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Nvni Group Limited Reports Record 2024 Financial Results

GlobeNewswire LogoGlobeNewswire13h ago

Nvni Group Limited Reports Record 2024 Financial Results - GlobeNewswire

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Forward-looking statements contained in this press release include, but are not limited to, statements about the ability of Nuvini to: realize the benefits expected from this strategic partnership; achieve projections and anticipate uncertainties relating to the business, operations and financial performance of Nuvini, including (i) expectations with respect to financial and business performance, including financial projections and business metrics and any underlying assumptions, (ii) expectations regarding market size, future acquisitions, partnerships or other relationships with third parties, (iii) expectations on Nuvini’s proprietary technology and related intellectual property rights, and (iv) future capital requirements and sources and uses of cash, including the ability to obtain additional capital in the future; enhance future operating and financial results; comply with applicable laws and regulations; stay abreast of modified or new laws and regulations applying to its business, including privacy regulation; anticipate rapid technological changes; and effectively respond to general economic and business conditions.

Eastern Time ~ NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) ("Nuvini” or the "Company”), a leading acquirer of private SaaS B2B companies in Latin America, today announced its financial results for the full year of 2024, highlighted by record revenue, improvements across KPIs and execution of M&A strategy.2024 Key Financial & Operational Highlights: Record Net Operating Revenue of R$193.3 million, an increase of R$24.3 million, or 14.4%, compared to R$169.0 million for 2023, driven mainly by an increase in SaaS subscription revenue, increased customer retention and a growing client base.

~ Record FY24 Revenue of R$193.3 Million, up 14.4% from 2023 ~ ~ Delivered the Company’s First Operating Profit of R$16.5 Million ~ ~ Significant Improvement in Adjusted EBITDA of R$57.4 Million, up 30% Compared to FY23 ~ ~ Nuvini CEO Pierre Shurmann to Host Investor Webinar on Friday, May 9th, 2025 at 11:00a.m.

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Article Details

Author / Journalist: Nvni Group Limited

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 12:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1127 words

Reading Time: 7 minutes read

Sentences: 39 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28309072

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Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 84 posts per day

Year Established: 1998

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News Last Updated: 8 hours ago

Coverage Areas: China

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Publisher ID: #116

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