| BUENOS AIRES, Argentina, September 2, 2025/PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, announces today its results for the Fiscal Year 2025 ended June 30, 2025. HIGHLIGHTS - Net income for fiscal year 2025 amounted to ARS 196,118 million, compared to a loss of ARS 32,141 million in the previous year.
- Revenues increased by 2.3% during fiscal year 2025 compared to 2024, and Rental Adjusted EBITDA reached ARS 234,697 million: ARS 210,741 million from Shopping Malls, ARS 15,584 million from Offices, and ARS 8,372 million from Hotels, decreasing 2% compared to fiscal year 2024.
- Revenues and Adjusted EBITDA of Shopping Malls' Segment grew 8% and 10%, respectively in FY 2025 compared to the previous year, while portfolio occupancy remained close to 98%. Tenant sales, after a first half marked by weak consumption, strongly recovered in the second half of the year, closing the fiscal year with a slight decline of 2.8%.
- During the year, we acquired Terrazas de Mayo shopping center and an adjoining property to Alto Avellaneda with future expansion potential. In addition, we started construction of a new open-air shopping mall in La Plata, one of the most populous cities in the country, which until now had no large-scale mall.
- In Offices, the sector showed a greater return to on-site work, boosting demand for premium spaces. Our Class A+ and A buildings reached almost full occupancy. We completed a new sale at the 261 Della Paolera building, reducing the portfolio to 58,000 sqm of GLA.
- During the year, we started infrastructure works and progressed in the commercialization of Stage I of our flagship project: Ramblas del Plata. We signed 13 transactions (2 cash sales and 11 swap agreements), totaling approximately 111,000 saleable sqm for an estimated value of USD 81 million.
- In financial matters, we returned to the international capital markets after nearly a decade with the issuance of Series XXIV Notes for USD 300 million, 10 years term.
Financial Highlights | (In millions of Argentine Pesos) | FY 2025 |
| Income Statement | 06/30/2025 | 06/30/2024 | Revenues | 468,526 | 458,059 | Consolidated Gross Profit | 284,790 | 305,755 | Net result from changes in the fair value of investment properties | (2,500) | (488,794) | Consolidated Result from Operations | 172,615 | (265,867) | Result for the Period | 196,118 | (32,141) |
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| IRSA's Shareholders | 195,182 | (25,621) | Non-Controlling interest | 936 | (6,520) |
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| EPS (Basic) | 261.29 | (34.53) | EPS (Diluted) | 238.90 | (34.53) |
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| Balance Sheet | 06/30/2025 | 06/30/2024 | Current Assets | 562,836 | 317,494 | Non-Current Assets | 2,799,233 | 2,807,977 | Total Assets | 3,362,069 | 3,125,471 | Current Liabilities | 338,831 | 383,285 | Non-Current Liabilities | 1,351,271 | 1,135,457 | Total Liabilities | 1,690,102 | 1,518,742 | Non-Controlling Interest | 94,163 | 102,883 | Shareholders' Equity | 1,671,967 | 1,606,729 |
IRSA Inversiones y Representaciones S.A. (NYSE: IRS, BYMA: IRSA), the Argentina's largest, most well-diversified real estate company, cordially invites you to participate in its FY 2025 Results Conference Call on Thursday, September 4, 2025, at 12:00 PM US Eastern Time / 01:00 PM BA Time. To access the Webinar: https://zoom.us/webinar/register/WN_iMD2hGUESA-A5JwtGmBevQ Webinar ID: 927 0140 4250 Password: 770361 In addition, you can participate communicating to this numbers: Argentina: +54 112 040 0447 or +54 115 983 6950 or +54 341 512 2188 or +54 343 414 5986 Israel: +972 3 978 6688 or +972 2 376 4509 or +972 2 376 4510 Brazil: +55 11 4632 2237 or +55 11 4680 6788 or +55 11 4700 9668 or +55 21 3958 7888 or +55 11 4632 2236 US: +1 564 217 2000 or +1 646 931 3860 or +1 669 444 9171 or +1 669 900 6833 or +1 689 278 1000 Chile: +56 22 573 9305 or +56 23 210 9066 or +56 232 938 848 or +56 41 256 0288 or +56 22 573 9304 Investor Relations Department. + 5411 4323-7449 ir@irsa.com.ar https://www.irsa.com.ar/en/investors/ Follow us on X @irsair  View original content:https://www.prnewswire.com/news-releases/irsa-inversiones-y-representaciones-sa-announces-today-its-results-for-the-fiscal-year-2025-ended-june-30-2025-302544433.html
SOURCE IRSA Inversiones y Representaciones S.A. | |
