Mercado Libre Stellar Q4 provides 2024 with net revenue of $ 6.1 billion and net income of $ 639 million – Mercadolibre (NASDAQ: Meli)

Montevideo, February 20, 2025 (Globe Newswire) – Mercado Libre Stellar Q4 provides 2024 with net revenue of $ 6.1 billion and net income of $ 639 million

• In the passage of the twenty -fifth anniversary, Merkado Liabry exceeded 100 One million unique buyers in the market and 61 One million monthly active users.
• In trade, Rose GMV 8% Yoy in the fourth quarter to reach $14.5 One billion while the elements that are sold on the trade platform increased 27% Yue.
• In Fintech, the credit portfolio reached $6.6 A billion in the fourth quarter, even 74% Yoy, with credit cards offer the biggest contribution to growth.

Q4 2024

Montevideo, Uruguay. February 20, 2025 – Mercado Lieber MillerThe leading e -commerce platform in the field of e -commerce in Latin America, today’s reports on the results of the fourth and full year of 2024, which provides strong and strong financial performance. Safi revenues increased in the fourth quarter of 2024 37%, On an annual basis, up to a dollar6.1 One billion, while the income of operations reached a record of $820 The net income for a quarter was $639 A million, which reflects strong momentum and sustainable growth strategy.

Trading operations in Mercado Libre flourished in the fourth quarter, where the unique buyers exceeded 67 A million in a quarter of a note 24% Yi and Obor 100 One million marks in the past twelve months for the first time. The total goods value (GMV) increased 8% Ui, to reach $ 14.5 One billion while the elements that are sold on the trade platform increased 27% In Q4 yoy. Brazil and Mexico have achieved strong growth, with GMV’s height due to neutral growth by FX 32% And 28% Respectively, even against high comparative numbers.

The momentum seen in the fourth quarter is the result of the company’s long -term vision to enhance the market through strategic investments specifically designed for the user experience, formations and logistical capabilities. In 2024, MERCADO LIBRE 10 opened new investigation centers and expanded free shipping offers that led to a record number of new buyers, welcoming distinguished international names such as Lancôme, Ralph Lauren, Lacoste and other brands such as Naura. Logistics initiatives paved the way for the way to form a standard efficiency and penetrate loyalty across the markets, with shipments of the next day and the next day grow 21% Yoy in Q4 where 49 % The shipments were delivered inside the same day and the next day. These initiatives are not only served to capture new slices of buyers and merchants, but also to pay sustainable profitability in all fields.

Products and brand ads were well performed during the peak season, such as Black Friday, with the latter benefiting from expanded availability through the self -service platform. This contributed to the growth of advertising revenues 41% Yue (88% FX neutral) in Q4’24, arrival 2.1% Of GMV.

On the Fintech front, in Q4 2024, the Mercado Pago continued to expand its arrival scope 34% In monthly active users, access 61 Million, and the assets are under the climbing of the administration 129% Yoy to $10.6 one billion. The credit portfolio reached $6.6 A billion in the fourth quarter, even 74% YOY, with credit cards offer the biggest growth contribution, with the support of improved credit registration models, allowing us to make competitive offers. Investments were made to develop a credit card portfolio, which is very important to the ambition of Mercado Pago to become the largest digital bank in Latin America. Excellent progress is made to our ambition to provide the best digital account in Latin America. NPS hit record levels in Brazil and Mexico in the fourth quarter of the second quarter of 2021 in Argentina.

“We have finished 2024 with strong momentum and looking until 2025 and beyond with great optimism. The strategic investments that we have made over the years to enhance our value proposal, raise strong financial results and increase the consolidation of our competitive advantage., With every component to enhance participation across others. It was not. We have confidence in millions throughout the region. Martin de Los Santos, Financial Director, Mercado Lieber.

The most prominent financial points of Q4 2024:

• Net revenues of $ 6.1 billion, 37 % on a dollar year and 96 % in a neutral FX.
• Income from operations reached $ 820 million, and a margin of 13.5 %.
• The net income reached $ 639 million, which is a 10.5 % margin.

Trade Q4 2024:

• Net revenue From trade in the fourth quarter, it grew by 44 % on an annual basis, up to $3.6 one billion.
• The total value of goods (GMV)The total value of the goods sold on our platform, Rose 8% Of dollar Yi to reach $14.5 Billion, with a 56 % FXN growth.
• Unique buyers They exceeded 67 million with 24% Yi increase.
• Sold elements receipt 525 million unitsto rise 27% This quarter.
• more than 95 % of shipments During this period, the manager for Mercado Libre has been completed, and 49 % of these were delivered on the same day and the next day.

