1 Magnificent Growth Stock That Could Crush the Market Over the Next 10 Years

Core Viewpoint - Global-e Online is a rapidly growing e-commerce company that is moving towards profitability, presenting a compelling investment opportunity for those willing to take on risk [2][12] Company Overview - Global-e operates as a business-to-business company providing cross-border e-commerce solutions for retailers, handling back-end services without direct customer interaction [3] - The company offers services such as instant customs calculations and delivery options, facilitating global sales for retailers [4] Client Relationships - Global-e has a notable client list including major brands like Disney and Adidas, and continues to onboard new clients such as Doc Martens and Billabong [5] - The partnership with Shopify is significant, as Shopify was an early investor and now offers Global-e's services to its merchants through the Shopify Managed Markets program [6] Financial Performance - In Q3, Global-e's revenue grew by 32% year-over-year, driven by a 35% increase in gross merchandise volume (GMV) [6] - The adjusted gross margin improved from 44.4% to 46.8%, and adjusted EBITDA rose from $22.1 million to $31.1 million [7] - The net loss decreased from $33.1 million to $22.6 million, primarily due to the amortization of warrants related to the Shopify partnership [7][8] Future Outlook - Management has raised its full-year outlook based on positive Q3 results, indicating strong market reception [9] - Global-e is expected to achieve positive net income by mid-2025, with ongoing positive cash flow from operations [8] Valuation Metrics - Global-e's stock has increased by 26% this year, trading at a price-to-sales ratio of 12 and a forward P/E ratio of 50, which is lower than Shopify's ratios [10][11] - The company is positioned well for future growth as it expands its client base and platform capabilities [12]