05/22/2024

vero.com.br

Vero
General

This page: Quarter and annual results of Vero.

Vero is the internet provider leader in the southeast of Brazil, offers fiber plans of ultra speed with low latency to more than 200 cities.

 

Vero's Consolidated Data

 

Quarter Results

Operational Performance

Thousand 1Q23 2Q23 3Q23 4Q23* 1Q24
Broadband Accesses 798 817 830 1,346 1,348
Fiber Accesses (Anatel) - - - 1,336 1,339
Home Passed 2,700 2,900 3,000 - -
ARPU 94.31 96.34 96.40 - -
Churn - - - - -

*Results consolidated with Americanet in 4Q23.

 

Financial Economic Performance

R$ Thousand 1Q23 2Q23 3Q23 4Q23* 1Q24* ∆Qter ∆Year
Net Revenue 196.8 219.1 220.9 404.7 404.3 0.9% 18.9%
Ebitda Margin 51.7% 52.3% 53.3% 17.5% 52.9% - -
Adjusted Ebitda Margin 52.4% 53.8% 56.2% 47.6% 55.1% - -
Net Profit 15.7 18.5 18.5 - (1.4) 0.1% 122.0%

*Results consolidated with Americanet in 4Q23.

 

Annual Results

R$ Thousand
2019
2020 2021 2022* 2023* ∆Year
Net Revenue 113.6 211.3 420.7 1,284.8 1,587.1 23.5%
Ebitda Margin 41.6% 37.5% 45.1% 45.7% 41.1% -
Adjusted Ebitda Margin - 45.8% 48.3% 50.3% 51.0% -
Net Profit 1.8 29.7 51.7 - - -

*Results consolidated with Americanet in 2022 and 2023.

 

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