Afya Limited (AFYA) quarterly cash flow statement — complete operating, investing & financing history
Afya Limited (AFYA) cash flow statement — 9-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 202.73M | 430.5M | 184.69M | 506.17M | 307.75M | 463.85M | 284.48M | 481.01M | 249.31M | 417.86M | -8.17M | 75.65M | 205.94M | 331.55M | 128.02M | 49.59M | 149.2M | 278.71M | 102.17M | 208.18M |
| Operating CF Margin % | 20.39% | 43.32% | 19.93% | 54.51% | 33.47% | 49.54% | 33.51% | 57.18% | 30.78% | 51.96% | -1.12% | 10.46% | 28.9% | 46.7% | 21.92% | 8.54% | 24.94% | 49.21% | 20.51% | 45.82% |
| Operating CF Growth % | -34.12% | -7.19% | -35.08% | 5.23% | 23.44% | 11.01% | 3582.98% | 535.8% | 21.06% | 26.03% | -106.38% | 52.55% | 38.03% | 18.96% | 25.3% | -76.18% | 5.64% | 55.46% | 63.23% | 74.21% |
| Net Income | 201.59M | 252.21M | 175.59M | 180.64M | 194.01M | 281.82M | 149.93M | 136.57M | 165.29M | 219.16M | 19.79M | 19.12M | 82.79M | 136.83M | 81.4M | 14.44M | 111.64M | 148.29M | 61.63M | 63.01M |
| Depreciation & Amortization | 92.62M | 91.34M | 0 | 94.66M | 94.7M | 91.75M | 84.21M | 85.83M | 84.04M | 79.27M | 15.61M | 15.14M | 72.29M | 65.97M | 54.51M | 10.03M | 50.7M | 48.39M | 42.02M | 45.29M |
| Stock-Based Compensation | 0 | 0 | 0 | 4.16M | 5.56M | 6.96M | 6.13M | 5.87M | 11.8M | 8.63M | 0 | 0 | 6.9M | 6.5M | 10.86M | 0 | 8.65M | 2.93M | 9.43M | 8.85M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.42M | 0 |
| Other Non-Cash Items | -15.59M | 157.54M | 162.7M | 153.57M | 123.88M | 113.58M | 151.13M | 110.95M | 88.84M | 76.36M | -23.14M | 22.24M | 78.49M | 102.73M | 75.84M | 8.05M | 86.04M | 69.8M | 61.06M | 57M |
| Working Capital Changes | -75.9M | -70.59M | -153.6M | 73.13M | -110.39M | -30.26M | -106.9M | 141.78M | -100.66M | 34.43M | -20.42M | 19.16M | -34.53M | 19.52M | -94.6M | 17.07M | -107.83M | 9.31M | -77.39M | 34.04M |
| Change in Receivables | -69.73M | -94.16M | -46.39M | -16.17M | -65.89M | -62.02M | -61.83M | 61.3M | -81.17M | -13.35M | -11.76M | -573.82K | -52.13M | -10.23M | -54.3M | 6.03M | -87.9M | -576K | -61.07M | 11.91M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | -1.15M | 109K | 309K | 729K | 605.56K | 746.63K | 1.84M | 2.4M | 298K | 546.55K | -1.28M | -2.04M | -2.49M | -206K |
| Change in Payables | 12.53M | 10.36M | -18.88M | 8M | 4.35M | 1.89M | 0 | 8.51M | -3.02M | 14.47M | 4.55M | 616.04K | 0 | -11.51M | 8.58M | -332.59K | 5.69M | -2.74M | 11.02M | -667K |
| Cash from Investing | -98.28M | -107.73M | -106.47M | -175.77M | -141.96M | -130.31M | -146.07M | -625.05M | -59.49M | -261M | -44.55M | -38M | -86.94M | -650.98M | -164.49M | -23.01M | -185.2M | -102.31M | -221.92M | -429.08M |
| Capital Expenditures | -78.66M | -43.94M | -105.03M | -42.02M | -43.14M | -38.48M | -43.56M | -47.38M | -23.03M | -22.95M | -17.75M | -11.14M | -29.61M | -46.43M | -51.49M | -12.82M | -60.18M | -52.35M | -136.07M | -39.3M |
