Shopify Inc - Ordinary Shares - Class A

NYSE:SHOP   3:59:59 PM EDT
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Other Pre-Announcement

Shopify Q1 Total Revenue Up 22% To $1.2 Billion

Published: 05/05/2022 13:15 GMT
Shopify Inc - Ordinary Shares - Class A (SHOP) - Total Revenue in the First Quarter Grew 22% to $1.2 Billion.
Monthly Recurring Revenue As of March 31, 2022 Was $105.2 Million.
Gross Merchandise Volume ("gmv") for the First Quarter Was $43.2 Billion.
Net Loss for the First Quarter of 2022 Was $1.5 Billion, Or $11.70 per Basic and Diluted Share.
Qtrly Adjusted Earnings per Share $0.20.
For 2022, Expect Year-over-year Revenue Growth to Be Lower in the First Half and Highest in the Fourth Quarter of 2022.
Shopify - to Acquire Deliverr in Deal Valued at About $2.1 Billion, Consisting of About 80% in Cash & 20% in Shopify Class A Subordinate Voting Shares.
For 2022, Expect Merchant Solutions Revenue Growth to Be More Than Twice Rate of Subscription Solutions Revenue Growth Year-over-year.
Shopify - Deliverr's Key Management Elected to Take Significant Portion of Stockholder Consideration As Shopify Class A Subordinate Voting Shares.
Q1 Earnings per Share View $0.68, Revenue View $1.25 Billion -- Refinitiv Ibes Data (analyst estimates).
For 2022, Subscriptions Solutions Revenue Growth to Be at a Level Comparable to That in 2021.
Sees Deliverr Deal to Be Dilutive to Operating Margin This Year.
Further Company Coverage: .
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