AFYA
Afya Limited
Price Chart
Latest Quote
$14.44
+0.12 (+0.84%)
Current Price
| Previous Close | $14.32 |
| Open | $14.25 |
| Day High | $14.59 |
| Day Low | $14.25 |
| Volume | 38,146 |
Stock Information
Note: Financial values converted from BRL to USD
| Quarterly Dividend / Yield | $0.66 / 4.55% |
| Shares Outstanding | 52.88M |
| Quarterly Dividend Yield | 4.55% |
| Quarterly Dividend | $0.66 |
| Total Debt | $619.13M |
| Cash Equivalents | $257.75M |
| Revenue | $729.75M |
| Net Income | $146.48M |
| Sector | Consumer Defensive |
| Industry | Education & Training Services |
| Market Cap | $1.32B |
| P/E Ratio | 8.80 |
| EPS (TTM) | $1.64 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $3.20B |
| Sales | $729.75M |
| Income | $146.48M |
| Book/sh | $10.57 |
| Cash/sh | $25.21 |
| Employees | 9K |
Financial Ratios
| Quick Ratio | 1.73 |
| Current Ratio | 1.78 |
| Debt/Eq | 66.89 |
| EPS Growth TTM | 2.00% |
Returns & Margins
| ROA | 8.25% |
| ROE | 16.76% |
| Gross Margin | 64.33% |
| Operating Margin | 38.87% |
| Profit Margin | 20.07% |
Ownership
| Insider Ownership | 74.16% |
| Institutional Ownership | 19.19% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 6.97 |
| P/S | 0.35 |
| P/B | 1.37 |
Analyst Data
| Recommendation | none |
| Target Price | $16.35 |
Technical Indicators
| SMA20 | $14.14 |
| SMA50 | $14.56 |
| SMA200 | $14.26 |
| RSI | 59.00 |
| ATR | 0.4465 |
| Shares Float | 6.07M |
| Short Float | 6.83% |
| Short Ratio | 4.91 |
| Volatility | 0.36 |
| Rel Volume | 0.49 |
Performance History
| Week | +3.07% |
| Month | +1.55% |
| Quarter | +8.79% |
| 6 Months | -0.67% |
| YTD | +0.86% |
| Year | -15.95% |
| 3 Years | +30.22% |
| 5 Years | -34.75% |
| 10 Years | -35.94% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-05 | $14.44 | 40,700 |
| 2026-06-04 | $14.32 | 55,300 |
| 2026-06-03 | $14.50 | 138,300 |
| 2026-06-02 | $14.40 | 38,900 |
| 2026-06-01 | $14.52 | 84,100 |
| 2026-05-29 | $14.01 | 117,600 |
| 2026-05-28 | $14.05 | 62,700 |
| 2026-05-27 | $13.75 | 179,100 |
| 2026-05-26 | $14.06 | 90,200 |
| 2026-05-22 | $14.00 | 75,800 |
| 2026-05-21 | $14.09 | 78,300 |
| 2026-05-20 | $14.22 | 69,700 |
| 2026-05-19 | $14.07 | 71,200 |
| 2026-05-18 | $14.27 | 81,200 |
| 2026-05-15 | $13.97 | 69,500 |
| 2026-05-14 | $13.81 | 108,800 |
| 2026-05-13 | $14.10 | 75,400 |
| 2026-05-12 | $14.19 | 87,300 |
| 2026-05-11 | $14.01 | 96,300 |
| 2026-05-08 | $13.93 | 55,300 |
| 2026-05-07 | $13.91 | 68,800 |
| 2026-05-06 | $14.22 | 179,000 |
About Afya Limited
Afya Limited operates as a medical education group in Brazil. The company operates in three segments: Undergraduate, Continuing Education, and Medical Practice Solutions. The Undergraduate segment offers educational services through undergraduate courses related to medical school, health sciences, and other non-health undergraduate programs, including medicine, dentistry, nursing, radiology, psychology, pharmacy, physical education, physiotherapy, nutrition, biomedicine, business administration, accounting, law, civil and industrial engineering, and pedagogy. The Continuing Education segment provides medical education, including residency preparation programs, specialization test preparation, graduate courses in medicine, and digital and in-person professional development for physicians and medical students. The Medical Practice Solutions segment offers clinical decision support platforms, medical practice management software, healthcare financial services, and digital healthcare ecosystem solutions, such as electronic medical records, practice management tools, telemedicine, digital prescriptions, and doctor-patient relationship platforms. This segment also provides a subscription-based mobile app and website portal that focuses on assisting health professionals and students with clinical decision-making through tools, such as medical calculators, charts, and updated content, as well as prescriptions, clinical scores, medical procedures and laboratory exams, and others. The company also offers educational health and medical imaging; and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools. In addition, it offers printed and digital content, as well as an online medical education platform and physicians, healthcare professionals and students. Afya Limited was founded in 1999 and is headquartered in Belo Horizonte, Brazil.
