UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...

Exhibit 99.1 Global-E Reports Fourth Quarter and Full Year 2023 Results PETAH-TIKVA, Israel, February 21st , 2024 - Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today announced financial results for the fourth quarter of 2023 and full year 2023 as well as outlook for the first quarter and the full year 2024. "We are pleased with the record fourth quarter and full year results, delivering 45% annual growth in GMV, 39% growth in revenues, and 9 ...

[Financial & Business Highlights](index=1&type=section&id=Financial%20%26%20Business%20Highlights) Global-e reported strong Q3 2023 results, showing significant growth in GMV, revenue, and Adjusted EBITDA, alongside key business developments Q3 2023 Financial Highlights (YoY) | Metric | Q3 2023 | Q3 2022 | % Change | | :--- | :--- | :--- | :--- | | GMV | $839 million | - | 35% | | Revenue | $133.6 million | - | 27% | | Non-GAAP Gross Profit | $59.3 million | - | 36% | | Non-GAAP Gross Margin | 44.4% | 41.5% | +290 bps | | Adjusted EBITDA | $22.1 million | $12.5 million | 76% | | Net Loss (GAAP) | ($33.1 million) | - | - | - The CEO attributed the strong results to the robustness of the business model and highlighted the immense greenfield opportunity ahead, particularly with the launch of Shopify Markets Pro[4](index=4&type=chunk) - Key business developments in Q3 2023 included **new merchant onboarding** (Ted Baker, Tory Burch), **expanded partnerships** (LVMH, Richemont), **Shopify Markets Pro general availability** in the US, and a **new integration with Wix Commerce**[7](index=7&type=chunk) [Financial Outlook](index=2&type=section&id=Q4%20and%20Full%20Year%20Outlook) Global-e provided financial guidance for Q4 and updated its full-year 2023 outlook, projecting GMV, revenue, and an upwardly revised Adjusted EBITDA Q4 2023 and Full Year 2023 Guidance (in millions) | Metric | Q4 2023 Guidance | FY 2023 Guidance | Previous FY 2023 Guidance | | :--- | :--- | :--- | :--- | | GMV | $1,125 - $1,175 | $3,493 - $3,543 | $3,480 - $3,640 | | Revenue | $178 - $186 | $563 - $571 | $570 - $596 | | Adjusted EBITDA | $31.5 - $36.5 | $89.1 - $94.1 | $85 - $93 | [Financial Statements](index=5&type=section&id=Financial%20Statements) The consolidated financial statements detail Global-e's financial position and performance, showing total assets of $1.12 billion and a Q3 net loss of $33.1 million [Consolidated Balance Sheets](index=5&type=section&id=CONSOLIDATED%20BALANCE%20SHEETS) Global-e's balance sheet as of September 30, 2023, reported total assets of $1.12 billion, with liabilities at $210.3 million and equity at $908.2 million Consolidated Balance Sheet Highlights (in thousands) | Account | Sep 30, 2023 (Unaudited) | Dec 31, 2022 (Audited) | | :--- | :--- | :--- | | Cash and cash equivalents | $145,824 | $165,033 | | Total current assets | $400,581 | $374,652 | | Total assets | $1,118,468 | $1,162,600 | | Total current liabilities | $188,600 | $209,580 | | Total liabilities | $210,299 | $234,479 | | Total shareholders' equity | $908,169 | $928,121 | [Consolidated Statements of Operations](index=6&type=section&id=CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) For Q3 2023, Global-e reported a 27% revenue increase to $133.6 million, gross profit growth to $56.5 million, and a narrowed net loss of $33.1 million Statement of Operations Highlights (in thousands, except per share data) | Metric | Q3 2023 (Unaudited) | Q3 2022 (Unaudited) | Nine Months 2023 (Unaudited) | Nine Months 2022 (Unaudited) | | :--- | :--- | :--- | :--- | :--- | | Revenue | $133,605 | $105,556 | $384,545 | $269,184 | | Gross Profit | $56,516 | $40,802 | $157,282 | $102,336 | | Operating Loss | ($35,601) | ($53,231) | ($114,004) | ($154,217) | | Net Loss | ($33,091) | ($64,551) | ($111,707) | ($166,934) | | Net Loss Per Share | ($0.20) | ($0.41) | ($0.68) | ($1.07) | [Consolidated Statements of Cash Flows](index=7&type=section&id=CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) For the nine months ended September 30, 2023, net cash from operating activities was $14.7 million, with net cash used in investing activities significantly lower at $44.3 million Cash Flow Summary (Nine Months Ended Sep 30, in thousands) | Cash Flow Activity | 2023 (Unaudited) | 2022 (Unaudited) | | :--- | :--- | :--- | | Net cash provided by operating activities | $14,728 | $32,055 | | Net cash used in investing activities | ($44,336) | ($343,901) | | Net cash provided by financing activities | $1,747 | $1,097 | | Net decrease in cash | ($28,971) | ($322,043) | | Cash at end of period | $182,551 | $136,856 | [Key Metrics and Non-GAAP Reconciliations](index=8&type=section&id=Key%20Metrics%20and%20Non-GAAP%20Reconciliations) This section details key operating metrics, including a 35% GMV growth and 50% revenue from US merchants, alongside reconciliations to non-GAAP measures like gross profit and Adjusted EBITDA [Key Performance Metrics & Revenue Breakdown](index=8&type=section&id=Key%20Performance%20Metrics%20%26%20Revenue%20Breakdown) In Q3 2023, GMV increased 35% to $839.1 million, with fulfillment services accounting for 53% of revenue and US-based merchants contributing 50% of total revenue Key Performance Metrics (in thousands) | Metric | Q3 2023 | Q3 2022 | | :--- | :--- | :--- | | Gross Merchandise Value | $839,056 | $621,011 | | Adjusted EBITDA | $22,093 | $12,537 | Revenue by Merchant Outbound Region (Q3) | Region | 2023 Revenue % | 2022 Revenue % | | :--- | :--- | :--- | | United States | 50% | 46% | | United Kingdom | 31% | 34% | | European Union | 16% | 17% | | Other | 3% | 3% | [Non-GAAP Reconciliations](index=9&type=section&id=Non-GAAP%20Reconciliations) The company provides reconciliations from GAAP to non-GAAP measures, showing Q3 2023 Non-GAAP gross profit of $59.3 million and Adjusted EBITDA of $22.1 million after various adjustments Reconciliation to Non-GAAP Gross Profit (Q3, in thousands) | Metric | 2023 | 2022 | | :--- | :--- | :--- | | Gross Profit (GAAP) | $56,516 | $40,802 | | Amortization of acquired intangibles | $2,796 | $2,951 | | **Non-GAAP gross profit** | **$59,312** | **$43,753** | Reconciliation to Adjusted EBITDA (Q3, in thousands) | Metric | 2023 | 2022 | | :--- | :--- | :--- | | Operating loss (GAAP) | ($35,601) | ($53,231) | | Stock-based compensation | $11,716 | $9,025 | | Commercial agreement asset amortization | $37,433 | $37,432 | | Amortization of acquired intangibles | $5,092 | $8,695 | | Other adjustments | $3,453 | $10,195 | | **Adjusted EBITDA** | **$22,093** | **$12,537** | [Supplementary Information](index=2&type=section&id=Supplementary%20Information) This section provides administrative and legal information, including non-GAAP measure definitions, a safe harbor statement, and a corporate overview of Global-e's leading cross-border e-commerce platform - The company uses non-GAAP measures such as **Non-GAAP gross profit** and **Adjusted EBITDA** to assess performance, evaluate business strategies, and communicate with its board[12](index=12&type=chunk)[16](index=16&type=chunk) - The report contains forward-looking statements subject to risks and uncertainties, and readers are cautioned not to put undue reliance on these statements[17](index=17&type=chunk) - Global-e is the **world's leading platform for D2C cross-border e-commerce**, enabling **over 1,000 brands** to sell internationally by providing a seamless, localized shopping experience in **over 200 destinations**[18](index=18&type=chunk)

Global-e Online Ltd. (NASDAQ:GLBE) Q2 2023 Earnings Call Transcript August 8, 2023 8:00 AM ET Company Participants Erica Mannion - Sapphire, IR Amir Schlachet - Co-Founder, CEO Ofer Koren - CFO Nir Debbi - Co-Founder, President Conference Call Participants Brian Peterson - Raymond James Brent Bracelin - Piper Sandler Samad Samana - Jefferies James Faucette - Morgan Stanley Scott Berg - Needham Madison Schrage - KeyBanc Matt Code - Autonomous Research Mark Zgutowicz - Benchmark Operator Welcome to the Global ...

Exhibit 99.1 Global-e Reports Second Quarter 2023 Results PETAH-TIKVA, Israel, August 8, 2023 - Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border eCommerce enablement, today reported financial results for the second quarter of 2023. "The results of the second quarter of 2023, together with the updated guidance for the remainder of the year, illustrate the continued strong momentum of our business, as evident from both top-line growth, improved profitability and new cli ...

Global-e Online Ltd. (NASDAQ:GLBE) Q1 2023 Earnings Conference Call May 22, 2023 8:00 AM ET Company Participants Erica Mannion - Sapphire, IR Amir Schlachet - Co-Founder, CEO Ofer Koren - CFO Nir Debbi - Co-Founder, President Conference Call Participants Will Nance - Goldman Sachs Koji Ikeda - Bank of America James Faucette - Morgan Stanley Samad Samana - Jefferies Brian Peterson - Raymond James Josh Beck - KeyBanc Hannah Rudoff - Piper Sandler Matt Code - Autonomous Research Operator Greetings, and welcome ...

