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Shopify Inc (SHOP)

Shopify Inc (SHOP)
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Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Sales 1,861,000 2,144,000 1,714,000 1,694,000 1,508,000
Sales Growth -13.20% +25.09% +1.18% +12.33% -13.08%
Net Income -273,000 657,000 718,000 -1,311,000 68,000
Net Income Growth -141.55% -8.50% +154.77% -2,027.94% +110.90%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Total Assets 11,112,000 11,299,000 10,464,000 9,703,000 10,964,000
Total Assets Growth -1.66% +7.98% +7.84% -11.50% +1.92%
Total Liabilities 2,219,000 2,233,000 2,180,000 2,240,000 2,507,000
Total Liabilities Growth -0.63% +2.43% -2.68% -10.65% -0.45%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Operating Cash Flow 238,000 944,000 496,000 218,000 100,000
Operating Cash Flow Growth -74.79% +90.32% +127.52% +118.00% +173.29%
Net Cash Flow 210,000 -236,000 -362,000 -38,000 89,000
Change in Net Cash Flow +188.98% +34.81% -852.63% -142.70% +110.43%
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