đ° Latest News
Afya (NasdaqGS:AFYA) Valuation Check As Shares Trade Near Recent Levels
Simply Wall St. âĸ 2026-06-01T20:08:23Z
Should Value Investors Buy Afya (AFYA) Stock?
Zacks âĸ 2026-05-28T13:40:04Z
Wall Street Analysts Predict a 25.57% Upside in Afya (AFYA): Here's What You Should Know
Zacks âĸ 2026-05-25T13:55:03Z
Doma Perpetual Buys Another $5.6 Million of Nomad Foods With the Stock Down 20% in 2026
Motley Fool âĸ 2026-05-21T15:37:08Z
AFYA or APEI: Which Is the Better Value Stock Right Now?
Zacks âĸ 2026-05-20T15:40:02Z
Top Dividend Stocks To Consider In May 2026
Simply Wall St. âĸ 2026-05-13T11:32:02Z
Are Investors Undervaluing Afya (AFYA) Right Now?
Zacks âĸ 2026-05-11T13:40:09Z
Afya Ltd (AFYA) Q1 2026 Earnings Call Highlights: Strong Revenue Growth Amidst Competitive ...
GuruFocus.com âĸ 2026-05-09T01:00:14ZAfya Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-07T23:42:30Z
Assessing Afya (NasdaqGS:AFYA) Valuation After Recent Share Price Weakness
Simply Wall St. âĸ 2026-05-05T21:16:57Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $260,517,721 | $241,028,486 | $220,052,556 | $170,431,068 |
| Cost Of Revenue | $260,517,721 | $241,028,486 | $220,052,556 | $170,431,068 |
| Total Revenue | $733,087,839 | $655,178,885 | $570,233,010 | $461,802,976 |
| Operating Revenue | $928,802,448 | $803,501,453 | $695,017,289 | $560,647,016 |
| Expenses | ||||
| Interest Expense | $87,132,891 | $72,639,890 | $76,594,365 | $57,233,615 |
| Total Expenses | $492,553,662 | $454,498,182 | $418,140,960 | $330,161,219 |
| Other Income Expense | $2,145,577 | $553,793 | $1,747,631 | $15,861,126 |
| Net Non Operating Interest Income Expense | $-71,972,483 | $-67,120,399 | $-68,662,612 | $-62,553,638 |
| Total Other Finance Cost | $22,112,663 | $14,863,188 | $13,308,285 | $10,712,615 |
| Interest Expense Non Operating | $87,132,891 | $72,639,890 | $76,594,365 | $57,233,615 |
| Operating Expense | $232,035,941 | $213,469,695 | $198,088,404 | $159,730,151 |
| Other Operating Expenses | $18,837 | $1,445,850 | $-3,102,074 | $1,437,919 |
| Rent Expense Supplemental | - | - | $2,155,490 | $2,409,684 |
| General And Administrative Expense | - | - | $201,190,478 | $158,256,939 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $149,197,177 | $125,215,140 | $76,599,917 | $74,070,869 |
| Net Interest Income | $-71,972,483 | $-67,120,399 | $-68,662,612 | $-62,553,638 |
| Interest Income | $37,273,072 | $20,382,680 | $21,240,038 | $5,392,593 |
| Normalized Income | $149,744,916 | $126,916,521 | $76,727,356 | $61,745,567 |
| Net Income From Continuing And Discontinued Operation | $149,197,177 | $125,215,140 | $76,599,917 | $74,070,869 |
| Total Operating Income As Reported | $240,534,177 | $200,680,703 | $152,092,050 | $131,677,051 |
| Net Income Common Stockholders | $149,197,177 | $125,215,140 | $76,599,917 | $74,070,869 |
| Net Income | $149,197,177 | $125,215,140 | $76,599,917 | $74,070,869 |
| Net Income Including Noncontrolling Interests | $152,366,071 | $128,667,176 | $80,385,459 | $77,875,247 |
| Net Income Continuous Operations | $152,366,071 | $128,667,176 | $80,385,459 | $77,875,247 |
| Pretax Income | $170,707,271 | $134,114,097 | $85,177,068 | $84,949,245 |
| Earnings From Equity Interest | $2,759,250 | $2,327,200 | $1,882,659 | $2,415,831 |
| Interest Income Non Operating | $37,273,072 | $20,382,680 | $21,240,038 | $5,392,593 |
