Vitru Limited, together with its subsidiaries, operates as a distance learning education company in the postsecondary digital education market in Brazil. It operates through three segments: Digital Education Undergraduate Courses, Continuing Education Courses, and On-Campus Undergraduate Courses. The company offers digital education undergraduate courses in hybrid methodology, which consists of weekly in-person meetings with on-site tutors. Its courses primarily comprise pedagogy, business administration, accounting, physical education, engineering, vocational education, and health-related courses. The company also offers continuing education courses primarily in pedagogy, finance, and business, as well as in other subjects, such as law, engineering, IT, and health-related courses through hybrid model, online, and on-campus. In addition, it operates 8 campuses that provides traditional on campus undergraduate courses, including business administration, accounting, physical education, engineering, law, and health-related courses. Vitru Limited was founded in 2014 and is headquartered in Florianópolis, Brazil.
Revenue of Vitru Limited (VTRU)
Revenue in 2023 (TTM): $1.96 B
According to Vitru Limited's latest financial reports the company's current revenue (TTM) is $1.96 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Vitru Limited
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.96 B | $1.29 B | $888.96 M | $95.99 M | $108.79 M |
| 2022 | $1.32 B | $815 M | $580.3 M | $1.1 M | $93.32 M |
| 2021 | $631.1 M | $390.2 M | $289.5 M | $49.4 M | $70.65 M |
| 2020 | $519.2 M | $297.7 M | $225.7 M | $33 M | $52.11 M |
| 2019 | $461.07 M | $249.52 M | $101.17 M | $-77,052,000 | $-66,160,000 |
| 2018 | $383.45 M | $199.29 M | $114.18 M | $-50,215,000 | $-45,204,000 |