DLocal Achieves Record Financial Performance in Q1 2025

Dlocal Limited ( (DLO) ) has released its Q1 earnings. Here is a breakdown of the information Dlocal Limited presented to its investors.

DLocal Limited is a technology-first payments platform that facilitates local payments in emerging markets, connecting global merchants with consumers across Africa, Asia, and Latin America. In its first quarter of 2025, DLocal achieved record highs in key financial metrics, including a Total Payment Volume (TPV) of $8 billion, marking a 53% increase year-over-year. The company also reported revenue of $217 million and a gross profit of $85 million, showcasing its successful geographic diversification strategy.

Key financial highlights for the quarter include a 57% increase in Adjusted EBITDA to $58 million, with a margin of 27%, and a significant rise in net income to $46.7 million, up 163% from the previous year. DLocal’s strong cash flow is evidenced by a free cash flow to net income conversion rate of 85%, and the company ended the quarter with $511.5 million in cash and cash equivalents.

DLocal’s strategic focus on leveraging existing merchant relationships and establishing new partnerships has been a driving force behind its financial success. The company has also made strides in expanding its license portfolios and improving operational efficiency, which has contributed to its robust performance.

Looking ahead, DLocal’s management remains optimistic about the company’s growth prospects, emphasizing the continued execution of its strategic plan and investment in capabilities to sustain its upward trajectory in the payments industry.