Cogna Educação S.A. (COGNY) Q4 2025 Earnings Call Transcript

SA Transcripts158.97K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Cogna Educação S.A. (COGNY) Q4 2025 Earnings Call March 12, 2026 10:00 AM EDT Company Participants Roberto Valério - CEO & Member of Board of Executive OfficersGuilherme Melega - Chief Executive OfficerFrederico da Cunha Villa - CFO, Investor Relations Officer & Member of Executive Board Conference Call Participants Lucca Marquezini - Itaú Corretora de Valores S.A., Research DivisionSamuel Alves - Banco BTG Pactual S.A., Research DivisionMarcelo Santos - JPMorgan Chase & Co, Research DivisionLucas Nagano - Morgan Stanley, Research DivisionEduardo Resende - UBS Investment Bank, Research DivisionFlavio Yoshida - BofA Securities, Research DivisionRenan Prata - Citigroup Inc., Research DivisionAndres Coello - Scotiabank Global Banking and Markets, Research Division Presentation Operator Good morning, everyone, and welcome for the disclosure of results of the fourth quarter '25 Cogna Education. [Operator Instructions]. This teleconference is being recorded and will be available at the RI website of the company, www. ri.cogna.com.br, where we can see available the complete material of the results disclosure. [Operator Instructions] Before going on, we would like to tell you that any statements made in the teleconference regarding the business perspectives of Cogna, preventions, operations and financial targets are the beliefs and premises of the company administration as well as the information available now for Cogna. Future considerations are not a guarantee for performance. And there are uncertainties and premises because it's referring to future events, therefore, depending on circumstances that may or not happen. Investors and analysts should understand that general conditions, conditions of the sector and other operational conditions may affect the future results of Cogna, therefore, leading to results that will interfere and be different from the ones expressed. So now I'll pass on the floor to Mr. Roberto Valerio, Cogna's CEO, who will start his presentation. Please, Mr. Roberto, the floor is yours.