Financials StoneCo Ltd.

Equities

STNE

KYG851581069

Financial Technology (Fintech)

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-21 pm EST			5-day change	1st Jan Change
8.440 ^USD	-1.40%		+2.55%	+5.90%

Jan. 16	StoneCo Shares Fall After Citigroup Downgrade	MT
Jan. 16	Citigroup Downgrades StoneCo to Neutral From Buy, Adjusts Price Target to $9 From $19	MT

Projected Income Statement: StoneCo Ltd.

income-statement-evolution-chart STONECO-LTD

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	2,576	3,320	4,824	9,589	12,055	13,373	15,113	16,384
Change	-	28.87%	45.3%	98.78%	25.72%	10.93%	13.01%	8.41%
EBITDA ¹	1,480	1,590	1,517	4,300	5,959	7,150	8,298	8,492
Change	-	7.46%	-4.58%	183.43%	38.57%	19.99%	16.06%	2.34%
EBIT ¹	1,316	1,334	1,010	3,500	5,081	6,177	7,299	7,427
Change	-	1.33%	-24.29%	246.59%	45.16%	21.58%	18.17%	1.74%
Interest Paid ¹	-353.5	-339.8	-1,269	-3,534	-4,000	-3,688	-4,369	-4,756
Earnings before Tax (EBT) ¹	1,091	1,128	-1,446	-387.3	1,971	2,477	2,818	3,203
Change	-	3.39%	-	-73.21%	-	25.7%	13.77%	13.65%
Net income ¹	804.2	837.4	-1,377	-526.4	1,600	2,004	2,230	2,564
Change	-	4.13%	-	-61.78%	-	25.24%	11.25%	14.98%
Announcement Date	3/2/20	3/11/21	3/17/22	3/14/23	3/18/24	-	-	-

¹BRL in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	782.9	716.8	667.4	934.3	1,001	867.7	613.4	1,470	1,873	2,070	2,304	2,508	2,706	2,712	2,955	3,140	3,249	3,085	3,206	3,357	3,603	3,497	3,666	3,722	3,891	4,010	4,194	4,126
Change	-	-8.44%	-6.89%	39.99%	7.18%	-13.35%	-29.31%	139.58%	27.45%	10.53%	11.29%	8.85%	7.9%	0.21%	8.96%	6.26%	3.47%	-5.04%	3.92%	4.72%	7.33%	-2.95%	4.83%	1.53%	4.55%	3.05%	4.59%	-1.62%
EBITDA ¹	472	400.8	254.2	471.3	463.8	391.4	44.7	473.3	684.7	817.3	1,057	1,154	1,272	1,251	1,499	1,590	1,618	1,512	1,587	1,700	2,019	1,971	2,102	2,158	2,139	-	-	-
Change	-	-15.08%	-36.58%	85.41%	-1.59%	-15.61%	-88.58%	958.84%	44.67%	19.37%	29.38%	9.11%	10.25%	-1.62%	19.77%	6.11%	1.75%	-6.57%	4.97%	7.14%	18.75%	-2.38%	6.66%	2.66%	-0.9%	-100%	-	-
EBIT ¹	416.3	340.6	191	409.7	392.4	307	1,459	259.3	573.1	632.4	860.5	949.9	1,057	1,039	1,277	1,367	1,397	1,295	1,363	1,437	1,783	1,720	1,840	1,889	1,883	-	-	-
Change	-	-18.18%	-43.92%	114.5%	-4.22%	-21.76%	375.15%	-82.22%	121.02%	10.35%	36.07%	10.39%	11.3%	-1.73%	22.93%	7.07%	2.19%	-7.34%	5.28%	5.41%	24.11%	-3.55%	7.01%	2.65%	-0.3%	-100%	-	-
Charge d'intérêts ¹	-106.9	-148.4	-62.6	-64.69	-64.2	-92.5	-157.6	-330.7	-688.2	-708.2	-954.7	-940.3	-930.5	-	-1,074	-1,059	-943.1	-896.5	-851.1	-910.5	-1,088	-1,073	-1,156	-1,166	-1,237	-1,156	-1,188	-1,166
Earnings before Tax (EBT) ¹	362.6	227.9	159.8	371.5	368.4	210	582.6	-1,428	-810.4	-289.8	-483.4	246.5	139.4	306.8	422.3	503.5	738.2	484	651.7	669.9	664	647	647	656	732	842	909	895
Change	-	-37.15%	-29.88%	132.48%	-0.83%	-43%	177.43%	-	-43.24%	-64.24%	66.8%	-	-43.45%	120.09%	37.65%	19.23%	46.61%	-34.44%	34.65%	2.8%	-0.89%	-2.55%	0%	1.39%	11.59%	15.03%	7.96%	-1.54%
Net income ¹	264	158.6	123.6	249.1	306.1	158.3	526	-1,260	-801.5	-313	-489.3	197.1	78.8	225.7	307.2	411.3	656.2	373.6	498.3	539.7	543	490.4	517.8	534.8	576.6	649	700	689
Change	-	-39.92%	-22.07%	101.54%	22.88%	-48.28%	232.28%	-	-36.4%	-60.95%	56.33%	-	-60.02%	186.42%	36.11%	33.89%	59.54%	-43.07%	33.38%	8.31%	0.61%	-9.68%	5.6%	3.28%	7.81%	12.55%	7.86%	-1.57%
Announcement Date	3/2/20	5/26/20	8/11/20	10/29/20	3/11/21	6/1/21	8/30/21	11/16/21	3/17/22	6/2/22	8/18/22	11/17/22	3/14/23	5/17/23	8/16/23	11/10/23	3/18/24	5/13/24	8/14/24	11/12/24	-	-	-	-	-	-	-	-

