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	1,069	1,015	798.15	622.62
Other Operating Expenses	57.09	7.29	-15.65	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
Other Non-Operating Income (Expense)	-0.1	-	-	-	-
Total Non-Operating Income (Expense)	-352.26	-335.72	-337.48	-235.67	-167.43
Pretax Income	860.95	676.39	429.58	428.43	273.46
Provision for Income Taxes	92.5	27.47	24.17	35.68	31.18
Net Income	752.46	631.51	386.32	373.57	223.33
Minority Interest in Earnings	15.98	17.41	19.09	19.19	18.96
Net Income to Common	752.46	631.51	386.32	373.57	223.33
Net Income Growth	19.15%	63.47%	3.41%	67.27%	-23.54%
Shares Outstanding (Basic)	92	90	90	90	93
Shares Outstanding (Diluted)	92	91	91	91	94
Shares Change (YoY)	1.19%	0.68%	-0.14%	-3.65%	0.50%
EPS (Basic)	8.16	7.01	4.30	4.14	2.39
EPS (Diluted)	8.16	6.93	4.27	4.12	2.37
EPS Growth	17.72%	62.30%	3.64%	73.84%	-24.04%
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	-	14.21	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	20.78%	19.64%	14.10%	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	10.74%	4.06%	5.63%	8.33%	11.40%

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

SEC Filings: 10-K · 10-Q