MELI - MercadoLibre, Inc.
NASDAQ
->
Consumer Cyclical
->
Internet Retail
Buenos Aires,
Argentina
Type: Equity
MELI price evolution
MELI
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3848 | $3256 | $3824 | $3524 |
| Short term investments | $6109 | $5656 | $4890 | $4356 |
| Net receivables | $3788 | $3536 | $2995 | $2931 |
| Inventory | $238 | $246 | $236 | $199 |
| Total current assets | $14294 | $13050 | $12290 | $11336 |
| Long term investments | $227 | $191 | $225 | $309 |
| Property, plant & equipment | $2149 | $1877 | $1869 | $1733 |
| Goodwill & intangible assets | $198 | $180 | $188 | $184 |
| Total noncurrent assets | $3352 | $3074 | $2953 | $2865 |
| Total investments | $6336 | $5847 | $5115 | $4665 |
| Total assets | $17646 | $16124 | $15243 | $14201 |
| Current liabilities | ||||
| Accounts payable | $8229 | $7202 | $6600 | $5829 |
| Deferred revenue | ||||
| Short long term debt | $2458 | $2443 | $2452 | $2491 |
| Total current liabilities | $11297 | $10306 | $9616 | $8827 |
| Long term debt | $2875 | $2797 | $3076 | $3029 |
| Total noncurrent liabilities | $3278 | $3077 | $3375 | $3334 |
| Total debt | $5333 | $5240 | $5528 | $5520 |
| Total liabilities | $14575 | $13383 | $12991 | $12161 |
| Shareholders' equity | ||||
| Retained earnings | $1901 | $1735 | $1376 | $1114 |
| Other shareholder equity | -$290 | -$366 | -$295 | -$391 |
| Total shareholder equity | $3071 | $2741 | $2252 | $2040 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3848 | $3363 | $3647.96 | $2508.22 |
| Short term investments | $6109 | $4043 | $2008.58 | $1626.34 |
| Net receivables | $3788 | $4780 | $1937.58 | $912.76 |
| Inventory | $238 | $152 | $253.08 | $118.14 |
| Total current assets | $14294 | $10953 | $8174.98 | $5346.81 |
| Long term investments | $227 | $354 | $149.61 | $182.73 |
| Property, plant & equipment | $2149 | $1649 | $1268.54 | $694.9 |
| Goodwill & intangible assets | $198 | $178 | $193.22 | $99.37 |
| Total noncurrent assets | $3352 | $2783 | $1926.18 | $1179.53 |
| Total investments | $6336 | $4397 | $2158.19 | $1809.07 |
| Total assets | $17646 | $13736 | $10101.16 | $6526.33 |
| Current liabilities | ||||
| Accounts payable | $8229 | $1876 | $4103.2 | $2757.64 |
| Deferred revenue | ||||
| Short long term debt | $2458 | $2273 | $1377.76 | $603.64 |
| Total current liabilities | $11297 | $8562 | $5836.7 | $3635.88 |
| Long term debt | $2875 | $2627 | $2604.87 | $1104.48 |
| Total noncurrent liabilities | $3278 | $3347 | $2732.76 | $1238.87 |
| Total debt | $5333 | $5414 | $3982.63 | $1708.12 |
| Total liabilities | $14575 | $11909 | $8569.47 | $4874.75 |
| Shareholders' equity | ||||
| Retained earnings | $1901 | $913 | $397.42 | $314.12 |
| Other shareholder equity | -$290 | -$467.05 | -$515.14 | -$468.28 |
| Total shareholder equity | $3071 | $1827 | $1531.69 | $1651.58 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $4261 | $3760 | $3415 | $3037 |
| Cost of revenue | $2306 | $1765 | $1695 | $1501 |
| Gross Profit | $1955 | $1995 | $1720 | $1536 |
| Operating activities | ||||
| Research & development | $686 | $396 | $368 | $381 |
| Selling, general & administrative | $730 | $637 | $572 | $563 |
| Total operating expenses | $1715 | $1310 | $1162 | $1196 |
| Operating income | $240 | $685 | $558 | $340 |
| Income from continuing operations | ||||
| EBIT | $311 | $642 | $564 | $417 |
