StoneCo delivered robust financial results in 2024, with adjusted net income reaching R$2.2 billion, up 41.3% YoY and exceeding guidance of R$1.9 billion. Total revenue grew 10% to R$13.3 billion, while MSMB TPV increased 22% to R$454 billion. The company maintained strong profitability with adjusted EBT margin expanding to 20.6%.The company recognized a R$3.6 billion impairment charge for its software business unit, reflecting a strategic shift as cross-selling success was achieved primarily through financial services channels rather than software ones. Despite this non-cash charge, the core financial services segment demonstrated solid performance with ROE improving to 27%.Looking ahead, StoneCo maintains a strong financial position with R$4.7 billion in adjusted net cash. The company plans to return over R$3 billion in excess capital to shareholders over time while continuing to invest in growth opportunities. Management expects a challenging 2025 environment due to projected higher long-term interest rates but remains confident in their competitive positioning and long-term value creation strategy.

StoneCo delivered robust financial results in 2024, with adjusted net income reaching R$2.2 billion, up 41.3% YoY and exceeding guidance of R$1.9 billion. Total revenue grew 10% to R$13.3 billion, while MSMB TPV increased 22% to R$454 billion. The company maintained strong profitability with adjusted EBT margin expanding to 20.6%.The company recognized a R$3.6 billion impairment charge for its software business unit, reflecting a strategic shift as cross-selling success was achieved primarily through financial services channels rather than software ones. Despite this non-cash charge, the core financial services segment demonstrated solid performance with ROE improving to 27%.Looking ahead, StoneCo maintains a strong financial position with R$4.7 billion in adjusted net cash. The company plans to return over R$3 billion in excess capital to shareholders over time while continuing to invest in growth opportunities. Management expects a challenging 2025 environment due to projected higher long-term interest rates but remains confident in their competitive positioning and long-term value creation strategy.