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Shopify Inc.

$46.7

Earnings Summary

Revenue
$214.34Mn
Net Profits
$-15.9Mn
Net Profit Margins
-7.42%

Highlights

Revenue:

Shopify Inc.’s revenue jumped 68.27% since last year same period to $214.34Mn in the Q1 2018. On a quarterly growth basis, Shopify Inc. has generated -3.8% fall in its revenue since last 3-months.

Net Profits:

Shopify Inc.’s net profit fell -16.94% since last year same period to $-15.9Mn in the Q1 2018. On a quarterly growth basis, Shopify Inc. has generated -432.37% fall in its net profits since last 3-months.

Net Profit Margins:

Shopify Inc.’s net profit margin jumped 30.5% since last year same period to -7.42% in the Q1 2018. On a quarterly growth basis, Shopify Inc. has generated -453.42% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Shopify Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.01
EPS Estimate Current Year
-0.01

Highlights

EPS Estimate Current Quarter:

Shopify Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.01 - a 85.71% jump from last quarter’s estimates.

EPS Estimate Current Year:

Shopify Inc.’s earning per share (EPS) estimates for the current year stand at -0.01.

Key Ratios

Key ratios of the Shopify Inc. post its Q4 2022 earnings

Return on Assets (ROA)
-0.02
Return on Equity (ROE)
-0.36

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Shopify Inc.’s return on assets (ROA) stands at -0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Shopify Inc.’s return on equity (ROE) stands at -0.36.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2020-02-12
0.24
0.43
79.17%
2019-10-29
0.11
-0.29
-363.64%
2019-04-17
-0.04
0.06
250%
2019-08-01
0.03
0.1
233.33%

Company Information

Shopify, a Canadian multinational e-commerce company headquartered in Ottawa, Ontario was established by Scott Lake along with Tobias Lütke, in the year 2006. Shopify created Liquid, a completely open-source web-programming framework which works as a templated language that is written on the web app framework “Ruby on Rails”. It has been in use since 2006. In 2009, the company launched an API (Application programming interface) platform and an App Store. In 2010, a mobile app was introduced for free on the IOS App Store. In fact, the app enables Shopify outlet owners to monitor their stores via the iOS mobile applications. The company raised 7 million USD from a series A Venture Capitalist funding round in the year 2010, the second round of series B raised 15 USD million in the year 2011. In 2015, Shopify was listed on stock exchanges of New York, NYSE and Toronto, TSE by raising over 131 million USD . In the year 2021, Affirm’s IPO enabled Shopify’s 8% stake to be worth $2 billion. Later that year, it acquired Frenzy, a smart application that helps to improve flash sales and a studio for mobile product creation and development based in Toronto called Tiny Hearts. In 2017, they announced a partnership with Amazon which allowed traders to from their Shopify stores on Amazon platforms. To cater to the B2B segment, they acquired handshake which now caters to the B2B e-com platform to sell wholesale goods. 6 River systems which make warehouse robots was acquired in a cash and share deal worth 450 million USD. It also announced its partnership with Alipay to enable cross-border payments It announced the acquisition of Primer, an AR app that allows users to preview home improvement items digitally. Currently Shopify Inc - Class A has a market cap of $53.63 Billion. It has a P.E ratio of -17.42. The shares of Shopify Inc - Class A are trading at $44.31. .

Organisation
Shopify Inc.
Headquarters
151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8
Employees
11600
Industry
Technology Services
CEO
Tobias Lutke