Welcome to our dedicated page for Afya SEC filings (Ticker: AFYA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Afya Limited (AFYA) is a foreign private issuer that reports to the U.S. Securities and Exchange Commission primarily through Form 20‑F and Form 6‑K. This SEC filings page centralizes access to those documents, which provide detailed information on the company’s operations as a medical education group and medical practice solutions provider in Brazil.
Afya’s Form 20‑F annual report contains audited financial statements and extensive narrative disclosures on its three reportable segments: Undergraduate, Continuing Education and Medical Practice Solutions. Investors can review segment definitions, revenue composition, key operational metrics and risk factors related to its physician‑centric ecosystem and Brazilian regulatory environment.
Throughout the year, Afya files multiple Form 6‑K reports. These include unaudited interim condensed consolidated financial statements, press releases announcing quarterly and half‑year financial results, and disclosures on specific corporate events. Examples documented in recent 6‑Ks include new share repurchase programs for Class A common shares, issuance of commercial notes by Afya Participações S.A., repayment of debentures, repurchase and cancellation of Series A perpetual convertible preferred shares, changes to the board of directors, results of the annual general meeting and the engagement of a new independent registered public accounting firm.
For investors analyzing AFYA, these filings are key sources for understanding revenue trends, adjusted EBITDA, net income, capital structure decisions and governance developments. They also provide context on Afya’s medical school seat authorizations and other regulatory milestones in Brazil’s higher education sector.
On Stock Titan, Afya’s SEC filings are updated in line with EDGAR submissions and can be paired with AI‑powered summaries that explain the main points of lengthy documents. Users can quickly identify which filings relate to financial results, capital markets transactions, governance changes or other material events, and then drill down into the full text when deeper analysis is required.
Afya Ltd filed a Form 3 identifying Dominik Dalkmann Benedikt Karl as a director and reporting person. The insider filing data show no reported share transactions or derivative positions, indicating this is an initial ownership statement rather than a report of buys or sells.
Afya Limited files a Form 144 notice reporting a proposed sale of 150,000 Class A common shares with an aggregate value of $2,064,000.00, listed for sale through Itau International Securities Inc on 03/17/2026 on Nasdaq Global Select.
The filing also lists recent acquisitions that affect available holdings: 17,953 shares from a Restricted Share Units Program (05/01/2023), 38,027 shares from RSUs (05/01/2025), and 100,000 shares issued under a Stock Option Plan (S-8) (06/27/2025), plus an entry showing $2,064,000.00 aggregate and a separate date 06/09/2025 tied to a cash-related line item.
Afya Limited reported strong fourth-quarter and full-year 2025 results, highlighting solid growth, margin expansion and balance-sheet strengthening. Full-year revenue reached R$3,697.3 million, up 11.9% year over year, while Adjusted EBITDA rose 15.4% to R$1,680.3 million, lifting the Adjusted EBITDA margin to 45.4%, an increase of 130 basis points.
Net income grew 18.4% to R$768.4 million and Adjusted Net Income increased 9.9% to R$901.7 million. Basic EPS climbed 18.7% to R$8.32. Afya reduced Net Debt excluding IFRS 16 to R$1,369.5 million and brought Net Debt/Adjusted EBITDA down to 0.8x, supported by R$1,547.6 million in operating cash flow and a 93.7% operating cash conversion ratio.
The board approved a share repurchase program of up to 4,000,000 Class A shares through December 31, 2026 and declared a 2025 cash dividend of R$307.4 million, equal to 40% of consolidated net income. For 2026, Afya guides for revenue between R$3,950 million and R$4,100 million and Adjusted EBITDA between R$1,700 million and R$1,800 million, excluding future acquisitions.
Afya Limited reported that its board approved a cash dividend of R$307.4 million, equal to 40% of consolidated net income for the year ended December 31, 2025. The dividend equals R$3.446838 per share and will be paid in U.S. dollars on April 6, 2026 to shareholders of record as of March 25, 2025, using the PTAX exchange rate published on March 13, 2026. Management stated that, together with its share repurchase program, Afya expects to distribute 50% of 2025 consolidated net income, highlighting a strong focus on shareholder returns.
Afya Limited reported strong unaudited 2025 results, with revenue rising to R$3,697,255 thousand from R$3,304,329 thousand in 2024, driven mainly by its undergraduate medical education business.
Net income increased to R$768,443 thousand in 2025 from R$648,920 thousand in 2024, and basic earnings per share grew to 8.32 from 7.01. Operating income reached R$1,213,110 thousand, while finance expenses remained significant at R$561,024 thousand.
The company generated strong operating cash flow of R$1,531,587 thousand in 2025, ending the year with cash and cash equivalents of R$1,125,381 thousand. Afya expanded its medical seat base through the FUNIC asset acquisition in 2025 and the Unidom business acquisition in 2024, adding new campuses and licenses. In 2025 it also recognized R$109,458 thousand of additional income tax expense related to Brazil’s new OECD Pillar Two minimum tax.
Afya Limited reported that Brazil’s Ministry of Education, through the Secretary of Regulation and Supervision of Higher Education, authorized an increase of 63 medical seats at its Afya Abaetetuba campus (ITPAC), bringing that campus to 113 seats.
Afya Cametá, an approved but non-operating medical school in the same health region, will remain non-operational, which created the capacity for these additional seats at Afya Abaetetuba. Across all campuses, Afya now has 3,766 approved medical seats, reinforcing its focus on expanding high-quality medical education in Brazil.
Afya Limited filed a Form S-8 to register additional Class A common shares for its equity incentive plans. The filing covers 3,393,220 shares authorized for issuance under the Amended and Restated Stock Option Plan and 987,016 shares authorized for issuance under the Restricted Stock Plan.
The registration incorporates by reference Afya’s Annual Report on Form 20-F for the year ended December 31, 2024 and subsequent Exchange Act reports. The shares have a par value of $0.00005 per share. This administrative filing expands the pool of shares available for future grants under the company’s employee equity plans.