Afya Limited Reports Strong Q1 Growth in 2024
Company Announcements

Afya Limited Reports Strong Q1 Growth in 2024

Afya Limited Class A (AFYA) has released an update.

Afya Limited, a leading Brazilian medical education and practice solutions provider, reported a robust first quarter in 2024 with significant growth across key financial metrics. The company’s net revenue saw a 13.3% increase, the adjusted EBITDA grew by 20.5%, and net income surged by 76.9%, reflecting strong operational performance and market leadership. The financial health of Afya is further underscored by a solid cash position and the strategic expansion of their ecosystem, including the acquisition of Unidompedro and Faculdade Dom Luiz, adding 300 operational medical seats.

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