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Global E Online (Global E Online) Gross Profit : $233.6 Mil (TTM As of Dec. 2023)


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What is Global E Online Gross Profit?

Global E Online's gross profit for the three months ended in Dec. 2023 was $76.3 Mil. Global E Online's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $233.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Global E Online's gross profit for the three months ended in Dec. 2023 was $76.3 Mil. Global E Online's Revenue for the three months ended in Dec. 2023 was $185.4 Mil. Therefore, Global E Online's Gross Margin % for the quarter that ended in Dec. 2023 was 41.17%.

Global E Online had a gross margin of 41.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Global E Online was 40.99%. The lowest was 22.23%. And the median was 34.58%.


Global E Online Gross Profit Historical Data

The historical data trend for Global E Online's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global E Online Gross Profit Chart

Global E Online Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 18.66 43.47 91.43 158.18 233.60

Global E Online Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.84 45.88 54.89 56.52 76.32

Competitive Comparison of Global E Online's Gross Profit

For the Internet Retail subindustry, Global E Online's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global E Online's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Global E Online's Gross Profit distribution charts can be found below:

* The bar in red indicates where Global E Online's Gross Profit falls into.



Global E Online Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Global E Online's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=569.946 - 336.343
=233.6

Global E Online's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=185.401 - 109.08
=76.3

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $233.6 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Global E Online's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=76.3 / 185.401
=41.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Global E Online  (NAS:GLBE) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Global E Online had a gross margin of 41.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Global E Online Gross Profit Related Terms

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Global E Online (Global E Online) Business Description

Traded in Other Exchanges
Address
9 HaPsagot Street, Petah Tikva, ISR, 4951041
Global E Online Ltd provides e-commerce solutions. It offers a platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and, anywhere in the world. It localizes the shopper experience in an effort to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce.