Overview
DLocal Q2 2025 revenue up 50% yr/yr, beating analyst expectations, per LSEG data
Adjusted EBITDA for Q2 2025 rises 64% yr/yr, beating analyst expectations, per LSEG data
Company raises full-year 2025 guidance for TPV, revenue, gross profit, and adjusted EBITDA
Outlook
Dlocal raises 2025 TPV growth guidance to 40%-50% YoY
Company expects 2025 revenue growth of 30%-40% YoY
Dlocal anticipates 2025 gross profit growth of 27.5%-37.5% YoY
Company sees 2025 adjusted EBITDA growth of 40%-50% YoY
Result Drivers
TPV GROWTH - Total Payment Volume reached a record $9.2 bln, up 53% yr/yr, driven by strong results in Brazil and Mexico and fastest growth in other geographies
REVENUE INCREASE - Revenue rose 50% yr/yr to $256.5 mln, exceeding TPV growth due to a higher share of pay-ins, partially offset by volume loss in Egypt
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $256.50 mln | $229.70 mln (5 Analysts) |
Q2 Adjusted EBITDA | Beat | $70.10 mln | $53.90 mln (5 Analysts) |
Q2 Gross Margin |
| 39.0% |
|
Q2 Adjusted EBITDA Margin |
| 27.0% |
|
Q2 Gross Profit |
| $98.90 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Dlocal Ltd is $11.25, about 2.5% above its August 12 closing price of $10.97
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nGNX6JXM9W