Reported Earnings • May 15
First quarter 2026 earnings released: EPS: US$0.18 (vs US$0.10 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.18 (up from US$0.10 loss in 1Q 2025). Revenue: US$252.1m (up 33% from 1Q 2025). Net income: US$30.4m (up US$48.2m from 1Q 2025). Profit margin: 12% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 14
Co-Founder recently sold Mex$5.2m worth of stock On the 5th of May, Amir Schlachet sold around 9k shares on-market at roughly Mex$551 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$16m. Amir has been a net seller over the last 12 months, reducing personal holdings by Mex$32m. Buy Or Sell Opportunity • May 14
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at Mex$493. The fair value is estimated to be Mex$637, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 35% per annum over the same time period. Annonce • Apr 27
Global-E Online Ltd. to Report Q1, 2026 Results on May 13, 2026 Global-E Online Ltd. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 13, 2026 Annonce • Apr 07
Global-E Online Ltd., Annual General Meeting, May 11, 2026 Global-E Online Ltd., Annual General Meeting, May 11, 2026. Location: 9 hapsagot, building d, 4951041, petah-tikva, Israel Annonce • Feb 18
Global-E Online Ltd. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2026 Global-E Online Ltd. provided earnings guidance for the first quarter and full year of fiscal year 2026. For the quarter, the company expected revenue to be in range of $247 millions to $254 millions.
For the year, the company expected revenue to be in range of $1,211 millions to $1,271 millions. Annonce • Feb 03
Global-E Online Ltd. to Report Q4, 2025 Results on Feb 18, 2026 Global-E Online Ltd. announced that they will report Q4, 2025 results Pre-Market on Feb 18, 2026 Annonce • Nov 05
Global-E Online Ltd. to Report Q3, 2025 Results on Nov 19, 2025 Global-E Online Ltd. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 19, 2025 Board Change • Sep 12
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Gen Tsuchikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Sep 04
Global-E Online Ltd. (NasdaqGS:GLBE) announces an Equity Buyback for $200 million worth of its shares. Global-E Online Ltd. (NasdaqGS:GLBE) announces a share repurchase program. Under the program, the company will repurchase $200 million worth of it's shares. The company expects to fund repurchases with cash on hand and future cash generated from its operations. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: US$0.062 (vs US$0.13 loss in 2Q 2024) Second quarter 2025 results: EPS: US$0.062 (up from US$0.13 loss in 2Q 2024). Revenue: US$214.9m (up 28% from 2Q 2024). Net income: US$10.5m (up US$32.9m from 2Q 2024). Profit margin: 4.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Global Multiline Retail industry. Board Change • Aug 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Gen Tsuchikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Jul 31
Global-E Online Ltd. (NasdaqGS:GLBE) acquired ReturnGo Ltd. Global-E Online Ltd. (NasdaqGS:GLBE) acquired ReturnGo Ltd. on July 31, 2025.
Global-E Online Ltd. (NasdaqGS:GLBE) completed the acquisition of ReturnGo Ltd. on July 31, 2025. Annonce • Jul 29
Global-E Online Ltd. to Report Q2, 2025 Results on Aug 13, 2025 Global-E Online Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 13, 2025 Reported Earnings • May 15
First quarter 2025 earnings released: US$0.10 loss per share (vs US$0.19 loss in 1Q 2024) First quarter 2025 results: US$0.10 loss per share (improved from US$0.19 loss in 1Q 2024). Revenue: US$189.9m (up 30% from 1Q 2024). Net loss: US$17.9m (loss narrowed 44% from 1Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • May 14
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Gen Tsuchikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 30
Global-E Online Ltd. to Report Q1, 2025 Results on May 14, 2025 Global-E Online Ltd. announced that they will report Q1, 2025 results Pre-Market on May 14, 2025 Reported Earnings • Mar 29
Full year 2024 earnings released: US$0.45 loss per share (vs US$0.81 loss in FY 2023) Full year 2024 results: US$0.45 loss per share (improved from US$0.81 loss in FY 2023). Revenue: US$752.8m (up 32% from FY 2023). Net loss: US$75.5m (loss narrowed 44% from FY 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annonce • Feb 21
Global-E Online Ltd. Provides Earnings Guidance for the First Quarter and Full Year Ending December 31, 2025 Global-E Online Ltd. provided earnings guidance for the first quarter and full year ending December 31, 2025. For the quarter, the company expected revenue to be in range of $184.5 millions to $191.5 millions. Gross Merchandise Value (GMV) to be in the range of $1,210 to $1,250 million.
