Afya Limited (AFYA) — Financial statements
Income statement, balance sheet, and cash flow for Afya Limited — annual and quarterly history with growth and margin analysis.
| Metric (BRL Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,625↑9.7% | 3,304↑14.9% | 2,876↑23.5% | 2,329↑35.5% | 1,719 | |
| Cost of Revenue | 1,288↑6.0% | 1,216↑9.5% | 1,110↑29.1% | 860↑31.8% | 652 | |
| Gross Profit | 2,337↑11.9% | 2,089↑18.3% | 1,766↑20.2% | 1,470↑37.7% | 1,067 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 20↓6.6% | 22↑127.9% | 9 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 1,015↑27.1% | 798↑28.2% | 623 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,147↑7.5% | 1,068↑5.2% | 1,015↑27.1% | 798↑28.2% | 623 | |
| Other Expenses | 0.00↑100.0% | -11↑70.4% | -37 | 0.00↓100.0% | 4 | |
| Operating Expenses | 1,147↑6.6% | 1,077↑7.8% | 999↑24.0% | 806↑28.7% | 626 | |
| Total Costs & Expenses | 2,435↑6.2% | 2,292↑8.7% | 2,109↑26.6% | 1,665↑30.2% | 1,278 | |
| Operating Results | ||||||
| Operating Income | 1,189↑17.5% | 1,012↑31.9% | 767↑15.5% | 664↑50.6% | 441 | |
| Depreciation & Amortization | 0.00↓100.0% | 204↓29.5% | 290↑36.6% | 212↑37.4% | 154 | |
| EBITDA | 1,189↓2.4% | 1,218↑10.2% | 1,105↑19.0% | 929↑54.0% | 603 | |
| EBIT | 1,189↑17.3% | 1,014↑24.3% | 816↑13.8% | 717↑59.7% | 449 | |
| Interest & Other Income | ||||||
| Net Interest Income | -494↓52.9% | -323↓15.7% | -279↓6.8% | -261↓71.3% | -153 | |
| Interest Income | 0.00↓100.0% | 43↓59.5% | 107↑293.9% | 27↑18.0% | 23 | |
| Interest Expense | 494↑34.8% | 366↓5.2% | 386↑33.8% | 289↑64.3% | 176 | |
| Non-Operating Income | 0.00↑100.0% | -2↑96.3% | -49↑7.9% | -53↓544.9% | -8 | |
| Other Income / Expenses | -345↓2.9% | -336↑0.5% | -337↓43.2% | -236↓40.8% | -167 | |
| Income Before Tax | 844↑24.8% | 676↑57.5% | 430↑0.3% | 428↑56.7% | 273 | |
| Income Tax Expense | 91↑230.1% | 27↑13.7% | 24↓32.3% | 36↑14.4% | 31 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 753↑16.1% | 649↑60.1% | 405↑3.2% | 393↑62.1% | 242 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 738↑16.8% | 632↑63.5% | 386↑3.4% | 374↑67.3% | 223 | |
| Bottom-Line Net Income | 738↑16.8% | 632↑63.5% | 386↑3.4% | 374↑67.3% | 223 | |
| EPS (Basic) | 8.16↑16.4% | 7.01↑64.2% | 4.27↑2.9% | 4.15↑73.6% | 2.39 | |
| EPS (Diluted) | 8.11↑17.0% | 6.93↑62.3% | 4.27↑2.9% | 4.15↑75.1% | 2.37 | |
| Weighted Average Shares | 90↑0.4% | 90↓0.4% | 90↑0.6% | 90↓3.6% | 93 | |
| Weighted Average Diluted Shares | 91↑0.1% | 91↑0.7% | 91↑0.7% | 90↓4.4% | 94 | |
* All figures in Millions of BRL, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.