Global-E Online (GLBE) Financials

$31.68 +0.10 (+0.32%)

As of 02:09 PM Eastern

Annual Income Statements for Global-E Online

This table shows Global-E Online's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	-76	-134	-195	-75	0.73	-7.54
Consolidated Net Income / (Loss)	-76	-134	-195	-75	3.91	-7.54
Net Income / (Loss) Continuing Operations	-76	-134	-195	-75	3.91	-7.54
Total Pre-Tax Income	-79	-132	-201	-74	4.07	-7.51
Total Operating Income	-68	-137	-189	-66	8.41	-4.95
Total Gross Profit	339	234	158	91	43	19
Total Revenue	753	570	409	245	136	66
Operating Revenue	753	570	409	245	136	66
Total Cost of Revenue	413	336	251	154	93	47
Operating Cost of Revenue	413	336	251	154	93	47
Total Operating Expenses	407	371	348	157	35	24
Selling, General & Admin Expense	51	56	60	23	9.82	6.99
Marketing Expense	251	217	206	105	9.84	4.59
Research & Development Expense	105	98	81	30	15	12
Total Other Income / (Expense), net	-11	5.26	-12	-8.57	-4.34	-2.56
Income Tax Expense	-3.85	2.01	-6.01	0.71	0.16	0.03
Basic Earnings per Share	($0.45)	($0.81)	($1.24)	($0.74)	$0.03	($0.38)
Weighted Average Basic Shares Outstanding	167.32M	164.35M	157.69M	101.74M	21.12M	19.65M
Diluted Earnings per Share	($0.45)	($0.81)	($1.24)	($0.74)	$0.03	($0.38)
Weighted Average Diluted Shares Outstanding	167.32M	164.35M	157.69M	101.74M	28.64M	19.65M
Weighted Average Basic & Diluted Shares Outstanding	169.13M	165.77M	161.32M	150.46M	-	-

No quarterly income statements for Global-E Online are available.

This table details how cash moves in and out of Global-E Online's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	63	57	-247	374	65	6.72
Net Cash From Operating Activities	169	108	89	18	29	7.03
Net Cash From Continuing Operating Activities	169	108	89	18	29	7.03
Net Income / (Loss) Continuing Operations	-76	-134	-195	-75	3.91	-7.54
Consolidated Net Income / (Loss)	-76	-134	-195	-75	3.91	-7.54
Depreciation Expense	2.13	1.79	1.59	0.33	0.24	0.17
Amortization Expense	167	171	177	84	0.00	0.00
Non-Cash Adjustments To Reconcile Net Income	55	68	84	16	-5.11	11
Changes in Operating Assets and Liabilities, net	21	1.70	23	-7.24	30	3.59
Net Cash From Investing Activities	-105	-55	-330	-40	-24	-0.45
Net Cash From Continuing Investing Activities	-105	-55	-330	-40	-24	-0.45
Purchase of Property, Plant & Equipment	-2.34	-1.74	-8.35	-2.88	-0.46	-0.26
Acquisitions	0.00	0.00	-317	0.00	0.00	-
Purchase of Investments	-288	-179	-87	-120	-24	-0.19
Sale and/or Maturity of Investments	186	126	83	82	0.00	0.00
Net Cash From Financing Activities	3.28	1.99	1.24	399	59	0.15
Net Cash From Continuing Financing Activities	3.28	1.99	1.24	399	59	0.15
Issuance of Preferred Equity	0.00	0.00	0.00	0.00	59	0.00
Issuance of Common Equity	0.00	0.00	0.00	396	0.00	0.00
Other Financing Activities, net	3.28	1.99	1.24	2.11	0.54	0.15
Effect of Exchange Rate Changes	-4.47	1.90	-7.84	-2.40	-	-
Cash Income Taxes Paid	2.60	0.73	0.25	0.01	0.07	0.07

No quarterly cash flow statements for Global-E Online are available.

