CVC Brasil recorded a net loss of 74.5 million reais in the fourth quarter of 2023, lower than the loss of 96.8 million reais in the same period of the previous year, the balance sheet published this Tuesday showed.
Earnings before interest, taxes, depreciation and amortization (Ebitda) fell 34.3% year-on-year to 54.3 million reais in the final quarter of last year. Net of adjustments, Ebitda for the period amounted to 86.4 million reais.
Net revenues, in turn, amounted to 492 million reais, up 53.1% on an annual basis.
Source: Terra
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