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MARKETS / NASDAQ / NVNI
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

Nvni Group Ltd. NVNI

4 fiscal years on record · BRL · FY2024 reported · SEC filings only
BRL 193.3M
▲ 14.4% YoY
BRL 86.2M
▼ 66.2% YoY
BRL 36.8M
In brief

What this company does

The Company acquires, manages and operates profitable business-to-business technology companies, and through its seven existing subsidiary companies operates business-to-business software-as-a-service (B2B SaaS) products in Brazil, serving a diversified customer base of small and mid-sized enterprises across vertical markets. For the years ended December 31, 2025 and 2024, 100% of the Nuvini Group's consolidated revenue was generated in Brazil. Among its acquired businesses, Effecti, Ipê Digital and Mercos are the ones with a material contribution to the Nuvini Group's consolidated revenue. The Company conducts its business through Nuvini Holdings Limited, its direct wholly-owned subsidiary incorporated in the Cayman Islands, which in turn holds Nuvini S.A., a Brazilian sociedade por ações. Nuvini S.A. was founded by Pierre Schurmann and Luiz Busnello in São Paulo, Brazil, on November 21, 2019, under the name Vehuiah Empreendimentos Participações LTDA, and was incorporated as a Brazilian corporation on October 21, 2020. Nvni Group Limited was incorporated with limited liability in the Cayman Islands on November 16, 2022.

Written from the business description in Nvni Group Limited's annual report to the U.S. Securities and Exchange Commission, filed 30 April 2026. Every sentence was checked against that document before publication.

Growth
BRL 193.3M
Revenue, FY2024 · full 4-year series below
Revenue BRL M Net income BRL M
FY2024 · Revenue 193.3 · Net income 86.2
100M200M2021202220232024
Compound annual growth
+29.1%
+3.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−40 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating 8.5% · Net -40.5%
-50%-100%2021202220232024
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow BRL M
FY2024 · FCF 36.8
20M-4M2021202220232024

Total assetsBRL 405.4M
EquityBRL -120.5M
CashBRL 18.0M
Current ratio0.16×

Equity funds -30% of total assets.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · BRL
row low → row highnegative
Metric 2024202320222021
Revenue BRL B0.20.20.10.1
Operating income BRL B0.0−0.2−0.1−0.0
EBITDA BRL B····
Income tax BRL B0.00.00.00.0
Net income BRL B0.10.30.10.1
Free cash flow BRL B0.0−0.00.0−0.0
EPS, diluted BRL −2.58−10.73−6.484.86
Dividend / sh BRL ····
Payout %····
ROE %····

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 18 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 77 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

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