BrasilAgro - Brazilian Agricultural Real Estate Co

BrasilAgro - Brazilian Agricultural Real Estate Co focuses on acquiring, developing, and operating agricultural properties to generate cash flow and value appreciation. The company transforms acquired properties by investing in infrastructure and technologies to enable the cultivation of high value-added crops such as soybean, corn, and sugarcane, as well as cattle raising. Developed properties are then sold to realize capital gains. As of June 30, 2025, BrasilAgro operated its entire portfolio of agricultural properties, including both owned and leased properties. In its independent operations, the company maintains exclusive control over production, input acquisition, employee oversight, and infrastructure investment. A significant portion of its production is sold to a limited number of import/export companies or customers with substantial bargaining power. Net revenue was R$877.4 million for the year ended June 30, 2025, and R$771.1 million for the year ended June 30, 2024. All sales are to customers located in Brazil, Bolivia, and Paraguay. BrasilAgro utilizes short-term contracts with third-party contractors for services, equipment, and infrastructure throughout the production process. Alternatively, as of June 30, 2025, BrasilAgro leased 11,628 hectares of its agricultural properties to third parties. Leases for undeveloped land typically require lessees to invest in and use specific techniques and equipment for soil preparation and correction to facilitate agricultural production.