XP Inc

Launch date

2001

Employees

5001-10000 people

Market cap

Enterprise valuation

€9.9b (Public information from Sep 2024)

São Paulo São Paulo (HQ)

https://www.xpinc.com/en/

https://www.linkedin.com/company/11794476/

Revenues, earnings & profits over time

BRL	2020	2021	2022	2023	2024	2025	2026
Revenues	5.0b	6.2b	5.9b	6.5b	17.2b	19.8b	22.6b
% growth	40 %	24 %	(4 %)	10 %	164 %	15 %	14 %
EBITDA	(407m)	(1.7b)	(3.3b)	(3.4b)	6.0b	6.8b	7.8b
% EBITDA margin	(8 %)	(27 %)	(56 %)	(53 %)	35 %	35 %	34 %
Profit	2.1b	3.6b	3.6b	3.9b	4.5b	5.1b	5.7b
% profit margin	41 %	58 %	60 %	60 %	26 %	26 %	25 %
EV / revenue	15.8x	19.0x	8.5x	11.5x	3.4x	2.9x	2.5x
EV / EBITDA	-195.2x	-71.0x	-15.3x	-21.8x	9.8x	8.3x	7.2x

Date	Investors	Amount	Round
Dec 2019*	N/A	N/A	IPO
Dec 2021*	N/A	N/A	Post IPO Equity
Nov 2023*	N/A	$185m	Secondary
Jun 2024*	Citi Goldman Sachs Bank of America JP Morgan Bradesco BBI Itaú BBA	$500m	Post IPO Debt
Total Funding		-

exited

Capitânia Investimentos

exited

ACQUISITION by XP Inc Jun 2023