Skip to content
NASDAQ · SERVICES-EDUCATIONAL SERVICES · LARGE CAP

Afya Ltd. AFYA

9 fiscal years on record · BRL · FY2025 reported · SEC filings only
BRL 3.7B
▲ 11.9% YoY
BRL 752.5M
▲ 19.2% YoY
BRL 1.4B
▲ 5.4% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

It is a medical education and technology company in Brazil that provides education and services to physicians from medical school enrollment through residency preparation, graduate and specialization programs and continuing medical education, and throughout their clinical practice. As of December 31, 2025, it had 86,025 enrolled students. Its headquarters and most of its shared services operations are located in Belo Horizonte, in the State of Minas Gerais, while its content creation and sales team are located in São Paulo, in the State of São Paulo. It operates its business through three segments: Undergraduate, Continuing Education and Medical Practice Solutions.

Written from the business description in Afya Ltd's annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth

BRL 3.7B
Revenue, FY2025 · full 9-year series below
Revenue BRL B Net income BRL B
FY2025 · Revenue 3.7 · Net income 0.8
2B3B
2017202020232025
Compound annual growth
+16.7%
+25.2%
+26.3%
+20.8%
+26.0%
+95.2%
+62.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +25.2% a year over the five years to FY2025 — but profit grew slower: net income at +20.8%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

21 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 32.8% · Net 20.8%
10%20%30%
201720212025
ROE
FY2025 · ROE 16.5%
5%10%15%
201720212025
Three returns, three denominators.

Each BRL of equity produced 16 cents of profit this year.

Cash & shareholders

BRL 146.8M
returned in FY2025 · dividends + net buybacks
Free cash flow BRL B
FY2025 · FCF 1.4
0.5B1.0B
201720212025
Net buybacks BRL M Dividends BRL M
FY2025 · Dividends 146.8 · Net buybacks ·
100M200M
201720182019202020212022202320242025

BRL 146.8M in dividends — 20% of the year's profit went back to shareholders.

Total assetsBRL 9.4B
EquityBRL 4.9B
CashBRL 1.1B
Current ratio2.20×

Equity funds 52% of total assets.

The 9-year record

9 fiscal years
Every figure from documents filed with the SEC · BRL

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
AFYA, 9-year financial record
Metric 202520242023202220212020201920182017
Revenue BRL B3.73.32.92.31.71.20.80.30.2
Operating income BRL B1.21.00.80.70.40.40.20.10.0
EBITDA BRL B◌◌◌◌◌◌◌◌◌
Income tax BRL B◌0.00.00.00.00.00.00.00.0
Net income BRL B0.80.60.40.40.20.30.20.10.0
Free cash flow BRL B1.41.30.90.70.50.30.20.10.0
EPS, diluted BRL 8.246.934.274.122.373.122.021.811.41
Dividend / sh BRL ◌◌◌◌◌◌◌◌◌
Payout %20355843476
ROE %16.516.011.412.27.812.112.017.2◌
Shares out B0.000.000.000.000.00◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergence in 43 reconciliationsAUDITED

Reconciled in 8 of the 9 fiscal years we could check. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 22 checks were skipped: the balance sheet is not tagged before 2018. 10 checks were skipped: EPS is not tagged before 2017. 10 checks were skipped: revenue is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures1 divergent
ActivityServices-Educational Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2017

Share this section

Download image