| Operating Income | $240,534,177 | $200,680,703 | $152,092,050 | $131,641,757 |
| Gross Profit | $472,570,118 | $414,150,398 | $350,180,454 | $291,371,908 |
| Per Share | ||||
| Diluted EPS | $1.63 | $1.37 | $0.85 | $0.82 |
| Basic EPS | $1.65 | $1.39 | $0.85 | $0.82 |
| Other | ||||
| Tax Effect Of Unusual Items | $-65,935 | $-72,025 | $-7,589 | $1,119,993 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $332,480,092 | $274,621,898 | $219,310,398 | $169,626,650 |
| Total Unusual Items | $-613,673 | $-1,773,407 | $-135,028 | $13,445,296 |
| Total Unusual Items Excluding Goodwill | $-613,673 | $-1,773,407 | $-135,028 | $13,445,296 |
| Reconciled Depreciation | $74,026,256 | $66,094,503 | $57,403,937 | $40,889,085 |
| EBITDA (Bullshit earnings) | $331,866,418 | $272,848,491 | $219,175,370 | $183,071,946 |
| EBIT | $257,840,162 | $206,753,987 | $161,771,433 | $142,182,861 |
| Diluted Average Shares | $18,096,446 | $18,074,046 | $17,951,550 | $17,832,524 |
| Basic Average Shares | $17,939,462 | $17,869,381 | $17,811,468 | $17,832,524 |
| Diluted NI Availto Com Stockholders | $149,197,177 | $125,215,140 | $76,599,917 | $74,070,869 |
| Minority Interests | $-3,168,894 | $-3,452,037 | $-3,785,542 | $-3,804,378 |
| Tax Provision | $18,341,199 | $5,446,921 | $4,791,609 | $7,073,998 |
| Gain On Sale Of Security | $-613,673 | $-1,773,407 | $-135,028 | $13,445,296 |
| Provision For Doubtful Accounts | $11,319,745 | $12,073,998 | $14,782,092 | - |
| Selling General And Administration | $220,697,359 | $199,949,847 | $186,408,386 | $158,256,939 |
| Excise Taxes | $38,560,695 | $33,831,941 | $28,319,191 | $21,216,641 |
| Other Taxes | - | $193,322 | $386,049 | $35,294 |
| Other Gand A | - | - | $201,190,478 | $158,256,939 |
Fetched: 2026-06-01
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-145,969,791 | $-250,393,400 | $-236,846,387 | $-167,080,352 |
| Total Assets | $1,855,481,328 | $1,750,711,722 | $1,503,842,929 | $1,427,517,033 |
| Total Non Current Assets | $1,470,388,710 | $1,435,491,020 | $1,265,213,023 | $1,102,804,123 |
| Other Non Current Assets | $24,880,043 | $22,975,573 | $23,267,242 | $38,021,178 |
| Non Current Deferred Assets | $2,488,797 | $0 | - | - |
| Non Current Deferred Taxes Assets | $2,488,797 | $0 | - | - |
| Non Current Accounts Receivable | $6,936,789 | $7,127,732 | $7,829,044 | $8,440,338 |
| Goodwill And Other Intangible Assets | $1,107,978,807 | $1,097,035,593 | $950,949,017 | $801,342,592 |
| Other Intangible Assets | $805,259,791 | $794,316,577 | $686,306,300 | $552,097,029 |
| Current Assets | $385,092,618 | $315,220,702 | $238,629,906 | $324,712,910 |
| Other Current Assets | $12,481,065 | $11,330,651 | $11,953,643 | $10,259,944 |
| Receivables | $149,472,190 | $123,254,954 | $117,022,055 | $95,300,795 |
| Taxes Receivable | $7,232,225 | $5,100,924 | $8,674,902 | $5,513,939 |
| Accounts Receivable | $142,239,965 | $118,154,030 | $108,347,153 | $89,786,855 |
| Cash Cash Equivalents And Short Term Investments | $223,139,363 | $180,635,098 | $109,654,208 | $216,735,151 |
| Cash And Cash Equivalents | $223,139,363 | $180,635,098 | $109,654,208 | $216,735,151 |
| Cash Equivalents | $220,071,988 | $179,429,958 | $107,325,223 | $205,332,327 |
| Cash Financial | $3,067,375 | $1,205,139 | $2,328,985 | $11,402,824 |
| Inventory | - | - | $274,022 | $2,417,020 |
