Syn Prop E Tech Sa S/Gdr (SYYNY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to the video conference I've seen to discuss the results for the first quarter of 2025. This conference call is being recorded and the replay can be accessed in the company's website. The presentation will also be available for download. We inform you that all participants will only watch the video conference during the presentation. And then we will have a question and answers session when further instructions will be provided. Before proceeding, I would like to emphasize that forward-looking statements are based on the beliefs and assumptions of SIN and current information available to the company. Statements may involve risks and uncertainties given that they relate to future events and therefore depend on circumstances that may or may not occur. Investors, analysts, and journalists should take into account that events related to the macroeconomic environment, the segment, and to other factors may cause the results to be materially different from those expressed in the respective forward-looking statements. With us here today, we have Mr. Tiago Muramatsu, CEO, and Mr. Hector Leitão, CFO and IRO. Now I'd like to pass the floor to Mr. Thiago Muramatsu. We'll begin with the presentation. Good morning. I would like to thank you for being here in our earnest release call. And we are here to explain you what happened in the first quarter of 25. Let's begin with realizations that we have until the first quarter quarter ending. We had the closure of Brazilian Machado. We signed the deal last year and the payments are going to be done And installments, each installment, they are going to be buying an area. So from the six, we have already had two. In March, we had 4.7 million and we still have four remaining installments. The nex...