secwatch.observer — SEC 8-K summary
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Issuer:     MERCADOLIBRE INC (MELI)
CIK:        0001099590
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001562762-22-000426
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MercadoLibre Q3 2022 net revenue $2.7B (+60.6% FX-neutral), operating income $296M (11.0% margin)
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- Net revenues $2.7B, up 60.6% YoY FX-neutral; income from operations $296M (11.0% margin), a quarterly record.
- Total Payment Volume $32.2B (+76.4% FX-neutral); Digital Account TPV up 138% FX-neutral to $10.6B.
- Gross Merchandise Volume $8.6B (+31.5% FX-neutral); unique buyers up ~10% YoY; Brazil GMV +20% FX-neutral.
- Mercado Credito portfolio $2.8B; NPL ratio rose to 37.0% (sequential rise from over-90 bucket); deliberate slowdown in originations.
- Net income $129M (4.8% margin); foreign currency loss of $71M from Argentine share repurchases; cash from operations $724M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099590/000156276222000426/0001562762-22-000426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099590/000156276222000426/meli-20221103x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-22-000426

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