| Allowance For Doubtful Accounts Receivable | - | - | $-12,173,931 | $-8,733,395 |
| Gross Accounts Receivable | - | - | $120,521,084 | $98,520,250 |
| Debt | ||||
| Net Debt | $184,178,541 | $254,619,121 | $247,401,568 | $168,932,674 |
| Total Debt | $618,632,902 | $629,237,653 | $530,464,399 | $538,248,434 |
| Long Term Debt And Capital Lease Obligation | $595,545,301 | $548,114,993 | $487,606,404 | $490,693,806 |
| Long Term Debt | $395,288,716 | $363,169,113 | $321,513,878 | $344,549,133 |
| Current Debt And Capital Lease Obligation | $23,087,601 | $81,122,660 | $42,857,995 | $47,554,629 |
| Current Debt | $12,029,187 | $72,085,105 | $35,541,898 | $41,118,692 |
| Other Current Borrowings | $12,029,187 | $72,085,105 | $35,541,898 | $41,118,692 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $885,662,302 | $896,013,851 | $781,510,335 | $783,079,118 |
| Total Non Current Liabilities Net Minority Interest | $710,375,580 | $669,937,183 | $571,618,782 | $603,500,054 |
| Other Non Current Liabilities | $8,619,384 | $8,474,839 | $3,624,539 | $2,620,851 |
| Tradeand Other Payables Non Current | $80,787,569 | $85,232,388 | $59,695,249 | $71,351,672 |
| Non Current Deferred Liabilities | $0 | $5,606,139 | - | - |
| Current Liabilities | $175,286,721 | $226,076,667 | $209,891,553 | $179,579,064 |
| Other Current Liabilities | $1,773,803 | $2,148,551 | $549,828 | $539,120 |
| Current Deferred Liabilities | $31,335,014 | $31,932,428 | $30,432,845 | $26,381,014 |
| Payables And Accrued Expenses | $75,959,476 | $69,615,938 | $97,923,034 | $74,466,634 |
| Payables | $75,959,476 | $69,615,938 | $97,923,034 | $74,466,634 |
| Dividends Payable | $38,070 | $0 | - | - |
| Total Tax Payable | $29,480,313 | $7,475,711 | $6,274,537 | $8,401,476 |
| Income Tax Payable | $22,333,744 | $842,091 | $769,322 | $3,202,403 |
| Accounts Payable | $46,441,094 | $62,140,226 | $91,648,496 | $66,065,158 |
| Current Notes Payable | - | - | $0 | - |
| Equity | ||||
| Common Stock Equity | $962,009,016 | $846,642,194 | $714,102,630 | $634,262,240 |
| Total Equity Gross Minority Interest | $969,819,026 | $854,697,871 | $722,332,594 | $644,437,916 |
| Stockholders Equity | $962,009,016 | $846,642,194 | $714,102,630 | $634,262,240 |
| Other Equity Interest | $40,213,945 | $37,176,708 | $30,747,712 | $24,494,985 |
| Retained Earnings | $522,376,204 | $398,912,463 | $273,697,323 | $199,247,741 |
| Long Term Equity Investment | $9,223,540 | $10,794,703 | $10,277,591 | $10,688,623 |
| Other | ||||
| Treasury Shares Number | $764,395 | $685,160 | $748,201 | $750,741 |
| Ordinary Shares Number | $17,818,869 | $17,898,104 | $17,835,063 | $17,832,524 |
| Share Issued | $18,583,265 | $18,583,265 | $18,583,265 | $18,583,265 |
| Tangible Book Value | $-145,969,791 | $-250,393,400 | $-236,846,387 | $-167,080,352 |
| Invested Capital | $1,369,326,920 | $1,281,896,412 | $1,071,158,406 | $1,019,930,065 |
| Working Capital | $209,805,897 | $89,144,035 | $28,738,353 | $145,133,846 |
| Capital Lease Obligations | $211,314,998 | $193,983,435 | $173,408,623 | $152,580,609 |
| Total Capitalization | $1,357,297,733 | $1,209,811,307 | $1,035,616,508 | $978,811,373 |
| Minority Interest | $7,810,010 | $8,055,677 | $8,229,964 | $10,175,676 |
| Treasury Stock | $60,675,341 | $54,319,510 | $59,315,148 | $60,464,571 |
| Additional Paid In Capital | $460,090,838 | $464,869,162 | $468,969,373 | $470,980,714 |
