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dLocal Ltd（DLO）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
dLocal Ltd的季度营收约是BRC Group Holdings, Inc.的1.8倍（$337.9M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 16.5%，领先31.5%），dLocal Ltd同比增速更快（65.2% vs -21.9%）
dLocal是一家总部位于乌拉圭的金融科技企业，专注于提供跨境支付解决方案，搭建全球商户与新兴市场之间的支付链路，助力国际商户顺畅接入新兴市场本地支付网络，高效开展跨境业务。
DLO vs RILY — 直观对比
营收规模更大
DLO
是对方的1.8倍
$188.3M
营收增速更快
DLO
高出87.1%
-21.9%
净利率更高
RILY
高出31.5%
16.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $337.9M | $188.3M |
| 净利润 | $55.6M | $90.3M |
| 毛利率 | 34.3% | 79.5% |
| 营业利润率 | 18.6% | 32.3% |
| 净利率 | 16.5% | 47.9% |
| 营收同比 | 65.2% | -21.9% |
| 净利润同比 | 87.3% | 1710.8% |
| 每股收益（稀释后） | $0.18 | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DLORILY
| Q4 25 | $337.9M | $188.3M | ||
| Q3 25 | $282.5M | $215.3M | ||
| Q2 25 | — | $188.2M | ||
| Q1 25 | — | $197.2M | ||
| Q4 24 | $204.5M | $241.0M | ||
| Q3 24 | $185.8M | $225.5M | ||
| Q2 24 | — | $256.0M | ||
| Q1 24 | — | $263.4M |
净利润DLORILY
| Q4 25 | $55.6M | $90.3M | ||
| Q3 25 | $141.3M | $91.1M | ||
| Q2 25 | — | $139.5M | ||
| Q1 25 | — | $-10.0M | ||
| Q4 24 | $29.7M | $-5.6M | ||
| Q3 24 | $90.8M | $-284.4M | ||
| Q2 24 | — | $-433.6M | ||
| Q1 24 | — | $-49.2M |
毛利率DLORILY
| Q4 25 | 34.3% | 79.5% | ||
| Q3 25 | 36.5% | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | 40.9% | 79.8% | ||
| Q3 24 | 42.1% | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
营业利润率DLORILY
| Q4 25 | 18.6% | 32.3% | ||
| Q3 25 | 19.7% | 30.4% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | -31.2% | ||
| Q4 24 | 20.7% | -69.2% | ||
| Q3 24 | 22.1% | -36.4% | ||
| Q2 24 | — | -90.8% | ||
| Q1 24 | — | -6.1% |
净利率DLORILY
| Q4 25 | 16.5% | 47.9% | ||
| Q3 25 | 50.0% | 42.3% | ||
| Q2 25 | — | 74.1% | ||
| Q1 25 | — | -5.1% | ||
| Q4 24 | 14.5% | -2.3% | ||
| Q3 24 | 48.9% | -126.1% | ||
| Q2 24 | — | -169.4% | ||
| Q1 24 | — | -18.7% |
每股收益（稀释后）DLORILY
| Q4 25 | $0.18 | $2.78 | ||
| Q3 25 | $0.17 | $2.91 | ||
| Q2 25 | — | $4.50 | ||
| Q1 25 | — | $-0.39 | ||
| Q4 24 | $0.09 | $-0.01 | ||
| Q3 24 | $0.09 | $-9.39 | ||
| Q2 24 | — | $-14.35 | ||
| Q1 24 | — | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $719.9M | $226.6M |
| 总债务越低越好 | $86.7M | $1.4B |
| 股东权益账面价值 | $569.4M | $-171.5M |
| 总资产 | $1.5B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.15× | — |
8季度趋势，按日历期对齐
现金及短期投资DLORILY
| Q4 25 | $719.9M | $226.6M | ||
| Q3 25 | $604.5M | $184.2M | ||
| Q2 25 | — | $267.4M | ||
| Q1 25 | — | $138.3M | ||
| Q4 24 | $425.2M | $146.9M | ||
| Q3 24 | $560.5M | $159.2M | ||
| Q2 24 | — | $236.9M | ||
| Q1 24 | — | $190.7M |
总债务DLORILY
| Q4 25 | $86.7M | $1.4B | ||
| Q3 25 | $63.1M | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $39.8M | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DLORILY
| Q4 25 | $569.4M | $-171.5M | ||
| Q3 25 | $504.7M | $-260.5M | ||
| Q2 25 | — | $-351.7M | ||
| Q1 25 | — | $-496.8M | ||
| Q4 24 | $489.0M | $-488.2M | ||
| Q3 24 | $457.0M | $-497.6M | ||
| Q2 24 | — | $-218.3M | ||
| Q1 24 | — | $228.4M |
总资产DLORILY
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $5.0B |
负债/权益比DLORILY
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $100.4M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $99.8M | — |
| 自由现金流率自由现金流/营收 | 29.5% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | 1.80× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $378.7M | — |
8季度趋势，按日历期对齐
经营现金流DLORILY
| Q4 25 | $100.4M | $26.2M | ||
| Q3 25 | $315.0M | $-60.6M | ||
| Q2 25 | — | $-25.6M | ||
| Q1 25 | — | $184.0K | ||
| Q4 24 | $-141.1M | $-2.7M | ||
| Q3 24 | $108.3M | $19.5M | ||
| Q2 24 | — | $111.5M | ||
| Q1 24 | — | $135.4M |
自由现金流DLORILY
| Q4 25 | $99.8M | — | ||
| Q3 25 | $313.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-141.6M | — | ||
| Q3 24 | $107.1M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率DLORILY
| Q4 25 | 29.5% | — | ||
| Q3 25 | 110.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -69.2% | — | ||
| Q3 24 | 57.6% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度DLORILY
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率DLORILY
| Q4 25 | 1.80× | 0.29× | ||
| Q3 25 | 2.23× | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | -4.75× | — | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DLO
暂无分部数据
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
