Description

Global-e Online Ltd: Is Its Future Outlook Promising Enough To Warrant A Bullish Rating?

Global-e Online Ltd. announced its fourth quarter and full year 2023 financial results and we would term the outcome as largely optimistic, yet grounded in the challenging macroeconomic conditions of the past year. The company concluded 2023 strongly, with the fourth quarter being its most successful to date. It saw a milestone of over $1 billion of GMV achieved in a single quarter, ending Q4 with $1.19 billion in GMV – a year-on-year increase of 42%. Meanwhile, record revenues exceeded $185 million, reflecting a 33% rise year-on-year. The adjusted gross profit margin for Q4 was 42.7%, which represents an increase of 140 basis points from Q4 of the previous year. This fruitful quarter generated $93.5 million in operational cash flows for the business.

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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