Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada. The company develops and runs a cloud-based platform for multi-channel subscription and merchant commerce by small and medium-sized businesses. The company operates mainly in the US, the UK, Canada, and Australia. Using the Shopify... Show More
𝗜𝘀 𝗦𝗵𝗼𝗽𝗶𝗳𝘆 𝘀𝘁𝗶𝗹𝗹 𝗮 𝘄𝗶𝗻𝗻𝗲𝗿 𝗶𝗻 𝟮𝟬𝟮𝟭?
As the coronavirus pandemic began to ravage the world last year, Canadian based $SHOP (Shopify Inc.) was a large beneficiary of the migration of retail trade from brick-and-mortar stores to online. Shopify allowed retail merchants to move... Show More
$SHOP (Shopify Inc.) is indeed a compounding machine, although they declined to issue revenue guidance for 2021 in the last earnings release (so do not expect 2020 again). Solid business model with a premium price tag at a PE Ratio of 540. As the company continues to expand worldwide you might expect... Show More
Yeah, not giving guidance has become common place during the coronavirus.
As $SHOP (Shopify Inc.) are still reinvesting into their business, price to earnings isn't an appropriate valuation multiple in my opinion. The bigger marketplaces are likely the main threats to SHOP but smaller up and coming... Show More