Cogna Educacao S.A.

Cogna Educacao S.A.

3.01
BRL
-0.01
(-0.33%)
0.34EPS
6.30P/E
4.50BMarket Cap
Nov 11Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.71
2.55
2.96
2.94
3.11
3.38
3.54
2.59
2.32
2.42
2.82
3.39
3.84
3.98
Basic EPS, GAAP
0.44
0.68
0.78
1.05
1.05
0.78
0.13
-2.85
-0.24
-0.26
-0.24
0.47
0.34
0.36
Free Cash Flow per Basic Share
0.34
0.57
0.28
0.77
0.69
0.1
-0.14
-0.09
0.06
-0.16
0.11
0.24
0.42
0.58
Dividend per Share
0.13
0.43
0.15
0.32
0.39
0.36
0.11
- -
- -
- -
- -
- -
0.07
0.07
Book Value per Share
2.22
6.42
7.01
7.75
8.43
8.87
8.8
6.43
6.17
5.9
5.67
6.11
6.74
6.86
Tangible Book Value per Share
0.01
-0.27
0.28
1.41
2.17
-2.82
-2.61
-0.88
-1.38
-1.44
-1.6
-1.16
-0.62
-0.54
Basic Weighted Avg Shares
1,180
1,478
1,781
1,784
1,788
1,791
1,796
2,034
2,058
2,066
2,059
1,886
1,829
1,967
Sales/Revenue/Turnover
2,016
3,774
5,265
5,245
5,558
6,061
6,355
5,269
4,778
5,005
5,815
6,391
7,017
7,831
Operating Margin (%)
27.72
27.58
28.4
29.6
30.03
20.57
13.7
-22.63
1.61
10.23
12.91
21.35
18.85
21.13
Depreciation Expense
111
250
380
402
417
503
1,198
1,153
955
931
917
926
915
928
Net Income, GAAP
517
1,001
1,396
1,865
1,882
1,404
235
-5,806
-489
-529
-493
880
626
702
Effective Tax Rate (%)
3.18
1.5
4.67
3.03
1.99
- -
- -
- -
- -
- -
- -
- -
- -
4.17
Profit Margin (%)
25.62
26.51
26.52
35.55
33.87
23.16
3.7
-110.19
-10.24
-10.57
-8.48
13.77
8.91
8.96
Working Capital
356
505
468
1,400
2,191
3,015
1,728
4,010
2,880
990
1,376
1,746
1,871
2,392
LT Debt
436
741
562
325
76
7,156
11,379
8,085
7,635
6,020
6,165
6,029
6,055
6,157
Total Equity
2,619
11,446
12,460
13,849
15,208
17,473
15,835
14,285
13,771
13,241
12,706
13,545
13,455
13,744
Return on Invested Capital (%)
17.94
13.09
11.05
12.58
11.02
- -
- -
- -
- -
- -
- -
- -
- -
6.92
Return on Capital (%)
19.47
14.27
11.78
14.65
12.86
- -
- -
- -
- -
- -
- -
- -
- -
7.79
Return on Common Equity (%)
21.24
14.23
11.68
14.17
12.96
9.02
1.48
-39.98
-3.77
-4.25
-4.13
7.31
4.84
5.34

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
595
664
530
LT Borrowings
3,477
3,476
3,617
LT Finance Leases
2,578
2,396
2,540
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,996
1,996
2,001
Market Capitalization
6,306
6,306
4,503

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,702
4,982
5,100
Cash, Cash Equivalents & STI
1,283
1,205
1,431
Accounts Receivable, Net
2,462
2,788
2,763
Inventories
575
530
500
Total Current Liabilities
2,830
3,014
2,707
Payables & Accruals
- -
- -
- -
ST Debt
595
664
530
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.12%
-1.11%
-0.67%
Free Cash Flow
-71.84%
-105.29%
68.36%
Net Income, GAAP
-303.99%
-79.54%
-28.91%
Sales/Revenue/Turnover
3.37%
6.26%
9.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,517
1,432
1,282
2,161
6,391
2025
1,628
1,665
1,523
2,201
7,017
2026
2,146
1,961
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
-0.01
0.45
0.47
2025
0.05
0.06
0.1
0.11
0.34
2026
0.08
0.07
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.07
2026
0.06
0.01
- -
- -
- -

Company Description

CEO
Roberto Valério Neto
Full Time Employees
25,000
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Rua Santa Madalena Sofia, 25 Belo Horizonte MG Brazil 30380-650
IPO Date
Jul 19, 2007
Business
Cogna Educação S.A. operates as one of Brazil's largest private educational organizations, providing a comprehensive range of educational services from early childhood through higher education and professional training primarily in Brazil with international reach. The company conducts its activities through three main segments: Kroton, focused on in-class and distance-learning higher education including undergraduate and graduate courses under brands such as Anhanguera, Pitagoras, Unopar, Unic, Unime, and Fama; Vasta, offering basic education solutions, pre-university preparatory courses, language courses, teaching materials, school management advisory, and complementary educational tools including technology platforms for digital learning; and Saber, providing educational technology software for adaptive teaching, academic management optimization, student financing advisory, and licensing of pedagogic products. It also engages in editing, marketing, distribution, wholesale, retail, import, and export of textbooks, workbooks, magazines, and other educational publications; administration of kindergarten, elementary, high school, and vocational programs; and development of edtech solutions for technical education and governmental sales. Founded in 1966 and headquartered in Belo Horizonte, Minas Gerais, Brazil, the company serves over 1.2 million higher education students and targets schools, students, and institutions across primary, secondary, postsecondary, and lifelong learning segments. Recent developments include a June 2025 partnership with IFC receiving a $100 million BRL-linked loan to modernize Kroton's technology infrastructure, enhance undergraduate learning platforms, and expand hybrid and digital education access especially in underserved regions; strong Q3 2025 revenue growth of nearly 19% driven by double-digit expansions in higher education, basic education core segments, languages, and governmental solutions via Acerta Brasil; launch of new franchise units for Anglo brand reaching 14 units planned for 2026; and ongoing debt restructuring efforts with extension of tender offers into late 2025.

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