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General information

Country: BRITAIN

Sector: Internet Retail

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide. Global-E Online Ltd. was incorporated in 2013 and is headquartered in Petah Tikva, Israel.
Website: global-e.com



Growth: Good revenue growth rate 32.1%, there is slowdown compared to average historical growth rates 41.7%. The revenue growth dynamics is stable

Profitability: LTM EBITDA margin is negative, -23.9%. On average the margin is improving steadily. Gross margin is high, +41.2%. In the last quarter the company beat the estimated EPS. The company was ahead of estimated EPS in 40% of quarters (showing a gain of -$0.05 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 1.9% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 66.4% higher than minimum and 65.2% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 2.2x by EV / Sales multiple , the company can be 71.1% overvalued

Key Financials (Download financials)

Ticker: GLBE
Share price, USD:  (0.0%)28.4
year average price 36.98  


year start price 35.94 2023-05-21

max close price 45.05 2023-07-31

min close price 28.40 2024-05-16

current price 29.13 2024-05-19
Common stocks: 156 469 999

Dividend Yield:  0.0%
Last revenue growth (y/y):  32.1%
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  41.7%
Historical growth of EBITDA:  0.0%
EV / Sales: 7.5x
Margin (EBITDA LTM / Revenue): -23.9%
Fundamental value created in LTM:
Market Cap ($m): 4 558
Net Debt ($m): -294
EV (Enterprise Value): 4 264
Price to Book: 5.1x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-05-06GlobeNewsWire

Global-e to Announce Financial Results for the First Quarter 2024 on May 20, 2024

2024-02-21The Motley Fool

Why Global-e Online Stock Fell Today

2024-02-21Zacks Investment Research

Global-e Online Ltd. (GLBE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

2024-02-15Zacks Investment Research

Seeking Clues to Global-e Online Ltd. (GLBE) Q4 Earnings?

2024-02-12Zacks Investment Research

Has Globale Online (GLBE) Outpaced Other Retail-Wholesale Stocks This Year?

2024-01-27The Motley Fool

3 Conclusive Reasons Global-e Online Could Explode Higher in 2024

2024-01-21The Motley Fool

Is It Too Late to Buy Global-e Stock?

