PagSeguro Digital Ltd (BSP:PAGS34)

Q1 2025 PagSeguro Digital Ltd Earnings Call Transcript

May 13, 2025 / 10:00 PM GMT

Release Date Price: R$10.9 (-0.18%)

Transcript

Key Points

Positve

PagSeguro Digital Ltd (PAGS) reported a strong quarter with a 16% year-over-year growth in total payment volume (TPV), reaching a record 129 billion reais.
The company achieved a 13% year-over-year increase in net revenues, totaling 4.9 billion reais.
PagSeguro Digital Ltd (PAGS) announced the launch of a cash dividend of $0.14 per common share, marking the first dividend payment in the company's history.
The banking segment's gross profit margin reached 70%, marking its fifth consecutive quarter of growth and now represents 22% of the total gross profit.
The company successfully reduced its cost of funding, with the average total deposit cost decreasing by 700 basis points to 90% of the CDI.

Negative

TPV growth decelerated from 28% in the previous quarter to 16% year-over-year, partly due to challenging comparisons and repricing strategies.
The company faced a 42% increase in financial costs, driven by higher interest rates and TPV growth, which required larger pre-payment volumes.
Operating expenses decreased by only 3% quarter over quarter, indicating limited cost-cutting measures.
There was a contraction in deposits during the quarter, attributed to the higher cost of opportunity due to the elevated interest rate environment.
The company acknowledged potential churn in the MSMB segment due to repricing, which could impact future growth.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PAGS.N - PagSeguro Digital Ltd
Q1 2025 PagSeguro Digital Ltd Earnings Call
May 13, 2025 / 10:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good evening. My name is Ojo, and I'll be your conference operator today. Welcome to Pegiguru Digital earnings call for the first quarter of 2025. This slide presentation for today's webcast is available on PEGsiguru Digital's investor relations website at investors. Baggybank.com. Please refer to the forward-looking statements and reconciliation disclosure in this presentation and in the company's earnings release appendix.

Finally, be advised that all participants will be in less than only mode. After the presentation, to ask a live question, please use the Rais and button to join the queue.

Once you're announced, a request to activate your microphone will appear on your screen. Please ask all your questions at

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.