10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-433300`
Period End Date	20130930
Filing Date	20131108
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	meli-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 84 Cash Flow Statement 66 Comprehensive Income 30

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$128.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.17M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$91.33M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$93.69M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$26.62M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$19.84M	USD	Point-in-time
Credit cards receivables, net	`ReceivablesFromCustomers`	$35.82M	USD	Point-in-time
Credit cards receivables, net	`ReceivablesFromCustomers`	$37.87M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.16M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.08M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$11.04M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$14.32M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$11.40M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$15.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$275.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$317.75M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$69.81M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$85.96M	USD	Point-in-time
Advance for fixed assets	`AdvancedForFixedAssets`	$26.17M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$37.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$80.00M	USD	Point-in-time
Goodwill	`Goodwill`	$60.37M	USD	Point-in-time
Goodwill	`Goodwill`	$62.09M	USD	Point-in-time
Goodwill	`Goodwill`	$2.67M	USD	Point-in-time
Goodwill	`Goodwill`	$57.86M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.28M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.44M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$5.29M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$5.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.01M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.12M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$251.57M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$203.31M	USD	Point-in-time
Total assets	`Assets`	$478.67M	USD	Point-in-time
Total assets	`Assets`	$569.32M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$33.21M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.98M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$122.29M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$101.47M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$23.31M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$19.97M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$19.21M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$16.19M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$84.57K	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$18.91M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$4.81M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$6.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$220.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$169.53M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$3.45M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$8.56M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$23.57K	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$59.49K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.54M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.98M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.84M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.78M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$20.90M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$15.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$241.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$184.86M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`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, 44,152,933 and 44,150,920 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,152,933 and 44,150,920 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$218.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$275.58M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-71.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.78M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$289.81M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$324.20M	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interest and Equity	`LiabilitiesAndStockholdersEquity`	$478.67M	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interest and Equity	`LiabilitiesAndStockholdersEquity`	$569.32M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueServicesNet`	$123.06M	USD	1 Quarter
Net revenues	`SalesRevenueServicesNet`	$269.85M	USD	3 Qtrs
Net revenues	`SalesRevenueServicesNet`	$337.96M	USD	3 Qtrs
Net revenues	`SalesRevenueServicesNet`	$97.27M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$25.69M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$34.14M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$93.87M	USD	3 Qtrs
Cost of net revenues	`CostOfRevenue`	$70.68M	USD	3 Qtrs
Gross profit	`GrossProfit`	$244.09M	USD	3 Qtrs
Gross profit	`GrossProfit`	$71.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$199.16M	USD	3 Qtrs
Gross profit	`GrossProfit`	$88.91M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$31.22M	USD	3 Qtrs
Product and technology development	`TechnologyServicesCosts`	$7.98M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$12.07M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$21.70M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$18.59M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$67.34M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$24.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$52.82M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.29M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$44.12M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$34.11M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.26M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$51.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$108.63M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$37.86M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$142.67M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$33.71M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$90.53M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$101.42M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$37.40M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$8.37M	USD	3 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.78M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.93M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$9.00M	USD	3 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$864.48K	USD	3 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$312.86K	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$1.38M	USD	3 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$487.50K	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.58M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.07M	USD	3 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-477.50K	USD	3 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-193.53K	USD	1 Quarter
Other losses, net	`OtherNonoperatingIncomeExpense`	$-190.97K	USD	3 Qtrs
Other losses, net	`OtherNonoperatingIncomeExpense`	$-179.71K	USD	1 Quarter
Other losses, net	`OtherNonoperatingIncomeExpense`	$-42.22K	USD	1 Quarter
Other losses, net	`OtherNonoperatingIncomeExpense`	$-44.56K	USD	3 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$107.30M	USD	3 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$97.99M	USD	3 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.95M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$41.22M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$26.89M	USD	3 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$12.08M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$30.61M	USD	3 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$9.89M	USD	1 Quarter
