Summary by Futu AI
Nu Holdings Ltd., operating under the ticker NU.US, has released its consolidated financial statements for the year ending December 31, 2023. The report, audited by KPMG Auditores Independentes Ltda., affirms that the financial statements present a true and fair view of the company's financial position and comply with International Financial Reporting Standards (IFRS). Nu Holdings reported a profit of $1,030,530 for the year, a significant turnaround from the previous year's loss of $364,634. The company's earnings per share (EPS) also improved, with a basic EPS of $0.2175 and a diluted EPS of $0.2121. The financial statements detail the company's assets, liabilities, equity, income, and expenses, including a comprehensive income statement, financial position statement, changes in equity, and cash flows. The report also includes notes on operations, share-based payments, and management of financial risks. Nu Holdings' CEO oversees the company's single operating and reportable segment, focusing on consolidated results for performance evaluation and resource allocation.