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Shopify Inc (SHOP)

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78.73 -1.25    -1.56%
16/05 - Closed. Currency in CAD ( Disclaimer )
  • Volume: 1,858,691
  • Bid/Ask: 78.70 / 78.74
  • Day's Range: 78.70 - 80.36
Type:  Equity
Market:  Canada
Shopify Inc 78.73 -1.25 -1.56%

SHOP Financial Summary

 
A brief financial summary of Shopify Inc as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Shopify Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,350 million compared to USD 1,126 million a year ago. Revenue was USD 1,861 million compared to USD 1,508 million a year ago. Net loss was USD 273 million compared to net income of USD 68 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

SHOP Income Statement

Gross margin TTM 50.65%
Operating margin TTM 7.39%
Net Profit margin TTM -2.82%
Return on Investment TTM 4.79%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 1861 2144 1714 1694
Gross Profit 957 1062 901 835
Operating Income 137 482 224 -117
Net Income -273 657 718 -1311

SHOP Balance Sheet

Quick Ratio MRQ 6.03
Current Ratio MRQ 7.14
LT Debt to Equity MRQ 10.3%
Total Debt to Equity MRQ 12.88%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 11112 11299 10464 9703
Total Liabilities 2219 2233 2180 2240
Total Equity 8893 9066 8284 7463

SHOP Cash Flow Statement

Cash Flow/Share TTM 0.84
Revenue/Share TTM 5.76
Operating Cash Flow  26.39%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 238 448 278 118
Cash From Investing Activities -27 -346 -606 -273
Cash From Financing Activities 3 17 11 26
Net Change in Cash 210 126 -324 -127
* In Millions of USD (except for per share items)
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SHOP Comments

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Pavel Kazhdan
Pavel Kazhdan Feb 13, 2024 12:54
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Good report- DOOOWNNNN! Bad report- TO THE MOOON!!
Royal Yorkers
Royal Yorkers Dec 06, 2023 10:13
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if today you see a strong reversal by end of day back into the green, it will be the last chance you get till it rides higher. bookmark this comment. it's clearly in breakout phase 1, phase 2 is knocking, if it can vreach 103 meaningfully, you'll get that very strong run up again.
derk thai
derk thai Dec 06, 2023 10:13
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what do you think end of year? 150s?
Royal Yorkers
Royal Yorkers Dec 06, 2023 10:13
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I think it going to keep trying to hit 120, I wouldn't expect anything more than that. you're going to see a lot of bouncing between 90 and 115 until we get a major catalyst. buying before earnings wmif there's a meaningful pullback to the 90s would be a smart move
Deric Thai
Deric Thai Dec 06, 2023 10:13
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Royal Yorkers is this usd btw
Royal Yorkers
Royal Yorkers Dec 06, 2023 10:13
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, cad but I think thr new target is now 100 usd... puts us just above 130 cad. I think earnings will put us above 130 cad. shopify will likely forecast modest 10-15% growth rather than 25% growth (last year) for 2024. if so stock will rise to 100-105 and I think we'll see a lot of pull back. you'll get one bounce and I think it will consolidate until next earnings which will be very slight beat according to current market spending details. so I'd prepare to sell above 130 cad and wait for a nice pull back to reload for another small run into 150... low chances for that, will need a lot of material catalysts like layoffs or other cost savings and or partnerships.
Royal Yorkers
Royal Yorkers Dec 06, 2023 10:13
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stock did not fare well during earnings, it pulled back aggressively on a down outlook. as mentioned, this is the time to get out on any bounce or temp upside. this will retreat down to 90s
Royal Yorkers
Royal Yorkers Dec 06, 2023 10:11
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this will likely hit 120 cad by February. as there next earnings will again be well above analysts predictions.
Gianni Tromboni
Gianni Tromboni Dec 06, 2023 10:11
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LFG
Royal Yorkers
Royal Yorkers Nov 02, 2023 8:41
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sell once it everyone comes out with revised price targets upwards. you'll see this thing go back up past the last high in the next few weeks. likely towards 90
Royal Yorkers
Royal Yorkers Nov 02, 2023 8:33
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this roaring past 60
Moh Mad
Moh Mad Nov 02, 2023 4:05
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55 after market opens
Gord Currie
Gord Oct 31, 2023 14:18
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WELL never Traded such a Volitile stock before and managed to wipe out every thing I made this year trading as much as 2000 shares at a time sometimes. DOWN to 400 shares now and Financials to come out NOV 02 they say. Some Analysis saying, actually, most are saying buy and some saying hold, so the chance to make some back is hold. Looks like a bit of a Bottom has formed betreen $63 and $65 dollars Canadian on the TSE. For the last 4 days as of Oct. 31,2023, 11:17 Pacific Time that I wrote this.
loffjr
loffjr Oct 31, 2023 14:18
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there goes shop. making another bag holder.. surprise surprise.
Investing In
Investing In Oct 26, 2023 12:22
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I will buy at 30
loffjr
loffjr Aug 08, 2023 16:38
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this got evicerated the last couple days damn.
Rafique Shipon
Rafique Shipon Aug 04, 2023 14:27
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When it's down, it keeps going down. So short it
 
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