Brasilagro Cia Brasileira De Propriedades Agricolas · BMFBOVESPA:AGRO3
Brasilagro Cia Brasileira De Propriedades Agricolas — Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (Brazil) — Q4 2025 Earnings Presentation
18 slides from Brasilagro Cia Brasileira De Propriedades Agricolas's earnings presentation, Sep 8, 2025
Slide 1: Results Presentation 4Q25 | 2025
RESULTS PRESENTATION 4Q25 | 2025 André Guillaumon Gustavo Lopez Ana Paula Zerbinati CEO CFO & IRO IR and Capital Market Head
Slide 2: 2025 Earnings Call
2025 EARNINGS CALL PORTUGUÊS Essa videoconferência será em português, com tradução ENGLISH simultânea para o inglês. ENGLISH The following presentation will be held in The following Portuguese, presentation with simultaneous will be held into translation Alteração de Idioma: para acessar a tradução
Slide 3: Highlights
Highlights Destaques 6M25 2025 77.832 R$ 1.2 billion R$ 267.3 million R$ 138.0 77.832 million of Net Revenue Adjusted EBITDA of Net Income
Slide 4: Real Estate Performance
Real Estate Performance Revenue from Farm Sale FARM SALES 2024/2025 Last 5 years R$241.3 million R$1,9 billion Sales made in previous years and accounted for in 2025: an average of R$380.4 million R$123,3 million Alto Taquari Farm (2021) per year R$ 13,8 million Rio do Meio (2022) Preferência Farm S
Slide 5: Portfolio Assessment
Desempenho Portfolio Imobiliário Assessment Net Asset Value of the Portfolio (NAV) Independent Valuation – Deloitte (R$/million) June 30, 2025 +17% (R$ thousand) Book NAV 3.560 3.547 BrasilAgro's Equity 2.177.728 2.177.728 3.033 -527 Properties appraisal¹ 2.878.864 (-) Balance Sheet - Land Value (In
Slide 6: Scenario
Scenario Commodity performance (Jun/24 - Aug/25) Soybean - Paranaguá 2% Cattle Raising +40% 137,79 311,20 140,54 221,60 Corn - BM&FBOVESPA +14% Ethanol - Hydreted Futuro B3 +16% 2.784,50 66,12 2.406,50 58,22 Cotton -14% Sugarcane - (Açúcar Futuro NY) -10% 76,15 16,41 65,47 18,30 6
Slide 7: Inputs
Imputs Price Average Price Status Compra Insumos – Aug/25 BrasilAgro: MAP BRASIL (usd/ton) +29% Safra 25/26 745 24/25 Harvest: 598,00 USD/Ton Potassium chloride 81% Purchase 25/26 32% 577 25/26 Harvest: Phosphates 89% Purchase 24/25 623,00 USD/Ton INPUTS NPK - Formulated 75% 68% Jun-24 Aug-24 Oct-24
Slide 8: 24/25 Harvest | Grains and Cotton
24/25 HARVEST | Grains and Cotton 23/24 Harvest 24/25 Harvest 24/25 Harvest Production per culture (tons) Chg. % Chg. % Realized Estimated Realized Soybeans 200.246 251.788 26% 214.742 -15% Corn 66.258 96.135 45% 116.919 22% Beans 13.331 8.624 -35% 4964 -42% Cotton 20.877 47.369 n.a 29.435 -38% Tota
Slide 9: Sugarcane and Cattle Raising
2024/2025 HARVEST YEAR Production (tons) Harvest Area (ha) TCH SUGARCANE 81,98 2.060.451 26.028 1.861.794 25.132 71,53 2024 Harvest 2025 Harvest 2024 Harvest 2025 Harvest 2024 Harvest 2025 Harvest Realized Projected Realized Projected Realized Projected Cattle Heads Pasture (ha) ADG (kg) RAISING CAT
Slide 10: Planted Area
ÁREA PLANTADA Evolution of Planted Area Estimated Planted Area Production Area Production Area by Crop by Property 173,1 172,6 10% 171,3 2% 5% 172.610 46% 172.610 44% 17% 51% hectares hectares 4% 16% 5% Soybeans Cornd and Corn 2nd Crop Owned Area Operated by Brasilagro Beans and Beans 2nd Crop Sugar
Slide 11: Agricultural Operations Center
CENTRO DE OPERAÇÕES AGRÍCOLAS The COA (Agricultural Operations Center) is the area responsible for monitoring, coordinating, and optimizing agricultural activities in real time, ensuring operational efficiency, better The CoA is based in Palmas, a strategically resource utilization, and data-driven
Slide 12: Hedge Position as of September 3
HEDGE POSITION as of September, 03 SOYBEAN Safra 24/25 ETHANOL CORN U$D/bushel 98% 99% R$/USD 10,69 6,19 50% 50% R$/sc 42% U$D/bushel R$/USD R$/m¹ 51,36 10,81 5,44 2.684 3% Commodity Exchange Câmbio Commodity Exchange Câmbio Commodity Commodity 24/25 Harvest 25/26 Harvest 24/25 Harvest 25/26 Harvest
Slide 13: Key Figures
Key Figures Fiscal Year Highlights (R$ Thousand) Net Income (R$ Thousand) 11.692 11.864 (R$ thousand) 2025 2024 Change 91.645 -20.580 226.867 Revenues from Operations 877.443 771.126 14% -68.289 -4.448 -1.954 Revenues from Farm Sales 241.299 294.525 -18% -86.104 138.019 -693 -21.981 Net Sales Revenu
Slide 14: Key Figures: Gross Income by Culture
KEY FIGURES Soybeans Corn Beans Sugarcane Gross Income by Culture 2025 2024 2025 2024 2025 2024 2025 2024 Quantity sold (tons) 193.146 166.132 77.811 134.379 3.100 5.303 1.840.588 1.753.071 Net Revenue 364.567 311.219 60.372 88.268 7.040 11.302 322.189 236.393 Derivatives Result 4.126 28.963 (267) (
Slide 15: Indebtedness
INDEBTEDNESS Net Financial Debt Amortization Schedule (R$ thousand) 06/30/2025 06/30/2024 Chg. (%) 91,22% CDI Short Term 355.841 177.311 n.a. Long Term 529.678 504.627 5% R$757.9 million of Total Indebtedness 885.519 681.938 30% Farmland sales 885.519 receivables (-) Cash and cash equivalents 159.81
Slide 16: Return to Shareholders
RETURN TO SHAREHOLDERS Dividend Proposal Dividend Yield 9,6% (5 Years average) R$ thousand 2025 2024 Net income 138.019 226.867 (-) Appropriation of the legal reserve (5% of net income) (6.901) (11.343) 15,9% Adjusted Net Income 13,3% 131.118 215.524 (-) Minimum compulsory dividends - 25% of adjuste
Slide 17: Disclaimer
Disclaimer The statements contained in this document related to business perspectives, projections on operating and financial results and those related to BrasilAgro's growth prospects are mere projections and, as such, are based exclusively on the board's expectations about the future of the busine
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