Global-e Online Ltd.
Global-e Online Ltd. (GLBE) Financial Performance & Income Statement Overview
Review Global-e Online Ltd. (GLBE) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Global-e Online Ltd. (GLBE) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Global-e Online Ltd. GLBE financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $262.91M | $175.97M | $168.008M | $145.87M |
| Cost of Revenue | $144.25M | $95.91M | $90.58M | $84.79M |
| Gross Profit | $118.66M | $80.06M | $77.43M | $61.08M |
| Gross Profit Ratio | $0.45 | $0.45 | $0.46 | $0.42 |
| R&D Expenses | $28.28M | $26.99M | $26.68M | $23.54M |
| SG&A Expenses | $85.19M | $74.10M | $73.57M | $66.80M |
| Operating Expenses | $113.48M | $101.09M | $100.25M | $90.34M |
| Total Costs & Expenses | $257.73M | $197.003M | $190.82M | $175.13M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $6.07M | $1.19M | $693000.00 | $3.51M |
| Depreciation & Amortization | $42.38M | $4.95M | $5.53M | $5.51M |
| EBITDA | $47.56M | -$16.08M | -$17.29M | -$23.75M |
| EBITDA Ratio | $0.18 | -$0.09 | -$0.10 | -$0.16 |
| Operating Income | $5.18M | -$21.03M | -$22.82M | -$29.26M |
| Operating Income Ratio | $0.02 | -$0.12 | -$0.14 | -$0.20 |
| Other Income/Expenses (Net) | -$6.07M | -$1.19M | -$693000.00 | -$3.51M |
| Income Before Tax | -$891000.00 | -$22.22M | -$23.51M | -$32.77M |
| Income Before Tax Ratio | -$0.003 | -$0.13 | -$0.14 | -$0.22 |
| Income Tax Expense | -$2.40M | $343000.00 | -$1.07M | -$720000.00 |
| Net Income | $1.51M | -$22.56M | -$22.44M | -$32.05M |
| Net Income Ratio | $0.006 | -$0.13 | -$0.13 | -$0.22 |
| EPS | $0.009 | -$0.13 | -$0.13 | -$0.19 |
| Diluted EPS | $0.009 | -$0.13 | -$0.13 | -$0.19 |
| Weighted Avg Shares Outstanding | $168.43M | $167.69M | $166.98M | $166.19M |
| Weighted Avg Shares Outstanding (Diluted) | $175.67M | $167.69M | $166.98M | $166.19M |
The company's financials show resilient growth, with revenue advancing from $145.87M in Q1 2024 to $262.91M in Q4 2024. Gross profit remained healthy with margins at 45% in Q4 2024 compared to 42% in Q1 2024. Operating income hit $5.18M last quarter, sustaining a consistent 2% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $47.56M. Net income rose to $1.51M, while earnings per share reached $0.009. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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