For the year, the company expected revenue to be in range of $917 millions to $967 millions. Gross Merchandise Value (GMV) to be in the range of $6,190 to $6,490 million. Reported Earnings • Feb 20
Full year 2024 earnings released: US$0.45 loss per share (vs US$0.81 loss in FY 2023) Full year 2024 results: US$0.45 loss per share (improved from US$0.81 loss in FY 2023). Revenue: US$752.8m (up 32% from FY 2023). Net loss: US$75.5m (loss narrowed 44% from FY 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year. Board Change • Feb 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Gen Tsuchikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 07
Global-E Online Ltd. to Report Q4, 2024 Results on Feb 19, 2025 Global-E Online Ltd. announced that they will report Q4, 2024 results Pre-Market on Feb 19, 2025 Board Change • Jan 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Gen Tsuchikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 07
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Gen Tsuchikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 25
Third quarter 2024 earnings released: US$0.14 loss per share (vs US$0.20 loss in 3Q 2023) Third quarter 2024 results: US$0.14 loss per share (improved from US$0.20 loss in 3Q 2023). Revenue: US$176.0m (up 32% from 3Q 2023). Net loss: US$22.6m (loss narrowed 32% from 3Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Nov 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Gen Tsuchikawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 05
Global-E Online Ltd. to Report Q3, 2024 Results on Nov 20, 2024 Global-E Online Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 20, 2024 Annonce • Jul 30
Global-E Online Ltd. to Report Q2, 2024 Results on Aug 14, 2024 Global-E Online Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 14, 2024 Annonce • May 14
Global-E Online Ltd., Annual General Meeting, Jun 20, 2024 Global-E Online Ltd., Annual General Meeting, Jun 20, 2024. Location: 9 hapsagot, building d, 4951041, petah-tikva Israel Annonce • May 08
Global-E Online Ltd. to Report Q1, 2024 Results on May 20, 2024 Global-E Online Ltd. announced that they will report Q1, 2024 results Pre-Market on May 20, 2024 Annonce • Feb 22
Global-E Online Ltd. Provides Earnings Guidance for the First Quarter and Full Year of 2024 Global-e Online Ltd. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects revenue of $138.5 million to $145 million.For the year, the company expects revenue of $731 million to $771 million. Annonce • Feb 08
Global-e Online Ltd. to Report Q4, 2023 Results on Feb 21, 2024 Global-e Online Ltd. announced that they will report Q4, 2023 results Pre-Market on Feb 21, 2024 Annonce • Feb 07
Global-E Online Ltd. Announces Executive Appointments Global-e Online has announced the hiring of Cristian van Tienhoven as CEO Europe, the promotion of Yehiam Shinder to the role of CTO and the transition of Eden Zaharoni, former CTO, to his new role as Chief Innovation Officer. Cristian van Tienhoven is set to lead Global-e's European team, having previously served as the Chief Operating Officer of eBay UK, where he was responsible for their delivery and logistics solutions. Prior to that, Cristian worked at Amazon for 8 years in the UK and the USA in various executive roles in the Marketplace, Payments and Physical Retail business units. Cristian has ten years of strategy consulting experience at L.E.K. and PwC, an MBA from Harvard Business School and a Master of Engineering from Oxford University. In addition, Yehiam Shinder will be promoted to the role of Chief Technology Officer, after successful stints as both Global-e's SVP Engineering and VP R&D. As CTO, he will be overseeing all of Global-e's Research and Development, Infrastructure, IT, Information Security and Global Technical Support teams. Yehiam's career, spanning over two decades, has been rooted in technology leadership, innovation, large-scale production systems, and strategic management. Before joining Global-e, he served as the Chief Information Officer at Kaltura, a publicly traded SaaS Video and OTT product company. Furthermore, Global-e announced the transition of Eden Zaharoni, a 10+ year veteran of Global-e and current CTO, to a new role of Chief Innovation Officer. In this new capacity, Eden will lead a team dedicated to exploring and implementing new breakthrough technologies, particularly in the field of generative AI, to foster innovation across the company's business and operations. Annonce • Nov 29
Global-E Online Ltd. Announces Board Changes Global-e Online Ltd. announced that Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, has joined the board of directors as an independent member, effective as of November 29, 2023. Mr. Tsuchikawa will serve as a non-executive director and as a member of the board of directors' Compensation Committee and Nominating, Governance and Sustainability Committee, in replacement for Mr. Thomas Studd, a partner at Vitruvian Partners, who has recently stepped down from the board. Mr. Tsuchikawa is the CEO and Chief Investment Officer at Sony Ventures Corporation, where he directs the venture investment arm of Sony Group Corporation, known as the Sony Innovation Fund. He established the Sony Innovation Fund on behalf of Sony in 2016 and directs investments in transformational technologies shaping the future of business, entertainment, and society around the world. Mr. Tsuchikawa has spent nearly 20 years at Sony, where he also currently serves as a Corporate Vice President and previously served in several executive roles at Sony, leading Corporate Development, M&A, Business Development, and Investors Relations. Prior to joining Sony, Mr. Tsuchikawa spent 20 years in the finance industry at Merril Lynch and the Industrial Bank of Japan. He holds a B.A. from Hitotsubashi University in Japan and an M.B.A. from Stanford Graduate School of Business. Annonce • Nov 04
