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Segment Information
 12 Months Ended
Jun. 30, 2025
Segment Information [Abstract]  
Segment information

21. Segment information

 

The segment information is presented in a manner consistent with the internal report provided to the chief operating decision maker, that is the Executive Board, responsible for allocating resources, assessing the performance of the operating segments, and for making the Company’s strategic decisions.

 

The segment information is based on information used by BrasilAgro management to assess the performance of the operating segments and to make decisions on the investment of funds. The Company has six segments, namely: (i) real estate, (ii) grains, (iii) sugarcane, (iv) cattle, (v) cotton and (vi) other, basically represented by insignificant services and crops. The operating assets related to these segments are located in Brazil, Paraguay and Bolivia.

 

The main activity of the grains segment is the production and sale of soybean, corn and beans.

 

The sugarcane segment includes the sale of the raw product.

 

The real estate segment presents a statement of operations for the Company’s subsidiaries.

 

The cattle segment consists of producing and selling beef calves after weaning, (breeding and fattening of cattle).

 

The cotton segment is engaged primarily in the production and sale of cotton lint and seed.

 

The main performance metric assessed by the Executive Board is gross profit (loss).

The selected P&L and assets information by segment, which were measured in accordance with the same accounting practices used in the preparation of the financial statements, are as follows:

 

  2025
           Agricultural activity             
   Total   Real estate   Grains   Cotton   Sugarcane   Cattle raising   Others (a)   Corporate 
                                 
Net revenue   877,443    9,325    431,978    87,890    322,189    25,470    591    
-
 
Gain from sale of farm   180,086    180,086    
-
    
-
    
-
    
-
    
-
    
-
 
Changes in fair value of biological assets   122,671    
-
    71,798    (5,421)   41,812    17,728    (3,246)   
-
 
Reversal of provision for agricultural products after harvest   (8,069)   
-
    (5,732)   (2,174)   
-
    
-
    (163)   
-
 
Cost of sales   (833,910)   (2,151)   (422,135)   (82,544)   (284,684)   (23,805)   (18,591)   
-
 
Gross income   338,221    187,260    75,909    (2,249)   79,317    19,393    (21,409)   
-
 
Operating income (expenses)                                        
Selling expenses   (59,511)   (6,927)   (38,722)   (13,369)   (27)   (466)   
-
    
-
 
General and administrative expenses   (67,488)   
-
    
-
    
-
    
-
    
-
    
-
    (67,488)
Other operating income   (4,753)   
-
    
-
    
-
    
-
    
-
    
-
    (4,753)
Equity in results of associates   (1,424)   
-
    
-
    
-
    
-
    
-
    
-
    (1,424)
Operating income (loss)   205,045    180,333    37,187    (15,618)   79,290    18,927    (21,409)   (73,665)
Financial income   337,510    154,412    64,522    8,559    6,021    947    
-
    103,049 
Financial expenses   (417,906)   (190,499)   (33,249)   (2,007)   (17,857)   (2,018)   
-
    (172,276)
Net income (loss) before taxes   124,649    144,246    68,460    (9,066)   67,454    17,856    (21,409)   (142,892)
Income and social contribution taxes   13,371    (13,326)   (23,276)   3,082    (22,934)   (6,071)   7,279    68,617 
Net income (loss) for the year   138,020    130,920    45,184    (5,984)   44,520    11,785    (14,130)   (74,275)
Total assets   3,834,877    2,375,913    437,265    129,965    255,144    68,279    80,913    487,398 
Total liabilities   1,657,148    450,229    327,525    (152)   6,101    
-
    
-
    873,445 

 

(a)Amount mostly related to the allocation of labor and other costs in the farm support area and costs with waste disposal and other products (millet, sorghum).
   2024 
           Agricultural activity             
   Total   Real estate   Grains   Cotton   Sugarcane   Cattle raising   Other   Corporate 
                                 
Net revenue   771,126    14,284    410,788    77,971    236,393    29,599    2,091    
-
 
Gain from sale of farm   248,375    248,375    
-
    
-
    
-
    
-
    
-
    
-
 
Gain (loss) on fair value of biological assets and agricultural products   40,499    
-
    27,213    4,798    21,996    (6,704)   (6,804)   
-
 
Reversal of provision for agricultural products after harvest   (1,091)   
-
    (552)   (393)   
-
    
-
    (146)   
-
 
Cost of sales   (747,019)   (2,107)   (401,745)   (73,519)   (212,925)   (30,026)   (26,697)   
-
 
Gross income   311,890    260,552    35,704    8,857    45,464    (7,131)   (31,556)   
-
 
Operating income (expenses)                                        
Selling expenses   (55,064)   
-
    (38,741)   (9,494)   (144)   (428)   (6,257)   
-
 
