RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%

Shopify Inc

Technology CA SHOP

149.115CAD
3.77(2.60%)

Last update at 2024-11-21T19:40:00Z

Day Range

144.03150.87
LowHigh

52 Week Range

72.36128.26
LowHigh

Fundamentals

  • Previous Close 145.34
  • Market Cap156459.79M
  • Volume950321
  • P/E Ratio88.50
  • Dividend Yield-%
  • EBITDA991.00M
  • Revenue TTM7764.00M
  • Revenue Per Share TTM6.04
  • Gross Profit TTM 2754.12M
  • Diluted EPS TTM1.37

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -3622.84800M 3140.59M 240.36M -95.81500M -64.55300M
Minority interest - - - - -
Net income -3460.41800M 2914.66M 319.51M -124.84200M -64.55300M
Selling general administrative 707.76M 374.84M 245.34M 178.93M 107.44M
Selling and marketing expenses 1230.49M 901.56M 602.05M 472.84M 350.07M
Gross profit 2754.12M 2481.14M 1541.52M 865.64M 596.27M
Reconciled depreciation 90.52M 66.31M 70.06M 35.65M 27.05M
Ebit -822.29900M 268.64M 90.15M -141.14700M -35.11700M
Ebitda -731.77900M 334.95M 160.21M -105.49600M -8.06500M
Depreciation and amortization 90.52M 66.31M 70.06M 35.65M 27.05M
Non operating income net other - - - - -
Operating income -822.29900M 268.64M 90.15M -141.14700M -91.92000M
Other operating expenses 6422.16M 4343.21M 2839.34M 1719.32M 1165.15M
Interest expense 1.15M 1.15M 8.57M 45.33M 29.44M
Tax provision -162.43000M 225.93M -79.14500M 29.03M -
Interest income 2800.55M 2871.95M 23.43M 45.33M 27.37M
Net interest income 75.64M 11.86M 14.35M 48.18M 29.44M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -162.43000M 225.93M -79.14500M 29.03M 0.00000M
Total revenue 5599.86M 4611.86M 2929.49M 1578.17M 1073.23M
Total operating expenses 3576.42M 2212.50M 1451.37M 1006.79M 688.19M
Cost of revenue 2845.74M 2130.71M 1387.97M 712.53M 476.96M
Total other income expense net -2800.54900M 2871.95M 150.21M 45.33M 27.37M
Discontinued operations - - - - -
Net income from continuing ops -3460.41800M 2914.66M 319.51M -124.84200M -64.55300M
Net income applicable to common shares -3460.41800M 2914.66M 319.51M -124.84200M -64.55300M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 11299.00M 10757.15M 13340.17M 7762.90M 3489.48M
Intangible assets 29.00M 390.15M 138.50M 135.68M 167.28M
Earning assets - - - - -
Other current assets 20.00M 139.66M 103.27M 68.25M 48.83M
Total liab 2233.00M 2518.26M 2206.83M 1362.18M 473.75M
Total stockholder equity 9066.00M 8238.89M 11133.34M 6400.72M 3015.73M
Deferred long term liab - - - - -
Other current liab 215.00M 9.39M 13.51M 39.35M 138.86M
Common stock 9201.00M 8747.43M 8040.10M 6115.23M 3256.28M
Capital stock 9201.00M 8747.43M 8040.10M 6115.23M 3256.28M
Retained earnings -390.00000M -522.27600M 2938.14M 15.29M -304.22400M
Other liab - 283.81M 346.36M 21.01M 14.72M
Good will 427.00M 1836.28M 356.53M 311.87M 311.87M
Other assets - 40.82M 48.37M 52.68M 19.43M
Cash 1413.00M 1649.33M 2502.99M 2703.60M 649.92M
Cash and equivalents - 1649.33M 2502.99M 2703.60M 649.92M
Total current liabilities 898.00M 856.01M 702.73M 438.33M 316.38M
Current deferred revenue 302.00M 295.89M 216.79M 107.81M 56.69M
Net debt -263.00000M -252.72000M -1329.50500M -1790.70200M -498.20900M
Short term debt 17.00M 18.16M 15.75M 10.05M 9.07M
Short long term debt - - - - -
Short long term debt total 1150.00M 1396.61M 1173.49M 912.89M 151.71M
Other stockholder equity 251.00M 30.21M 161.07M 261.44M 62.63M
Property plant equipment - 485.97M 301.91M 211.48M 246.17M
Total current assets 6275.00M 6050.47M 8539.32M 6877.76M 2744.73M
Long term investments 4377.00M 1953.46M 3749.67M 173.45M -
Net tangible assets - 6012.46M 10638.32M 5953.18M 2536.59M
Short term investments 3595.00M 3403.62M 5265.10M 3684.37M 1805.28M
Net receivables 1155.00M 857.86M 667.95M 421.54M 240.70M
Long term debt 916.00M 913.31M 910.96M 758.01M -
Inventory 92.00M - - - -
Accounts payable 364.00M 532.57M 456.69M 300.80M 181.19M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 4.00M -16.47300M -5.97400M 8.77M 1.05M
Additional paid in capital - - - - -
Common stock total equity - - - 6115.23M 3256.28M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - -0.07400M - 744.75M
Deferred long term asset charges - - - - -
Non current assets total 5024.00M 4706.68M 4800.85M 885.15M 744.75M
Capital lease obligations 234.00M 483.30M 262.52M 154.89M 151.71M
Long term debt total - 913.31M 910.96M 758.01M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -718.56700M -2237.37500M -1931.84800M -569.47500M -810.63300M
Change to liabilities 341.72M 447.46M 78.85M 159.48M 29.66M
Total cashflows from investing activities -718.56700M -2347.79000M -1931.84800M -569.47500M -810.63300M
Net borrowings - - 907.95M 907.95M 907.95M
Total cash from financing activities 17.55M 1649.76M 3557.35M 736.35M 1072.18M
Change to operating activities -331.52800M -581.35100M -150.03900M -85.16000M -53.09600M
Net income -3460.41800M 2914.66M 319.51M -124.84200M -64.55300M
Change in cash -853.66400M -200.60500M 2053.68M 239.23M 269.01M
Begin period cash flow 2502.99M 2703.60M 649.92M 410.68M 141.68M
End period cash flow 1649.33M 2502.99M 2703.60M 649.92M 410.68M
Total cash from operating activities -136.44800M 504.43M 424.96M 70.61M 9.32M
Issuance of capital stock 0.00000M 1541.17M 2578.59M 688.01M 1041.69M
Depreciation 90.52M 66.31M 70.06M 35.65M 27.05M
Other cashflows from investing activities -668.54900M -2297.00200M -1889.85300M -507.07800M -769.08800M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -127.90800M -72.30000M -29.14600M -130.39200M -83.34300M
Sale purchase of stock 17.55M 1649.76M 2649.40M 736.35M 1072.18M
Other cashflows from financing activities 17.55M 108.59M 978.76M 48.34M 30.49M
Change to netincome 3329.37M -2317.95800M 126.97M 141.66M 102.91M
Capital expenditures 50.02M 50.79M 41.99M 62.40M 41.55M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -98.27100M -160.92400M -100.33200M 20.18M -56.08900M
Stock based compensation 549.14M 330.76M 246.94M 158.46M 95.72M
Other non cash items 2969.15M -2837.34100M -69.22100M 38.19M 7.19M
Free cash flow -186.46600M 453.64M 382.96M 8.22M -32.22100M

