Vitru Limited (NASDAQ:VTRU) Q3 2023 Earnings Call Transcript

And now this year, Uniasselvi starts to use as well. So there was sum of best practice, plus some new tools that we developed as the new credit score, plus the improvement in the overall macro environment. And just to finish on the credit score, we are also advancing on the use of AI throughout Vitru, AI to support the tutors, for example, in the dealing with the students, AI to give more and more expedite support for students. And also, we are now looking to use AI as well in credit, in cash collection. So this has not yet finished. This is something that we are starting to work with some studies. But there is a clear potential here to use AI as well to improve even further the credit score calculation, for example, for every specific person.

Operator: Questions via webcast not answered in this conference will be answered later by the IR department. This concludes today’s question-and-answer session. I would like to invite Mr. Carlos Freitas to proceed with his closing statements. Please go ahead, sir.

Carlos Freitas: Thank you, Pedro. So thank you all for your continued support for Vitru. We have been delivering quite nice numbers. But anyway, if you have more doubts, we are fully available to solve them. Thank you and good morning.

Operator: That does conclude Vitru’s audio conference for today. Thank you very much for your participation. Have a good day, and thank you for using conference call.