Financials Lightspeed Commerce Inc.

Equities

LSPD

CA53229C1077

Software

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-12-05 pm EST			5-day change	1st Jan Change
23.98 ^CAD	-1.19%		-7.56%	-13.80%

Dec. 02	National Bank on Lightspeed Reorganization	MT
Dec. 02	Toronto Stocks Pull Back; Lightspeed Commerce Shares Fall on Layoff Plans	DJ

Projected Income Statement: Lightspeed Commerce Inc.

income-statement-evolution-chart LIGHTSPEED-COMMERCE-INC

Fiscal Period: März	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	120.6	221.7	548.4	730.5	909.3	1,099	1,301	1,514
Change	-	83.8%	147.32%	33.21%	24.47%	20.87%	18.34%	16.39%
EBITDA ¹	-21.66	-21.2	-41.52	-33.88	1.265	50.65	83.27	119.8
Change	-	-2.13%	95.83%	-18.39%	-	3,903.67%	64.42%	43.83%
EBIT ¹	-35.13	-57.68	-146.1	-350.3	-203	-144.8	-112.9	21.18
Change	-	64.21%	153.22%	139.85%	-42.05%	28.69%	22.01%	-
Interest Paid	1.766	-0.353	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-56.64	-130.1	-315.4	-1,074	-160.5	-109.5	-61.59	-19.37
Change	-	129.64%	142.45%	240.64%	-85.06%	31.78%	43.74%	68.55%
Net income ¹	-53.53	-124.3	-288.4	-1,070	-164	-118.7	-80.98	-26.54
Change	-	132.16%	132.09%	270.97%	-84.68%	27.58%	31.8%	67.23%
Announcement Date	5/21/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: March	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	32.28	36.27	36.23	45.49	57.61	82.4	115.9	133.2	152.7	146.6	173.9	183.7	188.7	184.2	209.1	230.3	239.7	230.2	266.1	277.2	283.1	273	312.6	325.6	339.8	326.3	382.9	395
Change	-	12.38%	-0.12%	25.57%	26.64%	43.02%	40.69%	14.92%	14.61%	-4.01%	18.64%	5.65%	2.72%	-2.37%	13.49%	10.13%	4.09%	-3.95%	15.58%	4.17%	2.12%	-3.56%	14.51%	4.15%	4.37%	-3.99%	17.36%	3.16%
EBITDA ¹	-5.253	-6.178	-2.206	-2.813	-11.28	-9.621	-6.014	-8.654	-7.108	-19.74	-15.6	-8.523	-5.409	-4.348	-7.011	0.242	3.643	4.391	10.22	13.96	14.46	12.74	19.86	22.33	25.06	21.68	28.8	30.18
Change	-	17.61%	-64.29%	27.52%	301.1%	-14.73%	-37.49%	43.9%	-17.86%	177.7%	-20.96%	-45.37%	-36.54%	-19.62%	61.25%	-	1,405.37%	20.53%	132.82%	36.51%	3.59%	-11.85%	55.88%	12.43%	12.22%	-13.48%	32.84%	4.78%
EBIT ¹	-8.441	-11.81	-21.33	-20.65	-20.96	-25.07	-51.16	-74.78	-78.55	-49.71	-104.9	-86.82	-75.78	-82.84	-58.24	-51.99	-51.51	-41.28	-44.08	-37.88	-29.78	-31.65	-23.63	-24.17	-23.87	-25.49	-22.12	-21.65
Change	-	39.9%	80.66%	-3.22%	1.51%	19.63%	104.05%	46.18%	5.04%	-36.71%	111%	-17.23%	-12.71%	9.31%	-29.69%	-10.74%	-0.92%	-19.85%	6.77%	-14.06%	21.37%	-6.25%	25.32%	-2.29%	1.27%	-6.79%	13.23%	2.1%
Charge d'intérêts	-	-0.226	-0.301	-0.132	-0.067	0.147	-	0.719	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-16.16	-20.71	-21.64	-20.78	-44.68	-42.98	-50.93	-74.06	-77.52	-112.8	-102.9	-81.96	-816.2	-73.18	-47.88	-41.24	-40.61	-30.76	-33.91	-28.34	-24.33	-25.55	-12.92	-12.61	-11.25	-13.76	-4.983	-3.23
Change	-	28.1%	4.48%	-3.96%	115.02%	-3.79%	18.5%	45.42%	4.67%	45.56%	-8.82%	-20.33%	895.78%	-91.03%	-34.58%	-13.87%	-1.53%	-24.26%	10.25%	-16.44%	14.13%	-5%	49.44%	2.34%	10.8%	-22.26%	63.78%	35.17%
Net income ¹	-15.76	-18.6	-20.12	-19.47	-42.65	-42.04	-49.34	-59.09	-65.49	-114.5	-100.8	-79.94	-814.8	-74.47	-48.7	-42.49	-40.23	-32.54	-35.01	-29.66	-27.97	-26.42	-12.47	-11.45	-17.45	-11.64	2.048	4.28
Change	-	17.99%	8.17%	-3.23%	119.11%	-1.42%	17.34%	19.76%	10.84%	74.86%	-11.98%	-20.69%	919.23%	-90.86%	-34.6%	-12.75%	-5.33%	-19.11%	7.6%	-15.3%	5.69%	5.52%	52.81%	8.17%	-52.37%	33.3%	-	108.99%
Announcement Date	2/6/20	5/21/20	8/6/20	11/5/20	2/4/21	5/20/21	8/5/21	11/4/21	2/2/22	5/19/22	8/4/22	11/3/22	2/2/23	5/18/23	8/3/23	11/2/23	2/8/24	5/16/24	8/1/24	11/7/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Lightspeed Commerce Inc.

