Vitru Ltd
NASDAQ:VTRU
Income Statement
Earnings Waterfall
Vitru Ltd
Revenue
|
2B
BRL
|
Cost of Revenue
|
-669.5m
BRL
|
Gross Profit
|
1.3B
BRL
|
Operating Expenses
|
-627.9m
BRL
|
Operating Income
|
665.1m
BRL
|
Other Expenses
|
-556.3m
BRL
|
Net Income
|
108.8m
BRL
|
Income Statement
Vitru Ltd
Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
415
N/A
|
454
+9%
|
602
+33%
|
631
+5%
|
658
+4%
|
800
+21%
|
1 053
+32%
|
1 317
+25%
|
1 584
+20%
|
1 797
+13%
|
1 884
+5%
|
1 963
+4%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(158)
|
(169)
|
(237)
|
(241)
|
(253)
|
(311)
|
(413)
|
(502)
|
(589)
|
(646)
|
(645)
|
(670)
|
|
Gross Profit |
257
N/A
|
284
+11%
|
365
+28%
|
390
+7%
|
405
+4%
|
488
+21%
|
640
+31%
|
815
+27%
|
995
+22%
|
1 151
+16%
|
1 240
+8%
|
1 293
+4%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(139)
|
(158)
|
(206)
|
(201)
|
(202)
|
(269)
|
(332)
|
(427)
|
(509)
|
(537)
|
(599)
|
(628)
|
|
Selling, General & Administrative |
(138)
|
(154)
|
(199)
|
(190)
|
(193)
|
(249)
|
(280)
|
(346)
|
(398)
|
(405)
|
(467)
|
(620)
|
|
Depreciation & Amortization |
0
|
(2)
|
(5)
|
(11)
|
(10)
|
(21)
|
(49)
|
(78)
|
(109)
|
(129)
|
(129)
|
0
|
|
Other Operating Expenses |
(1)
|
(2)
|
(2)
|
0
|
0
|
1
|
(2)
|
(2)
|
(2)
|
(4)
|
(3)
|
(8)
|
|
Operating Income |
118
N/A
|
126
+7%
|
159
+25%
|
190
+19%
|
203
+7%
|
219
+8%
|
308
+41%
|
389
+26%
|
486
+25%
|
614
+26%
|
640
+4%
|
665
+4%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(21)
|
(27)
|
(30)
|
(22)
|
(15)
|
(47)
|
(111)
|
(178)
|
(251)
|
(267)
|
(261)
|
(306)
|
|
Non-Reccuring Items |
(64)
|
(74)
|
(97)
|
(111)
|
(111)
|
(122)
|
(140)
|
(188)
|
(210)
|
(251)
|
(260)
|
(264)
|
|
Total Other Income |
(7)
|
(6)
|
(8)
|
(8)
|
(9)
|
(16)
|
(19)
|
(22)
|
(25)
|
(24)
|
(25)
|
(0)
|
|
Pre-Tax Income |
27
N/A
|
19
-27%
|
23
+21%
|
49
+111%
|
67
+36%
|
34
-50%
|
38
+13%
|
1
-97%
|
1
+18%
|
72
+5 423%
|
95
+32%
|
96
+1%
|
|
Net Income | |||||||||||||
Tax Provision |
32
|
16
|
15
|
21
|
6
|
44
|
73
|
92
|
124
|
120
|
59
|
13
|
|
Income from Continuing Operations |
58
|
35
|
38
|
71
|
73
|
78
|
111
|
93
|
126
|
192
|
153
|
109
|
|
Net Income (Common) |
58
N/A
|
35
-40%
|
38
+9%
|
71
+85%
|
73
+3%
|
78
+7%
|
111
+42%
|
93
-16%
|
126
+35%
|
192
+53%
|
153
-20%
|
109
-29%
|
|
EPS (Diluted) |
2.36
N/A
|
1.42
-40%
|
1.54
+8%
|
3.08
+100%
|
2.98
-3%
|
2.83
-5%
|
3.51
+24%
|
3.52
+0%
|
3.5
-1%
|
5.38
+54%
|
4.53
-16%
|
3
-34%
|