UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (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, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

São Paulo, March 12, 2025 – Vasta Platform Limited (NASDAQ: VSTA) – "Vasta" or the "Company" announces today its financial and operating results for the fourth quarter of 2024 (4Q24) ended December 31, 2024. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS). HIGHLIGHTS Exhibit 99.1 In the 2024 fiscal year, net revenue increased 13% to R$1,674 million, mostly due to the conversion of Annual Contract Value ("ACV") booking ...

Vasta Platform Limited (NASDAQ:VSTA) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Cesar Silva – Chief Financial Officer Guilherme Melega – Chief Executive Officer Conference Call Participants Lucca Marquezini – Itaú Marcelo Santos – JP Morgan Operator Thank you for standing by. My name is Novi, and I will be your conference operator today. At this time, I would like to welcome everyone to the Vasta Platform Third Quarter 2024 Financial Results Conference Call. All lines ...

| --- | --- | --- | |-------|---------------------------------------------|-------| | | | | | | | | | INDEX | | | | | 3Q24 Earnings Presentation November 7, 2024 | | DISCLAIMER 2 This presentation contains forward-looking statements that can be identified using forward-looking words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. Forward-looking statements appear in several places in this presentation and include, but are not limited ...

Vasta Platform Limited (VSTA) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.03, delivering a surprise of 70%.Over the last four quarters, the company has surp ...

Exhibit 99.2 VASTA Platform Limited Unaudited Condensed Interim Consolidated Financial Statements Nine-months period ended September 30, 2024 Vasta Platform Limited Unaudited Condensed Interim Consolidated Financial Statements Nine-months period ended September 30, 2024 CONTENT | Unaudited Condensed Interim Consolidated Financial | Statements | Page | | --- | --- | --- | | Nine-months period ended September 30, 2024 | | | | Unaudited Condensed Interim Consolidated Statements of Financial Position as of Sept ...

Vasta Platform Limited (VSTA) has been on a downward spiral lately with significant selling pressure. After declining 24.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whet ...

| --- | |-------| | | | | | | | | | | DISCLAIMER 2 This presentation contains forward-looking statements that can be identified using forward-looking words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. Forward-looking statements appear in several places in this presentation and include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management's be ...

Vasta Platform Limited (VSTA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. I ...

Financial Data and Key Metrics Changes - Subscription net revenue for the 2024 cycle-to-date grew by 14% to reach €1.152 billion [4] - Adjusted EBITDA for the 2024 cycle-to-date increased by 15%, reaching BRL 428 million, with an adjusted EBITDA margin of 32.7% [5][9] - Free cash flow for the 2024 cycle-to-date totaled BRL 90 million, an increase of BRL 3 million from BRL 87 million in 2023 [6][12] Business Line Data and Key Metrics Changes - Subscription revenue in Q2 2024 was R$280 million, a 32% increase compared to Q2 2023 [4] - Non-subscription revenue dropped 26% to BRL 15 million, representing only 7% of total revenue [7] - B2G revenue achieved a 71% growth in the sales cycle-to-date, amounting to BRL 69 million, which represents 5% of overall revenue [8] Market Data and Key Metrics Changes - The company reported an organic net revenue growth of 11% in the sales cycle-to-date, amounting to BRL 1.309 billion [8] - The average payment terms of accounts receivable increased to 152 days, which is 3 days higher than the comparable quarter [14] Company Strategy and Development Direction - The company is focusing on regional opportunities to regain market share and enhance its product offerings, particularly in complementary products [27] - The launch of the Start Anglo franchise is a significant avenue for growth, with 30 contracts signed and over 300 prospects in negotiation [18] Management's Comments on Operating Environment and Future Outlook - Management expressed a positive outlook for the B2G business, expecting new contracts in Q3 and Q4 [21] - The company is investing in commercial expenses to support growth in the 2025 sales cycle, indicating a strategy to capture market share [23] Other Important Information - The net debt position as of Q2 2024 was R$1.063 billion, with a net debt to last 12 months adjusted EBITDA ratio of 2.28 times, showing stability [15][16] - A new debenture of R$500 million was issued to strengthen the company's capital structure and reduce the average interest rate of net debt by 50 basis points [17] Q&A Session Summary Question: Insights on B2G business unit's lack of revenue contribution - Management acknowledged no new contracts in B2G but maintained a positive outlook, expecting growth and new contracts in the latter half of the year [21] Question: Increase in commercial expenses and ACV for next year - Management explained the increase in commercial expenses is due to investments in key accounts and regional expenses to grow market share [23] Question: Factors driving ACV growth and competitive landscape - Management highlighted a focus on regional markets and complementary products as key drivers for ACV growth, emphasizing confidence in their competitive advantages [27][29]