Early Access

10-KPeriod: FY2009

MERCADOLIBRE INC Annual Report, Year Ended Dec 31, 2009

Filed February 26, 2010For Securities:MELI

Summary

MercadoLibre Inc. (MELI) filed its 2009 annual report on February 25, 2010, detailing its business operations and financial performance for the year ending December 30, 2009. As a leading e-commerce platform in Latin America, the company experienced growth in its core marketplace and payment solutions segments during this period. Investors should note the company's focus on expanding its user base, enhancing its technology infrastructure, and navigating the dynamic economic and regulatory landscape of the regions it operates in. The filing provides critical insights into MELI's competitive positioning, risk factors, and financial health. Management's Discussion and Analysis (MD&A) offers a deeper look into the operational drivers of revenue and profitability, as well as the company's liquidity and capital resources. While the report does not contain specific financial figures here, it signifies the period leading up to a potentially significant growth phase for the company, highlighting its strategic initiatives and the challenges it faced in emerging markets.

Financial Statements
Beta
Revenue$172.84M
Cost of Revenue$35.96M
Gross Profit$136.89M
Operating Expenses$80.85M
Operating Income$56.03M
Interest Expense$214K
Net Income$33.21M
EPS (Basic)$0.75
EPS (Diluted)$0.75
Shares Outstanding (Basic)44.09M
Shares Outstanding (Diluted)44.14M

Key Highlights

  • 1Focus on growth in Latin America's e-commerce market.
  • 2Detailed business overview including marketplace and payment solutions.
  • 3Discussion of risk factors inherent in operating in emerging markets.
  • 4Management's analysis of financial condition and results of operations.
  • 5Information on corporate governance, executive compensation, and security ownership.
  • 6Disclosure of legal proceedings and regulatory matters.

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