This table presents Global-E Online's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	1,263	1,202	1,163	846	161
Total Current Assets	723	520	375	622	153
Cash & Equivalents	255	200	165	449	69
Restricted Cash	123	111	78	58	34
Short-Term Investments	36	20	17	18	17
Accounts Receivable	41	28	16	9.19	3.59
Prepaid Expenses	85	64	52	47	23
Other Current Assets	183	97	46	42	6.46
Plant, Property, & Equipment, net	10	10	10	3.27	0.72
Total Noncurrent Assets	530	672	778	220	7.48
Long-Term Investments	1.08	0.00	-	-	-
Goodwill	368	368	368	0.00	-
Intangible Assets	59	78	98	-	-
Noncurrent Deferred & Refundable Income Taxes	0.00	0.00	0.17	0.00	-
Other Noncurrent Operating Assets	102	226	311	220	7.48
Total Liabilities & Shareholders' Equity	1,263	1,202	1,163	846	161
Total Liabilities	370	300	234	150	93
Total Current Liabilities	348	274	210	132	84
Accounts Payable	80	51	52	24	19
Accrued Expenses	142	107	76	47	29
Other Current Liabilities	127	115	81	60	35
Total Noncurrent Liabilities	22	27	25	19	9.36
Long-Term Debt	1.10	1.07	1.76	0.00	-
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	6.51	6.56	0.00	0.11
Other Noncurrent Operating Liabilities	21	19	17	19	9.25
Total Equity & Noncontrolling Interests	893	902	928	696	-45
Total Preferred & Common Equity	893	902	928	696	-45
Total Common Equity	893	902	928	696	-45
Common Stock	1,425	1,360	1,253	824	8.09
Retained Earnings	-532	-457	-323	-128	-53
Accumulated Other Comprehensive Income / (Loss)	0.52	-1.42	-1.93	-0.16	0.11

No quarterly balance sheets for Global-E Online are available.

