Vitru Educação Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,259	2,142	1,963	1,317	631.15
Revenue Growth (YoY)	5.47%	9.13%	48.98%	108.72%	21.57%
Cost of Revenue	776.28	746.65	669.48	502.33	240.92
Gross Profit	1,483	1,395	1,293	815.02	390.22
Selling, General & Admin	666.44	657.43	606.08	424.17	200.83
Other Operating Expenses	228.41	2.53	-1.59	-4.42	0.31
Operating Expenses	894.85	892.07	868.03	607.29	311.83
Operating Income	587.95	503.1	425.01	207.73	78.4
Interest Expense	-429.98	-446.5	-338.47	-234.2	-65.06
Interest & Investment Income	-	56.43	56.62	57.94	41.44
Currency Exchange Gain (Loss)	-	-2.19	-0.63	-1.61	2.11
Other Non Operating Income (Expenses)	103.87	-36.16	-22.61	-22	-7.85
EBT Excluding Unusual Items	261.84	74.69	119.92	7.86	49.04
Gain (Loss) on Sale of Assets	-	1.08	-	-	-
Asset Writedown	-	-56.44	-9.44	-11.37	-0.01
Other Unusual Items	-	-15.25	-0.61	4.63	0.38
Pretax Income	261.84	4.08	109.87	1.12	49.41
Income Tax Expense	-108.05	-284.68	-12.8	-92.2	-21.24
Net Income	369.89	288.75	122.67	93.32	70.65
Net Income to Common	369.89	288.75	122.67	93.32	70.65
Net Income Growth	28.10%	135.39%	31.45%	32.09%	35.56%
Shares Outstanding (Basic)	134	134	134	27	23
Shares Outstanding (Diluted)	145	140	134	29	24
Shares Change (YoY)	3.31%	4.65%	365.08%	18.06%	25.54%
EPS (Basic)	2.77	2.15	0.91	3.52	3.08
EPS (Diluted)	2.55	2.06	0.91	3.23	2.89
EPS Growth	23.79%	126.37%	-71.83%	11.77%	7.84%
Free Cash Flow	326.74	197.64	192.84	81.15	39.04
Free Cash Flow Per Share	2.25	1.41	1.44	2.81	1.60
Dividend Per Share	-	0.022	-	-	-
Gross Margin	65.64%	65.14%	65.89%	61.87%	61.83%
Operating Margin	26.03%	23.49%	21.66%	15.77%	12.42%
Profit Margin	16.37%	13.48%	6.25%	7.08%	11.19%
Free Cash Flow Margin	14.46%	9.23%	9.83%	6.16%	6.19%
EBITDA	812.55	643	576.93	289.35	98.28
EBITDA Margin	35.97%	30.02%	29.40%	21.96%	15.57%
D&A For EBITDA	224.6	139.91	151.91	81.62	19.88
EBIT	587.95	503.1	425.01	207.73	78.4
EBIT Margin	26.03%	23.49%	21.66%	15.77%	12.42%
Advertising Expenses	-	276.11	255.51	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.