PagSeguro Digital (NYSE:PAGS) Full Year 2024 Results

Key Financial Results

• Revenue: R$18.3b (up 17% from FY 2023).
• Net income: R$2.12b (up 28% from FY 2023).
• Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: R$6.70 (up from R$5.14 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PagSeguro Digital EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%.

The primary driver behind last 12 months revenue was the Brazil segment contributing a total revenue of R$9.05b (49% of total revenue). Notably, cost of sales worth R$9.54b amounted to 52% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling R$3.84b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how PAGS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for PagSeguro Digital that you should be aware of.

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