2024-01-11The Motley Fool

Why Global-e Stock Soared 92% in 2023

2024-01-10Seeking Alpha

Global-e Online: TAM Expansion Could Drive Strong Upside

2024-01-08The Motley Fool

Why Global-e Stock Jumped 16% in December
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol GLBE GLBE GLBE GLBE GLBE GLBE
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-11-15 2023-08-08 2023-05-22 2022-12-31 2022-09-30
acceptedDate 2024-03-28 16:06:25 2023-11-15 09:00:12 2023-08-08 09:00:13 2023-05-22 09:00:18 2022-12-30 19:00:00 2022-09-29 20:00:00
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 185M 134M 133M 118M 140M 106M
costOfRevenue 109M 77M 78M 72M 84M 65M
grossProfit 76M 57M 55M 46M 56M 41M
grossProfitRatio 0.412 0.423 0.412 0.390 0.399 0.387
researchAndDevelopmentExpenses 25M 25M 25M 23M 24M 22M
generalAndAdministrativeExpenses 15M 14M 14M 13M 15M 19M
sellingAndMarketingExpenses 59M 54M 53M 52M 53M 53M
sellingGeneralAndAdministrativeExpenses 74M 67M 67M 65M 67M 72M
otherExpenses 0 0 0 0 0 0
operatingExpenses 99M 92M 91M 88M 91M 94M
costAndExpenses 208M 169M 170M 160M 175M 159M
interestIncome 5M 3M 0 0 -680 000 0
interestExpense 0 0 754 000 2M -217 000 -11M
depreciationAndAmortization 6M 6M 6M 6M 7M 9M
ebitda -17M -30M -31M -36M -28M -44M
ebitdaratio -0.094 -0.225 -0.231 -0.310 -0.201 -0.418
operatingIncome -23M -36M -36M -42M -35M -53M
operatingIncomeRatio -0.124 -0.266 -0.273 -0.357 -0.251 -0.504
totalOtherIncomeExpensesNet 5M 3M -754 000 -2M -217 000 -11M
incomeBeforeTax -18M -32M -37M -44M -35M -64M
incomeBeforeTaxRatio -0.097 -0.241 -0.279 -0.378 -0.253 -0.607
incomeTaxExpense 4M 895 000 -2M -1M -7M 430 000
netIncome -22M -33M -36M -43M -28M -65M
netIncomeRatio -0.119 -0.248 -0.267 -0.366 -0.204 -0.612
eps -0.130 -0.200 -0.220 -0.260 -0.180 -0.410
epsdiluted -0.130 -0.200 -0.220 -0.260 -0.180 -0.410
weightedAverageShsOut 166M 165M 164M 163M 161M 159M
weightedAverageShsOutDil 166M 165M 164M 163M 161M 159M
link Link Link Link Link
finalLink Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol GLBE GLBE GLBE GLBE GLBE GLBE
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-11-15 2023-08-08 2023-05-22 2022-12-31 2022-09-30
acceptedDate 2024-03-28 16:06:25 2023-11-15 09:00:12 2023-08-08 09:00:13 2023-05-22 09:00:18 2022-12-30 19:00:00 2022-09-29 20:00:00
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 200M 146M 151M 168M 165M 107M
shortTermInvestments 117M 107M 73M 44M 63M 84M
cashAndShortTermInvestments 317M 253M 224M 212M 228M 191M
netReceivables 139M 84M 84M 74M 95M 82M
inventory 0 0 0 0 0 0
otherCurrentAssets 63M 64M 57M 46M 52M 46M
totalCurrentAssets 519M 401M 365M 332M 375M 319M
propertyPlantEquipmentNet 33M 32M 33M 30M 30M 36M
goodwill 368M -227M -262M 0 0 0
intangibleAssets 78M 678M 718M 0 0 0
goodwillAndIntangibleAssets 446M 451M 456M 461M 466M 453M
longTermInvestments 196M 3M 4M 0 0 0
taxAssets 78M -3M -4M 0 171 000 0
otherNonCurrentAssets -70M 235M 271M 293M 292M 291M
totalNonCurrentAssets 683M 718M 759M 784M 788M 779M
otherAssets 1.000 0 0 0 0 0
totalAssets 1 202M 1 118M 1 124M 1 116M 1 163M 1 099M
accountPayables 162M 33M 31M 34M 52M 34M
