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Stock research / United States / NU / Year to 31 December 2023

Nu Holdings Ltd. (NU) annual results, year to 31 December 2023: revenue USD 8,029 million, from the 20-F

Nu Holdings Ltd. files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2023 it reported revenue of USD 8,029 million, up 67.5% on the year before. Its profit attributable to shareholders was USD 1,031 million, and diluted earnings per share USD 0.21.

The year to 31 December 2023, against the year before

Year toDec 2022 †Dec 2023 †
Revenue4,7928,029
Gross profit1,6633,491
Profit before tax-3091,539
Income tax55.7509
Profit for the year-3651,031
Profit attributable to shareholders-3651,031
Filing20-F20-F

USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.

Year toDec 2022 †Dec 2023 †
Diluted EPS-0.080.21
Basic EPS-0.080.22
Filing20-F20-F

USD per ordinary share, as filed.

Cash flow

Year toDec 2022 †Dec 2023 †
Cash from operations7561,266
Filing20-F20-F

USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.

Balance sheet at year end

Year toDec 2022 †Dec 2023 †
Total assets29,93543,345
Equity attributable to shareholders4,8916,406
Cash and cash equivalents4,1725,923
Borrowings, as filed5861,136
Trade and other receivables4,2366,297
Goodwill397398
Filing20-F20-F

USD million, at each fiscal year end.

Ratios on the filed lines

Year toDec 2022 †Dec 2023 †
Gross margin34.7%43.5%
Net margin-7.6%12.8%
Return on year-end equity-7.5%16.1%
Effective tax raten/a33.0%
Filing20-F20-F

Arithmetic on the filed lines of the same year.

Every annual report here

Source

20-F for the year to 31 December 2023, filed 8 April 2026, accession 0001292814-26-002166: the filing on EDGAR. All of Nu Holdings Ltd.'s filings: EDGAR company page. The figures are in US dollars as filed.

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