The Vasta platform reports earnings for the first quarter of 2024

Vasta Platform (NASDAQ:VSTA) First Quarter 2024 Results

Key financial results

  • Revenue: R$460.7 million (up 14% compared to Q1 2023).
  • Net profit: R$22.2 million (compared to a loss of R$2.28 million in Q1 2023).
  • Profit margin: 4.8% (increase from net loss in Q1 2023).
NasdaqGS:VSTA Earnings and Revenue Growth, May 10, 2024

All data shown in the chart above is for a 12-month (TTM) period.

Vasta platform earnings statistics

Looking ahead, revenues are forecast to grow at an average of 14% annually over the next 3 years, compared to the US consumer services industry’s growth forecast of 11%.

Efficiency The American consumer services industry.

The company’s shares fell 4.2% from a week ago.

Balance sheet analysis

While it’s important to consider the income statement, you can learn a lot about a company by looking at its balance sheet. We did the analysis and you can see our approach to the Vasta Platform balance sheet.

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