In this video, I will be talking about MercadoLibre's (MELI 5.84%) Q4 earnings report. Mercadolibre has shown it can grow fast in Latin America, but the stock price has been a bit volatile after earnings.
MercadoLibre is an e-commerce giant in Latin America. Its two primary revenue segments are e-commerce, which consists of its market platform and logistics revenue, and fintech.
Here are my 3 favorite things about its recent earnings report:
- MercadoLibre saw strong year-over-year growth in the three main countries it does business in: Brazil with 68%, Argentina with 144%, and Mexico with 141% year-over-year growth.
- GMV (gross market value), one of my favorite metrics for an e-commerce business, has seen growth sequentially and year over year.
- TPV (total payment value), one of my favorite metrics for a fintech business, has seen growth sequentially and year over year.