2023 Q4 Form 10-Q Financial Statement

#000109959023000033 Filed on November 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $4.261B $3.760B
YoY Change 41.94% 39.78%
Cost Of Revenue $2.306B $1.765B
YoY Change 49.35% 31.52%
Gross Profit $1.955B $1.995B
YoY Change 34.09% 48.0%
Gross Profit Margin 45.88% 53.06%
Selling, General & Admin $1.029B $637.0M
YoY Change 31.25% 31.07%
% of Gross Profit 52.63% 31.93%
Research & Development $686.0M $396.0M
YoY Change 111.08% 42.45%
% of Gross Profit 35.09% 19.85%
Depreciation & Amortization $135.0M $135.0M
YoY Change 10.66% 39.18%
% of Gross Profit 6.91% 6.77%
Operating Expenses $1.715B $1.310B
YoY Change 54.64% 24.52%
Operating Profit $240.0M $685.0M
YoY Change -31.23% 131.42%
Interest Expense -$10.00M -$154.0M
YoY Change -75.61% 57.14%
% of Operating Profit -4.17% -22.48%
Other Income/Expense, Net
YoY Change
Pretax Income $230.0M $531.0M
YoY Change -25.32% 168.18%
Income Tax $65.00M $172.0M
% Of Pretax Income 28.26% 32.39%
Net Earnings $165.0M $359.0M
YoY Change 0.0% 178.29%
Net Earnings / Revenue 3.87% 9.55%
Basic Earnings Per Share $3.26 $7.18
Diluted Earnings Per Share $3.25 $7.16
COMMON SHARES
Basic Shares Outstanding 50.56M shares 50.09M shares
Diluted Shares Outstanding 50.70M shares 50.21M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.036B $5.491B
YoY Change 42.06% 61.6%
Cash & Equivalents $2.556B $2.171B
Short-Term Investments $3.480B $3.320B
Other Short-Term Assets $277.0M $292.0M
YoY Change 4.14% 11.88%
Inventory $238.0M $246.0M
Prepaid Expenses $27.00M $43.00M
Receivables $156.0M $161.0M
Other Receivables $2.629B $2.336B
Total Short-Term Assets $14.29B $13.05B
YoY Change 30.5% 39.56%
LONG-TERM ASSETS
Property, Plant & Equipment $1.250B $1.877B
YoY Change 25.88% 98.62%
Goodwill $163.0M $159.0M
YoY Change 6.54% 8.16%
Intangibles $11.00M $21.00M
YoY Change -56.0% -27.59%
Long-Term Investments $162.0M $149.0M
YoY Change -49.69% -60.27%
Other Assets $68.00M $337.0M
YoY Change -73.44% 55.3%
Total Long-Term Assets $3.352B $3.074B
YoY Change 20.45% 17.73%
TOTAL ASSETS
Total Short-Term Assets $14.29B $13.05B
Total Long-Term Assets $3.352B $3.074B
Total Assets $17.65B $16.12B
YoY Change 28.47% 34.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.189B $2.655B
YoY Change 69.99% 535.17%
Accrued Expenses $711.0M $690.0M
YoY Change 30.94% 48.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.292B $2.272B
YoY Change 7.56% 16.75%
Total Short-Term Liabilities $11.30B $10.31B
YoY Change 31.94% 47.19%
LONG-TERM LIABILITIES
Long-Term Debt $2.203B $2.182B
YoY Change -16.14% -20.45%
Other Long-Term Liabilities $200.0M $105.0M
YoY Change 110.53% 38.16%
Total Long-Term Liabilities $3.278B $3.077B
YoY Change -2.06% -7.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.30B $10.31B
Total Long-Term Liabilities $3.278B $3.077B
Total Liabilities $14.58B $13.38B
YoY Change 22.39% 29.54%
SHAREHOLDERS EQUITY
Retained Earnings $1.901B $1.735B
YoY Change 108.21% 131.95%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.071B $2.741B
YoY Change
Total Liabilities & Shareholders Equity $17.65B $16.12B
YoY Change 28.47% 34.79%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $165.0M $359.0M
YoY Change 0.0% 178.29%
Depreciation, Depletion And Amortization $135.0M $135.0M
YoY Change 10.66% 39.18%
Cash From Operating Activities $1.928B $941.0M
YoY Change 25.03% 29.97%
INVESTING ACTIVITIES
Capital Expenditures $180.0M $126.0M
YoY Change 60.71% -218.87%
Acquisitions
YoY Change
Other Investing Activities -$734.0M -$1.204B
YoY Change 37.45% 115.77%
Cash From Investing Activities -$914.0M -$1.330B
YoY Change 41.49% 100.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 73.00M 132.0M
YoY Change -708.33% -61.4%
NET CHANGE
Cash From Operating Activities 1.928B 941.0M
Cash From Investing Activities -914.0M -1.330B
Cash From Financing Activities 73.00M 132.0M
Net Change In Cash 1.087B -257.0M
YoY Change 22.96% -163.93%
FREE CASH FLOW
Cash From Operating Activities $1.928B $941.0M
Capital Expenditures $180.0M $126.0M
Free Cash Flow $1.748B $815.0M
YoY Change 22.24% -1.81%

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<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The preparation of these unaudited interim condensed consolidated financial statements in conformity with U.S. GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates are used for, but not limited to, accounting for allowance for doubtful accounts and chargeback provisions, inventories valuation reserves, recoverability of goodwill, intangible assets with indefinite useful lives and deferred tax assets, impairment of short-term and long-term investments, impairment of long-lived assets, separation of lease and non lease components for aircraft leases, compensation costs relating to the Company’s long term retention program, fair value of convertible debt, fair value of investments, fair value of loans receivable, fair value of derivative instruments, income taxes and contingencies and determination of the incremental borrowing rate at commencement date of lease operating agreements. Actual results could differ from those estimates.</span></div>
meli Aggregate Gain Included In Net Revenues Arising From Financing Transactions Net Of Costs Recognized On Sale Of Credit Card Receivables
