Prosus Nv Sp/Adr (PROSY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, partners. How are you? Welcome to our results call. I hope you received and you enjoyed our results today. I'm quite excited to what we shared today. At the same time, we could share a little more about our growth. Not only that we are growing 20%, but even more important that our ecosystem thesis is working. So I enjoyed very much to share the numbers of Despegar. It's not only 5% of Desperate AI revenue coming from the iFood ecosystem, but we share the data week by week. You can see a very strong growth. I'm quite confident we'll get to 10%, 15% in the short term. So this is the base of our thesis, our ecosystem thesis. We are growing very fast in iFood, but we're pushing Desperate AI to grow together. At the same time, we could share a little of our numbers in terms of results. You saw we grew 70% to $530 million. I think it's great to share this number with you. One year ago, I told you I expect us to have more profit than a decent difference, and I expect us to get to multiple billion dollars of profit. And many people said, I can't see process doing that. So hope you can see process doing that today. We are going to get between $1.1 to $1.2 billion in profit this year, excluding jet and la central so we can expect a little bit two three four billion dollars of uh initiative this year and fourth floor couple billion dollars of profit in the next few years so i'm quite excited about our numbers in terms of results we keep the discipline we sold 1.2 billion but we are on track to sell at least 2 billion dollars these years of our assets we keep our buyback now so we bought back more than 40 billion dollars generate more than 60 60 billion dollars results uh so i think we keep the discipline we keep the growth but i want to reinforce all of that is the found...