¹BRL in Million

Estimates

Forecast Balance Sheet: StoneCo Ltd.

balance-sheet-analysis-chart STONECO-LTD

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	2,841	-4,492	1,874	585	3,343	2,042	1,749	1,896
Change	-	-258.11%	-58.28%	-68.78%	471.45%	-38.91%	-14.35%	8.4%
Announcement Date	3/2/20	3/11/21	3/17/22	3/14/23	3/18/24	-	-	-

¹BRL in Million

Estimates

Cash Flow Forecast: StoneCo Ltd.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	333.6	372.1	1,083	417.7	1,210	1,237	1,287	1,276
Change	-	11.55%	191.05%	-61.43%	189.73%	2.22%	4.04%	-0.9%
Free Cash Flow (FCF) ¹	-2,985	-398.6	2,308	960.4	437.4	-	-	-
Change	-	-86.65%	-679.08%	-58.39%	-54.46%	-100%	-	-
Announcement Date	3/2/20	3/11/21	3/17/22	3/14/23	3/18/24	-	-	-

¹BRL in Million

Estimates

Forecast Financial Ratios: StoneCo Ltd.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	57.44%	47.89%	31.45%	44.85%	49.43%	53.47%	54.91%	51.83%
EBIT Margin (%)	51.09%	40.17%	20.93%	36.5%	42.15%	46.19%	48.3%	45.33%
EBT Margin (%)	42.34%	33.97%	-29.97%	-4.04%	16.35%	18.52%	18.65%	19.55%
Net margin (%)	31.22%	25.22%	-28.55%	-5.49%	13.28%	14.99%	14.75%	15.65%
FCF margin (%)	-115.89%	-12.01%	47.85%	10.02%	3.63%	-	-	-
FCF / Net Income (%)	-371.22%	-47.6%	-167.59%	-182.45%	27.33%	-	-	-
Profitability
ROA	4.89%	3.26%	0.55%	1.25%	3.43%	3.91%	9.46%	3.75%
ROE	14.54%	8.04%	1.43%	3.98%	10.84%	13.59%	13.09%	12.94%
Financial Health
Leverage (Debt/EBITDA)	1.92x	-	1.23x	0.14x	0.56x	0.29x	0.21x	0.22x
Debt / Free cash flow	-0.95x	-	0.81x	0.61x	7.64x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	12.95%	11.21%	22.45%	4.36%	10.04%	9.25%	8.52%	7.79%
CAPEX / EBITDA (%)	22.54%	23.4%	71.38%	9.71%	20.31%	17.3%	15.51%	15.02%
CAPEX / FCF (%)	-11.17%	-93.35%	46.92%	43.49%	276.7%	-	-	-
Items per share
Cash flow per share ¹	-9.398	0.1924	3.511	0.791	5.16	10.44	9.137	5.523
Change	-	-102.05%	1,724.74%	-77.47%	552.39%	102.35%	-12.49%	-39.56%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	21.53	51.34	43.74	41.34	45.79	52.37	60.06	67.93
Change	-	138.44%	-14.8%	-5.49%	10.77%	14.35%	14.69%	13.1%
EPS ¹	2.85	2.91	-4.4	-1.67	5.09	6.56	7.422	8.566
Change	-	2.11%	-251.2%	-62.05%	-404.79%	28.88%	13.15%	15.41%
Nbr of stocks (in thousands)	277,367	308,724	308,931	312,613	308,463	296,775	296,775	296,775
Announcement Date	3/2/20	3/11/21	3/17/22	3/14/23	3/18/24	-	-	-