Core Insights - Nuvini Group Limited reported strong financial results for H1 2024, showcasing a 25% increase in Adjusted EBITDA and significant improvements in operating profitability [1][6][3] Financial Highlights - Adjusted EBITDA reached R$26.5 million, up from R$21.2 million in H1 2023, indicating improved profitability and cost control [6] - Operating profit surged to R$14.2 million, a substantial increase from R$0.3 million in the same period last year, reflecting enhanced operational efficiencies [6] - Net revenue grew by 12.5% to R$92.2 million compared to R$81.9 million in H1 2023 [6] - Net cash from operating activities was R$16.3 million, reinforcing the company's strong cash flow generation capabilities [6] Operational and Strategic Highlights - The company emphasized its disciplined acquisition strategy and operational enhancements, positioning itself as a leader in the Latin American SaaS market [3][4] - Revenue growth was driven by increased customer retention and a growing client base, contributing to double-digit revenue growth [7] - Sales and marketing expenses decreased by 11.6%, demonstrating improved efficiency in customer acquisition [7] - Continued investments in AI-driven solutions and platform improvements were highlighted as key to delivering enhanced value to customers [7]

Group 1 - Nvni Group Limited has regained compliance with Nasdaq's minimum closing bid price requirement as of January 23, 2025 [1] - The company was previously notified on July 16, 2024, for failing to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days [1] - To regain compliance, the company needed to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive trading days [1] Group 2 - Nuvini is headquartered in São Paulo, Brazil, and is recognized as Latin America's leading acquirer of B2B SaaS businesses [2] - The company focuses on profitable companies with recurring revenue and growth potential, fostering an entrepreneurial environment for its acquisitions [2] - Nuvini's long-term strategy emphasizes value creation through partnerships with existing management [2]

Core Viewpoint - Nvni Group Limited has received a notice from Nasdaq regarding non-compliance due to a delay in filing its interim financial statements, but it plans to address this within the stipulated timeframe [1][2][3]. Company Overview - Nvni Group Limited, headquartered in São Paulo, Brazil, is a leading serial acquirer of private SaaS B2B companies in Latin America, focusing on profitable companies with recurring revenue and growth potential [4]. Compliance and Regulatory Details - The company has until March 8, 2025, to either file its Annual Report or submit a Compliance Plan to Nasdaq [2]. - If a Compliance Plan is accepted, the company may have an extension until June 30, 2025, to file the Annual Report [2]. - The notice does not have an immediate effect on the listing of the company's shares on the Nasdaq Capital Market [3].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (NASDAQ:NVNI) ("Nuvini" or the "Company"), the leading serial acquirer of private SaaS B2B companies in Latin America reports financial results for FY 2023: Key highlights: Net revenue: R$ 168,985 million up 36% Gross profit: R$ 102,847, million up 43%Adjusted EBITDA: R$ 44,238 million up 142%. "We are incredibly proud of our FY 2023 performance, which reflects the strength of our business model and the unwavering dedication of our team," said P ...

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”), the leading serial acquirer of private SaaS B2B companies in Latin America, announces the addition of Mr. Aaron Ross as a non-voting board adviser to Nuvini's Board of Directors. Mr Ross is globally recognized for his groundbreaking work in sales development and revenue generation. His book, “Predictable Revenue,” often referred to as the “Sales Bible of Silicon Valley,” has transformed sales strategies for organizatio ...

NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”) today announced that it has received a staff determination letter (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on November 12, 2024. The Determination Letter states that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 An ...

NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”), a leading B2B SaaS acquirer in Latin America, is pleased to announce the successful close of its latest financing round, consisting of a combination of equity and convertible notes. The financing, led by Nuvini’s Founder and CEO, Pierre Schurmann, and existing investors, underscores the company’s strategic growth vision. The convertible notes were secured at a conversion price of $1.10 per share. The premium pricing si ...

NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) ("Nuvini"), the leading serial acquirer of private SaaS B2B companies in Latin America, announced the addition of Mr. José Mário Ribeiro Jr as a non-voting board adviser to Nuvini's Board of Directors. With a career spanning over four decades, Mr. Ribeiro brings extensive experience in entrepreneurship and financial services. Throughout his distinguished career, Mr. Ribeiro has founded over 30 companies within the Grupo Check, exc ...

The annual reconstitution of the Russell US Indexes identifies the 4,000 largest US stocks as of Tuesday, April 30th, ranking them based on total market capitalization. Being part of the US all-cap Russell 3000® Index for one year ensures automatic inclusion in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, along with the relevant growth and value style indexes. FTSE Russell bases membership for its Russell indexes mainly on objective market-capitalization rankings and style ...