Export financials
Afya Limited (AFYA)
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Afya Limited Income Statement 2025-2011 | AFYA
Brief overview of financial performance at Afya Limited
The comparison covers a five-year financial horizon. According to figures from Afya Limited, revenue changed from 1.2 billion BRL to 3.7 billion BRL over five years. The cumulative result was +207.8%, corresponding to roughly 25.2% per year. The company expanded its revenue base at a high speed.
The five-year change in gross profit reached +210.9%: from 767 million BRL to 2.4 billion BRL. The cost base moved more slowly than the top line, which supported margins. Comparing the endpoints gives gross margins of 63.8% and 64.5%. The economics of the core business remained steady.
The operating result measured by EBITDA moved from 363 million BRL to 1.2 billion BRL, or +233.9%. Operating profitability strengthened faster than the scale of sales. The EBITDA share of revenue changed from 30.2% to 32.8%. The increased EBITDA share is a positive sign.
Net income changed from 292 million BRL to 768 million BRL (+163.1%). Net income reached a five-year high at the end of the interval.
The five-year change in capitalization reached −29.8%: from 1.9 billion BRL to 1.4 billion BRL. Financial performance is stronger than the share-price trend.
Summary assessment
The figures do not all move in the same direction. The positive side is supported by net-income growth, a stable gross margin and higher operating efficiency. Caution is warranted because of declining capitalization. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Afya Limited
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.35 B | 1.54 B | 1.61 B | 1.33 B | 1.47 B | 1.93 B | 2.07 B | - | - | - | - | - | - | - | - |
Shares |
90.5 M | 90.1 M | 89.8 M | 90.3 M | 93.3 M | 76.2 M | 76.2 M | - | - | - | - | - | - | - | - |
Historical Prices |
15 | 17.1 | 18 | 14.7 | 15.7 | 25.3 | 27.1 | - | - | - | - | - | - | - | - |
Net Income |
768 M | 649 M | 405 M | 393 M | 242 M | 292 M | 173 M | 86.4 M | 45.4 M | - | - | - | - | - | - |
Revenue |
3.7 B | 3.3 B | 2.88 B | 2.33 B | 1.72 B | 1.2 B | 751 M | 334 M | 216 M | - | - | - | - | - | - |
Cost of Revenue |
1.31 B | 1.22 B | 1.11 B | 860 M | 652 M | -435 M | -309 M | 168 M | 124 M | - | - | - | - | - | - |
Gross Profit |
2.38 B | 2.09 B | 1.77 B | 1.47 B | 1.07 B | 767 M | 442 M | 166 M | 91.9 M | - | - | - | - | - | - |
Operating Income |
1.21 B | 1.01 B | 767 M | 664 M | 441 M | 363 M | 205 M | 96.4 M | 49.3 M | - | - | - | - | - | - |
Interest Expense |
- | - | - | - | - | 25.5 M | 24 M | 2.4 M | 1.04 M | - | - | - | - | - | - |
EBITDA |
1.21 B | 1.01 B | 767 M | 664 M | 441 M | 363 M | 205 M | 96.4 M | 49.3 M | - | - | - | - | - | - |
Operating Expenses |
1.17 B | 1.08 B | 999 M | 805 M | 626 M | 403 M | 243 M | 69.4 M | 42.6 M | - | - | - | - | - | - |
General and Administrative Expenses |
1.11 B | 1.01 B | 940 M | 798 M | 623 M | 403 M | 239 M | 70 M | 45.4 M | - | - | - | - | - | - |
Annual performance
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All numbers in BRL currency
Quarterly Income Statement Afya Limited
| 2025-Q4 | 2024-Q4 | 2023-Q4 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
90.5 M | 90.1 M | 89.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
768 M | 649 M | 405 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
3.7 B | 3.3 B | 2.88 B | - | - | - | - | - | - | - | 1.94 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
1.31 B | 1.22 B | 1.11 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
2.38 B | 2.09 B | 1.77 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
1.21 B | 1.01 B | 767 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
1.21 B | 1.01 B | 767 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
1.17 B | 1.08 B | 999 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
1.11 B | 1.01 B | 940 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quarterly performance
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All numbers in BRL currency
The income statement is one of the three key financial reports of a company Afya Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.