Global-E Online (GLBE) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
752.8M
Gross Profit
339.4M
45.09%
Operating Income
-67.9M
-9.02%
Net Income
-75.5M
-10.04%
Balance Sheet Metrics
Total Assets
1.3B
Total Liabilities
370.0M
Shareholders Equity
893.4M
Debt to Equity
0.41
Cash Flow Metrics
Operating Cash Flow
136.7M
Free Cash Flow
167.1M
Revenue & Profitability Trend
Global-E Online Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 752.8M | 569.9M | 409.0M | 245.3M | 136.4M |
| Cost of Goods Sold | 413.3M | 336.3M | 250.9M | 153.8M | 92.9M |
| Gross Profit | 339.4M | 233.6M | 158.2M | 91.4M | 43.5M |
| Operating Expenses | 407.4M | 370.7M | 347.5M | 157.1M | 35.1M |
| Operating Income | -67.9M | -137.1M | -189.3M | -65.7M | 8.4M |
| Pre-tax Income | -79.4M | -131.8M | -201.4M | -74.2M | 4.1M |
| Income Tax | -3.8M | 2.0M | -6.0M | 705.0K | 160.0K |
| Net Income | -75.5M | -133.8M | -195.4M | -74.9M | 3.9M |
| EPS (Diluted) | - | -$0.81 | -$1.24 | -$0.74 | $0.01 |
Income Statement Trend
Global-E Online Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 723.2M | 520.5M | 374.7M | 622.5M | 153.1M |
| Non-Current Assets | 540.3M | 681.9M | 787.9M | 223.7M | 8.2M |
| Total Assets | 1.3B | 1.2B | 1.2B | 846.1M | 161.3M |
| Liabilities | |||||
| Current Liabilities | 348.4M | 273.5M | 209.6M | 131.6M | 83.9M |
| Non-Current Liabilities | 21.6M | 26.9M | 24.9M | 18.8M | 121.9M |
| Total Liabilities | 370.0M | 300.4M | 234.5M | 150.4M | 205.8M |
| Equity | |||||
| Total Shareholders Equity | 893.4M | 902.0M | 928.1M | 695.8M | -44.5M |
Balance Sheet Composition
Global-E Online Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -75.5M | -133.8M | -195.4M | -74.9M | 3.9M |
| Operating Cash Flow | 136.7M | 58.1M | 45.8M | -8.1M | 4.3M |
| Investing Activities | |||||
| Capital Expenditures | -2.3M | -1.7M | -8.4M | -2.9M | -456.0K |
| Investing Cash Flow | -105.1M | -55.0M | -330.1M | -40.5M | -24.0M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | - | 0 | 0 | 396.5M | 58.8M |
| Free Cash Flow | 167.1M | 106.5M | 81.0M | 15.3M | 28.9M |
Cash Flow Trend
Global-E Online Key Financial Ratios
Valuation Ratios
Forward P/E
1,560.50
Price to Book
5.98
Price to Sales
6.65
PEG Ratio
1,560.50
Profitability Ratios
Profit Margin
-7.70%
Operating Margin
-10.10%
Return on Equity
-6.93%
Return on Assets
-3.16%
Financial Health
Current Ratio
2.47
Debt to Equity
2.70
Beta
1.26
Per Share Data
EPS (TTM)
-$0.37
Book Value per Share
$5.22
Revenue per Share
$4.74
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| glbe | 5.3B | - | 5.98 | -6.93% | -7.70% | 2.70 |
| Amazon.com | 2.3T | 34.84 | 7.41 | 25.24% | 10.14% | 51.64 |
| MercadoLibre | 124.4B | 60.39 | 24.85 | 49.11% | 9.21% | 155.02 |
| Etsy | 5.6B | 39.07 | - | -39.97% | 6.69% | -2.62 |
| Wayfair | 6.3B | -12.50 | -2.27 | 17.86% | -3.01% | -1.48 |
| Coupang | 51.5B | 202.71 | 11.73 | 4.75% | 0.82% | 92.77 |
Financial data is updated regularly. All figures are in the company's reporting currency.