Afya Limited (AFYA)

Afya Limited Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,970	2,876	2,329	1,719	1,201	750.63
Revenue Growth (YoY)	20.12%	23.48%	35.46%	43.14%	60.02%	124.78%
Cost of Revenue	1,132	1,110	859.55	652.3	434.65	308.85
Gross Profit	1,838	1,766	1,470	1,067	766.54	441.78
Selling, General & Admin	1,023	1,015	798.15	622.62	402.86	239.12
Operating Expenses	1,023	1,015	798.15	622.62	402.86	239.12
Operating Income	815.85	751.42	671.35	444.46	363.68	202.66
Interest Expense / Income	433.36	457.62	349.89	243.8	98.27	72.37
Other Expense / Income	-111.07	-116.69	-87.79	-53.85	-53.73	-37.8
Pretax Income	493.56	410.49	409.25	254.51	319.14	168.09
Income Tax	15.97	24.17	35.68	31.18	27.07	14.18
Net Income	477.59	386.32	373.57	223.33	292.08	153.92
Net Income Growth	34.12%	3.41%	67.28%	-23.54%	89.76%	78.24%
Shares Outstanding (Basic)	94	94	94	94	90	88
Shares Change	-	-	-	4.43%	2.35%	-
EPS (Basic)	5.31	4.30	4.14	2.39	3.15	2.03
EPS (Diluted)	5.26	4.27	4.12	2.37	3.12	2.02
EPS Growth	33.50%	3.64%	73.84%	-24.04%	54.46%	11.60%
Free Cash Flow	1,016	925.19	675.77	505	281.68	242.25
Free Cash Flow Per Share	10.84	9.87	7.21	5.39	3.14	2.76
Gross Margin	61.90%	61.41%	63.09%	62.06%	63.81%	58.85%
Operating Margin	27.47%	26.13%	28.83%	25.85%	30.28%	27.00%
Profit Margin	16.08%	13.43%	16.04%	12.99%	24.32%	20.50%
Free Cash Flow Margin	34.20%	32.17%	29.01%	29.37%	23.45%	32.27%
Effective Tax Rate	3.24%	5.89%	8.72%	12.25%	8.48%	8.43%
EBITDA	1,230	1,158	965.36	652.52	526.16	313.61
EBITDA Margin	41.40%	40.25%	41.45%	37.95%	43.80%	41.78%
Depreciation & Amortization	302.81	289.51	206.22	154.22	108.74	73.15
EBIT	926.93	868.11	759.14	498.3	417.41	240.46
EBIT Margin	31.21%	30.19%	32.59%	28.98%	34.75%	32.03%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).