Stone delivers a consistent quarter with adjusted net income of R$450 million, a 90% growth compared to the same time last year

Adjusted EBT of R$ 568 million had a 75% increase compared to the same quarter of 2023
Total Payment Volume (TPV) of SMEs had an annual growth of 24%, considering also PIX transactions

SÃO PAULO, May 13, 2024 /PRNewswire/ — StoneCo Ltd. (NASDAQ:STNE, B3: STOC31)) reported adjusted net income of R$ 450 million in the first quarter, a 90% increase over the same time last year. The company’s total revenue reached R$ 3.1 billion, a 14% year-over-year growth. Adjusted net cash was R$ 5.1 billion, an increase of R$ 87 million in the quarter and R$ 1.2 billion in the year. The adjusted EBT of …

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