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Earnings Call Summary | Global-E Online(GLBE.US) Q1 2024 Earnings Conference

Earnings Call Summary | Global-E Online(GLBE.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Global-E Online (GLBE.US) 2024 年第一季度業績會議
moomoo AI ·  05/20 18:16  · 電話會議

The following is a summary of the Global-e Online Ltd. (GLBE) Q1 2024 Earnings Call Transcript:

以下是環球電子有限公司(GLBE)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Global-e Online reported significant Q1 2024 growth with GMV up by 32% YoY, revenues up by 24%, and adjusted EBITDA increasing by 47%.

  • Q1 GMV generated was recorded at $930 million, an increase of 32% YoY.

  • The company reported Q1 revenue of $145.9 million, up 24% YoY. Service fee revenue increased by 36% to $68.3 million, and fulfillment services increased by 15% to $77.6 million.

  • The non-GAAP gross profit amounted to $66.1 million, up 36% YoY, with a gross margin of 45.3%.

  • The reported net loss was $32.1 million, an improvement from a net loss of $43.1 million in Q1 2023.

  • For Q2 2024, the projected GMV is between $1.025 billion and $1.065 billion or a growth rate of 27% YoY. Q2 revenue is expected to range between $162.5 million to $168.5 million.

  • For the full year of 2024, the company expects GMV to range from $4.625 billion to $4.865 billion, corresponding to a 33.4% growth rate YoY. Expected revenue stands between $733 million to $773 million.

  • Global-e Online報告稱,2024年第一季度顯著增長,GMV同比增長32%,收入增長24%,調整後的息稅折舊攤銷前利潤增長47%。

  • 第一季度產生的GMV爲9.3億美元,同比增長32%。

  • 該公司公佈的第一季度收入爲1.459億美元,同比增長24%。服務費收入增長了36%,達到6,830萬美元,配送服務增長了15%,達到7,760萬美元。

  • 非公認會計准則毛利爲6,610萬美元,同比增長36%,毛利率爲45.3%。

  • 報告的淨虧損爲3,210萬美元,較2023年第一季度的淨虧損4,310萬美元有所改善。

  • 2024年第二季度,預計的GMV在10.25億美元至10.65億美元之間,同比增長27%。第二季度收入預計將在1.625億美元至1.685億美元之間。

  • 該公司預計,2024年全年的GMV將在46.25億美元至48.65億美元之間,相當於同比增長33.4%。預期收入在7.33億美元至7.73億美元之間。

Business Progress:

業務進展:

  • Q1 saw multiple high-profile brands go live with Global-e services in multiple markets, prominent amongst them are Donna Karan, DKNY, La Senza, and Hobbs.

  • The company continues to expand in APAC, with recent notable launches from Infamous Swim and Carla Zampatti.

  • The company is nearing the completion of its partnership's migration with Shopify.

  • Growth is expected to pick up in the second half of 2024, with key merchant launches planned.

  • Improving the onboarding process is a priority, as the company reports a steady inflow of new merchants joining their platform.

  • Set to launch demand generation capabilities in the second half of 2024, to stimulate growth into 2025.

  • The company continues to invest in building capabilities and new features for U.S merchants on Shopify Markets Pro for improved onboarding and sales conversion.

  • 第一季度,多個知名品牌在多個市場上線了Global-e服務,其中最著名的是唐娜·卡蘭、DKNY、La Senza和Hobbs。

  • 該公司繼續在亞太地區擴張,《臭名昭著的游泳》和《卡拉·贊帕蒂》最近推出了引人注目的產品。

  • 該公司與Shopify的合作關係已接近完成。

  • 預計增長將在2024年下半年回升,並計劃推出主要商戶。

  • 改善入職流程是當務之急,因爲該公司報告稱,新商家穩步流入其平台。

  • 定於2024年下半年推出需求生成能力,以刺激2025年的增長。

  • 該公司繼續投資在Shopify Markets Pro上爲美國商家建設功能和新功能,以提高入職和銷售轉化率。

More details: Global-E Online IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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