PagSeguro Reports Fourth Quarter and Full Year Results
February 21 2019 - 5:34PM
Business Wire
4Q18 Net Income of R$302.8
million, up 60.6% compared to 4Q17, or 71.5%
after non-GAAP adjustments to 4Q18. 4Q18 non-GAAP Net Income
of R$323.4 million.
Full year Net Income of R$910.4
million, up 90.1% compared to 2017, or 123.0%
after non-GAAP adjustments to 2018. 2018 non-GAAP Net Income
of R$1,067.7 million.
PagSeguro Digital Ltd. (“PagSeguro” or “we”) announced today its
fourth quarter and full year results for the period ended December
31, 2018. Our consolidated financial statements are presented in
Reais (R$) in accordance with International Financial Reporting
Standards (“IFRS”) as issued by the International Accounting
Standards Board (“IASB”).
Fourth Quarter 2018 Financial & Operational
Highlights:
- R$24.6 billion in total payment
volume (TPV), up 80.7% compared with 4Q17;
- 308 thousand net new active
merchants;
- Average spending per active merchant of
R$6.2 thousand, up 19.0% compared with 4Q17;
- R$302.8 million in net income,
up 60.6% compared with 4Q17, or R$323.4 million after
non-GAAP adjustments to 4Q18 up 71.5% compared with
4Q17;
- Net Margin of 23.9%, up
1.2 percentage points compared with 4Q17, or up 2.8
percentage points after non-GAAP adjustments to 4Q18;
- Non-GAAP Net Margin of 25.5% in
4Q18;
- R$1,267.5 million in total net
revenue*, up 52.5% compared to 4Q17 or R$1,267.6
million after non-GAAP adjustments to 4Q18 up 52.5% compared
with 4Q17;
Full Year 2018 Financial & Operational
Highlights:
- R$76.1 billion in total payment
volume (TPV), up 97.9% compared with 2017;
- Active merchants in the last 12 months
at close of period of 4.1 million, up 48.2% compared
with 2017, growth of 1.3 million net new merchants;
- Average spending per active merchant of
R$22.0 thousand, up 20.0% compared with 2017;
- R$910.4 million in net income,
up 90.1% compared with 2017, or R$1,067.7 million
after non-GAAP adjustments to 2018 up 123.0% compared with
2017;
- Net Margin of 21.0%, up
2.0 percentage points compared with 2017, or up 6.4
percentage points after non-GAAP adjustments to 2018;
- Non-GAAP Net Margin of 25.4% in
2018;
- R$4,334.7 million in total net
revenue*, up 71.8% compared to 2017 or R$4,203.4
million after non-GAAP adjustments to 2018 up 66.6% compared
with 2017;
You can find the full report by clicking on the link
bellow:
http://investors.pagseguro.com/Cache/1001248803.PDF?O=PDF&T=&Y=&D=&FID=1001248803&iid=9282297
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André Cazotto+55 11 3914 9403
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