Prosus N.V. (PROSY) Q2 2025 Earnings Call Transcript

Prosus N.V. (OTCPK:PROSY) Q2 2025 Earnings Conference Call December 2, 2024 10:00 AM ET

Company Participants

Fabricio Bloisi – Group Chief Executive Officer and Executive Director
Eoin Ryan – Head, Investor Relations
Ervin Tu – Group President and Chief Investment Officer
Nico Marais – Interim Chief Financial Officer

Conference Call Participants

William Packer – BNP
Andrew Ross – Barclays
Cesar Tiron – Bank of America
Monique Pollard – Citi
Joseph Barnet-Lamb – UBS
Marcus Diebel – J.P. Morgan
Michael de Nobrega – Avior
Robert Vink – Kepler
Christopher Johnen – HSBC
Joren van Aken – Degroof

Fabricio Bloisi

Hello, partners. Welcome to our results call. We are very excited that we are running our call today in a new format with more content with a video today morning with our call today in video. So hope you like the change and please send us feedback. Tell us how much we are enjoying the additional transparency we are giving you. And please send us feedback about how we can improve.

As you saw today, we started with — we did a good step — a good start in today results. We are growing around 26%. Our EBIT increased by 5 times. What’s a good start. We made a $13 billion IPO two weeks ago. We sold $2 billion in our assets. But more important, the company is moving faster, is innovating faster, is preparing to create a better future.

So we are quite excited about our initial results. But the most important part, we are here for the next hour to answer all your questions so to guide us in this afternoon, I ask Mr. Eoin, please take the lead.

Question-and-Answer Session

A – Eoin Ryan

Thanks very much, and hello, everyone. I’m excited to be here and my job is to warm the