Group 1 - dLocal Limited plans to release its financial results for the second fiscal quarter ended June 30, 2024, on August 14, 2024, after market close [1] - A conference call and video webcast will be hosted on August 14, 2024, at 5:00 p.m. Eastern Time, with pre-registration available for participants [2] - dLocal operates a technology-first payments platform that connects global enterprise merchants with billions of consumers in emerging markets across regions such as APAC, the Middle East, Latin America, and Africa [3] Group 2 - The "One dLocal" concept allows global companies to manage payments, payouts, and fund settlements through a single direct API, platform, and contract, simplifying operations in various markets [3]

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Core Viewpoint - DLocal's stock has experienced a significant decline of 27% following its first-quarter earnings report, yet the long-term outlook for the company remains positive [1] Financial Performance - DLocal reported its first-quarter earnings, which contributed to the stock price drop of 30.68% [1] - The earnings report indicates short-term challenges but suggests potential for long-term gains [1]

Financial Data and Key Metrics Changes - The company reported a record quarterly Total Payment Volume (TPV) of $5.3 billion, representing a growth of nearly 50% year-on-year [41] - Revenue growth was over 30% year-on-year, but gross profit growth was flat, leading to a decline in adjusted EBITDA [42] - Adjusted EBITDA came in at $37 million, down 19% year-on-year and 25% quarter-on-quarter, with an adjusted EBITDA margin of 20%, down 6 percentage points quarter-on-quarter [33][42] Business Line Data and Key Metrics Changes - The cross-border business returned to 9% quarter-on-quarter growth, hitting a new record of $2.4 billion in TPV during Q1 [21] - The payout business grew by 17% quarter-on-quarter and over 50% year-on-year, driven by a strong ramp-up in remittance corridors [22] - Revenue in Brazil increased by 89% year-over-year, while Mexico saw a 50% increase [24] Market Data and Key Metrics Changes - Revenues in Argentina were down 31% year-over-year, primarily due to currency devaluation and a decline in TPV [49] - In Africa and Asia, revenue growth was driven by Egypt, South Africa, Turkey, and the Philippines, with Egypt's TPV up 71% year-over-year [25] - Revenues in Nigeria were down 74% sequentially due to devaluation and a 35% decline in TPV [28] Company Strategy and Development Direction - The company is focused on sustaining planned investment increases to support long-term growth, even amid current gross profit levels [20] - The growing portfolio of regulatory approvals is seen as a competitive advantage for navigating complex regulatory environments in emerging markets [23] - The company aims to diversify its merchant base over time to reduce dependency on the top 10 merchants [70] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth potential despite short-term volatility, emphasizing the significant opportunities in emerging markets [89] - The company is tracking towards its 2024 objectives, albeit with a greater likelihood of coming in at the lower end of the guidance [61] - Management acknowledged the unpredictability of emerging markets but remains committed to delivering on its strategic plan [88] Other Important Information - The board authorized a share buyback program of up to $200 million, reflecting confidence in the company's capital allocation framework [34] - Operating expenses reached $36 million for the quarter, with a significant portion attributed to investments in technology and personnel [85] Q&A Session All Questions and Answers Question: Can you walk us through how to close the gap from 58% to 69% EBITDA to gross profit margin? - Management indicated that the most important part of closing the gap is the conversion of the existing pipeline to meet guidance [65] Question: What happened in Egypt, and how does the gross margin there compare to other markets? - Management noted that the Egyptian business benefited from wide FX spreads, but margins may tighten due to recent devaluation [73][99] Question: Are there any other significant merchant contract renewals that might impact gross profit guidance? - Management stated that they do not foresee similar renegotiations with other large merchants at this time, viewing the situation as isolated [123][124] Question: What are the reasons for the sequential decrease in revenues from Q4 to Q1? - Management explained that the decrease was primarily due to seasonality and the impact of a large merchant renegotiation [26][108] Question: Can you elaborate on the extra spending in the first quarter? - Management highlighted that the increased spending was focused on technology investments to accelerate product launches and enhance capabilities [130]

DLocal (DLO) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -36.36%. A quarter ago, it was expected that this online payment company would post earnings of $0.15 per share when it actually produced earnings of $0.14, delivering a surprise of -6.67%. Over the last four quarters, the ...

Investors interested in Financial Transaction Services stocks are likely familiar with Fidelity National Information Services (FIS) and DLocal (DLO) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision tr ...

MONTEVIDEO, Uruguay, April 23, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ:DLO, "dLocal" or the "Company"))), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its first fiscal quarter ended March 31, 2024 on May 14, 2024 after market close. The Company will host a conference call and video webcast on May 14, 2024 at 5:00 p.m. Eastern Time. Please click here to pre-register for the ...

The past couple of years have been an uphill battle for fintech stocks. Despite strong underlying business performance, most names in the space have lagged the broader market’s recovery. However, the tide may soon be turning in favor of these beaten-down disruptors. Monetary policy looks destined to shift in short order. And when it does, wise investors will start to build positions in fintech stocks.Indeed, I believe now presents an opportune time to buy into quality fintech companies. The next round of ra ...

Nasdaq stocks tend to be more tech oriented. They also tend to be more expensive. The well-known index includes most of the biggest companies today — All of the so-called Magnificent 7 stocks are listed on the index. Those shares, and many others, listed on the index all trade for more than $20. Today we will look at Nasdaq stocks under $20. The companies discussed below offer a potent combination of factors that should interest investors. The majority of those shares are priced between $10 to $20, suggesti ...

Cross-border payment platform dLocal is partnering with payroll and payments platform Papaya Global to drive global workforce payments.Through the partnership, the companies aim to enable global firms to pay employees worldwide in local currencies in a timely fashion, according to a Tuesday (April 9) news release.The partnership is currently live in Latin America, including Chile, Colombia and Mexico; in Asia, including Indonesia and Vietnam; and in Africa, with plans to expand to additional territories, pe ...