DLO Chart
About

DLocal Limited, together with its subsidiaries, operates a payment processing platform worldwide. The company offers a robust pay-in solution that allows businesses to get paid for their products and services through various payment methods, including international and local cards, online bank transfers, direct debit, cash, and hundreds of alternative payment methods (APMs). It also provides a pay-out solution used by merchants to scale their pay-out operations. In addition, the company offers dLocal for Platforms, an end-to-end payment solution that provides a range of services to help platforms manage global payments. It serves its products to the commerce, streaming, ride-hailing, financial services, remittances, advertising, SaaS, travel, e-learning, on-demand delivery, gaming, and crypto industries. The company was founded in 2016 and is headquartered in Montevideo, Uruguay.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 3.73B
Enterprise Value 2.99B Income 170.95M Sales 960.19M
Book/sh 1.72 Cash/sh 2.46 Dividend Yield —
Payout 0.00% Employees 1095 IPO —
P/E 22.59 Forward P/E 14.43 PEG —
P/S 3.88 P/B 7.38 P/C —
EV/EBITDA 14.72 EV/Sales 3.11 Quick Ratio 1.37
Current Ratio 1.46 Debt/Eq 13.23 LT Debt/Eq —
EPS (ttm) 0.56 EPS next Y 0.88 EPS Growth 88.90%
Revenue Growth 52.10% Earnings 2026-03-18 ROA 9.66%
ROE 35.56% ROIC — Gross Margin 38.60%
Oper. Margin 19.68% Profit Margin 17.80% Shs Outstand 165.67M
Shs Float 93.58M Short Float 16.45% Short Ratio 10.94
Short Interest — 52W High 16.78 52W Low 7.61
Beta 1.10 Avg Volume 1.21M Volume 314.58K
Target Price $17.90 Recom Buy Prev Close $12.40
Price $12.65 Change 2.02%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$17.90
Mean price target
2. Current target
$12.40
Latest analyst target
3. DCF / Fair value
$12.55
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$12.40
Low
$15.00
High
$21.00
Mean
$17.90

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-02 main JP Morgan Overweight → Overweight $18
2025-12-17 init Itau BBA — → Outperform $21
2025-12-11 up Truist Securities Hold → Buy $16
2025-10-20 main UBS Neutral → Neutral $15
2025-10-14 up Goldman Sachs Neutral → Buy $19
2025-09-16 main Citigroup Buy → Buy $17
2025-08-22 main Truist Securities Hold → Hold $14
2025-08-14 up HSBC Hold → Buy $15
2025-07-30 main UBS Neutral → Neutral $10
2025-06-02 init Truist Securities — → Hold $12
2025-05-27 init Citigroup — → Buy $15
2025-05-15 main Susquehanna Positive → Positive $18
2025-03-03 main Barclays Equal-Weight → Equal-Weight $9
2025-02-28 down Morgan Stanley Overweight → Equal-Weight $10
2025-02-26 up JP Morgan Neutral → Overweight $18
2025-02-13 main Goldman Sachs Neutral → Neutral $10
2025-01-29 main Susquehanna Positive → Positive $16
2025-01-17 main Barclays Equal-Weight → Equal-Weight $10
2024-11-18 main Barclays Equal-Weight → Equal-Weight $9
2024-08-15 main B of A Securities Neutral → Neutral $8
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems7.71M13.49M-534.72K-34.09K
