Brazil · Delayed Price · Currency is BRL Bradsaúde Earnings Call Transcripts
Fiscal Year 2026
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Membership grew to 13.6 million with strong SME and dental additions, revenue rose 10.8% to BRL 13.9 billion, and net income increased 24.8% year-over-year. Atlântica Hospitais' net income quadrupled, and loss ratio remained stable at 83.3%.
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First quarter 2026 saw 5% revenue growth, strong net margins, and robust membership gains, driven by SME and individual plans. Management remains cautious on claims ratios and medical inflation, while investing in hospital expansion and premium products to sustain long-term growth.
Fiscal Year 2024
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Q3 2024 saw record SME growth, a 16% rise in net income per share, and a 38% loss ratio, with SME and individual plans now 43% of revenue. Strategic focus remains on SME expansion, high profitability, and technology-driven efficiency.