$DLocal (DLO.US)$Since financial data was excluded from the ...

The Uruguayan company listed in 2021 is mainly engaged in payment business. 70% of the market is in Latin America, and the current price is 16.3.

Since listing, revenue has continued to grow for two years. It increased 71.6% in 2022, operating profit increased 59% in 2022, and net profit increased 39.6% in 2022. The 2022 interest burden is negligible. Gross margin has continued to decline for the past two years, from 57.7% to 48.3%, and return on net assets to 32%.

In the first three quarters of 2023, revenue increased by 53.9%. Operating profit increased by only 34.3% due to excessive growth in costs and expenses, and net profit increased 35%.

The current balance ratio is 57.2%. Accounts receivable reached 220 million in 2022, which is 52% of revenue. However, during periods of rapid growth, excessive growth in accounts receivable is also quite common. Goodwill and other intangible assets of $56 million, accounting for 13% of net assets of $431 million, with no interest-bearing liabilities.

Currently, $602 million in cash, a current ratio of 1.7, and a moving ratio of 1.6 are all healthy.

Net cash flow from operations was significantly higher than net investment, generating many shareholders' surpluses.

Currently, the price-earnings ratio is 46.6, and the price-earnings ratio is TTM36.2. Although the uncertainty about the new listing is very high, the discount compared to the growth rate is obvious, so you can choose carefully (⭐️)