Dlocal Ltd
NASDAQ:DLO
Income Statement
Earnings Waterfall
Dlocal Ltd
Income Statement
Dlocal Ltd
| Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
|
| Revenue |
168
N/A
|
244
+45%
|
291
+19%
|
334
+14%
|
377
+13%
|
419
+11%
|
469
+12%
|
529
+13%
|
581
+10%
|
650
+12%
|
697
+7%
|
708
+1%
|
729
+3%
|
746
+2%
|
778
+4%
|
863
+11%
|
960
+11%
|
|
| Gross Profit | ||||||||||||||||||
| Cost of Revenue |
(76)
|
(114)
|
(141)
|
(167)
|
(191)
|
(217)
|
(248)
|
(287)
|
(319)
|
(373)
|
(420)
|
(431)
|
(449)
|
(451)
|
(462)
|
(518)
|
(590)
|
|
| Gross Profit |
92
N/A
|
130
+43%
|
151
+16%
|
167
+11%
|
186
+12%
|
202
+9%
|
220
+9%
|
242
+10%
|
262
+9%
|
277
+6%
|
278
+0%
|
277
0%
|
281
+1%
|
295
+5%
|
317
+7%
|
346
+9%
|
371
+7%
|
|
| Operating Income | ||||||||||||||||||
| Operating Expenses |
(32)
|
(47)
|
(57)
|
(56)
|
(60)
|
(69)
|
(77)
|
(85)
|
(94)
|
(100)
|
(114)
|
(131)
|
(142)
|
(154)
|
(156)
|
(158)
|
(169)
|
|
| Selling, General & Administrative |
(30)
|
(42)
|
(47)
|
(44)
|
(46)
|
(54)
|
(60)
|
(66)
|
(72)
|
(77)
|
(83)
|
(93)
|
(98)
|
(99)
|
(110)
|
(115)
|
(126)
|
|
| Research & Development |
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(10)
|
(13)
|
(16)
|
(20)
|
(23)
|
(26)
|
(27)
|
(28)
|
(30)
|
|
| Depreciation & Amortization |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
(3)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
2
|
1
|
(2)
|
(4)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(7)
|
(11)
|
(14)
|
(17)
|
(29)
|
(16)
|
(13)
|
(11)
|
|
| Operating Income |
59
N/A
|
84
+41%
|
94
+12%
|
110
+17%
|
126
+14%
|
133
+6%
|
144
+8%
|
157
+9%
|
168
+8%
|
177
+5%
|
164
-7%
|
146
-11%
|
138
-5%
|
141
+2%
|
160
+14%
|
187
+17%
|
202
+8%
|
|
| Pre-Tax Income | ||||||||||||||||||
| Interest Income Expense |
1
|
2
|
1
|
1
|
(2)
|
(1)
|
(4)
|
3
|
7
|
100
|
18
|
39
|
41
|
47
|
51
|
30
|
36
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
0
|
0
|
0
|
(6)
|
(6)
|
(6)
|
(3)
|
3
|
3
|
3
|
1
|
(0)
|
(1)
|
(2)
|
(2)
|
|
| Total Other Income |
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(7)
|
(2)
|
(3)
|
(7)
|
(101)
|
(22)
|
(22)
|
(34)
|
(36)
|
(32)
|
(42)
|
(30)
|
|
| Pre-Tax Income |
60
N/A
|
86
+43%
|
95
+11%
|
110
+16%
|
123
+11%
|
120
-2%
|
133
+10%
|
151
+14%
|
166
+10%
|
179
+8%
|
164
-8%
|
166
+2%
|
146
-12%
|
151
+3%
|
178
+18%
|
173
-3%
|
205
+19%
|
|
| Net Income | ||||||||||||||||||
| Tax Provision |
(6)
|
(8)
|
(7)
|
(10)
|
(10)
|
(12)
|
(15)
|
(19)
|
(26)
|
(29)
|
(32)
|
(34)
|
(27)
|
(31)
|
(29)
|
(27)
|
(34)
|
|
| Income from Continuing Operations |
54
|
78
|
87
|
100
|
113
|
109
|
118
|
132
|
140
|
149
|
131
|
133
|
119
|
120
|
149
|
146
|
171
|
|
| Income to Minority Interest |
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Net Income (Common) |
54
N/A
|
78
+43%
|
87
+12%
|
100
+15%
|
113
+13%
|
109
-4%
|
118
+8%
|
132
+12%
|
140
+6%
|
149
+7%
|
131
-12%
|
133
+1%
|
119
-10%
|
120
+1%
|
149
+24%
|
146
-2%
|
171
+17%
|
|
| EPS (Diluted) |
0.18
N/A
|
0.25
+39%
|
0.27
+8%
|
0.31
+15%
|
0.35
+13%
|
0.35
N/A
|
0.37
+6%
|
0.42
+14%
|
0.45
+7%
|
0.49
+9%
|
0.44
-10%
|
0.44
N/A
|
0.4
-9%
|
0.39
-3%
|
0.49
+26%
|
0.49
N/A
|
0.57
+16%
|
|