DLocal's TPV Surges 51% Amid Revenue Miss
DLocal posted solid fourth-quarter results with record gross profit, yet fell short of expected revenue and matched on adjusted earnings per share.
Digital payments specialist DLocal (NASDAQ:DLO) reported mixed fourth-quarter 2024 earnings on Thursday, Feb. 27. The company achieved a record gross profit and maintained solid growth in total payment volumes (TPV), increasing by a noteworthy 51% year over year. However, revenue at $204.5 million came up $1.5 million short of the $206 million projected, and adjusted earnings per share of $0.15 matched the consensus expectations.
Despite setbacks in profit margins, the overall quarter demonstrated substantial growth, especially in emerging markets.
Source: DLocal. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. TPV = Total payment volume. EBITDA = Earnings before interest, taxes, depreciation, and amortization.
