Global-e Online Ltd. reported its financial results for the fourth quarter and full year ended December 31, 2024, on February 19, 2025. The fourth quarter was the company's strongest quarter ever, contributing to a record-breaking year.
For the first time as a public company, Global-e achieved GAAP profitability, alongside crossing the 20% Adjusted EBITDA Margin mark, which was a long-term target set at its IPO. Full-year 2024 revenue reached US$752.8 million, marking a 32% increase from fiscal year 2023.
Looking ahead, Global-e introduced guidance for Q1 2025, projecting GMV between $1.355 billion and $1.395 billion, and revenue between $185 million and $192 million. For the full year 2025, the company expects to surpass the 20% Adjusted EBITDA Margin, achieve annual GAAP profitability, and cross an annual run-rate of $1 billion in revenues.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.