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

March 18, 2024

https://www.prnewswire.com/news-releases/stone-closed-the-last-quarter-of-2023-with-adjusted-net-profit-of-r564-million-an-increase-of-177-compared-to-4q22-302092121.html

SÃO PAULO, March 18, 2024 /PRNewswire/ — StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) reported growth year-over-year of 20.1% in total revenue, reaching R$3.2 billions in 4Q23, with adjusted EBT of R$638 millions, 17.2% higher than 4Q22, with adjusted EBT margin increasing 2,3 p.p sequentially, to 19.6%. The result is mainly attributed to the growth of consolidated revenue, with lower financial expenses

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