Net income	`ProfitLoss`	$76.69M	USD	3 Qtrs
Net income	`ProfitLoss`	$26.07M	USD	1 Quarter
Net income	`ProfitLoss`	$29.15M	USD	1 Quarter
Net income	`ProfitLoss`	$71.10M	USD	3 Qtrs
Less: Net (Loss) Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.86K	USD	3 Qtrs
Less: Net (Loss) Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.80K	USD	1 Quarter
Less: Net (Loss) Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-137.93K	USD	1 Quarter
Less: Net (Loss) Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-53.21K	USD	3 Qtrs
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.04M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$76.74M	USD	3 Qtrs
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$71.06M	USD	3 Qtrs
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$29.28M	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$1.62	USD	3 Qtrs
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$1.73	USD	3 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	3 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	3 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$1.73	USD	3 Qtrs
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$1.62	USD	3 Qtrs
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	3 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.16M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	3 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.04M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$76.74M	USD	3 Qtrs
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$71.06M	USD	3 Qtrs
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$29.28M	USD	1 Quarter
Net (loss) income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.86K	USD	3 Qtrs
Net (loss) income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.80K	USD	1 Quarter
Net (loss) income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-137.93K	USD	1 Quarter
Net (loss) income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-53.21K	USD	3 Qtrs
Net Devaluation Loss in Venezuela	`ForeignCurrencyTransactionLossBeforeTax`	$6.42M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.41M	USD	3 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-5.71M	USD	3 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-3.23M	USD	3 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$3.34M	USD	3 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$10.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-813.54K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.01M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$17.14M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.82M	USD	3 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$18.85M	USD	3 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$7.56M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.30M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.02M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.09M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.23M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$17.98M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.87M	USD	3 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$19.98M	USD	3 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$32.48M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$930.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.47M	USD	3 Qtrs
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$8.69M	USD	3 Qtrs
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$3.39M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$83.71M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$122.85M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$344.74M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$802.27M	USD	3 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$320.44M	USD	3 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$803.21M	USD	3 Qtrs
Payment for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.22M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.34M	USD	3 Qtrs
Advance for fixed assets	`IncreaseDecreaseInAdvancedForFixedAssets`	$26.17M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.68M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$49.93M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.33M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-78.38M	USD	3 Qtrs
Loans payable and other financial liabilities	`NetProceedsFromLoansPayableAndFinancingObligation`	$13.52M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$13.16M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$17.44M	USD	3 Qtrs
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$1.01M	USD	3 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$3.02K	USD	3 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$5.70K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.93M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.15M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.44M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-12.94M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$30.79M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$26.61M	USD	3 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$128.10M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	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`	$98.17M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$128.10M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	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`	$98.17M	USD	Point-in-time

Comprehensive Income 30 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$76.69M	USD	3 Qtrs
Net income	`ProfitLoss`	$26.07M	USD	1 Quarter
Net income	`ProfitLoss`	$29.15M	USD	1 Quarter
Net income	`ProfitLoss`	$71.10M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.80M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-22.42M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.26M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.08M	USD	3 Qtrs
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$104.88K	USD	1 Quarter
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$47.85K	USD	3 Qtrs
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$975.18K	USD	3 Qtrs
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$290.62K	USD	1 Quarter
Less: reclassification adjustment for gains on available for sale investments included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$759.57K	USD	3 Qtrs
Less: reclassification adjustment for gains on available for sale investments included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$924.66K	USD	3 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-8.03M	USD	3 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-23.14M	USD	3 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.15M	USD	1 Quarter
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-7.51M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.91M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$21.64M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$63.07M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$53.55M	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-110.76K	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$325.50K	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-178.18K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$76.37K	USD	1 Quarter
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$62.74M	USD	3 Qtrs
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$24.84M	USD	1 Quarter
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$21.82M	USD	1 Quarter
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$53.67M	USD	3 Qtrs

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