• Alliança posted a 4Q25 net loss of R$ 1.35 billion, widening from a net loss of R$ 47.6 million a year earlier.
• Adjusted EBITDA fell 95.1% year-on-year to R$ 3.3 million, cutting the adjusted margin to 1.2% from 26.4%.
• Revenue rose 3.9% year-on-year to R$ 291 million, while adjusted net income worsened to a loss of R$ 48.9 million from a loss of R$ 27.8 million.
• Total gross debt dropped 39.6% to R$ 498.1 million, while current liquidity slid to 0.3 from 1.0.
• Management flagged a liquidity squeeze tied to accelerated debt maturities, citing a March 2026 court order and R$ 126 million Cura debenture issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allianca Saude e Participacoes SA published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.