MSMB | Jotup

Stone closed the last quarter of 2023 with adjusted net profit of R$564 million, an increase of 177% compared to 4Q22

Retrieved on:

Monday, March 18, 2024

TPV, EBT, Growth, Risk management, Software, Shareholder, Pharmacy, Investment, MSMB, Food

The segment also showed a 22 bps increase in take rate year over year.

Key Points:

The segment also showed a 22 bps increase in take rate year over year.
In 4Q23, the deposits in the banking platform reached R$6.1 billion, up 52.1% compared to 4Q22.
The company continues to advance on its credit solution, with a portfolio of R$309 millions, highlighting the effectiveness of risk management practices.
Adjusted Software EBITDA reached R$58.7 million in 4Q23, with a margin of 16.2%, compared to R$59.6 million and a margin of 15.8% in 4Q22.

Stone presents plans for more than doubling profitability over the next four years

Retrieved on:

Wednesday, November 15, 2023

Stonecoal Creek, R, Food, Growth, TPV, Multimedia, Adjustment, Software, Cryptocurrency, MSMB, Rock (geology)

SÃO PAULO, Nov. 15, 2023 /PRNewswire/ -- During the Investor Day event held in New York on Wednesday (15), Stone (Nasdaq: STNE, B3: STOC31) announced the company's projections for the coming years. With a business model focused on growth and efficiency gains, the expectation is for more than doubling profitability over 4 years, hoping to exceed an adjusted net income of R$ 4.3 billion. In 2027, Stone plans to exceed R$ 600 billion in TPV and a take rate above 2.70% in MSMB, exceed R$ 14 billion in client deposits, and achieve a credit portfolio above R$ 5.5 billion.

Key Points:

With a business model focused on growth and efficiency gains, the expectation is for more than doubling profitability over 4 years, hoping to exceed an adjusted net income of R$ 4.3 billion.
In 2027, Stone plans to exceed R$ 600 billion in TPV and a take rate above 2.70% in MSMB, exceed R$ 14 billion in client deposits, and achieve a credit portfolio above R$ 5.5 billion.
Now, we have many opportunities for using efficiency to improve profitability, as we have historically prioritized speed of growth", Zinner explains.
Stone expanded its base to 3.3 million active payments customers with the addition of 316 thousand new active clients in the quarter.

Stone: growth with profitability reaching R$ 322 million adjusted net income in 2Q23

Retrieved on:

Wednesday, August 16, 2023

Financial services, Service, TPV, Rock (geology), MSMB, MSME, EBT, Stonecoal Creek, Credit card, Yoy, Growth, R, Bookkeeping, Fine chemical, Software

Adjusted EBT was R$ 447 million, 489% higher compared to 2Q22.

Key Points:

Adjusted EBT was R$ 447 million, 489% higher compared to 2Q22.
The Financial Services segment grew 32.0% in the annual comparison with a R$ 2.6 billion revenue, and 9.2% in Software revenue to R$ 383 million.
Adjusted net income was R$ 322 million, up 477% from 2Q22, with a 10.9% adjusted net margin, against 8.7% in 1Q23.
Adjusted net cash reached R$ 4.3 billion, 57.1% higher in the year and 8.5% in the quarter.

Stone reports R$ 526 million in adjusted net income in 2022 and reinforces its execution strength

Retrieved on:

Tuesday, March 14, 2023

Rock (geology), Financial services, Pix, Stonecoal Creek, Growth, EBT, TPV, Yoy, P&L, Bookkeeping, Cryptocurrency, Mobile phone, MSMB, Adjustment

In 2022, doubled its total revenue over 2021, reaching R$ 9.6 billion and multiplied its adjusted net income by 6.2x to R$ 525.5 million.

Key Points:

In 2022, doubled its total revenue over 2021, reaching R$ 9.6 billion and multiplied its adjusted net income by 6.2x to R$ 525.5 million.
The company also increased its MSMB active client base by 48.3% compared with 2021, adding 823 thousand clients reaching 2.5 million clients.
The Financial Services segment grew 49.3% YoY in 4Q22 to R$ 2.3 billion, while software segment grew 20.8% reaching R$ 376 million.
Considering stock compensation as expenses in P&L, Stone expects adjusted EBT above R$ 265 million versus R$ 68.8 million in 1Q22.

