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Stock impact report

XP Inc. Provides First Quarter 2020 KPIs & Hosts Web Meeting

XP Inc. - Class A (XP) 
Company Research Source: GlobeNewswire
SÃO PAULO, Brazil, April 15, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today selected key retail performance indicators (KPIs) and operating metrics for the first quarter ended March 31, 2020. The presented information is unaudited, reflects XP´s management’s current views and is subject to revision. 1Q20 KPIs Total AUC of R$366 billion as of March 31, 2020Active Clients (‘000)1 surpassed the mark of 2 million, increasing 18% QoQNPS, a widely known survey methodology used to measure customer satisfaction, reached 72 in March 20201Q20 Gross Revenue is expected to increase 60% YoY reaching more than R$1.6 billion21Q20 Adjusted Net Margin is expected to increase 4pp YoY to 22%2 Note: for additional disclosure regarding these results please see XP’s presentation which was filed as a 6K and can be viewed on the investor relations website Show less Read more
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