AggregateGainIncludedInNetRevenuesArisingFromFinancingTransactionsNetOfCostsRecognizedOnSaleOfCreditCardReceivables
1055000000 usd
CY2023Q3 meli Aggregate Gain Included In Net Revenues Arising From Financing Transactions Net Of Costs Recognized On Sale Of Credit Card Receivables
AggregateGainIncludedInNetRevenuesArisingFromFinancingTransactionsNetOfCostsRecognizedOnSaleOfCreditCardReceivables
379000000 usd
meli Aggregate Gain Included In Net Revenues Arising From Financing Transactions Net Of Costs Recognized On Sale Of Credit Card Receivables
AggregateGainIncludedInNetRevenuesArisingFromFinancingTransactionsNetOfCostsRecognizedOnSaleOfCreditCardReceivables
751000000 usd
CY2022Q3 meli Aggregate Gain Included In Net Revenues Arising From Financing Transactions Net Of Costs Recognized On Sale Of Credit Card Receivables
AggregateGainIncludedInNetRevenuesArisingFromFinancingTransactionsNetOfCostsRecognizedOnSaleOfCreditCardReceivables
261000000 usd
CY2023Q3 meli Allowance For Doubtful Accounts Loan Receivables And Chargebacks
AllowanceForDoubtfulAccountsLoanReceivablesAndChargebacks
35000000 usd
CY2022Q4 meli Allowance For Doubtful Accounts Loan Receivables And Chargebacks
AllowanceForDoubtfulAccountsLoanReceivablesAndChargebacks
25000000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
44000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
29000000 usd
CY2023Q3 us-gaap Deferred Revenue
DeferredRevenue
34000000 usd
CY2023Q3 meli Supplier Finance Program Amount
SupplierFinanceProgramAmount
302000000 usd
CY2022Q4 meli Supplier Finance Program Amount
SupplierFinanceProgramAmount
227000000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
16.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
16.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.29
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.18
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.16
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.57
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.56
us-gaap Net Income Loss
NetIncomeLoss
822000000 usd
us-gaap Net Income Loss
NetIncomeLoss
822000000 usd
us-gaap Net Income Loss
NetIncomeLoss
317000000 usd
us-gaap Net Income Loss
NetIncomeLoss
317000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
359000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
359000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
129000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
129000000 usd
meli Effect Of Dilutive Convertible Senior Notes
EffectOfDilutiveConvertibleSeniorNotes
1000000 usd
meli Effect Of Dilutive Convertible Senior Notes
EffectOfDilutiveConvertibleSeniorNotes
6000000 usd
CY2023Q3 meli Effect Of Dilutive Convertible Senior Notes
EffectOfDilutiveConvertibleSeniorNotes
0 usd
CY2022Q3 meli Effect Of Dilutive Convertible Senior Notes
EffectOfDilutiveConvertibleSeniorNotes
2000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
822000000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
823000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
317000000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
323000000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
359000000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
359000000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
129000000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
131000000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50137826 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50137826 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50365813 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50365813 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50008320 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50008320 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50325075 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50325075 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
201119 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
990268 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
201119 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
990268 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50137826 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50338945 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50365813 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51356081 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50008320 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50209439 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50325075 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51315343 shares
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2171000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1910000000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1085000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1453000000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3256000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3363000000 usd
CY2023Q3 us-gaap Short Term Investments
ShortTermInvestments
3320000000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
2339000000 usd
CY2023Q3 us-gaap Long Term Investments
