DLO
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 26.81 | 34.69 | 42.08 | 132.19 |
| Price to Sales | 4.38 | 7.94 | 10.99 | 41.98 |
| Book Value Per Common Share | 1.71 | 1.58 | 1.35 | 0.95 |
| Price to Book | 6.58 | 11.23 | 11.53 | 37.56 |
| Price to Operating Cash Flow | -99.65 | 17.60 | 29.80 | 94.47 |
| Price to Free Cash Flow | -58.92 | 18.77 | 32.39 | 169.47 |
| Enterprise Value to EBITDA | 190298.23 | 267054.27 | 358391.11 | 1164914.21 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 79.33 | 75.60 | 52.13 | 102.36 | 88.89 |
| Price to Sales | 14.56 | 12.62 | 11.21 | 15.44 | 12.81 |
| Book Value Per Common Share | 1.72 | 1.53 | 1.91 | 1.71 | 1.60 |
| Price to Book | 8.33 | 7.44 | 4.37 | 6.58 | 4.99 |
| Price to Operating Cash Flow | 43.19 | 26.00 | 25.47 | -22.38 | 60.15 |
| Price to Free Cash Flow | 47.90 | 27.90 | 27.65 | -21.44 | 69.75 |
| Enterprise Value to EBITDA | 583501.91 | 466259.47 | 381153.53 | 2932867.23 | 447023.56 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -17.65 | 37.84 | 37.04 | |
| Revenue YoY | 14.70 | 55.24 | 71.61 | |
| EBITDA YoY | -11.71 | 48.76 | 42.28 | |
| Net Profit YoY | -19.16 | 37.06 | 39.56 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 20.00 | -6.25 | 45.45 | 22.22 | |
| Revenue YoY | 10.15 | 18.31 | 6.00 | 10.08 | |
| EBITDA YoY | 0.79 | 14.34 | 470.03 | -78.52 | |
| Net Profit YoY | 21.06 | -8.19 | 57.10 | 10.83 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.14 | 1.11 | 0.84 | 0.80 |
| Quick Ratio | 1.16 | 1.03 | 1.11 | 1.37 |
| Current Ratio | 1.58 | 1.63 | 1.82 | 1.77 |
| Debt to Equity | 1.40 | 1.38 | 1.07 | 1.08 |
| Long-Term Debt to Equity | 0.01 | 0.01 | 0.01 | 0.02 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 2.43 | 2.11 | 2.19 | 1.18 | 2.26 |
| Quick Ratio | 1.42 | 1.42 | 1.61 | 1.16 | 1.52 |
| Current Ratio | 1.46 | 1.46 | 1.65 | 1.58 | 1.54 |
| Debt to Equity | 1.79 | 1.73 | 1.28 | 1.40 | 1.56 |
| Long-Term Debt to Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 10.28 | 13.74 | 13.15 | 13.36 |
| ROE | 24.63 | 32.73 | 27.20 | 27.78 |
| Gross Margin | 39.50 | 42.57 | 48.26 | 53.43 |
| Operating Margin | 20.31 | 27.54 | 28.75 | 35.08 |
| EBITDA Margin | 22.64 | 29.42 | 30.70 | 37.03 |
| Net Profit Margin | 16.14 | 22.91 | 25.94 | 31.90 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 3.68 | 3.51 | 3.76 | 2.53 | 2.29 |
| ROE | 10.27 | 9.55 | 8.55 | 6.07 | 5.86 |
| Gross Margin | 36.53 | 38.56 | 39.16 | 40.94 | 42.08 |
| Operating Margin | 23.09 | 25.69 | 26.38 | 2.30 | 25.04 |
| EBITDA Margin | 25.49 | 27.85 | 28.82 | 5.36 | 27.47 |
| Net Profit Margin | 18.35 | 16.69 | 21.51 | 14.52 | 14.42 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | ||||
| Dividend Payout Ratio | 350.34 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 1,171,329.00 | 1,084,453.00 | 826,301.00 | 583,008.00 |
| Current Assets | 1,072,883.00 | 1,016,033.00 | 767,828.00 | 529,506.00 |
