New Street Research - DLOCAL LTD (DLO) DLO US (BUY, TP: $14, +90%) Q2 24: Quick Take - Sequential gross profit improvement a good start

Report

New Street Research

Soomit Datta

EUR 8957.00 For Business Accounts Only

DLO US (BUY, TP: $14, +90%) Q2 24: Quick Take - Sequential gross profit improvement a good start

After a tough Q1, DLO reported numbers which showed a nice sequential improvement in gross profit (+11%) and came in ahead of our estimates.

14/08/2024 1 EN

Underlying

DLOCAL LTD

See profile

KYG290181018 Uruguay

Provider

New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

See profile

Analysts

Soomit Datta

Other Reports on these Companies

GlobeNewsWire

dLocal appoints Carlos Menendez as Chief Operating Officer

dLocal appoints Carlos Menendez as Chief Operating Officer dLocal strengthens leadership team with the appointment of Carlos Menendez as new COO and ongoing service of Jacobo Singer as Board Member following a transition period MONTEVIDEO, Uruguay, Sept. 06, 2024 (GLOBE NEWSWIRE) -- , a leading cross-border payment platform specializing in high-growth markets, announces the appointment of Carlos Menendez as Chief Operating Officer (COO), effective immediately. Jacobo Singer, who currently serves as COO and Co-President, will continue to serve in both roles during a transition period unt...

September 6, 2024 September 6, 2024 1 EN

GlobeNewsWire

dLocal Reports 2024 Second Quarter Financial Results

dLocal Reports 2024 Second Quarter Financial Results Second Quarter 2024US$6.0 billion Total Processed Volume, up 38% year-over-year and 14% quarter-over-quarterRevenue of US$171 million, up 6% year-over-year and down 7% quarter-over-quarter100% Net Revenue Retention RateGross Profit of US$70 million, down 1% year-over-year and up 11% quarter-over-quarterAdjusted EBITDA of US$43 million, down 18% year-over-year and up 16% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB. MONTEVIDEO, Uruguay, Aug. 14, 2024 (GL...

August 14, 2024 August 14, 2024 1 EN

NSR Policy: It’s the Election, Stupid (or Is It?): Comparing Harris and Trump on Leadership

This fifth note evaluates the nature of leadership, particularly at the FCC, the FTC and the DOJ, and how that plays into the likely policy outcomes.

EUR 8957.00

September 27, 2024 September 27, 2024 1 EN

Jonathan Chaplin

Jonathan Chaplin

Altice Pre-3Q24 Model Update

This report covers changes to our model to incorporate recent management commentary at investor conferences. We have increased broadband losses estimate. We also lowered revenue and EBITDA slightly. The company needs to stabilize EBITDA and reduce leverage. Progress on the first remains sluggish and the second won’t be easy. We remain on the sidelines.

EUR 8957.00

September 27, 2024 September 27, 2024 1 EN

Jonathan Chaplin

Jonathan Chaplin

T-Mobile selling 3.45GHz portfolio

We just learned that T-Mobile is selling the remainder of its 3.45GHz portfolio to Columbia Capital. The transaction was filed with the FCC 10 days ago; we just picked up on it. This follows a swap in which T-Mobile got 2.5GHz licenses in exchange for some of its 3.45GHz licenses back in May. T-Mobile is now out of 3.45GHz entirely. Our quick thoughts in this very brief note.

EUR 8957.00

September 27, 2024 September 27, 2024 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

DLO US (BUY, TP: $14, +90%) Q2 24: Quick Take - Sequential gross profit improvement a good start

dLocal appoints Carlos Menendez as Chief Operating Officer

dLocal Reports 2024 Second Quarter Financial Results

NSR Policy: It’s the Election, Stupid (or Is It?): Comparing Harris and Trump on Leadership

Altice Pre-3Q24 Model Update

T-Mobile selling 3.45GHz portfolio

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe