Anima Holding Sa · BMFBOVESPA:ANIM3
Anima Holding Sa — Ânima Educação — Q3 2024 Earnings Presentation
17 slides from Anima Holding Sa's earnings presentation, Nov 7, 2024
Slide 1: 3Q24 Earnings Presentation
3Q24 Earnings Presentation November 7, 2024
Slide 2: Notice
Notice The general and summarized information related to the activities carried out by Ânima Educação to date does not constitute in any way any invitation, offer or request to purchase shares. This presentation may contain statements that express the mere expectations of the Company's management, a
Slide 3: Anima Education
Anima Education 3Q24 Results Presentation 13 states with in-person operations + 25 education brands 1 institute + 380 thousand students and ~ 550 centers throughout the country Specialist brands 3
Slide 4: We continued our trajectory of solid financial results in 3Q24
We continued our trajectory of solid financial results in 3Q24 Leverage reduction Quality of revenue 2.71x +4.9% +6.9% leverage in 3Q24 Growth in net ticket Core’s growth in the net ticket of vs 3.41x in 3Q23 Academic Education vs Inspirali’s Academic Education 3Q23 vs 3Q23 Company's cash generation
Slide 5: Our EBITDA margin ex-IFRS16 LTM expands for the 11th consecutive quarter
Our EBITDA margin ex-IFRS16 LTM expands for the 11th consecutive quarter, reaching an all-time high * normalization: excluding reversals of non-cash provisions from 3Q21, in the amount of R$118.7 million. 5
Slide 6: We ended 3Q24 with leverage of 2.71x, the lowest level since the acquisition of Laureate
We ended 3Q24 with leverage of 2.71x, the lowest level since the acquisition of Laureate, as a result of our focus on cash generation Company cash generation ∑ ( 328.5) (R$ million) Total cash generation ∑ ( 218.4) / Reduction in net debt ex-dividends 2.76x 2.71x 3.17x ∆ = +28.0 6
Slide 7: Bank liability management led to a 10.4% improvement in net financial results
Bank liability management initiatives and a more robust cash position led to a 10.4% improvement in net financial results (3Q24 vs. 3Q23) as well as a reduction in spreads, which fell 0.7 p.p. in the year... Spread médio da dívida Taxa Selic, final de período Custo total da dívida 3Q23 3Q24 16,0% 16
Slide 8: In the last 3 quarters, we had a reduction in net debt (pre-dividends)
In the last 3 quarters, we had a reduction in net debt (pre- dividends) of R$361.4 million 361.4 MM debt reduction (R$ milhões) 2.998,0 2.895,7 177,4 2.882,6 2.854,6 (102,2) (41,1) 69,0 (218,4) 3,25x 2,98x 2,76x 2,48x 2,71x Net Debt 4T23 Debt reduction Net Debt 1T24 Debt reduction Net Debt 2T24 Debt
Slide 9: A more comfortable cash position, sufficient to pay off bank debt principal for 3 years
... and led us to a more comfortable cash position, sufficient to pay off the principal of the bank debt for the next 3 years Amortization schedules 285.4 3Q24 (22.1) (R$ million) 73.2 Year Current Proforma 303.0 1,475.2 2024 184.5 135.0 (47.7) (50.2) 2025 283.7 86.0 2026 361.5 259.9 1,180.0 2027 1,
Slide 10: Adjusted EBITDA ex-IFRS16 recorded an expansion of 12.2%
Adjusted EBITDA ex-IFRS16 recorded an expansion of 12.2% and a growth of 3.1 p.p. in margin compared to the same quarter of the previous year R$ million ∆3Q24/ 3Q24 %AV 3Q23 %AV ∆ AV (except in %) 3Q23 Net Revenue 938.3 100.0% 940.4 100.0% -0.2% - Teaching Cost (205.4) -21.9% (216.1) -23.0% -5.0% 1.
Slide 11: Our Core segment continues to deliver tickets and operating results at healthy levels
Our Core segment continues to deliver tickets and operating results at healthy levels and positive impacts on evasion Ticket (in R$) Dropout in%) +7,0% +4,9% -1,45p.p. 841 843 804 13,24% 787 -0,46p.p. 11,79% 9,38% 9,84% 9M24 9M23 3Q24 3Q23 9M24 9M23 3Q24 3Q23 Operational result (in R$ millions) 639,
Slide 12: Digital Education also demonstrates the positive impact of the strategy
Digital Education also demonstrates the positive impact of the strategy, with a reduction in dropout rates and growth in operating results Ticket (in R$) Dropout in%) +7,3% -0,2% -2,33p.p. 222 215 216 26,3% 207 -1,30p.p. 24,0% 18,9% 20,2% 9M24 9M23 3Q24 3Q23 9M24 9M23 3Q24 3Q23 Operational result (i
Slide 13: Performance by segment
Performance by segment Inspirali In the undergraduate medical program, we closed 3Q24 with 11,626 Costs: follow the trend observed in previous quarters and reflect (i) the students enrolled (+2% YoY ) across its 15 campuses . This quarter, we saw establishment of the necessary structure to better se
Slide 14: We begin a new moment for the Company: the 3rd wave
With these solid results, we look to the future, and we begin a new moment for the Company: the 3rd wave Sustainable revenue growth New organizational design in the core business, with 3 clear avenues for growth New Comex – focus and agility Without giving up efficiency and cash generation 14
Slide 15: Thanks!
anima EDUCACAO AYES Thanks! 15
Slide 16: Attachments - CAPEX
Attachments - CAPEX We continue to be disciplined in our CAPEX investments, seeking to improve the student experience and operational efficiency, without harming operations. (R$ million) 155,2 122,3 81,7 69,6 55,8 28,9 23,8 17,8 Systems and Technology Works and Improvements Others Total Invesment 9M
Slide 17: EDUCACAO
EDUCACAO anime Ld