Dividend PolicyThe company announced its dividend policy, planning to distribute 30% of free cash flow annually, starting in 2026, which should bring extra shareholders’ returns.
Financial PerformanceTotal payment volume (TPV) reached US$8.1 billion, up 5% q/q and 53% y/y, coming in 1% above our estimate and 6% above consensus.
Management And CredibilityNew management brings more credibility to the business, enhancing future potential value generation.