LongTermInvestments
149000000 usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
322000000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
3402000000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1024000000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
2378000000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2840000000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1104000000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1736000000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1038000000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1112000000 usd
CY2023Q3 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
14000000 usd
CY2022Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
8000000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
5000000 usd
CY2023Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
2000000 usd
CY2023Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
3402000000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
2840000000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1104000000 usd
meli Financing Receivable Allowance For Credit Loss Charged Credit To Net Loss Income
FinancingReceivableAllowanceForCreditLossChargedCreditToNetLossIncome
731000000 usd
meli Financing Receivable Allowance For Credit Losses Charges Utilized Currency Translation Adjustments And Writeoffs
FinancingReceivableAllowanceForCreditLossesChargesUtilizedCurrencyTranslationAdjustmentsAndWriteoffs
22000000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
833000000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1024000000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
435000000 usd
meli Financing Receivable Allowance For Credit Loss Charged Credit To Net Loss Income
FinancingReceivableAllowanceForCreditLossChargedCreditToNetLossIncome
842000000 usd
meli Financing Receivable Allowance For Credit Losses Charges Utilized Currency Translation Adjustments And Writeoffs
FinancingReceivableAllowanceForCreditLossesChargesUtilizedCurrencyTranslationAdjustmentsAndWriteoffs
-33000000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
236000000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1008000000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
159000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
153000000 usd
CY2023Q3 meli Intangible Assets And Goodwill Gross
IntangibleAssetsAndGoodwillGross
62000000 usd
CY2022Q4 meli Intangible Assets And Goodwill Gross
IntangibleAssetsAndGoodwillGross
61000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36000000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
21000000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
25000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
153000000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
6000000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
159000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
148000000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
5000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
153000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1000000 usd
CY2023Q3 meli Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
3000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10212000000 usd
us-gaap Direct Operating Costs
DirectOperatingCosts
7338000000 usd
meli Direct Contribution
DirectContribution
2874000000 usd
meli Operating Expenses And Indirect Costs Of Net Revenues
OperatingExpensesAndIndirectCostsOfNetRevenues
1291000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1583000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
545000000 usd
meli Interest Expense And Other Financial Charges
InterestExpenseAndOtherFinancialCharges
297000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-508000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1323000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7535000000 usd
us-gaap Direct Operating Costs
DirectOperatingCosts
5963000000 usd
meli Direct Contribution
DirectContribution
1572000000 usd
meli Operating Expenses And Indirect Costs Of Net Revenues
OperatingExpensesAndIndirectCostsOfNetRevenues
887000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
685000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
142000000 usd
meli Interest Expense And Other Financial Charges
InterestExpenseAndOtherFinancialCharges
221000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-134000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
472000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3760000000 usd
CY2023Q3 us-gaap Direct Operating Costs
DirectOperatingCosts
2631000000 usd
CY2023Q3 meli Direct Contribution
DirectContribution
1129000000 usd
CY2023Q3 meli Operating Expenses And Indirect Costs Of Net Revenues
OperatingExpensesAndIndirectCostsOfNetRevenues
444000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
685000000 usd
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
196000000 usd
CY2023Q3 meli Interest Expense And Other Financial Charges
InterestExpenseAndOtherFinancialCharges
111000000 usd
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-239000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
