MARKETS / NYSE / IRS

NYSE · LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) · MID CAP

Irsa Investments & Representations Inc. IRS

10 fiscal years on record · ARS · FY2024 reported · SEC filings only

Revenue

ARS 468.5B

▲ 2.3% YoY

Net income

ARS 195.2B

In brief

What this company does

IRSA acquires, develops and operates shopping malls, acquires and develops office buildings and other properties for rental, develops and sells residential properties, and operates hotels. It runs its business through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. As of June 30, 2025, it operated and owned a majority interest in a portfolio of 16 shopping malls in Argentina, six of them in the City of Buenos Aires. Its office buildings are all located in the Autonomous City of Buenos Aires. During the fiscal year 2025 it held a 76.34% interest in the Intercontinental hotel, a 100% interest in the Libertador hotel and a 50.00% interest in Llao Llao. The Sales and Developments segment takes in other rental properties and the development, maintenance and sale of undeveloped parcels of land and trading properties, along with real estate sales results. The Others segment takes in entertainment activities through La Arena S.A., La Rural S.A. and Centro de Convenciones Buenos Aires and We Are Appa, and financial activities carried out by Banco Hipotecario and BACS. IRSA Inversiones y Representaciones Sociedad Anónima was founded in 1943, and its shares are listed on ByMA and on the NYSE.

Written from the business description in IRSA INVESTMENTS & REPRESENTATIONS INC's annual report to the U.S. Securities and Exchange Commission, filed 24 October 2025. Every sentence was checked against that document before publication.

Growth

ARS 468.5B

Revenue, FY2024 · full 10-year series below

Revenue ARS B Net income ARS B

FY2024 · Revenue 468.5 · Net income 195.2

Compound annual growth

Revenue

+22.2%

+68.1%

Net income

−11.0%

+40.9%

EPS, diluted

−11.0%

Returned to shareholders

+193.3%

+70.1%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +68.1% a year over five years — but profit grew slower: net income at +40.9%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

42 cents

of every revenue dollar became profit

Operating margin Net margin

FY2024 · Operating 36.8% · Net 41.9%

ROE

FY2024 · ROE 12.7%

Gross margin60.8%

Operating margin36.8%

Net margin41.9%

Return on assets6.0%

EBITDAARS 183.1B

Each ARS of equity produced 13 cents of profit this year.

Cash & shareholders

—

returned in FY2024 · dividends + net buybacks

Free cash flow ARS B

FY2020 · FCF 5.5

Net buybacks ARS B Dividends ARS B

FY2022 · Dividends 36.7 · Net buybacks —

Total assetsARS 3.36T

EquityARS 1.58T

CashARS 176.8B

Gross debtARS 647.1B

Net debtARS 470.3B

Current ratio1.66×

Net debt stands at 30% of equity.

The 10-year record

10 fiscal years

Every figure from documents filed with the SEC · ARS

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue ARS B	468.5	458.1	462.5	257.0	45.9	34.9	28.0	78.2	59.7	12.9
Operating income ARS B	172.6	−285.0	−112.3	209.6	−21.0	95.2	−46.9	29.1	3.4	19.9
EBITDA ARS B	183.1	−275.9	−102.5	217.0	−18.8	96.4	−46.3	38.7	11.0	21.4
Income tax ARS B	45.2	−64.6	−334.2	22.2	76.6	16.5	6.8	−11.1	1.5	6.3
Net income ARS B	195.2	−40.6	312.1	276.7	−105.8	35.1	−55.0	21.0	−1.1	9.5
Free cash flow ARS B	·	·	·	·	5.5	77.0	40.8	15.3	10.2	3.6
EPS, diluted ARS	238.90	−54.73	380.55	339.14	−192.36	60.66	−95.64	36.37	−195.00	16.47
Dividend / sh ARS	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	12	0	−9	4	·	12	−13	·
ROE %	12.7	−2.8	36.7	124.7	−113.0	53.3	−102.6	48.3	−4.3	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 1 failures in 49 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 46 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures

ActivityLand Subdividers & Developers (No Cemeteries)

Listed onNYSE

Incorporated innot stated in the filings

Fiscal year endsJune 30

Data on record since2014