PicPay Reports Q4 Adjusted Net Income of R$188.2M
Reports Q4 adjusted net income R$ 188.2M. Management stated, "We closed 2025 marking one of the most relevant chapters in PicPay's history. It was a year that consolidated more than a decade of building the company and culminated in strong results that paved the way for our Nasdaq debut under the ticker PICS. Over the years, the company evolved from a pioneering digital wallet into a full digital bank. Today, PicPay is among the largest digital banks in the country, with a portfolio that integrates financial services and everyday experiences for consumers and SMBs...In January of this year, we completed our initial public offering, symbolizing the maturity of this journey and inaugurating a new chapter for the company...This first earnings release as a listed company reflects the strength of our business model. In 2025, our total revenue surpassed R$10 billion, representing 85% year - over- year growth , driven by the expansion of our financial services portfolio and increased cross -selling within our customer base. Looking at our revenue composition, we have achieved a very healthy diversification. By the end of 2025, 48% of revenues came from float, fees, commissions, and services, primarily driven by our digital wallet and insurance operations, which have become one of the company's key businesses. We reached 9 million active policies by the end of Q4, representing 76% year - over- year growth, positioning us as one of the largest digital insurance distributors in Brazil...Additionally, we developed Hub AI, our proprietary internal agent platform, used by more than 4,000 employees, with over 1,000 internal agents supporting functions such as coding, marketing, and HR operations. We believe our journey as an AI - driven fintech is just beginning, with many additional opportunities ahead".
