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 (symbol: DLO) is a leading 360 payments technology platform that facilitates mass online payments in growth markets across Latin America, Asia-Pacific, and Europe, the Middle East, and Africa (EMEA). The company provides a seamless solution for over 450 global e-commerce companies, including major brands like Uber, Sony, GoDaddy, Constant Contact, and Avast.
DLocal's platform supports more than 300 locally-relevant payment methods, making it easier for companies to accept payments online and issue mass payouts to contractors, agents, and sellers in emerging markets. By operating as both the payments processor and merchant of record, DLocal simplifies the complexities of international payments, eliminating the need for separate processors, multiple local entities, and numerous integrations. This allows businesses to reach over 2 billion digital consumers, maximizing their revenues in some of the world's fastest-growing markets.
Using its flagship technology platform, One dLocal, the company enables global enterprises to handle both pay-ins and pay-outs securely and efficiently. The company generates revenue from the fees charged to merchants for processing cross-border and local payment transactions. DLocal's operations are segmented geographically, with significant revenue contributions from Latin America, particularly Brazil.
Recent achievements include reporting in US dollars in accordance with IFRS as issued by the IASB. DLocal's second-quarter 2023 financial highlights and business metrics indicate a robust performance, with key data presented on the company's TPV (Total Payment Volume) and revenue by geography. Adjusted EBITDA and margins are also noteworthy areas of focus, along with earnings per share.
For the latest updates on earnings and projections, DLocal provides detailed reports and holds conference calls and webcasts. The company's investor relations can be contacted at investor@dlocal.com, and media inquiries can be directed to marketing@dlocal.com.
DLocal Limited, a technology-driven payments platform, announced an Investor Day scheduled for June 8, 2023, in New York City. This event caters to equity analysts and institutional investors, featuring presentations from the dLocal management team. It will begin at 8:30 am ET with breakfast, followed by presentations at 9:00 am. Pre-registration is required by June 1, 2023. Interested participants must email their details to register. The Investor Day emphasizes dLocal's role in connecting global enterprise merchants with billions of consumers in emerging markets, facilitating seamless payment processing across regions.
DLocal Limited (NASDAQ: DLO) is set to release its financial results for the first quarter of 2023 on May 17, 2023, after market close. This announcement comes as the company continues to facilitate global enterprise merchants in connecting with consumers across emerging markets. DLocal plans to host a conference call and video webcast on May 18, 2023, at 8:00 a.m. Eastern Time to discuss the results. The company emphasizes its "One dLocal" concept, which simplifies local payments for global companies by providing a single platform for accepting payments and managing pay-outs. Investors are encouraged to register for the call and can access a year-long archive of the webcast on their investor relations website.
dLocal has officially launched dLocal for Platforms, a comprehensive payment solution designed to enhance payment management for marketplaces and platform business models in emerging markets. This solution facilitates seller onboarding, payment acceptance, and fund management—all through a single API integration. Notable features include
- Fast onboarding
- Scalable payments
- Multi-country support
- Ease of use
- Security and reliability
dLocal Limited (NASDAQ:DLO) reported a record Total Payment Volume (TPV) of US$10.6 billion for 2022, growing 75% year-over-year, with revenues of US$418.9 million, up 72%. In Q4 2022, TPV reached US$3.3 billion, a 78% increase year-over-year. Despite a 18% drop in profit for Q4 to US$19.4 million due to net financial losses, the company achieved a 165% Net Revenue Retention Rate. For 2023, dLocal estimates revenue between US$620 million and US$640 million. The business remains focused on expanding its footprint in emerging markets, having launched operations in five new countries in 2022.
DLocal (NASDAQ: DLO) plans to announce its fourth fiscal quarter financial results for the period ending December 31, 2022, on April 4, 2023, after market close. A conference call and video webcast are scheduled for April 5, 2023, at 8:00 a.m. Eastern Time. DLocal is a technology-first payments platform that connects global enterprise merchants with consumers in emerging markets across APAC, the Middle East, Latin America, and Africa. The company focuses on offering a seamless payment experience via its 'One dLocal' concept, which simplifies transaction processes for businesses.
dLocal Limited (Nasdaq: DLO) has concluded that key allegations from a report by short seller Muddy Waters Capital are without merit. The company engaged in internal reviews led by its Board and Audit Committee, confirming the integrity of its financial operations. Additionally, dLocal announced a share buyback program, enabling the purchase of up to $100 million of its Class A common shares, reflecting confidence in its business and growth potential. Prominent shareholders, including key management figures, are also expected to acquire additional shares, indicating strong commitment to enhancing shareholder value.
DLocal Limited (NASDAQ: DLO) addressed a short seller report from Muddy Waters Capital, labeling it as inaccurate and speculative. The company cautioned shareholders against making investment decisions based on the report, which they claim is designed to drive down the stock price for short sellers' benefit. DLocal aims to connect global merchants with emerging market consumers through a unified payments platform, emphasizing the importance of its services across various regions, including APAC, Latin America, and Africa.
dLocal reported significant growth in its third quarter of 2022, achieving US$2.7 billion in Total Payment Volume (TPV), a 51% increase year-over-year, and US$112 million in revenues, up 63% from the prior year. The company maintained a remarkable 152% Net Revenue Retention Rate and an adjusted EBITDA margin of 37%. Notably, revenues from Africa and Asia soared 312% year-over-year. dLocal's robust financial performance is attributed to strategic geographic expansion and diversification across various sectors.
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