PAGSEGURO DIGITAL Reports Q2 FY2023 Earnings Results on June 30, 2023
August 26, 2023
🌥️Earnings Overview
On June 30 2023, PAGSEGURO DIGITAL ($NYSE:PAGS) revealed their Q2 FY2023 earnings results. Total revenue for the quarter amounted to BRL 2166.0 million, marking a 4.0% decrease from the same period in the previous year. Net income, however, rose by 5.0% year over year, totalling BRL 385.1 million.
Share Price
The stock opened at $9.1 and closed at $8.7, down 2.6% from its prior closing price of $8.9. The decrease in price was attributed to a variety of macroeconomic concerns, as well as the company’s performance in the second quarter. The report showed a slight year-over-year decline in revenue and net income, but overall it was a positive result that indicated the company’s resilience in uncertain economic times. The company also announced plans to expand its customer base through new initiatives and partnerships, and to invest in new technologies to improve its services.
Overall, the report was an encouraging sign of PAGSEGURO DIGITAL‘s ongoing commitment to increasing shareholder value. The company’s long-term success will be determined by its ability to continue leveraging technology and balancing investments with returns. Investors should keep a watchful eye on the company’s performance going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pagseguro Digital. More…
| Total Revenues | Net Income | Net Margin |
| 8.91k | 1.54k | 17.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pagseguro Digital. More…
| Operations | Investing | Financing |
| 3.89k | -2.04k | -1.32k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pagseguro Digital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 42.84k | 30.31k | 38.63 |
Key Ratios Snapshot
Some of the financial key ratios for Pagseguro Digital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 33.7% | – | 58.4% |
| FCF Margin | ROE | ROA |
| 23.3% | 26.3% | 7.6% |
Analysis
At GoodWhale, we believe that analyzing a company’s fundamentals is key in understanding its investment potential. That’s why we offer in-depth analysis of PAGSEGURO DIGITAL‘s financial and business aspects to help you make the best decisions for your portfolio. Our Risk Rating system gives PAGSEGURO DIGITAL a medium risk score, indicating that while there could be potential rewards, there are also risks associated with investing in this company. Digging deeper, we have detected 2 risk warnings in PAGSEGURO DIGITAL’s income sheet and balance sheet. To find out more about these warnings, register with us today! With GoodWhale, you can track the performance of your investments and make informed decisions with confidence. More…
Peers
PagSeguro Digital Ltd, One97 Communications Ltd, Getnet Adquirencia E Servicos Para Meios De Pagamento SA, and AGS Transact Technologies Ltd are all competing in the online payment processing industry. All four companies offer similar services, but PagSeguro Digital Ltd has a distinct advantage because it is the only Brazilian company in the group. This gives PagSeguro Digital Ltd a first mover advantage in the Brazilian market and allows the company to better understand the needs of Brazilian customers.
– One97 Communications Ltd ($BSE:543396)
One97 Communications Ltd is a holding company that engages in the provision of digital entertainment services. It operates through the following segments: Digital Entertainment and Others. The Digital Entertainment segment offers online content and services such as music, videos, games, and news. The Others segment includes sale of mobile handsets and accessories, and other value-added services. The company was founded by Vijay Shekhar Sharma in 2000 and is headquartered in Noida, India.
– Getnet Adquirencia E Servicos Para Meios De Pagamento SA ($NASDAQ:GET)
Getnet Adquirencia e Servicos para Meios de Pagamento SA is a Brazil-based company engaged in the provision of payment solutions. The Company offers services in the areas of electronic commerce, m-commerce, point of sale (POS) and others. It also provides solutions for the management and control of expenses, such as virtual cards, corporate cards and prepaid cards. The Company operates through three segments: Merchant Acquiring, which includes the activities of contracting and providing technological solutions that enable acceptance of electronic payments in physical stores; e-Commerce, which includes the contracting and providing of technological solutions that enable the acceptance of electronic payments in online stores; and Financial Institution, which includes the contracting and providing of technological solutions that enable the acceptance of electronic payments by financial institutions.
– AGS Transact Technologies Ltd ($BSE:543451)
Transact Technologies Ltd is a global provider of integrated payment solutions. The company’s products and services include point-of-sale systems, payment processing services, and software solutions. Transact Technologies Ltd has a market cap of 9.88B as of 2022 and a Return on Equity of 20.68%. The company’s products and services are used by merchants of all sizes, from small businesses to large enterprises. Transact Technologies Ltd is headquartered in New York, New York.
Summary
PAGSEGURO DIGITAL released their second quarter FY2023 earnings results on June 30 2023. Total revenue for the quarter was slightly down compared to the same period last year by 4.0%.
However, their net income was up 5.0% compared to the previous year. For potential investors, these figures may be an indication of PAGSEGURO DIGITAL’s ability to sustain profitability despite a decrease in revenue. This could make them a viable option for investors who are looking for a stable and profitable company to invest in.
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