The earnings call highlighted significant growth in TPV and gross profit, driven by strong cross-border performance and new integrations. However, challenges in the Brazilian market and decreased net income due to currency issues and finance costs were noted. The company's innovations and robust pipeline indicate a positive outlook, despite some current challenges.

Company Guidance

During the third quarter 2024 earnings call for dLocal, the company highlighted a significant reacceleration in total payment volume (TPV) to over 40% year-over-year, surpassing the $3 billion mark in cross-border flows for the first time. Despite challenges in certain markets like Brazil, dLocal achieved a record gross profit of $78 million with stable net take rates at 1.2%. The adjusted EBITDA reached $52 million, showcasing operational leverage with a 67% margin over gross profit. The company also reported strong cash generation with net cash from operating activities, excluding merchant funds and minus CapEx, amounting to $26 million, reflecting a nearly 100% cash conversion to net income. The guidance remains unchanged, with expectations for a seasonal lift in Q4 due to commerce volumes and Black Friday activities.

Record TPV and Gross Profit

Achieved a record total payment volume (TPV) of $6.5 billion, up 41% year-over-year and 8% quarter-over-quarter. Gross profit reached a record of $78 million, up 5% year-over-year.

Strong Cross-Border Performance

Cross-border flows grew 12% quarter-over-quarter and 35% year-over-year, reaching $3 billion in TPV.

Robust Pipeline and New Integrations

Successfully integrated major players including MoneyGram and expanded operations with a main Asian commerce player, enhancing capabilities in Latin America, Africa, and Asia.

Cash Generation and Liquidity

Net cash from operating activities, excluding merchant funds, minus CapEx accounted for $26 million, with a strong liquidity position of $320 million.

Innovative Product Developments

Launched smart requests functionality, new alternative payment methods, and a stand-alone payment orchestration option to improve transaction performance and merchant offerings.

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DLocal (DLO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DLO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 17, 2025	2024 (Q4)	0.14 / -	0.1	―	―	―
Nov 13, 2024	2024 (Q3)	0.11 / 0.09	0.13	-30.77% (-0.04)
Aug 14, 2024	2024 (Q2)	0.09 / 0.15	0.15	0.00% (0.00)
May 14, 2024	2024 (Q1)	0.12 / 0.06	0.11	-45.45% (-0.05)
Mar 18, 2024	2023 (Q4)	0.15 / 0.10	0.06	66.67% (+0.04)
Nov 21, 2023	2023 (Q3)	0.15 / 0.13	0.1	30.00% (+0.03)
Aug 15, 2023	2023 (Q2)	0.13 / 0.15	0.1	50.00% (+0.05)
May 17, 2023	2023 (Q1)	- / -	0.08	―
Apr 05, 2023	2022 (Q4)	0.11 / 0.11	0.08	37.50% (+0.03)
Nov 14, 2022	2022 (Q3)	0.11 / 0.10	0.06	66.67% (+0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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DLO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 13, 2024	$9.04	$10.20	+12.83%
Aug 14, 2024	$7.76	$8.03	+3.48%
May 14, 2024	$13.58	$10.00	-26.36%
Mar 18, 2024	$18.18	$15.00	-17.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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