Afya Ltd

Afya Ltd. is a medical education group, which engages in the provision of an end-to-end physician-centric ecosystem that serves and empowers students to be lifelong medical learners through their medical residency preparation, post-graduate programs, and continuing medical education activities. It operates through Education Services; and Digital Content, Residency Preparatory and Specialization Programs segments. The Education Services segment provides educational services through undergraduate and graduate courses related to medicine, other health sciences, and other undergraduate programs. The Residency Preparatory and Specialization Programs segment offers digital and printed medical content services, including online courses for residency preparatory, medical and other than medical post-graduate specialization programs and mobile app subscription for digital medical content. The company was founded on March 22, 2019 and is headquartered in Nova Lima, Brazil.

Earnings data Q4 2020

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Afya Ltd excels in Q2 2024 earnings, eyes growth opportunities

Afya Ltd delivered a robust performance in Q2 2024, marked by significant growth in key financial metrics, student base expansion, and strategic acquisitions.
The company's strengths lie in its strong financial position, updated guidance, operational insights, and engagement with analysts on critical industry topics.
Challenges include maintaining margins, integrating acquisitions, managing growth effectively, and adapting to potential regulatory shifts in the sector.
Opportunities for Afya include leveraging growth trends, strategic partnerships, innovation, and operational excellence to drive sustainable value creation and market leadership.

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NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA), announced that Mr. Paulo Passoni, a board member since May 2021, has submitted his resignation letter as a member of the Board of Directors. Mrs. Maria Tereza Azevedo was appointed as his replacement effective as of today. Maria Tereza Azevedo joined Softbank LatAm fund in 2021 as Investment Director leading the Education industry. Prior to joining Softbank, she was an Executive Director at Santander and Director at UBS I

Afya Announces Changes to its Board of Directors

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA), today announced that it will report first-quarter 2022 financial results for the period ended March 31, 2022, following the close of the market on Monday, May 23rd, 2022 and will host a corresponding conference call and webcast at 05:00 pm EDT. A live and archived webcast of the call will be available on the Investor Relations section of the Company's website at https://ir.afya.com.br/. About Afya: Afya is a leading medic

Afya Limited to Report First Quarter 2022 Financial Results on May 23rd

SÃO PAULO--(BUSINESS WIRE)--On its second annual Investor & ESG Day on April 7, Afya Ltd. (NASDAQ: AFYA) (“Afya” or “Company”), Brazil's largest end-to-end healthcare and medical education ecosystem which provides digital solutions to medical students and physicians, presented the Company's strategy to continue to grow its platform and capabilities. Since its 2019 listing on the NASDAQ, Afya has made 10 strategic acquisitions that continue to drive the expansion of its digital services. Dur

Afya Hosts its Second Annual Investor & ESG Day

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA) today announced the acquisition, through its wholly-owned subsidiary Afya Participações S.A., of 100% of CardioPapers. CardioPapers is the main medical content and education platform in the Cardiology field, offering courses and books developed by physicians and for physicians, covering all phases of the medical career, aligned with Afya's overall business strategy. The platform includes more than ten courses, such as a ca

Afya Limited Announces the Acquisition of CardioPapers

Afya Limited (AFYA) CEO Virgilio Gibbon on Q4 2021 Results - Earnings Call Transcript

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited (NASDAQ: AFYA) (“Afya” or the “Company”), the leading medical education group and digital health service provider in Brazil, reported today financial and operating results for the three and twelve-month period ended December 31, 2021 (fourth quarter 2021 and full year 2021, respectively). Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS). Fourth Quarter 2021

Afya Limited Announces Fourth-Quarter and Full Year 2021 Financial Results

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited or Afya (Nasdaq: AFYA) today announced that the Secretary of Regulation and Supervision of Higher Education of the Ministry of Education (“MEC”) authorized the increase of 28 seats of Centro Universitário São Lucas, in Ji-Parana located in the state of Rondônia. The earn-out related to the seats approval is R$800 thousand per seat, adjusted by the CDI rate from the closing until the payment date, of which: (i) 50% is payable in 30 days, and (ii)

Afya Limited Announces Medical Seats Increase in Centro Universitário São Lucas

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA) today announced that the Secretary of Regulation and Supervision of Higher Education of the Ministry of Education (“MEC”) authorized the operations of the medical schools in Bragança, in the State of Pará, and Manacapuru, in the State of Amazonas, both under Mais Médicos II program. Afya reaches its fifth and sixth authorized schools operating under the Mais Medicos II program with the authorizations. Each medical school w

Afya Limited Announces Medical School Authorization – Bragança-PA and Manacapuru-AM