Peer Comparison

Sector: Technology Industry: Software - Application

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SHOP
Shopify Inc
3.77 2.60% 149.12 88.50 66.23 20.15 12.30 14.03 139.48
CSU
Constellation Software Inc.
97.13 2.16% 4600.20 102.04 31.75 9.53 27.09 7.46 35.51
DSG
Descartes Systems Group Inc
0.70 0.44% 160.30 78.26 46.08 22.68 7.55 15.90 40.44
OTEX
Open Text Corp
0.42 1.04% 40.80 16.95 7.94 1.93 1.89 2.40 6.83
KXS
Kinaxis Inc
-0.94 0.56% 167.63 174.48 37.31 10.20 8.26 6.76 69.29

Reports Covered

Stock Research & News

Profile

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Shopify Inc

151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8

Key Executives

Name Title Year Born
Mr. Tobias Lütke Founder, Chairman & CEO 1981
Mr. Harley Finkelstein Pres 1983
Mr. Allan Leinwand Chief Technology Officer 1967
Mr. Toby Shannan Special Advisor 1970
Mr. Jeff J. Hoffmeister CPA Chief Financial Officer NA
Mr. Kaz Nejatian VP of Product & COO NA
Katie Keita Sr. Director of Investor Relations NA
Ms. Jessica R. Hertz Gen. Counsel & Corp. Sec. NA
Ms. Brittany Forsyth Chief Talent Officer 1987
Ms. Bharati Balakrishnan Country Head & Director- India NA

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