Xp Inc - Understand $xp stock

$XP Market Cap: $9.121 Billion

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Financial Snapshot

Revenue

$16.45B

TTM

Gross Margin

Net Earnings

$4.273B

TTM

Current Assets

$11.10B

Q2 2024

Current Liabilities

$74.89B

Q2 2024

Current Ratio

14.83%

Q2 2024

Total Assets

$297.1B

Q2 2024

Total Liabilities

$277.2B

Q2 2024

Book Value

$19.96B

Q2 2024

Cash

P/E

2.134

Nov 15, 2024 EST

Free Cash Flow

$5.309B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$14.86B	$13.35B	$12.08B	$8.152B	$5.128B	$2.959B	$1.907B	$1.252B
YoY Change	11.34%	10.51%	48.16%	58.97%	73.32%	55.16%	52.32%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$14.86B	$13.35B	$12.08B	$8.152B	$5.128B	$2.959B	$1.907B	$1.252B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$5.630B	$5.780B	$4.688B	$3.005B	$1.955B	$1.220B	$655.1M	$472.3M
YoY Change	-2.6%	23.28%	56.01%	53.69%	60.27%	86.25%	38.7%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$252.4M	$205.9M	$231.7M	$143.2M	$90.70M	$52.80M	$27.40M	$23.10M
YoY Change	22.6%	-11.16%	61.82%	57.88%	71.78%	92.7%	18.61%
% of Gross Profit
Operating Expenses	$10.38B	$9.488B	$8.114B	$5.626B	$3.499B	$2.245B	$1.270B	$877.9M
YoY Change	9.4%	16.93%	44.22%	60.78%	55.84%	76.79%	44.67%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	-$543.0M	-$414.0M	-$143.4M	-$51.80M	-$84.40M	-$72.30M	-$61.10M	$0.00
YoY Change	31.16%	188.62%	176.92%	-38.63%	16.74%	18.33%
% of Operating Profit
Other Income/Expense, Net	-$2.000M
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$3.936B	$3.445B	$3.815B	$2.421B	$1.544B	$640.7M	$575.5M	$373.9M
YoY Change	14.25%	-9.7%	57.56%	56.82%	141.0%	11.33%	53.92%
Income Tax	$37.00M	-$136.0M	$222.7M	$339.9M	$454.6M	$175.4M	$152.0M	$130.2M
% Of Pretax Income	0.94%	-3.95%	5.84%	14.04%	29.44%	27.38%	26.41%	34.82%
Net Earnings	$3.899B	$3.580B	$3.589B	$2.076B	$1.081B	$461.4M	$413.9M	$188.7M
YoY Change	8.91%	-0.26%	72.87%	92.17%	134.18%	11.48%	119.34%
Net Earnings / Revenue	26.24%	26.82%	29.72%	25.47%	21.07%	15.6%	21.71%	15.07%
Basic Earnings Per Share
Diluted Earnings Per Share	$7.16	$6.25	$6.259M	$3.714M	$1.958M	$836.2K	$750.1K	$342.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$3.943B	$3.553B	$2.486B	$1.955B	$110.0M	$68.00M	$153.0M
YoY Change	10.98%	42.94%	27.14%	1677.27%	61.76%	-55.56%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$4.418B	$4.240B	$3.983B	$1.394B	$90.00M	$97.00M	$65.00M
YoY Change	4.2%	6.46%	185.71%	1448.89%	-7.22%	49.23%
Inventory
Prepaid Expenses
Receivables	$681.0M	$598.0M	$469.1M	$506.0M	$462.0M	$219.0M	$130.0M
Other Receivables	$245.0M	$163.0M	$153.3M	$128.0M	$243.0M	$184.0M	$42.00M
Total Short-Term Assets	$9.287B	$8.554B	$7.091B	$3.983B	$905.0M	$568.0M	$390.0M
YoY Change	8.57%	20.64%	78.03%	340.11%	59.33%	45.64%
Property, Plant & Equipment	$655.0M	$569.0M	$598.5M	$387.0M	$370.0M	$99.00M	$47.00M
YoY Change	15.11%	-4.92%	54.64%	4.59%	273.74%	110.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$179.3B	$147.9B	$105.5B	$78.91B	$37.34B	$14.67B	$5.414B
YoY Change	21.23%	40.18%	33.73%	111.31%	154.53%	170.98%
Other Assets	$2.104B	$1.612B	$1.273B	$505.0M	$285.0M	$152.0M	$226.0M
YoY Change	30.52%	26.62%	152.09%	77.19%	87.5%	-32.74%
Total Long-Term Assets	$239.8B	$183.5B	$132.2B	$92.05B	$42.72B	$17.16B	$6.746B
YoY Change	30.67%	38.74%	43.68%	115.47%	149.0%	154.31%
Total Assets	$249.0B	$192.0B	$139.3B	$96.03B	$43.62B	$17.72B	$7.136B
YoY Change
Accounts Payable	$948.0M	$617.0M	$867.5M	$860.0M	$267.0M	$135.0M	$72.00M
YoY Change	53.65%	-28.88%	0.88%	222.1%	97.78%	87.5%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$53.76B	$45.32B	$28.95B	$34.08B	$17.66B	$7.900B	$1.227B
YoY Change	18.63%	56.56%	-15.06%	92.96%	123.54%	543.85%
Long-Term Debt Due	$4.536B	$3.964B	$1.830B	$239.0M	$488.0M	$114.0M	$130.0M
YoY Change	14.42%	116.61%	665.76%	-51.02%	328.07%	-12.31%
Total Short-Term Liabilities	$56.42B	$47.27B	$33.22B	$36.28B	$19.25B	$8.504B	$1.785B
YoY Change	19.36%	42.31%	-8.44%	88.43%	126.4%	376.41%
Long-Term Debt	$2.199B	$1.866B	$4.589B	$589.0M	$985.0M	$762.0M	$737.0M
YoY Change	17.85%	-59.33%	679.06%	-40.2%	29.27%	3.39%
Other Long-Term Liabilities	$170.9B	$125.7B	$87.09B	$48.26B	$16.22B	$6.355B	$3.456B
YoY Change	35.9%	44.39%	80.47%	197.44%	155.3%	83.88%
Total Long-Term Liabilities	$173.1B	$127.6B	$91.68B	$48.85B	$17.21B	$7.117B	$4.193B
YoY Change	35.63%	39.2%	87.69%	183.83%	141.8%	69.74%
Total Liabilities	$229.6B	$175.0B	$124.9B	$85.14B	$36.47B	$15.64B	$5.992B
YoY Change	31.2%	40.08%	46.74%	133.44%	133.19%	161.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $9.1205 Billion

About XP Inc

XP, Inc. engages in the operation of technology-driven financial services platform. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 6,669 full-time employees. The company went IPO on 2019-12-11. The firm owns technological platforms for investments, financial services and education, in addition to media and content platforms, including brands, such as XP, Rico, Clear, Infomoney, XPeed and IM+. The company distributes a range of financial products and services, such as financial education and digital content platform, financial advisory services and open financial product platform. Xpeed is a financial education platform in Brazil, which offers courses, MBAs and learning tools, as well as a range of digital content. The company advises and supports its customers in a range of activities related to the financial universe, such as advisory services for institutional clients, private banking for high income clients, international financial services, structuring and issuance of financial products for corporate clients and issuers. The company offers an open financial product platform to its clients, encompassing both proprietary and partnership products.

Industry: Security Brokers, Dealers & Flotation Companies Peers: