Vasta Platform reports 13.4% rise in third-quarter net revenue to R$250 million
Vasta Platform Ltd. reported a 13.4% increase in third-quarter net revenue, reaching R$249.6 million, compared to the same period in 2024. This growth was driven by the B2G segment and higher non-subscription revenue, aided by increased enrollment in its flagship schools. The cost of goods sold decreased by 1.4% to R$80.1 million, while general and administrative expenses rose by 3.3% to R$124.7 million. Net debt decreased to R$863.2 million, improving the net debt to LTM adjusted EBITDA ratio to 1.75x from 2.32x year-over-year.
Vasta Platform Ltd. reported net revenue of R$249.6 million in the third quarter of 2025, a 13.4% increase compared to the same period in 2024. The rise was mainly attributed to results in the B2G segment and higher non-subscription revenue, supported by increased enrollment in Start-Anglo flagship schools and Anglo pre-university courses. Cost of goods sold and services decreased by 1.4% to R$80.1 million, while general and administrative expenses rose by 3.3% to R$124.7 million. As of the end of the third quarter, net debt stood at R$863.2 million, a reduction of R$54 million from the previous quarter and R$177 million year-over-year. The net debt to LTM adjusted EBITDA ratio improved to 1.75x from 2.32x in the prior year. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vasta Platform Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-25-014423), on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
