share_log

MercadoLibre | 10-Q: Q3 2024 Earnings Report

MercadoLibre | 10-Q: Q3 2024 Earnings Report

MercadoLibre | 10-Q:2024财年三季报
美股SEC公告 ·  2024/11/08 05:05

Moomoo AI 已提取核心信息

MercadoLibre reported strong financial results for Q3 2024, with net revenues increasing 35.3% year-over-year to $5.31 billion, driven by 47.5% growth in Commerce revenues to $3.14 billion and 20.8% growth in Fintech revenues to $2.17 billion. Gross merchandise volume rose 13.6% while total payment volume jumped 34.0% compared to Q3 2023.Operating income decreased to $557 million from $785 million in Q3 2023, with operating margin declining to 10.5% from 20.0%, primarily due to higher cost of revenues and increased provision for doubtful accounts. The company maintained strong user metrics with 56 million Fintech monthly active users and 61 million unique active buyers.Brazil remained the largest market contributing 54.8% of revenues, followed by Mexico at 21.6% and Argentina at 19.4%. The company continued investing in logistics infrastructure and technology, with capital expenditures of $223 million during the quarter. Cash and investments position strengthened to $7.9 billion as of September 30, 2024.
MercadoLibre reported strong financial results for Q3 2024, with net revenues increasing 35.3% year-over-year to $5.31 billion, driven by 47.5% growth in Commerce revenues to $3.14 billion and 20.8% growth in Fintech revenues to $2.17 billion. Gross merchandise volume rose 13.6% while total payment volume jumped 34.0% compared to Q3 2023.Operating income decreased to $557 million from $785 million in Q3 2023, with operating margin declining to 10.5% from 20.0%, primarily due to higher cost of revenues and increased provision for doubtful accounts. The company maintained strong user metrics with 56 million Fintech monthly active users and 61 million unique active buyers.Brazil remained the largest market contributing 54.8% of revenues, followed by Mexico at 21.6% and Argentina at 19.4%. The company continued investing in logistics infrastructure and technology, with capital expenditures of $223 million during the quarter. Cash and investments position strengthened to $7.9 billion as of September 30, 2024.
MercadoLibre报告了2024年第三季度强劲的财务业绩,净收入同比增长35.3%,达到53.1亿美金,主要受商业收入增长47.5%至31.4亿美金和金融科技收入增长20.8%至21.7亿美金的推动。商品成交量增长了13.6%,而总支付成交量较2023年第三季度跃升34.0%。营业收入从2023年第三季度的78500万美金降至55700万美金,营业利润率从20.0%下降至10.5%,主要由于收入成本上升和增加了坏账准备。公司在用户指标方面保持强劲,拥有5600万金融科技月活跃用户数和6100万独立活跃买家。巴西仍然是最大市场,占收入的54.8%,其次是墨西哥的21.6%和阿根廷的19.4%。公司持续投资于物流基础设施和科技,季度资本支出为22300万美金。截至2024年9月30日,现金和投资在79亿美金。
MercadoLibre报告了2024年第三季度强劲的财务业绩,净收入同比增长35.3%,达到53.1亿美金,主要受商业收入增长47.5%至31.4亿美金和金融科技收入增长20.8%至21.7亿美金的推动。商品成交量增长了13.6%,而总支付成交量较2023年第三季度跃升34.0%。营业收入从2023年第三季度的78500万美金降至55700万美金,营业利润率从20.0%下降至10.5%,主要由于收入成本上升和增加了坏账准备。公司在用户指标方面保持强劲,拥有5600万金融科技月活跃用户数和6100万独立活跃买家。巴西仍然是最大市场,占收入的54.8%,其次是墨西哥的21.6%和阿根廷的19.4%。公司持续投资于物流基础设施和科技,季度资本支出为22300万美金。截至2024年9月30日,现金和投资在79亿美金。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息