GLOBAL-E ONLINE ($NASDAQ:GLBE) announced total revenue of USD 133.3 million for the second quarter of FY2023, ended June 30 2023, which marks a 52.7% increase from the prior year. Net income for the quarter was USD -35.5 million, demonstrating an improvement from the previous year’s -48.8 million.
GoodWhale has conducted an in-depth analysis of GLOBAL-E ONLINE‘s wellbeing. The results show that the company is a medium risk investment in terms of financial and business aspects. GoodWhale has also detected one risk warning in GLOBAL-E ONLINE’s cashflow statement. This warning indicates that the company may be vulnerable in certain areas. To find out more about this risk warning, users can register with GoodWhale to gain access to detailed information about the company’s risk profile. More…
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About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Global-e Online. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
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Cash Flow Supplement
Balance Sheet Snapshot
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Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Global-e Online are shown below. More…
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The competition between Global E Online Ltd and its competitors is fierce. Each company is trying to gain market share and increase profits. Global E Online Ltd has a strong presence in the online market, but its competitors are also very active.
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GLOBAL-E ONLINE reported impressive total revenue of USD 133.3 million for the second quarter of FY2023, a 52.7% increase year over year. Although net income was in the red at USD -35.5 million compared to -48.8 million in the prior year, investors may be encouraged by the improvement and be optimistic about future performance. For investors looking for a potential short-term opportunity, GLOBAL-E ONLINE’s stock price dropped the same day as the report release, providing an opportunity to potentially enter a position at a more attractive price. Longer term, investors may consider GLOBAL-E ONLINE’s outlook for sustained growth and profitability in the future.