Afya Limited

General Information
Business:

We are the leading medical education group in Brazil based on number of medical school seats, as published by MEC as of December 31, 2018, delivering an end-to-end physician-centric ecosystem that serves and empowers students to be lifelong medical learners from the moment they join us as medical students through their medical residency preparation, graduation program, and CME. Our innovative methodological approach combines integrated content, interactive learning, and an adaptive experience for lifelong medical learners. Through our educational content and technology-enabled activities, we focus on effective, personalized learning that mirrors one-on-one tutoring. We have the largest medical education footprint in Brazil. Our undergraduate and graduate campuses are spread across 12 Brazilian states, and our digital medical platform is available across Brazil. As of March 31, 2019 and as of December 31, 2018, our network of 14 undergraduate and graduate medical school campuses consisted of 9 operating units (units that have been approved by MEC and that have commenced operations) and 5 approved units (units that have been approved by MEC but that have not yet commenced operations), compared to 4 operating units as of March 31, 2018 and as of December 31, 2017. As of March 31, 2019 and as of December 31, 2018, our network of 1,167 medical school seats consisted of 917 operating seats (seats that have been approved by MEC and that have commenced operations) and 250 approved seats (seats that have been approved by MEC but that have not yet commenced operations), compared to 636 and 420 operating seats as of March 31, 2018 and as of December 31, 2017, respectively.

Industry: EDUCATIONAL SERVICES
Employees: 2705
Founded: 1999
Contact Information
Address Alameda Oscar Niemeyer, No. 119, Sala 504, Vila da Serra, Nova Lima, Minas Gerais, Brazil
Phone Number +55 (31) 3515 7500
Web Address http://www.afya.com.br
View Prospectus: Afya Limited
Financial Information
Market Cap $505.8mil
Revenues $109.7 mil (last 12 months)
Net Income $32.95 mil (last 12 months)
IPO Profile
Symbol AFYA
Exchange NYSE
Shares (millions): 13.7
Price range $16.00 - $18.00
Est. $ Volume $233.6 mil
Manager / Joint Managers BofA Merrill Lynch/ Goldman Sachs/ UBS Investment Bank/ Itaú BBA/Morgan Stanley/ BTG/ Pactual XP Investments
CO-Managers -
Expected To Trade: 7/19/2019
Day: Friday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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