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Shopify Inc. (T:SHOP)

Business Focus: E-commerce & Auction Services

Sector:  Technology Industry:  Internet Services
See Regulatory Filings on SEDAR
Company Contact
Address: 151 O'connor Street, Ground Floor
Tel: N/A
IR: See website
Key People
Tobias Albin Lutke
Chairman of the Board, Chief Executive Officer, Co-Founder
Harley Michael Finkelstein
Amy Elizabeth Shapero
Chief Financial Officer
Toby Shannan
Chief Operating Officer
Jean-Michel Lemieux
Chief Technology 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 six months ended 30 June 2021, Shopify Increvenues increased 78% to $2.11B. Net income increased from$4.6M to $2.14B. Revenues reflect Merchant solutions Costof revenues increase of 82% to $1.45B, Subscriptionsolutions increase of 71% to $654.9M. Net income benefitedfrom Stock-based Compensation in Selling decrease of 15% to$18.5M (expense), Amortization in Sales and marketingdecrease of 1% to $772K (expense).
Employees: 7,000 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $223,918M as of Jun 30, 2021
Annual revenue (TTM): $4,764M as of Jun 30, 2021
EBITDA (TTM): $619.15M as of Jun 30, 2021
Net annual income (TTM): $3,032M as of Jun 30, 2021
Free cash flow (TTM): $639.18M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 136,328,033 as of Jun 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization