Maria Oldham Thank you, Seba. Hi, everyone. During Q1 2023, we significantly grew our business in our top 10 merchants. In Q1 2023, our revenue from our top 10 merchants reached $80 million versus $45 million a year ago. Our top 10 merchant concentration actually increased in Q1 2023 because we delivered very rapid growth among our top 10 in which 2 merchants newly entering the top 10 list. We work extremely closely for our merchants. During Q1 2023, our top 10 margins on average processed payments [indisce ...

Adjusted EBITDA Reconciliation of Profit to Adjusted EBITDA | --- | --- | --- | |----------------------------------------------|---------|---------------------------------------| | $ in thousands | 2023 | Three months ended 31 of March \n2022 | | Profit for the period | 35,450 | 26,273 | | Income tax expense | 4,281 | 1,213 | | Depreciation and amortization | 2,515 | 1,723 | | Finance income and costs, net | (1,391) | 1,293 | | Share-based payment non-cash charges | 2,329 | 2,034 | | Secondary offering expe ...

DLocal Limited (NASDAQ:DLO) Q4 2022 Earnings Conference Call April 5, 2023 8:00 AM ET Company Participants Soledad Nager - Head of Investor Relations Sebastian Kanovich - Chief Executive Officer Maria Oldham - Vice President of Corporate Development and Investor Relations Jacobo Singer - President and Chief Operating Officer Diego Cabrera Canay - Chief Financial Officer Conference Call Participants Tito Labarta - Goldman Sachs Jorge Echevarria - Morgan Stanley Jason Kupferberg - Bank of America Neha Agarwal ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...

DLocal Limited (NASDAQ:DLO) Q3 2022 Earnings Conference Call November 15, 2022 8:30 AM ET Company Participants Soledad Nager - Head of IR Sebastian Kanovich - CEO Jacobo Singer - President Maria Oldham - Vice President of Corporate Development & IR Diego Canay - CFO Conference Call Participants Jorge Kuri - Morgan Stanley Tito Labarta - Goldman Sachs Jason Kupferberg - Bank of America Merrill Lynch Soomit Datta - New Street Research Andrew Bauch - SMBC Nikko Securities Kaio Prato - UBS Operator Good day, an ...

DLocal Limited (NASDAQ:DLO) Q2 2022 Earnings Conference Call August 23, 2022 9:00 AM ET Company Participants Sebastián Kanovich - CEO Diego Canay - CFO Jacobo Singer - President Soledad Nager - Head of IR Conference Call Participants Jason Kupferberg - Bank of America Merrill Lynch Neha Agarwala - HSBC Tito Labarta - Goldman Sachs Andrew Bauch - SMBC Nikko Securities Operator Good day and thank you for standing by. Welcome to the DLocal Second Quarter 2022 Results Conference Call. At this time, all particip ...

Exhibit 99.2 DLocal Limited Unaudited Consolidated Condensed Interim Financial Statements as of June 30, 2022 and for the six-month and three-month periods ended June 30, 2022 and 2021 DLocal Limited Consolidated Condensed Interim Statements of Comprehensive Income For the six-month and three-month periods ended June 30, 2022 and 2021 (All amounts in thousands of U.S. Dollars except share data or as otherwise indicated) | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------- ...

Financial Data and Key Metrics Changes - The company reported a record Q1 2022 with total processed volume (TPV) surpassing $2 billion for the first time, increasing by 127% year-over-year [8][29] - Revenue reached $87 million, representing a 117% increase compared to Q1 2021 [9][31] - Adjusted EBITDA grew 84% year-over-year to $33 million, with a margin of 38% [9][39] - Net revenue retention (NRR) was strong at 190% for Q1 2022 [9][35] Business Line Data and Key Metrics Changes - The company operates across more than 10 different verticals, with no single vertical accounting for more than 20% of TPV [12] - Consumption vertical saw the highest growth, increasing by over 5 times year-over-year, driven by on-demand delivery and commerce [15] - Mobility increased by more than 2 times year-over-year, while entertainment and services grew by over 1.5 times [15] Market Data and Key Metrics Changes - Revenue in Latin America increased by 116% year-over-year to $78 million, while revenues from Africa and Asia also grew by 127% year-over-year, representing 11% of total revenues [20] - Revenues from Asia and Africa were $10 million in Q1 2022, compared to $21 million for the full year 2021 [21] Company Strategy and Development Direction - The company aims to expand its business outside Latin America, adding countries like Ivory Coast and Rwanda to its infrastructure network [17] - The focus is on building a global footprint and diversifying geographic presence, particularly in Africa and Asia [22] - The company is committed to investing in technology and infrastructure to support long-term growth [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience despite global economic challenges, including high inflation and geopolitical tensions [7][9] - The company expects to maintain a net revenue retention rate above 150% for the full year 2022 [42] - Management emphasized the importance of disciplined growth and the ability to expand margins over the medium term [43] Other Important Information - The company added over 50 new payment methods in Asia and Africa during the quarter [24] - The workforce increased by 54% year-over-year, reaching 562 employees [23] Q&A Session Summary Question: Can you share some color on TPV mix dynamics this quarter? - Management indicated that both payins and payouts are experiencing healthy growth, with payins tripling year-over-year [46][50] Question: Regarding the EBITDA margins and investments in technology? - Management confirmed that they are heavily investing in technology and do not shy away from expenses in this area [49][50] Question: On the net revenue retention rate and its expected decline? - Management expects NRR to be closer to 150% in Q2 due to tougher comparisons from the previous year [53][58] Question: How do you see the health of your merchants amid global challenges? - Management noted that the company's diversified business model provides a strong hedge against downturns in specific verticals [54][56] Question: Can you clarify on revenue concentration among top merchants? - The concentration among the top 10 merchants has decreased from 62% to 52% [74] Question: What drove the financial losses this quarter? - Financial losses were attributed to currency appreciation in emerging markets, leading to accounting losses on U.S. dollar holdings [84][86] Question: Can you detail the new initiative called dLocal Go? - dLocal Go targets SMBs, aiming to facilitate easier onboarding and navigation for smaller merchants [90][92] Question: What types of capabilities are being considered for M&A? - The company is looking for M&A opportunities that are additive to its existing capabilities and can accelerate growth [95][98]

DLocal Limited Unaudited Consolidated Condensed Interim Financial Statements as of March 31, 2022 and for the three-month periods ended March 31, 2022 and 2021 Exhibit 99.2 DLocal Limited Consolidated Condensed Interim Statements of Comprehensive Income For the three-month periods ended March 31, 2022 and 2021 (All amounts in thousands of U.S. Dollars except share data or as otherwise indicated) | --- | --- | --- | --- | |-------------------------------------------------------------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...