Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 151

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 151
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 million shares, we subscribed shares in the capitalization. In addition, in May 2021 we exercised warrants that had been granted to the founders of the Company at the initial public offering, before its maturity. As a result of our follow-on subscription and the warrants exercise we increased our stake in BrasilAgro, net of treasury shares, to 39.4%. As of June 30, 2025, our interest in BrasilAgro was 35.22% (net of treasury shares).

Also, we provide the best services for the agricultural community through our subsidiaries. We boost our clients’ businesses through the consulting, marketing and storage services operated by FyO, which main business is crop trading (crop brokerage, futures and options, consulting, logistics and financial services) and sale and distribution of own inputs and third-party products. As of June 30, 2025, we had a 51.2% equity interest in FyO. Looking ahead to next year, the company will continue working on its expansion plans to other countries in the region.

We are pioneers in creating the first online agro marketplace. Agrofy continued to position itself this year as the leading online business platform for agriculture in Argentina and Brazil, exceeding 40 million visits. As of June 30, 2025, our interest in Agrofy was 18.6% and 1.7% of the capital stock through BrasilAgro. In August 2025, Agrofy conducted a capital increase as a result of which our interest in Agrofy increased to 19.6% and 1.3% of the capital stock through BrasilAgro. 

As of June 30, 2025, we owned, directly and through our subsidiaries, 26 farms, with a total area of 578,217 hectares and during the fiscal year ended June 30, 2025 approximately 596,017 hectares were used (including areas sold during the year) and distributed in Argentina, Brazil, Bolivia and Paraguay. In addition, we have the rights to hold approximately 132,000 hectares of land under concession for a 35-year period that can be extended for another 29 years.

56

Significant acquisitions, dispositions and development of business

Agricultural Business

Acquisition of “Agrícola Nova Horizonte” - BrasilAgro

On May 20, 2024, BrasilAgro acquired Agrícola Nova Horizonte S.A., an agricultural company