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 ...

Core Viewpoint - Vasta Platform Limited (VSTA) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Vasta Platform is expected to earn $0.66 per share for the fiscal year ending December 2024, reflecting a year-over-year change of 340% [8]. - Over the past three months, the Zacks Consensus Estimate for Vasta Platform has increased by 99%, indicating a positive trend in earnings expectations [8]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Vasta Platform to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10].

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]

Exhibit 99.2 VASTA Platform Limited Unaudited Condensed Interim Consolidated Financial Statements Six-months period ended June 30, 2024 Vasta Platform Limited Unaudited Condensed Interim Consolidated Financial Statements Six-months period ended June 30, 2024 CONTENT | Unaudited Condensed Interim Consolidated Financial Statements Six-months period ended June 30, 2024 | Page | | --- | --- | | Unaudited Condensed Interim Consolidated Statements of Financial Position as of June 30, 2024 and December 31, 2023 F- ...

| --- | |-------| | | | | | | | | 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 belief ...

Vasta Platform Limited (NASDAQ:VSTA) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Marcelo Werneck - Investor Relations Guilherme Melega - Chief Executive Officer Conference Call Participants Mirela Oliveira - Bank of America Marcelo Santos - JP Morgan Mauricio Cepeda - Morgan Stanley Operator Ladies and gentlemen, thank you for standing by. My name is Desiree [ph] and I will be your conference operator today. At this time, I would like to welcome everyone to the Vasta Platfor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) 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) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number: 001-39415 Vasta Platform Limited (Exact name of Registrant as specified in its charter) Not applicable (Translation of ...

Vasta Platform Limited (NASDAQ:VSTA) Q4 2023 Earnings Conference Call March 20, 2024 5:00 PM ET Company Participants Marcelo Werneck - IR Guilherme Melega - CEO Cesar Silva - CFO Conference Call Participants Marcelo Santos - JPMorgan Maria Oliver - Bank of America Operator Good day, everyone and welcome to the Vasta Platform Fourth Quarter 2023 Financial Results Call. Before we begin, I would like to read forward-looking statement. During today's presentation, our executives will make forward-looking s ...

Exhibit 99.1 São Paulo, March 20, 2024 – Vasta Platform Limited (NASDAQ: VSTA) – "Vasta" or the "Company" announces today its financial and operating results for the fourth quarter of 2023 (4Q23) ended December 31, 2023. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS). HIGHLIGHTS 1 · In the 2023 fiscal year, net revenue increased 18% to R$1,486 million, mostly due to the conversion of ACV into revenue and to the perfo ...