Verita Insights Magazine VIS magazine final | Page 8

FACTS & FIGURES
DEVELOPMENT PLANS
Verita International School's growth over the last
five years has been remarkable thanks to our
strong support and passionate community of
parents, teachers and students.   Verita’s robust
growth stems from a very strong loyal early years
parent community cultivating organic growth that
has fuelled and fed our primary and secondary
enrolment numbers. The strong demand
throughout this 5-year period has inevitably
created waiting lists for most of the year groups
and classes as a direct consequence of the strong
student enrolment, Verita’s annual revenues have
equally seen major growth.
Starting from 244,000 EUR total revenue in
2014/2015, we have succeeded in reaching over
3,505,000 EUR in 2019/2020.   Based on early
registrations for next year, we have already closed
most of the year groups and have begun creating
waiting lists for the 2020/2021 academic year. 
Using the current registration data and re-
enrolment data, we are accurately estimating a
turnover of 4,300,000 EUR and 415 students
enrolled for the next academic year. These
significant increases in Revenue have enabled the
school to triple our investment to improve the
school’s resources.
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