📊 The $NU (+7,45 %)
Key Figures at a Glance (vs. Expectations):
- 💰 Revenue:
$5.88 billion
(vs. ~$5.40 billion expected) 📈 +55% YoY - 💵 Net income:
$1.06 billion
(vs. ~$940 million expected) ➡️ For the first time in the company’s history, quarterly profit has surpassed the $1 billion mark! - 🎯 Return on Equity (ROE): An impressive 33%
- 👥 Customer base:
138.9 million users (Growth in Brazil, Mexico, and Colombia is in full swing)
💡 Why this matters:
After Q1 fell slightly short of expectations due to a slight increase in costs and provisions, there were some skeptics regarding margins and credit quality. David Vélez and his team have proven just how extremely scalable this business model is. The combination of explosive new-customer growth and rapidly rising monetization per customer is fully reflected in the bottom line.
📌 My conclusion: For me, this is one of the most exciting and profitable growth stocks in the global fintech sector. If the expansion in Mexico and Colombia continues to scale at the same rate as in Brazil, there’s still plenty of upside potential here.
👇 What’s your take on $NU? Have you bought into the stock, or are you sitting on the sidelines?
