secwatch.observer — SEC 8-K summary
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Issuer:     MERCADOLIBRE INC (MELI)
CIK:        0001099590
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001562762-22-000210
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MercadoLibre Q1 net revenue $2.2B (+67% FX neutral), net income $65M vs year-ago loss
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099590/000156276222000210/0001562762-22-000210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099590/000156276222000210/meli-20220505x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-22-000210

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer