Summary by Futu AI
StoneCo Ltd., a leading provider of financial technology solutions in Brazil, filed its Form 6-K with the United States Securities and Exchange Commission for the month of May 2024. The report, signed by Chief Financial Officer Mateus Scherer Schwening on May 13, 2024, includes unaudited interim condensed consolidated financial statements for the three months ended March 31, 2024. The financial statements reveal a net income of R$ 373,595 for the period, an increase from R$ 225,690 in the same period of the previous year. The company's total assets stood at R$ 51,612,385 as of March 31, 2024, compared to R$ 48,693,561 at the end of 2023. StoneCo's shares are traded on Nasdaq under the ticker symbol STNE, and its Brazilian Depositary Receipts are traded on the B3 under the ticker symbol STOC31. The report also includes detailed information on the company's financial position, results of operations, and cash flows, as well as notes on its accounting policies, tax matters, and segment information.