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Stock impact report

Afya Limited Announces First-Quarter 2024 Financial Results [Yahoo! Finance]

Afya Limited - Class A Common Shares (AFYA) 
Last afya limited - class a common shares earnings: 12/2 07:12 am Check Earnings Report
Company Research Source: Yahoo! Finance
NOVA LIMA, Brazil, May 09, 2024 BUSINESS WIRE Afya Limited (Nasdaq: AFYA; B3: A2FY34) ("Afya" or the "Company"), the leading medical education group and medical practice solutions provider in Brazil, reported today financial and operating results for the three-month period ended March 31, 2024 (first quarter 2024). Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS). First Quarter 2024 Highlights 1Q24 Net Revenue increased 13.3% YoY to R$804.2 million. 1Q24 Adjusted EBITDA increased 20.5% YoY reaching R$397.9 million, with an Adjusted EBITDA Margin of 49.5%. Adjusted EBITDA Margin increased 300 bps YoY. 1Q24 Net Income increased 76.9% YoY, reaching R$208.3 million, and Adjusted Net Income increased 50.8% YoY, reaching R$251.0 million. With an adjusted EPS growth of 54.4% in the same period. Operating Cash Conversion ratio of 110.1%, with a solid cash position of R$ 611.1 million. ~334 t Show less Read more
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