MercadoLibre Inc.

MELI ·Industrials, Specialty Business Services, Uruguay
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016
Revenue $1.22B $844.4M
Cost of Revenue $496.9M $307.5M
Gross Profit $719.6M $536.9M
Gross Margin 59.2% 63.6%
Operating Expenses
Research & Development $127.2M $98.5M
SG&A Expense $122.2M $87.3M
Operating Income $56.3M $181.1M
Operating Margin 4.6% 21.4%
Interest Expense $18.5M $17.9M
Pretax Income $54.1M $185.3M
Income Tax Expense $40.3M $49.0M
Net Income $13.8M $136.4M
Net Margin 1.1% 16.1%
EPS (Basic) $0.31 $3.09
EPS (Diluted) $0.31 $3.09
Shares Outstanding (Basic) 44.2M 44.2M
Shares Outstanding (Diluted) 44.2M 44.2M
Dividends Per Share $0.60 $0.60
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