MercadoLibre, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 472,595 373,601 298,932 216,716
Cost of Revenue 130,077 98,086 72,056 46,550
Gross Profit 342,518 275,516 226,876 170,166
Operating Expenses
Research and Development 40,888 28,627 23,350 15,856
Sales, General and Admin. 148,091 117,231 103,754 79,711
Non-Recurring Items - - - -
Other - - - -
Operating Income 153,539 129,658 99,772 74,599
Income From Continuing Operations
Add'l Income/Expense Items 11,926 11,698 12,333 4,869
Earnings Before Interest and Tax 165,465 141,356 112,105 79,467
Interest Expense 2,356 1,138 3,649 7,602
Earnings Before Tax 163,109 140,218 108,456 71,866
Income Tax 45,583 38,871 31,660 15,841
Minority Interest 19 99 16 -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 117,507 101,247 76,780 56,025
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 117,507 101,247 76,780 56,025
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 117,507 101,247 76,780 56,025