StoneCo reported a strong fourth quarter for 2024, with adjusted net profit reaching BRL 665.6 million, surpassing analyst estimates and marking an 18% increase year-over-year. Total revenue and income for the quarter stood at BRL 3.6 billion, growing 11% year-over-year, driven by active client base growth and higher monetization.
The company's adjusted basic EPS grew 26% year-over-year, reflecting improved profitability and the impact of share repurchases. Operational highlights included a 19% year-over-year increase in the MSMB payments active client base to 4.1 million, and a 21% rise in MSMB TPV.
StoneCo also provided optimistic guidance for 2025, projecting adjusted gross profit to exceed BRL 7.05 billion and adjusted basic EPS to be above BRL 8.6 per share. The financial services segment achieved a 27% Return on Equity in 2024, demonstrating strong capital efficiency.
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