Summary by Moomoo AI
StoneCo Ltd., a leading provider of financial technology solutions in Brazil, filed its Form 6-K with the United States Securities and Exchange Commission for the month of August 2024. The report, signed by Chief Financial Officer and Investor Relations Officer Mateus Scherer Schwening on August 14, 2024, includes unaudited interim condensed consolidated financial statements for the six months ended June 30, 2024. The financial statements reveal a net income of R$ 871.9 million for the period, with earnings per share of R$ 2.82 for basic and R$ 2.76 for diluted shares. The company's total assets stood at R$ 52.7 billion, while total liabilities were R$ 37.5 billion, resulting in total equity of R$ 15.2 billion. The report also includes detailed notes on the company's operations, financial instruments, employee benefits, and segment information, providing a comprehensive overview of StoneCo's financial performance during the first half of 2024.
