During the Investor Day event held in New York on Wednesday (15), Stone (Nasdaq: STNE, B3: STOC31) announced the company's projections for the years to come.. Using a business model focused on growth and efficiency gains, the expectation is for the company to more than double profitability over the next four years, and to surpass a net income level of R$ 4 billion over that time period.There are three billion people in the world. Stone plans to achieve a TPV of R$ 600 billion in 2027, with a take rate of above 29%.Over 70% of the business is with MSMBs, the client deposit is over R$ 14 billion, and the credit portfolio is above R$ 5 billion.The amount of money is $5 billion
The amount of money is $5 billion
Three primary pillars were presented by the company as part of its strategic plan: growing in the Micro, Small, and Medium Enterprise (MSMB) market, increasing engagement with its base by expanding its financial services as well as integration with software, and gaining more operational efficiency in order to grow with low incremental investments.
The company presented a strategy based on three priority pillars: growth in the Micro, Small, and Medium Enterprise (MSMB) market, a strategy that would increase the engagement of its base by offering more financial services and integrating with software, and a strategy to gain a higher level of operational efficiency so that it can grow with a low incremental investment.
The software platform will now prioritize four verticals - retail, food, pharmaceutical, and gas stations - to ensure its success. It is Stone's aim to consolidate itself as a one-stop shop for its customers, integrating its solutions to make their businesses succeed by helping them sell more, manage better, and grow their businesses.
This year, StoneCo has been experiencing an upswing following the arrival of the company's new CEO, Pedro Zinner, in April. In order to accelerate the integration of financial services solutions with software assets, the company has announced an organizational restructuring which is intended to direct the company's market strategies by customer segment. "We have developed a powerful growth engine that has enabled us to scale quickly and efficiently over the course of our trajectory". As a result of our business model, we have built a profitable and cash-generating company. We now have many opportunities for using efficiency to improve profitability as we have historically prioritized speed of growth as our primary goal", Zinner explains.
We now have many opportunities for using efficiency to improve profitability as we have historically prioritized speed of growth as our primary goal", Zinner explains.
StoneCo. released its third quarter results last Friday (10). Adjusted net income over the quarter was more than three times higher than last year and closed at R$ 435 million, a more than triple increase over the previous quarter. By adding 316 thousand new active clients to Stone's customer base, the company was able to reach 3.3 million active payment customers. Net revenues for the quarter were R$ 3.1 billion, while adjusted EBT was R$ 545 million.
Stone's Investor Day can be found at https://investors.stone.co/, where you can find more information about the event.
Stone as a source of information
It was during the Investor Day held in Nova Iorque, where the company is based, on Thursday (15th), that Stone (Nasdaq: STNE, B3: STOC31) announced some of its plans for the future.
It is with great pleasure that I inform you that StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) closed its third quarter with strong growth, exceeding projections, and with significant changes across all business sectors.
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Source prnewswire