Minerva S.A.

Minerva S.A.

MRVSY
Minerva S.A.US flagOther OTC
2.95
USD
- -
- -
728.24MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
131
136.7
172.77
142.66
191.06
151.33
151.44
130.82
163.63
187.56
162.3
205.09
222.57
247.21
Basic EPS, GAAP
-7.54
-8.18
-14.52
2.88
-4.44
-11.8
0.14
4.7
3.63
3.95
2.54
-9.38
3.29
-4.72
Free Cash Flow per Basic Share
7.12
0.23
11.67
5.95
4.38
10.65
13.36
19.34
12.69
14.06
11.97
35
14.46
22.13
Dividend per Share
- -
- -
- -
0.72
0.18
- -
- -
0.93
3.54
1.99
1.78
- -
0.66
- -
Book Value per Share
9.3
1.23
-11.1
1.91
-0.09
-2.69
-0.87
8.79
9.81
9.8
9.77
6.27
12.41
20.31
Tangible Book Value per Share
0.43
-3.06
-18.32
-1.39
-10.33
-9.35
-8.58
0.43
-1.06
-4.83
-6.43
-43.39
-20.33
-27.91
Basic Weighted Avg Shares
42
51
55
68
63
107
113
148
165
165
166
166
246
179
Sales/Revenue/Turnover
5,457
6,987
9,525
9,649
12,104
16,215
17,123
19,406
26,965
30,978
26,892
34,069
54,830
44,330
Operating Margin (%)
9.05
8.49
9.92
9.42
8.18
4.28
8.54
9.24
7.55
7.82
7.62
7.23
7.02
7.15
Depreciation Expense
58
59
75
80
145
222
264
309
347
415
512
669
974
853
Net Income, GAAP
-314
-418
-801
195
-281
-1,265
16
697
599
653
421
-1,559
810
-847
Effective Tax Rate (%)
- -
- -
- -
22.17
- -
- -
- -
9
- -
- -
- -
- -
- -
13.16
Profit Margin (%)
-5.75
-5.99
-8.41
2.02
-2.32
-7.8
0.09
3.59
2.22
2.11
1.57
-4.58
1.48
-1.91
Working Capital
1,501
2,309
1,971
2,848
3,405
2,154
2,641
4,891
6,529
4,857
8,389
7,884
7,269
6,951
LT Debt
3,030
4,602
5,461
5,431
7,420
6,823
7,650
9,409
11,946
11,717
17,780
24,997
22,507
21,559
Total Equity
444
481
-383
522
71
-301
-282
840
654
1,062
660
87
1,893
2,031
Return on Invested Capital (%)
- -
- -
- -
10.01
- -
- -
- -
14.03
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
12.61
- -
- -
- -
14.13
- -
- -
- -
- -
- -
39.47
Return on Common Equity (%)
-68.98
-185.76
- -
- -
- -
- -
- -
- -
41.02
40.34
26.01
-117.16
39.55
-32.9

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
5,121
3,149
5,199
LT Borrowings
24,973
24,320
21,527
LT Finance Leases
24
22
32
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
664
664
975
Market Capitalization
3,323
4,031
5,051

