Shopify (SHOP.TO) stock price, revenue, and financials

Shopify market cap is C$228.7 b, and annual revenue was $2.93 b in FY 2020

C$228.7 B

SHOP.TO Mkt cap, 14-Sept-2021

$2.9 B

Shopify Revenue FY, 2020
Shopify Gross profit (FY, 2020)1.5 B
Shopify Gross profit margin (FY, 2020), %52.6%
Shopify Net income (FY, 2020)319.5 M
Shopify EBIT (FY, 2020)90.2 M
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Shopify Revenue

Shopify revenue was $2.93 b in FY, 2020

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Shopify Revenue Breakdown

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Shopify revenue breakdown by business segment: 59.3% from Merchant Solutions and 40.7% from Subscription Solutions

Shopify revenue breakdown by geographic segment: 6.6% from United Kingdom, 6.1% from Canada, 14.6% from Rest of World, 68.4% from United States and 4.3% from Other

Shopify Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

673.3m1.1b1.6b2.9b

Revenue growth, %

73%59%47%

Cost of goods sold

293.1m477.0m712.5m1.4b

Gross profit

380.3m596.3m865.6m1.5b

Gross profit Margin, %

56%56%55%53%

Sales and marketing expense

225.7m350.1m472.8m602.0m

R&D expense

136.0m230.7m355.0m552.1m

General and administrative expense

67.7m107.4m178.9m245.3m

Operating expense total

429.4m688.2m1.0b1.5b

EBIT

(49.2m)(91.9m)(141.1m)90.2m

EBIT margin, %

(7%)(9%)(9%)3%

Interest expense

23.4m

Interest income

7.9m29.4m48.2m

Pre tax profit

(95.8m)

Income tax expense

29.0m(79.1m)

Net Income

(40.0m)(64.6m)(124.8m)319.5m

EPS

(0.4)(0.6)(1.1)

Shopify Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

141.7m410.7m649.9m

Accounts Receivable

7.1m11.2m9.7m

Prepaid Expenses

7.2m12.9m20.8m

Current Assets

1.0b2.1b2.7b

PP&E

50.4m61.6m111.4m

Goodwill

20.3m38.0m311.9m

Total Assets

1.1b2.3b3.5b

Accounts Payable

44.3m61.3m90.5m

Short-term debt

1.5m2.6m9.1m

Current Liabilities

94.8m138.7m316.4m

Long-term debt

15.0m22.3m142.6m

Non-Current Liabilities

17.7m25.3m157.4m

Total Debt

16.5m24.9m151.7m

Total Liabilities

112.5m164.0m473.7m

Common Stock

1.1b2.2b3.3b110.9m

Additional Paid-in Capital

43.4m74.8m62.6m

Retained Earnings

(123.2m)(187.8m)(304.2m)

Total Equity

1.0b2.1b3.0b

Debt to Equity Ratio

0 x0 x0.1 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

1.1 x1.1 x1.2 x

Shopify Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(40.0m)(64.6m)(124.8m)319.5m

Depreciation and Amortization

23.4m27.1m35.7m70.1m

Accounts Receivable

(13.0m)(32.6m)(56.2m)(29.1m)

Accounts Payable

15.4m20.6m84.6m118.6m

Cash From Operating Activities

79.0m9.3m70.6m425.0m

Purchases of PP&E

(20.0m)(27.9m)(56.8m)(41.7m)

Cash From Investing Activities

(527.2m)(810.6m)(569.5m)(1.9b)

Cash From Financing Activities

574.8m1.1b736.4m3.6b

Net Change in Cash

57.7m269.0m239.2m2.1b

Shopify Ratios

USDFY, 2017

Revenue/Employee

224.4k

Financial Leverage

1.1 x

P/E Ratio

(240.5)

Shopify Operating Metrics

Shopify's Stores was reported to be 600 k in Jun, 2018. Shopify's Users was reported to be 1 m in Jun, 2018. Shopify's Monthly Unique Visitors was reported to be 319 m in FY, 2019. Shopify's Monthly Orders was reported to be 65.5 m in FY, 2019.
Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Oct, 2017FY, 2017Jan, 2018Q1, 2018Jun, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Oct, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Monthly Recurring Revenue

$8.5 m$9.8 m$11.3 m$12.8 m$14.4 m$16.3 m$18.5 m$20.73 m$23.66 m$29.88 m$32.46 m$35.28 m$37.86 m$40.93 m$44.21 m$47.12 m$50.65 m$53.9 m$55.4 m$57.03 m$74.36 m

Gross Merchandise Volume

$1.6 b$1.9 b$2.8 b$7.7 b$2.7 b$3.4 b$3.8 b$5.5 b$15.4 b$4.84 b$5.87 b$26.32 b$7.95 b$9.14 b$9.99 b$41.1 b$11.9 b$13.75 b$14.82 b$61.14 b$17.42 b$30.11 b$30.92 b

Gross Payment Volume

$1.5 b$2.2 b

Stores

243.47 k377.5 k400 k500 k600 k

Network Services Merchants

9 k9 k10 k11 k12 k13 k14 k15 k16 k16 k16.5 k18 k19 k22 k23 k24.5 k26.4 k30.3 k37.4 k

Average Revenue per Subscriber

$1.24 k

Users

325 k375 k377.5 k500 k1 m1 m

Active Buyers (eBay)

169 m168 m

Countries

150175175175175175

Merchants

609 k820 k1 m1 m

Monthly Orders

29.9 m44.6 m65.5 m

Monthly Unique Visitors

218 m261 m319 m

Shopify Human Capital

Gender

Y, 2017
Male, percent71%
Female, percent29%

Ethnicity

Y, 2017
Other Ethnicity, percent9%
White, percent59%
Hispanic, percent7%
Black / African American, percent9%
Asian, percent16%

Shopify Employee Rating

4.21115 votes
Culture & Values
4.3
Work/Life Balance
4.1
Senior Management
3.9
Salary & Benefits
4.3
Career Opportunities
3.9
Source