TaxRateForCalcs0.200.170.100.09
NormalizedEBITDA130.75M109.54M134.18M90.77M
TotalUnusualItems38.17M81.78M-5.57M-383.00K
TotalUnusualItemsExcludingGoodwill38.17M81.78M-5.57M-383.00K
NetIncomeFromContinuingOperationNetMinorityInterest120.42M148.96M108.68M77.88M
ReconciledDepreciation17.39M12.22M8.15M4.75M
ReconciledCostOfRevenue451.30M373.49M216.76M111.33M
EBITDA168.91M191.32M128.61M90.39M
EBIT151.52M179.09M120.46M85.64M
NetInterestIncome-21.43M-67.25M-6.55M2.01M
InterestExpense501.00K578.00K177.00K142.00K
InterestIncome28.27M49.59M18.11M2.56M
NormalizedIncome89.96M80.68M113.72M78.22M
NetIncomeFromContinuingAndDiscontinuedOperation120.42M148.96M108.68M77.88M
TotalExpenses605.03M473.83M285.48M160.25M
TotalOperatingIncomeAsReported140.50M179.66M127.91M83.84M
DilutedAverageShares305.14M302.96M313.14M308.93M
BasicAverageShares290.01M291.98M295.62M287.12M
DilutedEPS0.390.490.350.25
BasicEPS0.420.510.370.27
DilutedNIAvailtoComStockholders120.42M148.96M108.68M77.88M
NetIncomeCommonStockholders120.42M148.96M108.68M77.88M
NetIncome120.42M148.96M108.68M77.88M
MinorityInterests-53.00K-122.00K-14.00K23.00K
NetIncomeIncludingNoncontrollingInterests120.47M149.09M108.70M77.85M
NetIncomeContinuousOperations120.47M149.09M108.70M77.85M
TaxProvision30.55M29.43M11.59M7.65M
PretaxIncome151.02M178.51M120.28M85.50M
OtherIncomeExpense31.51M69.24M-6.61M-383.00K
OtherNonOperatingIncomeExpenses-6.66M-12.54M-1.04M-334.00K
SpecialIncomeCharges-440.00K3.14M-5.53M-367.00K
OtherSpecialCharges12.54M1.04M334.00K
WriteOff440.00K-3.14M5.53M33.00K
GainOnSaleOfSecurity38.61M78.64M-36.00K-16.00K
NetNonOperatingInterestIncomeExpense-21.43M-67.25M-6.55M2.01M
TotalOtherFinanceCost49.20M116.26M24.49M402.00K
InterestExpenseNonOperating501.00K578.00K177.00K142.00K
InterestIncomeNonOperating28.27M49.59M18.11M2.56M
OperatingIncome140.94M176.52M133.44M83.87M
OperatingExpense153.73M100.34M68.72M46.57M
OtherOperatingExpenses28.95M15.34M11.91M-3.37M
DepreciationAmortizationDepletionIncomeStatement3.52M3.35M2.40M
DepreciationAndAmortizationInIncomeStatement3.52M3.35M2.40M
ResearchAndDevelopment25.62M12.65M6.35M3.39M
SellingGeneralAndAdministration99.16M72.35M50.46M44.15M
SellingAndMarketingExpense3.50M3.78M2.54M5.92M
GeneralAndAdministrativeExpense95.66M68.57M47.93M38.23M
OtherGandA22.60M18.50M12.43M17.41M
SalariesAndWages73.06M50.07M35.50M20.83M
GrossProfit294.67M276.86M202.17M130.44M
CostOfRevenue451.30M373.49M216.76M113.68M
TotalRevenue745.97M650.35M418.93M244.12M
OperatingRevenue739.92M637.05M415.44M241.81M
Line Item2024-12-312023-12-312022-12-31
TreasurySharesNumber18.75M7.17M134.95K
OrdinarySharesNumber285.48M288.82M296.03M295.03M
ShareIssued304.23M295.99M296.16M295.03M
TotalDebt54.45M3.96M4.08M8.94M
TangibleBookValue425.57M397.14M348.19M233.35M
InvestedCapital539.34M455.03M399.63M285.33M
WorkingCapital395.26M390.80M345.56M231.11M
NetTangibleAssets425.57M397.14M348.19M233.35M
CapitalLeaseObligations4.00M3.96M4.08M3.93M
CommonStockEquity488.89M455.03M399.63M280.32M
TotalCapitalization488.89M455.03M399.63M280.32M
