Global-E Online’s Q3 GAAP EPS of -$0.19 beats by $0.11

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GLOBAL-E ($NASDAQ:GLBE): Global-E Online Inc (NASDAQ: GEON) reported a third-quarter GAAP loss of $0.19 per share, which beat the analyst consensus estimate by $0.11. Revenue came in at $195.6 million, beating the consensus estimate of $94.67 million. This was the first earnings report for Global-E Online since the company went public in August.

Global-E Online is a provider of cross-border e-commerce solutions. The company’s strong results were driven by robust growth in its core business.

Earnings

Global-E Online‘s Q3 GAAP EPS of -$0.19 beats by $0.11. In the report of FY2022 Q2 as of June 30, Global-E Online earned 305.5M USD in total revenue and lost 153.3M USD in net income. Compared to the previous year, there was a 24.5% increase in total revenue. Global-E Online’s total revenue reached from 136.4M USD to 305.5M USD in the last 3 years.

Price History

At the time of writing, media exposure to the company is mostly mixed.

VI Analysis

Companies with strong fundamentals are generally considered to be good long-term investments. This is because their financials reflect their underlying business strengths and growth potential. Global-E Online is a company with strong fundamentals. Its financials reflect its strong business performance and growth potential. The company has a low risk rating from VI, indicating that it is a low risk investment from both a financial and business perspective.

Registering on VI app is a good way to get an overview of a company’s business and financial risks. From there, you can make an informed decision about whether or not to invest in the company.

VI Peers

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.

– Shinsegae International Co Ltd ($KOSE:031430)

As of 2022, Shinsegae International Co Ltd has a market capitalization of 901.42 billion dollars and a return on equity of 58.75%. The company is involved in a variety of businesses, including retail, department stores, food and beverages, and more. It is one of the largest companies in South Korea and is headquartered in Seoul.

– PChome Online Inc ($TPEX:8044)

PChome Online Inc is a Taiwan-based company principally engaged in the provision of online services. The Company operates its business through three segments. Its first segment is the operation of PChome Online, an online platform in Taiwan. PChome Online’s main businesses include online marketplace, which offers products in categories, including consumer electronics, books, digital content, fashion and beauty, home and living, food and beverage, and others; online shopping mall, which offers products in categories, including 3C products, home appliances, books, fashion and beauty, furniture, food and beverage, mother and baby care products, digital content and others; and payment and logistics services. Its second segment is the operation of e-commerce platforms outside Taiwan, which is engaged in the operation of e-commerce platforms in Hong Kong and the United States. Its third segment is the provision of software development services.

– Allegro.EU SA ($LTS:0A5O)

Allegro.EU SA is a Polish e-commerce company with a market cap of 26.95B as of 2022. The company has a Return on Equity of 7.15%. Allegro.EU SA operates an online marketplace in Poland, which offers a wide range of products in categories including books, media, electronics, and fashion.

Summary

Global-E Online is a publicly traded company that provides e-commerce solutions for businesses of all sizes. The company offers a suite of tools and services that allow businesses to manage their online presence, including website design and development, online marketing, and order management. Global-E Online has a strong track record of helping businesses grow their online sales. In addition, the company has a proven business model with a recurring revenue stream.