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Side-by-side financial comparison of Mission Produce, Inc. (AVO) and dLocal Ltd (DLO). Click either name above to swap in a different company.

dLocal Ltd is the larger business by last-quarter revenue ($337.9M vs $319.0M, roughly 1.1× Mission Produce, Inc.). dLocal Ltd runs the higher net margin — 16.5% vs 5.0%, a 11.5% gap on every dollar of revenue. On growth, dLocal Ltd posted the faster year-over-year revenue change (65.2% vs -10.0%). dLocal Ltd produced more free cash flow last quarter ($99.8M vs $55.6M).

Produce Co., Ltd. was a Japanese video game company. Founded on April 6, 1990 by former Irem employees, it developed a number of games for both Enix and Hudson Soft. Produce! have created games for arcades and for the Super Nintendo Entertainment System, Nintendo 64, PlayStation, and PC Engine systems.

dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.

AVO vs DLO — Head-to-Head

Bigger by revenue
DLO
DLO
1.1× larger
DLO
$337.9M
$319.0M
AVO
Growing faster (revenue YoY)
DLO
DLO
+75.2% gap
DLO
65.2%
-10.0%
AVO
Higher net margin
DLO
DLO
11.5% more per $
DLO
16.5%
5.0%
AVO
More free cash flow
DLO
DLO
$44.2M more FCF
DLO
$99.8M
$55.6M
AVO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVO
AVO
DLO
DLO
Revenue
$319.0M
$337.9M
Net Profit
$16.0M
$55.6M
Gross Margin
17.5%
34.3%
Operating Margin
8.8%
18.6%
Net Margin
5.0%
16.5%
Revenue YoY
-10.0%
65.2%
Net Profit YoY
-7.5%
87.3%
EPS (diluted)
$0.23
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVO
AVO
DLO
DLO
Q4 25
$319.0M
$337.9M
Q3 25
$357.7M
$282.5M
Q2 25
$380.3M
Q1 25
$334.2M
Q4 24
$354.4M
$204.5M
Q3 24
$324.0M
$185.8M
Q2 24
$297.6M
Q1 24
$258.7M
Net Profit
AVO
AVO
DLO
DLO
Q4 25
$16.0M
$55.6M
Q3 25
$14.7M
$141.3M
Q2 25
$3.1M
Q1 25
$3.9M
Q4 24
$17.3M
$29.7M
Q3 24
$12.4M
$90.8M
Q2 24
$7.0M
Q1 24
$0
Gross Margin
AVO
AVO
DLO
DLO
Q4 25
17.5%
34.3%
Q3 25
12.6%
36.5%
Q2 25
7.5%
Q1 25
9.4%
Q4 24
15.7%
40.9%
Q3 24
11.4%
42.1%
Q2 24
10.4%
Q1 24
11.1%
Operating Margin
AVO
AVO
DLO
DLO
Q4 25
8.8%
18.6%
Q3 25
5.9%
19.7%
Q2 25
1.8%
Q1 25
2.8%
Q4 24
8.1%
20.7%
Q3 24
5.2%
22.1%
Q2 24
4.1%
Q1 24
3.1%
Net Margin
AVO
AVO
DLO
DLO
Q4 25
5.0%
16.5%
Q3 25
4.1%
50.0%
Q2 25
0.8%
Q1 25
1.2%
Q4 24
4.9%
14.5%
Q3 24
3.8%
48.9%
Q2 24
2.4%
Q1 24
EPS (diluted)
AVO
AVO
DLO
DLO
Q4 25
$0.23
$0.18
Q3 25
$0.21
$0.17
Q2 25
$0.04
Q1 25
$0.05
Q4 24
$0.25
$0.09
Q3 24
$0.17
$0.09
Q2 24
$0.10
Q1 24
