Stone reported a Net Income of R$197.1 million in Q3 2022, ending the four-quarter-long period of losses. A year ago, in Q3 2021, the company reported a Net Loss of R$1.26 billion due to mounting losses in its lending business and markdowns on its investment in Banco Inter. Nevertheless, Stone’s flourishing “MSMB” segment (micro, small, and medium-sized businesses) allowed the company to get back on its feet and leave this difficult period behind.
What is your point of TPV outpaced inflation by saying-"Inflation in Brazil stood at 10.07% in July, 8.73% in August, and 7.17% in September; thus, Stone’s TPV growth confidently outpaced inflation in the country."
What is your point of TPV outpaced inflation by saying-"Inflation in Brazil stood at 10.07% in July, 8.73% in August, and 7.17% in September; thus, Stone’s TPV growth confidently outpaced inflation in the country."