LPS Brasil - Consultoria de Imoveis SA (BSP:LPSB3)
R$ 1.46 +0.040 (+2.82%) Market Cap: 200.44 Mil Enterprise Value: 134.66 Mil PE Ratio: 9.74 PB Ratio: 0.86 GF Score: 62/100

Q4 2024 LPS Brasil Consultoria de Imoveis SA Earnings Call Transcript

Mar 31, 2025 / 03:00 PM GMT
Release Date Price: R$1.43 (-1.38%)

Key Points

Positve
  • LPS Brasil - Consultoria de Imoveis SA (BSP:LPSB3) reported a 25% increase in brokered sales volume, reaching 13.7 billion reais in 2024 compared to the previous year.
  • The company participated in 197 launch projects, with a total launched volume of 27.7 billion reais, marking a 15% increase from 2023.
  • Credi Pronto's origination volume increased by 44% to 4.1 billion reais, demonstrating strong growth in the joint venture.
  • The company's EBITDA margin was maintained above 30%, reaching 33.5% in 2024, indicating strong operational efficiency.
  • Net income before IFRS adjustments increased by 11%, totaling 40.6 million reais in 2024, showcasing improved profitability.
Negative
  • The real estate market faced challenges at the beginning of 2024 due to credit restrictions and high interest rates.
  • A review of the master plan in Sao Paulo caused delays and postponements of several project launches to 2025.
  • Despite an increase in sales volume, the number of stores decreased as the company terminated underperforming franchise contracts.
  • The company experienced a 5% increase in operating expenses compared to 2023, indicating rising costs.
  • There is uncertainty regarding the availability of funds for credit in 2025, which could impact future market dynamics.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LPSB3.SA - LPS Brasil Consultoria de Imoveis SA
Q4 2024 LPS Brasil Consultoria de Imoveis SA Earnings Call
Mar 31, 2025 / 03:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon.

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Unidentified_2 [2]
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Ladies and gentlemen, and thank you for waiting. Welcome to the earnings webinar of LPS Brazil to discuss the results for the year of 2024. This event is being recorded, and all participants will be only listening to the webinar during the presentation of LPS Brazil. Then we'll start the Q&A session in which participants will be able to share their questions through the Q&A. Platform using one of the buttons below according to the instructions on the screen for those who wish to
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