Afya Limited Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,633	3,304	2,876	2,329	1,719	1,201
Revenue Growth (YoY)	14.07%	14.90%	23.48%	35.46%	43.14%	60.02%
Cost of Revenue	1,272	1,216	1,110	859.55	652.3	434.65
Gross Profit	2,361	2,089	1,766	1,470	1,067	766.54
Selling, General & Admin	1,145	1,069	1,015	798.15	622.62	402.86
Other Operating Expenses	15.79	7.29	-15.65	7.25	3.56	0.35
Total Operating Expenses	1,161	1,077	999.04	805.41	626.18	403.2
Operating Income	1,193	1,012	767.06	664.1	440.9	363.34
Interest Income	187.97	123.02	120.14	114.23	76.36	69.99
Interest Expense	-569.37	-458.74	-457.62	-349.89	-243.8	-98.27
Other Non-Operating Income (Expense)	-6.91	-	-	-	-	-
Total Non-Operating Income (Expense)	-388.32	-335.72	-337.48	-235.67	-167.43	-28.28
Pretax Income	811.83	676.39	429.58	428.43	273.46	335.05
Provision for Income Taxes	95.58	27.47	24.17	35.68	31.18	27.07
Net Income	729.43	631.51	386.32	373.57	223.33	292.08
Minority Interest in Earnings	-17.85	-17.41	-19.09	-19.19	-18.96	-15.91
Net Income to Common	729.43	631.51	386.32	373.57	223.33	292.08
Net Income Growth	25.84%	63.47%	3.41%	67.27%	-23.54%	89.76%
Shares Outstanding (Basic)	90	90	90	90	93	93
Shares Outstanding (Diluted)	93	91	91	91	94	94
Shares Change (YoY)	0.13%	0.68%	-0.14%	-3.65%	0.50%	22.89%
EPS (Basic)	8.06	7.01	4.30	4.14	2.39	3.15
EPS (Diluted)	7.99	6.93	4.27	4.12	2.37	3.12
EPS Growth	25.63%	62.30%	3.64%	73.84%	-24.04%	54.45%
Free Cash Flow	1,395	1,296	925.19	675.77	505	281.68
Free Cash Flow Growth	7.66%	40.05%	36.91%	33.82%	79.28%	16.27%
Free Cash Flow Per Share	15.05	14.21	10.22	7.45	5.37	3.01
Dividends Per Share	1.349	1.349	-	-	-	-
Gross Margin	64.98%	63.21%	61.41%	63.09%	62.06%	63.81%
Operating Margin	32.84%	30.63%	26.67%	28.51%	25.64%	30.25%
Profit Margin	20.57%	19.64%	14.10%	16.86%	14.09%	25.64%
FCF Margin	38.40%	39.21%	32.17%	29.01%	29.37%	23.45%
EBITDA	1,559	1,345	1,057	870.32	595.12	472.08
EBITDA Margin	42.90%	40.72%	36.74%	37.37%	34.61%	39.30%
EBIT	1,193	1,012	767.06	664.1	440.9	363.34
EBIT Margin	32.84%	30.63%	26.67%	28.51%	25.64%	30.25%
Effective Tax Rate	6.44%	4.06%	5.63%	8.33%	11.40%	8.08%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q