| CapEx % of Revenue | 7.91% | 4.42% | 11.33% | 4.53% | 4.69% | 4.11% | 5.13% | 5.63% | 2.84% | 2.85% | 2.43% | 1.54% | 4.15% | 6.54% | 8.82% | 2.21% | 10.06% | 9.24% | 27.31% | 8.65% |
| Acquisitions | -19.62M | -63.79M | -1.44M | -62.61M | -16.3M | -65.16M | -71.53M | -445.39M | -17.32M | -147.26M | -26.8M | -26.87M | -32.71M | -608.15M | -58.45M | -11.68M | -122.57M | -47.9M | -88.79M | -377.75M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -5 | -5 | 0 | -71.13M | -82.52M | -26.67M | -30.99M | -132.28M | -19.14M | -90.78M | 0 | 0 | -24.62M | 3.6M | -54.55M | 1.49M | -2.44M | -2.06M | 2.95M | -12.03M |
| Cash from Financing | -428.5M | -118.29M | 52.55M | -432.3M | -220M | -89.19M | -64.71M | 265.77M | -78.09M | -99M | -685.4K | -22.11M | -100.12M | -50.81M | 414.47M | -6.01M | -137M | -135.4M | -171.02M | -171.13M |
| Debt Issued (Net) | -207.54K | -5.16M | 171.25M | -312.8M | 31.89M | -57.65M | -13.79M | 366.85M | 37.83M | -69.22M | 5.25M | -14.38M | -5.08M | -20.06M | 418.48M | -2.23M | -66.9M | -41.97M | -53.47M | -141.51M |
| Equity Issued (Net) | -59.46M | -66.32M | -66.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.29M | 691.36K | -12.37M | 0 | 0 | 1.88M | -63.55M | -88.76M | -115.18M | -33.79M |
| Dividends Paid | 0 | 0 | 143.31M | 0 | -129.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -67.69M | -68.21M | -66.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.58K | -34.91K | -12.37M | 0 | 0 | 1.88M | -63.55M | -88.76M | -115.18M | -33.79M |
| Other Financing | -368.83M | -46.82M | -195.27M | -119.5M | -122.88M | -31.54M | -50.92M | -101.08M | -115.93M | -29.79M | -7.22M | -8.42M | -82.67M | -30.75M | -4.01M | -5.66M | -6.54M | -4.67M | -2.37M | 4.17M |
| Net Change in Cash | -314.15M | 257.24M | 99.64M | -102.28M | -55.78M | 243.87M | 74.14M | 113.47M | 112.33M | 58.05M | -50.38M | 10.58M | 18.5M | -370.39M | 377.44M | 14.47M | -173.19M | 40.87M | -290.37M | -385.78M |
| Free Cash Flow | 173.34M | 417.98M | 140.43M | 428.08M | 178.89M | 407.64M | 240.93M | 301.35M | 205.1M | 324.96M | -14.04M | 69.12M | 176.33M | 285.13M | 18.06M | 39.99M | 89.02M | 226.37M | -33.91M | 148.41M |
| FCF Margin % | 17.44% | 42.06% | 15.15% | 46.1% | 19.46% | 43.53% | 28.38% | 35.82% | 25.32% | 40.41% | -1.92% | 9.55% | 24.74% | 40.16% | 3.09% | 6.89% | 14.88% | 39.97% | -6.8% | 32.66% |
| FCF Growth % | -3.1% | 2.54% | -41.71% | 42.06% | -12.78% | 25.44% | 1816.17% | 335.96% | 16.32% | 13.97% | -177.74% | 72.84% | 98.08% | 25.96% | 153.26% | -73.05% | -4.49% | 54.67% | -2382.14% | 62.7% |
| FCF per Share | 1.94 | 4.64 | 1.54 | 4.69 | 1.95 | 4.19 | 2.65 | 3.30 | 2.25 | 3.34 | -0.15 | 0.76 | 1.95 | 3.15 | 0.20 | 0.44 | 0.98 | 2.48 | -0.36 | 1.57 |
| FCF Conversion (FCF/Net Income) | 1.01x | 1.71x | 1.05x | 3.26x | 1.79x | 1.84x | 1.90x | 4.01x | 1.58x | 2.05x | -0.08x | 0.81x | 2.49x | 2.96x | 1.92x | 0.65x | 1.47x | 2.15x | 2.27x | 3.93x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 49.33M | 0 | 0 | 0 | 0 | 0 | 118.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |