{ "docId": "019de517-3004-754b-99b2-27831d14dcbe", "docSlug": "61db59d1639152c8e0b841fbc2901b7a", "documentTitle": "dLocal | Results Presentation Deck | 28 slides", "authorId": "dlocal", "authorName": "dLocal", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-11-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 17, "pageCount": 28, "prevPage": 16, "nextPage": 18, "slideType": "kpi_overview", "function": "analyze_data", "density": "dense", "nDataPoints": 20, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de517-3004-754b-99b2-27831d14dcbe/17", "deckHref": "/decks/019de517-3004-754b-99b2-27831d14dcbe", "deckJsonHref": "/decks/019de517-3004-754b-99b2-27831d14dcbe.json", "deckAnchorHref": "/decks/019de517-3004-754b-99b2-27831d14dcbe#slide-17", "components": [ { "bbox": { "h": 0.53, "w": 0.408, "x": 0.048, "y": 0.229 }, "kind": "chart", "text": "Net income evolution ($M) 32 19 35 45 40 3Q22 4Q22 1Q23 2Q23 3Q23 -10% QoQ +25% YoY", "attrs": null, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4ca6b629-92b3-4413-a811-806e83671a92", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.53, "w": 0.47, "x": 0.508, "y": 0.229 }, "kind": "chart", "text": "Net income bridge QoQ ($M) 44.8 3.5 2.5 -0.4 -1.9 -5.9 -2.2 -0.1 40.4 Net income 2Q23 Adjusted EBITDA Impairment loss / (gain) on financial assets 2 Depreciation and amortization Share-based payment non-cash charges Net financial results 3 Inflation adjustment Income tax expense Net income 3Q23", "attrs": null, "subkind": "waterfall", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "76ad6f0b-b1df-41dc-90c7-7461a77b719d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.37, "x": 0.025, "y": 0.797 }, "kind": "list", "text": "Diluted EPS1 0.10 0.06 0.11 0.15 0.13", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c97076cc-c3d0-4459-87fd-0e5f44caff71", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.95, "x": 0.025, "y": 0.877 }, "kind": "source-note", "text": "Note: Our diluted earnings per share is calculated by dividing the profit attributable to owners of the group of dLocal by the weighted average number of common shares outstanding during the period plus the weighted average number of common shares that would be issued on conversion of all dilutive potential common shares into common shares. During 2022, the Company utilized FTX Trading Ltd. (\"FTX\") services for the repatriation of funds from one country. On November 11, 2022, when FTX filed for Chapter 11 bankruptcy in the United States, the Company had deposits of USD 5,576, whose withdrawals had not been processed by FTX. Such deposits were included in the loss allowance. As of September 30, 2023 and December 31, 2022, the Group does not hold any positions in crypto assets.\" During the three months ending September 2023, the Group reassessed the recovery probability of its deposits based on negotiations with third parties that are willing to acquire them and publicly available information. Thus, the Group recognized a gain of USD 2,509 as result of the reversion of the loss allowance for the period ending September 30, 2023. During Q3 2023 we recognized a fair value gain of US$ 24.2 million (US$ 3.6 million in Q2 2023) from the Argentine dollar-linked bonds and an exchange difference loss of US$ 27.4 million (-US$ 1.8 million in Q2 2023) from the intercompany loan denominated in USD that we granted to our Argentine subsidiary to purchase the bonds.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7b98b0cf-3054-4cdd-9e62-14c9e67ebf60", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.75, "x": 0.113, "y": 0.06 }, "kind": "title", "text": "Net income +25 YoY, QoQ decline driven by net financial results", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a91be932-f4d2-4ac2-9bfa-6bf2e78b158e", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Waterfall chart", "slug": "waterfall-chart", "agent": null, "layer": "slide", "matchId": "f506da0b-5bd4-4f37-b86a-bb3550585715", "evidence": "chart/waterfall: Net income bridge QoQ ($M)", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [ { "to": 19, "from": 16, "beatId": "67364aa5-03e4-4bb8-92be-81366e2f1b36", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Revenue Buildup", "beatSlug": null, "evidence": "The slides provide a detailed breakdown of revenue and adjusted EBITDA, showcasing the company's financial performance.", "position": 4, "confidence": 0.8, "parentBeatName": null, "parentBeatSlug": null } ], "loops": [ { "to": 19, "from": 16, "name": "So What Cascade", "slug": "41-so-what-cascade", "bestFor": "Data presentations, executive summaries, driving to recommendations", "matchId": "3ad1f15f-18ef-4ddb-883c-0c2c0ed04569", "evidence": "The slides provide a detailed breakdown of revenue and adjusted EBITDA, showcasing the company's financial performance and implications for investors.", "position": 2, "objective": "So what does dLocal's financial performance mean for investors?", "structure": "The Data -> So What? (Insight 1) -> So What? (Insight 2) -> So What? (The Action)", "confidence": 0.7, "description": "Chain insights together, each answering 'so what?' until you reach the actionable conclusion" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }