Lavoro Limited

NASDAQ•LVRO

CEO: Mr. Ruy Cunha

Sector: Basic Materials

Industry: Agricultural Inputs

Listing Date: 2021-11-01

Lavoro Limited operates as an agricultural inputs retailer. The company operates through Brazil Ag Retail, LATAM Ag Retail, and Crop Care segments. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry. In addition, the company produces specialty fertilizers, crop protection products, and agricultural crop inputs. Lavoro Limited operates in Brazil, Colombia, Ecuador, Peru, Chile, Paraguay, and Uruguay. The company sells its products through its physical stores and digital channel. Lavoro Limited was founded in 2017 and is headquartered in São Paulo, Brazil.

Contact Information

Av. Dr. Cardoso de Melo, 1450, 4th floor, office 401, São Paulo, SP, 04548-005, Brazil

N/A

www.lavoroagro.com

Market Cap

$34.95M

P/E (TTM)

-0.1

0.3

Dividend Yield

52W High

$4.68

52W Low

$0.12

52W Range

Rank58Top 85.6%

2.3

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 2.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q1 2025 Data

Revenue

$369.04M-13.24%

4-Quarter Trend

EPS

-$0.39+271.19%

4-Quarter Trend

FCF

-$133.25M+20.64%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Drops Sharply Total Revenue R$6.52B, down 30.6% from R$9.39B, driven by Brazil Ag Retail inventory financing issues and lower sales volumes.

Brazil Restructuring Plan Ratified EJ Plan ratified by court, stabilizing Lavoro Brazil's supplier obligations and preserving key supply relationships for future operations.

Crop Care Majority Stake Sold Sold majority interest in Crop Care segment for approximately R$400M cash, retaining minority interest and Perterra operations.

Risk Factors

Operating Results Deteriorate FY2025 Loss R$2.88B, significantly worse than R$785.0M loss; Adjusted EBITDA turned negative at (R$472.9M).

Internal Controls Found Ineffective Material weaknesses in IT, process controls, and financial close led to ICFR being deemed not effective as of June 30, 2025.

Debt Covenant Breach Occurred Lavoro Agro Holding S.A. breached Net Debt/EBITDA covenant; R$20.43M in Brazil Ag Retail debt reclassified to current liabilities.

Outlook

Control Remediation Underway Implementing IT corrective measures, centralizing ERP SAP S/4 Hana use, and reviewing control matrices for compliance and effectiveness.

Right-Sizing Core Footprint Reorienting priorities toward operational efficiency, cost discipline, and right-sizing footprint in core Brazilian row-crop regions.

New CEO Appointed December Ruy Cunha stepped down November 30, 2025; Marcelo Pessanha appointed new Chief Executive Officer effective December 1, 2025.

Peer Comparison

Revenue (TTM)

MERC

$1.87B

-8.6%

LVRO

$1.75B

-3.7%

FRD

$584.35M

+30.5%

Gross Margin (Latest Quarter)

BHST

61.4%

+4.6pp

TRX

56.4%

+18.2pp

BIOX

40.9%

+0.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
TRX	$525.13M	-115.3	-7.6%	3.5%
FF	$194.92M	-5.6	-18.7%	0.0%
SMID	$184.55M	15.7	25.0%	5.5%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-15.8%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 13, 2026

EPS:$0.06

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data