← Nu Holdings Ltd.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income for the year | ($92.5m) | ($171.5m) | ($165.3m) | ($364.6m) | $1.0b | $2.0b | $2.9b | |
| Net Income | — | — | — | ($364.6m) | $1.0b | $2.0b | $2.9b | |
| Net Income From Continuing Operations | — | — | — | ($364.6m) | $1.0b | $2.0b | $2.9b | |
| Depreciation & Amortization (CF) | $5.1m | $7.4m | $17.3m | $35.6m | $62.9m | $77.1m | $98.0m | |
| Depreciation Amortization Depletion | — | — | — | $35.6m | $62.9m | $77.1m | $98.0m | |
| Depreciation And Amortization | — | — | — | $35.6m | $62.9m | $77.1m | $98.0m | |
| Deferred Income Tax | — | — | — | ($417.6m) | ($675.7m) | ($713.4m) | ($427.3m) | |
| Deferred Tax | — | — | — | ($417.6m) | ($675.7m) | ($713.4m) | ($427.3m) | |
| Adjustments For Share-Based Payments | — | $35.6m | $157.3m | $253.2m | $212.6m | $272.4m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | $0 | $0 | $3.7m | |
| Additional Financial Items | ||||||||
| General And Administrative Expense | — | ($266.0m) | ($628.9m) | ($1.3b) | — | — | — | |
| Goodwill | — | $831k | $401.9m | $397.4m | $397.5m | $414.3m | — | |
| Repayments Of Borrowings Classified As Financing Activities | — | ($52.2m) | ($66.4m) | $10.6m | — | — | — | |
| Expected credit loss | $194.0m | $187.8m | $503.7m | $1.4b | $2.5b | $3.5b | $4.7b | |
| Provisions and contingent liabilities | — | — | — | — | $17.1m | $18.4m | $29.2m | |
| Unrealized (gains) losses on financial instruments | — | $48.4m | $19.3m | $17.8m | $15.9m | $47.9m | ($50.4m) | |
| Interest accrued | $17.7m | $39.5m | $11.1m | $32.5m | $103.6m | $179.2m | $288.7m | |
| Stock-Based Compensation (CF) | $18.5m | $35.6m | $157.3m | $253.2m | $212.6m | $272.4m | $271.8m | |
| Others | — | — | — | $8.2m | $23.1m | ($2.7m) | $86.7m | |
| Securities | ($1.7b) | ($2.0b) | ($4.7b) | ($1.1b) | $699.1m | ($2.6b) | ($4.8b) | |
| Credit card receivables | ($1.4b) | ($470.2m) | ($2.6b) | ($5.2b) | ($7.9b) | ($5.9b) | ($12.4b) | |
| Loans to customers | ($63.0m) | ($178.7m) | ($1.5b) | ($1.9b) | ($3.6b) | ($7.0b) | ($10.3b) | |
| Other receivables | — | — | — | ($481.8m) | ($1.1b) | $385.2m | $406.3m | |
| Compulsory and other deposits at central banks | — | ($43.8m) | ($924.9m) | ($1.9b) | ($4.5b) | $806.0m | ($2.7b) | |
| Other assets | ($166.2m) | $78.3m | ($64.1m) | ($772.4m) | ($61.0m) | $369.2m | ($828.6m) | |
| Deposits | $2.1b | $2.9b | $4.0b | $6.3b | $7.7b | $5.9b | $12.9b | |
| Payables to network | — | $312.6m | $1.6b | $2.2b | $2.8b | ($528.5m) | $4.1b | |
| Deferred income | $10.3m | $3.6m | $4.8m | $11.3m | $25.9m | $3.8m | $5.8m | |
| Other liabilities | $52.4m | $57.8m | $417.2m | $979.3m | $1.3b | $1.1b | $2.7b | |
| Interest received | — | $263.0m | $563.5m | $1.6b | $3.4b | $5.8b | $8.4b | |
| Acquisition and development of intangible assets | — | — | — | ($94.3m) | ($156.8m) | ($169.6m) | ($333.6m) | |
| Acquisition of subsidiary, net of cash acquired | — | ($8.3m) | ($114.5m) | ($10.3m) | — | ($5.6m) | ($1.5m) | |
| Cash flow generated from (used in) investing activities | ($4.7m) | ($16.3m) | ($154.2m) | ($127.2m) | ($177.0m) | ($330.6m) | ($342.3m) | |
| Proceeds from borrowings and financing | $160.6m | $18.0m | $116.3m | $581.1m | $469.5m | $1.3b | $2.8b | |
| Payments of borrowings and financing | ($78.2m) | ($27.9m) | ($60.5m) | ($160.0m) | ($46.5m) | ($580.6m) | ($532.8m) | |
| Lease payments | ($2.0m) | ($4.6m) | ($4.4m) | ($5.0m) | ($6.9m) | ($7.1m) | ($6.7m) | |
| Exercise of stock options | $5.8m | $6.8m | $12.3m | $4.5m | $9.1m | $5.5m | $6.2m | |
| Cash flows generated from (used in) financing activities | $611.2m | $240.1m | $3.3b | $654.0m | $425.2m | $727.7m | $2.3b | |
| Net Change in Cash | $882.7m | $1.2b | $257.5m | $1.3b | $1.5b | $2.8b | $5.4b | |
| Shares issued to service providers | — | — | — | — | $21.5m | $1.3m | $1.0m | |
| Shares issued on business acquisition | — | — | — | — | — | $75.3m | $2.5m | |
| Beginning Cash Position | — | — | — | $2.7b | $4.2b | $5.9b | $9.2b | |
| Cash Flow From Continuing Financing Activities | — | — | — | $654.0m | $425.2m | $727.7m | $2.3b | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($127.2m) | ($177.0m) | ($330.6m) | ($342.3m) | |
| Change In Account Payable | — | — | — | $2.2b | $2.8b | ($528.5m) | $4.1b | |
| Change In Other Current Assets | — | — | — | ($2.7b) | ($4.6b) | $1.2b | ($3.6b) | |
| Change In Other Current Liabilities | — | — | — | $979.3m | $1.3b | $1.1b | $2.7b | |
| Change In Other Working Capital | — | — | — | $5.2b | $8.4b | $3.4b | $8.0b | |
| Change In Payable | — | — | — | $2.2b | $2.8b | ($528.5m) | $4.1b | |
| Change In Payables And Accrued Expense | — | — | — | $2.2b | $2.8b | ($528.5m) | $4.1b | |
| Change In Receivables | — | — | — | ($5.7b) | ($9.0b) | ($5.5b) | ($12.0b) | |
| Change In Working Capital | — | — | — | ($1.9b) | ($4.7b) | ($7.4b) | ($11.1b) | |
| Changes In Account Receivables | — | — | — | ($5.2b) | ($7.9b) | ($5.9b) | ($12.4b) | |
| Changes In Cash | — | — | — | $1.3b | $1.5b | $2.8b | $5.4b | |
| End Cash Position | — | — | — | $4.2b | $5.9b | $9.2b | $15.0b | |
| Financing Cash Flow | — | — | — | $654.0m | $425.2m | $727.7m | $2.3b | |
| Free Cash Flow | — | — | — | $641.3m | $1.1b | $2.2b | $3.2b | |
| Gain Loss On Investment Securities | — | — | ($19.9m) | $18.6m | — | — | — | |
| Interest Received CFO | — | — | — | $1.6b | $3.4b | $5.8b | $8.4b | |
| Investing Cash Flow | — | — | — | ($127.2m) | ($177.0m) | ($330.6m) | ($342.3m) | |
| Issuance Of Capital Stock | — | — | $3.4b | $248.0m | $0 | $0 | — | |
| Net Business Purchase And Sale | — | — | — | ($10.3m) | $0 | ($5.6m) | ($1.5m) | |
| Net Intangibles Purchase And Sale | — | — | — | ($94.3m) | ($156.8m) | ($169.6m) | ($333.6m) | |
