Afya Limited Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,697	3,304	2,876	2,329	1,719
Revenue Growth (YoY)	11.89%	14.90%	23.48%	35.46%	43.14%
Cost of Revenue	1,314	1,216	1,110	859.55	652.3
Gross Profit	2,383	2,089	1,766	1,470	1,067
Selling, General & Admin	1,113	1,008	940.13	798.15	622.62
Other Operating Expenses	57.19	68.19	58.91	7.25	3.56
Total Operating Expenses	1,170	1,077	999.04	805.41	626.18
Operating Income	1,213	1,012	767.06	664.1	440.9
Interest Income	208.86	123.02	120.14	114.23	76.36
Interest Expense	-561.02	-458.74	-457.62	-349.89	-243.8
Total Non-Operating Income (Expense)	-352.17	-335.72	-337.48	-235.67	-167.43
Pretax Income	860.95	676.39	429.58	428.43	273.46
Provision for Income Taxes	-	-	-	35.68	31.18
Net Income	768.44	648.92	405.42	392.76	242.28
Net Income to Common	768.44	648.92	405.42	392.76	242.28
Net Income Growth	18.42%	60.06%	3.22%	62.11%	-21.33%
Shares Outstanding (Basic)	90	90	90	90	93
Shares Outstanding (Diluted)	91	91	91	91	94
Shares Change (YoY)	0.12%	0.68%	-0.14%	-3.65%	0.50%
EPS (Basic)	8.32	7.01	4.30	4.14	2.39
EPS (Diluted)	8.24	6.93	4.27	4.12	2.37
EPS Growth	18.90%	62.30%	3.64%	73.84%	-24.04%
Shares Outstanding	89.87	93.72	89.95	89.94	92.07
Free Cash Flow	1,366	1,296	925.19	675.77	505
Free Cash Flow Growth	5.39%	40.05%	36.91%	33.82%	79.28%
Free Cash Flow Per Share	14.96	14.21	10.22	7.45	5.37
Dividends Per Share	3.447	1.349	-	-	-
Dividend Growth	155.53%	-	-	-	-
Gross Margin	64.46%	63.21%	61.41%	63.09%	62.06%
Operating Margin	32.81%	30.63%	26.67%	28.51%	25.64%
Profit Margin	23.29%	20.47%	14.94%	16.86%	14.09%
FCF Margin	36.93%	39.21%	32.17%	29.01%	29.37%
EBITDA	1,586	1,345	1,057	870.32	595.12
EBITDA Margin	42.91%	40.72%	36.74%	37.37%	34.61%
EBIT	1,213	1,012	767.06	664.1	440.9
EBIT Margin	32.81%	30.63%	26.67%	28.51%	25.64%
Effective Tax Rate	0.00%	0.00%	0.00%	8.33%	11.40%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q