TotalEquityGrossMinorityInterest488.99M455.14M399.62M280.30M
MinorityInterest100.00K109.00K-9.00K-18.00K
StockholdersEquity488.89M455.03M399.63M280.32M
GainsLossesNotAffectingRetainedEarnings12.50M11.77M14.74M12.71M
OtherEquityAdjustments12.50M11.77M14.74M12.71M
TreasuryStock200.98M99.94M
RetainedEarnings490.02M369.61M219.99M109.87M
AdditionalPaidInCapital186.77M173.00M164.31M157.15M
CapitalStock570.00K591.00K592.00K590.00K
CommonStock570.00K591.00K592.00K590.00K
TotalLiabilitiesNetMinorityInterest682.34M629.31M426.68M302.71M
TotalNonCurrentLiabilitiesNetMinorityInterest4.72M4.08M4.41M4.31M
NonCurrentDeferredLiabilities1.86M753.00K1.02M883.00K
NonCurrentDeferredTaxesLiabilities1.86M753.00K1.02M883.00K
LongTermDebtAndCapitalLeaseObligation2.86M3.33M3.39M3.43M
LongTermCapitalLeaseObligation2.86M3.33M3.39M3.43M
CurrentLiabilities677.62M625.23M422.27M298.40M
OtherCurrentLiabilities6.23M948.00K544.00K886.00K
CurrentDebtAndCapitalLeaseObligation51.59M626.00K686.00K5.52M
CurrentCapitalLeaseObligation1.14M626.00K686.00K502.00K
CurrentDebt50.45M5.01M
LineOfCredit50.45M0.000.005.01M
CurrentProvisions500.00K362.00K1.47M1.71M
PayablesAndAccruedExpenses619.30M623.29M419.57M290.29M
CurrentAccruedExpenses9.89M10.19M5.80M3.17M
Payables609.41M613.10M413.77M287.11M
OtherPayable25.14M19.91M6.94M4.76M
TotalTaxPayable21.52M20.80M11.70M13.13M
IncomeTaxPayable19.68M20.28M6.05M1.94M
AccountsPayable562.75M572.39M395.13M269.23M
TotalAssets1.17B1.08B826.30M583.01M
TotalNonCurrentAssets98.45M68.42M58.47M53.50M
NonCurrentPrepaidAssets0.00
NonCurrentDeferredAssets5.37M2.22M362.00K133.00K
NonCurrentDeferredTaxesAssets5.37M2.22M362.00K133.00K
NonCurrentAccountsReceivable18.04M
InvestmentsAndAdvances4.70M1.71M0.00
InvestmentinFinancialAssets4.70M1.71M0.00
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal4.70M1.71M0.00
GoodwillAndOtherIntangibleAssets63.32M57.89M51.44M46.97M
OtherIntangibleAssets63.32M57.89M51.44M46.97M
NetPPE7.02M6.61M6.67M6.40M
AccumulatedDepreciation-3.36M-2.12M-1.33M-595.00K
GrossPPE10.38M8.72M8.00M7.00M
Leases3.93M3.92M
ConstructionInProgress0.00
MachineryFurnitureEquipment5.48M3.77M2.81M1.82M
BuildingsAndImprovements4.90M4.95M5.19M5.17M
Properties0.000.000.000.00
CurrentAssets1.07B1.02B767.83M529.51M
OtherCurrentAssets220.00K147.00K112.00K561.00K
HedgingAssetsCurrent2.87M2.04M1.21M0.00
RestrictedCash243.11M324.99M264.07M108.50M
PrepaidAssets39.55M43.91M34.67M12.66M
Receivables457.16M319.46M218.64M178.88M
AccountsReceivable457.16M319.46M218.64M178.88M
AllowanceForDoubtfulAccountsReceivable-148.00K-459.00K-280.00K-322.00K
GrossAccountsReceivable457.31M319.92M218.92M179.20M
CashCashEquivalentsAndShortTermInvestments329.97M325.49M249.13M228.92M
OtherShortTermInvestments140.94M102.68M1.29M1.00M
CashAndCashEquivalents189.03M222.81M247.83M227.91M
CashFinancial189.03M222.81M247.83M227.91M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-55.43M275.23M142.10M60.47M
RepurchaseOfCapitalStock-101.07M-97.93M-2.02M0.00
RepaymentOfDebt-552.00K-1.10M-20.35M-430.00K
