Description

Global-e Online Ltd.: Expanding Merchant Base and Launch Plans! 

In the Q1 2024 earnings, Global-E Online Ltd reaffirmed its strong growth trajectory and bullish outlook for the rest of the year. For Q1, the company reported growth in gross merchandise volume (GMV), revenues, and adjusted EBITDA, surpassing the forecasted range for the quarter. GMV grew 32% YoY, revenues grew 24%, and adjusted EBITDA grew 47%. The positive result reflects the company’s successful execution across all business elements, cost-control effectiveness, and more favourable macro conditions than initially anticipated. The company is confident in maintaining its year-long plans, as reflected in the updated guidance for 2024.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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