Core Insights - Cresud S.A.C.I.F. y A. reported a net loss of ARS 72,374 million for Q1 FY 2025, a 129.7% decrease compared to the same period in 2024, primarily due to losses from changes in the fair value of IRSA investment properties [2][3] - The adjusted EBITDA for the period was ARS 73,977 million, reflecting a 68.0% increase year-over-year, with agribusiness adjusted EBITDA at ARS 27,919 million and urban adjusted EBITDA at ARS 47,290 million [3] Financial Performance - Agricultural Business Revenue increased to ARS 136,955 million from ARS 113,392 million year-over-year [4] - Agricultural Business Gross Profit decreased to ARS 8,671 million from ARS 12,373 million [4] - Urban Properties Revenues decreased to ARS 72,495 million from ARS 78,185 million [4] - Urban Properties Gross Profit decreased to ARS 57,846 million from ARS 64,768 million [4] - Consolidated Gross Profit decreased to ARS 65,999 million from ARS 76,809 million [4] - The profit for the period was ARS (72,374) million compared to ARS 244,016 million in the previous year [4] - Basic and diluted EPS were both ARS (66.54) [4] Balance Sheet Highlights - Total Assets decreased to ARS 3,699,441 million from ARS 3,894,432 million [4] - Current Assets increased to ARS 804,851 million from ARS 792,094 million [4] - Non-Current Assets decreased to ARS 2,894,590 million from ARS 3,102,338 million [4] - Total Liabilities decreased to ARS 2,039,477 million from ARS 2,140,805 million [4] - Shareholders' Equity decreased to ARS 1,659,964 million from ARS 1,753,627 million [4] Market Capitalization - As of September 30, 2024, Cresud's market capitalization was approximately USD 512.7 million, based on 59,863,914 ADS priced at USD 8.64 each [5]
CRESUD S.A.C.I.F. y A. announces its results for the first quarter of Fiscal Year 2025 ended September 30, 2024