PagSeguro Digital Ltd. demonstrated resilience in the face of a challenging macroeconomic environment, achieving solid growth with a 14% increase in net revenue while maintaining profitability and expanding its client base.
- Total net revenue reached BRL 3.4 billion, marking a 14% increase year over year, driven by strong operational execution.
- The client base grew to 33.7 million, adding 1.6 million clients over the past year, with active banking clients rising by 2%.
- Total deposits increased by 15% year over year to BRL 39.4 billion, alongside a sixth consecutive quarter of reduced funding costs.
- Non-GAAP net income remained flat year on year, while GAAP diluted EPS rose by 1.814%, supported by disciplined cost management.
- The company returned BRL 2 billion to shareholders through dividends and share repurchases, underscoring a strong capital allocation strategy.
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