Global Gross Profit from 2010 to 2024

GLBE Stock  USD 49.89  2.03  4.24%   
Global E's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 245.3 M this year. Gross Profit is the profit Global E Online makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
233.6 M
Current Value
245.3 M
Quarterly Volatility
84.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global E financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global E's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Net Interest Income of 5.5 M or Depreciation And Amortization of 181.3 M, as well as many indicators such as Price To Sales Ratio of 10.6, Dividend Yield of 0.0 or PTB Ratio of 6.7. Global financial statements analysis is a perfect complement when working with Global E Valuation or Volatility modules.
  
Check out the analysis of Global E Correlation against competitors.

Latest Global E's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Global E Online over the last few years. Gross profit is a required income statement account that reflects total revenue of Global E Online minus its cost of goods sold. It is profit before Global E operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Global E's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global E's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 158.18 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Global Gross Profit Regression Statistics

Arithmetic Mean57,862,943
Geometric Mean22,330,779
Coefficient Of Variation146.64
Mean Deviation66,272,717
Median8,590,000
Standard Deviation84,850,707
Sample Variance7199.6T
Range236.7M
R-Value0.79
Mean Square Error2881.8T
R-Squared0.63
Significance0.0004
Slope15,039,425
Total Sum of Squares100795T

Global Gross Profit History

2024245.3 M
2023233.6 M
2022158.2 M
202191.4 M
202043.5 M
201918.7 M

Other Fundumenentals of Global E Online

Global E Gross Profit component correlations

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-0.55-0.89-0.62-0.96-0.74-0.95-0.88-0.870.680.55-0.96-0.88-0.87-0.6-0.780.29-0.980.81
0.66-0.890.750.930.840.920.980.96-0.82-0.640.860.940.960.670.90.060.9-0.49
0.33-0.620.750.620.420.620.670.68-0.43-0.260.470.550.680.270.750.540.7-0.19
0.71-0.960.930.620.860.990.960.95-0.84-0.730.980.910.950.760.89-0.20.91-0.74
0.95-0.740.840.420.860.890.930.94-0.85-0.940.840.780.940.960.9-0.120.66-0.44
0.76-0.950.920.620.990.890.960.96-0.81-0.770.980.880.960.80.91-0.190.9-0.72
0.8-0.880.980.670.960.930.961.0-0.86-0.780.910.921.00.810.95-0.020.86-0.53
0.83-0.870.960.680.950.940.961.0-0.85-0.810.890.891.00.830.970.010.84-0.5
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-0.980.55-0.64-0.26-0.73-0.94-0.77-0.78-0.810.78-0.72-0.57-0.81-1.0-0.820.11-0.430.36
0.69-0.960.860.470.980.840.980.910.89-0.8-0.720.890.890.760.8-0.380.9-0.83
0.55-0.880.940.550.910.780.880.920.89-0.87-0.570.890.890.620.76-0.180.88-0.6
0.83-0.870.960.680.950.940.961.01.0-0.85-0.810.890.890.830.970.010.84-0.5
0.98-0.60.670.270.760.960.80.810.83-0.79-1.00.760.620.830.83-0.150.48-0.39
0.85-0.780.90.750.890.90.910.950.97-0.79-0.820.80.760.970.830.190.76-0.4
-0.030.290.060.54-0.2-0.12-0.19-0.020.010.050.11-0.38-0.180.01-0.150.19-0.180.67
0.45-0.980.90.70.910.660.90.860.84-0.62-0.430.90.880.840.480.76-0.18-0.74
-0.280.81-0.49-0.19-0.74-0.44-0.72-0.53-0.50.450.36-0.83-0.6-0.5-0.39-0.40.67-0.74
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About Global E Financial Statements

Global E stakeholders use historical fundamental indicators, such as Global E's Gross Profit, to determine how well the company is positioned to perform in the future. Although Global E investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global E's assets and liabilities are reflected in the revenues and expenses on Global E's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Global E Online. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit233.6 M245.3 M
Gross Profit Margin 0.41  0.26 

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When determining whether Global E Online is a strong investment it is important to analyze Global E's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global E's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out the analysis of Global E Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global E. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
3.814
Quarterly Revenue Growth
0.26
Return On Assets
(0.05)
Return On Equity
(0.12)
The market value of Global E Online is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global E's value that differs from its market value or its book value, called intrinsic value, which is Global E's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global E's market value can be influenced by many factors that don't directly affect Global E's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global E's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.