Arco Platform Limited (ARCE) — Financial statements
Income statement, balance sheet, and cash flow for Arco Platform Limited — annual and quarterly history with growth and margin analysis.
| Metric (BRL Millions) | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,775↑44.1% | 1,232↑23.0% | 1,002↑74.9% | 573↑50.4% | 381 | |
| Cost of Revenue | 501↑70.0% | 294↑33.1% | 221↑88.6% | 117↑45.2% | 81 | |
| Gross Profit | 1,275↑36.0% | 938↑20.1% | 781↑71.3% | 456↑51.7% | 300 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 338↑2.9% | 329↑21.5% | 271↑41.3% | 191↑47.5% | 130 | |
| Selling & Marketing Expenses | 665↑34.0% | 496↑33.3% | 372↑86.3% | 200↑76.4% | 113 | |
| SG&A Expenses | 1,003↑21.6% | 825↑28.3% | 643↑64.3% | 391↑61.0% | 243 | |
| Other Expenses | -24↓43.4% | -17↓838.4% | 2↓64.1% | 6↑3065.6% | -0.21 | |
| Operating Expenses | 979↑21.2% | 808↑25.3% | 645↑62.3% | 398↑66.9% | 238 | |
| Total Costs & Expenses | 1,480↑34.2% | 1,103↑27.3% | 866↑68.3% | 515↑61.4% | 319 | |
| Operating Results | ||||||
| Operating Income | 706↑445.9% | 129↓4.5% | 135↑5.6% | 128↑106.7% | 62 | |
| Depreciation & Amortization | 277↑301.9% | 69↓45.8% | 127↑163.8% | 48↑146.6% | 20 | |
| EBITDA | 984↑267.9% | 267↑3.7% | 258↑46.0% | 177↑116.3% | 82 | |
| EBIT | 711↑258.3% | 198↑52.2% | 130↑1.6% | 128↑240.8% | -91 | |
| Interest & Other Income | ||||||
| Net Interest Income | -193↑31.2% | -281↓224.5% | -87↑12.4% | -99↓910.2% | -10 | |
| Interest Income | 445↑388.1% | 91↑1832.0% | 5↓93.4% | 72 | 0.00 | |
| Interest Expense | 638↑71.6% | 372↑307.6% | 91↓46.6% | 171↑1646.8% | 10 | |
| Non-Operating Income | -415↓501.8% | -69↓1449.3% | 5↑107.3% | -70↓145.9% | 153 | |
| Other Income / Expenses | -228↑24.9% | -303↓214.4% | -96↑4.2% | -101↑38.3% | -163 | |
| Income Before Tax | 68↑139.1% | -174↓544.1% | 39↑191.9% | -43↑57.8% | -101 | |
| Income Tax Expense | 28↑282.5% | -16↓169.8% | 22↑167.4% | -33↓84.1% | -18 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 39↑125.0% | -158↓1042.1% | 17↑277.9% | -9↑88.6% | -83 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 39↑125.0% | -158↓1042.1% | 17↑277.9% | -9↑88.6% | -83 | |
| Bottom-Line Net Income | 39↑125.0% | -158↓1042.1% | 17↑277.9% | -9↑88.6% | -83 | |
| EPS (Basic) | 0.71↑122.4% | -3.17↓1156.7% | 0.30↑266.7% | -0.18↑89.0% | -1.64 | |
| EPS (Diluted) | -1.49↑53.0% | -3.17↓1156.7% | 0.30↑266.7% | -0.18↑89.0% | -1.64 | |
| Weighted Average Shares | 56↑12.5% | 50↓10.9% | 56↑8.2% | 52↑2.6% | 50 | |
| Weighted Average Diluted Shares | 56↑12.3% | 50↓10.9% | 56↑7.8% | 52↑2.9% | 50 | |
* All figures in Millions of BRL, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.