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 |
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Quarter Results
Operational Performance
| Thousand | 1Q24 | 2Q24 | 3Q24 | 4Q24 | 1Q25 | 2Q25 |
|---|---|---|---|---|---|---|
| Broadband Accesses | 1,324 | 1,361 | 1,362 | 1,385 | 1,390 | 1,400 |
| Fiber Accesses* | 1,339 | 1,343 | 1,357 | 1,378 | 1,387 | 1,382 |
| ARPU | 108.0 | 109.4 | 110.0 | 112.0 | 112.8 | - |
| Churn (%) | - | - | - | 1.8% | 1.9% | 1.9% |
| Mobile Accesses | 174 | 185 | 189 | 196 | 200 | 221 |
*Anatel
Financial Economic Performance
| R$ Thousand | 1Q24 | 2Q24 | 3Q24 | 4Q24 | 1Q25 | 2Q25 | ∆Qter | ∆Year |
|---|---|---|---|---|---|---|---|---|
| Net Revenue | 404 | 412 | 414 | 430 | 432 | 436 | 0.8% | 5.8% |
| Ebitda Margin | 52.9% | 47.2% | 52.1% | 53.4% | 51.5% | 55.4% | - | - |
| Adjusted Ebitda Margin | 55.1% | 48.7% | 53.9% | 48.1% | 51.5% | 55.4% | - | - |
| Net Profit | (7.5) | 31.4 | 8.3 | (62) | 42 | 11 | -73.4% | -64.1% |
*Results consolidated with Americanet in 4Q23.
Annual Results
| R$ Thousand | 2019 | 2020 | 2021 | 2022* | 2023* | 2024* | ∆Year |
|---|---|---|---|---|---|---|---|
| Net Revenue | 113.6 | 211.3 | 420.7 | 1,285 | 1,587 | 1,661 | 4.6% |
| Ebitda Margin | 41.6% | 37.5% | 45.1% | 45.7% | 41.1% | 49.2% | - |
| Adjusted Ebitda Margin | - | 45.8% | 48.3% | 50.3% | 51.0% | 51.4% | - |
| Net Profit | 1.8 | 29.7 | 51.7 | - | - | (23.3) | - |
*Results consolidated with Americanet in 2022.