Vasta Platform Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,737	1,674	1,486	1,264	947.42	997.63
Revenue Growth (YoY)	13.60%	12.64%	17.56%	33.45%	-5.03%	0.80%
Cost of Revenue	679.03	653.45	570.91	473.14	396.83	378
Gross Profit	1,058	1,021	915.37	791.15	550.59	619.63
Selling, General & Admin	697.83	647.44	711.62	665.67	594.72	571.52
Other Operating Expenses	60.49	72.88	88.81	49.4	27.17	20.73
Total Operating Expenses	758.32	720.32	800.43	715.07	621.89	592.25
Operating Income	300.08	300.42	114.94	76.08	-71.3	27.37
Interest Income	275.54	267.51	70.29	88.56	35.64	20.98
Interest Expense	-251.96	-260.84	-304.93	-270.32	-120.18	-119.41
Total Non-Operating Income (Expense)	23.59	6.67	-234.64	-181.77	-84.54	-98.43
Pretax Income	312.42	307.09	-119.71	-105.69	-155.84	-71.05
Provision for Income Taxes	-176.11	-179.26	-36.73	-51.11	-37.09	-
Net Income	488.28	486.49	-83.77	-54.57	-118.75	-45.65
Minority Interest in Earnings	-0.25	0.13	-0.79	-	-	-
Net Income to Common	488.28	486.49	-83.77	-54.57	-118.75	-45.65
Shares Outstanding (Basic)	80	80	81	83	83	83
Shares Outstanding (Diluted)	80	80	81	83	83	83
Shares Change (YoY)	0.09%	-0.99%	-1.99%	-0.89%	0.46%	-0.18%
EPS (Basic)	6.09	6.07	-1.02	-0.66	-1.44	-0.55
EPS (Diluted)	6.09	5.99	-1.02	-0.66	-1.44	-0.55
Free Cash Flow	268.78	143.1	197.32	113.7	-42.52	213.82
Free Cash Flow Growth	87.83%	-27.48%	73.55%	-	-	-
Free Cash Flow Per Share	-	1.78	2.40	1.37	-0.51	2.58
Gross Margin	60.92%	60.97%	61.59%	62.58%	58.11%	62.11%
Operating Margin	17.27%	17.94%	7.73%	6.02%	-7.53%	2.74%
Profit Margin	28.12%	29.05%	-5.58%	-4.32%	-12.53%	-4.58%
FCF Margin	15.47%	8.55%	13.28%	8.99%	-4.49%	21.43%
EBITDA	591.13	594.5	402.72	344.79	139.86	201.46
EBITDA Margin	34.02%	35.51%	27.10%	27.27%	14.76%	20.19%
EBIT	300.08	300.42	114.94	76.08	-71.3	27.37
EBIT Margin	17.27%	17.94%	7.73%	6.02%	-7.53%	2.74%
Effective Tax Rate	-56.37%	-58.37%	30.68%	48.36%	23.80%	0.00%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q