This table displays calculated financial ratios and metrics derived from Global-E Online's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	32.08%	39.33%	66.77%	79.85%	107.09%	0.00%
EBITDA Growth	185.31%	427.97%	-157.24%	119.37%	280.92%	0.00%
EBIT Growth	50.44%	27.61%	-188.35%	-880.44%	269.93%	0.00%
NOPAT Growth	50.44%	27.61%	-188.35%	-668.64%	333.22%	0.00%
Net Income Growth	43.54%	31.52%	-160.77%	-2,014.49%	151.88%	0.00%
EPS Growth	44.44%	34.68%	-67.57%	-2,566.67%	107.89%	0.00%
Operating Cash Flow Growth	56.52%	21.15%	392.14%	-38.16%	317.62%	0.00%
Free Cash Flow Firm Growth	1,579.43%	100.42%	-134.77%	-547.95%	0.00%	0.00%
Invested Capital Growth	-16.07%	-14.72%	291.70%	429.17%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	45.09%	40.99%	38.67%	37.28%	31.88%	28.34%
EBITDA Margin	13.50%	6.25%	-2.65%	7.73%	6.34%	-7.26%
Operating Margin	-9.02%	-24.05%	-46.28%	-26.77%	6.17%	-7.52%
EBIT Margin	-9.02%	-24.05%	-46.28%	-26.77%	6.17%	-7.52%
Profit (Net Income) Margin	-10.04%	-23.48%	-47.77%	-30.55%	2.87%	-11.46%
Tax Burden Percent	95.16%	101.52%	97.02%	100.95%	96.07%	100.45%
Interest Burden Percent	116.88%	96.16%	106.39%	113.05%	48.43%	151.69%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	3.93%	0.00%
Return on Invested Capital (ROIC)	-9.05%	-15.46%	-31.52%	-77.20%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.53%	-2.60%	-15.46%	-68.21%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.63%	0.84%	7.45%	57.58%	0.00%	0.00%
Return on Equity (ROE)	-8.42%	-14.62%	-24.07%	-19.62%	5.75%	0.00%
Cash Return on Invested Capital (CROIC)	8.43%	0.42%	-150.17%	-157.25%	0.00%	0.00%
Operating Return on Assets (OROA)	-5.51%	-11.59%	-18.85%	-13.03%	5.22%	0.00%
Return on Assets (ROA)	-6.13%	-11.32%	-19.46%	-14.88%	2.43%	0.00%
Return on Common Equity (ROCE)	-8.42%	-14.62%	-24.07%	-16.73%	-3.76%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-8.46%	-14.83%	-21.05%	-10.77%	-8.79%	0.00%
Net Operating Profit after Tax (NOPAT)	-48	-96	-133	-46	8.08	-3.47
NOPAT Margin	-6.32%	-16.83%	-32.40%	-18.74%	5.93%	-5.26%
Net Nonoperating Expense Percent (NNEP)	-7.52%	-12.86%	-16.06%	-8.99%	-6.95%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-5.32%	-10.62%	-14.25%	-	-	-
Cost of Revenue to Revenue	54.91%	59.01%	61.33%	62.72%	68.12%	71.66%
SG&A Expenses to Revenue	6.80%	9.84%	14.72%	9.23%	7.20%	10.61%
R&D to Revenue	14.01%	17.12%	19.85%	12.13%	11.29%	18.27%
Operating Expenses to Revenue	54.12%	65.03%	84.95%	64.05%	25.71%	35.86%
Earnings before Interest and Taxes (EBIT)	-68	-137	-189	-66	8.41	-4.95
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	102	36	-11	19	8.65	-4.78
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	10.12	7.09	3.35	1.37	0.00	0.00
Price to Tangible Book Value (P/TBV)	19.37	14.01	6.72	1.37	0.00	0.00
Price to Revenue (P/Rev)	12.01	11.22	7.59	3.88	2.75	5.69
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	517.24	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.19%	0.00%
Enterprise Value to Invested Capital (EV/IC)	17.99	10.61	4.25	2.49	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	11.46	10.64	6.96	1.74	2.70	0.00
Enterprise Value to EBITDA (EV/EBITDA)	84.89	170.22	0.00	22.46	42.50	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	43.69	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	45.47	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	50.92	56.02	31.87	23.48	12.52	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	194.79	2,299.21	0.00	0.00	6.12	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.41	-0.32	-0.48	-0.84	-1.76	0.00
Leverage Ratio	1.37	1.29	1.24	1.32	2.37	0.00
Compound Leverage Factor	1.61	1.24	1.32	1.49	1.15	0.00
Debt to Total Capital	0.12%	0.12%	0.19%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.12%	0.12%	0.19%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	165.41%	0.00%
Common Equity to Total Capital	99.88%	99.88%	99.81%	100.00%	-65.41%	0.00%
Debt to EBITDA	0.01	0.03	-0.16	0.00	0.00	0.00
Net Debt to EBITDA	-4.07	-9.28	23.78	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.01	0.03	-0.16	0.00	0.00	0.00
Debt to NOPAT	-0.02	-0.01	-0.01	0.00	0.00	0.00
Net Debt to NOPAT	8.71	3.45	1.95	0.00	0.00	0.00
Long-Term Debt to NOPAT	-0.02	-0.01	-0.01	0.00	0.00	0.00
Altman Z-Score	14.84	12.58	7.54	4.31	3.49	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	14.74%	165.41%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	2.08	1.90	1.79	4.73	1.82	0.00
Quick Ratio	0.95	0.91	0.95	3.62	1.06	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	44	2.64	-631	-269	60	0.00
Operating Cash Flow to CapEx	7,254.52%	6,216.08%	1,069.54%	629.59%	6,436.40%	2,662.12%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.61	0.48	0.41	0.49	0.85	0.00
Accounts Receivable Turnover	21.82	25.75	31.95	38.39	37.95	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	72.82	55.55	60.37	123.07	190.20	0.00
Accounts Payable Turnover	6.33	6.52	6.58	7.14	4.88	0.00
Days Sales Outstanding (DSO)	16.73	14.17	11.43	9.51	9.62	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	57.62	55.98	55.49	51.15	74.87	0.00
Cash Conversion Cycle (CCC)	-40.89	-41.80	-44.07	-41.65	-65.25	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	480	571	670	171	-52	0.00
Invested Capital Turnover	1.43	0.92	0.97	4.12	-5.25	0.00
Increase / (Decrease) in Invested Capital	-92	-99	499	223	-52	0.00
Enterprise Value (EV)	8,626	6,062	2,847	426	368	0.00
Market Capitalization	9,040	6,393	3,105	951	375	375
Book Value per Share	$5.39	$5.59	$6.17	$6.84	($2.11)	$0.00
Tangible Book Value per Share	$2.82	$2.83	$3.07	$6.84	($2.11)	$0.00
Total Capital	895	903	930	696	68	0.00
Total Debt	1.10	1.07	1.76	0.00	0.00	0.00
Total Long-Term Debt	1.10	1.07	1.76	0.00	0.00	0.00
Net Debt	-414	-331	-258	-525	-120	0.00
Capital Expenditures (CapEx)	2.34	1.74	8.35	2.88	0.46	0.26
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-39	-85	-95	-34	-51	0.00
Debt-free Net Working Capital (DFNWC)	375	247	165	491	69	0.00
Net Working Capital (NWC)	375	247	165	491	69	0.00
Net Nonoperating Expense (NNE)	28	38	63	29	4.17	4.08
Net Nonoperating Obligations (NNO)	-414	-331	-258	-525	-120	0.00
Total Depreciation and Amortization (D&A)	170	173	178	85	0.24	0.17
Debt-free, Cash-free Net Working Capital to Revenue	-5.21%	-14.87%	-23.20%	-13.80%	-37.25%	0.00%
Debt-free Net Working Capital to Revenue	49.79%	43.33%	40.36%	200.14%	50.74%	0.00%
Net Working Capital to Revenue	49.79%	43.33%	40.36%	200.14%	50.74%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.45)	($0.81)	($1.24)	($0.74)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	167.32M	164.35M	157.69M	101.74M	0.00	0.00
Adjusted Diluted Earnings per Share	($0.45)	($0.81)	($1.24)	($0.74)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	167.32M	164.35M	157.69M	101.74M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	169.13M	165.77M	161.32M	150.46M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-48	-96	-133	-46	8.08	-3.47
Normalized NOPAT Margin	-6.32%	-16.83%	-32.40%	-18.74%	5.93%	-5.26%
Pre Tax Income Margin	-10.55%	-23.12%	-49.24%	-30.26%	2.99%	-11.40%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Global-E Online are available.