IssuanceOfDebt50.43M0.0014.78M5.00M
IssuanceOfCapitalStock0.000.00150.26M
CapitalExpenditure-22.65M-18.23M-12.35M-48.02M
EndCashPosition425.17M536.16M468.09M336.20M
BeginningCashPosition536.16M468.09M336.20M111.73M
EffectOfExchangeRateChanges8.13M-6.85M466.00K171.00K
ChangesInCash-119.12M74.92M131.43M224.29M
FinancingCashFlow-68.59M-133.87M-27.33M153.75M
CashFlowFromContinuingFinancingActivities-68.59M-133.87M-27.33M153.75M
NetOtherFinancingCharges-16.47M-34.41M-21.90M-1.03M
InterestPaidCFF-2.78M-578.00K-1.78M-142.00K
ProceedsFromStockOptionExercised1.85M153.00K3.94M81.00K
CashDividendsPaid0.000.000.000.00
CommonStockDividendPaid0.00
NetCommonStockIssuance-101.07M-97.93M-2.02M150.26M
CommonStockPayments-101.07M-97.93M-2.02M0.00
CommonStockIssuance0.000.00150.26M
NetIssuancePaymentsOfDebt49.88M-1.10M-5.57M4.57M
NetShortTermDebtIssuance50.43M0.00-5.18M5.00M
ShortTermDebtPayments0.000.00-19.97M0.00
ShortTermDebtIssuance50.43M0.0014.78M5.00M
NetLongTermDebtIssuance-552.00K-1.10M-386.00K-430.00K
LongTermDebtPayments-552.00K-1.10M-386.00K-430.00K
LongTermDebtIssuance14.78M5.00M
InvestingCashFlow-17.75M-84.67M4.30M-37.94M
CashFlowFromContinuingInvestingActivities-17.75M-84.67M4.30M-37.94M
NetOtherInvestingChanges-665.00K
InterestReceivedCFI28.27M49.59M17.65M2.56M
NetInvestmentPurchaseAndSale-23.37M-116.03M-327.00K7.52M
SaleOfInvestment108.10M1.49M7.52M
PurchaseOfInvestment-131.47M-117.52M-327.00K0.00
NetIntangiblesPurchaseAndSale-20.94M-17.26M-11.37M-46.07M
PurchaseOfIntangibles-20.94M-17.26M-11.37M-46.07M
NetPPEPurchaseAndSale-1.71M-965.00K-987.00K-1.95M
PurchaseOfPPE-1.71M-965.00K-987.00K-1.95M
OperatingCashFlow-32.78M293.45M154.45M108.49M
CashFlowFromContinuingOperatingActivities-32.78M293.45M154.45M108.49M
TaxesRefundPaid-28.70M-11.47M-8.87M-9.82M
ChangeInWorkingCapital-167.22M104.30M20.78M25.15M
ChangeInOtherWorkingCapital138.00K-1.11M-237.00K317.00K
ChangeInOtherCurrentAssets5.43M45.01M-56.02M581.00K
ChangeInPayablesAndAccruedExpense-10.14M183.65M126.47M139.60M
ChangeInPayable-10.14M183.65M126.47M139.60M
ChangeInAccountPayable-6.96M194.62M130.71M134.29M
ChangeInTaxPayable-3.18M-10.97M-4.25M5.31M
ChangeInIncomeTaxPayable-3.18M-10.97M-4.25M5.31M
ChangeInReceivables-162.65M-123.25M-49.44M-115.36M
OtherNonCashItems-16.87M-6.33M3.56M-4.71M
StockBasedCompensation23.78M11.92M8.68M7.59M
UnrealizedGainLossOnInvestmentSecurities-37.42M-78.64M36.00K16.00K
AssetImpairmentCharge440.00K318.00K-42.00K33.00K
DepreciationAmortizationDepletion17.39M12.22M8.15M4.75M
DepreciationAndAmortization17.39M12.22M8.15M4.75M
AmortizationCashFlow15.51M10.82M6.89M3.92M
AmortizationOfIntangibles15.51M10.82M6.89M3.92M
Depreciation1.88M1.41M1.26M830.00K
OperatingGainsLosses24.79M82.62M1.88M-19.00K
GainLossOnInvestmentSecurities17.07M-2.90M
NetForeignCurrencyExchangeGainLoss24.79M82.62M1.88M-19.00K
NetIncomeFromContinuingOperations151.02M178.51M120.28M85.50M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for DLO
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