VTEX (VTEX) Posts Q1 Revenue of $34.7M

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VTEX Reports First Quarter 2022 Financial Results

May 12, 2022 4:01 PM EDT

GMV and total revenue YoY growth accelerates to 33.3% and 33.7%, respectively

Gross profit increases 46.1% YoY, representing a margin improvement of 563 bps

NEW YORK--(BUSINESS WIRE)-- VTEX (NYSE: VTEX), the enterprise digital commerce platform for premier brands and retailers, the leader in accelerating the digital commerce transformation in Latin America and now expanding globally, today announced results for the first quarter of 2022 ended March 31, 2022. VTEX results have been prepared in accordance with International Accounting Standard 34, Interim Financial Reporting.

Geraldo Thomaz Jr., founder... More