Earnings Call Summary | DLocal(DLO.US) Q1 2024 Earnings Conference
Earnings Call Summary | DLocal(DLO.US) Q1 2024 Earnings Conference
The following is a summary of the DLocal Limited (DLO) Q1 2024 Earnings Call Transcript:
以下是dLocal Limited（DLO）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
DLocal reported Q1 TPV of $5.3 billion, growing by almost 50% year-on-year due to increases in various sectors like e-commerce and software as services.
Revenues grew by 30% year-on-year but gross profit remained stagnant, leading to a decrease in adjusted EBITDA.
Due to high merchant concentration, renegotiating fees with one of DLocal's largest merchants adversely affected revenue growth.
Q1 net income totaled $18 million, falling by 50% YoY, and operating expenses reached $36 million due to investments in team growth and capabilities.
The company yielded a free cash flow of $12 million, resulting in a net income to free cash flow conversion of 69% for the quarter.
DLocal has a robust liquidity position, holding $320 million.
dLocal報告稱，第一季度TPV爲53億美元，同比增長近50％，這要歸因於電子商務和軟件即服務等各個領域的增長。
收入同比增長30％，但毛利仍然停滯不前，導致調整後的息稅折舊攤銷前利潤下降。
由於商戶高度集中，與dLocal最大的商戶之一重新談判費用對收入增長產生了不利影響。
第一季度淨收入總額爲1800萬美元，同比下降50％，運營支出達到3,600萬美元，這要歸因於對團隊增長和能力的投資。
該公司產生了1200萬美元的自由現金流，使該季度的淨收入與自由現金流的轉換率爲69％。
dLocal擁有穩健的流動性狀況，持有3.2億美元。
Business Progress:
業務進展：
Development across multiple verticals affirms DLocal's competitive position and consistent share of wallet gains.
Infrastructure investments to meet global remittance partners and marketplace merchants' needs are yielding results.
DLocal has earned licenses in strategic markets like Argentina, Ecuador, Egypt, Dominican Republic, and Kenya.
The company board authorized a $200 million share buyback program, showcasing faith in DLocal's future prospects.
Although achieving 2024 objectives, DLocal predicts being at the lower end of their projected ranges.
DLocal plans to maintain its investments in team growth, improve efficiencies, and onboard more merchants for business diversification.
The Company is also considering potential M&A for boosting growth.
多個垂直領域的發展證實了dLocal的競爭地位和錢包收益的持續份額。
爲滿足全球匯款合作伙伴和市場商戶需求而進行的基礎設施投資正在取得成果。
dLocal已在阿根廷、厄瓜多爾、埃及、多米尼加共和國和肯尼亞等戰略市場獲得了許可。
公司董事會批准了一項2億美元的股票回購計劃，這表明了對dLocal未來前景的信心。
儘管實現了2024年的目標，但dLocal預測將處於其預計範圍的較低水平。
dLocal計劃繼續投資於團隊發展，提高效率，並招募更多商戶以實現業務多元化。
該公司還在考慮潛在的併購以促進增長。
More details: DLocal IR
更多詳情： dLocal IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。