Nov 14, 2024 / 01:00PM GMT
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Unidentified Company Representative_1
With set excluding this impact, expenses would have been 14% higher than in the third quarter of '23. The main reasons for that growth are the following. We do have seasonal impacts coming from personnel and, and, and charges with the adjustment of annual salary and benefits. As as as you know, during the second half of the year, we had a growth in data processing with the acceleration of projects during the period, expenses that are, that are directly related to revenue growth.
So I'm talking about here, expenses associated with incentives and programs for for instance, the Bitcoin future and the Treasury direct. So expenses that have grown but as a result of growth that we have seen in revenues and we also had some extraordinary expenses related to consultancy projects for some strategic projects that we have.
I think it is worth
Q3 2024 B3 SA Brasil Bolsa Balcao Earnings Call Transcript
Nov 14, 2024
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