December 31, 2024

June 30, 2024

Assets

Current assets

Cash equivalents

279,556

911,335

Restricted cash

278,197

168,862

Trade receivables

3,991,803

2,769,757

Inventories

1,543,872

1,780,247

Taxes recoverable

133,340

103,792

Derivative financial instruments

57,557

47,677

Commodity forward contracts

406,391

137,660

Advances to suppliers

266,234

246,653

Other assets

59,791

49,141

Total current assets

7,016,741

6,215,124

Non-current assets

Trade receivables

76,733

56,042

Other assets

8,531

9,067

Commodity forward contracts

-

3,000

Judicial deposits

11,837

10,520

Right-of-use assets

172,361

202,222

Taxes recoverable

275,018

299,228

Deferred tax assets

274,993

340,909

Investments

7,128

4,486

Property, plant and equipment

246,543

236,781

Intangible assets

114,890

971,345

Total non-current assets

1,188,034

2,133,600

Total assets

8,204,775

8,348,724

December 31, 2024

June 30, 2024

Liabilities

Current liabilities

Trade payables

4,056,177

3,844,541

Lease liabilities

94,967

96,222

Borrowings

1,279,680

1,190,961

Agribusiness Receivables Certificates

1,279

918

Obligations to FIAGRO quota holders

799,946

205,088

Related party obligations

278,918

-

Payables for the acquisition of subsidiaries

146,361

179,309

Derivative financial instruments

136,639

75,017

Commodity forward contracts

353,205

65,641

Salaries and social charges

156,869

174,665

Taxes payable

77,219

41,612

Dividends payable

5,512

6,397

Warrant liabilities

8,155

22,421

Liability for FPA Shares

191,372

168,862

Advances from customers

198,867

235,037

Other liabilities

70,249

66,495

Total current liabilities

7,855,415

6,373,186

Non-current liabilities

Trade payables

112

592

Lease liabilities

92,786

120,524

Borrowings

16,889

34,609

Agribusiness Receivables Certificates

406,840

404,647

Commodity forward contracts

-

316

Payables for the acquisition of subsidiaries

16,191

26,933

Provision for contingencies

16,805

14,002

Other liabilities

589

590

Taxes payable

2,045

1,886

Deferred tax liabilities

23,103

12,424

Total non-current liabilities

575,360

616,523

Equity

Share Capital

591

591

Additional Paid-in Capital

2,112,517

2,109,561

Capital reserve

30,180

30,180

Other comprehensive loss

24,838

5,444

Accumulated losses

                            (2,520,363)

                             (1,023,165)

 Equity attributable to shareholders of the Parent Company

                               (352,237)

                                  1,122,611

Non-controlling interest

                                  126,237

                                 236,404

Total equity

                           (226,000)

                            1,359,015

Total liabilities and equity

8,204,775

8,348,724

Six-month period ended December 31,

2024

2023

Revenue

4,368,242

5,431,858

Cost of goods sold

                 (3,680,867)

                  (4,627,991)

Gross profit

                     687,375

                     803,867

Operating expenses

Sales, general and administrative expenses

                   (1,714,442)

                    (700,358)

Other operating income (expenses), net

                         21,782

                          21,912

Equity results and other results from subsidiaries

                          7,873

                          (1,753)

Operating profit

                    (997,412)

                      123,668

Finance Income (costs)

Finance income

                         161,133

                       197,298

Finance costs

                     (548,981)

                      (514,235)

Other financial income (costs)

                    (108,240)

                          3,288

Profit (loss) before income taxes

                 (1,493,500)

                     (189,981)

 Income taxes

Current

                       (38,342)

                         31,949

Deferred

                      (77,080)

                         96,216

Profit (loss) for the year

                 (1,608,922)

                       (61,816)

Attributable to:

Equity holders of the parent

                   (1,497,198)

                       (81,548)

Non-controlling interests

                       (111,724)

                         19,732