Slide 1: Financial Results 4th Quarter & Full Year of 2024
d-local Financial Results 4th Quarter & Full Year of 2024
Slide 2: Unlocking the power of Emerging Markets
Slide 3: 4th Quarter & Full Year 2024 results
4th Quarter & Full Year 2024 results Total Payment Volume _ Revenue ms Fy2024 Fy2024 S650 su $25.6B $746M ews 25% Yor s106 Ae vor $7.78 a = §04mM Toners aan $204M mice oone on | wed TOR FY2024 FY2024 $202 ow ee $295M $189M == a ents ¥ -T% YOY Seam §57M A smoe Yor A+7% QoQ MEH a SD Mioe ora s00q St 1
Slide 4: CEO letter: five pillars of investment thesis
ability Our investments in ict innovation, and erential turing yments in ving s, and ership. Pedro Arnt CEO of dLocal ‘As we walk through a review of our performance lover the past quarter and year, and as we have repeatedly mentioned, we think of five pillars underpinning dLocals investment thesis:
Slide 5: Revenues surpassed the milestone of over $200 million
Revenues surpassed the milestone of over $200 million in Q4, representing 2 9% year-over-year ‘growth. In constant currencies’, revenue growth for the period would have been around 40% year-over-year. ‘Our growth continues to reinforce our position as a trusted partner for global companies seeking t
Slide 6: dLocal winner of Platinum Award for Payments Innovation
dLocal was the winner of the Platinum Award for Payments Innovation at Fintech Americas 2025! fone2028/
Slide 7: Fourth quarter 2024 financial highlights
Fourth quarter 2024 financial highlights Total Payment Volume ("TPV") reached a record USS7.7 billion in the fourth quarter, up 51% year-over-year compared to US$5.1 billion in the fourth quarter of 2023 and up 18% compared to USS6.5 billion in the third quarter of 2024. In constant currencies", TPV
Slide 8: Effective income tax rate and net income
= Our effective income tax rate increased to 27% from 8% last quarter, and stands at 20% on a year-to-date basis. In the fourth quarter of 2024, effective income tax rate was impacted by an income tax settlement related to previous periods. Excluding this tax settlement, our effective income tax rat
Slide 9: Fourth quarter 2024 business highlights
Fourth quarter 2024 business highlights During the fourth quarter of 2024, pay-ins TPV increased 44% year-over-year and 15% quarter-over-quarter to USS5.3 billion, accounting for 69% of the TPV. Pay-outs TPV increased by 68% year-over-year and 26% quarter-over-quarter to USS2.4 billion, accounting f
Slide 10: Breakdown of TPV by product and type of flow; revenue by geography
The tables below present the breakdown of dLocal's TPV by product and type of flow: tran ut er 2024 share 2023S ahare | 2024S share 2023S share Payins 5340 69% «7M 72RD TR 128237 Payouts 2373 «1% 8R7STB. ORAS OTe Total TPV 74 100% 5411 100% 25575008 17,677 100% Wn of 155 aes ‘2024S share 2023 Sehare
Slide 11: Breakdown of gross profit by geography
The tables below present the breakdown of dLocal’s gross profit by geography: ties US rk Latin America ez ‘Asgentina Mexico chile Other Lata Arica & Asia Nigeria Egypt Other Africa & Asia ‘otal Gross Profit 2024 ‘shore on 2 a7 285 40 93 o1 79 180 ‘shore 79% 100% 2024 242 oa ar 425 aaa 426 ans 6s 484
Slide 12: € 3. g & & é juends Aires, Argentina’ ie d-
€ 3. g & & é juends Aires, Argentina’ ie d-
Slide 13: Special note regarding Adjusted EBITDA and Adjusted EBITDA Margin
Special note regarding Adjusted EBITDA and Adjusted EBITDA Margin dLocal has only one operating segment. dLocal measures its operating segments performance by Revenues, Adjusted EBITDA and Adjusted EBITDA Margin, and uses these metrics to make decisions about allocating resources. Adjusted EBITDA as
Slide 14: Special note regarding Adjusted Net Income
Special note regarding Adjusted Net Income ‘Adusted Net income is a norIFRS financial measure. As used by dLocal, Adjusted Net income is defined as the profit forthe petiod (net income) excluding impairment gains/(losses) on financial assets, transaction costs, share-based payment nomeash charges, a
Slide 15: Earnings per share
Earnings per share We calculate basic earnings per share by dividing the profit attibutable to owners of the group by the weighted average ‘number of common shares outstanding during the three-month and twelve-month periods ended December 31, 2024 and 2023. Our diluted earings per share is calculate
Slide 16: Conference call and webcast; About dLocal
Conference call and webcast dLocal's management team will host a conference call and audio webcast on February 27, 2025 at 5:00 p.m. Eastern Time, Please click here to pre-register for the conference call and obtain your dial in number and passcode. The live conference call can be accessed via audio
Slide 17: Definition of selected operational metrics
Definition of selected operational metrics “API” means application programming interface, which is a general term for programming techniques that are available for software developers when they integrate with a particular service or application. In the payments industry, APIs are usually provided by
Slide 18: Forward-looking statements
Forward-looking statements This press release contains certain forward-looking staternents. These forward-looking statements convey dLocal’s current expectations or forecasts of future events, including guidance in respect of total payment volume, revenue, gross profit and Adjusted EBITDA. Forward-l
Slide 19: Consolidated Statements of Comprehensive Income
dLocal Limited Certain financial information Consolidated Statements of Comprehensive Income for the three-month and twelve-month periods ended December 31, 2024 and 2023 (All amounts in thousands of U.S. Dollars except share data or as otherwise indicated) ‘Three monthe ended December 21. | Twelve
Slide 20: Consolidated Statements of Financial Position
dLocal Limited Certain financial information Consolidated Statements of Financial Position as of December 31, 2024 and December 31 2023 (All amounts in thousands of US. dollars) December 31,2024 December 31,2023 ASSETS current Assets Cash and cash equivalents 225172 ‘536,160 Financial assets at fir
Slide 21: Consolidated Statements of Cash flows
dLocal Limited Certain interim financial information Consolidated Statements of Cash flows for the three-month and twelve-month periods ended December 31, 2024 and 2023 Three monthe ended December [Twelve months ended December] a Et (Allamounts in thousands of U.S. dollars) 2024 2023 2024 2023 ‘Cash
Slide 22: Investor Relations Contact
Investor Relations Contact: investor@dlocalcom Media Contact media@dlocal.com
Slide 23: d-local
d-local