Global-e Online Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Global-e Online Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 39% to $569,946,000. The net income raised on -$133,805,000 and profit margin reached -23%. Total operating expenses were $370,662,000.

Profit Margin

Global-e Online Ltd. (NASDAQ:GLBE): Profit margin
2018 38.64M -11.59M -30%
2019 65.85M -7.54M -11.46%
2020 136.37M 3.91M 2.87%
2021 245.27M -74.93M -30.55%
2022 409.04M -195.40M -47.77%
2023 569.94M -133.80M -23.48%

GLBE Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
569.94M409.04M245.27M136.37M65.85M38.64M
Cost of revenue
336.34M250.87M153.84M92.90M47.18M30.05M
Gross profit
233.60M158.17M91.43M43.47M18.66M8.59M
Operating exp.
Research and development
97.56M81.20M29.76M15.4M12.03M9.54M
Selling and marketing
217.03M206.1M104.68M9.83M4.59M3.66M
Total operating expenses
370.66M347.50M157.09M35.06M23.61M18.96M
Operating income
-137.05M-189.32M-65.65M8.41M-4.95M-10.37M
Other income (expenses), net
5.26M-12.09M-8.57M-4.33M-2.55M-1.16M
Income before tax
-131.79M-201.41M-74.22M4.07M-7.51M-11.54M
Income tax expense
2.00M-6.01M705K160K34K50K
Net income
-133.80M-195.40M-74.93M3.91M-7.54M-11.59M
Earnings per share
Basic EPS
-0.81-1.24-0.740.19-230.3-0.09
Diluted EPS
-0.81-1.24-0.740.14-230.3-0.09
Data sourceData sourceData source