Vasta Platform Ltd
NASDAQ:VSTA
Vasta Platform Ltd
Vasta Platform Ltd. engages in the provision of end-to-end education and digital solutions that cater to all needs of private schools operating in the K-12 educational segment. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2020-07-31. The firm is dedicated to education. The service offers Digital platform as a service (PaaS). Its segments include Content & EdTech Platform and Digital Platform.
Vasta Platform Ltd. engages in the provision of end-to-end education and digital solutions that cater to all needs of private schools operating in the K-12 educational segment. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2020-07-31. The firm is dedicated to education. The service offers Digital platform as a service (PaaS). Its segments include Content & EdTech Platform and Digital Platform.
Revenue Growth: Vasta reported net revenue of BRL 1.737 billion for the 2025 sales cycle, up 14% from 2024, marking the fourth consecutive year of double-digit growth.
Profitability: Adjusted EBITDA rose 10% to BRL 494 million with a margin of 28.4%, slightly lower than last year due to product mix and higher marketing and growth investments.
Cash Flow Strength: Free cash flow surged 117% to BRL 316 million, driven by efficiency measures and better cash management, with a significant improvement in cash conversion.
Deleveraging: Net debt-to-EBITDA ratio decreased to 1.75x from 2.32x, reflecting progress in reducing leverage.
Strategic Expansion: Complementary solutions grew 25.3% year-over-year, and the B2G segment remained stable, supported by new contracts and expansion into more municipalities.
2026 Outlook: Management expects mid-double-digit revenue growth to continue in 2026, with pricing increases targeted at 1–2% above inflation.