Global-e Online Ltd (GLBE, Financial) anticipates reporting adjusted EBITDA in the range of $179 million to $199 million. This financial outlook reflects the company's strategic focus on enhancing operational efficiency and financial performance. Investors are encouraged to consider this guidance as part of their assessment of the company's future potential.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Global E Online Ltd (GLBE, Financial) is $49.80 with a high estimate of $66.00 and a low estimate of $37.00. The average target implies an upside of 17.48% from the current price of $42.39. More detailed estimate data can be found on the Global E Online Ltd (GLBE) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Global E Online Ltd's (GLBE, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Global E Online Ltd (GLBE, Financial) in one year is $69.89, suggesting a upside of 64.87% from the current price of $42.39. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Global E Online Ltd (GLBE) Summary page.
GLBE Key Business Developments
Release Date: February 19, 2025
- Q4 Revenue: $263 million, up 42% year-on-year.
- Q4 GMV: $1.71 billion, up 44% year-on-year.
- Q4 Adjusted Gross Profit Margin: Nearly 46%, up 330 basis points from last year.
- Q4 Adjusted EBITDA Margin: 21.7%, representing $57.1 million, up 62% year-on-year.
- Q4 Operational Cash Flow: Nearly $130 million.
- Full Year 2024 Revenue: Almost $753 million.
- Full Year 2024 GMV: Close to $4.86 billion.
- Full Year 2024 Adjusted Gross Profit: Nearly $350 million.
- Full Year 2024 Adjusted EBITDA: Approximately $141 million.
- Full Year 2024 Net Operating Cash Flows: Nearly $170 million.
- Cash and Cash Equivalents at End of 2024: $474 million.
- Q4 GAAP Profitability: Achieved for the first time since IPO.
- 2025 Revenue Guidance: $917 million to $967 million.
- 2025 GMV Guidance: $6.19 billion to $6.49 billion.
- 2025 Adjusted EBITDA Guidance: $179 million to $199 million.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Global E Online Ltd (GLBE, Financial) achieved record-breaking financial results in 2024, with Q4 GMV reaching $1.71 billion, a 44% increase year-over-year.
- The company reported a significant increase in adjusted EBITDA margin, crossing the 20% mark for the first time, reaching 21.7% in Q4.
- GLBE achieved GAAP profitability for the first time since its IPO, marking a major milestone.
- The company expanded its total addressable market by increasing its global footprint from 9 to 39 outbound markets and launching new offerings.
- GLBE continues to innovate with AI-driven solutions, such as a customer service chatbot and AI-assisted localization tools, enhancing operational efficiency and customer experience.
Negative Points
- The company anticipates a deceleration in revenue growth due to expected impacts from tariffs and a shift towards multi-local strategies by merchants.
- The take rate is expected to decline in 2025, driven by large merchants adopting multi-local strategies to manage cross-border tariffs.
- GLBE experienced a negative impact on its GDR and NDR rates due to the bankruptcy of Ted Baker and some Borderfree merchants not replatforming.
- The company faces challenges in maintaining high net revenue retention rates as it scales, with expectations for slightly lower retention in 2025.
- The suspension of the de minimis exception rule in the US could add complexity and impact volumes, although it may also drive more merchants to the platform.