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVO
AVO
DLO
DLO
Cash + ST InvestmentsLiquidity on hand
$64.8M
$719.9M
Total DebtLower is stronger
$95.8M
$86.7M
Stockholders' EquityBook value
$587.3M
$569.4M
Total Assets
$983.0M
$1.5B
Debt / EquityLower = less leverage
0.16×
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVO
AVO
DLO
DLO
Q4 25
$64.8M
$719.9M
Q3 25
$43.7M
$604.5M
Q2 25
$36.7M
Q1 25
$40.1M
Q4 24
$58.0M
$425.2M
Q3 24
$49.5M
$560.5M
Q2 24
$46.2M
Q1 24
$39.9M
Total Debt
AVO
AVO
DLO
DLO
Q4 25
$95.8M
$86.7M
Q3 25
$131.5M
$63.1M
Q2 25
$147.2M
Q1 25
$117.9M
Q4 24
$113.7M
$39.8M
Q3 24
$134.4M
Q2 24
$170.2M
Q1 24
$156.1M
Stockholders' Equity
AVO
AVO
DLO
DLO
Q4 25
$587.3M
$569.4M
Q3 25
$568.7M
$504.7M
Q2 25
$552.3M
Q1 25
$550.8M
Q4 24
$547.3M
$489.0M
Q3 24
$527.3M
$457.0M
Q2 24
$513.3M
Q1 24
$505.1M
Total Assets
AVO
AVO
DLO
DLO
Q4 25
$983.0M
$1.5B
Q3 25
$1.0B
$1.4B
Q2 25
$1.0B
Q1 25
$997.8M
Q4 24
$971.5M
$1.2B
Q3 24
$959.9M
Q2 24
$966.9M
Q1 24
$937.5M
Debt / Equity
AVO
AVO
DLO
DLO
Q4 25
0.16×
0.15×
Q3 25
0.23×
0.12×
Q2 25
0.27×
Q1 25
0.21×
Q4 24
0.21×
0.08×
Q3 24
0.25×
Q2 24
0.33×
Q1 24
0.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVO
AVO
DLO
DLO
Operating Cash FlowLast quarter
$67.2M
$100.4M
Free Cash FlowOCF − Capex
$55.6M
$99.8M
FCF MarginFCF / Revenue
17.4%
29.5%
Capex IntensityCapex / Revenue
3.6%
0.2%
Cash ConversionOCF / Net Profit
4.20×
1.80×
TTM Free Cash FlowTrailing 4 quarters
$37.2M
$378.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVO
AVO
DLO
DLO
Q4 25
$67.2M
$100.4M
Q3 25
$34.4M
$315.0M
Q2 25
$-11.8M
Q1 25
$-1.2M
Q4 24
$38.0M
$-141.1M
Q3 24
$42.5M
$108.3M
Q2 24
$3.4M
Q1 24
$9.5M
Free Cash Flow
AVO
AVO
DLO
DLO
Q4 25
$55.6M
$99.8M
Q3 25
$22.6M
$313.4M
Q2 25
$-25.0M
Q1 25
$-16.0M
Q4 24
$31.1M
$-141.6M
Q3 24
$34.9M
$107.1M
Q2 24
$-4.4M
Q1 24
$-400.0K
FCF Margin
AVO
AVO
DLO
DLO
Q4 25
17.4%
29.5%
Q3 25
6.3%
110.9%
Q2 25
-6.6%
Q1 25
-4.8%
Q4 24
8.8%
-69.2%
Q3 24
10.8%
57.6%
Q2 24
-1.5%
Q1 24
-0.2%
Capex Intensity
AVO
AVO
DLO
DLO
Q4 25
3.6%
0.2%
Q3 25
3.3%
0.6%
Q2 25
3.5%
Q1 25
4.4%
Q4 24
1.9%
0.2%
Q3 24
2.3%
0.7%
Q2 24
2.6%
Q1 24
3.8%
Cash Conversion
AVO
AVO
DLO
DLO
Q4 25
4.20×
1.80×
Q3 25
2.34×
2.23×
Q2 25
-3.81×
Q1 25
-0.31×
Q4 24
2.20×
-4.75×
Q3 24
3.43×
1.19×
Q2 24
0.49×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVO
AVO

Avocado$256.9M81%
Blueberry$36.5M11%
Mango$18.7M6%
Other$6.9M2%

DLO
DLO

Segment breakdown not available.

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