earnings
confidence high
sentiment positive
materiality 0.75
MercadoLibre Q1 net revenue $2.2B (+67% FX neutral), net income $65M vs year-ago loss
MERCADOLIBRE INC
2022-Q1 EPS reported
$1.30
revenue$2,248,000,000
- Net revenues $2.2B, up 63.3% USD and 67.4% FX neutral YoY; net income $65M vs net loss in Q1 2021.
- Total payment volume $25.3B (+81.2% FX neutral); GMV $7.7B (+31.6% FX neutral).
- Income from operations $139M (6.2% margin) vs $91M (6.6% margin) in Q1 2021.
- Credit portfolio grew to $2.4B from $1.7B at year-end 2021; NPLs at 27.6%.
- Advertising revenues nearly doubled YoY; unique active users 81M.