8 Articles
8 Articles
channelnews : Shopify Shares Slip Despite Revenue Beat
Shares in Canadian e-commerce giant Shopify dipped this week as the company posted a wider-than-expected Q1 loss and issued a cautious profit forecast, despite revenue and gross merchandise volume (GMV) growth that largely met expectations. Shopify reported first-quarter revenue of US$2.36 billion (A$3.61 billion), up 27% year-on-year and slightly ahead of analyst forecasts. GM, representing the total value of sales processed through the platfor…
Shopify’s Q1 2025 Net Loss Swells 150%, Undermining Revenue and Cash Flow Gains
Shopify (TSX: SHOP) has reported Q1 2025 results: revenue surged 27% YoY to $2.36 billion, led by merchant solutions, which jumped 29% to $1.74 billion, while subscription solutions increased 21% to $620 million. Gross profit rose 22% to $1.17 billion, with gross margin stable at roughly 49.5%. Operating expenses grew 11% to $966 million, led […]
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