| Capital Stock | $3,371 | $3,371 | $3,371 | $3,371 |
| Common Stock | $3,371 | $3,371 | $3,371 | $3,371 |
| Long Term Capital Lease Obligation | $200,256,584 | $184,945,880 | $166,092,526 | $146,144,673 |
| Long Term Provisions | $25,423,327 | $22,508,825 | $20,692,590 | $38,833,725 |
| Current Deferred Revenue | $31,335,014 | $31,932,428 | $30,432,845 | $26,381,014 |
| Current Capital Lease Obligation | $11,058,414 | $9,037,555 | $7,316,097 | $6,435,936 |
| Pensionand Other Post Retirement Benefit Plans Current | $43,130,827 | $41,257,091 | $38,127,852 | $30,637,667 |
| Investments And Advances | $9,223,540 | $10,794,703 | $10,277,591 | $10,688,623 |
| Investmentsin Associatesat Cost | $9,223,540 | $10,794,703 | $10,277,591 | $10,688,623 |
| Goodwill | $302,719,016 | $302,719,016 | $264,642,716 | $249,245,563 |
| Net PPE | $318,880,733 | $297,557,419 | $272,890,129 | $244,311,391 |
| Accumulated Depreciation | $-66,060,994 | $-45,846,059 | $-29,484,278 | $-19,682,358 |
| Gross PPE | $384,941,728 | $343,403,477 | $302,374,407 | $263,993,749 |
| Leases | $69,687,516 | $61,350,085 | $52,434,472 | $28,918,192 |
| Construction In Progress | $13,718,127 | $8,731,015 | $6,733,950 | $17,188,406 |
| Other Properties | $184,678,799 | $173,647,153 | $158,523,426 | $144,235,048 |
| Machinery Furniture Equipment | $91,605,668 | $76,235,084 | $62,458,662 | $51,700,840 |
| Buildings And Improvements | $21,513,663 | $19,702,186 | $18,485,943 | $18,213,310 |
| Land And Improvements | $3,737,955 | $3,737,955 | $3,737,955 | $3,737,955 |
| Properties | $0 | $0 | $0 | $0 |
Fetched: 2026-06-01
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $231,505,743 | $206,218,832 | $158,265,266 | $108,433,801 |
| Operating Activities | ||||
| Operating Cash Flow | $303,681,462 | $284,066,122 | $206,928,473 | $167,327,408 |
| Cash Flow From Continuing Operating Activities | $303,681,462 | $284,066,122 | $206,928,473 | $167,327,408 |
| Operating Gains Losses | $-2,399,175 | $-933,894 | $-1,747,631 | $-2,246,897 |
| Investing Activities | ||||
| Capital Expenditure | $-72,175,719 | $-77,847,290 | $-48,663,206 | $-58,893,607 |
| Investing Cash Flow | $-100,541,307 | $-216,443,879 | $-226,642,952 | $-117,275,852 |
| Cash Flow From Continuing Investing Activities | $-100,541,307 | $-216,443,879 | $-226,642,952 | $-117,275,852 |
| Net Other Investing Changes | - | - | - | - |
| Financing Activities | ||||
| Financing Cash Flow | $-160,275,815 | $4,751,953 | $-87,231,436 | $18,428,442 |
| Cash Flow From Continuing Financing Activities | $-160,275,815 | $4,751,953 | $-87,231,436 | $18,428,442 |
| Net Other Financing Charges | $-29,109,927 | $-3,626,324 | $-3,717,730 | $-3,913,233 |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Net Common Stock Issuance | $-15,267,876 | $0 | $-2,452,512 | $-30,201,255 |
| Dividends Received Cfi | $3,083,833 | $1,487,290 | $1,962,962 | $1,339,176 |
| Repurchase Of Capital Stock | - | - | $-2,452,512 | $-30,201,255 |
| Issuance Of Capital Stock | - | - | - | $0 |
| Common Stock Issuance | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-331,982,808 | $-33,690,964 | $-28,572,592 | $-6,008,249 |
| Issuance Of Debt | $296,403,435 | $97,472,544 | $1,048,499 | $98,521,836 |
| End Cash Position | $223,139,363 | $180,635,098 | $109,654,208 | $216,735,151 |