| Income tax expense | $65 | $172 | $210 | $122 |
| Interest expense | $81 | $111 | $92 | $94 |
| Net income | ||||
| Net income | $165 | $359 | $262 | $201 |
| Income (for common shares) | $165 | $359 | $262 | $201 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $14473 | $10537 | $7069.41 | $3973.47 |
| Cost of revenue | $7267 | $5374 | $4064.36 | $2264.26 |
| Gross Profit | $7206 | $5163 | $3005.05 | $1709.21 |
| Operating activities | ||||
| Research & development | $1831 | $1099 | $590.33 | $352.47 |
| Selling, general & administrative | $2502 | $1957 | $1974.02 | $1229.04 |
| Total operating expenses | $5383 | $4129 | $2564.35 | $1581.52 |
| Operating income | $1823 | $1034 | $440.7 | $127.69 |
| Income from continuing operations | ||||
| EBIT | $1934 | $1101 | $460.81 | $188 |
| Income tax expense | $569 | $298 | $148.8 | $82.02 |
| Interest expense | $378 | $321 | $228.7 | $106.69 |
| Net income | ||||
| Net income | $987 | $482 | $83.3 | -$0.71 |
| Income (for common shares) | $987 | $482 | $83.3 | -$0.71 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $165 | $359 | $262 | $201 |
| Operating activities | ||||
| Depreciation | $135 | $135 | $128 | $126 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $1928 | $941 | $1412 | $859 |
| Investing activities | ||||
| Capital expenditures | -$180 | -$126 | -$114 | -$89 |
| Investments | -$734 | -$1204 | -$554 | -$449 |
| Total cash flows from investing | -$914 | -$1330 | -$668 | -$538 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$149 | -$146 | -$61 | |
| Net borrowings | $73 | $281 | -$214 | -$51 |
| Total cash flows from financing | $73 | $132 | -$360 | -$112 |
| Effect of exchange rate | -$495 | -$311 | -$84 | -$48 |
| Change in cash and equivalents | $592 | -$568 | $300 | $161 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $987 | $482 | $83.3 | -$0.71 |
| Operating activities | ||||
| Depreciation | $524 | $403 | $203.94 | $104.99 |
| Business acquisitions & disposals | -$55.73 | -$6.94 | ||
| Stock-based compensation | $1 | $0.76 | $0.73 | |
| Total cash flows from operations | $5140 | $2940 | $965.04 | $1182.55 |
| Investing activities | ||||
| Capital expenditures | -$509 | -$454 | -$572.93 | -$246.77 |
| Investments | -$2941 | -$3416 | -$931.31 | -$12.02 |
| Total cash flows from investing | -$3450 | -$3871 | -$1596.53 | -$252.18 |
| Financing activities | ||||
| Dividends paid | -$3.36 | |||
| Sale and purchase of stock | -$356 | -$148 | $1033.66 | -$54.09 |
| Net borrowings | $89 | $1064 | $894.46 | $299.71 |
| Total cash flows from financing | -$267 | $916 | $1924.98 | $242.27 |
| Effect of exchange rate | -$938 | -$270 | -$153.75 | -$115.84 |
| Change in cash and equivalents | $485 | -$285 | $1139.74 | $1056.8 |
News
Fundamentals
| Market cap | $69.46B |
|---|---|
| Enterprise value | $70.94B |
| Shares outstanding | 50.70M |
| Revenue | $14.47B |
|---|---|
| EBITDA | $2.46B |
| EBIT | $1.93B |
| Net Income | $987.00M |
| Revenue Q/Q | 41.94% |
| Revenue Y/Y | 37.35% |
| P/E ratio | 70.37 |
|---|---|
| EV/Sales | 4.90 |
| EV/EBITDA | 28.86 |
| EV/EBIT | 36.68 |
| P/S ratio | 4.80 |
| P/B ratio | 20.67 |
| Book/Share | 66.30 |
| Cash/Share | 75.90 |
| EPS | $19.47 |
|---|---|
| ROA | 6.25% |
| ROE | 39.07% |
| Debt/Equity | 4.75 |
|---|---|
| Net debt/EBITDA | 4.36 |
| Current ratio | 1.27 |
| Quick ratio | 1.24 |