New Street Research - DLOCAL LTD (DLO) DLO US (Buy, TP: $24, +33%) dLocal Q4s Quick Take: Argentina drives Q4 miss, and probably isnt helping the 2024 guide

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New Street Research

Soomit Datta

EUR 9605.00 For Business Accounts Only

DLO US (Buy, TP: $24, +33%) dLocal Q4s Quick Take: Argentina drives Q4 miss, and probably isn't helping the 2024 guide

dLocal reported Q4 numbers which while ahead at the TPV and gross revenue level, missed quite materially at gross profit.

19/03/2024 1 EN

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DLOCAL LTD

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KYG290181018 Uruguay

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New Street Research

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Pan European Telecom Services and Cable

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Analysts

Soomit Datta

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DLO US (Buy, TP: $24, +33%) dLocal Q4s Quick Take: Argentina drives Q4 miss, and probably isn't helping the 2024 guide

DLO US (BUY, TP: $14, +50%) Q3 24 - Another nice GP beat; upbeat into FY 25

dLocal Reports 2024 Third Quarter Financial Results

dLocal to Report Third Quarter 2024 Financial Results

OpenAI: o3 is a game changer - a few steps away from AG. After the $1bn-to-train model, the $1m-inference model.

Airtel Africa (Buy, TP: GBp200, +85%) Second share buyback program

Takeaways from our conversation with VerticalScope (FORA-TO, Not rated)

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