Record TPV and Gross Profit
TPV exceeded $10 billion for the first time, and gross profit surpassed $100 million, indicating strong growth and diversification. TPV grew nearly 60% year-over-year in dollars and 66% on a constant currency basis.
Strong Net Income Growth
Net income grew significantly due to lower finance costs, following a reduction in exposure to Argentine peso-denominated bonds.
Healthy Revenue and Adjusted EBITDA
Revenue was up 52% year-over-year, or 63% on a constant currency basis. Adjusted EBITDA reached $72 million, representing 70% of gross profit.
Expansion of Payment Methods
Launched Buy Now, Pay Later Fuse, now live in 6 countries. APMs-on-file capabilities now cover 27 local payment methods across 16 countries.
Strong Performance Across Emerging Markets
Brazil and Colombia showed strong growth, and significant contributions from emerging markets like Nigeria and Bolivia.