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Lightspeed Commerce Inc. (T:LSPD)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
 
Company Contact
Address: 700 Saint-Antoine Street East, Suite 300
MONTREAL QC H2Y 1A6
Tel: N/A
Website: https://www.lightspeedhq.com
IR: See website
Key People
Dax Dasilva
Executive Chairman of the Board, Interim Chief Executive Office
Jean-David Saint-Martin
President
Asha Bakshani
Chief Financial Officer
Brandon Nussey
Chief Operating Officer
Shirvani Mudaly
Chief People Officer
Ryan Tabone
Chief Product & Technology Officer
Kady Srinivasan
Chief Marketing Officer
Cameron Walker
Chief of Staff
Daniel Micak
Chief Legal Officer, Corporate Secretary
Business Overview
Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company's cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks. Its one-stop commerce platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. The Company's products include retail, e-commerce, restaurant and golf. It offers Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Advanced Reporting, Scanner and others. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. It provides cloud-based Point of Sale systems for retail stores and restaurants. It has customers globally in over 100 countries.
Financial Overview
For the nine months ended 31 December 2023, Lightspeed Commerce Inc revenues increased 24% to $679.1M. Net loss decreased 87% to $131.4M. Revenues reflect Transaction-based revenue segment increase of 35% to $406.5M, Subscription revenue segment increase of 8% to $240.7M. Lower net loss reflects Goodwill impairment decrease from $748.7M (expense) to $0K, Acquisition-related compensation decrease of 91% to $3.1M (expense).
Employees: 3,000 as of Mar 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1,688M as of Dec 31, 2023
Annual revenue (TTM): $1,183M as of Dec 31, 2023
EBITDA (TTM): -$142.26M as of Dec 31, 2023
Net annual income (TTM): -$282.03M as of Dec 31, 2023
Free cash flow (TTM): -$172.82M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 153,547,616 as of Apr 17, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization