MERCADOLIBRE INC

For the period ended Dec 31, 2024. Filed Feb 21, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 21, 2025

MELI$1,490.24-2.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated balance sheets as of December 31, 202 and

Consolidated Balance Sheets

As of December 31, 2024 and 2023 (In millions of U.S. dollars, except par value)

	December 31,
	2024	2023 (1)
Assets
Current assets:
Cash and cash equivalents	$2,635		$2,556
Restricted cash and cash equivalents	2,064		1,292
Short-term investments	4,485		3,480
Accounts receivable, net	255		156
Credit card receivables and other means of payments, net	5,288		3,632
Loans receivable, net of allowances of $1,630 and $1,042 (Note 7)	4,716		2,629
Inventories	296		238
Other assets	403		277
Total current assets	20,142		14,260
Non-current assets:
Long-term investments	1,203		162
Loans receivable, net of allowances of $48 and $42 (Note 7)	179		65
Property and equipment, net	1,380		1,250
Operating lease right-of-use assets	1,098		899
Goodwill	149		163
Intangible assets, net	12		11
Intangible assets at fair value	49		24
Deferred tax assets	802		710
Other assets	182		68
Total non-current assets	5,054		3,352
Total assets	$25,196		$17,612
Liabilities
Current liabilities:
Accounts payable and accrued expenses	$3,196		$2,117
Funds payable to customers	6,954		4,475
Amounts payable due to credit and debit card transactions	1,923		1,072
Salaries and social security payable	727		545
Taxes payable	525		477
Loans payable and other financial liabilities	2,828		2,292
Operating lease liabilities	241		166
Other liabilities	209		119
Total current liabilities	16,603		11,263
Non-current liabilities:
Amounts payable due to credit and debit card transactions	41		20
Loans payable and other financial liabilities	2,887		2,203
Operating lease liabilities	894		672
Deferred tax liabilities	204		183
Other liabilities	216		200
Total non-current liabilities	4,242		3,278
Total liabilities	$20,845		$14,541
Commitments and contingencies (Note 16)
Equity
Common stock, 0.001 par value, $110,000,000 shares authorized, $50,697,375 and $50,697,442 shares issued and outstanding	$—		$—
Additional paid-in capital	1,770		1,770
Treasury stock	(311)		(310)
Retained earnings	3,812		1,901
Accumulated other comprehensive loss	(920)		(290)
Total equity	4,351		3,071
Total liabilities and equity	$25,196		$17,612

(1) Recast for consistency due to the adoption of Staff Accounting Bulletin No. 122. Please refer to Note 2 – Summary of significant accounting policies - Recently Adopted Accounting Standards to our audited consolidated financial statements for further details.

79| MercadoLibre, Inc.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.