Added to YB: 2025-05-20
Pitch date: 2025-05-16
DLO [neutral]
DLocal Limited
+14.94%
current return
Author Info
I am an individual investor and software engineer @amazon. I publish high-quality research, completely free. If you like deep research, value investing, and a long term orientation then my publication is for you! Sign up for the newsletter.
Company Info
DLocal Limited, together with its subsidiaries, provides payment processing services worldwide. The company offers a robust pay-in solution to help global merchants expand their online presence and receive payments, including international and local cards, online bank transfers, direct debit, cash, and hundreds of alternative payment methods (APMs).
Market Cap
$3.6B
Pitch Price
$11.09
Price Target
N/A
Dividend
1.60%
EV/EBITDA
12.54
P/E
18.68
EV/Sales
2.59
Sector
Financial Services
Category
growth
dLocal: Q1 2025 Earnings Review
DLO (earnings update): 53% TPV growth in Q1 2025 with stable profitability during investment cycle. Announced $0.525 extraordinary dividend + new 30% FCF annual dividend policy starting 2026. Take rate concerns offset by frontier markets' higher margins. Bullish on emerging markets' digital demand + payment growth for decades. 25% FCF growth potential = 30% annual returns.
Read full article (4 min)