StoneCo Ltd. (NASDAQ:STNE) Q1 2022 Earnings Conference Call June 2, 2022 5:00 PM ET

Company Participants

Rafael Martins - Vice President-Finance & Investor Relations Officer

Thiago Piau - Chief Executive Officer

Lia Matos - Chief Strategy Officer

Conference Call Participants

Tito Labarta - Goldman Sachs

Josh Siegler - Cantor Fitzgerald

Jamie Friedman - Susquehanna

Kaio Prato - UBS

Sheriq Sumar - Evercore ISI

Jason Mollin - Scotiabank

Mario Perry - Bank of America

Jeff Cantwell - Wells Fargo

Neha Agarwala - HSBC

Pedro Leduc - Itaú BBA

Domingos Falavina - JPMorgan

Operator

Good evening, ladies and gentlemen, and thank you for standing by. Welcome to the StoneCo First Quarter 2022 Earnings Conference Call. By now, everyone should have access to our earnings release. The company has also posted a presentation to go along with this call. All material can be found online at investors.stone.co.

Throughout this conference call, the company will be presenting non-IFRS financial information, including adjusted net income. These are important financial measures for the company, but are not financial measures as defined by IFRS. Reconciliations of the company’s non-IFRS financial information to the IFRS financial information appear in today's press release.

Finally, before we begin our formal remarks, I would like to remind everyone that today's discussion may include forward-looking statements. These statements are not guarantees of future performance and therefore, you should not put undue reliance on them. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from the company's expectations.

Please refer to the forward-looking statements disclosure in the company's earnings release. In addition, many of the risks regarding the business are disclosed in the company's Form 20-F filed with the Securities and Exchange Commission, which is available at www.sec.gov.

I would now like to turn the conference over to your host, Rafael Martins, Vice President of Finance and Investor Relations Officer at StoneCo. Please go ahead, sir.

Rafael Martins

Thank you, operator, and good evening, everyone. Joining us here on the call, we have our CEO, Thiago Piau; Lia Matos, Chief Strategy Officer; and our CFO, Marcelo Baldin. Today, we will present our first quarter 2022 results, discuss some recent trends and provide an updated outlook for our business.

I will now pass it over to Thiago so he can share highlights of our performance and some key insights starting on page 4 of our presentation. Thiago?