shortTermDebt 4M 4M 4M 3M 3M 3M
taxPayables 38M 0 0 0 26M 0
deferredRevenue 11M 0 0 0 9M 0
otherCurrentLiabilities 97M 152M 141M 122M 145M 134M
totalCurrentLiabilities 274M 189M 176M 159M 210M 171M
longTermDebt 19M 18M 19M 16M 17M 17M
deferredRevenueNonCurrent -1.000 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 7M 3M 3M 4M 7M 0
otherNonCurrentLiabilities 1M 1M 1M 2M 2M -19M
totalNonCurrentLiabilities 27M 22M 23M 22M 25M 19M
otherLiabilities 1.000 0 0 0 0 0
capitalLeaseObligations 19M 21M 23M 19M 20M 20M
totalLiabilities 300M 210M 198M 182M 234M 190M
preferredStock 0 0 0 0 -1 251M 0
commonStock 1 360M 1 345M 1 329M 1 303M 1 253M 1 205M
retainedEarnings -457M -435M -402M -366M -323M -295M
accumulatedOtherComprehensiveIncomeLoss -1M -2M -2M -2M -2M -2M
othertotalStockholdersEquity 0 0 0 0 1 251M 0
totalStockholdersEquity 902M 908M 926M 935M 928M 909M
totalEquity 902M 908M 926M 935M 928M 909M
totalLiabilitiesAndStockholdersEquity 1 202M 1 118M 1 124M 1 116M 1 163M 1 099M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 1 202M 1 118M 1 124M 1 116M 1 163M 1 099M
totalInvestments 314M 107M 73M 44M 63M 84M
totalDebt 23M 21M 23M 19M 20M 20M
netDebt -177M -124M -128M -149M -145M -87M
link Link Link Link Link
finalLink Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol GLBE GLBE GLBE GLBE GLBE GLBE
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-11-15 2023-08-08 2023-05-22 2022-12-31 2022-09-30
acceptedDate 2024-03-28 16:06:25 2023-11-15 09:00:12 2023-08-08 09:00:13 2023-05-22 09:00:18 2022-12-30 19:00:00 2022-09-29 20:00:00
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome -22M -33M -36M -43M -28M -65M
depreciationAndAmortization 6M 6M 6M 6M 7M 9M
deferredIncomeTax -28M 2M -210 000 0 -8M 0
stockBasedCompensation 12M 12M 11M 10M 9M 9M
changeInWorkingCapital 61M 3M -764 000 -486 000 74M 43M
accountsReceivables -23M 644 000 -2M 4M -5M 3M
inventory 0 364 000 6M 0 0 0
accountsPayables 18M 2M -3M -18M 18M -3M
otherWorkingCapital 66M 216 000 -2M 14M 60M 44M
otherNonCashItems 61M 38M 37M -1M 8M -722 000
netCashProvidedByOperatingActivities 90M 27M 18M -30M 61M -4M
investmentsInPropertyPlantAndEquipment -890 602 -328 000 -145 000 -342 000 -370 000 -1M
acquisitionsNet 0 35M 29M 0 -8M -93M
purchasesOfInvestments -42M -87M -38M -10M 22M -61M
salesMaturitiesOfInvestments 33M 52M 9M 30M 22M 28M
otherInvestingActivites -1.000 -35M -29M 0 -22M 0
netCashUsedForInvestingActivites -10M -35M -29M 20M 14M -127M
debtRepayment 0 -1M -1M 0 0 0
commonStockIssued 229 212 819 178 763 746 0 0 0
commonStockRepurchased 0 0 0 0 0 0
dividendsPaid 0 0 0 0 0 0
otherFinancingActivites 244 000 1M 1M 0 142 000 566 000
netCashUsedProvidedByFinancingActivities 229 212 860 000 778 000 109 000 142 000 566 000
effectOfForexChangesOnCash 3M -2M 156 000 584 000 0 0
netChangeInCash 54M -9M -10M -9M 75M -131M
cashAtEndOfPeriod 200M 183M 192M 202M 212M 137M
cashAtBeginningOfPeriod 146M 192M 202M 212M 137M 268M
operatingCashFlow 90M 27M 18M -30M 61M -4M
capitalExpenditure -890 602 -328 000 -145 000 -342 000 -370 000 -1M
freeCashFlow 89M 26M 18M -30M 60M -6M
link Link Link Link Link
finalLink Link Link Link Link

Earning call transcript

2023 q4
2024-02-21 ET (fiscal 2023 q4)
2023 q3
2023-11-15 ET (fiscal 2023 q3)
2023 q2
2023-08-08 ET (fiscal 2023 q2)
2023 q1
2023-05-22 ET (fiscal 2023 q1)
2022 q4
2023-02-22 ET (fiscal 2022 q4)
2022 q3
2022-11-16 ET (fiscal 2022 q3)
2022 q2
2022-08-16 ET (fiscal 2022 q2)
2022 q1
2022-05-16 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-02-21 12:00 ET
Global-E Reports Fourth Quarter and Full Year 2023 Results
2024-02-20 14:00 ET
Wix Partners with Global-e to Empower Online Merchants to Expand Their Global Reach and Seamlessly Sell Internationally
2024-02-07 21:10 ET
Global-e to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 21, 2024
2024-02-05 13:00 ET
Global-e Appoints Three Senior Executives - CEO Europe, Chief Technology Officer and Chief Innovation Officer
2023-12-01 13:00 ET
Global-e saw a 53% YoY uplift in Black Friday-Cyber Monday weekend cross-border e-commerce sales
2023-11-29 13:50 ET
Global-e Announces Appointment of Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, to its Board of Directors
2023-11-15 12:00 ET
Global-e Reports Third Quarter 2023 Results
2023-11-03 12:00 ET
Global-e to Announce Financial Results for the Third Quarter 2023 on November 15, 2023
2023-08-08 11:00 ET
Global-e Reports Second Quarter 2023 Results
2023-07-25 20:05 ET
Global-e to Announce Financial Results for the Second Quarter 2023 on August 8, 2023
2023-05-22 11:00 ET
Global-e Reports First Quarter 2023 Results
2023-05-08 20:10 ET
Global-e to Announce Financial Results for the First Quarter 2023 on May 22, 2023
2023-03-31 20:34 ET
Global-e Announces Filing of Form 20-F for the Fiscal Year Ended December 31, 2022
2023-02-22 12:00 ET
Global-e Reports Fourth Quarter and Full Year 2022 Results
2023-02-21 13:00 ET
CORRECTION - Global-e to Announce Financial Results for the Fourth Quarter and Year End 2022 on February 22, 2023
2023-02-08 21:07 ET
Global-e to Announce Financial Results for the Fourth Quarter and Year End 2022 on February 22, 2023
2022-11-22 13:00 ET
Millennials & Gen-Z Report Social Media as Top Channel for Discovering International Brands - Global-e Survey Finds
2022-11-16 21:05 ET
Global-e Reports Third Quarter 2022 Results
2022-11-03 20:10 ET
Global-e to Announce Financial Results for the Third Quarter 2022 on November 16, 2022
2022-08-16 11:00 ET
Global-e Reports Second Quarter 2022 Results
2022-07-25 20:05 ET
Global-e to Announce Financial Results for the Second Quarter 2022 on August 16, 2022
2022-07-01 13:55 ET
Global-e Announces Closing of Acquisition of Borderfree Cross-Border ecommerce Service from Pitney Bowes
2022-06-21 10:30 ET
Global-e to Acquire Borderfree Cross-Border ecommerce Service from Pitney Bowes
2022-05-16 20:05 ET
Global-e Reports First Quarter 2022 Results
2022-05-02 20:10 ET
Global-e to Announce Financial Results for the First Quarter 2022 on May 16, 2022
2022-04-27 11:00 ET
Klarna and Global-e expand global partnership to Canada
2022-02-16 21:05 ET
Global-e Reports Record Fourth Quarter and Full Year 2021 Results
2022-02-03 13:00 ET
Global-e to Announce Financial Results for the Fourth Quarter and Year End 2021 on February 16, 2022
2022-01-04 21:10 ET
Global-e Announces Closing of Acquisition of Flow Commerce and Expansion of its Leadership Team
2021-11-24 13:32 ET
Global-e to Acquire SMB Cross-Border E-Commerce Provider Flow Commerce
2021-11-09 21:06 ET
Exhibit 99.1 Global-E Reports Record Third Quarter 2021 Results
2021-11-03 11:00 ET
Global-e joins with Australia Post to accelerate Australian merchants' international e-commerce sales
2021-11-01 20:32 ET
Global-e to Announce Financial Results for the Third Quarter 2021
2021-09-15 11:00 ET
Global-e Announces Closing of Secondary Offering of Shares
2021-09-10 11:00 ET
Global-e Announces Pricing of Secondary Offering of Shares
2021-09-07 20:35 ET
Global-e Announces Launch of Secondary Offering of Shares
2021-08-31 11:00 ET
Klarna and Global-e expand international partnership across US, UK, France, Spain, Italy and Australia
2021-08-16 20:05 ET
Global-E Reports Second Quarter 2021 Results
2021-08-04 11:00 ET
Global-e to Announce Financial Results for the Second Quarter 2021 on Monday, August 16, 2021
2021-06-03 11:00 ET
Global-E Reports First Quarter 2021 Results
2021-05-26 20:10 ET
Global-e Announces Exercise in Full of the Underwriters’ Option to Purchase Additional Shares
2021-05-12 11:00 ET
Global-e Announces Pricing of Initial Public Offering

