Vitru Ltd (OQ:VTRU)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| Company Contact | |
| Address: | Rodovia Jose Carlos Daux 5500, Jurere A, 2Nd Fl, Saco Grande FLORIANOPOLIS 88.032-005 |
| Tel: | N/A |
| Website: | https://vitru.com.br |
| IR: | See website |
| Key People | ||
| Carlos Eduardo Martins E. Silva Chairman of the Board | Pedro Jorge Guterres Quintans Graca Co-Chief Executive Officer | William Victor Kendrick De Matos Silva Co-Chief Executive Officer |
| Wilson De Matos Silva Vice Chairman of the Board | Carlos Henrique Boquimpani De Freitas Chief Financial Officer and Investor Relations Officer | Ana Paula Rodrigues Chief People and Management and Services Officer |
| Business Overview |
| Vitru Ltd is a Brazil-based company that operates in the Higher Education segment by offering digital education undergraduate programs as well as on-campus undergraduate programs, graduate courses, technical and professional qualification courses. The Company's mission is to democratize access to education in Brazil through a digital ecosystem. Vitru Ltd offers more than 330 courses through the Virtual Learning Environment (VLE), which is delivered in multiple formats (videos, eBooks, podcasts, and html texts, among others), offering accessible digital contents to different learning styles. The Company's portfolio comprises Technical Courses, Professional Qualification Courses, Digital Education Undergraduate Courses (Bachelor's, Licentiate's, and Vocational degrees), OnCampus Undergraduate Courses (Bachelor's, Licentiate's, and Vocational degrees) as well as DE Graduate programs. Vitru Ltd has several subsidiaries such as FAC Educacional Ltda and FAIR Educacional Ltda. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Vitru Ltd revenues increased 49% to R$1.96B. Net income increased 17% to R$108.8M. Revenues reflect Distance learning undergraduate courses segment increase of 42% to R$1.41B, On-campus undergraduate courses segment increase of 78% to R$446.2M. Net income was partially offset by Interest on loans and financing increase of 59% to R$264.3M (expense). |
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