Insight Report 2 minutes Premium

MercadoLibre (MELI) 4Q15 Results: Beats Consensus Estimates, Expands Into Four Additional Latam Countries

Executive Summary

  • MercadoLibre reported 4Q15 revenues of US$180.7 million, up 12.0% in USD and 69% in local currencies, beating the consensus estimate of US$170.0 million. EPS was US$0.88, up 15.8% and beating the consensus estimate of US$0.67.
  • Total payment volume through MercadoLibre’s online-payment system, MercadoPago, increased by 97.0% in local currencies and 41.7% in USD in 4Q15.
  • In 2015, MercadoLibre’s net revenues grew by 17.1% year over year to US$651.8 million, and the company launched in three new countries in 2015 including Bolivia, Paraguay and Guatemala.

This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.
If you wish to learn more about our subscription plans and become a paying subscriber, click here.