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Dec 31, 2024
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StoneCo Q4 2024 Earnings Report
StoneCo reported solid fourth-quarter results with double-digit revenue growth and increased profitability despite macroeconomic challenges.
Key Takeaways
StoneCo achieved strong performance in Q4 2024, with revenue up 11.1% year-over-year and adjusted net income rising 18.1%. MSMB transaction volume and retail deposits grew significantly, and the company maintained healthy margins and continued growth across key metrics.
Total revenue reached R$3.61 billion, up 11.1% year-over-year.
Adjusted net income increased 18.1% to R$665.6 million.
Adjusted basic EPS rose 25.8% to R$2.26.
Retail deposits surged 42.2% to R$8.7 billion, exceeding guidance.
StoneCo
StoneCo
StoneCo Revenue by Segment
Revenue by Segment
Financial Services Revenue
CapyFin.comSoftware Revenue
CapyFin.com Forward Guidance
StoneCo expects continued growth and market leadership expansion in 2025, focusing on scaling its financial services, banking, and credit offerings.
Positive Outlook
- Strong projected growth in retail deposits and product ecosystem expansion.
- Increased monetization of PIX volumes with upcoming PIX NFC innovation.
- Strategic focus on MSMB sector with sustained TPV growth expectations.
- Continued disciplined cost control and efficiency improvements.
- Ongoing investments in AI and technology to enhance customer experience and scale operations.
Challenges Ahead
- Anticipated challenges from higher projected long-term interest rates.
- Competitive pressures in the electronic payments market.
- Potential regulatory and taxation uncertainties in Brazil.
- Exposure to macroeconomic fluctuations impacting credit performance.
- Execution risks in scaling new financial services products.
Revenue & Expenses
Visualization of income flow from segment revenue to net income