Brazil · Delayed Price · Currency is BRL LPS Brasil - Consultoria de Imóveis Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw resilient real estate activity despite high interest rates, with launches up 7% year-over-year and CrediPronto's mortgage volume surging 93%. Net revenue rose 7%, but intermediations fell 20% and operational expenses increased.
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Revenue grew 12.2% year-over-year to BRL 49.2 million, with EBITDA up 6% and net income before IFRS rising 16%. CrediPronto outperformed the market, growing its loan portfolio and net result despite industry headwinds. High interest rates and geopolitical risks continue to impact credit and demand.
Fiscal Year 2025
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Revenue grew 6% to BRL 203.1 million and EBITDA rose 8% to BRL 69.6 million in 2025, with net profit up 51%. CrediPronto's portfolio expanded 20% and the company distributed BRL 30 million in dividends, maintaining strong cash and operational efficiency.
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Net revenue for 3Q25 fell 2% year-over-year, but nine-month revenue rose 11%. EBITDA margin hit a record 44.4%, and net income (ex-IFRS) jumped 43%. CrediPronto's portfolio grew 13%, and cash flow from operations nearly doubled.
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Net revenue grew 13% year-over-year in Q2 2025, with EBITDA up 12% and net income ex-IFRS rising 63%. Despite strong demand, transaction volumes and launches declined, while operational efficiency and cost control remained priorities.
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Net revenue rose 28% year-over-year to BRL 48.2 million, with net income before IFRS up 74%. Strong growth in real estate launches and CrediPronto originations, supported by robust demand and expanded social housing programs.
Fiscal Year 2024
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Sales volume rose 25% year-over-year to BRL 13.7 billion, with net revenue at BRL 192.3 million and EBITDA margin at 33.5%. CrediPronto origination surged 44%, and cash reserves increased 69% to BRL 52.8 million.
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Q3 2024 saw robust growth in launches, intermediated volumes, and financial results, with net revenue up 17% and EBITDA margin at a 10-year high. CrediPronto's origination surged over 80% year-over-year, and cash positions strengthened.
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Consistent Q2 2024 results with 20% growth in brokered transactions and a near 40% EBITDA margin, driven by improved real estate financing and cost efficiency. CrediPronto origination rose 9% year-over-year, and cash generation remained positive despite macroeconomic pressures.