Vasta Platform Limited

Vasta Platform Ltd. engages in the provision of end-to-end education and digital solutions that cater to all needs of private schools operating in the K-12 educational segment. It operates through the Content & EdTech Platform and Digital Platform segments. The Content & EdTech Platform segment offers core and complementary educational content solutions through digital and printed content, including textbooks, learning systems, and other complimentary educational services. The Digital Platform segment includes Livro Fácil, a physical and digital e-commerce platform, as well as other digital services. The company was founded in 1966 and is headquartered in São Paulo, Brazil.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Vasta Platform Limited excels in Q4 2022 earnings, eyes growth opportunities

Vasta Platform Limited's Q4 2022 earnings call showcased remarkable financial achievements, underpinned by substantial revenue growth, improved profitability metrics, and a positive outlook for the future. While facing challenges in managing churn rates and competitive dynamics, the company is well-positioned to capitalize on growth opportunities and drive sustainable value creation.

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Vasta Platform Ltd. engages in the provision of end-to-end education and digital solutions that cater to private schools operating in the K-12 educational segment. It operates through the Content & EdTech Platform and Digital Platform segments. The Content & EdTech Platform segment offers core and complementary educational content solutions through digital and printed content, including textbooks, learning systems, and other complimentary educational services. The Digital Platform segment includes Livro Fácil, a physical and digital e-commerce platform, as well as other digital services. The company was founded in 1966 and is headquartered in São Paulo, Brazil.

SÃO PAULO, Brazil, March 24, 2022 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) – “Vasta” or the “Company,” announces today its financial and operating results for the fourth quarter of 2021 (4Q21) ended December 31, 2021. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS).

Vasta Announces Fourth Quarter 2021 Results

MeridianLink

VSTA vs. MLNK: Which Stock Is the Better Value Option?

SÃO PAULO, Brazil, March 17, 2022 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) today announces that it will report fourth quarter 2021 financial results for the period ended December 30, 2021, after the market closes on Thursday, March 24, 2022.

Vasta Platform Limited to Report Fourth Quarter 2021 Financial Results on March 24, 2022

Thomson Reuters

VSTA vs. TRI: Which Stock Is the Better Value Option?

VSTA vs. TRI: Which Stock Should Value Investors Buy Now?

VSTA vs. MLNK: Which Stock Should Value Investors Buy Now?

SÃO PAULO, Brazil, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Vasta Platform Limited, or Vasta (Nasdaq: VSTA) announces today that it has concluded the 2022 commercial cycle with an Annual Contract Value Bookings (the “ACV Bookings”) of R$1,000 million, which represents a 35% increase in comparison to the subscription revenue for the 2021 commercial cycle, calculated from October 2020 through September 2021 (the “2021 Subscription Revenue”). Excluding Plataforma de Ensino Eleva, or “Eleva”), the 2022 ACV Bookings represents a 22% increase in comparison to the 2021 Subscription Revenue.

Vasta announces 2022 ACV Bookings of R$ 1 billion, a 35% year over year growth

SÃO PAULO, Brazil, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) today announced the acquisition, through its wholly-owned subsidiary Somos Sistemas de Ensino S.A., of Phidelis Tecnologia Desenvolvimento de Sistemas Ltda. and MVP Consultoria e Sistemas Ltda. (“Phidelis”).

Vasta acquires Phidelis, a complete platform of academic and financial management for K-12 schools

SÃO PAULO, Brazil, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) is conducting a materiality assessment about the matters related to Environmental, Social and Governance (ESG) standards and requests the contribution of its shareholders and the general investment community. A confidential survey is available through the following link: https://bit.ly/engagement_vasta21. Vasta appreciates your contribution.

Vasta Platform Limited – ESG Materiality Assessment

Vasta Platform Limited (VSTA) CEO Mario Ghio on Q3 2021 Results - Earnings Call Transcript

SÃO PAULO, Brazil, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) – “Vasta” or the “Company,” announces today its financial and operating results for the third quarter of 2021 (3Q21) ended September 30, 2021. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS).

Vasta Announces Third Quarter 2021 Results

SÃO PAULO, Brazil, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) today announces that it will report third quarter 2021 financial results for the period ended September 30, 2021, after the market closes on Thursday, November 11, 2021.

Vasta Platform Limited to Report Third Quarter 2021 Financial Results on November 11, 2021

SÃO PAULO, Brazil, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (“Company” or “Vasta”) (NASDAQ: VSTA) today announced the completion by its subsidiary, Somos Sistemas de Ensino S.A. (“Somos Sistemas”), of the acquisition of all the shares issued by Editora de Gouges S.A. (current name of Editora Eleva S.A., “Editora”), a company that holds all rights and assets related to the K-12 education platform provided by the Eleva group up to this date (“K-12 Education Platform Transaction”). As consideration for the K-12 Education Platform Transaction, it was defined a base purchase price, which takes into consideration the estimated net cash of Editora at closing. The base purchase price is subject to adjustments defined in the K-12 Education Platform Transaction agreement, including net indebtedness adjustments commonly used in similar transactions and adjustments based on the revenue of the K-12 Education Platform business of Editora in 2021 and 2022. Based on the current results, the parties' expectation is that the base purchase price amount in 2021, to be calculated in 2022, will be R$ 580 million, to which an estimated net cash adjustment of approximately R$ 32 million will be added (“K-12 Education Platform Acquisition Price”). The K-12 Education Platform Acquisition Price will be paid in installments over the next five years, all adjusted by the positive variation of the CDI. The first installment, in the amount of R$ 160 million, was paid on this date. The remaining amount will be paid in three (3) equal and annual installments, the first one due in the third anniversary of the closing. Finally, Somos Sistemas and Eleva Educação S.A. (“Eleva”), on this date, and as part of the transactions described above, entered into a commercial agreement effective for 10 years, for the supply of courseware by Somos Sistemas to Eleva and for the formation of a commercial partnership between Saber Serviços Educacionais S.A., Somos Sistemas and Eleva for the development of new educational tools.

