So, we see nothing negative. If anything, having the customers we have, having the products we have, having the footprint we have in the geographies what we operate makes us extremely, extremely bullish. And again, we believe the guidance reflects a 50% growth, 40% growth in EBITDA, which is a really positive, we believe it’s a great place to be.
Andrew Bauch: No, I appreciate that. I think just everybody is trying to €“ if you’re saying you’re managing the business to absolute gross profit dollars growth, we’re trying to think about it in the same way. Thinking about the conversations what you’re having with incremental logos, it’s nice to see some additional big names with Meta and Salesforce. I mean, how much more big names are out there or marquee logos that you may or may not be in discussions with in the months and quarters ahead? And how can you talk and characterize their ambitions in emerging markets, particularly as we get out in this current macro situation?
Sebastian Kanovich: Sure. Andrew, thank you again for the question. We have a very deep pipeline and having a healthy pipeline is always a function of having more product to sell to those customers. We see product and geographies as touch points. There’s more things we can go and discuss with our customer base. We are very proud of the logos we have, but we are also very cautious €“ we are very conscious about those are still not our customers. We are very commercially oriented organization. So, we know who those customers are. And we want to be able to onboard them. The other thing that has happened is that, as we’ve opened new geographies, whole new verticals have opened up for that we didn’t see coming. And that’s €“ if anything, a huge opportunity.
On the macro side, obviously, you guys will have a much better view on the macro front than we do. What we understand from our own conversations and many of these is anecdotal, is that customers understand that emerging markets are important. They’re finding a lot of their growth. So, the growth they’re not finding in the U.S. and in Europe, they’re finding in emerging markets. There’s obviously an environment where some of them have less resources to invest on this and therefore need to rely more on services like ours. We’ve seen payments since becoming smaller. And that’s obviously, can be a challenge, but most importantly, it’s an opportunity. We want merchants to rely more and more on our infrastructure we believe emerging markets are here to stay and are here to stay and are going to be the driver of growth for many of our merchants and we are indexed to it.
Andrew Bauch: Great. Best of luck in the New Year. Thank you very much.
Operator: Thank you. One moment for our next question. Our next question comes from Kaio Prato with UBS. Your line is open.
Kaio Prato: Hi everyone, good morning. Thank you, Seba for the opportunity to ask questions and all the team. So, on our side here, I have a question related to the guidance for 2023. When you look to your guidance for adjusted EBITDA and revenues, we see that the bottom of the guidance of EBITDA could imply an EBITDA margin of 31% for 2023 at the bottom of the guidance, which would be way below the adjusted EBITDA that you reported for 2022 around 6 percentage points below? I just wonder if you could please share with us the dynamic behind that. What should be the drivers for that? Just trying to understand if this could be much more related to costs and gross profit margin contraction that I think you already mentioned this call or this is much more related to a potential increase in expenses? And what should be the drivers for that? Thank you.
