0001846832-26-000031 | 6-K | XBRL Viewer

Cover	6 Months Ended
Jun. 30, 2026
Cover [Abstract]
Document Type	6-K
Document Period End Date	Jun. 30, 2026
Current Fiscal Year End Date	--12-31
Registrant Name	DLocal Limited
Entity Address, Address Description	PO Box 1093, Boundary Hall,Cricket Square, Grand CaymanKY1-1102Cayman Islands
Amendment Flag	false
Central Index Key	0001846832

Business combinations (Details) $ in Thousands	Feb. 27, 2026 USD ($)
Business Combination [Abstract]
Total other net identifiable assets	$ 804
TradePayableOffsetAcquisition	$ (500)

Label

Element

Value

Share-based payments net of forfeitures

dlo_ShareBasedPaymentsNetOfForfeitures

$ 10,931,000

Share-based payments net of forfeitures

dlo_ShareBasedPaymentsNetOfForfeitures

10,931,000

Adjustments to Interest income from financial instruments classified as operating activities

dlo_AdjustmentsToInterestIncomeFromFinancialInstrumentsClassifiedAsOperatingActivities

(15,657,000)

Adjustments to Interest income from financial instruments classified as operating activities

dlo_AdjustmentsToInterestIncomeFromFinancialInstrumentsClassifiedAsOperatingActivities

(11,083,000)

Adjustments to interest charges related to lease liabilities, classified as operating activities

dlo_AdjustmentsToInterestChargesRelatedToLeaseLiabilitiesClassifiedAsOperatingActivities

110,000

Adjustments to interest charges related to lease liabilities, classified as operating activities

dlo_AdjustmentsToInterestChargesRelatedToLeaseLiabilitiesClassifiedAsOperatingActivities

82,000

Adjustments to Other interest rates, classified as operating activities

dlo_AdjustmentsToOtherInterestRatesClassifiedAsOperatingActivities

6,760,000

Adjustments to Other interest rates, classified as operating activities

dlo_AdjustmentsToOtherInterestRatesClassifiedAsOperatingActivities

2,452,000

Adjustments to Financial expenses related to derivative financial instruments, classified as operating activities

dlo_AdjustmentsToFinancialExpensesRelatedToDerivativeFinancialInstrumentsClassifiedAsOperatingActivities

3,632,000

Adjustments to Financial expenses related to derivative financial instruments, classified as operating activities

dlo_AdjustmentsToFinancialExpensesRelatedToDerivativeFinancialInstrumentsClassifiedAsOperatingActivities

3,591,000

Adjustments to Amortization of intangible assets, classified as operating activities

dlo_AdjustmentsToAmortizationOfIntangibleAssetsClassifiedAsOperatingActivities

14,390,000

Adjustments to Amortization of intangible assets, classified as operating activities

dlo_AdjustmentsToAmortizationOfIntangibleAssetsClassifiedAsOperatingActivities

9,639,000

Adjustments to Depreciation and disposal of assets, facilities and equipment and rights of use, classified as operating activities

dlo_AdjustmentsToDepreciationAndDisposalOfAssetsFacilitiesAndEquipmentAndRightsOfUseClassifiedAsOperatingActivities

1,261,000

Adjustments to Depreciation and disposal of assets, facilities and equipment and rights of use, classified as operating activities

dlo_AdjustmentsToDepreciationAndDisposalOfAssetsFacilitiesAndEquipmentAndRightsOfUseClassifiedAsOperatingActivities

1,188,000

Increase in trade and other accounts receivable, classified as operating activities

dlo_IncreaseInTradeAndOtherAccountsReceivableClassifiedAsOperatingActivities

(580,738,000)

Increase in trade and other accounts receivable, classified as operating activities

dlo_IncreaseInTradeAndOtherAccountsReceivableClassifiedAsOperatingActivities

8,036,000

Decrease (Increase) in other assets, classified as operating activities

dlo_DecreaseIncreaseInOtherAssetsClassifiedAsOperatingActivities

(18,544,000)

Decrease (Increase) in other assets, classified as operating activities

dlo_DecreaseIncreaseInOtherAssetsClassifiedAsOperatingActivities

2,200,000

Increase/(Decrease) in trade and other accounts payable, classified as operating activities

dlo_IncreaseDecreaseInTradeAndOtherAccountsPayableClassifiedAsOperatingActivities

700,507,000

Increase/(Decrease) in trade and other accounts payable, classified as operating activities

dlo_IncreaseDecreaseInTradeAndOtherAccountsPayableClassifiedAsOperatingActivities

93,294,000

Increase / (Decrease) in Tax Liabilities, classified as operating activities.

dlo_IncreaseDecreaseInTaxLiabilitiesClassifiedAsOperatingActivities.

