Private company

Lavoro Ltd

Lavoro Ltd is an exempted company.1

Last updated Oct 21, 2026.

Overview

9.4BRevenue, fiscal 20242
-785.0MNet income, fiscal 20242
  • IndustryRetail-Miscellaneous Retail1
  • HeadquartersE91
  • Incorporated inCayman Islands3
  • Business addressAvenida Dr. Cardoso De Melo, 1450, 4Th Floor, Office 401, Sao Paulo, 045480053
  • Filer categoryAccelerated filer3

The Registrant is an exempted company incorporated with limited liability in the Cayman Islands on August 25, 2022. The Registrant owns no material assets other than its direct equity interests in its wholly-owned subsidiaries, Second Merger Sub and Lavoro Agro Limited. In addition, the Registrant does not operate any business other than through its subsidiaries.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in BRL, the currency the company reports in.

Key numbers, fiscal 2024

14.2%Gross margin2
0.1%Operating margin2
-8.4%Net margin2
0.5%Revenue growth, 20242
-57.8%Return on equity2
0.03×Debt to equity2
51.3M BRLFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue76¢8.1B BRL
  • Selling, general and admin13¢1.4B BRL
  • Interest11¢1.1B BRL
  • Income tax0¢25.6M BRL

Out of 9.4B BRL in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Capital spending69¢114.4M BRL
  • Dividends paid2¢4.1M BRL
  • Kept or used elsewhere29¢47.3M BRL

Out of 165.8M BRL of cash from operations.2

Financial statements

Revenue529.4B BRL in 2024+84% since 2021
02.5B BRL5.0B BRL7.5B BRL10.0B BRL2021: 5.1B BRL5.1B BRL20212022: 7.7B BRL7.7B BRL2022+52%2023: 9.3B BRL9.3B BRL2023+21%2024: 9.4B BRL9.4B BRL2024+0%
Gross profit521.3B BRL in 2024+82% since 2021
0500.0M BRL1.0B BRL1.5B BRL2.0B BRL2021: 735.9M BRL735.9M BRL20212022: 1.3B BRL1.3B BRL2022+80%2023: 1.7B BRL1.7B BRL2023+31%2024: 1.3B BRL1.3B BRL2024−23%
Operating income5211.9M BRL in 2024−91% since 2021
0100.0M BRL200.0M BRL300.0M BRL400.0M BRL2021: 132.0M BRL132.0M BRL20212022: 359.9M BRL359.9M BRL2022+173%2023: 226.9M BRL226.9M BRL2023−37%2024: 11.9M BRL11.9M BRL2024−95%
Net income52-785.0M BRL in 2024
-1.0B BRL-750.0M BRL-500.0M BRL-250.0M BRL0250.0M BRL2021: 21.5M BRL21.5M BRL20212022: 107.8M BRL107.8M BRL2022+400%2023: -218.7M BRL-218.7M BRL20232024: -785.0M BRL-785.0M BRL2024+259%
Fiscal year20202021202220232024
Revenue5.1B BRL57.7B BRL29.3B BRL29.4B BRL2
Cost of revenue6.4B BRL27.6B BRL28.1B BRL2
Gross profit735.9M BRL51.3B BRL21.7B BRL21.3B BRL2
Selling, general and admin1.0B BRL21.2B BRL21.4B BRL2
Operating income132.0M BRL5359.9M BRL2226.9M BRL211.9M BRL2
Interest618.1M BRL2875.0M BRL21.1B BRL2
Income before tax140.4M BRL2-390.9M BRL2-810.6M BRL2
Income tax32.7M BRL2-172.3M BRL2-25.6M BRL2
Net income21.5M BRL5107.8M BRL2-218.7M BRL2-785.0M BRL2
Earnings per share0 BRL/shares51 BRL/shares2-2 BRL/shares2-7 BRL/shares2
Earnings per share (diluted)0 BRL/shares51 BRL/shares2-2 BRL/shares2-7 BRL/shares2
Shares (weighted, basic)113.6M shares2113.6M shares2113.6M shares2
Shares (weighted, diluted)113.6M shares2115.2M shares2117.1M shares2

Compare Lavoro Ltd with another company

Corporate structure

Lavoro Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Lavoro Ltd

  • Lavoro Ltd E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Lavoro Ltd 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

ItemLatestA year beforeChange
Property and equipment, net236.8M BRL2 Jun 30, 2024196.6M BRL2 Jun 30, 2023+20.4%
Operating-lease assets (leased space)202.2M BRL2 Jun 30, 2024173.7M BRL2 Jun 30, 2023+16.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents911.3M BRL2 Jun 30, 2024564.3M BRL2 Jun 30, 2023+61.5%

Inventory

ItemLatestA year beforeChange
Inventory, total1.8B BRL2 Jun 30, 20241.9B BRL2 Jun 30, 2023−4.7%

Filings

96 filings to the SEC since October 2021: 4 annual reports, 2 large holders, 90 other. The latest 20:

  1. Mar 6, 202615-12G EDGAR
  2. Feb 26, 2026EFFECT EDGAR
  3. Feb 25, 2026POS AM EDGAR
  4. Feb 25, 2026S-8 POS EDGAR
  5. Feb 24, 202625 EDGAR
  6. Feb 13, 20266-K EDGAR
  7. Dec 30, 202520-F EDGAR
  8. Dec 30, 20256-K EDGAR
  9. Dec 19, 20256-K EDGAR
  10. Nov 26, 20256-K EDGAR
  11. Nov 24, 20256-K EDGAR
  12. Nov 5, 20256-K EDGAR
  13. Nov 3, 2025NT 20-F EDGAR
  14. Sep 9, 20256-K EDGAR
  15. Jul 14, 20256-K EDGAR
  16. Jun 27, 20256-K EDGAR
  17. Jun 18, 20256-K EDGAR
  18. Jun 2, 20256-K EDGAR
  19. Feb 3, 20256-K EDGAR
  20. Feb 3, 20256-K EDGAR

The 96 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

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

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Lavoro Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLavoro Ltd1
  • CIK0001945711
  • Filer statusAccelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsJune 301
  • Industry code (SIC)5900 Retail-Miscellaneous Retail1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business addressAvenida Dr. Cardoso De Melo, 1450, 4Th Floor, Office 401, Sao Paulo, Sao Palo 04548005, Brazil1
  • Phone55 11 4280-07091
  • Shares outstanding114,585,757 shares as of Jun 30, 20254
  • AuditorERNST & YOUNG, São Paulo, Brazil PCAOB ID 1448; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceSep 15, 20221
  • Filings110 in all: 6-K (49), 425 (14), CORRESP (7), UPLOAD (6), EFFECT (5), 20-F (4), F-4/A (4), 424B3 (3)1
    All 24 form types

    NT 20-F (2), POS AM (2), 15-12G (1), 25 (1), 424B4 (1), 8-A12B (1), CERT (1), F-1 (1), F-1/A (1), F-3 (1), F-3/A (1), F-4 (1), S-8 (1), S-8 POS (1), SC 13D (1), SC 13G (1)

  • Latest filingsAnnual report (20-F) Dec 30, 2025

Securities registered for trading

ClassSymbolExchange
Class A ordinary shares, par value $0.001 per shareLVROThe Nasdaq Stock Market LLC
Warrants to purchase Class A ordinary shares, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per shareLVROWThe Nasdaq Stock Market LLC

From the cover page of the 20-F filed Dec 30, 2025 (Section 12(b) of the Exchange Act).4