Nvni Group Limited (NVNIF) Income Statement

NASDAQ: NVNIFRevenue, profits, margins and EPS over 4 years.

NVNIF 2025 at a glance

Fiscal year ended December 31, 2025 · Brazilian reais
Revenue+1.8%
R$196.7M
2025 · hover or tap a bar for each year
2022: R$124.5M2023: R$169.0M (+35.7%)2024: R$193.3M (+14.4%)2025: R$196.7M (+1.8%)
20222025
Gross profit+4.3%
R$127.8M
2025 · hover or tap a bar for each year
2022: R$71.7M2023: R$102.8M (+43.4%)2024: R$122.5M (+19.1%)2025: R$127.8M (+4.3%)
20222025
Operating income−178.0%
−R$27.2M
2025 · hover or tap a bar for each year
2022: −R$8.8M2023: −R$1.5M2024: R$34.8M2025: −R$27.2M (−178.0%)
20222025
Net income
−R$112.9M
2025 · hover or tap a bar for each year
2022: −R$114.4M2023: −R$254.7M2024: −R$86.2M2025: −R$112.9M
20222025
Net profit margin−12.8 pts
−57.4%
2025 · hover or tap a point for each year
2022: −91.9%2023: −150.7% (−58.9 pts)2024: −44.6% (+106.1 pts)2025: −57.4% (−12.8 pts)
20222025

NVNIF revenue and net income

RevenueNet incomeNet margin (right axis)

Where NVNIF's revenue goes

2025
Revenue
R$196.7M100.0%
Cost of revenue
−R$68.9M−35.0%
Gross profit
R$127.8M65.0%
Sales, general & admin
−R$113.5M−57.7%
Other operating expenses
−R$110.4M−56.1%
Operating income
−R$27.2M−13.8%
Interest & other expense
−R$69.2M−35.2%
Net income
−R$112.9M−57.4%

Each bar shows an amount and its share of revenue. NVNIF kept −57.4% of revenue as net income.

NVNIF profit margins

GrossOperatingNet

NVNIF growth rates

to 2025
1 year3 years5 years10 years
Revenue+1.8%+16.5%——
Gross profit+4.3%+21.2%——
Operating income−178.0%———
Net income————

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

NVNIF income statement in Brazilian reais

Nvni Group Limited annual income statement
2025202420232022
RevenueR$196.7MR$193.3MR$169.0MR$124.5M
Cost of revenueR$68.9MR$70.8MR$66.1MR$52.8M
Gross profitR$127.8MR$122.5MR$102.8MR$71.7M
Sales, general & adminR$113.5MR$85.8MR$122.0MR$80.7M
Total operating expensesR$223.9MR$158.5MR$170.5MR$133.3M
Operating income−R$27.2MR$34.8M−R$1.5M−R$8.8M
Interest incomeR$989,000R$1.1MR$799,000R$638,000
Interest expenseR$60.0MR$71.8MR$19.6MR$15.8M
Income before taxes−R$96.4M−R$68.7M−R$244.3M−R$112.4M
Net income−R$112.9M−R$86.2M−R$254.7M−R$114.4M
EBITDA−R$16.8MR$22.9M−R$206.0M−R$79.4M
Gross margin65.0%63.4%60.9%57.6%
Operating margin−13.8%18.0%−0.9%−7.1%
Net margin−57.4%−44.6%−150.7%−91.9%

Quarterly columns are labeled by the month the quarter ended. Figures in Brazilian reais as reported in NVNIF's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.

NVNIF financial results

In fiscal year 2025 (ended December 31, 2025), Nvni reported revenue of R$196.7 million, up 1.8% from the year before. It had a net loss of R$112.9 million, a net profit margin of −57.4%. Figures are in Brazilian reais, the currency of its financial statements.

See the NVNIF stock overview for the latest quote and news, or the NVNIF chart for price history and technical indicators.

NVNIF income statement FAQ

What is Nvni's annual revenue?

Nvni reported total revenue of R$196.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 1.8% from R$193.3 million the previous year.

Is Nvni profitable?

No. Nvni reported a net loss of R$112.9 million in fiscal 2025, a net profit margin of −57.4%; its operating margin was −13.8%.

What is Nvni's gross margin?

Nvni's gross margin was 65.0% in fiscal 2025: for every $100 of revenue, Nvni kept $65 after the direct cost of its products and services.

When does Nvni's fiscal year end?

Nvni's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.

Software - Application income statements