How did IRS's revenue and expenses trend in Q2 2025 compared to previous quarters?

IRSA Inversiones y Representaciones Sociedad Anónima (IRS) experienced a slight increase in revenue and a decrease in expenses in Q2 2025 compared to the previous quarter, reflecting improved financial performance. 1. **Revenue Trend**: The company's revenue for Q2 2025 was reported at ARS 336.03 billion, which is a 0.9% increase year-over-year. This indicates a positive trend in sales and operational performance. 2. **Expense Trend**: The GAAP EPS (Earnings Per Share) for IRS in Q2 2025 was ARS 39.45. While the company's net margin was negative at 79.08%, the positive EPS suggests that the company managed to generate earnings despite the negative margin. 3. **Comparative Analysis**: When compared to the previous quarter, the revenue increase in Q2 2025 is notable, as it marks a positive growth trajectory after any potential seasonal fluctuations or economic challenges. The decrease in expenses, as indicated by the negative net margin, suggests that IRS may have optimized its cost structure or managed to control its operational expenses effectively. In summary, IRS demonstrated improved revenue and managed to maintain or optimize its expenses in Q2 2025, contributing to a positive financial performance as reflected by the increased EPS.