2,316,000

Increase / (Decrease) in Tax Liabilities, classified as operating activities.

dlo_IncreaseDecreaseInTaxLiabilitiesClassifiedAsOperatingActivities.

(1,963,000)

Increase/Decrease in Provisions, classified as operating activities

dlo_IncreaseDecreaseInProvisionsClassifiedAsOperatingActivities

326,000

Increase/Decrease in Provisions, classified as operating activities

dlo_IncreaseDecreaseInProvisionsClassifiedAsOperatingActivities

44,000

Acquisitions of financial assets at fair value through profit or loss, classified as investing activities

dlo_AcquisitionsOfFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsInvestingActivities

92,040,000

Acquisitions of financial assets at fair value through profit or loss, classified as investing activities

dlo_AcquisitionsOfFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsInvestingActivities

133,464,000

Collection of financial assets at fair value through profit or loss

dlo_CollectionOfFinancialAssetsAtFairValueThroughProfitOrLoss

(111,123,000)

Collection of financial assets at fair value through profit or loss

dlo_CollectionOfFinancialAssetsAtFairValueThroughProfitOrLoss

(133,970,000)

Payments for investments in other assets at fair value per share, classified as investing activities

dlo_PaymentsForInvestmentsInOtherAssetsAtFairValuePerShareClassifiedAsInvestingActivities

Payments for investments in other assets at fair value per share, classified as investing activities

dlo_PaymentsForInvestmentsInOtherAssetsAtFairValuePerShareClassifiedAsInvestingActivities

12,500,000

Repurchase of shares, classified as a financing activity

dlo_RepurchaseOfSharesClassifiedAsAFinancingActivity

86,062,000

Repurchase of shares, classified as a financing activity

dlo_RepurchaseOfSharesClassifiedAsAFinancingActivity

Interest payments on lease liabilities, classified as financing activities

dlo_InterestPaymentsOnLeaseLiabilitiesClassifiedAsFinancingActivities

110,000

Interest payments on lease liabilities, classified as financing activities

dlo_InterestPaymentsOnLeaseLiabilitiesClassifiedAsFinancingActivities

82,000

Financial expenses paid related to derivative financial instruments, classified as financing activities

dlo_FinancialExpensesPaidRelatedToDerivativeFinancialInstrumentsClassifiedAsFinancingActivities

3,300,000

Financial expenses paid related to derivative financial instruments, classified as financing activities

dlo_FinancialExpensesPaidRelatedToDerivativeFinancialInstrumentsClassifiedAsFinancingActivities

5,080,000

Other financial expenses paid, classified as financing activities

dlo_OtherFinancialExpensesPaidClassifiedAsFinancingActivities

6,864,000

Other financial expenses paid, classified as financing activities

dlo_OtherFinancialExpensesPaidClassifiedAsFinancingActivities

$ 2,113,000

Disclosure of Operations [Text Block]

dlo_DisclosureOfOperationsTextBlock

1. General information and significant events of the period

1.1. General information

DLocal Limited (“dLocal” or the “Company”) was established on October 5, 2016 as a limited liability holding company in Malta (together with its subsidiaries as the “Group”). On April 14, 2021 the Group was reorganized under dLocal and domiciled and incorporated in the Cayman Islands. The Company holds a controlling financial interest in the Group.

The Group processes payment transactions, enabling merchants generally located in developed economies (mainly United States, Europe and China) to receive payments (“pay-ins”) from customers in emerging markets and to facilitate payments (“pay-outs”) to customers in emerging markets. As of the date these Consolidated Condensed Interim Financial Statements were issued, the Group continued to focus on its geographic expansion, increasing the total number of in-network countries.

