Afya Limited Announces Fourth Quarter and Full Year 2019 Financial Results
Afya Limited - Class A Common Shares (AFYA)
Last afya limited - class a common shares earnings: 12/2 07:12 am
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Source: GlobeNewswire
NOVA LIMA, Brazil, March 26, 2020 (GLOBE NEWSWIRE) -- Afya Limited (Nasdaq: AFYA) (“Afya” or the “Company”), the leading medical education group in Brazil, today reported financial and operating results for the three- and twelve-month periods ended December 31, 2019. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards. Fourth quarter 2019 Net Revenue grew by 107.9% year over year (YoY) reaching R$220.8 million, reflecting Afya’s organic growth and Medcel, IPEMED, FASA and IPEC acquisitions in 2019.Adjusted EBITDA of R$87.4 million, up 127.0% YoY, with Adjusted EBITDA margin expanding 330 basis points (bps) to 39.6% from 36.3% in 4Q18.Adjusted Net Income of R$71.8 million, up 151.7% YoY Full year 2019 Acquisitions from 2019 increased Afya’s total 2020 medical school seats to 1,866.Net Revenue grew by 124.8% YoY reaching R$750.6 million, reflecting Afya’s organic growth and acquisitions. Pro forma Ne
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Earnings
- 11/13/24 - Beat
AFYA
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- AFYA's page on the SEC website