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BrasilAgro – Brazilian Agricultural Real Estate Co (B3:AGRO3, NYSE:LND) reported a 5% increase in net revenue for the fiscal year ended June 30, 2025, reaching R$1.23 billion, according to a press release statement based on its latest SEC filing. The company’s net income for the year was R$138 million, while adjusted EBITDA stood at R$267.3 million.
Revenue from agricultural products totaled R$877.4 million, up 14% from the previous year, mainly due to a 16% increase in soybean sales volume and higher sugarcane prices. Revenues from farmland sales amounted to R$241.3 million. Over the last five years, farmland sales have totaled approximately R$1.9 billion, averaging R$380.4 million per year.
In June, BrasilAgro completed the sale of the Preferência farm in Bahia for R$141.4 million, generating an accounting gain of R$65.9 million. The property, acquired in 2008, spans 17,799 hectares and was sold at R$11,390.74 per arable hectare. Payment for the transaction will be made in fed cattle units, with an average collection period of 2.7 years.
Operationally, the company’s grain and cotton production was 9% below initial estimates due to a reduced planted area, adverse weather, and crop management challenges. However, total production grew 22% compared to the previous year. Sugarcane and cattle raising contributed positively, with sugarcane achieving a 30% gross margin for the year.
As of June 30, 2025, the company’s property portfolio was valued at R$3.1 billion internally, with an independent appraisal by Deloitte placing the value at R$3.5 billion. The portfolio comprises 252,796 hectares across Brazil, Paraguay, and Bolivia.
BrasilAgro’s board has proposed a total dividend distribution of R$75 million for the fiscal year, pending approval at the annual shareholders meeting scheduled for October 2025. The company ended the period with R$142.9 million in cash and cash equivalents and reported total debt of R$885.5 million.
This article is based on a press release statement and information disclosed in the company’s SEC filing.
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