| Cash and Short-Term Investments | 329,967.00 | 325,485.00 | 249,128.00 | 228,917.00 |
| Cash and Cash Equivalents | 189,029.00 | 222,808.00 | 247,833.00 | 227,913.00 |
| Short-Term Investments | 140,938.00 | 102,677.00 | 1,295.00 | 1,004.00 |
| Net Receivables | 457,164.00 | 319,462.00 | 218,642.00 | 178,877.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 285,752.00 | 371,086.00 | 300,058.00 | 121,712.00 |
| Non-Current Assets | 98,446.00 | 68,420.00 | 58,473.00 | 53,502.00 |
| Property, Plant, Equipment Net | 7,022.00 | 6,606.00 | 6,668.00 | 6,400.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 63,318.00 | 57,887.00 | 51,443.00 | 46,969.00 |
| Long-Term Investments | 4,695.00 | 1,710.00 | 0 | 0 |
| Non-Current Deferred Assets | 5,367.00 | 2,217.00 | 362.00 | 133.00 |
| Other Non-Current Assets | 18,044.00 | 0.00 | 0.00 | 0 |
| Liabilities | 682,342.00 | 629,313.00 | 426,681.00 | 302,707.00 |
| Current Liabilities | 677,621.00 | 625,229.00 | 422,272.00 | 298,398.00 |
| Payables and Expenses | 619,302.00 | 623,293.00 | 419,569.00 | 290,286.00 |
| Account Payables | 562,749.00 | 572,394.00 | 395,134.00 | 269,227.00 |
| Current Accrued Liabilities | 9,895.00 | 10,192.00 | 5,801.00 | 3,173.00 |
| Short-Term Debt | 51,592.00 | 626.00 | 686.00 | 5,516.00 |
| Other Current Liabilities | 6,727.00 | 1,310.00 | 2,017.00 | 2,596.00 |
| Non-Current Liabilities | 4,721.00 | 4,084.00 | 4,409.00 | 4,309.00 |
| Long-Term Debt | 2,863.00 | 3,331.00 | 3,393.00 | 3,426.00 |
| Other Non-Current Liabilities | 1,858.00 | 753.00 | 1,016.00 | 883.00 |
| Equity | 488,987.00 | 455,140.00 | 399,620.00 | 280,301.00 |
| Shareholders Equity | 488,887.00 | 455,031.00 | 399,629.00 | 280,319.00 |
| Capital Stock | 570.00 | 591.00 | 592.00 | 590.00 |
| Share Premium | 186,769.00 | 173,001.00 | 164,307.00 | 157,151.00 |
| Retained Earnings | 490,024.00 | 369,608.00 | 219,993.00 | 109,867.00 |
| Treasury Shares | 200,980.00 | 99,936.00 | 0 | 0 |
| Accumulated Other Comprehensive Income | 12,504.00 | 11,767.00 | 14,737.00 | 12,711.00 |
| Minority Interest | 100.00 | 109.00 | -9.00 | -18.00 |
| Debt | 54,455.00 | 3,957.00 | 4,079.00 | 8,942.00 |
| Common Shares Outstanding | 285,475.14 | 288,820.48 | 296,029.87 | 295,028.44 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 745,974.00 | 650,351.00 | 418,925.00 | 244,120.00 |
| Cost Of Revenue | 451,301.00 | 373,492.00 | 216,758.00 | 113,677.00 |
| Interest Income | 28,266.00 | 49,588.00 | 18,114.00 | 2,556.00 |
| Interest Expense | 501.00 | 578.00 | 177.00 | 142.00 |
| Non-Interest Expense | 99,157.00 | 72,347.00 | 50,463.00 | 44,150.00 |
| Gross Profit | 294,673.00 | 276,859.00 | 202,167.00 | 130,443.00 |
| Operating Expenses | 153,733.00 | 100,338.00 | 68,723.00 | 46,572.00 |
| Selling, General and Administrative Expenses | 99,157.00 | 72,347.00 | 50,463.00 | 44,150.00 |
| Research and Development Expenses | 25,625.00 | 12,650.00 | 6,348.00 | 3,386.00 |
