)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Jalles Machado (JALL3) investor relations material
Jalles Machado Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary12 Nov, 2025
Executive summary
Operational efficiency and production improved, with increased harvested area, grinding volumes, and the start of operations at the Santa Victoria mill to boost sugar's share and productivity.
Gross revenue grew 20.4% year-over-year in 6M26, driven by strong export and ethanol sales, despite adverse weather and cost pressures.
Sugar production in Brazil's Center South region declined, tightening global inventory and supporting a positive price outlook for sugar and ethanol.
Ethanol production and consumption remained strong, with favorable pump parity and inventory levels carried over for future sales.
Net income for 6M26 was R$5.0 million, down 84.2% year-over-year, impacted by higher costs and SG&A expenses.
Financial highlights
EBIT for the quarter reached R$130.2 million (24% margin); first half EBIT was R$197 million (20.9% margin), but adjusted EBIT for 6M26 was R$117.2 million, down 40.7% year-over-year.
EBITDA was R$564 million (60% margin), while adjusted EBITDA rose 20% to R$677.5 million in 6M26, with margin at 59.1%.
Net revenue increased 21.4% year-over-year to R$1,145.8 million in 6M26.
Net debt/EBITDA ratio stood at 1.2x, with net debt at R$1,850.8 million and average debt term of 5.1 years.
Cost of sugar equivalent per ton dropped 10.9% year-over-year; in cents per pound, costs fell 18.7% to 11.5¢.
Outlook and guidance
Sugar and ethanol prices are expected to remain above historical averages due to tight inventories and strong demand, but global sugar prices face pressure from surplus expectations.
CapEx will decrease significantly in 2025/26 as the current investment cycle concludes; focus will shift to optimizing existing assets.
Guidance for sugar mix revised downward due to delays and lower quality at Santa Victoria; crushing guidance remains largely intact but with a slight downward trend.
75% of available sugar for 2026/27 is hedged at R$2,475/ton, and 36% for 2027/28 at R$2,530/ton, above current market prices.
Potential investments in corn ethanol and biomethane are under evaluation, with any new projects likely to start from 2027 onward.
Quantify hedge's margin protection for sugar
Mitigate productivity decline and cost increases
Ethanol-oriented shift's impact on profitability?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Jalles Machado earnings date
Q3 202612 Feb, 2026
Next Jalles Machado earnings date
Q3 202612 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage