03/20/2025

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

 

 

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.

 

Quarter Results

Operational Performance

Thousand 1Q23 2Q23 3Q23 4Q23* 1Q24 2Q24 3Q24 4Q24
Broadband Accesses 1,413 1,429 1,442 1,346 1,324 1,361 1,362 1,387
Fiber Accesses 1,399 1,416 1,431 1,336 1,339 1,343 1,357 1,378
Home Passed 2,700 2,900 3,000 - - - -  
ARPU 94.31 96.34 96.40 107.9 108.0 109.4 110 112

*Results consolidated with Americanet in 4Q23.

 

Financial Economic Performance

R$ Thousand 1Q23 2Q23 3Q23 4Q23* 1Q24 2Q24 3Q24 4Q24 ∆Qter ∆Year
Net Revenue 197 219 221 405 404 412 414 430 3.8% 6.3%
Ebitda Margin 51.7% 52.3% 53.3% 17.5% 52.9% 47.2% 52.1% 53.4% - -
Adjusted Ebitda Margin 52.4% 53.8% 56.2% 47.6% 55.1% 48.7% 53.9% 48.1% - -
Net Profit 15.7 18.5 18.5 - (1.4) 31.4 8.3 (62) - -

*Results consolidated with Americanet in 4Q23.

 

 

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