Dec 31, 2020

MercadoLibre Q4 2020 Earnings Report

MercadoLibre's Q4 2020 financial results were reported, showing significant growth in net revenues, total payment volume, and gross merchandise volume.

Key Takeaways

MercadoLibre reported strong Q4 2020 results, with net revenues increasing by 148.5% on an FX neutral basis to $1.3 billion. Total Payment Volume reached $15.9 billion, up 134.4% year-over-year on an FX neutral basis, and Gross Merchandise Volume grew to $6.6 billion, up 109.7% year-over-year on an FX neutral basis. Unique active users grew by 71.3% year-over-year, reaching 74.0 million.

Net revenues increased by 148.5% year-over-year on an FX neutral basis, reaching $1.3 billion.

Total Payment Volume grew by 134.4% year-over-year on an FX neutral basis, reaching $15.9 billion.

Gross Merchandise Volume increased by 109.7% year-over-year on an FX neutral basis, reaching $6.6 billion.

Unique active users grew by 71.3% year-over-year, reaching 74.0 million.

Total Revenue
$1.33B
Previous year: $674M
+96.8%
EPS
-$1.02
Previous year: -$1.11
-8.1%
Total Payment Volume
$15.9B
Previous year: $8.7B
+83.2%
Successful Items Sold
229.4M
Previous year: 109.5M
+109.5%
Gross Merchandise Volume
$6.57B
Previous year: $3.9B
+68.3%
Gross Profit
$489M
Previous year: $308M
+58.6%
Cash and Equivalents
$1.86B
Previous year: $1.38B
+34.1%
Free Cash Flow
$169M
Previous year: $42.2M
+301.1%
Total Assets
$6.53B
Previous year: $4.78B
+36.5%

MercadoLibre

MercadoLibre

MercadoLibre Revenue by Geographic Location

Forward Guidance

The company did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income