General and administrative expenses   (65,534)   
-
    
-
    
-
    
-
    
-
    
-
    (65,534)
Other operating income   (5,427)   
-
    
-
    
-
    
-
    
-
    
-
    (5,427)
Equity pickup   (58)   
-
    
-
    
-
    
-
    
-
    
-
    (58)
Operating income (loss)   185,807    260,552    (3,037)   (637)   45,320    (7,559)   (37,813)   (71,019)
Financial income   312,916    152,042    84,695    6,215    4,071    801    
-
    65,092 
Financial expenses   (307,208)   (107,051)   (30,841)   (4,458)   (6,931)   (808)   
-
    (157,119)
Net income (loss) before taxes   191,515    305,543    50,817    1,120    42,460    (7,566)   (37,813)   (163,046)
Income and social contribution taxes   35,352    (19,247)   (17,278)   (381)   (14,436)   2,572    12,857    71,265 
Net income (loss) for the year   226,867    286,296    33,539    739    28,024    (4,994)   (24,956)   (91,781)
Total assets   3,605,082    2,352,537    347,363    94,603    252,622    44,392    57,436    456,129 
Total liabilities   1,425,403    394,973    169,670    9,400    26,080    
-
    
-
    825,280 
   2023 
           Agricultural activity             
   Total   Real estate   Grains   Cotton   Sugarcane   Cattle raising   Other   Corporate 
                                         
Net revenue   903,372    14,893    579,018    38,195    244,830    24,807    1,629    
-
 
Gain from sale of farm   346,065    346,065    
-
    
-
    
-
    
-
    
-
    
-
 
Gain (loss) on fair value of biological assets and agricultural products   78,238    
-
    111,304    (3,631)   (6,903)   (13,824)   (8,708)   
-
 
Reversal of provision for agricultural products after harvest   (47,708)   
-
    (47,168)   (509)   
-
    
-
    (31)   
-
 
Cost of sales   (886,225)   (6,190)   (556,554)   (34,565)   (242,165)   (25,536)   (21,215)   
-
 
Gross income   393,742    354,768    86,600    (510)   (4,238)   (14,553)   (28,325)   
-
 
Operating income (expenses)                                        
Selling expenses   (41,008)   (2,190)   (33,633)   (3,394)   (1,068)   (553)   (170)   
-
 
General and administrative expenses   (65,792)   
-
    
-
    
-
    
-
    
-
    
-
    (65,792)
Other operating income   (11,049)   
-
    
-
    
-
    
-
    
-
    
-
    (11,049)
Equity pickup   (70)   
-
    
-
    
-
    
-
    
-
    
-
    (70)
Operating income (loss)   275,823    352,578    52,967    (3,904)   (5,306)   (15,106)   (28,495)   (76,911)
Financial income   330,491    67,985    54,009    759    9,690    2,470    
-
    195,578 
Financial expenses   (324,605)   (116,861)   (46,777)   (1,440)   (158)   (642)   
-
    (158,727)
Net income (loss) before taxes   281,709    303,702    (60,199)   (4,585)   4,226    (13,278)   (28,495)   (40,060)
Income and social contribution taxes   (13,173)   (5,912)   (20,468)   1,559    (1,437)   4,515    9,689    (1,119)
Net income (loss) for the year   268,536    297,790    39,731    (3,026)   2,789    (8,763)   (18,806)   (41,179)
Total assets   3,508,075    1,418,129    259,859    34,347    97,393    54,271    106,479    1,537,597 
Total liabilities   1,310,933    473,999    86,120    8    555,081    
-
    
-
    195,725 

 

The balance sheet accounts are mainly represented by “Trade accounts receivables”, “Biological assets”, “Inventories of agricultural products” and “Investment properties”.

 

a)Information on concentration of clients

 

In the year ended June 30, 2025, the Company has three customers individually representing 10% or more of consolidated revenues, representing 52.9% of the total sales of the Company. Of these three customers, one accounts for 64% of the revenues from the sugarcane segment and two account for 50% of the revenues from the grain/cotton segments.

 

In the year ended June 30, 2024, the Company has four clients individually representing 10% or more of consolidated revenues, representing 43.5% of the total revenues of the Company. Of these three clients, one account for 56.8% of the revenues from the sugarcane segment and two account for 41.1% of the revenues from the grain/cotton segments.

 

In the year ended June 30, 2023, the Company has four clients individually representing 10% or more of consolidated revenues, representing 45.8% of the total revenues of the Company. Of these four clients, two account for 63.1% of the revenues from the sugarcane segment and two account for 42% of the revenues from the grain/cotton segments.

 

There are no clients in other segments that represent 10% or more of revenue of total sales.

b)Geographic information

 

Revenues and noncurrent assets, excluding financial instruments, income tax and social contribution, deferred assets and rights arising from insurance contracts of the Consolidated, are distributed as follows:

 

   Brazil   Paraguay and Bolivia 
   2025   2024   2023   2025   2024   2023 
Net revenue   813,303    693,617    815,589    64,140    77,509    87,783 
Non-current   1,665,648    1,411,720    1,260,255    466,077    459,639    394,547