PagSeguro Reports Fourth Quarter and Full Year Results
4Q17 Net Income reached R$188.9 million, up 391% yoy, and Full year net income reached R$478.8 million, up 276% yoy
March 08, 2018 08:50 PM Eastern Standard Time
SÃO PAULO--(BUSINESS WIRE)--PagSeguro Digital Ltd. (the “Company”) announced today its fourth quarter and full year results for the period ended December 31, 2017. The Company´s consolidated financial statements are presented in Reais (R$), unless otherwise indicated, in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).
Fourth Quarter 2017 Financial & Operational Highlights:
R$13.6 billion in total payment volume (TPV), up 183.4% year-on-year
Active merchants in the last 12 months of 2.8 million, up 97.8% year-on-year, with growth of 1.4 million net new merchants
R$831.0 million in total net revenue*, up 118.1% year-on-year
R$188.9 million in net income, up 390.6% year-on-year
Net Margin of 22.7%, up 12.6 percentage points year-on-year
Full Year 2017 Financial & Operational Highlights:
R$38.5 billion in total payment volume (TPV), up 173.2% year-on-year
R$2.5 billion in total net revenue*, up 121.7% year-on-year
R$478.8 million in net income, up 276.4% year-on-year
Net Margin of 19.0%, up 7.8 percentage points year-on-year
PagSeguro Reports Fourth Quarter and Full Year Results | Business Wire
