Welcome to our dedicated page for Dlocal news (Ticker: DLO), a resource for investors and traders seeking the latest updates and insights on Dlocal stock.
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 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.
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.
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.
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.
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.
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.
DLocal Limited (NASDAQ:DLO) has announced an underwritten public offering of 16,000,000 Class A common shares by certain selling shareholders. The offering is part of a registration statement filed with the SEC. Additionally, the selling shareholders may grant underwriters the option to purchase up to 2,400,000 more shares. J.P. Morgan, Goldman Sachs, Citigroup, and Morgan Stanley are the global coordinators for this offering. This announcement does not constitute an offer to sell or buy these securities until the registration becomes effective.
dLocal has launched its new Direct Issuing service, enabling merchants to issue branded prepaid cards for online and in-store shopping in local currencies. Vita Wallet, a Chilean fintech, is one of the first to adopt this service, enhancing customer experience for over 25,000 users. The cards facilitate faster and cheaper transactions compared to traditional banks. This solution is part of dLocal's comprehensive integration platform, allowing seamless fund management and payment approvals.
dLocal Limited (NASDAQ:DLO) reported strong financial performance for Q2 2021, with Total Payment Volume (TPV) reaching US$1.5 billion, a 319% increase year-over-year. Revenues soared to US$59.0 million, up 186% year-over-year, while the Adjusted EBITDA margin improved to 44%. The company's net income was US$17.7 million, including one-off costs associated with its IPO. As of June 30, 2021, dLocal held US$267.2 million in cash and equivalents, showing healthy liquidity and growth prospects as it expands its merchant base globally.
DLocal Limited (NASDAQ:DLO), a payments platform for emerging markets, plans to release its second fiscal quarter financial results for the period ending June 30, 2021, on August 18, 2021. An audio conference call will follow at 4:30 p.m. ET on the same day, with access via phone or webcast. DLocal connects global merchants with billions of consumers through a unified API and platform, simplifying payment processes across regions. Key risks and uncertainties affecting future performance are highlighted in their filings with the SEC.