VINTE increased Revenues by 12.8%, EBITDA and Net Income by 15.3% and 11.7%, respectively during 3Q22.
VINTE increases Revenues by 8.8%, EBITDA and Net Income by 23% and generates positive cash flow.
Vinte reports 1Q’22 results with growth of 5.4% in EBITDA and 2.4% in Net Income, starting the year with margin increases.
Offering a Wide Range of Products
Vinte aims to maintain a high level of operational flexibility in its development of integrated communities, leveraging its product offering of up to seven types of homes in the same market at a higher than average price, and adapting its product portfolio to the availability of mortgage financing.
Vinte continuously monitors the performance of pre-sales metrics. This, together with an operations department that focuses on comprehensive planning and pre-sales control, construction and home sales, allows the Company to rapidly realign its construction efforts as needed, optimizing inventory levels of finished homes. During the last eight years, finished homes have remained below 2.9% of the Company’s total housing inventory.
Vinte is able to successfully replicate its business model in markets that the Company considers economically and commercially attractive, benefiting from a low cost structure and maximizing economies of scale. This is achieved thanks to its high operational flexibility, capacity to swiftly adapt to market conditions, and selective growth strategy.
Vinte’s focus on homes for the middle-income and residential segments with higher profit margins, combined with the flexibility of its business model and significant cost synergies, allows the Company to achieve superior profitability.