| Net PPE Purchase And Sale | — | — | — | ($20.0m) | ($20.2m) | ($5.4m) | ($7.2m) | |
| Net Preferred Stock Issuance | — | — | $800.0m | $0 | $0 | — | — | |
| Operating Gains Losses | — | — | ($39.3m) | $848k | $20k | — | $3.7m | |
| Other Non Cash Items | — | — | — | $395.1m | $143.7m | $194.9m | $404.6m | |
| Preferred Stock Issuance | — | — | $800.0m | $0 | $0 | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | $4.5m | $9.1m | $5.5m | $6.2m | |
| Purchase Of Business | — | — | — | ($10.3m) | $0 | ($5.6m) | ($1.5m) | |
| Purchase Of Intangibles | — | — | — | ($94.3m) | ($156.8m) | ($169.6m) | ($333.6m) | |
| Purchase Of PPE | — | — | — | ($20.0m) | ($20.2m) | ($5.4m) | ($7.2m) | |
| Repurchase Of Capital Stock | — | — | ($4.6m) | $0 | $0 | — | — | |
| Stock Based Compensation | — | — | — | $253.2m | $212.6m | $272.4m | $271.8m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | $18.6m | $15.9m | $47.9m | ($50.4m) | |
| Profit or Loss | — | ($171.5m) | ($165.3m) | ($364.6m) | $1.0b | $2.0b | — | |
| Acquisition of property, plant and equipment | ($2.4m) | ($3.1m) | ($6.0m) | ($20.0m) | ($20.2m) | ($5.4m) | ($7.2m) | |
| Capital Expenditure | — | — | — | ($114.3m) | ($177.0m) | ($175.0m) | ($340.8m) | |
| Net Investment Purchase And Sale | — | — | — | ($2.5m) | $0 | ($150.0m) | $0 | |
| Purchase Of Investment | — | — | — | ($2.5m) | $0 | ($150.0m) | $0 | |
| Issuance Of Debt | — | — | — | $581.1m | $469.5m | $1.3b | $2.8b | |
| Long Term Debt Issuance | — | — | — | $581.1m | $469.5m | $1.3b | $2.8b | |
| Net Issuance Payments Of Debt | — | — | — | $405.5m | $416.1m | $722.2m | $2.3b | |
| Net Long Term Debt Issuance | — | — | — | $405.5m | $416.1m | $722.2m | $2.3b | |
| Long Term Debt Payments | — | — | — | ($175.6m) | ($53.4m) | ($587.7m) | ($539.5m) | |
| Repayment Of Debt | — | — | — | ($175.6m) | ($53.4m) | ($587.7m) | ($539.5m) | |
| Common Stock Issuance | — | — | $2.6b | $248.0m | $0 | $0 | — | |
| Net Common Stock Issuance | — | — | $2.6b | $248.0m | $0 | $0 | — | |
| Common Stock Payments | — | — | ($4.6m) | $0 | $0 | — | — | |
| Net Other Financing Charges | — | — | ($47.5m) | ($4.0m) | — | — | — | |
| Foreign exchange rate changes on cash and cash equivalents | ($15.3m) | ($101.1m) | $104.4m | $184.2m | $236.7m | $466.1m | $369.5m | |
| Effect Of Exchange Rate Changes | — | — | — | $184.2m | $236.7m | $466.1m | $369.5m | |
| Increase (decrease) in cash and cash equivalents | — | $1.2b | $257.5m | $1.3b | $1.5b | $2.8b | $5.4b | |
| Cash and cash equivalents - beginning of the year | $1.2b | $2.3b | $2.7b | $4.2b | $5.9b | $9.2b | $15.0b | |
| Change In Cash Supplemental As Reported | — | — | — | $1.3b | $1.5b | $2.8b | $5.4b | |
| Interest paid | ($15.6m) | ($6.2m) | ($9.1m) | ($30.9m) | ($82.9m) | ($88.1m) | ($92.3m) | |
| Income tax paid | ($3.5m) | ($7.9m) | ($52.3m) | ($297.1m) | ($612.4m) | ($1.3b) | ($1.6b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.