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17 Earnings per share (EPS) (Tables)
 12 Months Ended
Dec. 31, 2020
Earnings per share [abstract]  
Schedule of earnings per share

The following table reflects the net income and share data used in the basic and diluted EPS calculations:

 

  2020 2019 2018*
Numerator      
Net income attributable to equity holders of the parent 292,075 153,916 86,353
Denominator      
Weighted average number of outstanding shares 92,683,848 75,969,797 46,936,064
Effects of dilution from stock options 951,920 221,846 840,700
Weighted average number of outstanding shares adjusted for the effect of dilution 93,635,768 76,191,643

47,776,764

 

       
Basic earnings per share (R$) 3.15  2.03 1.84
Diluted earnings per share (R$) 3.12  2.02 1.81

 

* Considers the effects from the contribution of the shareholders of Afya Brazil into Afya in a one-to-28 exchange for the shares of Afya Brazil contributed to Afya.