Prosus Nv Sp/Adr (PROSY) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello partners, how are you? I'm Fabricio, I'm the CEO of Prozus and I'm here today to share with you the results of our fiscal year 2026. I'm going to share with you a little about our results, about our ecosystem, our innovation and I hope you get so excited as I am about what we are doing here in Prozus. So to start, the process is focused now, we are doing delivery, we are doing finance, we are doing experience, we are focused in Latin America, in Europe and India and we have a strong ecosystem with 5 million partners and 1 billion customers and we are really using these assets to build a company that is running better every month. Our initial results for last year are exciting. We've grown to $9.7 billion in revenue, $1.3 billion in EBITDA. Our free cash flow increased by $2 billion in the last three years, from minus $6 billion to $1.5 billion. I'm very excited about these results and I'm sure it's going to keep growing and delivering over the next few years. As I told you, we are delivering results, we are delivering innovation, and we are delivering discipline. Starting with the discipline, we disposed $2 billion in assets, as we told you we would do. We increased our dividends by 100%, and we completed $46 billion in our buyback. I think this is a good start, but let me tell you a little more about results and innovation. So on results, Most of our companies are growing and are going quite profitably. Just after this presentation, you are going to have access to our food delivery deep dive. But if you look at the overall process, we are growing in iFood with 28% profitability, we are growing in the SPHR and the growth is increasing month by month, we are growing in iXico and we are growing in OLX. A quick highlight in OLX, OLX now has 48% profitability, one ...