Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 151 O'connor Street, Ground Floor OTTAWA ON K2P 2L8 |
Tel: | N/A |
Website: | https://www.shopify.com |
IR: | See website |
Key People | ||
Tobias Albin Lutke Chairman of the Board, Chief Executive Officer, Co-Founder | Amy Elizabeth Shapero Chief Financial Officer | Harley Michael Finkelstein Chief Operating Officer |
Jean-Michel Lemieux Chief Technology Officer | Brittany Jean Forsyth Chief Talent Officer | Craig Stuart Miller Chief Product Officer | Joseph Andrew Frasca Chief Legal Officer, Corporate Secretary |
Business Overview |
Shopify Inc. (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company's software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics and reporting all from one integrated back office. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants' consumers to buy products over mobile Websites. |
Financial Overview |
For the fiscal year ended 31 December 2020, ShopifyInc revenues increased 86% to $2.93B. Net income totaled$319.5M vs. loss of $124.8M. Revenues reflect United Statessegment increase of 81% to $1.95B, Canada segment increaseof 100% to $192.7M. Net Income reflects Foreign exchangegain (loss) increase from $2.9M (expense) to $669K(income). Basic Earnings per Share excluding ExtraordinaryItems increased from -$1.10 to $2.67. |
Employees: | 7,000 as of Dec 31, 2020 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $185,118M as of Dec 31, 2020 |
Annual revenue (TTM): | $3,691M as of Dec 31, 2020 |
EBITDA (TTM): | $252.38M as of Dec 31, 2020 |
Net annual income (TTM): | $402.55M as of Dec 31, 2020 |
Free cash flow (TTM): | $482.50M as of Dec 31, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 128,028,276 as of Dec 31, 2020 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |