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Financial statements

StoneCo Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data StoneCo Ltd. files with the SEC in its annual reports.

In BRL millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2022FY2024
Cost of revenue1332243234277701,7142,6702,9833,389
Selling and marketing49.5921903615061,0131,5111,6982,105
General and administrative1061752532863928131,1211,1891,130
Interest expense2452373013533401,2693,5153,9993,694
Interest income2474128011,2881,6471,8784,6386,2297,676
Pre-tax income-149-95.74421,0911,128-1,446-3871,971-1,018
Income tax279.3137286290-68.2139370489
Net income to minority interests-2.363.7640.96-16.6-18.5-6.988.368.17
Net income-120-109301803854-1,359-5191,592-1,515
EPS, basic-0.61-0.491.302.902.95-4.40-1.675.09-5.02
EPS, diluted-0.61-0.491.292.852.91-4.40-1.674.74-5.02

Balance sheet

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2022FY2024
Cash and equivalents1716422989682,4474,4961,5132,1765,228
Short-term investments2022,7712,9378,1281,9933,4543,481518
Other current assets365381
Total current assets6,00012,43818,40529,27529,94430,65937,15345,965
Property, plant and equipment93.41902665497171,5701,6411,6621,834
Total assets6,63613,29319,60631,74942,09742,24548,69454,813
Short-term debt16.97622,9121,5345,8624,3763,9718,496
Total current liabilities3,8246,05511,87313,38022,79025,17428,83133,534
Total liabilities6,1538,20013,63316,75728,47029,29534,01842,986
Total debt40.82,0822,8376,7466,0848,3625,5515,519
Retained earnings-503-2026011,45596.2-4231,169-346
Shareholders' equity4675,0935,97214,85313,53612,89414,62211,776
Minority interests15.2-0.330.6313990.856.153.751.3
Total equity5874835,0935,97314,99213,62712,95014,67611,827
Total liabilities and equity6,63613,29319,60631,74942,09742,24548,69454,813

Cash flow statement

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2022FY2024
Net income-122-105305804837-1,377-5261,600-1,507
Depreciation and amortization4357.292.3163256507800
Cash from operations-493-1,284-2,416-2,65256.53,6071,6841,648-3,621
Capital expenditures-31.6-141-141-334-372-1,083-418-736-764
Cash from investing190-300-2,737-438-5,809-2,977-1,871-8451,587
Debt issued0.957472,9593,99711,7003,5005,182
Debt repaid-96.5-11.7-3.67-802-5,381-7,252-5,010-4,490
Stock issued4855294,22907,83300
Share buybacks-281-142-0.09-76.4-9890-293-1,587
Dividends paid0-0-0.9-2.97-3.6-5.98-10.5
Cash from financing3782,0534,7953,7587,2161,419-2,810-1495,041
Exchange rate effect12.61.513.81.8115-0.4914.510.344.5
Net change in cash87.1471-3446701,4792,049-2,9836643,051
Free cash flow-525-1,425-2,556-2,985-3162,5241,266911-4,386
Interest paid7.3547.5141268178300430749782

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-11.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-2.9%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-195.2%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-205.9%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-319.8%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-581.2%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-19.5%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-4.5%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y14.5%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y12.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y9.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y22.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.37xCurrent assets / current liabilities.
Quick ratio0.17x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.17x(Cash + short-term investments) / current liabilities.
Liabilities / assets78.4%Total liabilities / total assets.
Working capitalR$12.43BCurrent assets - current liabilities.
Tangible book valueR$11.78BShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-R$5.02Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-R$5.02Net income per basic share, as reported (split-adjusted).
Was StoneCo Ltd. profitable in fiscal 2024?

No. It reported a net loss of R$1.52B.

How much free cash flow did StoneCo Ltd. generate in fiscal 2024?

Cash from operations of R$3.62B minus capital expenditures of R$764.5M left free cash flow of -R$4.39B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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