MercadoLibre, Inc. (MELI) Financial Statements (2024 and earlier)
Company Profile
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2023
| 12/31/2022
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
| 12/31/2017
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments, including: | | 4,249 | 3,394 | 2,461 | 2,982 | 902 | 598 |
|
Cash and cash equivalents | | 1,910 | 2,585 | 1,856 | 1,385 | 440 | 388 |
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Short-term investments | | 2,339 | 810 | 1,241 | 1,597 | 462 | 209 |
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Other undisclosed cash, cash equivalents, and short-term investments | | | | (637) | | | |
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Restricted cash and investments | | 1,453 | 1,063 | 652 | 67 | 24 | |
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Receivables | | 1,834 | 1,297 | 435 | 218 | 131 | 102 |
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Inventory, net of allowances, customer advances and progress billings | | 152 | 253 | 118 | 9 | 5 | 3 |
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Inventory | | 152 | 253 | 118 | 9 | 5 | 3 |
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Prepaid expense | | 38 | 40 | 28 | 45 | 27 | 6 |
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Financing receivable, excluding accrued interest, after allowance for credit loss | | | | ✕ | ✕ | ✕ | ✕ |
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Other current assets | | 266 | 287 | 153 | 89 | 62 | 58 |
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Other undisclosed current assets | | 2,961 | 1,839 | 1,500 | 380 | 360 | 521 |
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Total current assets: | | 10,953 | 8,175 | 5,347 | 3,789 | 1,511 | 1,287 |
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Noncurrent Assets |
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Operating lease, right-of-use asset | | 656 | 461 | 303 | 200 | ✕ | ✕ |
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Financing receivable, excluding accrued interest, after allowance for credit loss | | | | ✕ | ✕ | ✕ | ✕ |
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Property, plant and equipment | | 993 | 807 | 392 | 244 | 166 | 115 |
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Long-term investments and receivables | | 354 | 150 | 183 | 270 | 276 | 35 |
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Long-term investments | | 322 | 89 | 166 | 264 | 276 | 35 |
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Accounts and financing receivable, after allowance for credit loss | | 32 | 61 | 17 | 6 | | |
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Intangible assets, net (including goodwill) | | 178 | 193 | 99 | 102 | 107 | 115 |
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Goodwill | | 153 | 148 | 85 | 88 | 89 | 92 |
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Intangible assets, net (excluding goodwill) | | 25 | 45 | 14 | 14 | 19 | 23 |
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Deferred income tax assets | | 346 | 181 | 135 | 118 | ✕ | ✕ |
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Other noncurrent assets | | 256 | 134 | 68 | 58 | 38 | 64 |
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Other undisclosed noncurrent assets | | | | | | 141 | 57 |
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Total noncurrent assets: | | 2,783 | 1,926 | 1,180 | 993 | 728 | 386 |
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TOTAL ASSETS: | | 13,736 | 10,101 | 6,526 | 4,782 | 2,240 | 1,673 |
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LIABILITIES AND EQUITY |
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Liabilities |
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Current Liabilities |
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Accounts payable and accrued liabilities, including: | | 1,393 | 1,036 | 767 | 372 | 267 | 221 |
|
Interest and dividends payable | ✕ | ✕ | | | | | 7 |
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Taxes payable | ✕ | ✕ | 291 | 216 | 60 | 31 | 32 |
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Employee-related liabilities | ✕ | ✕ | 313 | 207 | 102 | 60 | 65 |
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Accrued liabilities | | 815 | | | | | |
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Other undisclosed accounts payable and accrued liabilities | | 578 | 431 | 344 | 210 | 175 | 117 |
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Debt | | 2,131 | 1,285 | 548 | 186 | 133 | 56 |
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Other liabilities | | 129 | 88 | 109 | 114 | 34 | 4 |
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Other undisclosed current liabilities | | 4,909 | 3,427 | 2,212 | 1,079 | 732 | 687 |
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Total current liabilities: | | 8,562 | 5,837 | 3,636 | 1,752 | 1,166 | 968 |
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Noncurrent Liabilities |
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Long-term debt and lease obligation, including: | | 2,627 | 2,233 | 861 | 631 | 602 | 312 |
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Long-term debt, excluding current maturities | | 169 | | 596 | 569 | 602 | 312 |
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Finance lease, liability | | 37 | 36 | 16 | 7 | ✕ | ✕ |
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Other undisclosed long-term debt and lease obligation | | 2,421 | 2,198 | 249 | 55 | | |
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Liabilities, other than long-term debt | | 715 | 104 | 85 | 113 | 111 | 42 |
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Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | 92 | 24 |
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Deferred income tax liabilities | | 106 | 62 | 64 | 100 | ✕ | ✕ |
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Other liabilities | | 95 | 41 | 20 | 13 | 20 | 18 |
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Operating lease, liability | | 514 | | | | ✕ | ✕ |
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Other undisclosed noncurrent liabilities | | 5 | 396 | 293 | 203 | 23 | 25 |
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Total noncurrent liabilities: | | 3,347 | 2,733 | 1,239 | 947 | 737 | 379 |
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Total liabilities: | | 11,909 | 8,569 | 4,875 | 2,700 | 1,903 | 1,347 |
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Temporary equity, carrying amount | | | | | 99 | | |
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Equity |
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Equity, attributable to parent | | 1,827 | 1,532 | 1,652 | 1,983 | 337 | 326 |
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Common stock | | | 0 | 0 | 0 | 0 | 0 |
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Treasury stock, value | | (931) | (790) | (55) | (1) | | |
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Additional paid in capital | | 2,309 | 2,439 | 1,861 | 2,068 | 225 | 71 |
|
Accumulated other comprehensive loss | | (464) | (515) | (468) | (407) | (392) | (283) |
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Retained earnings | | 913 | 397 | 314 | 323 | 503 | 538 |
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Total equity: | | 1,827 | 1,532 | 1,652 | 1,983 | 337 | 326 |
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TOTAL LIABILITIES AND EQUITY: | | 13,736 | 10,101 | 6,526 | 4,782 | 2,240 | 1,673 |
Income Statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.