| Beginning Cash Position | $180,635,098 | $109,654,208 | $216,735,151 | $148,424,087 |
| Effect Of Exchange Rate Changes | $-360,075 | $-1,393,306 | $-135,028 | $-168,934 |
| Changes In Cash | $42,864,340 | $72,374,196 | $-106,945,916 | $68,479,998 |
| Interest Paid Cff | $-85,420,951 | $-57,262,366 | $-55,478,450 | $-39,970,657 |
| Proceeds From Stock Option Exercised | $5,102,312 | $1,859,063 | $1,941,349 | $0 |
| Net Issuance Payments Of Debt | $-35,579,373 | $63,781,580 | $-27,524,092 | $92,513,587 |
| Net Long Term Debt Issuance | $-35,579,373 | $63,781,580 | $-27,524,092 | $92,513,587 |
| Long Term Debt Payments | $-331,982,808 | $-33,690,964 | $-28,572,592 | $-6,008,249 |
| Long Term Debt Issuance | $296,403,435 | $97,472,544 | $1,048,499 | $98,521,836 |
| Interest Received Cfi | $-2,882,183 | $-15,650,356 | $-14,180,514 | $-4,669,469 |
| Net Business Purchase And Sale | $-28,567,238 | $-124,433,524 | $-165,762,194 | $-55,051,952 |
| Purchase Of Business | $-28,567,238 | $-124,433,524 | $-165,762,194 | $-55,051,952 |
| Net Intangibles Purchase And Sale | $-39,258,637 | $-50,698,143 | $-25,180,039 | $-25,556,570 |
| Purchase Of Intangibles | $-39,258,637 | $-50,698,143 | $-25,180,039 | $-25,556,570 |
| Net PPE Purchase And Sale | $-32,917,082 | $-27,149,147 | $-23,483,167 | $-33,337,036 |
| Purchase Of PPE | $-32,917,082 | $-27,149,147 | $-23,483,167 | $-33,337,036 |
| Taxes Refund Paid | $-3,181,584 | $-4,068,684 | $-8,951,105 | $-6,560,852 |
| Change In Working Capital | $-42,232,822 | $-4,758,893 | $-15,103,701 | $-21,795,417 |
| Change In Other Working Capital | $-86,450 | $2,003,807 | $-624,182 | $5,875,798 |
| Change In Other Current Liabilities | $1,823,373 | $6,084,586 | $-8,435,183 | $-2,540,152 |
| Change In Other Current Assets | $-2,141,016 | $2,224,690 | $17,533,213 | $-279,772 |
| Change In Payables And Accrued Expense | $-4,482,691 | $659,872 | $5,507,793 | $1,201,570 |
| Change In Payable | $-4,482,691 | $659,872 | $5,507,793 | $1,201,570 |
| Change In Account Payable | $-892,057 | $3,594,004 | $4,857,834 | $1,977,833 |
| Change In Tax Payable | $-3,590,634 | $-2,934,132 | $649,958 | $-776,262 |
| Change In Income Tax Payable | $-3,590,634 | $-2,934,132 | $649,958 | $-776,262 |
| Change In Receivables | $-37,346,039 | $-15,731,848 | $-29,085,341 | $-26,052,863 |
| Changes In Account Receivables | $-35,214,738 | $-19,322,085 | $-26,041,164 | $-25,610,701 |
| Other Non Cash Items | $91,742,877 | $74,564,187 | $68,654,483 | $57,081,734 |
| Stock Based Compensation | $3,037,237 | $6,428,997 | $6,252,727 | $6,200,976 |
| Provisionand Write Offof Assets | $11,319,745 | $12,073,998 | $14,782,092 | $8,468,097 |
| Asset Impairment Charge | $661,657 | $551,810 | $460,602 | $341,436 |
| Depreciation Amortization Depletion | $74,026,256 | $66,094,503 | $57,403,937 | $40,889,085 |
| Depreciation And Amortization | $74,026,256 | $66,094,503 | $57,403,937 | $40,889,085 |
| Earnings Losses From Equity Investments | $-2,759,250 | $-2,327,200 | $-1,882,659 | $-2,415,831 |
| Net Foreign Currency Exchange Gain Loss | $360,075 | $1,393,306 | $135,028 | $168,934 |
| Net Income From Continuing Operations | $170,707,271 | $134,114,097 | $85,177,068 | $84,949,245 |
| Common Stock Payments | - | - | $-2,452,512 | $-30,201,255 |
| Change In Inventory | - | - | $2,170,560 | $-71,975 |
| Gain Loss On Sale Of PPE | - | - | - | - |
Fetched: 2026-06-01