Vasta closes acquisition of Editora Eleva

SÃO PAULO, Brazil, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) announces that it has executed on October 25, 2021, through its wholly-owned subsidiary Somos Sistemas de Ensino S.A., a distribution agreement with Instituto Presbiteriano Mackenzie (“Mackenzie”), pursuant to which Vasta will be the sole and exclusive distributor of the Mackenzie Learning System across all of the basic education segments in Brazil that it serves.

Vasta announces agreement for distribution of Mackenzie Learning System

Vasta Platform Limited (VSTA) CEO Mario Ghio on Q2 2021 Results - Earnings Call Transcript

Education company Vasta Platform Ltd's (NASDAQ: VSTA) board of directors has approved its first share repurchase program. Vasta plans to repurchase up to 1 million in Class A common shares beginning August 17, 2021, continuing until the earlier completion or February 17, 2022.

Vasta Platform Stock Gains As Q2 Revenue Surge 17%, Plan For 1M Share Buyback

SÃO PAULO, Brazil, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) – “Vasta” or the “Company,” announces today its financial and operating results for the second quarter of 2021 (2Q21) ended June 30, 2021. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS).

Vasta Announces Second Quarter 2021 Results

SÃO PAULO, Brazil, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited, or Vasta (Nasdaq: VSTA), today announced that its Board of Directors has approved its first share repurchase program, or the Repurchase Program. Under the Repurchase Program, Vasta may repurchase up to 1,000,000 in Class A common shares in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on August 17, 2021, continuing until the earlier of the completion of the repurchase or February 17, 2022, depending upon market conditions. Vasta's Board of Directors will review the Repurchase Program periodically and may authorize adjustments to its terms and size or suspend or discontinue the Repurchase Program. Vasta expects to utilize its existing funds to fund repurchases made under the Repurchase Program.

Vasta Announces Share Repurchase Program

SÃO PAULO, Brazil, July 29, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited, or Vasta (Nasdaq: VSTA), announces today that it has appointed Estela Maris Vieira de Souza to its board of directors as an independent member and as chairwoman of the audit committee. She will fill the vacancy in the board of directors and audit committee due to the passing of Francisco Henrique Passos Fernandes.

Vasta Platform Limited Announces Appointment of New Independent Director

SÃO PAULO, Brazil, July 28, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) today announced that it will report second quarter 2021 financial results for the period ended June 30, 2021, before the market opens on Friday, August 13, 2021.

Vasta Platform Limited to Report Second Quarter 2021 Financial Results on August 13, 2021

SAN DIEGO, June 10, 2021 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Vasta Platform Limited ("Vasta" or the "Company") (NASDAQ: VSTA) for violations of federal securities laws. On or about July 31, 2020, Vasta sold about 18.6 million shares of stock in its initial public stock offering (the "IPO"), at $19.00 a share, raising nearly $353 million in new capital.

VSTA Alert: Johnson Fistel Continues its Investigation of Securities Claims Against Vasta Platform; Investors Suffering Losses Encouraged to Contact Firm

SAO PAOLO, Brazil, May 27, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) today announced the acquisition, through its wholly-owned subsidiary Somos Sistemas de Ensino S.A., of Nota 1000 Serviços Educacionais (“Redação Nota 1000”).

Vasta acquires Redação Nota 1000

SÃO PAULO, Brazil, May 14, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) – “Vasta” or the “Company,” announces today its financial and operating results for the first quarter of 2021 (4Q21) ended March 31, 2021. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS).

Vasta Announces First Quarter 2021 Results

SÃO PAULO, Brazil, May 10, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (NASDAQ: VSTA) today announced that it will report first quarter 2021 financial results for the period ended March 31, 2021, before the market opens on Friday, May 14, 2021.

Vasta Platform Limited to Report First Quarter 2021 Financial Results on May 14, 2021

Vasta Platform is a leading provider of K-12 educational materials and digital software serving Brazil's private school segment. Despite positive underlying growth tailwinds for education in the country, shares of Vasta have been under pressure given ongoing disruptions to the COVID pandemic.

Vasta Platform: Brazilian Education Services Provider Is A Turnaround Pick

SÃO PAULO, Brazil, April 12, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (“Vasta” or the “Company”) (NASDAQ: VSTA) today announced the resignation for personal reasons of Clovis Poggetti Junior as its chief financial officer and investor relations officer and the appointment of Bruno Giardino to serve as the Company's chief financial officer and investor relations officer. Mr. Clovis Poggetti Junior will continue in the Company until April 23, 2021, during which period he will transfer his activities to Bruno Giardino.

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