Exhibit 99.1 Global-e Reports First Quarter 2023 Results PETAH-TIKVA, Israel, May 22, 2023 - Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border eCommerce enablement, today reported financial results for the first quarter of 2023. "The Global-e team is off to a great start for the year, with very strong performance across the board, many new merchants going live all around the globe, and many existing merchants expanding their business with us," said Amir Schlachet, Foun ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...

Global-e Online Ltd. (NASDAQ:GLBE) Q4 2022 Earnings Conference Call February 22, 2023 8:00 AM ET Company Participants Erica Mannion - Sapphire, IR Amir Schlachet - Co-Founder, CEO Ofer Koren - CFO Nir Debbi - Co-Founder, President Conference Call Participants Will Nance - Goldman Sachs James Faucette - Morgan Stanley Koji Ikeda - Bank of America Samad Samana - Jefferies Scott Berg - Needham & Company Brent Bracelin - Piper Sandler Brian Peterson - Raymond James Josh Beck - KeyBanc Matt Code - Autonomous Res ...

Financial Performance - Q4 2022 GMV was $839 million, a 66% year-over-year increase[7] - Q4 2022 revenue reached $139.9 million, up 69% year-over-year, with service fees at $62.8 million and fulfillment services at $77 million[7] - Full year 2022 GMV totaled $2,450 million, reflecting a 69% year-over-year growth[7] - Full year 2022 revenue was $409.0 million, a 67% increase year-over-year, with service fees at $181.9 million and fulfillment services at $227.1 million[7] - Q1 2023 GMV guidance is projected between $645 million and $675 million, while FY 2023 GMV is expected to be between $3,360 million and $3,520 million[9] - Q1 2023 revenue guidance is set between $108 million and $114 million, with FY 2023 revenue expected to be between $557 million and $584 million[9] - Total revenue for the year ended December 31, 2022, increased to $409,049 thousand, up 67% from $245,274 thousand in 2021[26] - Gross profit for the year ended December 31, 2022, was $158,178 thousand, representing a 73% increase from $91,433 thousand in 2021[26] - The company reported a significant increase in service fees revenue, contributing 44% of total revenue in 2022, compared to 39% in 2021[30] - The United States accounted for 43% of total revenue in 2022, up from 29% in 2021, indicating strong market expansion[30] Expenses and Losses - Operating expenses for the year ended December 31, 2022, totaled $347,502 thousand, up 109% from $157,091 thousand in 2021[26] - Net loss attributable to ordinary shareholders for the year ended December 31, 2022, was $195,405 thousand, compared to a loss of $74,933 thousand in 2021[26] - Total operating loss for the year ended December 31, 2022, was $(189,324) thousand, compared to $(65,658) thousand for the year ended December 31, 2021, indicating a decline of 187.5%[34] - Operating loss for Q4 2022 was $(35,107) thousand, compared to $(22,190) thousand in Q4 2021, indicating a decline of 58.5%[34] Adjusted EBITDA - Adjusted EBITDA for Q4 2022 was $21.8 million, compared to $11.8 million in Q4 2021[7] - Adjusted EBITDA improved to $21,755 thousand in Q4 2022, compared to $11,829 thousand in Q4 2021, reflecting a growth of 83.5%[34] - Adjusted EBITDA for the year ended December 31, 2022, was $48,703 thousand, an increase from $32,424 thousand in 2021[30] Cash and Assets - Cash and cash equivalents decreased to $211,522 thousand as of December 31, 2022, from $458,899 thousand at the end of 2021[28] - Total current assets decreased to $374,652 thousand in 2022 from $622,460 thousand in 2021, reflecting a shift in asset management[24] Market and Strategic Developments - US outbound sales increased by 163% in Q4 2022 year-over-year, driven by market penetration[11] - The strategic partnership with Shopify is progressing well, with new integrations and trials underway[11] Stock-Based Compensation and Expenses - Total stock-based compensation increased to $9,112 thousand in Q4 2022 from $3,919 thousand in Q4 2021, representing a growth of 132.5%[34] - Research and development expenses rose significantly to $5,855 thousand in Q4 2022, up from $1,873 thousand in Q4 2021, an increase of 212.5%[34] - General and administrative expenses increased to $2,497 thousand in Q4 2022, up from $1,440 thousand in Q4 2021, an increase of 73.5%[34] - Depreciation and amortization expenses rose to $570 thousand in Q4 2022 from $121 thousand in Q4 2021, an increase of 370.2%[34] Amortization and Costs - Amortization of acquired intangibles for the year ended December 31, 2022, was $27,833 thousand, compared to $0 for the year ended December 31, 2021[34] - Commercial agreement asset amortization increased to $37,433 thousand in Q4 2022 from $29,406 thousand in Q4 2021, a rise of 27.5%[34] - Merger and acquisition related costs decreased to $126 thousand in Q4 2022 from $573 thousand in Q4 2021, a decline of 78.0%[34]