StoneCo doubles profitability and grows revenue by 71% to R$ 2.5 billion in 3Q22

Retrieved on:

Thursday, November 17, 2022

Growth, Tax, Financial services, EBT, Stonecoal Creek, TPV, MSMB, Acceleration, Rock (geology), Policy, Net income, Bookkeeping, Software

SÃO PAULO, Nov. 17, 2022 /PRNewswire/ -- On Thursday (17), StoneCo Ltd. (Nasdaq: STNE) released its 3Q22 financial results showing a strong increase in revenue, acceleration in net addition of clients, market share gains in payments, adjusted profit more than doubling compared to previous quarter, and strong liquidity with a better adjusted net cash.

Key Points:

Net revenue grew 71% year-over-year to R$ 2.5 billion, with an 84.1% growth in Financial Services (R$ 2.1 billion) and 21.6% in Software (R$ 366.2 million).
"We achieved strong growth with market share gains, accelerated client addition, and had solid evolution in the banking strategy.
We continue to evolve consistently, balancing growth and profitability, improving our take rates sequentially", says Stone CEO, Thiago Piau.
MSMB TPV between R$ 78 billion to R$ 79 billion against R$ 74.7 billion in 3Q22;
Adjusted EBT above R$ 250 million over R$ 211 million in 3Q22.

Stone reports 2Q22 revenues of R$ 2.3 billion and consolidated TPV of R$ 91 billion, combined with solid profitability increase

Retrieved on:

Thursday, August 18, 2022

CEO, TPV, Technology, Ecosystem, Growth, Policy, Software, Stonecoal Creek, Life, Financial services, Yoy, Rock (geology), Tax, MSMB, Solution, EBT, Efficiency, Renewable energy, Bookkeeping

SÃO PAULO, Aug. 18, 2022 /PRNewswire/ -- Today, August 18, StoneCo Ltd. (Nasdaq: STNE) reported its financial results for the second quarter of 2022. The highlights are net revenues of R$ 2.3 billion, 5% above the guidance, and pre-tax earnings of R$ 107 million, 19% above the guidance. Revenue growth was driven by a 101.5% year on year rise in revenues from the Financial Services segment, which reached R$ 1.9 billion, combined with a 23% increase in revenues from the Software segment, which reached R$ 351 million. The company expects to continue consistently growing revenue and expanding margins throughout 2022.

Key Points:

The highlights are net revenues of R$ 2.3 billion, 5% above the guidance, and pre-tax earnings of R$ 107 million, 19% above the guidance.
Revenue growth was driven by a 101.5% year on year rise in revenues from the Financial Services segment, which reached R$ 1.9 billion, combined with a 23% increase in revenues from the Software segment, which reached R$ 351 million.
Stone focus remains on balancing growth and profitability, mainly in micro, small and medium-sized businesses (MSMB) operations.
Total payment volume (TPV) grew 50% year on year, reaching R$ 91 billion in 2Q22.

Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More than One Million Women in Guatemala, El Salvador, and Honduras

Retrieved on:

Tuesday, June 7, 2022

Mastercard is working to address these challenges by ensuring women entrepreneurs can access and leverage necessary tools and resources to start, build and grow their businesses as integral foundations for their communities.

Key Points:

Mastercard is working to address these challenges by ensuring women entrepreneurs can access and leverage necessary tools and resources to start, build and grow their businesses as integral foundations for their communities.
We know communities see exponential returns when we empower women, and particularly women entrepreneurs, with the tools, capital and resources necessary to sustain and grow their businesses, said Michael Froman, Vice Chairman and President Strategic Growth for Mastercard.
The company is also leveraging the power of collective action by partnering with organizations including Accion, INCAE Business School, Cargill and PriceSmart.
Solutions include digital and physical debit or prepaid Mastercard card programs for consumers and micro business cards for MSMB owners.