Company: CRESW
Filing Date: 2025-03-17
Form Type: 6-K
Source: 0001654954-25-002875
Chunk: 46

Company: CRESUD INC
Filing Date: 2025-03-17
Form: 6-K
Chunk 46
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 of the Company increased from 598,639,142 to 603,140,435, and the number of outstanding warrants decreased from 84,261,280 to 81,063,170.

<div align='center'>**52

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Summary as of December 31, 2024**</div>

#### EBITDA Reconciliation
In this summary report, we present EBITDA and Adjusted EBITDA. We define EBITDA as profit for the period excluding: (i) result of discontinued operations, (ii) income tax expense, (iii) financial results, net iv) results from participation in associates and joint ventures; and (v) depreciation and amortization. We define Adjusted EBITDA as EBITDA minus net profit from changes in the fair value of investment properties , not realized and realized sales.

EBITDA and Adjusted EBITDA are non-IFRS financial measures that do not have standardized meanings prescribed by IFRS. We present EBITDA and adjusted EBITDA because we believe they provide investors supplemental measures of our financial performance that may facilitate period-to-period comparisons on a consistent basis. Our management also uses EBITDA and Adjusted EBITDA from time to time, among other measures, for internal planning and performance measurement purposes. EBITDA and Adjusted EBITDA should not be construed as an alternative to profit from operations, as an indicator of operating performance or as an alternative to cash flow provided by operating activities, in each case, as determined in accordance with IFRS. EBITDA and Adjusted EBITDA, as calculated by us, may not be comparable to similarly titled measures reported by other companies. The table below presents a reconciliation of profit for the relevant period to EBITDA and Adjusted EBITDA for the periods indicated:

| For the six-month period ended December 31 (in ARS             
 million)                                                       |     2024 |     2023 |
|:---------------------------------------------------------------|---------:|---------:|
| Result                                                         
 for the period                                                 |  -64,391 |  266,118 |
| Income                                                         
 tax expense                                                    |  -22,648 |   82,064 |
| Net                                                            
 financial results                                              |  -24,913 |  144,523 |
| Share                                                          
 of profit of associates and joint ventures                     |