Form 6-K CRESUD INC For: Sep 03
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SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15b-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of September,
2025
Cresud
Sociedad Anónima, Comercial,
Inmobiliaria,
Financiera y
Agropecuaria
(Exact name of Registrant as specified in its
charter)
Cresud Inc.
(Translation of registrant´s name into
English)
Republic
of Argentina
(Jurisdiction of incorporation or organization)
Carlos Della Paolera
261
(C1001ADA)
Buenos
Aires, Argentina
(Address of principal
executive offices)
Form 20-F ⌧ Form
40-F ☐
Indicate by
check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes o No
x
CRESUD
S.A.C.I.F. and A.
(THE
“COMPANY”)
REPORT
ON FORM 6-K
By letter dated September 3, 2025,
the
company reported that in compliance with Section 62 of the Regulations
issued by the Buenos Aires Stock Exchange, this is to report the
following information:
|
1. Results of the fiscal year
|
in million ARS
|
|
|
|
06/30/2025
|
06/30/2024
|
|
Results of the fiscal
year
|
224,366
|
163,826
|
|
Attributable to:
|
|
|
|
Shareholders
of the controlling company
|
94,148
|
135,726
|
|
Non-controlling
interest
|
128,218
|
28,100
|
|
|
|
|
|
2. Other comprehensive income for
the fiscal
year
|
in million ARS
|
|
|
|
06/30/2025
|
06/30/2024
|
|
Other comprehensive income for the fiscal
year
|
(46,495)
|
(107,306)
|
|
Attributable to:
|
|
|
|
Shareholders
of the controlling company
|
(16,844)
|
(36,647)
|
|
Non-controlling
interest
|
(29,651)
|
(70,659)
|
|
|
|
|
|
3. Total comprehensive income for
the fiscal
year
|
in million ARS
|
|
|
|
06/30/2025
|
06/30/2024
|
|
Total comprehensive income for
the fiscal
year
|
177,871 |
56,520
|
|
Attributable to:
|
|
|
|
Shareholders
of the controlling company
|
79,304
|
99,079
|
|
Non-controlling
interest
|
98,567
|
(42,559)
|
|
|
|
|
|
4. Equity details
|
in million ARS
|
|
|
|
06/30/2025
|
06/30/2024
|
|
Share
Capital
|
607
|
594
|
|
Treasury
shares
|
7
|
2
|
|
Comprehensive
adjustment of capital stock and of treasury shares
|
284,259
|
284,258
|
|
Warrants
|
21,951
|
25,759
|
|
Share
Premium (i)
|
364,671
|
352,475
|
|
Premium
for trading of treasury shares
|
(31,317)
|
(31,165)
|
|
Legal
Reserve
|
43,215
|
38,280
|
|
Special
Reserve (Resolution CNV 609/12)
|
261,305
|
183,544
|
|
Cost
of treasury share
|
(11,213)
|
(3,867)
|
|
Conversion
reserve
|
(26,720)
|
(10,236)
|
|
Reserve
for securities issued by the Company acquisition
|
2,735
|
2,735
|
|
Reserve for future
dividends
Other
reserves
|
-
(19,691)
|
38,474
4,350
|
|
Retained earnings
(i)
|
80,777
|
83,336
|
|
Shareholders’ Equity attributable to controlling
company’s shareholders
|
970,586
|
968,539
|
|
Non-controlling
interest
|
1,243,206
|
1,209,702
|
|
Total shareholder's equity
|
2,213,792
|
2,178,241
|
(i) Within the
framework of the analysis and review of certain accounting records
related to shareholders’ equity, the Company’s
Management detected, as of June 30, 2025, an error in the
calculation of the inflation adjustment of the share premium
related to the exercise of warrants carried out during the fiscal
years ended June 30, 2024, 2023, and 2022. As a result, the
previously issued financial statements were retroactively restated
with respect to the exercise of warrants, recognizing a positive
adjustment (gain).