The Group processes local payments in emerging markets through its network of acquirers and payments processors. Through its partnership with financial institutions, the Group expatriates/repatriates funds to/from developed economies where the merchant customers elect settlement in their preferred currency (mainly U.S. Dollar and Euro). These Unaudited Consolidated Condensed Interim Financial Statements include dLocal’s subsidiaries.

The Group is licensed and regulated in the EU as an Electronic Money Issuer, or EMI, and Payment Institution, or PI, and registered as a Money Service Business with the Financial Crimes Enforcement Network of the U.S. Department of the Treasury, or FinCEN, and operates and may be licensed, where applicable, in many countries in emerging markets, primarily in the Americas, Asia and Africa. In December 2024, the Group achieved a significant advancement by obtaining a license in the United Kingdom as an Authorized Payment Institution (API), further enhancing its global regulatory framework.

In addition, the Group is subject to laws aimed at preventing money laundering, corruption, and the financing of terrorism. This regulatory landscape is constantly evolving, as evidenced by the implementation of the Fifth Anti-Money Laundering Directive (Directive (EU) 2018/843, “MLD5”) and the proposed amendments to the Fourth Anti-Money Laundering Directive (MLD4).

1.2. Significant events during the period

a)Class action lawsuits

On February 23 and February 28, 2023, respectively, the Company was named, along with several of its senior executives and/or directors, as defendants in certain putative class action lawsuits filed in the Supreme Court of the State of New York, New York County, asserting claims under Sections 11, 12, and 15 of the Securities Act of 1933, based in significant part on a short-seller report. These matters, Zappia et al. v. DLocal Limited et al., Index No. 151778/2023 (Sup. Ct. N.Y. Cty.), and Hunt et al. v. DLocal Limited et al., Index No. 651058/2023 (Sup. Ct. N.Y. Cty.), or the Zappia and Hunt Actions, allege, among other things, that the registration statement for the Company’s June 2021 initial public offering reflected certain material misstatements or omissions.

On March 3, 2023, plaintiffs in the two actions filed a stipulation and proposed order consolidating the cases and appointing putative lead counsel. The parties also agreed to a schedule for plaintiffs’ filing of an amended complaint and a subsequent briefing schedule for a motion to dismiss the amended complaint.

On May 12, 2023, plaintiffs in the Zappia and Hunt Actions jointly filed a consolidated amended complaint. On July 11, 2023, the Company filed a motion to dismiss the complaint. Plaintiffs filed their opposition brief on August 15, 2023, and the Company filed a reply in further support of its motion to dismiss on September 22, 2023. On February 29, 2024, the court presided over oral argument on the motion. On March 20, 2025, the court issued a decision and order granting the motion and dismissing the complaint as to all moving defendants, including dLocal. On April 18, 2025, the plaintiffs filed a notice of appeal of the decision and order granting the motion to dismiss. The plaintiffs had until October 18, 2025 to “perfect” their appeal by filing their opening appellate brief and the record on appeal. In an order dated June 9, 2025, the court dismissed the complaint in its entirety against the Individual Defendants for failure to effectuate service. On October 20, 2025, the plaintiffs filed their opening appellate brief as against the Company in the Supreme Court of the State of New York, Appellate Division, First Judicial Department. The Company’s response brief was filed on January 9, 2026, and Plaintiffs submitted a reply brief on February 13, 2026. The First Department heard oral argument on Plaintiffs’ appeal on March 25, 2026 and, on April 16, 2026, issued a unanimous Decision and Order affirming the lower court’s dismissal Order in full. The deadline for Plaintiffs to file any motion for leave to reargue and/or for permission to appeal to the New York Court of Appeals passed on May 18, 2026 with no filings.

