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Dec 31, 2019
MercadoLibre Q4 2019 Earnings Report
Reported a strong fourth quarter with revenue growth and increased payment volume.
Key Takeaways
MercadoLibre, Inc. reported Q4 2019 financial results with net revenues of $674.3 million, up 84.4% YoY on an FX neutral basis. Total Payment Volume reached $8.7 billion, up 98.5% YoY on an FX neutral basis, and Gross Merchandise Volume was $3.9 billion, up 39.7% YoY on an FX neutral basis.
Total payment volume through Mercado Pago reached $8.7 billion, a year-over-year increase of 63.5% in USD.
Off-platform TPV reached $4.7 billion in transactions.
Gross merchandise volume increased to $3.9 billion, representing a 19.7% increase in USD.
Items sold reached 109.5 million, growing 28.0% year-over-year.
Revenue by Geographic Location
Forward Guidance
MercadoLibre is focused on prioritizing growth, driving cost efficiencies, and scaling benefits through larger, more consolidated businesses in the upcoming year. They are committed to investing in growth, building superior experiences and products, and disrupting commerce and finance in Latin America.
Positive Outlook
- Prioritizing growth with a focus on cost efficiencies.
- Scaling benefits through larger, more consolidated businesses.
- Investing appropriately behind growth initiatives.
- Building superior experiences for consumers and merchants.
- Committed to disrupting commerce and finance in Latin America.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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