10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-219429`
Period End Date	20120331
Filing Date	20120509
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	meli-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 43 Cash Flow Statement 61 Stockholders Equity 31 Comprehensive Income 18

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.87M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.14M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.97M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.14M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$74.93M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$82.72M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.82M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.34M	USD	Point-in-time
Credits Cards Receivables	`ReceivablesFromCustomers`	$23.86M	USD	Point-in-time
Credits Cards Receivables	`ReceivablesFromCustomers`	$23.96M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.96M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.27M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$9.95M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$9.13M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$6.86M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$6.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$217.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$200.25M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$43.93M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$43.08M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$33.12M	USD	Point-in-time
Goodwill, net	`Goodwill`	$60.50M	USD	Point-in-time
Goodwill, net	`Goodwill`	$63.94M	USD	Point-in-time
Goodwill, net	`Goodwill`	$62.09M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.63M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.49M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$6.49M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$6.54M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.07M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$159.37M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$155.69M	USD	Point-in-time
Total assets	`Assets`	$355.93M	USD	Point-in-time
Total assets	`Assets`	$376.57M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.25M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$21.73M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$69.22M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$70.49M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$13.53M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$13.15M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$11.63M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$9.89M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$142.69K	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$146.19K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.53M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$4.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.30M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesNonCurrent`	$3.95M	USD	Point-in-time
Payroll and social security payable	`EmployeeRelatedLiabilitiesNonCurrent`	$3.84M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$136.23K	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$101.25K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.67M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.48M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.15M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$14.45M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$14.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$134.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$132.75M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$4.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$4.00M	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,147,120 and 44,142,020 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,147,120 and 44,142,020 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$44.14K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.45M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.46M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$150.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$135.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.69M	USD	Point-in-time
Total equity	`StockholdersEquity`	$171.72M	USD	Point-in-time
Total equity	`StockholdersEquity`	$183.11M	USD	Point-in-time
Total equity	`StockholdersEquity`	$237.68M	USD	Point-in-time
Total equity	`StockholdersEquity`	$219.18M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$376.57M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$355.93M	USD	Point-in-time

Income Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueServicesNet`	$61.46M	USD	1 Quarter
Net revenues	`SalesRevenueServicesNet`	$83.74M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$21.10M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$14.33M	USD	1 Quarter
Gross profit	`GrossProfit`	$47.13M	USD	1 Quarter
Gross profit	`GrossProfit`	$62.64M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$5.16M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$7.59M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$13.23M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$17.43M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.45M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$37.71M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$27.84M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$24.93M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.29M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$1.87M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$3.09M	USD	1 Quarter
Interest expense and other financial charges	`InterestExpenseAndOtherFinancialCharges`	$628.95K	USD	1 Quarter
Interest expense and other financial charges	`InterestExpenseAndOtherFinancialCharges`	$77.32K	USD	1 Quarter
Foreign currency loss	`ForeignCurrencyTransactionGainBeforeTax`	$-1.03M	USD	1 Quarter
Foreign currency loss	`ForeignCurrencyTransactionGainBeforeTax`	$-500.65K	USD	1 Quarter
Other income / (loss), net	`OtherNonoperatingIncomeExpense`	$-4.25K	USD	1 Quarter
Other income / (loss), net	`OtherNonoperatingIncomeExpense`	$20.34K	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.06M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.90M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$7.27M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$6.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.72M	USD	3 Qtrs
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.43K	USD	1 Quarter
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.06M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$19.63M	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.13M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.14M	shares	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.72M	USD	3 Qtrs
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.43K	USD	1 Quarter
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.54M	USD	1 Quarter
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-575.61K	USD	1 Quarter
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-816.54K	USD	1 Quarter
LTRP accrued compensation	`ShareBasedCompensation`	$1.17M	USD	1 Quarter
LTRP accrued compensation	`ShareBasedCompensation`	$1.85M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$316.87K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-190.81K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.80M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$378.62K	USD	1 Quarter
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$-479.32K	USD	1 Quarter
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$116.47K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$673.72K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-71.64K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$70.09K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-493.89K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.38M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.75M	USD	1 Quarter
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$-159.06K	USD	1 Quarter
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$3.07M	USD	1 Quarter
Provisions	`ProvisionForDoubtfulAccounts`	$1.41M	USD	1 Quarter
Provisions	`ProvisionForDoubtfulAccounts`	$18.03K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$158.14K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$220.11K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.99M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.17M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$86.66M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$99.07M	USD	1 Quarter
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$83.58M	USD	1 Quarter
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$80.82M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$73.41K	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$31.51K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.89M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.70M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.80M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.21M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.53M	USD	1 Quarter
Stock options exercised	`ProceedsFromStockOptionsExercised`	$885.00	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$885.00	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.53M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$173.68K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-158.64K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.86M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.49M	USD	1 Quarter
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$75.87M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$50.97M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$75.87M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$50.97M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$13.89K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$20.65K	USD	1 Quarter
Cash paid for income and asset taxes	`IncomeTaxesPaid`	$10.02M	USD	1 Quarter
Cash paid for income and asset taxes	`IncomeTaxesPaid`	$7.90M	USD	1 Quarter

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$171.72M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$183.11M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$237.68M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$219.18M	USD	Point-in-time
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.29K	USD	3 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$885.00	USD	1 Quarter
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$15.54K	USD	3 Qtrs
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$11.04K	USD	1 Quarter
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$33.71K	USD	1 Quarter
Dividend distribution	`DividendsCommonStockCash`	$3.53M	USD	1 Quarter
Dividend distribution	`DividendsCommonStockCash`	$4.81M	USD	1 Quarter
Dividend distribution	`DividendsCommonStockCash`	$10.59M	USD	3 Qtrs
Change in redeemable amount of noncontrolling interest	`ChangeInRedeemableAmountOfNoncontrollingInterest`	$610.85K	USD	3 Qtrs
Change in redeemable amount of noncontrolling interest	`ChangeInRedeemableAmountOfNoncontrollingInterest`	-	USD	1 Quarter
Change in redeemable amount of noncontrolling interest	`ChangeInRedeemableAmountOfNoncontrollingInterest`	$-316.30K	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.72M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.58M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$888.87K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-16.41M	USD	3 Qtrs
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-18.20K	USD	1 Quarter
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$693.97K	USD	1 Quarter
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$942.86K	USD	3 Qtrs
Realized net gain on investments	`RealizedNetGainOnInvestments`	$-924.66K	USD	1 Quarter
Realized net gain on investments	`RealizedNetGainOnInvestments`	-	USD	3 Qtrs
Realized net gain on investments	`RealizedNetGainOnInvestments`	$-45.53K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$171.72M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$183.11M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$237.68M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$219.18M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$62.72M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.58M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$888.87K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-16.41M	USD	3 Qtrs
Unrealized net gains (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-18.20K	USD	1 Quarter
Unrealized net gains (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$693.97K	USD	1 Quarter
Unrealized net gains (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$942.86K	USD	3 Qtrs
Realized net gain on investments	`OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-924.66K	USD	1 Quarter
Realized net gain on investments	`OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-45.53K	USD	1 Quarter
Net change in accumulated other comprehensive income, net of income tax	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$3.35M	USD	1 Quarter
Net change in accumulated other comprehensive income, net of income tax	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$825.15K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.88M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$22.99M	USD	1 Quarter
Less: Comprehensive Income attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$302.25K	USD	1 Quarter
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$22.68M	USD	1 Quarter
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$14.88M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.