531000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2690000000 usd
CY2022Q3 us-gaap Direct Operating Costs
DirectOperatingCosts
2090000000 usd
CY2022Q3 meli Direct Contribution
DirectContribution
600000000 usd
CY2022Q3 meli Operating Expenses And Indirect Costs Of Net Revenues
OperatingExpensesAndIndirectCostsOfNetRevenues
304000000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
296000000 usd
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
65000000 usd
CY2022Q3 meli Interest Expense And Other Financial Charges
InterestExpenseAndOtherFinancialCharges
92000000 usd
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-71000000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
198000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10212000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7535000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3760000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2690000000 usd
CY2023Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1081000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
993000000 usd
CY2023Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
180000000 usd
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
178000000 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
195000000 usd
CY2023Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
81000000 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
104000000 usd
CY2022Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
42000000 usd
CY2022 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
1000000 usd
CY2023Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
72000000 usd
CY2023Q3 meli Aggregate Amount For Legal Actions For Which No Loss Amount Has Been Accrued
AggregateAmountForLegalActionsForWhichNoLossAmountHasBeenAccrued
480000000 usd
CY2023Q3 meli Financial Bills Noncurrent
FinancialBillsNoncurrent
8000000 usd
CY2022Q4 meli Financial Bills Noncurrent
FinancialBillsNoncurrent
0 usd
CY2023Q3 meli Deposit Liability Non Current
DepositLiabilityNonCurrent
0 usd
CY2022Q4 meli Deposit Liability Non Current
DepositLiabilityNonCurrent
3000000 usd
CY2023Q3 meli Commercial Notes Noncurrent
CommercialNotesNoncurrent
202000000 usd
CY2022Q4 meli Commercial Notes Noncurrent
CommercialNotesNoncurrent
187000000 usd
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
0 usd
meli Number Of Purchase Commitments Entered
NumberOfPurchaseCommitmentsEntered
2 supplier
CY2022Q2 meli Air Logistics Services Agreement Term
AirLogisticsServicesAgreementTerm
P10Y
CY2022Q2 meli Committed Contract Minimum Annual Cost
CommittedContractMinimumAnnualCost
43000000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
122000000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
59000000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
39000000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
24000000 usd
CY2023Q3 us-gaap Notes Payable To Bank Current
NotesPayableToBankCurrent
489000000 usd
CY2022Q4 us-gaap Notes Payable To Bank Current
NotesPayableToBankCurrent
319000000 usd
CY2023Q3 us-gaap Bank Overdrafts
BankOverdrafts
0 usd
CY2022Q4 us-gaap Bank Overdrafts
BankOverdrafts
9000000 usd
CY2023Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
94000000 usd
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
115000000 usd
CY2023Q3 meli Financial Bills Current
FinancialBillsCurrent
0 usd
CY2022Q4 meli Financial Bills Current
FinancialBillsCurrent
113000000 usd
CY2023Q3 us-gaap Deposit Liability Current
DepositLiabilityCurrent
901000000 usd
CY2022Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
993000000 usd
CY2023Q3 meli Commercial Notes Current
CommercialNotesCurrent
2000000 usd
CY2022Q4 meli Commercial Notes Current
CommercialNotesCurrent
6000000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
20000000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
14000000 usd
CY2023Q3 meli Collateralized Financing Current
CollateralizedFinancingCurrent
664000000 usd
CY2022Q4 meli Collateralized Financing Current
CollateralizedFinancingCurrent
535000000 usd
CY2023Q3 meli Other Lines Of Credit Current
OtherLinesOfCreditCurrent
9000000 usd
CY2022Q4 meli Other Lines Of Credit Current
OtherLinesOfCreditCurrent
10000000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2272000000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2131000000 usd
CY2023Q3 us-gaap Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
90000000 usd
CY2022Q4 us-gaap Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
145000000 usd
CY2023Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
19000000 usd
CY2022Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
24000000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
40000000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
37000000 usd
CY2023Q3 meli Collateralized Financing Noncurrent
CollateralizedFinancingNoncurrent
774000000 usd
CY2022Q4 meli Collateralized Financing Noncurrent
CollateralizedFinancingNoncurrent
703000000 usd
CY2023Q3 meli Other Lines Of Credit Noncurrent
OtherLinesOfCreditNoncurrent
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CY2022Q4 meli Other Lines Of Credit Noncurrent
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