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 ( DLO ) raises 2025 TPV growth guidance to 40%-50% YoY

* Company expects 2025 revenue growth of 30%-40% YoY

* Dlocal ( DLO ) 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/Mis Actual Consensu

s s

Estimate

Q2 Beat $256.50 $229.70

Revenue mln mln (5

Analysts

)

Q2 Beat $70.10 $53.90

Adjusted mln mln (5

EBITDA Analysts

)

Q2 Gross 39.0%

Margin

Q2 27.0%

Adjusted

EBITDA

Margin

Q2 Gross $98.90

Profit 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 ( DLO ) 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:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)