Afya Non-GAAP EPS of R$1.77, revenue of R$709.4M; reaffirms FY23
- Afya press release (NASDAQ:AFYA): Q1 Non-GAAP EPS of R$1.77.
- Revenue of R$709.4M (+25.3% Y/Y).
- 1Q23 Adjusted EBITDA increased 21.9% Y/Y reaching R$330.2 million, with an Adjusted EBITDA Margin of 46.5%. Adjusted EBITDA excluding acquisitions grew 12.3%, reaching R$304.2 million, with an Adjusted EBITDA Margin of 47.2%.
- Full Year 2023 Guidance Reaffirmed: Adjusted Net Revenue of R$ 2,750M ≤ ∆ ≤ R$ 2,850M; Adjusted EBITDA of R$ 1,100M ≤ ∆ ≤ R$ 1,200M.