dLocal Reports Second Quarter 2024 Financial Results

Second quarter 2024
Total processed volume of US$6.0 billion, up 38% year-on-year and 14% quarter-on-quarter
Revenue of US$171 million, up 6% year-on-year and down 7% quarter-on-quarter
100% Net Income Retention Rate
Gross profit of US$70 million, down 1% year-on-year and up 11% quarter-on-quarter
Adjusted EBITDA of US$43 million, down 18% year-on-year and up 16% quarter-on-quarter

Local reports are in US dollars and in accordance with IFRS as issued by the IASB.