After US stock market trading on February 22, US Eastern time, Brazilian Digital Bank$Nu Holdings (NU.US) $The fourth quarter and full year results of 2021 are announced. The company's Q4 revenue was $635.9 million, up 214.0 per cent on a year-on-year basis and 224.3 per cent on a foreign exchange neutral basis (FX neutral basis), according to the financial report.

The average monthly revenue per active customer (ARPAC) was US $5.60, an increase of 71.8 per cent on a year-on-year basis on a foreign exchange neutral basis.

5.8 million new customers were added in the fourth quarter, and the total number of customers reached a record 53.9 million, an increase of 61.9 percent from the end of 2020. The SME customer base nearly tripled during 2021, from 500000 as of December 31, 2020 to 1.4 million as of December 31, 2021.

The activity rate increased to 76.3% from 65.6% as of December 31, 2020.

Trading volume was $14.3 billion, up 88.2 per cent year-on-year and 95.9 per cent on a year-on-year basis on a foreign exchange neutral basis.

The net loss was $66.2 million, 38.2% lower than the same period last year, and 36.2% on a year-on-year basis on a foreign exchange neutral basis. The adjusted net profit was $3.2 million, compared with $15.8 million in the same period last year.

In terms of full-year results, revenue was US $1.7 billion, up 130.4 per cent year-on-year and 138.0 per cent on a year-on-year basis on a foreign exchange neutral basis (FX neutral basis).

The net loss was $165.3 million, 3.6% lower than the same period last year, and 0.4% on a foreign exchange neutral basis; the adjusted net profit was $6.6 million, compared with a net loss of $26.8 million in the same period last year.

The annual trading volume was US $43.8 billion, an increase of 94.7 per cent over the same period last year and 101.8 per cent on a year-on-year basis on a foreign exchange neutral basis.

As of December 31, 2021, customer deposits were US $9.7 billion, an increase of 73.2% over the same period last year and 86.5% on a foreign exchange neutral basis, while the interest income portfolio was US $2 billion, up 317.5% year on year and 343.5% on a foreign exchange neutral basis.

After the announcement, the company's shares rose more than 8% to $9.55 in after-hours trading.