Syn Prop E Tech Sa S/Gdr (SYYNY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to SYNC's video conference to the discussion of the results referring to the second quarter of 2025. This conference is being recorded and the replay can be accessed on the company's website. The presentation will also be available for download. We inform you that all participants will, in listen-only mode during the presentation, And then we will have a question and answer session when further instructions will be provided. Before proceeding, I'd like to emphasize that forward-looking statements are based on the beliefs and assumptions of SIN's administration and in the current information available to the company. These 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 macroeconomical 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. Thiago Muramatsu, CEO, and Mr. Hector Leitão, CFO, and IRO. Now I'd like to hand over to Mr. Thiago Muramatsu, who will begin with the presentation. Good morning. Thank you for being here with us in our earnest release. We're going to begin this presentation with the realizations of the second quarter. The first one is the anticipation of XP installment. When we concluded the transaction, the deal in June last year, an installment had been paid and accorded for the agreement until the end of 24. And there was until another installment of 550 million for December 2025. and we opted for anticipating this installment. So the value, total value was 590.5 million upd...