DLocal Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 19, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	697.49	650.35	418.93	244.12	104.14	55.29
Revenue Growth (YoY)	48.80%	55.24%	71.61%	134.41%	88.36%	-
Cost of Revenue	419.5	373.49	216.76	113.68	44.07	19.41
Gross Profit	277.99	276.86	202.17	130.44	60.08	35.88
Selling, General & Admin	96.51	87.69	61.68	46.55	25.04	16.16
Research & Development	15.83	12.65	6.35	3.39	2.01	1.35
Other Operating Expenses	-1.54	-3.14	6.23	-3.33	2.09	0.81
Operating Expenses	110.79	97.2	74.26	46.61	29.13	18.31
Operating Income	167.2	179.66	127.91	83.84	30.95	17.56
Interest Expense / Income	129.2	116.83	24.67	0.54	0.07	0.03
Other Expense / Income	-125.49	-115.57	-17.03	-2.23	-0.54	-0.29
Pretax Income	163.49	178.39	120.27	85.52	31.42	17.82
Income Tax	32.26	29.43	11.59	7.65	3.23	2.22
Net Income	131.23	148.96	108.68	77.88	28.18	15.6
Net Income Growth	11.37%	37.06%	39.56%	176.31%	80.64%	-
Shares Outstanding (Basic)	296	289	296	293	293	-
Shares Change	0.07%	-2.16%	0.98%	-	-	-
EPS (Basic)	0.45	0.51	0.37	0.27	0.10	0.06
EPS (Diluted)	0.44	0.49	0.35	0.25	0.10	0.05
EPS Growth	18.92%	40.00%	40.00%	150.00%	100.00%	-
Free Cash Flow	258.18	303.96	162.33	116.36	89.76	32.28
Free Cash Flow Per Share	0.87	1.05	0.55	0.40	0.31	-
Gross Margin	39.86%	42.57%	48.26%	53.43%	57.69%	64.89%
Operating Margin	23.97%	27.62%	30.53%	34.34%	29.71%	31.77%
Profit Margin	18.81%	22.91%	25.94%	31.90%	27.06%	28.22%
Free Cash Flow Margin	37.01%	46.74%	38.75%	47.66%	86.19%	58.39%
Effective Tax Rate	19.73%	16.50%	9.63%	8.94%	10.28%	12.46%
EBITDA	306.16	307.45	153.08	90.81	32.47	18.26
EBITDA Margin	43.89%	47.27%	36.54%	37.20%	31.18%	33.03%
Depreciation & Amortization	13.47	12.23	8.15	4.75	0.99	0.41
EBIT	292.68	295.23	144.94	86.07	31.48	17.85
EBIT Margin	41.96%	45.39%	34.60%	35.26%	30.23%	32.29%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).