Pekic Afya (NASDAQ:AFYA) is one of the leading private medical education providers in Brazil. I covered the company in December 2023 with a Hold rating. I liked the company's quality characteristics but believed the price was high. In this review, I analyze the company's 4Q23 and FY24 guidance and its investors' day. My conclusion is that considering FY24 guidance, the company is attractively priced at these levels, balancing present profitability and future growth. That's why I'm upgrading the rating t ...

Afya Limited. (NASDAQ:AFYA) Q4 2023 Earnings Conference Call March 14, 2024 5:00 PM ET Company Participants Renata Couto - IR Executive Manger Virgilio Gibbon - CEO Luis Blanco - CFO Conference Call Participants Mirela Oliveira - Bank of America Jessica Meller - JPMorgan Lucas Nagano - Morgan Stanley Lucca Marquezini - Itau Operator Good night [sic] everyone and thank you for joining us for Afya's Fourth Quarter and Full Year 2023 Conference Call. Today, I'm here with Afya's CEO, Virgilio Gibbon; and Luis A ...

NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited (Nasdaq: AFYA; B3: A2FY34) (“Afya” or the “Company”), the leading medical education group and digital health services provider in Brazil, reported today financial and operating results for the fourth quarter and full-year period ended December 31, 2023. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS). Fourth Quarter 2023 Highlights 4Q23 Adjusted Net Revenue increas ...

Afya Limited Consolidated financial statements as of December 31, 2023 and 2022 and for the years ended December 31, 2023, 2022 and 2021 Report of Independent Registered Public Accounting Firm To the Shareholders and the Board of Directors of Afya Limited Opinion on the Financial Statements We have audited the accompanying consolidated statements of financial position of Afya Limited (the Company) as of December 31, 2023 and 2022, the related consolidated statements of income and comprehensive income, chang ...

Afya (AFYA) closed the latest trading day at $20.74, indicating a +1.52% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 1.12%. Elsewhere, the Dow gained 0.61%, while the tech-heavy Nasdaq added 1.54%.Coming into today, shares of the medical education company had lost 2.81% in the past month. In that same time, the Consumer Discretionary sector gained 1.03%, while the S&P 500 gained 2.06%.Investors will be eagerly watching for the performance of Afya in its upcoming ea ...

The latest trading session saw Afya (AFYA) ending at $21.02, denoting a +0.57% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 0.3%.Prior to today's trading, shares of the medical education company had lost 0.99% over the past month. This has lagged the Consumer Discretionary sector's gain of 3.76% and the S&P 500's gain of 5.78% in that time.Analysts and investors alike will be keeping a clo ...

In the latest market close, Afya (AFYA) reached $20.44, with a +1.79% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.32%. Elsewhere, the Dow saw a downswing of 0.71%, while the tech-heavy Nasdaq depreciated by 0.2%.Heading into today, shares of the medical education company had lost 3.6% over the past month, lagging the Consumer Discretionary sector's gain of 2.23% and the S&P 500's gain of 4.59% in that time.Market participants will be closely ...

Core Insights - Afya Limited has received authorization to increase medical seats at Faculdades Integradas Padrão (FIP Guanambi) by 40, resulting in a total of 100 medical seats at this campus and 3,203 approved seats overall [1][2] - The additional payment associated with this increase is R$49.6 million, indicating a significant financial impact for the company [1] Company Overview - Afya Limited is recognized as a leading medical education group in Brazil, focusing on the number of medical school seats and providing a comprehensive ecosystem for medical students and physicians [2] - The company offers a range of services from medical residency preparation to continuing medical education, along with digital products aimed at enhancing healthcare services throughout a physician's career [2]

Afya Limited (NASDAQ:AFYA) Q3 2023 Earnings Conference Call November 13, 2023 5:00 PM ET Company Participants Renata Couto - IR Executive Manger Virgilio Gibbon - CEO Luis Blanco - CFO Conference Call Participants Lucas Nagano - Morgan Stanley Marcelo Santos - JPMorgan Lucca Marquezini - Itau BBA Renata Couto Thank you for joining us for Afya's Third Quarter 2023 Conference Call. Today, I'm here with Afya's CEO, Virgilio Gibbon; and Luis Andre Blanco, our CFO. During this presentation, our executives will m ...

Afya Limited Unaudited interim condensed consolidated financial statements September 30, 2023 Afya Limited Unaudited interim condensed consolidated statements of financial position As of September 30, 2023, and December 31, 2022 (In thousands of Brazilian reais) | | Notes | September 30, 2023 | December 31, 2022 | | --- | --- | --- | --- | | Assets | | (unaudited) | | | Current assets | | | | | Cash and cash equivalents | 5 | 822,008 | 1,093,082 | | Trade receivables | 6 | 480,556 | 452,831 | | Inventories ...