Lightspeed Commerce Inc. (LSPD) is currently priced at $9.14, showing a decrease of 3.02% from the previous close. The trading volume stands at $584,368, which is 56.76% above the average. The asset experienced a price drop of 28.5 cents.
In the latest earnings report, Lightspeed Commerce Inc. posted an EPS of -24 cents on Wednesday, February 4th, missing the consensus estimate of 0.12.
The company's cash flow indicates a net change of -$79.47 million, driven by stock-based compensation of $45.66 million and operating cash flow of $66.84 million. Notably, acquisitions resulted in a net outflow of $-165,000.
Lightspeed Commerce Inc. reported a net loss of $33.58 million. The company generated revenue of $312.35 million, with a gross profit of $133.58 million. Operating expenses amounted to $171.22 million, resulting in an operating income of -$37.64 million.
Key ratios show a quick ratio of 4.44 and a net profit margin of -10.75%. The price to earnings ratio stands at -12.58, while the return on equity is -2.24.
The balance sheet reveals total assets of $1.68 billion, with cash and cash equivalents totaling $479 million. Total liabilities amount to $173.40 million, resulting in a net debt of -$458.79 million.
This real-time financial report provides insights into Lightspeed Commerce Inc.'s current financial standing and performance metrics.
Lightspeed Commerce Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Australia, the Netherlands, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, point of sale (POS), product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, order-ahead and curbside pickup functionality, loyalty, and customer management solutions. The company also offers tailored financial solutions, such as Lightspeed Analytics; Lightspeed Payments; and Lightspeed Capital, a merchant cash advance program. In addition, it sells POS peripheral hardware, including tablets, customer facing displays, receipt printers, networking hardware, cash drawers, payment terminals, servers, stands, bar-code scanners, and an assortment of accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montréal, Canada.