Private company

IRSA PROPIEDADES COMERCIALES S.A.

IRSA PROPIEDADES COMERCIALES S.A. is an opeators of Nonresidential Buildings company.¹

Last updated Oct 21, 2026.

Overview

-22.5BNet income, fiscal 2021²

IndustryOpeators of Nonresidential Buildings¹
HeadquartersC1¹
Incorporated inArgentina³
Business addressBolivar 108, Buenos Aires, C1 C1066Aab³
Filer categoryNon-accelerated filer³

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2019

142.5%Gross margin²

-437.6%Operating margin²

-382.8%Net margin²

-6.6%Revenue growth, 2019⁴

-44.7%Return on equity²

$8.3BFree cash flow²

Where the money goes

Where each dollar of revenue went, fiscal 2019

Other costs

Other costs100¢$10.2B

Out of $10.2B in revenue.⁴² The company lost money this year.

Where each dollar of operating cash went, fiscal 2019

Kept or used elsewhere

Capital spending2¢$134.0M
Kept or used elsewhere98¢$8.3B

Out of $8.4B of cash from operations.²

Financial statements

Revenue⁴$10.2B in 2019−7% since 2018

Gross profit⁵⁴⁶²$14.5B in 2019+504% since 2016

Operating income⁵⁴⁶²-$44.5B in 2019

Net income⁵⁴⁶²-$38.9B in 2019

Fiscal year	2016	2017	2018	2019
Revenue			$10.9B⁴	$10.2B⁴
Gross profit	2.4B ARS⁵	7.1B ARS⁴	10.1B ARS⁶	14.5B ARS²
Operating income	19.0B ARS⁵	-16.9M ARS⁴	21.9B ARS⁶	-44.5B ARS²
Net income	12.3B ARS⁵	-413.0M ARS⁴	20.3B ARS⁶	-38.9B ARS²
Earnings per share	94 ARS/shares⁵	-3 ARS/shares⁴	156 ARS/shares⁶	-72 ARS/shares²
Earnings per share (diluted)	94 ARS/shares⁵	-3 ARS/shares⁴	156 ARS/shares⁶	-72 ARS/shares²

Total assets⁵⁴²$173.9B in 2019+310% since 2017

Total liabilities⁵⁴⁶$57.7B in 2019+197% since 2017

Shareholders’ equity⁵⁴⁶²$87.2B in 2019+918% since 2015

Cash⁵⁴⁶²$9.0B in 2019+2870% since 2015

Fiscal year	2015	2016	2017	2018	2019
Cash	303.5M ARS⁵	79.0M ARS⁴	5.2B ARS⁶	12.2B ARS²	9.0B ARS²
Total assets			42.4B ARS⁵	106.2B ARS⁴	173.9B ARS²
Total liabilities			19.4B ARS⁵	46.8B ARS⁴	57.7B ARS⁶
Shareholders’ equity	8.6B ARS⁵	48.7B ARS⁴	66.5B ARS⁶	127.6B ARS²	87.2B ARS²
Shares outstanding				126.0M shares⁵	0 shares⁴

Cash from operations⁵⁴⁶²$8.4B in 2019+728% since 2016

Capital spending⁴⁶²$134.0M in 2019+160% since 2017

Free cash flow⁴⁶²$8.3B in 2019+42% since 2017

Fiscal year	2016	2017	2018	2019
Cash from operations	1.0B ARS⁵	5.9B ARS⁴	7.0B ARS⁶	8.4B ARS²
Capital spending		51.5M ARS⁴	52.5M ARS⁶	134.0M ARS²
Free cash flow		5.8B ARS	7.0B ARS	8.3B ARS

Compare IRSA PROPIEDADES COMERCIALES S.A. with another company

What it owns

What IRSA PROPIEDADES COMERCIALES S.A. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Property and equipment, net	1.4B ARS² Jun 30, 2021	528.0M ARS² Jun 30, 2020	+160.0%
Operating-lease assets (leased space)	810.0M ARS² Jun 30, 2021	866.0M ARS² Jun 30, 2020	−6.5%

Real estate and locations

Item	Latest	A year before	Change
Real estate investments, net	144.9B ARS² Jun 30, 2021	176.5B ARS² Jun 30, 2020	−17.9%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	793.0M ARS² Jun 30, 2021	6.9B ARS² Jun 30, 2020	−88.6%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	136.0M ARS² Jun 30, 2021	136.0M ARS² Jun 30, 2020	0%
Intangible assets, net (excluding goodwill)	1.5B ARS² Jun 30, 2021	1.5B ARS² Jun 30, 2020	−3.5%

Inventory

Item	Latest	A year before	Change
Inventory, total	42.0M ARS² Jun 30, 2021	58.0M ARS² Jun 30, 2020	−27.6%

Former names

ALTO PALERMO SA APSAFeb 13, 2001 to Feb 5, 2015³

Filings

13 filings to the SEC since October 2021: 1 annual reports, 12 other. The latest 13:

Nov 1, 202215-12G FORM 15 EDGAR
May 27, 202225-NSE EDGAR
Mar 16, 20226-K INSTALLMENT SERIES II EDGAR
Dec 23, 20216-K SUMMARY OF THE SHAREHOLDERS' MEETING EDGAR
Dec 15, 20216-K 261 DELLA PAOLERA FLOOR SALE EDGAR
Dec 15, 20216-K 261 DELLA PAOLERA'S FLOOR SALE EDGAR
Nov 29, 20216-K EDGAR
Nov 12, 20216-K MERGER - SHAREHOLDERS' MEETING ANNOUNCEMENT EDGAR
Nov 4, 20216-K ARTICLE 63 IQ22 EDGAR
Nov 2, 20216-K MATERIAL FACT - CATALINAS FLOORS SALE EDGAR
Oct 22, 20216-K SHAREHOLDERS' MEETING SUMMARY EDGAR
Oct 20, 202120-F EDGAR
Oct 4, 20216-K MERGER PROPOSAL: EXCHANGE RATIO CALCULATION EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How IRSA PROPIEDADES COMERCIALES S.A. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARIRSA PROPIEDADES COMERCIALES S.A.¹
CIK0001128173
Filer statusNon-accelerated filer¹
Incorporated inArgentina¹
Fiscal year endsJune 30¹
Industry code (SIC)6512 Opeators of Nonresidential Buildings¹
Business addressBolivar 108, Buenos Aires, C1 C1066AAB¹
Phone00541143237400¹
Shares outstanding0 as of Jun 30, 2021²
On EDGAR sinceFeb 13, 2001¹
Filings675 in all: 6-K (562), CORRESP (28), UPLOAD (27), 20-F (20), 144 (6), SC 13D/A (6), 20-F/A (5), 6-K/A (5)¹
All 18 form types
F-1 (3), 424B5 (2), EFFECT (2), F-1/A (2), SC 13G/A (2), 15-12G (1), 25-NSE (1), F-3 (1), RW (1), SC 13G (1)
Latest filingsAnnual report (20-F) Oct 20, 2021

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARIRSA PROPIEDADES COMERCIALES S.A. filings on SEC EDGAR
2
SEC EDGARIRSA PROPIEDADES COMERCIALES S.A. 10-K for fiscal 2021
3
SEC EDGARIRSA PROPIEDADES COMERCIALES S.A. filings on SEC EDGAR
4
SEC EDGARIRSA PROPIEDADES COMERCIALES S.A. 10-K for fiscal 2019
5
SEC EDGARIRSA PROPIEDADES COMERCIALES S.A. 10-K for fiscal 2016
6
SEC EDGARIRSA PROPIEDADES COMERCIALES S.A. 10-K for fiscal 2018