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Shopify Inc. (T:SHOP)

Business Focus: E-commerce & Auction Services

Sector:  Technology Industry:  Online Services
 
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 Luetke
Chairman of the Board, Chief Executive Officer, Co-Founder
Harley Michael Finkelstein
President
Jeff Hoffmeister
Chief Financial Officer
Kasra Nejatian
Chief Operating Officer, Vice President - Product
Jessica Hertz
General Counsel, Corporate Secretary
 
Business Overview
Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables 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 Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.
Financial Overview
For the fiscal year ended 31 December 2023, Shopify Inc revenues increased 26% to $7.06B. Net income applicable to common stockholders totaled $133M vs. loss of $3.46B. Revenues reflect United States segment increase of 25% to $4.65B, EMEA segment increase of 37% to $1.26B, APAC segment increase of 26% to $699M. Basic Earnings per Share excluding Extraordinary Items increased from -$2.73 to $0.10.
Employees: 8,300 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $115,477M as of Dec 31, 2023
Annual revenue (TTM): $9,763M as of Dec 31, 2023
EBITDA (TTM): $40.10M as of Dec 31, 2023
Net annual income (TTM): $183.91M as of Dec 31, 2023
Free cash flow (TTM): $1,251M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,287,187,396 as of Feb 7, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization