Strong Financial Performance
Net revenue grew 16% year-over-year, reaching BRL 841 million. Adjusted EBITDA grew 25% year-over-year, reaching BRL 348 million with a margin of 41.4%. Adjusted net income increased by 29% year-over-year, reaching BRL 165 million.
Operational Achievements
Afya reached 3,593 approved medical seats with acquisitions and approvals, and the number of undergrad medical students grew over 12% compared to last year.
Continuing Education and Medical Practice Solutions Growth
Continuing Education segment saw a net revenue growth of 10.4% year-over-year, reaching BRL 188 million. Medical Practice Solutions segment had a 15% revenue increase year-over-year.
Successful M&A Activity
Completed the acquisition of Unidom, adding 300 medical seats and expanding presence in Salvador.