Nu Holdings Ltd. (NU) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening, ladies and gentlemen. Welcome to New Holdings Conference call to discuss the results for the fourth quarter of 2025. A slide presentation is accompanying today's webcast, which is available in New's Investor Relations website, www.investors.new in English and www.investidores.nu in Portuguese. This conference is being recorded and the replay can also be accessed on the company's IR website. This call is also available in Portuguese. To access, you can press the globe icon on the lower right side of your Zoom screen and then choose to enter the Portuguese room. After that, select Mute Original Audio. Para acessar nossa conferência em português, clique no ícone do globo ao lado inferior direito da sua tela zoom e selecione a opção Portuguese Room. Ao acessar a nova sala, certifique-se de mutar o áudio original. Please be advised that all participants will be in a listen-only mode. You may submit online questions at any time today using the Q&A box on the webcast. I would now like to turn the call over to Mr. Guilherme Souto, Investor Relations Officer at Newt Holdings. Mr. Souto, you may proceed. Thank you, operator, and thank you, everyone, for joining our earnings call today. With me on today's call are David Valles, our founder, Chief Executive Officer and Chairman, and Guilherme Lago, our Chief Financial Officer. Starting with this quarter's result, we're introducing a new managerial reporting framework, including managerial indicators and our managerial P&L. All financial metrics discussed and presented today reflect this framework. Lago will provide additional details during his presentation. These managerial measures are important to how we manage the business, but are not financial measures as defined under IFRS and may not be comparable to other ...