With respect to Section l), item 5 of the
Regulations, it is hereby recorded that the Board of Directors has
begun analyzing the proposals it will submit to the next annual
shareholders’ meeting, the outcome of which will be
communicated to the shareholders and the relevant authorities
immediately after it has been determined by the governing
body.
The Company's
market capitalization as of June 30, 2025, was approximately USD
660.7 million (61,407,427 ADS with a price per ADS of USD
10.76).
As of June 30, 2025, the Company’s principal shareholder and
beneficial owner is Eduardo Sergio Elsztain. Direct or
indirectly, through the vehicles Inversiones Financieras del
Sur S.A (IFISA) and Consultores Venture Capital Uruguay S.A.(CVCU),
owns 230,771,688 shares, accounting for 37.98% of the share capital
(net of treasury shares). Eduardo
Sergio Elsztain is domiciled at Bolivar 108, 1st floor, Buenos
Aires City Center, IFISA is a company incorporated and domiciled at
Calle 8, km 17,500, Edificio Zonamérica 1, local 106,
Montevideo, Uruguay and CVCU
is
a company incorporated and domiciled at Calle 8, km 17,500,
Edificio Zonamérica 1, local
106.
In addition, we report that as of June 30, 2025, after deducting
direct and indirect Eduardo Sergio Elsztain's interest through
IFISA and CVCU, and the treasury shares, the remaining shareholders
held 376,905,049 common, registered, non-endorsable shares of ARS 1
par value each and entitled to one vote per share, accounting for
62.02% of the issued and subscribed capital stock (substracting
treasury shares).
It should be
considered that in March 2021 the company increased its share
capital by 90 million shares. For each subscribed share, each
shareholder received at no additional cost 1 warrant, that is, 90
million warrants were issued. The warrants expire on March 10, 2026
and are listed on the Buenos Aires Stock Exchange under the symbol
“CRE3W” and on the NASDAQ under the symbol
“CRESW”. As of today, the number of warrants
outstanding is 73,294,802.
In the case that
all warrants were converted, the number of shares issued and
subscribed would increase to 717,236,707. We also inform that if
the group of control were to exercise its warrants like the rest of
the shareholders, its stake would increase by 49,464,365 ordinary
shares, which would mean a 39.42% stake on the share capital, that
is, 280,236,053 shares.
Below are the highlights for the Fiscal Year ended
June 30, 2025:
●
Net
income for fiscal year 2025 amounted to ARS 224,366 million,
compared to ARS 163,826 million in 2024.
●
Consolidated Operating Income reached ARS 220,945
million in fiscal year 2025, compared to a loss of ARS 172,748
million in the previous fiscal year.
Operating Income from the Agribusiness
segment reached ARS 49,166 million in fiscal year
2025.
●
The 2025
campaign was carried out with a larger planted area in the region,
stable but historically low commodity prices, input costs that
remain high relative to prices, and irregular weather conditions in
Argentina and in some of the regions where BrasilAgro operates. We
planted approximately 300,000 hectares and achieved crop production
of 830,000 tons.
●
During
the fiscal year, the Argentine government advanced in foreign
exchange liberalization and, after year-end, permanently reduced
export taxes on major grains and beef. These measures strengthen
the sector and improve profitability prospects for the next
campaign.
●
Livestock
activity recorded an increase in beef production, with firm cattle
prices and lower feeding costs driving strong margins. During the
year, we continued to intensify the business, strengthening its
contribution to the Company’s results.
●
In
real estate, during the fiscal year we sold a 3,630-hectare parcel
of Los Pozos (Argentina), and our subsidiary Brasilagro sold the
entire Preferencia farm (17,799 ha) in Brazil, generating very
strong results. Additionally, it completed the final stages of the
previously executed sales of Alto Taquari (1,157 ha) and Rio do
Meio (852 ha).
SIGNATURES
Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.
|
|
Cresud
Sociedad Anónima, Comercial, Inmobiliaria, Financiera y
Agropecuaria
|
||
|
|
|
||
|
|
By:
|
/S/ Saúl
Zang
|
|
|
|
|
Saúl
Zang
|
|
|
|
|
Responsible
for the Relationship with the Markets
|
|
September 3,
2025
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