| Other Operating Expenses | 28,951.00 | 15,341.00 | 11,912.00 | -3,367.00 |
| Operating Income | 140,940.00 | 176,521.00 | 133,444.00 | 83,871.00 |
| Net Non-Operating Income | -6,655.00 | -12,537.00 | -1,037.00 | -334.00 |
| EBT | 151,019.00 | 178,514.00 | 120,283.00 | 85,500.00 |
| Income Tax | 30,550.00 | 29,428.00 | 11,586.00 | 7,647.00 |
| Net Income Including Non-Controlling Interests | 120,469.00 | 149,086.00 | 108,697.00 | 77,853.00 |
| Net Income Non-Controlling Interests | -53.00 | -122.00 | -14.00 | 23.00 |
| Net Income | 120,416.00 | 148,964.00 | 108,683.00 | 77,876.00 |
| EBIT | 151,520.00 | 179,092.00 | 120,460.00 | 85,642.00 |
| Deprecation and Amortization | 17,395.00 | 12,225.00 | 8,147.00 | 4,747.00 |
| EBITDA | 168,915.00 | 191,317.00 | 128,607.00 | 90,389.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 290,014.02 | 291,982.30 | 295,623.70 | 287,121.30 |
| Average Shares Outstanding Diluted | 305,136.29 | 302,958.43 | 313,138.65 | 308,930.30 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -32,784.00 | 293,453.00 | 154,451.00 | 108,486.00 |
| Operating Net Income | 151,019.00 | 178,514.00 | 120,283.00 | 85,500.00 |
| Deprecation and Amortization | 17,395.00 | 12,225.00 | 8,147.00 | 4,747.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 23,780.00 | 11,922.00 | 8,684.00 | 7,590.00 |
| Change in Working Capital | -167,221.00 | 104,302.00 | 20,779.00 | 25,147.00 |
| Other Operating Activities | -57,757.00 | -13,510.00 | -3,442.00 | -14,498.00 |
| Investing Cash Flow | -17,752.00 | -84,667.00 | 4,305.00 | -37,941.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -1,705.00 | -965.00 | -987.00 | -1,949.00 |
| Net Purchase/Sale of Investments Net | -23,371.00 | -116,030.00 | -327.00 | 7,520.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 7,324.00 | 32,328.00 | 5,619.00 | -43,512.00 |
| Financing Cash Flow | -68,587.00 | -133,871.00 | -27,327.00 | 153,748.00 |
| Net Issuance/Repayment of Debt | 49,876.00 | -1,103.00 | -5,571.00 | 4,570.00 |
| Net Issuance/Repurchase of Equity | -101,067.00 | -97,929.00 | -2,021.00 | 150,265.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -17,396.00 | -34,839.00 | -19,735.00 | -1,087.00 |
| Net Change in Cash | -119,123.00 | 74,915.00 | 131,429.00 | 224,293.00 |
| Cash at Beginning of Period | 536,160.00 | 468,092.00 | 336,197.00 | 111,733.00 |
| Cash at End of Period | 425,172.00 | 536,160.00 | 468,092.00 | 336,197.00 |
| Free Cash Flow | -55,431.00 | 275,228.00 | 142,099.00 | 60,469.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 1,408,754.00 | 1,221,312.00 | 1,241,647.00 | 1,171,329.00 | 1,171,159.00 |
| Current Assets | 1,307,038.00 | 1,120,364.00 | 1,142,806.00 | 1,072,883.00 | 1,091,522.00 |
| Cash and Short-Term Investments | 699,493.00 | 602,465.00 | 636,993.00 | 329,967.00 | 672,779.00 |
| Cash and Cash Equivalents | 604,467.00 | 476,939.00 | 511,506.00 | 189,029.00 | 560,532.00 |
| Short-Term Investments | 95,026.00 | 125,526.00 | 125,487.00 | 140,938.00 | 112,247.00 |
