PagSeguro Digital Ltd. (PAGS) Q4 2024 Earnings Call Transcript


PagSeguro Digital Ltd. (NYSE:PAGS) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET

Company Participants

Gustavo Sechin – Head, Investor Relations
Ricardo Dutra – Principal Executive Officer
Alexandre Magnani – Chief Executive Officer
Artur Schunck – Chief Financial Officer

Conference Call Participants

Hasan Shirazi – Citi
Beatriz Abreu – Goldman Sachs
Antonio Ruette – Bank of America
Ricardo Buchpiguel – BTG Pactual
William Barranjard – Itau BBA
Renato Meloni – Autonomous Research
Maria Guedes – Safra
Camila Azevedo – UBS

Operator

Good evening. My name is Olgere, and I will be your conference operator today. Welcome to PagSeguro Digital’s Earnings Call for the Fourth Quarter of 2024. The slides presentation for today’s webcast is available on PagSeguro Digital’s Investor Relations website at investors.pagbank.com. Please refer to the forward-looking statement and reconciliation disclosure in this presentation and in the company’s earnings release appendix. [Operator Instructions] Today’s conference is being recorded and will be available on the company’s IR website after the event has been concluded.

I would now like to turn the call over to Gustavo Sechin, Head of IR. Please go ahead, sir.

Gustavo Sechin

Hi, everyone. I’m Gustavo Sechin, Head of Investor Relations of PagBank. I would like to welcome and thank you for joining us for our fourth quarter 2024 earnings call. Tonight, I am accompanied by Ricardo Dutra, our Principal Executive Officer; Alexandre Magnani, our CEO; and Artur Schunck, our CFO.

With that, I would like to turn it over to Dutra, who will begin today’s presentation. Please, Dutra.

Ricardo Dutra

Hello, everyone, and thanks for joining our fourth quarter 2024 earnings call. I begin with Slide 4, where we present our key operational and financial highlights. PagBank had another year with all-time high performance, combining growth with profitability. We ended the year with 33.2 million clients, growing 2.1 million year-over-year. The financial performance



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