DLO DLocal Limited — QuoTrend

Analyst Ratings

Date	Action	Analyst	Rating	Target
Apr-30-26	Reiterated	Goldman Sachs	Buy	$18 → $17
Jan-20-26	Reiterated	Truist Financial		$16 → $17
Dec-11-25	Reiterated	Truist Financial		$15 → $16
Dec-11-25	Upgrade	Truist Securities	Hold → Buy
Oct-24-25	Reiterated	Truist Financial		$14 → $15
Oct-20-25	Reiterated	UBS	Neutral	$9.00 → $15
Oct-14-25	Upgrade	Goldman Sachs	Neutral → Buy	$19
Aug-22-25	Reiterated	Truist Financial		$12 → $14
Aug-14-25	Reiterated	Morgan Stanley	Equal Weight	$11 → $15
Aug-14-25	Upgrade	HSBC	Hold → Buy

Financial Statements

DataTimeframe

Line Item (USD, M)		TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023	FY 2022 12/31/2022	FY 2021 12/31/2021	FY 2020 12/31/2020	FY 2019 12/31/2019
Total Revenue		1,212	1,094	746	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A		776	691	451
Gross Profit		437	403	295
Selling, General and Administrative Excl. Other		136	115	99
Research and Development		36	31	26
Other Operating Expense		36	35	29
Operating Income		230	222	141
Interest Expense		29	21	50
Unusual Expense		—	—	—
Non-Operating Income (Expense)		-6	-7	-11
Net Income Before Taxes		234	229	151
Income Taxes		41	32	31
Consolidated Net Income		193	197	120
Net Income From Continuing Operations		193	197	120
Net Income		193	197	120
EPS (Recurring)		0.66	0.67	0.39
EPS (Basic, Before Extraordinaries)		0.66	0.67	0.39
EPS (Diluted)		0.64	0.67	0.39
EBITDA		262	255	169
Other After Tax Adjustments		—	—	—
Stock Option Compensation Expense		—	—	—
Price To Earnings Ratio		19.98	21.10	—
Price To Sales Ratio		3.17	3.81	—
Gross Margin		36.06	36.84	39.54
Operating Margin		18.98	20.29	18.90
Net Margin		15.92	18.01	16.09
Shares Outstanding		300	295	309
Market Capitalization		3,837	4,171	—
Operating Lease Expense		—	—	—