Nvni Group Limited (NVNI)

Nvni Group Income Statement

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

Year	2022	2021
Revenue	124.55	89.86
Revenue Growth (YoY)	38.59%	-
Cost of Revenue	52.81	35.83
Gross Profit	71.73	54.03
Selling, General & Admin	459.75	78.67
Other Operating Expenses	87.74	6.75
Operating Expenses	547.49	85.42
Operating Income	-475.75	-31.39
Interest Expense / Income	-58.48	42.48
Other Expense / Income	0.2	-
Pretax Income	-417.48	-73.86
Income Tax	5.31	3.84
Net Income	-422.78	-77.7
Shares Outstanding (Basic)	32	-
Shares Outstanding (Diluted)	32	-
EPS (Basic)	-13.37	-4.88
EPS (Diluted)	-13.37	-4.88
Free Cash Flow	12.87	-7.81
Free Cash Flow Per Share	0.41	-
Gross Margin	57.60%	60.13%
Operating Margin	-381.99%	-34.92%
Profit Margin	-339.46%	-86.46%
Free Cash Flow Margin	10.33%	-8.69%
EBITDA	-458.72	-17.81
EBITDA Margin	-368.32%	-19.82%
Depreciation & Amortization	17.23	13.58
EBIT	-475.96	-31.39
EBIT Margin	-382.16%	-34.92%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).