StoneCo Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was BRL 3,248.7 million compared to BRL 2,706.1 million a year ago. Net income was BRL 656.2 million compared to BRL 78.8 million a year ago. Basic earnings per share from continuing operations was BRL 2.1 compared to BRL 0.25 a year ago.
For the full year, revenue was BRL 12,055 million compared to BRL 9,588.9 million a year ago. Net income was BRL 1,600.4 million compared to net loss of BRL 526.4 million a year ago. Basic earnings per share from continuing operations was BRL 5.09 compared to basic loss per share from continuing operations of BRL 1.67 a year ago.