Afya Ltd, a leading Brazilian medical and health education company, demonstrated consistent growth in 2025 with revenue rising nearly 12% to R$3.7 billion and net income increasing 18.4% to R$768 million. The company operates an integrated platform spanning undergraduate, continuing education, and clinical practice solutions. Capital allocation includes progressive share repurchases and a dividend payout representing 40% of net income, supported by strong liquidity exceeding R$1.1 billion. Risks center on Brazil-specific macroeconomic conditions and regulatory changes affecting financing programs. Future prospects rely on enrollment expansion, digital content development, and optimization of acquired assets [F1, S4-S8, S17].