André Gouliment
CEO
Replay available
Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (Brazil) (NYSE: LND) Q4 2025 earnings conference call, held 2025-09-08. Replay captured from the company's public earnings webcast.

CEO
Head of Investor Relations
Analyst
Analyst
Brazil Agro. Good morning, everyone. Here once again for the results call Brazil Agro. I'm here with André Gouliment and Gustavo. Today we will be representing the complete numbers of the year. For those who are following us, our accounting number starts year, goes from July to July. So today we are reporting on the fourth harvest of the Year 25 for those who are following us in English. We have simultaneous translation in English. Thank you so much. I'm going to pass the floor to André. Thank you, Ana Paula. Thank you to everyone. It is a pleasure once again to be with you to talk a little bit about how our year was. was a year with a lot of challenges a lot of volatility in the financial aspect i would like to make a parenthesis i remember in the past when we were discussing the budget of the year with the company's board the dollar was at 480 and we went up to 530 at the middle of the way we saw the exchange rate going to 640 and now it's at 540 so that shows the magnitude of volatility that we worked with during the year and we're going to be showing you some numbers on how we worked to mitigate these volatilities So let us begin telling you about the numbers and results of the company. And there are new things, there are things that we want to share with you. First, I think the net revenue of the company was able to reach 1.2 billion this year, with an adjusted EBITDA of 267 million. and a net income at the end of the exercise of 138 million reais, that later we'll go into the details. Gustavo will show you the comparison of EBITDA year over year. The difference is not very large, but when we look at the difference of financial costs and what we will show during the presentation, Next slide, please. Well, here there's a parenthesis. I always like to open a paren...