The Company has also been named, along with several of its senior executives and/or directors, in a putative class action lawsuit filed in the U.S. District Court for the Eastern District of New York, asserting claims under Sections 11 and 15 of the Securities Act and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5 promulgated thereunder. This lawsuit, captioned Laurenzi v. dLocal Ltd., et al., 1:23-cv-07501 (E.D.N.Y.) (Laurenzi Action), was initiated on October 6, 2023. On January 4, 2024, the Court appointed a Lead Plaintiff. On March 18, 2024, Lead Plaintiff filed an amended class action complaint. The amended complaint alleges misstatements and omissions in the registration statement for the Company’s June 2021 initial public offering and in various public filings and press releases during the period of June 2, 2021, through June 5, 2023. Pursuant to a schedule agreed upon with Lead Plaintiff’s counsel, the Company filed on April 30, 2024, a letter, as required by court rules, requesting a pre-motion conference regarding an anticipated motion to dismiss the Laurenzi Action in full. Lead Plaintiff responded to that letter on May 14, 2024. On June 10, 2024, the court held the requested preliminary conference and set a schedule for briefing on the Company’s motion to dismiss. The Company served its opening brief on August 9, 2024, Lead Plaintiff served an opposition on October 11, 2024, and the Company served its reply on November 8, 2024. The court has not yet indicated whether it will hear oral argument on the Company’s motion, and no other proceedings are currently ongoing or scheduled. On July 9, 2025, the court issued an order holding the motion “in abeyance” until six months after the issuance of letters rogatory addressed to certain individual defendants. On August 20, 2025, the court formally issued letters rogatory addressed to such individual defendants. On February 10, 2026, the court granted at Lead Plaintiff’s request an extension of time until April 15, 2026 to effectuate international service of process on such individual defendants. Those individual defendants received international service of process in approximately early March 2026 and, on March 31, 2026, filed a notice of joinder in dLocal’s motion to dismiss.

Due to the preliminary posture of the above-described lawsuit as of the date of issuance of these Unaudited Consolidated Condensed Interim Financial Statements, the Company’s management and its legal advisors are unable to evaluate the likelihood of an adverse outcome or estimate a range of potential losses and no provision for contingencies has been recorded for the aforementioned matter. DLocal Limited intends to defend itself vigorously in this action. As of the date of issuance of the Company’s Unaudited Consolidated Condensed Interim Financial Statements there were no further updates in this regard.

b)Dividends

On May 13, 2026, the Company’s Board of Directors authorized and declared a cash dividend of an aggregate of US$57,211,274, equivalent to approximately US$0.1939 per share (subject to adjustment according to the number of shares outstanding as of the record date), to shareholders of record as of the close of the business day on May 27, 2026, paid on June 10, 2026.

Description Of Accounting Policy For Basis Of Preparation [Policy Text Block]

dlo_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock

2.1. Basis of preparation of Unaudited Consolidated Condensed Interim Financial Statements

These Unaudited Consolidated Condensed Interim Financial Statements for the six months ended June 30, 2026, have been prepared in accordance with International Accounting Standard 34, “Interim Financial Reporting” as issued by the International Accounting Standard Board.

These Unaudited Consolidated Condensed Interim Financial Statements do not include all the notes of the type normally included in an annual consolidated financial statement. Accordingly, this report should be read in conjunction with the annual consolidated financial statements for the year ended December 31, 2025 (the “Annual Financial Statements”), except for the business combination and goodwill accounting policies adopted in this quarter as follows:

All amounts are presented in thousands of U.S. Dollars except share data or as otherwise indicated.

These Unaudited Consolidated Condensed Interim Financial Statements for the six months ended June 30, 2026 were authorized for issuance by dLocal’s Board of Directors on August 11, 2026.

2.1.1 Business combination

Acquisitions of businesses are accounted for using acquisition method. The consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition date fair value of the assets transferred to the Company, liabilities incurred by the Company to the former owners of the acquiree and the equity interest issued by the Company in exchange for control of the acquiree. Acquisition-related costs are recognized in profit or loss as incurred.

At the acquisition date, the identifiable assets acquired and the liabilities assumed are recognized at their fair value, except that:

•deferred tax assets or liabilities, and assets or liabilities related to employee benefit arrangements are recognized and measured in accordance with IAS 12 - Income taxes and IAS 19 - Employee Benefits; and

•Liabilities or equity instruments related to share-based payment arrangements of the acquiree or share-based payment arrangements of the Company entered into to replace shared-based payment arrangements of the acquiree are measured in accordance with IFRS 2 - Share-based Payment.

Goodwill is measured as the excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquired business, and the fair value of the acquirer’s previously held equity interest in the acquired business (if any) over the net of the acquisition date amounts of the identifiable assets acquired and liabilities assumed. If, after reassessment, the net of the acquisition date amounts of the identifiable assets acquired and liabilities assumed exceeds the sum of the consideration transferred, the amount of any non-controlling interests in the acquired business and the fair value of the acquirer’s previously held equity interest in the acquired business (if any), the excess is recognized immediately in profit or loss as a bargain purchase gain.

