https://finance.yahoo.com/news/stoneco-ltd-announces-prelimi…
2019 Q1 Prelim Detail
Active clients as of March 31, 2019 is expected to be between 305.9 thousand and 307.4 thousand,
compared to 160.7 thousand at March 31, 2018, representing a period over period growth between 90.4% and 91.3%.
Total Payment Volume (TPV) for the three months ended March 31, 2019 is expected to be between R$26.4 billion and R$26.5 billion, compared with R$16.5 billion for the three months ended March 31, 2018, representing period over period growth of approximately 60%.
Take rate for the three months ended March 31, 2019 is expected to be between 1.84% and 1.85%, compared with 1.68% for the three months ended March 31, 2018, representing a period over period growth between 16 and 17 basis points.
Total revenue and income for the three months ended March 31, 2019 is expected to be between R$530.0 million and R$533.0 million, compared with R$286.9 million for the three months ended March 31, 2018, representing a period over period growth between 84.7% and 85.8%.
Net income for the three months ended March 31, 2019 is expected to be between R$170.8 million and R$174.8 million, compared with R$24.7 million for the three months ended March 31, 2018. Net Margin in the 1Q19 is expected to be between 32.2% and 32.8%, an improvement of approximately 2,400 bps compared to the 1Q18 and approximately 800 bps compared to the 4Q18.
Adjusted net income for the three months ended March 31, 2019 is expected to be between R$180.0 million and R$184.0 million, compared with R$26.5 million for the three months ended March 31, 2018, representing a period over period growth between 579% and 594%. Adjusted Net Margin in the 1Q19 is expected to be between 34.0% and 34.5%, an improvement of approximately 2,500 bps compared to the 1Q18 and approximately 500 bps compared to the 4Q18. See below for a reconciliation of adjusted net income to net income.
Key Recent Operational Highlights
2018/Year Detail
Operating and Financial Highlights for the Fourth Quarter of 2018 and Fiscal Year 2018
Total Revenue and Income increased 113.7% year over year in the fourth quarter of 2018 and 106.0% in fiscal year 2018 compared to fiscal year 2017, reaching R$1,579.2 million in the year
Adjusted Net Income was R$155.9 million in the fourth quarter of 2018, compared to R$20.9 million in the fourth quarter of 2017, an increase of 646.3%. Adjusted Net Margin in the fourth quarter of 2018 improved 21.0 percentage points year over year to 29.5%, compared to 8.4% in the fourth quarter of 2017
In fiscal year 2018, the Company reported an Adjusted Net Income of R$342.8 million, up 659.6% from fiscal year 2017
Net Income reached R$127.1 million in 4Q18, compared to a Net Loss of R$14.3 million in 4Q17. Net Margin was 24.0%, up 29.8 percentage points versus 4Q17. In fiscal year 2018, the Company reported a Net Income of R$305.2 million, up from a Net Loss of R$105.0 million reported in fiscal year 2017
The number of active clients increased by 136.7 thousand in fiscal year 2018, reaching a total of 267.9 thousand clients at the end of the year, up 104.1% compared to 2017
The Company’s take rate reached 1.88% in the fourth quarter of 2018 compared to 1.58% in the fourth quarter of 2017, a 30 basis point increase year over year
