Tiba provides a digital platform that facilitates the process of installment payments using Pix. It acts as a banking correspondent, enabling businesses to offer financing options.

Tiba

Protiviti is a global consulting firm that provides a variety of advisory services in the areas of finance, risk, business and technology consulting. The company specializes in internal audit, data analytics, forensic, tax, and IT solutions, catering to a diverse range of industries.

Protiviti

DLocal Limited operates a payments platform in the United States, Europe, China, and internationally. Its payments platform enables merchants to get paid and to make payments online. The company serves commerce, streaming, ride-hailing, financial services, advertising, software as a service, travel, e-learning, on-demand delivery, gaming, and crypto industries. DLocal Limited was founded in 2016 and is headquartered in Montevideo, Uruguay.

Sergio Fogel

Sebastian Kanovich

DLocal Limited

PagBrasil is a fintech company that offers payment processing solutions for e-commerce in Brazil. The company focuses on providing various payment methods, fraud prevention, and subscription management services, self-described as a partner for digital businesses.

Metric
Company Name	Tiba	Protiviti	DLocal Limited	PagBrasil
Symbol			DLO
MSH ID	IO:TIBA	AR:COM	COM:DLOCAL	COM:PAGBRASIL
Market	PRIVATE	PRIVATE	STOCKS	PRIVATE
Sector	Financial Services & Finance	Commercial & Professional Services	Technology	Financial Services & Finance
Industry	Fintech	Professional Services	Software - Infrastructure	Payments
Country	BR		UY	BR
Stage
Employee Count			951
Website	tiba.io	com.ar	dlocal.com	pagbrasil.com
LinkedIn			dlocal
Founders

Metric
Market Cap			2.38B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue			650.35M
Revenue (LTM)
Revenue (NTM)
Gross Profit			276.86M
EBITDA			122.08M
Operating Income			179.66M
Net Income			148.96M
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin			0.45
Operating Profit Margin			0.28
EBITDA Margin			0.19
Net Profit Margin			0.24
Return on Equity			0.36
Return on Assets			0.14
Return on Capital Employed			0.39

TIBA

IO:TIBA

Tiba

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio			33.13
P/B Ratio			10.75
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			7.81
EV Multiple			36.36

Metric
Days Sales Outstanding			196.40
Days Payables Outstanding			630.05
Days Inventory Outstanding			362.51
Operating Cycle			541.80
Cash Conversion Cycle			-17.58
Asset Turnover			0.60

Metric
Operating Cash Flow			293.45M
Free Cash Flow			275.23M
Cash Flow to Debt			74.16
Operating Cash Flow/Sales			0.45
Free Cash Flow Yield			0.04

Metric
Cash & Equivalents			222.81M
Accounts Receivable
Inventory			370.94M
Goodwill
Debt to Capitalization			0.01
Debt to Assets			0.00
Current Ratio			1.66
Quick Ratio			1.61

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			0.02
R&D to Revenue			0.02
SG&A to Revenue			0.12