Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Dr. Luis Bonavita 1294 Of. 1733 Tower Ii MONTEVIDEO 11300 |
Tel: | N/A |
Website: | https://www.mercadolibre.com.uy |
IR: | See website |
Key People | ||
Marcos Galperin Chairman of the Board, President, Chief Executive Officer, Co-Founder | Martin de Los Santos Chief Financial Officer, Senior Vice President | Osvaldo Gimenez Fintech President |
Daniel Rabinovich Chief Operating Officer, Executive Vice President | Juan Martin de la Serna Executive Vice President - Corporate Affairs | Ariel Szarfsztejn Executive Vice President - Commerce | Marcelo Melamud Senior Vice President, Chief Accounting Officer |
Business Overview |
Mercado Libre Inc is a Uruguay-based e-commerce business facilitator of Argentinian origins. The e-commerce products enable retail and wholesale via Internet platforms designed to provide users with a portfolio of services to facilitate commercial transactions. The Company's geographic coverage includes 18 countries of Latin America. The primary offer is an ecosystem of six integrated e-commerce services: the Mercado Libre Marketplace, the Mercado Libre Classifieds service, the Mercado Pago payments solution, the Mercado Credito financial solutions, the Mercado Envios logistic solutions including shipping, the Mercado Ads advertising platform and the Mercado Shops digital storefront solution. |
Financial Overview |
For the fiscal year ended 31 December 2023, MercadoLibre Inc revenues increased 37% to $14.47B. Net income increased from $482M to $987M. Revenues reflect Brazil segment increase of 34% to $7.6B, Mexico segment increase of 60% to $2.99B, Argentina segment increase of 30% to $3.24B. Net income benefited from Brazil segment income increase of 93% to $1.83B, Argentina segment income increase of 39% to $1.4B. |
Employees: | 58,313 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $74,570M as of Mar 31, 2024 |
Annual revenue (TTM): | $15,769M as of Mar 31, 2024 |
EBITDA (TTM): | $2,563M as of Mar 31, 2024 |
Net annual income (TTM): | $1,130M as of Mar 31, 2024 |
Free cash flow (TTM): | $5,225M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 50,697,442 as of Apr 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |