XP Inc.
XP Inc. provides financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial, and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits; product…
Financial - Capital Markets
BR, São Paulo [HQ]
XP/Financial Reporting
Income Statements
8 Sheets · Starting from 2023In Million BRL. Margins, Growth Rates In %
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 763.00 | 1,422.00 | 2,280.00 | 3,596.00 | 5,016.00 | 6,196.00 | 6,508.00 | 15,057.00 | |
|
EPS
|
0.44 | 0.75 | 0.84 | 2.11 | 3.76 | 6.42 | 6.44 | 7.22 | |
| Diluted in mil. | 0.44 | 0.75 | 0.84 | 2.11 | 3.71 | 6.26 | 6.25 | 7.16 | |
|
Profit
|
313.00 | 274.00 | 1,113.00 | 1,990.00 | 2,371.00 | 2,766.00 | 472.00 | 10,406.00 | |
| Gross Margin | 41.07 | 19.33 | 48.82 | 55.34 | 47.27 | 44.64 | 7.25 | 69.11 | |
| Pre Tax | 373.00 | 575.00 | 640.00 | 1,544.00 | 2,421.00 | 3,815.00 | 3,444.00 | 3,862.00 | |
| Profit Margin | 48.94 | 40.46 | 28.10 | 42.94 | 48.27 | 61.57 | 52.92 | 25.65 | |
| ETR | 34.81 | 26.41 | 27.37 | 29.47 | 14.04 | 5.84 | -3.94 | 0.96 | |
| Net | 243.00 | 413.00 | 465.00 | 1,089.00 | 2,076.00 | 3,589.00 | 3,579.00 | 3,898.00 | |
| Profit Margin | 31.91 | 29.10 | 20.41 | 30.28 | 41.39 | 57.93 | 54.99 | 25.89 | |
| EBITDA | -162.00 | 63.00 | -97.00 | 96.00 | -361.00 | -1,658.00 | -3,206.00 | 4,871.00 | |
| EBITDA Margin | -21.26 | 4.47 | -4.26 | 2.67 | -7.21 | -26.76 | -49.26 | 32.35 | |
| Operating Income | -185.00 | 36.00 | -150.00 | 5.00 | -505.00 | -1,890.00 | -3,411.00 | 4,618.00 | |
| Operating Margin | -24.28 | 2.55 | -6.58 | 0.15 | -10.07 | -30.50 | -52.42 | 30.68 | |
| Interest Income | - - | - - | - - | - - | 5.00 | 7.00 | 15.00 | 17.00 | |
| Loss | -949.00 | -1,386.00 | -2,430.00 | -3,499.00 | -5,527.00 | -8,086.00 | -9,923.00 | -10,438.00 | |
| Cost of Revenue | -450.00 | -1,147.00 | -1,167.00 | -1,606.00 | -2,645.00 | -3,430.00 | -6,036.00 | -4,651.00 | |
|
Operating Expenses
|
-499.00 | -238.00 | -1,263.00 | -1,893.00 | -2,882.00 | -4,656.00 | -3,887.00 | -5,787.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -470.00 | -172.00 | -1,176.00 | -1,891.00 | -3,013.00 | -4,692.00 | -3,766.00 | -3,817.00 | |
| SG&A | -495.00 | -205.00 | -1,272.00 | -2,046.00 | -3,148.00 | -4,920.00 | -3,905.00 | -3,986.00 | |
| S&M | -24.00 | -32.00 | -96.00 | -155.00 | -134.00 | -227.00 | -138.00 | -169.00 | |
| Depreciation and Amortization | -23.00 | -27.00 | -52.00 | -90.00 | -143.00 | -231.00 | -205.00 | -252.00 | |
| Interest Expenses | - - | -61.00 | -72.00 | -84.00 | -52.00 | -135.00 | -402.00 | -617.00 | |
| Other Expenses | -559.00 | -600.00 | -790.00 | -1,538.00 | -2,926.00 | -5,705.00 | -6,856.00 | -756.00 | |
|
WA Shares Outstanding
|
551.00 | 551.00 | 551.00 | 511.00 | 552.00 | 559.00 | 555.00 | 539.00 | |
| Diluted | 551.00 | 551.00 | 551.00 | 511.00 | 559.00 | 573.00 | 573.00 | 544.00 |