Ticker name:XP XP Inc.

Sector: FinanceSEC description: Security Brokers, Dealers & Flotation CompaniesCountry: Brazil

Last close 18.2$

Market Cap 9.4B

Base metrics

2020	2021	2022	2023	2024
0.6x 1.2B/2.1B	-1.2x -4.4B/3.6B	0.5x 1.7B/3.6B	2x 7.9B/3.9B	2.4x 11B/4.5B
0.7x 1.5B/2.1B	-1.1x -4B/3.6B	0.5x 1.8B/3.6B	2.1x 8.1B/3.9B	2.5x 11B/4.5B
30%	30%	20%	20%	30%
< 0 32B/-472M	< 0 28B/-1.7B	< 0 36B/-3.4B	< 0 69B/-3.6B	< 0 115B/-3.7B

2019	2020	2021	2022	2023
-3.7x -4B/1.1B	0.6x 1.2B/2.1B	-1.2x -4.4B/3.6B	0.5x 1.7B/3.6B	2x 7.9B/3.9B
-3.5x -3.8B/1.1B	0.7x 1.5B/2.1B	-1.1x -4B/3.6B	0.5x 1.8B/3.6B	2.1x 8.1B/3.9B
100%	30%	30%	20%	20%
103.3x 17B/166M	< 0 32B/-472M	< 0 28B/-1.7B	< 0 36B/-3.4B	< 0 69B/-3.6B

# Position	Ticker	Company Name	Market Cap	Last Price
1	MS	MORGAN STANLEY	256B	161.47$
2	GS	GOLDMAN SACHS GROUP INC	241B	813.53$
3	SCHW	SCHWAB CHARLES CORP	166B	94.66$
4	BLK	BlackRock, Inc.	149B	957.91$
5	HOOD	Robinhood Markets, Inc.	64B	70.89$
6	IBKR	Interactive Brokers Group, Inc.	29B	65.47$
7	RJF	RAYMOND JAMES FINANCIAL INC	28B	143.81$
8	SF	STIFEL FINANCIAL CORP	11B	70.77$
9	SEIC	SEI INVESTMENTS CO	9.5B	77.79$
10	XP	XP Inc.	9.4B	18.2$
11	FRHC	Freedom Holding Corp.	8.5B	138.76$
12	GLXY	Galaxy Digital Inc.	8.1B	20.72$
13	JEF	Jefferies Financial Group Inc.	7.9B	38.13$
14	VIRT	Virtu Financial, Inc.	6.4B	41.63$
15	MKTX	MARKETAXESS HOLDINGS INC	6.2B	174.01$
16	PIPR	PIPER SANDLER COMPANIES	5.2B	294.27$
17	MIAX	MIAMI INTERNATIONAL HOLDINGS, INC.	3.6B	39.1$
18	BULL	Webull Corp	2.6B	5.13$
19	ETOR	eToro Group Ltd.	2.4B	29.43$
20	WT	WisdomTree, Inc.	1.9B	13.24$