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA), today announced that it was notified that Nicolau Carvalho Esteves and Rosângela de Oliveira Tavares Esteves, or the Esteves family, have made a binding offer to sell 6,000,000 Class B common shares of Afya at the purchase price of US$26.90 per share to an affiliate of Bertelsmann SE& Co. KGaA, or “Bertelsmann”. Bertelsmann's acceptance of the offer remains subject to due diligence and Bertelsmann board approval. If t

Bertelsmann Explores Increasing Stake in Afya

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA) in addition to the Press Release released by the Company on February 24, 2022, today announced the closing of its acquisition, through its wholly-owned subsidiary Afya Participações S.A., of 100% of the total share capital of Além da Medicina. Além da Medicina is a medical content online platform for physicians and medical students that provides educational tools besides technical medical content that can assist them throu

Afya Limited Announces Closing of the Acquisition of Além da Medicina

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA) has executed the purchase agreement for the acquisition of 100% of the total share capital of Além da Medicina, through its wholly-owned subsidiary Afya Participações S.A. The consummation is subject to certain customary precedent conditions. Além da Medicina is a medical content online platform for physicians and medical students that provides educational tools besides technical medical content that can assist them throug

Afya Limited Announces Entering into a Purchase Agreement for the Acquisition of Além da Medicina

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA) today announced that the Secretary of Regulation and Supervision of Higher Education of the Ministry of Education (“MEC”) authorized the operations of the medical schools in Abaetetuba, in the State of Pará, and Itacoatiara, in the State of Amazonas, both under Mais Médicos II program. With the authorizations, Afya reaches its third and fourth authorized schools to start operating under the Mais Medicos II program. Each me

Afya Limited Announces Medical School Authorization – Abaetetuba-PA and Itacoatiara-AM

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA), today announced that, after the completion of its second share repurchase program, that resulted in the purchase of 1,383,108 Class A common shares, its Board of Directors has approved a new share repurchase program. Under the share repurchase program, Afya may repurchase up to 1,874,457 of its outstanding Class A common shares which represents 4 % of its free float, in the open market, based on prevailing market prices,

Afya Limited Announces a New Share Repurchase Program

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA) today announced that it is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting. This reference index measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay

Afya Limited Included in 2022 Bloomberg Gender-Equality Index

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA), today announced that Júlio de Angeli, its Vice President of Innovation & Digital Services, notified the company of his intention to leave for personal reasons. Mr. de Angeli will remain in the company to ensure an effective transition of his duties until the end of January 2022. “We are grateful for the time Mr. de Angeli has spent with us developing our digital services strategy and we wish him all the best,” said Vi

Afya Limited Announces Vice President of Innovation & Digital Services Transition Plan

Afya is not a traditional growth company. Afya is growing by acquisition, tapping into a profitable non-cyclical market.

Afya On A Grey Price Area

Afya Limited (AFYA) CEO Virgilio Gibbon on Q3 2021 Results - Earnings Call Transcript

Afya (AFYA) delivered earnings and revenue surprises of -35.29% and 1%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Afya (AFYA) Misses Q3 Earnings Estimates

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited (NASDAQ: AFYA) (“Afya” or the “Company”), the leading medical education group and digital health service provider in Brazil, reported today financial and operating results for the three and nine-months period ended September 30, 2021 (third quarter 2021). Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS). Third Quarter 2021 Highlights 3Q21 Adjusted Net Revenu

Afya Limited Announces Third-Quarter and Nine Months 2021 Financial Results

Afya (AFYA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Afya (AFYA) to Report a Decline in Earnings: What to Look Out for

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA) today announced that the Secretary of Regulation and Supervision of Higher Education of the Ministry of Education (“MEC”) authorized the operation of the medical school in Garanhuns in the State of Pernambuco. This authorization is in connection with a previous requirement made by ITPAC, a subsidiary of Afya Participações (“Afya Brazil”), to expand their operation and open a branch in the city of Garanhuns, before the cons

Afya Limited Announces Medical School Authorization – Garanhuns - PE

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA), today announced that it will report third quarter 2021 financial results for the period ended September 30, 2021, following the close of the market on Monday, November 22, 2021. The Company will host a corresponding conference call and webcast on November 22 at 05:00 PM EDT. A live and archived webcast of the call will be available on the Investor Relations section of the Company's website at https://ir.afya.com.br/. To p

Afya Limited to Report Third Quarter 2021 Financial Results on November 22

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited, or Afya (Nasdaq: AFYA), today announced that, after the completion of its first share repurchase program on October 21, 2021 that resulted in the purchase of 1,015,844 Class A common shares, its Board of Directors has approved a new share repurchase program. Under the share repurchase program, Afya may repurchase up to 1,383,108 of its outstanding Class A common shares in the open market, based on prevailing market prices, or in privately negoti

Afya Limited Announces Share Repurchase Program

LINC vs. AFYA: Which Stock Is the Better Value Option?

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