DLocal Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	729.49	650.35	418.93	244.12	104.14	55.29
Revenue Growth (YoY)	25.61%	55.24%	71.61%	134.41%	88.36%	-
Cost of Revenue	448.81	373.49	216.76	113.68	44.07	19.41
Gross Profit	280.68	276.86	202.17	130.44	60.08	35.88
Selling, General & Admin	113.76	86.03	59.66	45.87	24.88	16.16
Research & Development	22.83	12.65	6.35	3.39	2.01	1.35
Other Operating Expenses	3.95	-	0.7	-0.47	2.9	-
Operating Expenses	139.79	95.54	72.24	48.81	28.98	18.31
Operating Income	140.9	181.32	129.92	81.63	31.1	17.56
Interest Expense	-0.24	-0.58	-0.18	-0.14	-0.02	-0.03
Interest & Investment Income	28.5	49.59	18.11	2.56	0.44	0.22
Currency Exchange Gain (Loss)	-82.62	-82.62	-	-	-	-
Other Non Operating Income (Expenses)	-22.94	-46.17	-25.53	-0.74	-0.01	0.02
EBT Excluding Unusual Items	63.6	101.54	122.33	83.31	31.52	17.77
Merger & Restructuring Charges	-	-	-	-0.69	-0.16	-
Gain (Loss) on Sale of Investments	84.25	78.64	-0.04	-0.02	0.01	0.06
Other Unusual Items	-1.66	-1.66	-2.01	2.9	0.05	-
Pretax Income	146.19	178.51	120.28	85.5	31.42	17.82
Income Tax Expense	26.94	29.43	11.59	7.65	3.23	2.22
Earnings From Continuing Operations	119.25	149.09	108.7	77.85	28.19	15.6
Minority Interest in Earnings	-	-0.12	-0.01	0.02	-0	-
Net Income	119.25	148.96	108.68	77.88	28.18	15.6
Net Income to Common	119.25	148.96	108.68	77.88	28.18	15.6
Net Income Growth	-14.70%	37.06%	39.56%	176.31%	80.64%	-
Shares Outstanding (Basic)	292	292	296	287	269	266
Shares Outstanding (Diluted)	302	303	313	309	285	275
Shares Change (YoY)	-2.60%	-3.25%	1.36%	8.46%	3.41%	-
EPS (Basic)	0.41	0.51	0.37	0.27	0.10	0.06
EPS (Diluted)	0.40	0.49	0.35	0.25	0.10	0.05
EPS Growth	-11.33%	40.00%	40.00%	150.00%	100.00%	-
Free Cash Flow	168.53	292.49	153.46	106.54	87.61	30.57
Free Cash Flow Per Share	0.56	0.97	0.49	0.34	0.31	0.11
Gross Margin	38.48%	42.57%	48.26%	53.43%	57.69%	64.89%
Operating Margin	19.31%	27.88%	31.01%	33.44%	29.87%	31.77%
Profit Margin	16.35%	22.91%	25.94%	31.90%	27.06%	28.22%
Free Cash Flow Margin	23.10%	44.97%	36.63%	43.64%	84.12%	55.29%
EBITDA	144.29	184.21	132.76	85.92	31.26	17.62
EBITDA Margin	19.78%	28.32%	31.69%	35.20%	30.01%	31.86%
D&A For EBITDA	3.4	2.89	2.84	4.29	0.16	0.05
EBIT	140.9	181.32	129.92	81.63	31.1	17.56
EBIT Margin	19.31%	27.88%	31.01%	33.44%	29.87%	31.77%
Effective Tax Rate	18.43%	16.48%	9.63%	8.94%	10.28%	12.46%

Source: S&P Capital IQ. Standard template. Financial Sources.