NASDAQ-NMS:STNE

Stone delivers a consistent quarter with adjusted net income of R$450 million, a 90% growth compared to the same time last year

Retrieved on:

星期一, 五月 13, 2024

Software, Total, Growth, Adjustment, EBT, TPV, SME, Bookkeeping

Adjusted net cash was R$ 5.1 billion, an increase of R$ 87 million in the quarter and R$ 1.2 billion in the year.

Key Points:

Adjusted net cash was R$ 5.1 billion, an increase of R$ 87 million in the quarter and R$ 1.2 billion in the year.
The adjusted EBT of R$ 568 million represents a 75% increase compared to 1Q23, with an adjusted EBT margin of 18.4%.
In the credit solution, working capital grew by 72% quarter over quarter, reaching a portfolio of R$ 532 million.
We are pleased to report strong profitability growth, reflecting our dedication to the consistency and solidity of the business," says Pedro Zinner, CEO of Stone.

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

Retrieved on:

星期一, 三月 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:

星期三, 十一月 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.

With market gain and profitability, Stone closed the third quarter with R$ 435 million adjusted net earnings

Retrieved on:

星期五, 十一月 10, 2023

EBITDA, Yoy, Tax, Stonecoal Creek, MSME, Financial services, Smurfit-Stone Container, R, Growth, TPV, MSME-Champions, EBT, Renewable energy, Bookkeeping

Adjusted EBT (earnings before taxes) was R$ 545 million, a 228% increase year-on-year, and 21.9% compared to the previous quarter.

Key Points:

Adjusted EBT (earnings before taxes) was R$ 545 million, a 228% increase year-on-year, and 21.9% compared to the previous quarter.
The Banking platform reached 1.9 million customers, with a 244.2% annual increase, closing the quarter with R$ 4.5 billion in deposits, above 51.1% in the annual comparison.
Maintaining the trajectory of evolution and profitability, adjusted net earnings reached R$ 435 million, a 302% increase in the year, with an adjusted net margin of 13.9%, compared to 10.9% in 2Q23.
Adjusted net cash closed at R$ 4.9 billion, up 56.5% YoY and 12.3% in the quarter, with a R$ 530 million increase.

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

Retrieved on:

星期三, 八月 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's growth accelerates; company delivered its best first quarter ever, with adjusted net income of BRL237 million

Retrieved on:

星期三, 五月 17, 2023

Ton, Credit card, TPV, Tax, Rock (geology), MSME, Brazilian Association of Investigative Journalism, BRL, Stonecoal Creek, Acquisition, Growth, Small and medium enterprises in Mexico, Micro, Pix, Bookkeeping, Cryptocurrency, Online shopping, Small

Revenue reached BRL 2.7 billion in 1Q23, up 31% year-on-year, exceeding the guidance by 4%.

Key Points:

Revenue reached BRL 2.7 billion in 1Q23, up 31% year-on-year, exceeding the guidance by 4%.
Cash generation was also a record, with BRL 4 billion in adjusted net cash, a BRL 499.2 million increase vs. previous quarter.
We are building a financial services platform with integrated solutions for our customers, which goes far beyond acquiring", says Stone CEO, Pedro Zinner.
The result was driven by Stone's offers for small and medium-sized businesses, and Ton, a solution for micro and small businesses.

From startup to Big Tech: Stone brings Luiz André Barroso to the Board

Retrieved on:

星期四, 四月 6, 2023

SÃO PAULO, April 6, 2023 /PRNewswire/ -- On Thursday (6), Stone (Nasdaq: STNE) announced the arrival of Luiz André Barroso to the Board of Directors. Building on the purpose of serving entrepreneurs with a complete technology platform, Stone takes another important step on the path to consolidate itself as a big tech without losing its startup essence.

Key Points:

SÃO PAULO, April 6, 2023 /PRNewswire/ -- On Thursday (6), Stone (Nasdaq: STNE) announced the arrival of Luiz André Barroso to the Board of Directors.
Building on the purpose of serving entrepreneurs with a complete technology platform, Stone takes another important step on the path to consolidate itself as a big tech without losing its startup essence.
"Many people saw Stone as a simple service aggregator, they didn't see the company in its full technological capacity.
The Brazilian Luiz André Barroso is a world reference for his contributions to computer architecture and digital systems.

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

Retrieved on:

星期二, 三月 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:

星期四, 十一月 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.

StoneCo Announces Transition in Leadership Roles - Thiago Piau to become Board Member and Pedro Zinner to become CEO

Retrieved on:

星期四, 十一月 3, 2022

Leadership, Company, Growth, Board, Solution, Risk management, CEO, Organization, BG Group, Acquisition, Rock (geology), ROE, Stonecoal Creek, Efficiency, Management, Eneva, Linx

Pedro Zinner, current Board member of StoneCo, will step-down from the Board and succeed Mr. Piau as CEO.

Key Points:

Pedro Zinner, current Board member of StoneCo, will step-down from the Board and succeed Mr. Piau as CEO.
Mr. Zinner will join Stone's executive team no later than March 31st, 2023 and will begin working closely with Mr. Piau and the management team in a transition period before taking on the CEO role.
Partner of Stone since 2013 and leading the Company since the end of 2017, Mr. Piau has conducted an important cycle of expansion and innovation.
I remain committed to Stone as a partner and board member and look forward to supporting Pedro in this new part of our journey".