reports
dLocal announces appointment of Independent Board Member
dLocal announces appointment of Independent Board Member MONTEVIDEO, Uruguay, June 23, 2025 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology-first payments platform, today announced the appointment of Will Pruett as an Independent Board Member and well as a member of our Audit Committee, effective July 1, 2025. With his extensive expertise in capital markets and emerging markets, Mr. Pruett will play a key role in strengthening the Board’s ability to guide dLocal’s growth and scalability. “We are thrilled to welcome Will Pruett to our Board ...
dLocal Reports 2025 First Quarter Financial Results
dLocal Reports 2025 First Quarter Financial Results Record highs across key financial and operational metrics.TPV milestone of US$8 billion, +53% YoY and +5% QoQ. In constant currency, TPV increased +72% YoY.Revenue and gross profit record highs of US$217 million and US$85 million. Continued geographic diversification.Adjusted EBITDA of US$58 million, with Adjusted EBITDA/Gross Profit at 68%, demonstrating our ability to scale efficiently.Strong cash flow, with free cash flow to net income conversion at 85%, reinforcing cash generating financial model. MONTEVIDEO, Uruguay, May 14, 2025 (...
dLocal to Report First Quarter 2025 Financial Results
dLocal to Report First Quarter 2025 Financial Results MONTEVIDEO, Uruguay, April 17, 2025 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its first fiscal quarter ended March 31, 2025 on May 14, 2025 after market close. The Company will host a conference call and video webcast on May 14, 2025 at 5:00 p.m. Eastern Time. Please to pre-register for the conference call and obtain your dial ...
dLocal Announces CFO Transition due to Health Reasons
dLocal Announces CFO Transition due to Health Reasons MONTEVIDEO, Uruguay, March 25, 2025 (GLOBE NEWSWIRE) -- dLocal (Nasdaq: DLO), a leading cross-border payments platform, announced today that Mark Ortiz will step down from his role as Chief Financial Officer due to an unforeseen health issue that requires attention. The transition will take effect once the company has filed its annual report on Form 20-F including the 2024 annual audited financial statements (and in any event, no later than May 1, 2025). The Board of Directors has appointed Jeffrey Brown, who currently serves as VP Fi...
dLocal Reports 2024 Fourth Quarter Financial Results
dLocal Reports 2024 Fourth Quarter Financial Results Full Year 2024 resultsUS$25.6 billion Total Payment Volume, up 45% year-over-yearRevenue of US$746 million, up 15% year-over-year113% Net Revenue Retention RateGross Profit of US$295 million, up 6% year-over-yearAdjusted EBITDA of US$189 million, down 7% year-over-year Fourth Quarter 2024 US$7.7 billion Total Payment Volume, up 51% year-over-year and 18% quarter-over-quarter Revenue of US$204 million, up 9% year-over-year and 10% quarter-over-quarter 106% Net Revenue Retention Rate Gross Profit of US$84 million, up 20% year-over-year...
dLocal Refutes Short-Seller Allegations and Reconfirms Independent Inv...
dLocal Refutes Short-Seller Allegations and Reconfirms Independent Investigations were Carried Out. MONTEVIDEO, Uruguay, Feb. 20, 2025 (GLOBE NEWSWIRE) -- dLocal Limited (Nasdaq: DLO), a leading technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets deems the allegations made in a recent short-seller report to be inaccurate and misleading, and made by interested parties who profit from the Company’s stock price falling. Any suggestion that the Company failed to properly investigate identical or similar allegatio...
dLocal to Report Fourth Quarter 2024 Financial Results
dLocal to Report Fourth Quarter 2024 Financial Results MONTEVIDEO, Uruguay, Feb. 03, 2025 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its fourth fiscal quarter ended December 31, 2024 on February 27, 2025 after market close. The Company will host a conference call and video webcast on February 27, 2025 at 5:00 p.m. Eastern Time. Please to pre-register for the conference call and obt...
- Soomit Datta
dLocal Reports 2024 Third Quarter Financial Results
dLocal Reports 2024 Third Quarter Financial Results Third Quarter 2024Robust TPV growth, up 41% YoY and 8% QoQ, driven by strong performance across various verticals and countriesRecord gross profit reaching $78M in the quarter, with net take rate stable at 1.2% since Q1 2024Operating leverage expansion for the 2nd consecutive quarter, with Adjusted EBITDA over gross profit margin reaching 67% in Q3 2024 (+6 p.p. QoQ) dLocal reports in US dollars and in accordance with IFRS as issued by the IASB MONTEVIDEO, Uruguay, Nov. 13, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal”, “we”, “us”,...
dLocal to Report Third Quarter 2024 Financial Results
dLocal to Report Third Quarter 2024 Financial Results MONTEVIDEO, Uruguay, Oct. 15, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its third fiscal quarter ended September 30, 2024 on November 13, 2024 after market close. The Company will host a conference call and video webcast on November 13, 2024 at 6:00 p.m. Eastern Time. Please to pre-register for the conference call and obta...
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...
- Soomit Datta
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$43 million, down 18% year-over-year and up 16% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB. MONTEVIDEO, Uruguay, Aug. 14, 2024 (GL...
dLocal to Report Second Quarter 2024 Financial Results
dLocal to Report Second Quarter 2024 Financial Results MONTEVIDEO, Uruguay, July 22, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its second fiscal quarter ended June 30, 2024 on August 14, 2024 after market close. The Company will host a conference call and video webcast on August 14, 2024 at 5:00 p.m. Eastern Time. Please to pre-register for the conference call and obtain your...
- Soomit Datta
LatAm Fintech into Q2s: FX, rates and Mexico in focus: MELI/NU/DLO/PAG...
It’s a difficult reporting season for US$ reporters when regional FX slips so much: sell-side is generally slow to update (and often updates the immediate quarter, but not FYs). We see FY 24 needing to come down at NU (Neutral) and MercadoLibre (Neutral). DLO (BUY) is also exposed though a Q2 share price collapse, significant de-rating as well as a better H2 should underpin the stock.
- Soomit Datta
- Soomit Datta
dLocal Reports 2024 First Quarter Financial Results
dLocal Reports 2024 First Quarter Financial Results First Quarter 2024US$5.3 billion Total Payment Volume, up 49% year-over-year and 4% quarter-over-quarterRevenue of US$184 million, up 34% year-over-year and down -2% quarter-over-quarter129% Net Revenue Retention RateGross Profit of US$63 million, up 2% year-over-year and down -10% quarter-over-quarterAdjusted EBITDA of US$37 million, down -19% year-over-year and -25% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB MONTEVIDEO, Uruguay, May 14, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (...
dLocal to Report First Quarter 2024 Financial Results
dLocal to Report First Quarter 2024 Financial Results MONTEVIDEO, Uruguay, April 23, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its first fiscal quarter ended March 31, 2024 on May 14, 2024 after market close. The Company will host a conference call and video webcast on May 14, 2024 at 5:00 p.m. Eastern Time. Please to pre-register for the conference call and obtain your dial ...
- Soomit Datta
DLO US (Buy, TP: $22, +33%) dLocal - CEO Pedro Arnt Call Notes & Repl...
We hosted a call with CEO Pedro Arnt earlier this week. Numbers are resetting after the Q4s, pulling back to within the new guide range, with shifts in settlement and profitability due to FX (Argentina, Egypt) compressing gross margins. We have cut 2024 GP by 12% (6% in 2025) and our target from $24 to $22; Argentina is now just 6% of group gross profit in 2024 (upside optionality at this point).
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