Frequently Asked Questions About Global-E Online's Financials

When does Global-E Online's financial year end?

According to the most recent income statement we have on file, Global-E Online's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Global-E Online's net income changed over the last 5 years?

Global-E Online's net income appears to be on an upward trend, with a most recent value of -$75.55 million in 2024, rising from -$7.54 million in 2019. The previous period was -$133.81 million in 2023. See where experts think Global-E Online is headed by visiting Global-E Online's forecast page.

What is Global-E Online's operating income?

Global-E Online's total operating income in 2024 was -$67.93 million, based on the following breakdown:

Total Gross Profit: $339.43 million
Total Operating Expenses: $407.36 million

How has Global-E Online revenue changed over the last 5 years?

Over the last 5 years, Global-E Online's total revenue changed from $65.85 million in 2019 to $752.76 million in 2024, a change of 1,043.1%.

How much debt does Global-E Online have?

Global-E Online's total liabilities were at $370.05 million at the end of 2024, a 23.2% increase from 2023, and a 296.8% increase since 2020.

How much cash does Global-E Online have?

In the past 4 years, Global-E Online's cash and equivalents has ranged from $68.64 million in 2020 to $448.62 million in 2021, and is currently $254.62 million as of their latest financial filing in 2024.

How has Global-E Online's book value per share changed over the last 5 years?

Over the last 5 years, Global-E Online's book value per share changed from 0.00 in 2019 to 5.39 in 2024, a change of 539.0%.

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This page (NASDAQ:GLBE) was last updated on 5/27/2025 by MarketBeat.com Staff

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Global-E Online (GLBE) Financials

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Global-E Online (GLBE) Financials

Annual Income Statements for Global-E Online

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