PICS News & Events

The company said, "Looking ahead to the Q2, management expects PicPay's total credit portfolio to reach approximately R$31.0B, representing sequential growth of 11%, while quarterly cost of risk is expected to remain within the Company's targeted range of 3.7%-3.9%. Managerial revenues are projected to increase to approximately R$3.6B, driving net interest income of approximately R$ 1.9B and gross profit of approximately R$ 1.15B. The Company expects IFRS EBT of approximately R$ 265M and adjusted EBT of approximately R$ 285M, supporting IFRS net income of approximately R$ 235M and adjusted net income of approximately R$ 245 million. The outlook reflects continued portfolio expansion, stable credit performance and increasing operating leverage, positioning the Company to deliver meaningful earnings growth while maintaining disciplined risk management.

Reports Q1 gross profit R$1.1B, up 44% vs. last year. "We exceeded guidance across key indicators, reflecting the consistent execution of our strategy focused on profitable growth, based on scale, financial discipline, and deepening customer relationships," said Eduardo Chedid, PicPay CEO. "We are confident in our ability to build on our strong start to the year and deliver another quarter of profitable growth in the second quarter, supported by continued portfolio expansion, disciplined risk management and the scalability of our operating model."