| Net Receivables | 576,389.00 | 487,320.00 | 477,349.00 | 457,164.00 | 405,917.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 31,156.00 | 30,579.00 | 28,464.00 | 285,752.00 | 12,826.00 |
| Non-Current Assets | 101,716.00 | 100,948.00 | 98,841.00 | 98,446.00 | 79,637.00 |
| Property, Plant, Equipment Net | 7,328.00 | 8,332.00 | 7,859.00 | 7,022.00 | 7,247.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 63,318.00 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 4,695.00 | 0 |
| Non-Current Deferred Assets | 5,428.00 | 5,961.00 | 5,468.00 | 5,367.00 | 3,277.00 |
| Other Non-Current Assets | 0 | 0 | 0 | 18,044.00 | 0 |
| Liabilities | 904,089.00 | 773,132.00 | 696,447.00 | 682,342.00 | 714,153.00 |
| Current Liabilities | 897,755.00 | 766,517.00 | 691,760.00 | 677,621.00 | 709,892.00 |
| Payables and Expenses | 831,535.00 | 705,411.00 | 634,764.00 | 619,302.00 | 687,133.00 |
| Account Payables | 816,729.00 | 691,081.00 | 614,133.00 | 562,749.00 | 669,608.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 9,895.00 | 0 |
| Short-Term Debt | 1,147.00 | 1,201.00 | 1,107.00 | 51,592.00 | 1,127.00 |
| Other Current Liabilities | 65,073.00 | 59,905.00 | 55,889.00 | 6,727.00 | 21,632.00 |
| Non-Current Liabilities | 6,334.00 | 6,615.00 | 4,687.00 | 4,721.00 | 4,261.00 |
| Long-Term Debt | 2,566.00 | 2,697.00 | 2,825.00 | 2,863.00 | 2,985.00 |
| Other Non-Current Liabilities | 3,768.00 | 3,918.00 | 1,862.00 | 1,858.00 | 1,276.00 |
| Equity | 504,665.00 | 448,180.00 | 545,200.00 | 488,987.00 | 457,006.00 |
| Shareholders Equity | 504,531.00 | 447,960.00 | 545,081.00 | 488,887.00 | 456,879.00 |
| Capital Stock | 588.00 | 587.00 | 570.00 | 570.00 | 570.00 |
| Share Premium | 0 | 192,820.00 | 187,671.00 | 186,769.00 | 182,946.00 |
| Retained Earnings | 479,283.00 | 429,482.00 | 536,654.00 | 490,024.00 | 458,528.00 |
| Treasury Shares | 0 | 200,980.00 | 200,980.00 | 200,980.00 | 200,980.00 |
| Accumulated Other Comprehensive Income | 24,660.00 | 26,051.00 | 21,166.00 | 12,504.00 | 15,815.00 |
| Minority Interest | 134.00 | 220.00 | 119.00 | 100.00 | 127.00 |
| Debt | 3,713.00 | 3,898.00 | 3,932.00 | 54,455.00 | 4,112.00 |
| Common Shares Outstanding | 294,195.26 | 293,703.52 | 285,529.97 | 285,475.14 | 285,175.86 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 282,483.00 | 256,458.00 | 216,759.00 | 204,491.00 | 185,774.00 |
| Cost Of Revenue | 179,294.00 | 157,573.00 | 131,880.00 | 120,780.00 | 107,594.00 |
| Interest Income | 10,418.00 | 11,110.00 | 12,228.00 | -26,573.00 | 7,335.00 |
| Interest Expense | 4,035.00 | 14,895.00 | 5,259.00 | -36,079.00 | 17,420.00 |
| Non-Interest Expense | 36,363.00 | 31,845.00 | 31,459.00 | 9,087.00 | 29,528.00 |
| Gross Profit | 103,189.00 | 98,885.00 | 84,879.00 | 83,711.00 | 78,180.00 |
| Operating Expenses | 47,605.00 | 41,705.00 | 38,648.00 | 40,910.00 | 37,036.00 |