SEC forms

Show financial reports only

SEC form 6
2024-05-10 09:00 ET
Global-e Online Ltd. published news for 2024 q1
SEC form 6
2024-05-10 09:00 ET
Global-e Online Ltd. published news for 2024 q1
SEC form 6
2024-05-10 09:00 ET
Global-e Online Ltd. published news for 2024 q1
SEC form 6
2024-02-21 09:00 ET
Global-e Online Ltd. published news for 2023 q4
SEC form 6
2024-02-21 09:00 ET
Global-e Online Ltd. reported for 2023 q4
SEC form 6
2023-11-15 09:00 ET
Global-e Online Ltd. reported for 2023 q3
SEC form 6
2023-08-08 09:00 ET
Global-e Online Ltd. reported for 2023 q2
SEC form 6
2023-06-21 09:00 ET
Global-e Online Ltd. published news for 2023 q1
SEC form 6
2023-05-22 09:00 ET
Global-e Online Ltd. reported for 2023 q1
SEC form 6
2023-05-12 16:05 ET
Global-e Online Ltd. published news for 2023 q1
SEC form 6
2023-03-31 16:06 ET
Global-e Online Ltd. reported for 2022 q4
SEC form 6
2023-02-22 09:15 ET
Global-e Online Ltd. reported for 2022 q4
SEC form 6
2022-11-17 08:30 ET
Global-e Online Ltd. published news for 2022 q3
SEC form 6
2022-08-16 07:30 ET
Global-e Online Ltd. published news for 2022 q2
SEC form 6
2022-07-01 16:05 ET
Global-e Online Ltd. published news for 2022 q2
SEC form 6
2022-06-22 16:05 ET
Global-e Online Ltd. published news for 2022 q1
SEC form 6
2022-06-21 08:46 ET
Global-e Online Ltd. published news for 2022 q1
SEC form 6
2022-05-17 16:05 ET
Global-e Online Ltd. published news for 2022 q1
SEC form 6
2022-05-16 16:59 ET
Global-e Online Ltd. published news for 2022 q1
SEC form 6
2022-04-28 16:07 ET
Global-e Online Ltd. published news for 2022 q1
SEC form 6
2022-03-28 16:46 ET
Global-e Online Ltd. published news for 2021 q4
SEC form 6
2022-02-16 16:45 ET
Global-e Online Ltd. published news for 2021 q4
SEC form 6
2022-01-05 06:17 ET
Global-e Online Ltd. published news for 2021 q4
SEC form 6
2021-11-24 13:30 ET
Global-e Online Ltd. published news for 2021 q3
SEC form 6
2021-11-09 16:15 ET
Global-e Online Ltd. published news for 2021 q3
SEC form 6
2021-11-03 17:03 ET
Global-e Online Ltd. published news for 2021 q3
SEC form 6
2021-08-16 16:25 ET
Global-e Online Ltd. published news for 2021 q2
SEC form 6
2021-07-01 16:03 ET
Global-e Online Ltd. published news for 2021 q2
SEC form 6
2021-06-03 07:54 ET
Global-e Online Ltd. published news for 2021 q1
SEC form 6
2021-06-01 08:55 ET
Global-e Online Ltd. published news for 2021 q1