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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
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