Non-controlling interests that are present ownership interest and entitle their holders to a proportionate share of the entity’s net assets in the event of liquidation may be initially measured either at fair value or at the non-controlling interests’ proportionate share of the recognized amounts of the acquired business identifiable net assets. The choice of measurement basis is made on a transaction-by-transaction basis.

When the consideration transferred by the Company in a business combination includes assets or liabilities resulting from a contingent consideration arrangement, the contingent consideration is measured as its acquisition-date fair value and included as part of the consideration transferred in a business combination. Changes in the fair value of the contingent consideration that qualify as measurement period adjustments are adjusted retrospectively, with corresponding adjustments against goodwill. Measurement period adjustments are adjustments that arise from additional information obtained during the ‘measurement period’ (which cannot exceed one year from the acquisition date) about facts and circumstances that existed at the acquisition date.

The subsequent accounting for changes in the fair value of the contingent consideration that do not quality as measurement period adjustments depends on how the contingent consideration is classified. Contingent consideration that is classified as equity is not remeasured at subsequent reporting dates and its subsequent settlement is accounted for within equity. Contingent consideration that is classified as an asset or a liability is remeasured at subsequent reporting dates in accordance with IFRS 3 and IFRS 13, as appropriate, with the corresponding gain or loss being recognized in profit or loss.

When a business combination is achieved in stages, the Company’s previously held equity interest in the acquiree is remeasured to its acquisition-date fair value and the resulting gain or loss, if any, is recognized in profit or loss. Amounts arising from interests in the acquiree prior to the acquisition date that have previously been recognized in other comprehensive income are reclassified to profit or loss where such treatment would be appropriate if that interest were disposed of.

Arrangements that include remuneration of former owners of the acquiree for future services are excluded of the acquisitions and will be recognized as expense during the required service period.

2.1.2 Goodwill

Goodwill arising in a business combination is carried at cost as established at the acquisition date of the business less accumulated impairment losses, if any. For the purpose of impairment testing, goodwill is allocated to a unique cash generating unit (“CGU”).

Goodwill is not amortized and is reviewed for impairment at least annually or more frequently when there is an indication that the business may be impaired. If the recoverable amount of the business is less than its carrying amount, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the business and then to the other assets of the business pro-rata on the basis of the carrying amount of each asset in the business. Any impairment loss for goodwill is recognized directly in profit or loss in the consolidated statement of comprehensive income. An impairment loss recognized for goodwill is not reversed in a subsequent period.

The Company has not recognized any impairment loss in the six-months period ended on June 30, 2026.

The accounting policies and critical accounting estimates and judgments adopted, except for those explicitly indicated on these Unaudited Consolidated Condensed Interim Financial Statements, are consistent with those of the previous financial year and corresponding interim reporting period, except in relation to the fair value measurements arising from the business combination completed during the period, as further described in Note 27. Business Combination.

2.1.3 Crypto Assets

The Company may hold USD Coin (“USDC”) and Tether (“USDT”) (together as “Crypto Assets”) as transitory settlement assets within its payment processing operations. The Group does not hold stablecoins for investment purposes, treasury management or speculative purposes. Accordingly, the Company has elected the following accounting policy over crypto assets transactions:

•USDC: classified as a financial asset at fair value through profit or loss (FVPL) under IFRS 9 - Financial instruments. On initial recognition, USDC is measured at fair value (USD 1.00 per unit translated at the spot exchange rate). Subsequently, USDC is re-measured to fair value at each reporting date, changes in fair value are recognized as cost of service.

•USDT: classified as an intangible asset under IAS 38 - Intangible assets and measured at cost less accumulated impairment losses. USDT is not amortized (indefinite useful life) and is tested for impairment under IAS 36 at each reporting date. Impairment losses, when applicable, are recognized immediately in profit or loss as cost of services.

The crypto assets are held for short period, and only corresponding to merchant payment processing volume, additions and disposals are characterized by high turnover, large volumes and short-term periods. Inflows and outflows associated with payment volume transactions of the Company’s merchants are nearly immediately converted into cash. Inflows and outflows generated from USDC and USDT are classified within operating activities on a net proceeds basis.

