dLocal Results Presentation Deck
Revenue over
TPV (%)
87
1Q22
4.2%
Another quarter of revenue growth, reaching a record
of $137M in 1023 and a strong 147% NRR
Revenue evolution ($M)
Revenue composition ($M)
101
2Q22
4.2%
112
3Q22
4.1%
118
4Q22
3.6%
16% QOQ
57% YOY
137
1Q23
3.8%
147%
NRR¹
87
1Q22
41
Existing Merchants
9
New Merchants
137
1Q23
d.
Note: ¹"NRR" means Net Revenue Retention rate, which is the U.S. dollar-based measure of retention and growth of
our merchants. We calculate the NRR of a period by dividing the Current Period Revenue by the Prior Period
Revenue. The Prior Period Revenue is the revenue billed by us to all our customers in the prior period. The Current
Period Revenue is the revenue billed by us in the current period to the same customers included in the Prior Period
Revenue. Current Period Revenue includes any upsells and cross sells of products, geographies, and payment
methods to such merchant customers, and is net of any contractions or attrition, but excludes revenue from new
customers onboarded in the last 12 months.
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