DLocal Limited reports developments for a cross-border payments and financial infrastructure platform that connects global enterprise merchants with emerging-market consumers and local payment cultures. Its One dLocal model uses one API, one platform and one contract to support payment acceptance, payouts and global settlement without multiple local integrations.
Recurring updates include quarterly and annual financial results, total payment volume, revenue, gross profit, adjusted EBITDA, cash generation, dividends, merchant and market expansion, and partnerships using local payment rails. Company news also covers governance changes, board committee structure, secondary offering activity and legal matters tied to securities disclosures.
dLocal reported significant growth in its third quarter of 2022, achieving US$2.7 billion in Total Payment Volume (TPV), a 51% increase year-over-year, and US$112 million in revenues, up 63% from the prior year. The company maintained a remarkable 152% Net Revenue Retention Rate and an adjusted EBITDA margin of 37%. Notably, revenues from Africa and Asia soared 312% year-over-year. dLocal's robust financial performance is attributed to strategic geographic expansion and diversification across various sectors.
dLocal announces expanded partnership with Deel, enhancing payment solutions across 19 countries.
Since February 2020, dLocal has facilitated seamless payouts for Deel, achieving over 700 payment methods and a delivery rate exceeding 99.97%. This partnership has enabled rapid scaling into new markets, including Brazil, Colombia, Mexico, and several others in Asia and Latin America.
Deel's mission to simplify global hiring aligns with dLocal's capabilities, promising faster and more cost-effective payment operations as they continue to grow together.
DLocal Limited (NASDAQ: DLO) announced it will release its financial results for Q3 2022, ending September 30, on November 14, 2022, after market close. A conference call and video webcast are scheduled for November 15, 2022, at 8:30 a.m. ET. The company operates a payments platform that connects global merchants with consumers in emerging markets across various regions, including APAC, the Middle East, Latin America, and Africa. DLocal emphasizes a unified approach through its 'One dLocal' concept, streamlining payment processing for international enterprises.
Pecan AI reported remarkable growth in H1 2022, with a 150% increase in Annual Recurring Revenue (ARR) and a 121% rise in customer count. The platform, designed for business teams, now generates over a billion predictions monthly, impacting billions in revenue. Key hires include Chris Sweeney and Danielle Gotkis. This growth reflects a growing demand for data science capabilities amidst complex macroeconomic conditions, enabling clients to leverage first-party data for strategic decision-making.
dLocal reported robust second-quarter results for 2022, achieving a Total Payment Volume (TPV) of US$2.4 billion, reflecting a 67% year-over-year increase. Revenues reached US$101.2 million, up 72% from the previous year, with an Adjusted EBITDA of US$38.2 million and a steady margin of 38%. The company continues to expand globally, with revenue from Africa and Asia increasing by 155%. dLocal also reported a strong financial position with US$454 million in cash as of June 30, 2022, indicating solid growth prospects.
DLocal Limited (NASDAQ: DLO) announced it will release its financial results for the second quarter ended June 30, 2022, on August 22, 2022, after market close. A conference call and video webcast will follow on August 23, 2022, at 9:00 a.m. ET. DLocal facilitates local payments in emerging markets, connecting global merchants with billions of consumers across regions like APAC, Latin America, and Africa. The company streamlines payment processing through a unified API and platform, removing the complexity of managing multiple local entities.
dLocal has expanded its payment services to Ivory Coast and Rwanda, increasing its presence to 12 African countries and a total of 37 emerging markets globally. The platform enables merchants to accept major mobile money systems like Orange Money and MTN, reaching millions of users. Additionally, international merchants can process local Visa and Mastercard debit card payments. The 'One dLocal' concept offers streamlined integration with benefits including local currency payouts, single API access for existing clients, and a suite of AI-powered fraud management tools.
dLocal Limited (NASDAQ:DLO) reported strong Q1 2022 results, with Total Payment Volume (TPV) of US$2.1 billion, up 127% year-over-year. Revenue reached US$87.5 million, representing a 117% increase from the prior year. Adjusted EBITDA rose 84% to US$32.9 million, maintaining a 38% margin. Profit for the quarter was US$26.3 million, or US$0.08 per diluted share. dLocal expanded its services to 37 countries, launching in Ivory Coast and Rwanda, while Net Revenue Retention (NRR) hit 190%.
dLocal has launched dLocal Go, a new online platform designed for small and medium-sized businesses to process payments easily in emerging markets across Latin America, Africa, and Asia. This self-service tool enables businesses to accept over 700 payment methods in 35 countries, enhancing sales potential by allowing local currency transactions without the need for physical presence. The platform aims to simplify compliance and technical issues, providing secure payment experiences and reducing chargebacks through an integrated fraud prevention network.
DLocal Limited (NASDAQ:DLO) will announce its fiscal Q1 financial results for the period ending March 31, 2022, on May 17, 2022, after market close. A conference call for investors will be held on May 18 at 9:00 a.m. Eastern Time, allowing stakeholders to discuss the results and future outlook. DLocal is known for its technology-first payments platform enabling global merchants to connect with consumers in emerging markets across various regions, employing a unified API for seamless transactions.