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Our tailor-made investment solutions are personalized to meet your specific objectives. Our mission is to offer our clients an exceptional wealth management experience. Customer satisfaction is our goal.
Our tailor-made investment solutions are personalized to meet your specific objectives. Our mission is to offer our clients an exceptional wealth management experience. Customer satisfaction is our goal.
Issue 21: Lightspeed: Some Short-Term Pain for Long Term Gain
Lightspeed Commerce (LSPD:TSX/NYSE) reported fourth quarter 2023 and full fiscal year 2023 results last Thursday before the open. For Q4, EBITDA (earnings before interest, taxes, depreciation, and amortization) showed a loss of US$4.3 million and a loss of $0.49 per share, which bettered management’s expectations. A loss of $19.7 million was recorded in Q1/2022. Revenue came in at $184.2 million versus an estimated $183.8 million. Given the fact there were no acquisitions last year, revenue growth of 26% was “organic” while Gross Payments Volume (GPV) was up by 70% on a year-over-year basis.
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By Charles Marleau CIM® and William Mitchell CIM®
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