Vasta Platform (VSTA) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Vasta Platform Limited reported an 11% revenue increase to R$1,309 million in the 2024 sales cycle, with a significant rise in subscription revenue and expanded operations in the B2G sector. The company’s Adjusted EBITDA also saw a 15% growth, and they launched a strategic debt restructuring with the issuance of R$500 million in debentures. Additionally, Vasta’s Start-Anglo bilingual school is showing strong growth potential with a broadening geographic presence and a robust pipeline for further expansion.
For further insights into VSTA stock, check out TipRanks’ Stock Analysis page.