Reported Earnings • May 18
First quarter 2026 earnings released: AR$43.36 loss per share (vs AR$24.44 loss in 1Q 2025) First quarter 2026 results: AR$43.36 loss per share (further deteriorated from AR$24.44 loss in 1Q 2025). Revenue: AR$51.8b (up 86% from 1Q 2025). Net loss: AR$17.8b (loss widened 78% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Reported Earnings • Mar 18
Full year 2025 earnings released: AR$2.96 loss per share (vs AR$188 loss in FY 2024) Full year 2025 results: AR$2.96 loss per share (improved from AR$188 loss in FY 2024). Revenue: AR$247.9b (up 54% from FY 2024). Net loss: AR$1.22b (loss narrowed 98% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings. 공시 • Mar 11
Consultatio S.A., Annual General Meeting, Apr 30, 2026 Consultatio S.A., Annual General Meeting, Apr 30, 2026. Location: held remotely, Argentina Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: AR$37.06 (vs AR$10.18 in 3Q 2024) Third quarter 2025 results: EPS: AR$37.06 (up from AR$10.18 in 3Q 2024). Revenue: AR$62.2b (up 61% from 3Q 2024). Net income: AR$15.2b (up 264% from 3Q 2024). Profit margin: 24% (up from 11% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AR$2,060, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 9x in the Real Estate industry in South America. Total returns to shareholders of 549% over the past three years. Reported Earnings • May 16
First quarter 2025 earnings released: AR$27.20 loss per share (vs AR$175 loss in 1Q 2024) First quarter 2025 results: AR$27.20 loss per share (improved from AR$175 loss in 1Q 2024). Revenue: AR$26.2b (up 28% from 1Q 2024). Net loss: AR$11.1b (loss narrowed 84% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 87% per year, which means it is well ahead of earnings. Reported Earnings • Mar 12
Full year 2024 earnings released: AR$188 loss per share (vs AR$241 profit in FY 2023) Full year 2024 results: AR$188 loss per share (down from AR$241 profit in FY 2023). Revenue: AR$161.4b (up 102% from FY 2023). Net loss: AR$76.9b (down 178% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: AR$10.17 (vs AR$4.15 loss in 3Q 2023) Third quarter 2024 results: EPS: AR$10.17 (up from AR$4.15 loss in 3Q 2023). Revenue: AR$38.8b (up 189% from 3Q 2023). Net income: AR$4.17b (up AR$5.87b from 3Q 2023). Profit margin: 11% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 13
Second quarter 2024 earnings released: AR$30.09 loss per share (vs AR$18.30 profit in 2Q 2023) Second quarter 2024 results: AR$30.09 loss per share (down from AR$18.30 profit in 2Q 2023). Revenue: AR$15.2b (up 2.0% from 2Q 2023). Net loss: AR$12.3b (down 265% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has increased by 121% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 26
First quarter 2024 earnings released: AR$147 loss per share (vs AR$2.39 profit in 1Q 2023) First quarter 2024 results: AR$147 loss per share (down from AR$2.39 profit in 1Q 2023). Revenue: AR$17.3b (up 68% from 1Q 2023). Net loss: AR$60.4b (down AR$61.4b from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has increased by 151% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to AR$1,746, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 8x in the Real Estate industry in South America. Total returns to shareholders of 1,706% over the past three years. New Risk • Mar 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 44% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AR$1,423, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 9x in the Real Estate industry in South America. Total returns to shareholders of 1,418% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AR$2,220, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 10x in the Real Estate industry in South America. Total returns to shareholders of 2,297% over the past three years. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to AR$1,741, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 11x in the Real Estate industry in South America. Total returns to shareholders of 1,826% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AR$1,598, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 10x in the Real Estate industry in South America. Total returns to shareholders of 1,471% over the past three years. Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: AR$1.19 (vs AR$1.07 loss in 3Q 2022) Third quarter 2023 results: EPS: AR$1.19 (up from AR$1.07 loss in 3Q 2022). Net income: AR$488.2m (up AR$927.3m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has increased by 131% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to AR$1,255, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 10x in the Real Estate industry in South America. Total returns to shareholders of 1,084% over the past three years. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AR$1,092, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 10x in the Real Estate industry in South America. Total returns to shareholders of 1,079% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to AR$992, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 10x in the Real Estate industry in South America. Total returns to shareholders of 938% over the past three years. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AR$744, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 11x in the Real Estate industry in South America. Total returns to shareholders of 660% over the past three years. Reported Earnings • Mar 15
Full year 2022 earnings released Full year 2022 results: Revenue: AR$33.9b (up 136% from FY 2021). Net income: AR$1.71b (up AR$6.54b from FY 2021). Profit margin: 5.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 97% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AR$466, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 8x in the Real Estate industry in South America. Total returns to shareholders of 591% over the past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Alejando Long Biocca was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Alejando Long Biocca was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 17
Third quarter 2021 earnings released: AR$2.30 loss per share (vs AR$0.52 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: AR$1.37b (up 33% from 3Q 2020). Net loss: AR$941.6m (loss widened 343% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 161 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 21
Second quarter 2021 earnings released: AR$11.76 loss per share (vs AR$0.15 loss in 2Q 2020) The company reported a decent second quarter result with improved revenues, although losses increased and control over costs was weaker. Second quarter 2021 results: Revenue: AR$5.69b (up 476% from 2Q 2020). Net loss: AR$4.82b (loss widened AR$4.76b from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 133 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 23
New 90-day low: AR$97.00 The company is down 17% from its price of AR$117 on 24 November 2020. The Argentinean market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 1.0% over the same period. Is New 90 Day High Low • Jan 09
New 90-day low: AR$100.00 The company is down 5.0% from its price of AR$105 on 09 October 2020. The Argentinean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: AR$115 The company is up 8.0% from its price of AR$106 on 20 August 2020. The Argentinean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is flat over the same period. Reported Earnings • Nov 16
Third quarter 2020 earnings released: AR$0.52 loss per share The company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: AR$1.04b (up 24% from 3Q 2019). Net loss: AR$212.5m (down 112% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 21
New 90-day high: AR$114 The company is up 18% from its price of AR$97.00 on 23 July 2020. The Argentinean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 10.0% over the same period.