Weekly Update November 4-8

MELI, AXON, NET earnings and musings on TMDX

We had three earnings this week, MercadoLibre, Axon, and Cloudflare. We’ve got a lot to cover so let’s get to it!

MercadoLibre

YoY Revenue

63%

53%

45%

43%

42%

38% 

46%

47%

36%

42%

35%

QoQ Growth

7%

16%

4%

12%

6%

13% 

10% 

12%

-2%

17%

5%

YoY Commerce Revenue

40%

23%

20%

22%

31%

38%

45%

48%

49%

53%

48%

YoY Fintech Revenue

108%

113%

94%

73%

40%

24%

33%

45%

22%

28%

21%

GAAP EBIT margins

6%

15%

11%

12%

13%

19%

20%

…