PagSeguro Digital : 1Q25 Supporting Spreadsheet
PAGS
Published on 05/13/2025 at 16:52
Consolidated Financial
Statements
Unaudited Condensed Consolidated Interim Financial Statements
As of March 31, 2025 and for three-month periods ended March 31, 2025 and 2024.
May 13, 2025
1
Website: https://xcom.net.br/
E-mail: [email protected]
Unaudited condensed consolidated interim financial statements
As of March 31, 2025 and for three-month periods ended March 31, 2025 and 2024 Contents
Unaudited condensed consolidated interim financial statements
Unaudited condensed consolidated interim balance sheet 3
Unaudited condensed consolidated interim statements of income 5
Unaudited condensed consolidated interim statements of comprehensive income 6
Unaudited condensed consolidated interim statement of changes in equity 7
Unaudited condensed consolidated interim statement of cash flows 8
Notes to the unaudited consolidated interim financial statements 9
Report of independent registered public accounting firm
To the Board of Directors and Stockholders PagSeguro Digital Ltd.
We have reviewed the accompanying condensed consolidated interim balance sheet of PagSeguro Digital Ltd. and its subsidiaries (the "Company") as of March 31, 2025 and the related condensed consolidated interim statements of income, comprehensive income, of changes in equity and of cash flows for the three-month period ended March
31, 2025 and 2024, including the related notes (collectively referred to as the "unaudited condensed consolidated interim financial statements"). Based on our reviews, we are not aware of any material modifications that should be made to the accompanying unaudited condensed consolidated interim financial statements for them to be in conformity with International Accounting Standard (IAS) 34 - "Interim Financial Reporting" as issued by the International Accounting Standards Board.
These unaudited condensed consolidated interim financial statements are the responsibility of the Company's management. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the
U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our review in accordance with the standards of the PCAOB. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance with the standards of the PCAOB, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion.
São Paulo, May 13, 2025
PricewaterhouseCoopers Auditores Independentes Ltda.
2 of 2
https://www.pwc.com.br
PricewaterhouseCoopers Auditores Independentes Ltda. Avenida Brigadeiro Faria Lima, 3732,
Edifício B32, 16o, São Paulo, SP, Brasil, 04538-132 T: +55 (11) 4004-8000
Unaudited condensed consolidated interim balance sheet (All amounts in thousands of reais)
Note
Assets
March 31, 2025
December 31, 2024
Current assets
Cash and cash equivalents 5
954,123
927,668
Financial investments 6
658,365
487,924
Compulsory reserve 7
4,027,526
4,761,404
Accounts receivable 8
54,014,589
57,628,538
Receivables from related parties 10
10,865
9,082
Derivative financial instruments 28
809
58,470
Inventories
869
1,642
Recoverable taxes 9
545,476
551,722
Other receivables
214,093
194,465
Total current assets
60,426,715
64,620,915
Non-current assets
Accounts receivable 8
2,277,361
2,174,735
Receivables from related parties 10
20,942
22,767
Recoverable taxes 9
497,631
318,197
Judicial deposits
81,035
79,591
Deferred income tax and social contribution 21
85,104
95,872
Other receivables
92,506
89,902
Property and equipment 11
2,659,204
2,572,336
Intangible assets 12
2,997,349
2,926,302
Total non-current assets
8,711,132
8,279,702
Total assets
69,137,847
72,900,617
The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statement
3
Unaudited condensed consolidated interim balance sheet (All amounts in thousands of reais)
Note
March 31, 2025
December 31, 2024
Liabilities and equity
Current liabilities
Payables to third parties
13
10,248,555
11,557,648
Checking accounts
15
10,314,392
12,030,573
Obligations to FIDC quota holders
14
139,001
134,375
Banking issuances
16
12,955,850
12,677,098
Borrowings
20
4,370,495
4,521,503
Derivative financial instruments
28
109,791
69,969
Trade payables
559,658
663,229
Payables to related parties
10
81,095
116,383
Salaries and social security charges
17
261,929
402,643
Taxes and contributions
18
289,424
280,762
Provision for contingencies
19
72,803
43,820
Deferred revenue
118,892
128,849
Other liabilities
125,131
117,630
Total current liabilities
39,647,016
42,744,482
Non-current liabilities
Payables to third parties
13
86,024
84,570
Obligations to FIDC quota holders
14
1,049,410
1,017,009
Banking issuances
16
10,611,975
11,412,136
Payables to related parties
10
978,430
1,014,863
Deferred income tax and social contribution
21
1,673,660
1,790,362
Provision for contingencies
19
58,728
71,140
Deferred revenue
14,332
16,579
Other liabilities
75,424
81,104
Total non-current liabilities
14,547,983
15,487,763
Total liabilities
54,194,999
58,232,245
Equity
Share capital
22
26
26
Treasury shares
22
(1,436,144)
(1,367,677)
Capital reserve
22
6,003,291
6,133,863
Retained earnings
22
10,532,536
10,007,444
Equity valuation adjustments
22
(22,372)
(22,372)
Other comprehensive income
22
(134,489)
(82,912)
Total equity
14,942,848
14,668,372
Total liabilities and equity
69,137,847
72,900,617
The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.
4
Disclaimer
PagSeguro Digital Ltd. published this content on May 13, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 13, 2025 at 20:51 UTC.