Yduqs (YDUQ3) reported net income of R$149.5 million in the first quarter of 2020.

Posted at 6:21 pm

Yduqs (YDUQ3) released its results for the first quarter of 2023 (1Q23) on Tuesday night the 9th.

Adjusted Ebitda for education totaled R$484.4 million, up 21% compared to Q1 2022.

Yduqs net revenue was R$ 1.31 billion in the first quarter of 2020, up 10.1% year-on-year.

Yduqs also revealed predictions. The Company expects consolidated adjusted Ebitda to be between R$371 million and R$404 million in the second quarter of 2023 (2Q23). In the second quarter of the year 22, the amount was R$ 337 million.

Investment projections reach R$450 million in 2023, which is less than the R$492 million disbursed in 2022.

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