2024-03-19 09:42:38 ET
Summary
- DLocal's stock has experienced a sell-off due to decelerating growth rates and uncertainty surrounding foreign fintech businesses.
- The company's balance sheet is strong, with no debt and 10% of its market cap made up of cash.
- DLocal's near-term prospects are bolstered by its strategic initiatives, diversified business verticals, and strong relationships with major tech companies.
Investment Thesis
DLocal ( DLO ) delivers Q4 2023 results that investors did not welcome. On the surface, the reason for the sell-off is obvious. The company's guidance points to yet more deceleration....
Read the full article on Seeking Alpha
For further details see:
DLocal: The Problem Its Guidance, But There's More (Rating Downgrade)