The Company’s retained processing fees, when converted to fiat currency, constitute cash inflows to the Company, which are classified within operating activities on a net proceeds basis.

The Company has no balances in USDC or USDT as of June 30, 2026.

Description Of Accounting Policy For New Standarts And Interpretations [Policy Text Block]

dlo_DescriptionOfAccountingPolicyForNewStandartsAndInterpretationsPolicyTextBlock

2.2. New accounting pronouncements

The accounting policies adopted in the preparation of the Unaudited Consolidated Condensed Interim Financial statements are consistent with those followed in the preparation of the Group’s Annual Consolidated Financial Statements for the year ended December 31, 2025.

IFRS 9 – Financial Instruments and IFRS 7 Financial Instruments: Disclosure (effective on January 1, 2026)

On May 30, 2024, the IASB issued target amendments to IFRS 9 and IFRS 7. The amendments intend to:

•Clarify the period of recognition and derecognition of some financial assets and liabilities, with new exception for some financial liabilities settled through electronic cash transfer;

•Provides further guidance for assessing whether a financial asset meets the solely payments of principal and interest (SPPI) criterion;

•add new disclosures for certain instruments with contractual terms that can change cash flows (such as some financial instruments with features linked to the achievement of environment, social and governance targets)/ and

•update the disclosures for equity instruments designated at fair value through other comprehensive income (“FVTOCI”).

The Group adopted these amendments on 1 January 2026. The adoption did not have a material impact on the Group’s financial statements.

2.3. Impact of IFRS Accounting Standards issued but not yet applied by the Group

The following new standards, amendments to standards and interpretation of IFRS issued by the IASB were not adopted since they are not effective for the issuance of the Unaudited Consolidated Condensed Interim Financial Statements. The Company is assessing the impact of the standards and plans to adopt these new standards, amendments, and interpretation, if applicable, when they become effective.

IFRS 18 - Presentation and disclosure in financial statements (effective on January 1, 2027)

IFRS 18 will replace IAS 1 Presentation of financial statements, introducing new requirements that will help to achieve comparability of the financial performance of similar entities and provide more relevant information and transparency to users. Even though IFRS 18 will not impact the recognition or measurement of items in the financial statements, its impacts on presentation and disclosure are expected to be pervasive, particularly those related to the statement of financial performance and providing management-defined performance measures within the financial statements.

The group is in the process of determining the impact on the group of applying IFRS 18, which will be followed by a transition plan to report our first IFRS 18-compliant interim financial statements for the period ending March 31, 2027 and annual financial statements for the period ending 31 December 2027. It is also expected that the cash flow statement will be impacted, because interest and dividends received and finance costs paid are required to each be presented in a single category.

The group currently presents an operating profit subtotal. The group is performing a detailed assessment to determine the appropriate classification of items to ensure that the operating profit subtotal will comply with the requirements of IFRS 18. Furthermore, the new aggregation and disaggregation requirements will lead into changes to present the most useful structured summary.

The group will apply the new standard from its mandatory effective date of 1 January 2027. Retrospective application is required, and so the comparative information for the financial year ending 31 December 2026 will be restated in accordance with IFRS 18.

At each subsequent reporting period, the group will provide an update on the progress towards transition to IFRS 18.

IFRS 19 - Subsidiaries without Public Accountability: Disclosures and amendment (effective on January 1, 2027)

Issued on May 9, 2024, IFRS 19 allows for certain eligible subsidiaries of parent entities that report under IFRS Accounting Standards to apply reduced disclosure requirements. The Group does not expect this standard to have an impact on its operations or financial statements.

Amendments to IAS 21 – Translation to a Hyperinflationary Presentation Currency

Issued in November 2025, the IASB amended IAS 21 to clarify the translation requirements when an entity presents its financial statements in the currency of a hyperinflationary economy while its functional currency, or the functional currency of a foreign operation, is not hyperinflationary. The amendments provide guidance on how such financial statements should be translated in these circumstances.

The Group does not expect this amendment to have an impact on its operations or financial statements.

