Afya Limited Class A ( (AFYA) ) has released its Q4 earnings. Here is a breakdown of the information Afya Limited Class A presented to its investors.
Afya Limited is a leading medical education group in Brazil, providing a comprehensive ecosystem for medical students and professionals, from undergraduate education to medical practice solutions. In its latest earnings report, Afya Limited announced significant financial growth for the fourth quarter and full year of 2024, including a notable increase in net revenue and adjusted EBITDA, alongside its first dividend announcement. The company reported a 16.3% year-over-year increase in net revenue for the fourth quarter, reaching R$849 million, and a 14.9% increase for the full year, amounting to R$3,304.3 million. Adjusted EBITDA showed a robust growth of 26.7% for the quarter and 24.9% for the year, reflecting strong operational performance and strategic acquisitions. Afya’s strategic initiatives, including the acquisition of Unidom and the expansion of medical school seats, have bolstered its market position, with over 313,000 users in its ecosystem. Looking ahead, Afya Limited remains optimistic about its growth trajectory, projecting continued revenue and EBITDA growth for 2025, driven by its strategic investments and operational efficiencies.