Vittia Annual Report 2022
VITTIA
Statement of income for the year
The statement of income for the year - net profit - reached BRL 147.5 million, a growth of
36.9% compared to 2021.
Income statement (in BRL thousands)
2022
Net revenue
Cost of sales
Gross profit
326,471
2021
851,191 778,915
(524,720) (494,712)
284,203
Change%
9.3%
6.1%
14.9%
Gross margin
38.4%
36.5%
1.9 p.p.
Selling Expenses
(70,272)
(58,740)
19.6%
Provision for expected credit losses
1,595
(1,566)
N/A
Administrative and general expenses
(86,932)
(74,530)
16.6%
Other net operating income (expenses)
10,406
(6,528)
N/A
SG&A
(145,203)
(141,364)
2.7%
Operating profit
181,268
142,839
26.9%
Financial income
Financial expenses
59,015
(69,803) (45,764)
35,278
67.3%
52.5%
Financial result
(10,788)
(10,486)
2.9%
Profit (loss) before income tax and social
contribution
170,481
132,354
28.8%
IR and CSLL - Current and Deferred
(22,996)
(24,614)
(6.6%)
Period result
Net margin
147,485
17.3%
107,740
36.9%
13.8%
3.5 p.p.
Annual Report 2022
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