Lightspeed Commerce Inc

LSPD

Equity

ISIN CA53229C1077 / Valor 112970662

Toronto Stock Exchange (2024-09-16)

CAD 17.46+1.75%

Lightspeed Commerce Inc
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About company

Lightspeed Commerce Inc. is a global provider of commerce platforms, primarily catering to the retail, golf, and restaurant sectors. The company offers an all-in-one commercial platform designed to simplify operations, adapt to changing business needs, and deliver exceptional customer experiences. Lightspeed aims to empower businesses that drive the global economy, enabling them to build successful futures, influence culture, and strengthen communities. The company's recent announcements include cost reduction measures and a share buyback program, underscoring its commitment to profitable growth. Lightspeed Commerce Inc. is publicly traded on the NYSE and TSX under the ticker symbol LSPD.

Summarized from source with an LLMView SourceSector: Technology

Total Revenue

Lightspeed Commerce Inc. reported total revenue of $230.2 million for the fourth quarter of 2024, marking a 25% increase year-over-year. This growth exceeded the company's previously-established outlook.

Net Loss and Adjusted EBITDA

In the fourth quarter of 2024, Lightspeed Commerce Inc. saw improvements in its net loss and Adjusted EBITDA. The net loss was reduced, and the Adjusted EBITDA showed positive trends, reflecting better operational efficiency.

Gross Payment Volume

During the fourth quarter of 2024, Lightspeed Commerce Inc. reported a Gross Payment Volume (GPV) of $5.1 billion. This figure highlights the company's expanding transaction processing capabilities.

Annual Revenue

For the full fiscal year 2024, Lightspeed Commerce Inc. achieved total revenue of $730.5 million, representing a 33% increase year-over-year. This growth was driven by strong performance across various business segments.

Outlook

Looking ahead, Lightspeed Commerce Inc. has provided a positive outlook for the upcoming fiscal year. The company expects continued revenue growth and further improvements in profitability metrics, driven by ongoing product innovations and market expansion.

Summarized from source with an LLMView Source

Key figures

-16.1%1Y

-88.9%3Y

-47.7%5Y

Performance

52.1%1Y

68.1%3Y

74.4%5Y

Volatility