Over the last three years, we have seen an increase in our
Earned Revenue (ER) of almost 6 times, from US$ 180K in 2016
to US$ 1M in 2018 (see graph below).
Financials
This increase is mostly driven by:
Becoming a self-sustaining organization to cover
our core operations is a priority for Laboratoria
in the medium run. To get there, we have tested
and scaled the following revenue streams:
Consolidated Earned Revenue
USD in thousands
% Sustainability
2.0M
Student payback
Working graduates pay
approximately 20% of their
salaries back to Laboratoria
for two years
41%
1.5M
36%
0.5M
0.0M
2. Better payback rates in our repayment program
24%
1.0M
1. The growth in the number of employed
graduates, as they pay for the training
received only once they have secured a job in
technology
3. Higher and more frequent company fees for
recruiting our talent
17%
180 496 1,114 1,730
2016 2017 2018 2019(e)
4. Corporate Training offered to companies
that need support in embracing digital
transformation
Company fees
Companies pay a fee to take
part in recruitment events and
hire our students
Consolidated Expenses
USD in thousands
Along with the increase in revenue, expenses
have also risen but at a lower pace, going from
US$ 1M in 2016 to US$ 3.2M in 2018.
5M
4M
This increase during the last 3 years mainly
responds to two new sites - Guadalajara
and São Paulo - and the strengthening of
operations in Lima, Mexico City, Santiago de
Chile, as well as the regional team.
3M
Corporate training
We offer courses for
companies undergoing digital
transformation
2M
1M
0M
22|Laboratoria Impact Report
1,082 2,035 3,118 4,264
2016 2017 2018 2019(e)
Laboratoria Impact Report|23