Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 177

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 177
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.U. is a technology company with an agricultural DNA, committed to the development of the farming community throughout the region. It is the most important digital solutions ecosystem for agribusiness in Latin America.

Agrofy Global

During the year, Agrofy focused on optimizing its business units and streamlining its cost structure, within a challenging macroeconomic environment in the region. The Company maintained its focus on the business lines with the highest profitability and scalability potential.

From a financial standpoint, although total revenues decreased compared to the prior fiscal year, efforts to contain expenses and improve operational efficiency led to a substantial improvement in gross margins and a significant reduction in the burn rate. This strategy was complemented by a prudent management of working capital, resulting in a stronger and more orderly financial position at year-end. 

During the fiscal year ended June 30, 2025, the Company also advanced in the technological development of its platform, particularly through the strengthening of Agrofy Pay and the implementation of artificial intelligence tools, including “Clementina,” an assistant designed to enhance the purchasing experience of agricultural producers.

The main objectives of Agrofy are:

·               consolidate and scale the membership and transaction businesses, strengthening the value proposition for both sellers and producers.            
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·   streamline the organizational structure, aligning available resources with key growth and profitability objectives;                                         
·   drive the growth of Agrofy Pay as a comprehensive and reliable payment solution within the agribusiness ecosystem; and                                      
·   expand the use of artificial intelligence through tools such as “Clementina,” contributing to greater personalization and efficiency in the user experience.

Despite the adverse context, Agrofy was able to sustain website traffic and improve engagement indicators, reflecting the strength of its market positioning and the trust of the ecosystem in its value proposition.

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Farmland Portfolio

As of June 30, 2025, we owned, together with our subsidiaries, 26 farms, with a total surface area of 578,217 hectares.

The following table sets forth our farm portfolio as of June 30, 2025:

                                                                                                                                 Potential use of farms owned and under concession as of June 30, 2025                                                                                                    
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                              Locality                               Province          Date of Acquisition           Surface Area (has)             Main Business                                      Cattle (has)             Sheep (has)                Agriculture (has)               Cattle (Head)  
El Recreo                     Recreo                                 Catamarca         May ’95                                   12,395             Natural wood