STNE

This morning STNE reported some preliminary Q1 numbers. It also released about 18M shares from selling shareholders. Active clients grew between 90.4-91.3%. Total payment volumes were up about 60%. Adjust net income rose 579-594%.

Rob

8 Likes

Their Q1 2019 Rev growth has decelerated from >100% in 2018 to 85% this qtr. On the other hand, net margin exploded from <20% in 2018 to 32% this qtr. Waiting to see what are the drivers.

3 Likes

Their Q1 2019 Rev growth has decelerated from >100% in 2018 to 85% this qtr. On the other hand, net margin exploded from <20% in 2018 to 32% this qtr.

Would think that STNE’s 4th Q would usually be their strongest? Some seasonality at play I suspect.

Rob

2 Likes