Percentage Of Revenue From Top Ten Merchants

dlo_PercentageOfRevenueFromTopTenMerchants

6100.00%

Number Of Customers Accounted For More Than Ten Percentage Of Total Revenue On Individual Level

dlo_NumberOfCustomersAccountedForMoreThanTenPercentageOfTotalRevenueOnIndividualLevel

Disclosure Of Detailed Information About Technology And Development Expenses Explanatory [Table Text Block]

dlo_DisclosureOfDetailedInformationAboutTechnologyAndDevelopmentExpensesExplanatoryTableTextBlock

7. Technology and development expenses

Technology and development expenses consist of the following:


	Six months ended		Three months ended
	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Salaries and wages (i)	13,423	7,529	6,798	4,288
Software licenses (ii)	5,008	3,032	3,112	1,557
Infrastructure expenses (iii)	3,871	1,900	2,304	905
Information and technology security expenses (iv)	1,116	274	366	24
Other technology expenses	2,004	1,412	718	606
Total	25,422	14,147	13,298	7,380

(i)Consists primarily of compensation of full-time equivalents, or FTEs, engaged in or related to product and technology development, excluding capitalized salaries and wages related to internally generated software. For further detail on total salaries and wages refer to Note 9. Employee Benefits.

(ii)Consists of software licenses used exclusively by the technology development department for the development of the platform.

(iii)Represents information technology costs to support the Group’s infrastructure and back-office operations.

(iv)Represents costs incurred to monitor the security of our network and platform.

Disclosure Of Additional Information About Sales And Marketing Expenses And General And Administrative Expenses Explanatory [Table Text Block]

dlo_DisclosureOfAdditionalInformationAboutSalesAndMarketingExpensesAndGeneralAndAdministrativeExpensesExplanatoryTableTextBlock

8. Sales and marketing expenses and General and administrative expenses

Sales and marketing expenses and General and administrative expenses are comprised of the following:


	Six months ended		Three months ended
Sales and marketing expenses	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Salaries and wages (i)	15,419	9,509	7,639	3,828
Marketing expenses (ii)	4,392	2,468	2,253	1,014
Total	19,811	11,977	9,892	4,842


General and administrative expenses	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Salaries and wages (iii)	42,630	29,415	21,574	15,068
Third-party services (iv)	15,601	10,806	7,792	6,032
Other operating expenses (v)	20,886	11,106	7,094	5,903
Total	79,117	51,327	36,460	27,003

(i)Represents salaries and wages related to FTE’s in the Group’s sales and marketing department. For further detail on total salaries and wages refer to Note 9. Employee Benefits.

(ii)Represents expenses related to trade marketing events, the distribution and production of marketing and advertising campaigns, public relations expenses, third-party sales commissions, and online performance marketing.

(iii)Represents salaries and wages related to administrative FTE’s. For further detail on total salaries and wages refer to Note 9. Employee Benefits.

(iv)Includes advisors’ fees, legal fees, auditors’ fees and human resources’ fees.

(v)Includes office rent and related expenses, amortization of right-of-use assets, intangible assets and depreciation of property, plant and equipment, taxes, travel and other expenses.
During the six-months period ended on June 30, 2026, certain tax assessments related to prior years were adjusted, resulting in tax impacts amounting to US$9.699 corresponding to fiscal years 2023, 2024 and 2025. From the total amount, US$5.296 relates to income tax and related interest (refer to Note 12. Income tax, footnote (i)) and US$4.403 relates to indirect taxes, other taxes and related interest which were included within other operating expenses. The Company concluded that the out of period adjustment was not material to any previously reported annual or interim period.

Salaries Wages And Contractor Fees

dlo_SalariesWagesAndContractorFees

$ 80,158,000

Salaries Wages And Contractor Fees

dlo_SalariesWagesAndContractorFees

51,579,000

Salaries Wages And Contractor Fees

dlo_SalariesWagesAndContractorFees

40,362,000

Salaries Wages And Contractor Fees

dlo_SalariesWagesAndContractorFees

$ 27,046,000

Disclosure Of Other Results Composed [Table Text Block]

dlo_DisclosureOfOtherResultsComposedTableTextBlock

11. Other results

Other results is composed of the following categories:


	Six months ended		Three months ended
	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Interest income from financial instruments (i)	15,657	11,083	5,067	5,977
Fair value gains of financial assets at FVPL (i)	167	12,255	—	5,133
Finance income	15,824	23,338	5,067	11,110

	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Finance expense related to derivative financial instruments (ii)	(3,632)	(3,591)	(2,932)	(3,177)
Other finance expenses (iii)	(4,613)	(16,481)	228	(11,677)
Interest charges for lease liabilities (iv)	(110)	(82)	(53)	(41)
Finance costs	(8,355)	(20,154)	(2,757)	(14,895)
Inflation adjustment (v)	(2,869)	(1,869)	(1,483)	(984)
Total	4,600	1,315	827	(4,769)

(i)Includes interest income from short-term liquid financial instruments and financial assets at amortized cost, and fair value gains and losses from financial assets measured at fair value through profit and loss. For further detail refer to Note 16. Financial assets.