| Selling, General and Administrative Expenses | 36,363.00 | 31,845.00 | 31,459.00 | 9,087.00 | 29,528.00 |
| Research and Development Expenses | 8,844.00 | 7,380.00 | 6,767.00 | 6,822.00 | 6,930.00 |
| Other Operating Expenses | 2,398.00 | 2,480.00 | 422.00 | 25,001.00 | 578.00 |
| Operating Income | 55,584.00 | 57,180.00 | 46,231.00 | 42,801.00 | 41,144.00 |
| Net Non-Operating Income | -794.00 | 0 | -885.00 | -392.00 | -1,954.00 |
| EBT | 61,178.00 | 50,996.00 | 51,929.00 | 40,791.00 | 29,097.00 |
| Income Tax | 9,388.00 | 8,188.00 | 5,262.00 | 11,090.00 | 2,286.00 |
| Net Income Including Non-Controlling Interests | 51,790.00 | 42,808.00 | 46,667.00 | 29,701.00 | 26,811.00 |
| Net Income Non-Controlling Interests | 35.00 | 2.00 | -37.00 | -19.00 | -29.00 |
| Net Income | 51,825.00 | 42,810.00 | 46,630.00 | 29,682.00 | 26,782.00 |
| EBIT | 65,213.00 | 65,891.00 | 57,188.00 | 4,712.00 | 46,517.00 |
| Deprecation and Amortization | 6,784.00 | 5,540.00 | 5,287.00 | 6,248.00 | 4,517.00 |
| EBITDA | 71,997.00 | 71,431.00 | 62,475.00 | 10,960.00 | 51,034.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 287,916.67 | 285,400.00 | 291,437.50 | 280,443.49 | 297,577.78 |
| Average Shares Outstanding Diluted | 304,852.94 | 305,785.71 | 310,866.67 | 294,860.96 | 297,577.78 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 95,174.00 | 124,459.00 | 95,411.00 | -141,131.00 | 39,571.00 |
| Operating Net Income | 61,178.00 | 50,996.00 | 51,929.00 | 40,791.00 | 29,097.00 |
| Deprecation and Amortization | 6,784.00 | 5,540.00 | 5,287.00 | 6,248.00 | 4,517.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 6,840.00 | 4,911.00 | 6,020.00 | 6,339.00 | 6,204.00 |
| Change in Working Capital | 33,260.00 | 62,151.00 | 39,461.00 | -179,671.00 | -8,791.00 |
| Other Operating Activities | -12,888.00 | 861.00 | -7,286.00 | -14,838.00 | 8,544.00 |
| Investing Cash Flow | 30,227.00 | -10,493.00 | -6,364.00 | -24,057.00 | 2,020.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -220.00 | -515.00 | -945.00 | -427.00 | -52.00 |
| Net Purchase/Sale of Investments Net | 31,152.00 | -8,035.00 | -3,958.00 | -24,852.00 | 21.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -705.00 | -1,943.00 | -1,461.00 | 1,222.00 | 2,051.00 |
| Financing Cash Flow | 3,718.00 | -150,520.00 | -926.00 | 31,561.00 | -6,895.00 |
| Net Issuance/Repayment of Debt | -370.00 | 5,745.00 | 5,127.00 | 50,316.00 | -371.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | -19,316.00 |
| Dividends Paid | 0 | -149,982.00 | 0 | 0 | 0 |
| Other Financing Activities | 4,088.00 | -6,283.00 | 0 | -18,755.00 | 12,792.00 |
| Net Change in Cash | 129,118.00 | -36,554.00 | 88,121.00 | -133,627.00 | 34,696.00 |
| Cash at Beginning of Period | 476,939.00 | 511,506.00 | 425,172.00 | 560,532.00 | 531,620.00 |
| Cash at End of Period | 604,467.00 | 476,939.00 | 511,506.00 | 425,172.00 | 560,532.00 |
| Free Cash Flow | 85,825.00 | 116,025.00 | 87,899.00 | -147,257.00 | 34,140.00 |