Global-e Online Ltd. to Report Q3, 2023 Results on Nov 15, 2023 Global-e Online Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 15, 2023 Annonce • Jul 26
Global-e Online Ltd. to Report Q2, 2023 Results on Aug 08, 2023 Global-e Online Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 08, 2023 Reported Earnings • May 23
First quarter 2023 earnings released: US$0.27 loss per share (vs US$0.35 loss in 1Q 2022) First quarter 2023 results: US$0.27 loss per share (improved from US$0.35 loss in 1Q 2022). Revenue: US$117.6m (up 54% from 1Q 2022). Net loss: US$43.1m (loss narrowed 20% from 1Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Multiline Retail industry in South America. Annonce • May 13
Global-e Online Ltd., Annual General Meeting, Jun 20, 2023 Global-e Online Ltd., Annual General Meeting, Jun 20, 2023, at 16:00 Israel Standard Time. Location: headquarters at 9 HaPsagot Petah-Tikva Israel Agenda: To re-elect each of Nir Debbi and Anna Jain Bakst as Class II directors, to hold office until the close of the Company's annual general meeting of shareholders in 2026, and until their respective successors are duly elected and qualified; and to approve the re-appointment of Kost, Forer, Gabbay & Kasierer, registered public accounting firm, a member of Ernst & Young Global, as the Company's independent registered public accounting firm for the year ending December 31, 2023 and until the next annual general meeting of shareholders, and to authorize the Company's board of directors to set the fees to be paid to such auditors. Annonce • May 09
Global-e Online Ltd. to Report Q1, 2023 Results on May 22, 2023 Global-e Online Ltd. announced that they will report Q1, 2023 results at 8:00 AM, US Eastern Standard Time on May 22, 2023 Annonce • Feb 09
Global-e Online Ltd. to Report Q4, 2022 Results on Feb 22, 2023 Global-e Online Ltd. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 22, 2023 Board Change • Jan 31
High number of new directors Independent Non-Executive Director Tzvia Broida was the last director to join the board, commencing their role in 2021. Board Change • Dec 23
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tzvia Broida was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 18
Global-E Online Ltd. Provides Earnings Guidance for the Fourth Quarter of 2022 Global-e Online Ltd. provided earnings guidance for the fourth quarter of 2022. For the quarter, the company expected revenue to be $135.5 million - $141.5 million. Annonce • Nov 17
Global-E Online Ltd. Revises Earnings Guidance for the Full Year 2022 Global-e Online Ltd. revised earnings guidance for the full year 2022. For the full year, the company expected revenue to be $404.7 million - $410.7 million compared to previous guidance of $406 million - $416 million. Annonce • Nov 04
Global-e Online Ltd. to Report Q3, 2022 Results on Nov 16, 2022 Global-e Online Ltd. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 16, 2022 Board Change • Sep 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tzvia Broida was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 17
Second quarter 2022 earnings released: US$0.31 loss per share (vs US$0.26 loss in 2Q 2021) Second quarter 2022 results: US$0.31 loss per share (down from US$0.26 loss in 2Q 2021). Revenue: US$87.3m (up 52% from 2Q 2021). Net loss: US$48.8m (loss widened 120% from 2Q 2021). Over the next year, revenue is forecast to grow 67%, compared to a 22% growth forecast for the Online Retail industry in Mexico. Annonce • Aug 17
Global-E Online Ltd. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2022 Global-e Online Ltd. provided earnings guidance for the third quarter and full year of fiscal 2022. For the third quarter, the company expects revenue of $99.5 million - $102.5 million. For the full year, the company expects revenue of $406 million - $426 million. Annonce • Jul 26
Global-e Online Ltd. to Report Q2, 2022 Results on Aug 16, 2022 Global-e Online Ltd. announced that they will report Q2, 2022 results Pre-Market on Aug 16, 2022 Board Change • Jul 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tzvia Broida was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • May 19
