XP Inc. Reports 2Q22 KPIs
SÃO PAULO--(BUSINESS WIRE)--
1. Investments
Assets Under Custody (in R$ billion)
*Concentrated custodies are custodies greater than |
Total AUC was
Total Net Inflow¹ (in R$ billion)
¹Concentrated custodies are custodies greater than |
On an adjusted basis, monthly net inflows averaged
Active Clients (in ‘000)
Active clients grew
IFA Network (in ‘000)
Our network reached 11.3 thousand IFAs in 2Q22, up
Retail Daily Average Trades² (million trades)
²Daily Average Trades, including Stocks, REITs, Options and Futures |
Retail DATs totaled 2.3 million in 2Q22, down
NPS (Net Promoter Score)
Our NPS, a widely known survey methodology used to measure customer satisfaction, was 76 in
2. New Verticals
Pension Funds (Individual Retirement Plans)
Total Pension Funds (Individual Retirement Plans) AUC³ (in R$ billion)
³Total Pension Funds AUC includes AUC from XP Vida e Previdência and from third party funds distributed in our platform. |
As per public data published by Fenaprevi, XPV&P continued with roughly
Total Individual Retirement Plans AUC was
Cards
Credit Card TPV (in R$ billion)
Total TPV reached
Active Cards (in ‘000)
Total active cards surpassed 383 thousand in 2Q22, a growth of
We officially launched our digital account and debit card mid-June, making it available to all credit card holders, and ended 2Q22 with 193 thousand active accounts. We expect the full experience of the credit card, combined with both debit card and digital account, to further enhance client journey, increasing both our share of wallet and share of spending.
Credit
Credit Portfolio4 (in R$ billion)
Our Credit portfolio reached
4This portfolio is net of credit loss provisions and does not include Intercompany and Credit Card related loans and receivables. |
Non-GAAP Measures
This release includes certain non-GAAP financial information We believe that such information is meaningful and useful in understanding the activities and business metrics of the Company’s operations. We also believe that these non-GAAP financial measures reflect an additional way of viewing aspects of the Company’s business that, when viewed with our International Financial Reporting Standards results, as issued by the
About XP
XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in
- Educating new classes of investors;
- Democratizing access to a wider range of financial services;
- Developing new financial products and technology applications to empower clients; and
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Providing high-quality customer service and client experience in the industry in
Brazil .
XP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," “aim,” "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc’s control. XP, Inc’s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.
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Antonio Guimarães
Investor Contact: ir@xpi.com.br
IR Website: investors.xpinc.com
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