Afya Limited (NASDAQ:AFYA) Q2 2022 Earnings Conference Call August 22, 2022 5:00 PM ET

Company Participants

Ana Raquel Torres - Investor Relations

Virgilio Gibbon - Chief Executive Officer

Luis André Blanco - Chief Financial Officer

Conference Call Participants

Vinicius Figueiredo - Itau BBA

Mauricio Cepeda - Credit Suisse

Marcelo Santos - JPMorgan

Yan Cesquim - BTG Pactual

Ana Raquel Torres

Thank you for joining us for Afya’s Second Quarter 2022 Conference Call. Today I’m here with Afya’s CEO, Virgilio Gibbon and Luis André Blanco, our CFO.

During this presentation, our executives will make forward-looking statements. Forward-looking statements can be related to future events, future financial or operating performance, known and unknown risks, uncertainties, and other factors that may cause Afya’s actual results to differ materially from those contemplated by these forward-looking statements.

Forward-looking statements in this presentation include, but are not limited to, statements related to the business and financial performance, expectations and guidance for future periods or expectations regarding the company’s strategic product initiatives, its related benefits, and our expectations regarding the market as well as the potential impact from COVID-19. These risks include those more fully described in our filings with the Securities and Exchange Commission. The forward-looking statements in this presentation are based on the information available to us as of the date hereof. You should not rely on them as predictions of future events, and we disclaim any obligation to update any forward-looking statements except as required by law.

In addition, management may reference non-IFRS financial measures on this call. These measures are not intended to be considered in isolation or as a substitute of the results prepared in accordance with the IFRS. This presentation has reconciled these non-IFRS financial measures to the most directly comparable IFRS financial measures.

Let me now turn the call over to Virgilio Gibbon, Afya’s CEO, starting with Slide number 3.

Virgilio Gibbon

Thank you, Ana, and thanks everyone for joining us today. Before starting, I would like to thank our IR team for the incredible work to prepare our second quarter release and to congratulate Renata Couto, our Head of IR, for the birth of her first daughter Maria this month.

For us in Afya, this quarter’s results reinforce that our strategy has been successful, marked by the consistent growth of our operational and financial results. Once again, we are proud to present the strong execution of our unique business model, combining high growth, profitability flowing in all lines and cash generation, proving its resilience.