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Revenue (Tables)
12 Months Ended
Dec. 31, 2021
Schedule of net sales revenue

 

  2021 2020 2019
       
Tuition fees (*) 2,124,589 1,388,735 856,561
Other 167,441 99,817 43,116
Deductions      
  Granted discounts (229,254) (89,017) (43,767)
  Early payment discounts (49,879) (29,299) (8,523)
  Returns (42,373) (11,437) (7,462)
  Taxes (74,232) (49,629) (28,157)
  PROUNI (176,921) (107,979) (61,138)
Net revenue from contracts with customers 1,719,371 1,201,191 750,630
Timing of revenue recognition of net revenue from contracts with customers      
Tuition, digital content and app subscription fees - Transferred over time 1,640,889 1,128,558 713,827
Other - Transferred at a point in time 78,482 72,633 36,803

 

(*)As mentioned in Note 1, the Company assessed, in connection with the social distancing requirements, whether it has satisfied all performance obligations of its contracts with customers, according to IFRS15, and concluded it was necessary to defer a portion of its net revenues in the second semester of 2020. As result, R$2,361 of net revenue were deferred to the first semester of 2021 and recorded in advances from customers.
Schedule of revenue by segment

Schedule of revenue by segment 

Revenue by segment Undergrad Continuing Education Digital Services Elimination (inter-segment transactions) 2021
           
Types of services or goods 1,498,408 72,983 151,958 (3,978) 1,719,371
Tuition fees 1,486,111 72,983 - - 1,559,094
Other 12,297 - 151,958 (3,978) 160,277
           
Timing of revenue recognition 1,498,408 72,983 151,958 (3,978) 1,719,371
Transferred over time 1,486,111 72,983 81,795 - 1,640,889
Transferred at a point in time 12,297 - 70,163 (3,978) 78,482

 

Revenue by segment Undergrad Continuing Education Digital Services Elimination (inter-segment transactions) 2020
           
Types of services or goods 1,002,461 107,197 93,152 (1,619) 1,201,191
Tuition fees 997,055 107,197 - - 1,104,252
Other 5,406 - 93,152 (1,619) 96,939
           
Timing of revenue recognition 1,002,461 107,197 93,152 (1,619) 1,201,191
Transferred over time 997,055 107,197 24,306 - 1,128,558
Transferred at a point in time 5,406 - 68,846 (1,619) 72,633

 

Revenue by segment Undergrad Continuing Education Digital Services Elimination (inter-segment transactions) 2019
           
Types of services or goods 653,760 64,870 35,880 (3,880) 750,630
Tuition fees 648,957 60,195 - - 709,152
Other 4,803 4,675 35,880 (3,880) 41,478
           
Timing of revenue recognition 653,760 64,870 35,880 (3,880) 750,630
Transferred over time 648,957 64,870 - - 713,827
Transferred at a point in time 4,803 - 35,880 (3,880) 36,803