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Revenue: $2.85 billion (expected $2.8 billion); up 52% year-over-year

Net Income: $487 million (expected $464 million)

Adjusted Net Income: $563 million (expected $472.5 million)

Gross Profit: $1.36 billion; up 74% year-over-year

Gross Margin: 48%, up from 41.8% in Q2 2023

Return on Equity (ROE): 28%

Provision for Credit Losses: $759.8 million; equivalent to 4.0% of the credit portfolio

Operating Metrics:

- New Customers Added: 5.2 million in Q2 2024; up 25% year-over-year

- Total Customers: 104.5 million

- Active Customers: 87.2 million; up 27% year-over-year

- Average Revenue Per Active Customer (ARPAC): $11.2; up 30% year-over-year

Segment Performance:

- Deposits: $25.2 billion; up 64% year-over-year (excluding FX impact)

- Total Credit Portfolio (credit cards and loans): $18.9 billion; up 49% year-over-year (excluding FX impact)

- Interest-Earning Portfolio (IEP): $9.8 billion; up 81% year-over-year (excluding FX impact)

Key Ratios:

- Loan-to-Deposit Ratio (LDR): 39%

- Risk-Adjusted Net Interest Margin (NIM): 11.0%; up 300bps year-over-year

- Gross Margin: 47.7%; improved from 41.8% in Q2 2023

- Efficiency Ratio: 32.0%; improved by 340bps year-over-year

- Net Interest Margin (NIM): 19.8%; up 150bps year-over-year

- Activity Rate: 83.4%; a new record

Brazil:

- Customer Base: 95.5 million; up 20% year-over-year

- Market Penetration: Represents 56% of the adult population

Mexico:

- Net New Customers: 1.2 million added in Q2 2024

- Total Customers: 7.8 million

Colombia:

- Customer Base: Surpassed 1 million; reached 1.3 million by the end of Q2

Non-Performing Loan (NPL) Ratios:

- 15-90 Days NPL Ratio: Decreased to 4.5%

- 90+ Days NPL Ratio: Increased to 7.0%, within the expected range

- Cost of Deposits: 87% of the blended interbank rate of the operating countries

CEO: "Our Q2 2024 results highlight the strength of our business model, driven by rapid customer growth, increased revenue per customer, and efficient operating costs."