Latest news with #grossprofits
Zawya
31-07-2025
- Business
- Zawya
UAE: Multiply Group's revenues hike to over $272mln in H1-25
Abu Dhabi: The gross profits of Multiply Group increased to AED 509.04 million in the first half (H1) of 2025 from AED 324.62 million in H1-24. Revenue stood at AED 1.02 billion in H1-25, an annual surge from AED 690.70 million, according to the financial results. Basic and diluted earnings per share (EPS) amounted to AED 0.057 in the first six months (6M) of 2025. Financials for Q2 In the second quarter (Q2) of 2025, the gross profits jumped to AED 260.53 million from AED 159.50 million in Q2-24. The revenues hiked to AED 503.31 million in Q2-25 from AED 361.34 million in April-June 2024. In June 2025, Multiply Group agreed to monetize its 100% stake in PAL Cooling Holding for approximately AED 3.80 billion, selling to a consortium led by Tabreed and CVC DIF. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
Yahoo
10-05-2025
- Business
- Yahoo
StoneCo Ltd (STNE) Q1 2025 Earnings Call Highlights: Surpassing Growth Expectations and ...
Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. StoneCo Ltd (NASDAQ:STNE) reported a 19% year-over-year growth in gross profits, surpassing their guidance of 14%. The company achieved a 36% year-over-year growth in EPS, significantly exceeding the 18% growth outlined in their four-year outlook. StoneCo Ltd (NASDAQ:STNE) repurchased 843 million hives or 15.1 million shares during the quarter, demonstrating strong shareholder returns. The company's MSNB payments active client base increased by 17% year over year, indicating strong client engagement. StoneCo Ltd (NASDAQ:STNE) announced a new share repurchase program of up to 2 billion highs, reinforcing their commitment to returning excess capital to shareholders. Adjusted net income decreased by 17% quarter over quarter, primarily due to lower adjusted gross profit and higher investments in distribution channels. The company expects some deceleration in volume growth due to changes in repricing policy, prioritizing profitability over pure volume growth. There was a sequential decrease of 0.9 billion reiss in the adjusted net cash position, reflecting ongoing share repurchases and investments in credit growth. StoneCo Ltd (NASDAQ:STNE) faces a challenging macroeconomic environment with higher interest rates impacting their operations. The company is experiencing some churn due to repricing efforts, which could modestly impact TPV growth in the short term. Warning! GuruFocus has detected 5 Warning Signs with STNE. Q: How do you view the outlook for TPV growth, considering the current trends in card and PIX TPV growth? A: (Lea Mattos, Strategy and Marketing Officer) Our long-term guidance already implies some deceleration in TPV growth, with a 14% CAGR expected by 2027. The repricing efforts in response to higher interest rates have performed well, but some churn is inevitable, which will modestly impact TPV growth in the short term. PIX continues to cannibalize debit volumes, which is consistent with industry trends. For key accounts, our strategy remains focused on MSMB clients, with large enterprise clients served on an opportunistic basis. Q: Can you provide any updates on the negotiations with TOTIS regarding the sale of Linx? A: (Pedro Zinner, CEO) We have entered into an exclusivity agreement with TOTIS to negotiate the sale of Linx. While negotiations are progressing positively, the complexity of the transaction means it's challenging to specify an exact timeline for reaching a final agreement. If the sale proceeds, we would likely continue with share buybacks as a use of capital, given the attractive returns. Q: With the yield curve tightening, will you consider passing on benefits to clients through price adjustments? A: (Matteo Sheer, CFO) No, we do not plan to change our pricing policy due to recent yield curve movements. Our repricing wave targeted a yield curve of around 15%, which is close to current levels. Our focus remains on maintaining a healthy pricing policy and prioritizing profitability over growth at any cost. Q: How do you view the competitive landscape, especially with players like Mercado Pago and the entry of Fiserv in Brazil? A: (Lea Mattos, Strategy and Marketing Officer) We monitor competitive dynamics closely. While some players replicate our distribution strategy, our focus is on evolving our model using technology and data to address growth opportunities. We are also enhancing our product offerings to meet client needs, which differentiates us in the market. Q: Can you elaborate on your credit strategy and how it differentiates from competitors? A: (Lea Mattos, Strategy and Marketing Officer) Our credit strategy focuses on longer-duration working capital loans for larger SMBs and shorter-duration credit solutions for micro clients. We are investing in credit specialist distribution to make tailored offers. Our product experience, which aligns repayments with sales, is a key differentiator. We remain optimistic about our long-term growth in this area. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
