Articles from DLocal Limited

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)

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.

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

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

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.

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

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.

Distinguished lawyer with deep expertise in corporate governance to join the Board of Directors and uphold highest standards of transparency and accountability for the firm.

Former General Electric executive with over three decades of experience to help dLocal with the financial strategy behind the company’s continuing global expansion

Full Year 2023 resultsUS$17.7 billion Total Payment Volume, up 67% year-over-yearRevenue of US$650 million, up 55% year-over-year150% Net Revenue Retention RateGross Profit of US$277 million, up 37% year-over-yearAdjusted EBITDA of US$202 million, up 32% year-over-year

MONTEVIDEO, Uruguay, March 07, 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 fourth fiscal quarter ended December 31, 2023 on March 18, 2024 after market close.

Third Quarter 2023US$4.6 billion Total Payment Volume, up 69% year-over-year and 6% quarter-over-quarterRevenue of US$164 million, up 47% year-over-year and 2% quarter-over-quarter141% Net Revenue Retention RateGross Profit of US$75 million, up 38% year-over-year and 5% quarter-over-quarterAdjusted EBITDA of US$56 million, up 34% year-over-year and 7% quarter-over-quarter

MONTEVIDEO, Uruguay, Oct. 30, 2023 (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, 2023 on November 21, 2023 after market close.

Second Quarter 2023US$4.4 billion Total Payment Volume, up 80% year-over-year and 22% quarter-over-quarterRevenue of US$161 million, up 59% year-over-year and 17% quarter-over-quarter148% Net Revenue Retention RateGross Profit of US$71 million, up 43% year-over-year and 14% quarter-over-quarterAdjusted EBITDA of US$52 million, up 36% year-over-year and 14% quarter-over-quarter

MONTEVIDEO, Uruguay, Aug. 15, 2023 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal,” the “Company,” “we,” “us,” and “our”) (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced that Pedro Arnt has been appointed as co-Chief Executive Officer and member of the Board of Directors of the Company, effective immediately, to serve as co-Chief Executive Officer alongside Sebastián Kanovich.

MONTEVIDEO, Uruguay, July 13, 2023 (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, 2023 on August 15, 2023 after market close.

MONTEVIDEO, Uruguay, June 15, 2023 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal,” the “Company,” “we,” “us,” and “our”) (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced that the Company had a constructive engagement with senior representatives of the Argentine federal government to discuss, among other matters, the manner in which dLocal operates in the country, including dLocal’s compliance with foreign exchange regulations. The government representatives understood the importance of the services that dLocal provides in Argentina, the way in which dLocal promotes financial inclusion in the country and appreciated dLocal’s proactive engagement and willingness to cooperate with applicable administrative and judicial authorities of Argentina.

MONTEVIDEO, Uruguay, June 07, 2023 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal,” the “Company,” “we,” “us,” and “our”) (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced that Sergio Fogel was appointed as Co-President and Chief Strategy Officer.

MONTEVIDEO, Uruguay, May 26, 2023 (GLOBE NEWSWIRE) -- dLocal Limited (“dLocal,” the “Company,” “we,” “us,” and “our”) (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets.

First Quarter 2023 US$3.6 billion Total Payment Volume, up 70% year-over-year and 8% quarter-over-quarter Revenue of US$137 million, up 57% year-over-year and 16% quarter-over-quarter 147% Net Revenue Retention Rate Gross Profit of US$62 million, up 42% year-over-year and 12% quarter-over-quarter Adjusted EBITDA of US$45 million, up 38% year-over-year and down 13% quarter-over-quarter

MONTEVIDEO, Uruguay, April 19, 2023 (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, today announced that it will host an Investor Day on Thursday, June 8, 2023, in New York City.

MONTEVIDEO, Uruguay, April 19, 2023 (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, 2023 on May 17, 2023 after market close.

Nuvemshop partners with dLocal to unlock local payment method challenges for small and medium-sized businesses

Full Year 2022US$10.6 billion Total Payment Volume, up 75% year-over-yearRevenue of US$419 million, up 72% year-over-year165% Net Revenue Retention RateGross Profit of US$202 million, up 55% year-over-yearAdjusted EBITDA of US$153 million, up 54% year-over-year