowing us to look toward the coming years with optimism,” says Castiglione. “We have a diversified portfolio of opportunities, an established regional presence and capabilities that position us to continue capturing new business opportunities while maintaining a permanent focus on innovation, efficiency and value creation for our customers."

Several of the company's largest contract wins illustrate the breadth of its regional technology portfolio. In Chile, SONDA secured projects related to intelligent transportation systems, smart cities, enterprise connectivity and pension technology, including contracts with the Ministry of Transport, the Municipality of Copiapó, ABC, and a major fintech company. Brazil contributed digital infrastructure and smart mobility projects, including the Infovía and Mobi Rio initiatives, as well as a large printing outsourcing contract with Banco do Brasil.

In Mexico, SONDA, together with Siemens, was awarded a telecommunications, signaling and control systems contract for the railway connecting Mexico City and Irapuato, reinforcing the company's participation in strategic transportation infrastructure projects.

Additional contracts included a Smart Safety and centralized monitoring solution for the Regional Government of San Martín in Peru, corporate cybersecurity and photovoltaic energy projects in Colombia, and a national electronic monitoring platform for the Ministry of the Interior in Guatemala.

The results indicate that SONDA's strategy is increasingly centered on high-value digital infrastructure projects that combine transportation, connectivity, cybersecurity, smart cities, and public-sector modernization.