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DLocal (DLO) Stock News, Oct 2021-Mar 2022

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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.

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dLocal has partnered with BigCommerce to enhance their payment capabilities in Latin America. This collaboration will enable BigCommerce merchants to accept local payments such as Boleto Bancário and Pix in Brazil and Oxxo in Mexico. This strategic move aims to support BigCommerce's expansion in the region, providing critical local payment options for both regional and existing EU and U.S. merchants. The partnership aligns with BigCommerce’s recent announcement of expanding its operations in Mexico, with an official inauguration set for March 24, 2022.

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dLocal Limited (NASDAQ:DLO) reported impressive financial results for the fourth quarter and full year 2021. The total payment volume (TPV) reached US$6.0 billion, a remarkable 193% increase year-over-year. Revenues surged to US$244.1 million, up 134%, with a 41% adjusted EBITDA margin. In Q4 alone, TPV hit US$1.9 billion and revenues reached US$76.3 million, marking 120% growth. Net retention rate was 198% for Q4 and 219% for the year. dLocal's expansion into 35 countries and a 73% increase in employee count underscore its growth trajectory.

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DLocal Limited (NASDAQ:DLO) announced it will release its fourth fiscal quarter financial results for the period ending December 31, 2021, on March 14, 2022, after market close. A conference call and video webcast are scheduled for March 15, 2022, at 8:30 a.m. Eastern Time, accessible via phone or through their investor relations website. DLocal specializes in enabling global enterprise merchants to connect with consumers in emerging markets through a unified payments platform, streamlining transactions across various regions, including APAC, the Middle East, Latin America, and Africa.

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dLocal has partnered with Arcos Dorados to enhance payment processing in Uruguay, facilitating in-app purchases for food delivery through the McDonald's app. This collaboration aims to support the growing digital economy and streamline user experiences for customers utilizing credit and debit cards. By utilizing dLocal's expertise, Arcos Dorados is looking to improve convenience and expand its food delivery services, capitalizing on market growth.

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dLocal Limited (NASDAQ:DLO) reported robust third-quarter results for 2021, achieving a Total Payment Volume (TPV) of US$1.8 billion, a remarkable 217% year-over-year increase. Revenues surged to US$68.6 million, marking a 123% growth. However, the Adjusted EBITDA Margin decreased to 38%, down 228 bps from the previous year. Profit reached US$19.7 million or US$0.06 per diluted share, compared to US$8.6 million or US$0.03 per share a year ago. dLocal continues to expand its footprint, adding Thailand and El Salvador, now serving 32 countries.

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dLocal reported robust financial results for Q3 2021, with Total Payment Volume (TPV) reaching US$1.8 billion, a 217% increase year-over-year. Revenues soared to US$68.6 million, reflecting a 123% growth. The Adjusted EBITDA Margin stood at 38%, though down from the previous year. Profit attributable to equity holders was US$19.7 million, equating to US$0.06 per diluted share. dLocal added Thailand and El Salvador to its service network, expanding its reach to 32 countries.

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DLocal Limited (NASDAQ:DLO) has completed an underwritten public offering of 17 million Class A common shares at a price of $52.25 per share, involving selling shareholders. An additional option for underwriters to purchase up to 2.55 million shares at the same price has been granted. Major financial institutions including J.P. Morgan and Goldman Sachs coordinated the offering. This announcement emphasizes dLocal's role in facilitating local payments in emerging markets through its unified platform, connecting global merchants with consumers across 30 countries.

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DLocal Limited (NASDAQ:DLO) plans to announce its financial results for Q3 2021, which ended on September 30, 2021, on November 16, 2021. The company facilitates payments in emerging markets, connecting global merchants with local consumers in regions such as APAC, the Middle East, Latin America, and Africa. Following the announcement, a conference call will be held on November 16 at 4:30 p.m. ET, where interested parties can participate via dialing or through a webcast available on their investor relations website.

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dLocal Limited announced a public offering of 17,000,000 Class A common shares at a price of $52.25 per share, set to close around October 25, 2021. The offering is conducted by selling shareholders under a registration with the SEC. An option for underwriters to purchase an additional 2,550,000 shares is also available. Major banks involved in the offering include J.P. Morgan, Goldman Sachs, Citigroup, and Morgan Stanley. The company connects global merchants with consumers across emerging markets.

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dLocal Limited (NASDAQ:DLO) reported preliminary financial results for Q3 2021, projecting a total payment volume (TPV) of $1.78 to $1.80 billion, up 211%-215% from $572 million in Q3 2020. Revenue is expected between $67 million and $68 million, reflecting a growth of 116.8%-120.1%. Adjusted EBITDA is estimated at $25 million to $26 million, a growth of 100%-108%. However, the Adjusted EBITDA Margin decreased to 37.3%-38.2% compared to 44% in Q2 2021, attributed to increased volumes and continued investments. Profit is projected at $18 million to $19 million, a 109.3%-120.9% increase from $8.6 million in Q3 2020.

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FAQ

What is the current stock price of DLocal (DLO)?

DLocal (DLO) last closed at $14.77.

What is the market cap of DLocal (DLO)?

The market cap of DLocal (DLO) is approximately $4.3B.