(ii)Represents the rate implicit in derivative financial instruments not designated as hedging instruments. The Group elected to separate the spot element from the forward element of the derivative foreign exchange instruments and designated as a hedging instrument the changes in the fair value of the spot element. Changes in the fair value of the hedging portion of the derivative contract are recognized within Costs of services while changes in the fair value of the non-designated portion; i.e. the forward element, are presented within Finance costs. For further information refer to Note 22. Derivative financial instruments.

(iii)Represented by net effects of foreign exchange results and the fair value losses of other assets. For the six-month period ended June 30, 2025, this line was mainly represented by net foreign exchange results arising from an intra-group loan denominated in U.S. dollars between subsidiaries located in Argentina and Malta, which was fully settled in September 2025 and therefore no longer impacts the current period. For further detail, refer to Note 25. Related Parties.

(iv)Finance costs associated with lease liabilities resulting from the application of IFRS 16 Leases.

(v)As required by IAS 29, Group’s Argentina and Ghana subsidiaries were considered hyperinflationary economies, due to the materiality, only the financial statements of the Group’s Argentina subsidiaries were restated to reflect the purchasing power of the hyperinflationary currency. Therefore, a loss on net monetary position was recognized during the six months ended June 30, 2026 and 2025.

Inflation Adjustment

dlo_InflationAdjustment

$ (2,869,000)

Inflation Adjustment

dlo_InflationAdjustment

(1,869,000)

Inflation Adjustment

dlo_InflationAdjustment

(1,483,000)

Inflation Adjustment

dlo_InflationAdjustment

(984,000)

Increase Decrease In Deferred Income Tax Assets

dlo_IncreaseDecreaseInDeferredIncomeTaxAssets

(3,493,000)

Increase Decrease In Deferred Income Tax Assets

dlo_IncreaseDecreaseInDeferredIncomeTaxAssets

594,000

Increase Decrease In Deferred Income Tax Assets

dlo_IncreaseDecreaseInDeferredIncomeTaxAssets

(6,078,000)

Increase Decrease In Deferred Income Tax Assets

dlo_IncreaseDecreaseInDeferredIncomeTaxAssets

493,000

Increase Decrease In Deferred Income Tax Liability

dlo_IncreaseDecreaseInDeferredIncomeTaxLiability

3,360,000

Increase Decrease In Deferred Income Tax Liability

dlo_IncreaseDecreaseInDeferredIncomeTaxLiability

2,060,000

Increase Decrease In Deferred Income Tax Liability

dlo_IncreaseDecreaseInDeferredIncomeTaxLiability

1,249,000

Increase Decrease In Deferred Income Tax Liability

dlo_IncreaseDecreaseInDeferredIncomeTaxLiability

$ 2,056,000

Weighted Average Exercise Price Of Share Options Vested Exercisable In Share Based Payment Arrangement

dlo_WeightedAverageExercisePriceOfShareOptionsVestedExercisableInShareBasedPaymentArrangement

$ 6.68

Weighted Average Exercise Price Of Share Options Vested Exercisable In Share Based Payment Arrangement

dlo_WeightedAverageExercisePriceOfShareOptionsVestedExercisableInShareBasedPaymentArrangement

$ 7.84

Number Of Share Options Vested And Exercisable In Share Based Payment Arrangement

dlo_NumberOfShareOptionsVestedAndExercisableInShareBasedPaymentArrangement

2,471,337,000

Number Of Share Options Vested And Exercisable In Share Based Payment Arrangement

dlo_NumberOfShareOptionsVestedAndExercisableInShareBasedPaymentArrangement

1,652,474

Issued And Fully Paid Up Shares Amount