balance-sheet-analysis-chart LIGHTSPEED-COMMERCE-INC

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-164	-777	-924	-800	-722	-673	-720	-824
Change	-	-573.78%	-218.92%	-186.58%	-190.25%	-193.2%	-206.98%	-214.44%
Announcement Date	5/21/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Lightspeed Commerce Inc.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	3.609	1.794	10.65	9.227	7.506	10.7	14.67	17.82
Change	-	-50.29%	493.81%	-13.39%	-18.65%	42.62%	37.02%	21.48%
Free Cash Flow (FCF) ¹	-32.16	-94.86	-97.87	-134.5	-105.2	-35.75	36.01	68.39
Change	-	194.97%	3.18%	37.44%	-21.81%	-66.01%	-200.73%	89.93%
Announcement Date	5/21/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Lightspeed Commerce Inc.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-17.95%	-9.56%	-7.57%	-4.64%	0.14%	4.61%	6.4%	7.91%
EBIT Margin (%)	-29.12%	-26.01%	-26.64%	-47.96%	-22.33%	-13.17%	-8.68%	1.4%
EBT Margin (%)	-46.95%	-58.66%	-57.51%	-147.05%	-17.65%	-9.96%	-4.74%	-1.28%
Net margin (%)	-44.37%	-56.05%	-52.6%	-146.48%	-18.03%	-10.8%	-6.23%	-1.75%
FCF margin (%)	-26.66%	-42.78%	-17.85%	-18.41%	-11.57%	-3.25%	2.77%	4.52%
FCF / Net Income (%)	60.08%	76.33%	33.93%	12.57%	64.14%	30.11%	-44.46%	-257.68%
Profitability
ROA	-14.58%	-9.62%	-10.08%	-0.8%	-6.25%	-5.07%	-3.09%	-1.77%
ROE	-19.8%	-10.91%	-10.82%	-36.29%	-6.68%	2.69%	4.83%	5.86%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	2.99%	0.81%	1.94%	1.26%	0.83%	0.97%	1.13%	1.18%
CAPEX / EBITDA (%)	-16.66%	-8.46%	-25.66%	-27.23%	593.36%	21.14%	17.61%	14.88%
CAPEX / FCF (%)	-11.22%	-1.89%	-10.88%	-6.86%	-7.14%	-29.95%	40.73%	26.05%
Items per share
Cash flow per share ¹	-0.332	-0.8845	-0.616	-	-0.6352	0.1745	0.3326	-
Change	-	166.42%	-30.36%	-	-	-127.47%	90.6%	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	3.732	15.05	22.87	-	15.69	14.96	14.67	14.68
Change	-	303.23%	51.94%	-	-	-4.63%	-1.93%	0.07%
EPS ¹	-0.62	-1.18	-2.04	-7.11	-1.07	-0.7396	-0.4448	-0.2045
Change	-	90.32%	72.88%	248.53%	-84.95%	-30.88%	-39.86%	-54.03%
Nbr of stocks (in thousands)	92,165	128,324	148,414	150,768	153,390	151,923	151,923	151,923
Announcement Date	5/21/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-	-