PagSeguro Digital : Reports Fourth Quarter and Full Year Results
February 22, 2019 at 04:05 am IST
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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”).
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:
PagSeguro Digital Ltd. is a disruptive provider of financial technology solutions focused primarily on consumers, individual entrepreneurs, micro-merchants, small companies, and medium-sized companies in Brazil. Its end-to-end digital ecosystem enables its merchants not only to accept payments, but also to grow and manage their businesses. It offers a two-sided ecosystem, providing banking and payments experience through a single interface, with one app, one platform and one customer support. Its digital banking ecosystem features its free PagBank digital account, under the brand PagBank, and offers about 40 cash-in methods and 13 cash-out options. Focusing primarily on individual entrepreneurs, micro-merchants, and small and medium-sized enterprises (SMEs), the Company offer a range of POS and mPOS devices specifically designed to fit their business needs. The Companyâs end-to-end payments ecosystem enables its customers to accept a range of online and in-person payment methods.