DLocal (DLO) - 2022 Q4 - Earnings Call Transcript

Thank you, Jacobo, and hi, everyone. We continue to scale our business rapidly. We saw record TPV during 2022 surpassing the $10 million market increasing 75% year-over-year. In Q4 2022, we saw strong growth in our TPV, reaching $3.3 billion, up by 78% year-over-year and a strong 21% quarter-over-quarter. Our crossborder and local-to-local volumes showed solid growth year-over-year and quarter-over-quarter. From a gross profit margin perspective, we maintained healthy margins at 47% in Q4 and 48% for the 12 ...