StoneCo’s Announces Short and Mid-Long Term Guidance
15 Noviembre 2023 - 10:33AM
StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”)
announces short and mid long-term guidance for the years of 2024
and 2027 for key financial and operational metrics, as follows:
|
2024 |
2027 |
CAGR '24-'27 |
MSMB TPV [R$ bn] |
> 412 |
> 600 |
13% |
Client Deposits [R$ bn] |
> 7.0 |
> 14.0 |
26% |
Credit Portfolio [R$ bn] |
> 0.8 |
> 5.5 |
90% |
MSMB Take Rate [%] |
> 2.49% |
> 2.70% |
- |
Adj. Net Income [R$ bn] |
> 1.9 |
> 4.3 |
31% |
Adm. Expenses [Adj. R$ bn] |
< 1.125 |
< 1.450 |
8.8% |
|
This press release presents non-IFRS financial
information including adjusted net income and adjusted
administrative expenses. These are important financial measures for
the Company but are not financial measures as defined by IFRS.
Reconciliations of the Company’s non-IFRS financial information to
the IFRS financial information appear in today’s press release.
Finally, before we begin our formal remarks, I
would like to remind everyone that today’s discussion may include
forward-looking statements. These forward-looking statements are
not guarantees of future performance and therefore you should not
put undue reliance on them. These statements are subject to
numerous risks and uncertainties that could cause actual results to
differ materially from the Company’s expectations. Please refer to
the forward-looking statements disclosure in the Company’s earnings
press release.
In addition, many of the risks regarding the
business are disclosed in the Company’s Form 20-F filed with the
Securities and Exchange Commission, which is available at
www.SEC.gov.
About StoneCo
StoneCo is a leading provider of financial technology and
software solutions that empower merchants to conduct commerce
seamlessly across multiple channels and help them grow their
businesses.
Forward-Looking Statements
This press release contains "forward-looking
statements" within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are made as of the date they were first
issued and were based on current expectations, estimates, forecasts
and projections as well as the beliefs and assumptions of
management. These statements identify prospective information and
may include words such as “believe,” “may,” “will,” “aim,”
“estimate,” “continue,” “anticipate,” “intend,” “expect,”
“forecast,” “plan,” “predict,” “project,” “potential,”
“aspiration,” “objectives,” “should,” “purpose,” “belief,” and
similar, or variations of, or the negative of such words and
expressions, although not all forward-looking statements contain
these identifying words.
Forward-looking statements are subject to a
number of risks and uncertainties, many of which involve factors or
circumstances that are beyond Stone’s control.
Stone’s actual results could differ materially
from those stated or implied in forward-looking statements due to a
number of factors, including but not limited to: more intense
competition than expected, lower addition of new clients,
regulatory measures, more investments in our business than
expected, and our inability to execute successfully upon our
strategic initiatives, among other factors.
Contact:Investor
Relationsinvestors@stone.co
StoneCo (NASDAQ:STNE)
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De Abr 2024 a May 2024
StoneCo (NASDAQ:STNE)
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De May 2023 a May 2024