Stone delivers a consistent quarter with adjusted net income of R$450 million, a 90% growth compared to the same time last year
StoneCo(STNE) Prnewswire·2024-05-14 06:46
Financial services revenue reached R$ 2.7 billion in 1Q24, 16% higher than the previous year, with Total Processed Volume (TPV) of SME (small and medium-sized enterprises) clients growing by 24% year over year, including PIX P2M processed volume. The segment showed a 15 bps increase in take rate year over year, resulting from significant contributions from all our financial platform solutions. The SME customer base grew by 33% on an annual basis, reaching 3.7 million active customers. In the first quarter o ...