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
24,457
22,848
27,410
Cash, Cash Equivalents & STI
14,461
11,874
12,548
Accounts Receivable, Net
4,184
4,217
6,761
Inventories
4,134
4,832
5,804
Total Current Liabilities
16,573
15,436
20,459
Payables & Accruals
- -
- -
- -
ST Debt
5,121
3,149
5,199
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
73.51%
397.26%
2,070.7%
Free Cash Flow
48.91%
24.77%
-38.71%
Net Income, GAAP
343.19%
-132.56%
-152%
Sales/Revenue/Turnover
20.79%
25.65%
60.94%
Total Cash Common Dividend
- -
- -
-45.1%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,187
7,666
8,501
10,714
34,069
2025
11,196
13,918
14,204
- -
54,830
2026
13,409
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.21
0.6
0.59
- -
-9.38
2025
1.06
1.82
- -
- -
3.29
2026
0.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.66
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Fernando Galletti de Queiroz
Full Time Employees
40,000
Sector
Consumer Defensive
Industry
Agricultural Farm Products
Address
Avenida Antônio Manço Bernardes s/nº Barretos SP Brazil 14781-545
IPO Date
Aug 22, 2012
Business
Minerva S.A. (MRVSY) is a leading South American producer and exporter of fresh beef, live cattle, and by-products, with operations in beef, lamb, pork, and poultry processing segments; the company slaughters cattle across 46 industrial units in Brazil, Paraguay, Argentina, Uruguay, Colombia, Chile, and Australia, operates 23 distribution centers and 18 international offices serving over 100 countries on five continents, and offers branded products including Minerva, Estancia 92, Minerva Angus, Minerva Seleção, Minerva Do Mestre, Frigomerc, Cabaña Las Lilas, Pul, and organic lines, alongside subsidiaries such as Minerva Fine Foods for processed meats, Minerva Ingredients for tallow, meat and bone meal, and bovine blood meal, Minerva Energia for electric power trading, Minerva Leather, Minerva Casings, Minerva Biodiesel, and MyCarbon for carbon credits. Founded in 1957 by the Vilela de Queiroz family and headquartered in Barretos, São Paulo, Brazil, Minerva targets global markets including China, North America, Europe, the Middle East, and Asia, with a slaughter capacity exceeding 40,000 head of cattle per day post-expansions and a focus on sustainability through carbon-neutral certifications, renewable energy seals, and supply chain traceability. In late 2024, the company completed its largest acquisition to date by purchasing 16 Marfrig assets for R$7.5 billion, adding 13 cattle and sheep slaughter and deboning plants plus a distribution center in Brazil, a plant in Argentina, and a lamb facility in Chile, boosting Brazilian slaughter capacity to 22,336 head per day across 21 plants and establishing Chile as a new market; this transformational deal, integrated by early 2025, enhanced synergies, market arbitrage, and leadership as South America's top beef exporter with the most plants approved for China. In 2023, Minerva acquired Breeders and Packers Uruguay SA (BPU Meat) for US$40 million, adding 1,200 head per day capacity in Uruguay, and expanded sheep operations in Australia via joint ventures; recent financial moves include a 2025 Q3 free cash flow of R$2.5 billion, net revenue guidance of R$50-58 billion for 2025, and progress with MyCarbon partnerships covering 145,700 hectares for carbon projects, alongside J.P. Morgan collaborations for working capital optimization supporting growth.

Company News

APIChatGPT
  • Minerva Launches AI Platform for Consumer Marketing with $20M from The General Partnership, 8VC, Lingotto Innovation, Topology Ventures and NBA Investments, Alongside OpenAI Collaboration

  • Minerva Neurosciences Establishes Scientific Advisory Board to Advance Development of Roluperidone and Future Pipeline Programs

  • Minerva Neurosciences to Participate in the 2026 Jefferies Global Healthcare Conference

  • Minerva S.A. (MRVSY) Q1 2026 Earnings Call Transcript

  • MINERVA FOODS REPORTS R$ 13.4 BILLION IN NET REVENUE IN THE FIRST QUARTER OF 2026

  • Minerva Neurosciences Provides First Quarter 2026 Financial Results and Business Updates

  • Minerva Announces Leadership Transition

  • Minerva Neurosciences Announces First Patient Screened in Global Phase 3 Confirmatory Trial of Roluperidone for the Treatment of Negative Symptoms of Schizophrenia

  • Minerva Neurosciences Presents Data from its Open-label Safety Trial Evaluating Roluperidone Co-administered with Olanzapine at SIRS 2026

  • Minerva S.A. (MRVSY) Q4 2025 Earnings Call Transcript

  • MINERVA FOODS REPORTS RECORD NET REVENUE OF R$ 54.8 BILLION IN 2025

  • Minerva Neurosciences to Participate in The Stifel 2026 Virtual CNS Forum

  • Minerva Neurosciences Reports Fourth Quarter and Fiscal Year 2025 Financial Results and Business Updates

  • Minerva Neurosciences to Participate in The Citizens Life Sciences Conference

  • Minerva Neurosciences to Host Virtual KOL Event to Discuss Roluperidone: From Unmet Need to Reality – Potentially the First Treatment for Patients with Negative Symptoms of Schizophrenia, on February 3, 2026

  • Minerva Neurosciences Appoints Dr. Inderjit Kaul to the Company's Board of Directors

  • Minerva S.A. (MRVSY) Q3 2025 Earnings Call Transcript

  • Minerva Foods' free cash flow reaches R$2.5 billion in the third quarter of 2025.

  • Minerva Neurosciences Reports Third Quarter 2025 Financial Results and Business Updates

  • Minerva Neurosciences Announces Financing of up to $200 Million to Advance Roluperidone for the Treatment of Negative Symptoms in Patients with Schizophrenia Through a Phase 3 Confirmatory Trial and Resubmission of its New Drug Application and Preparation for US Commercial Launch, if Approved