Fintech Q4 2024:

• Net revenue From Mercado Pago 2.5 billion dollarshigher 29 % Yi.
• Total payment volume (TPV) Right by 33 % in dollars Yi to reach $ 59 billion.
• Monthly active users I arrived more 61 million In the fourth quarter.
• Assets under management I slept 129 % Yi arrival 10.6 billion dollars In the fourth quarter.
• Get TPV, Which represents all the payments that have been processed and settled via Mercada Pago, both in the market and abroad (MPOS devices, online payments and QR symbols) 20 % Yi to reach 42 billion dollars.
• Mercado Pago’s credit portfolio Great 74 % Yi to reach 6.6 billion dollarsThrough all geographical regions.
• Mercado Pago credit portfolio wallet The relevant growth also recorded 118 % Yi, arrival $ 2.6 billion.

2024 years full of unified results

The most prominent financial points for the full year 2024:

• Net revenues: $ 21 billion, 38 % on a dollar year -on -basis and 101 % on an annual basis in a neutral FX.
• The income of operations amounted to $ 2.6 billion, with a margin of 12.7 %.
• The net income reached $ 1.9 billion, with a margin of 9.2 %.

Full year in 2024:

• The net revenue from the trade trade arrived in 2024 12.2 billion dollarshigher 48.3 % Yi.
• The total value of goods (GMV), the total value of the goods sold, in 2024 51.5 billion dollarshigher 15 % Yi.
• Through the unique Sunni buyers, a landmark 100 million For the first time in 2024, which indicates the high participation and frequency as a result of the continuous investment in UX, the formation and logistical services. Mercado Libre 10 has opened new investigation centers and expanded free shipping offers.
• Throughout the year 2024, Mercado Envios was treated 1.8 billion elements and 49 % of delivery operations have been completed on the same day and the next day, The pioneer in Latin America.
• These achievements are the result of improving the user experience to reduce friction across categories. For example, in the supermarket category launched Millie Super completeA new page on the store interface that allows better movement in sub -categories of dry grocery stores. In the fashion, we united the filters and sizes for purchases and presented the Amnesty International tool that finds similar elements, and we enabled a better return experience, allowing users to exchange purchase of a different size in one of the thousands of Millie places Throughout the region.

Fintech full year 2024:

• Fintech’s business strategy continued to achieve consistent results in 2024 with net revenue from Mercado Pago 8.6 billion dollarshigher 24.8 % Yi.
• Total payment volume (TPV) has been accessed 197 billion dollarsfor higher 34 % Yoy while the total TPN in 2024 is above 11.4 billion.
• Get the total amount of payment 142 billion dollars, higher 23 % YOY, as a result of our movement in Markyt and Servented Services as the second treatment time.
• For Fintech users, we have continued to enhance our value suggestion: Meli+ users with a credit card issued by Mercado Pago, they get special purchase conditions during the peak season such as 18x installments for average high selling prices. Our credit card users also get additional cash recovery on their purchases Millions of dollars, Our stablecoin.
• Consumer credit solutions and credit cards have also grown against the backdrop of large credit limits and improved registration models.
• To complete the proposal of a large value of our credit card, users also reach attractive returns on deposits in Brazil, Mexico, Argentina, Chile and new investment options.

About Mercado Lieber

Founded in 1999, Mercado Libre, Inc Miller It is the leading company in e -commerce and financial technology in Latin America, with operations in 18 countries and more than 84,000 direct employees. It provides a complete environmental system for individuals and companies to buy, sell, advertise, obtain credit and insurance, collect funds, provide them, and pay the price of goods and services online and not connected. In addition to the e -commerce platform and the Mercado Pago Digital Bank, the company owns the services of Mercado ADS, Mercado Envios and Mercado Libre Vis (vehicles, property and services). The largest and most complete Mercado Libre collects in the region, already collects more than 100 million active buyers annually, performing 57 purchases and 360 transactions per second. In 2024, its net unified revenues amounted to $ 21 billion, when it also reached $ 51.5 billion of the total goods value (GMV), exceeding more than 1.8 billion products sold through Mercado Envios. Mercado Libre is looking to facilitate access to trade and financial services in Latin America, a market that provides great opportunities and high growth capabilities. Uses global level technology to create intuitive solutions designed for local culture to transform the lives of millions of people in the region. More information in https://news.mercadolibre.com/en/home

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