Global-e Online Ltd., Annual General Meeting, Jun 21, 2022 Global-e Online Ltd., Annual General Meeting, Jun 21, 2022, at 16:00 Israel Standard Time. Location: at headquarters at 9 HaPsagot, Petah-Tikva Israel Agenda: To re-elect each of Amir Schlachet, Miguel Angel Parra and Iris Epple-Righi as Class I directors, to hold office until the close of the Company’s annual general meeting of shareholders in 2025, and until their respective successors are duly elected and qualified; to approve the re-appointment of Kost, Forer, Gabbay & Kasierer, registered public accounting firm, a member of Ernst & Young Global, as the Company’s independent registered public accounting firm for the year ending December 31, 2022 and until the next annual general meeting of shareholders, and to authorize the Company’s board of directors (with power of delegation to its audit committee) to set the fees to be paid to such auditors; and to consider other matters. Reported Earnings • May 17
First quarter 2022 earnings released: US$0.35 loss per share (vs US$0.08 loss in 1Q 2021) First quarter 2022 results: US$0.35 loss per share (down from US$0.08 loss in 1Q 2021). Revenue: US$76.3m (up 65% from 1Q 2021). Net loss: US$53.6m (loss widened US$51.8m from 1Q 2021). Over the next year, revenue is forecast to grow 68%, compared to a 30% growth forecast for the industry in Mexico. Annonce • May 17
Global-e Online Ltd. Provides Earnings Guidance for the Second Quarter and Financial Year 2022 Global-e Online Ltd. provided earnings guidance for the second quarter and financial year 2022. For the quarter, the company expected revenue of $82.5 - $84.5.For the year, the company expected revenue of $383 - $403. Board Change • May 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tzvia Broida was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • May 03
Global-e Online Ltd. to Report Q1, 2022 Results on May 16, 2022 Global-e Online Ltd. announced that they will report Q1, 2022 results After-Market on May 16, 2022 Reported Earnings • Mar 30
Full year 2021 earnings released Full year 2021 results: US$0.74 loss per share. Revenue: US$245.3m (up 80% from FY 2020). Net loss: US$74.9m (flat on FY 2020). Over the next year, revenue is forecast to grow 70%, compared to a 45% growth forecast for the retail industry in Mexico. Board Change • Feb 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tzvia Broida was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 17
Global-e Online Ltd. Provides Earnings Guidance for the First Quarter of 2022; Provides Earnings Guidance for the Year 2022 Global-e Online Ltd. provided earnings guidance for the first quarter of 2021. For the quarter, the company expects revenue of $74.5 million to $76.5 million. For the year 2022, the company expects revenue of $411 million to $421 million. Annonce • Feb 04
Global-e Online Ltd. to Report Q4, 2021 Results on Feb 16, 2022 Global-e Online Ltd. announced that they will report Q4, 2021 results After-Market on Feb 16, 2022 Annonce • Jan 06
Global-e Online Ltd. (NasdaqGS:GLBE) completed the acquisition of Flow Commerce Inc. Global-e Online Ltd. (NasdaqGS:GLBE) entered into an agreement to acquire Flow Commerce Inc. for approximately $550 million on November 24, 2021. The purchase consideration which will be paid in equal portions of cash and Global-e shares, comprises of a base consideration of approximately $425 million and up to approximately $75 million in potential additional consideration based on certain financial results in 2021. In addition, approximately $45 million in Global-e shares will be issued for certain assumed, performance-based vesting warrants for Flow shares. Concurrently, Global-e issued to Shopify a warrant for approximately $70 million in Global-e shares, as part of the expansion of the strategic partnership between the companies. Rob Keve, Chief Executive Officer of Flow Commerce , will join Global-e’s leadership team and will head Global-e’s newly formed SMB division. Mike Bryzek, Chief Technology Officer of Flow Commerce will replace Ira Vinitsky, Chief Product Officer of Global-e. The transaction is subject to customary conditions, including regulatory approvals. The transaction is expected to close during first quarter of 2022. Josh Kiernan, Ian Conner, Peter Todaro and Irina Yevmenenko of Latham & Watkins LLP acted as legal advisor to Global-e Online Ltd.
Global-e Online Ltd. (NasdaqGS:GLBE) completed the acquisition of Flow Commerce Inc. on November 24, 2021. Annonce • Nov 26
Global-e Online Ltd. (NasdaqGS:GLBE) entered into an agreement to acquire Flow Commerce Inc. for approximately $550 million. Global-e Online Ltd. (NasdaqGS:GLBE) entered into an agreement to acquire Flow Commerce Inc. for approximately $550 million on November 24, 2021. The purchase consideration which will be paid in equal portions of cash and Global-e shares, comprises of a base consideration of approximately $425 million and up to approximately $75 million in potential additional consideration based on certain financial results in 2021. In addition, approximately $45 million in Global-e shares will be issued for certain assumed, performance-based vesting warrants for Flow shares. The transaction is subject to customary conditions, including regulatory approvals. The transaction is expected to close during first quarter of 2022. Reported Earnings • Nov 11
Third quarter 2021 earnings released: US$0.19 loss per share The company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$59.1m (flat on 3Q 2020). Net loss: US$28.5m (flat on 3Q 2020). Board Change • Sep 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tzvia Broida was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.