Lightspeed Commerce (LSPD) Financials

$10.69 +0.12 (+1.14%)

Closing price 03:59 PM Eastern

Extended Trading

$10.65 -0.04 (-0.38%)

As of 04:37 PM Eastern

Annual Income Statements for Lightspeed Commerce

This table shows Lightspeed Commerce's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020
Net Income / (Loss) Attributable to Common Shareholders	-165	-1,076	-295	-108	-60
Consolidated Net Income / (Loss)	-164	-1,070	-288	-124	-54
Net Income / (Loss) Continuing Operations	-164	-1,070	-288	-124	-54
Total Pre-Tax Income	-160	-1,074	-315	-130	-57
Total Operating Income	-203	-1,099	-318	-130	-58
Total Gross Profit	385	332	271	128	81
Total Revenue	909	731	548	222	121
Operating Revenue	909	731	548	222	121
Total Cost of Revenue	524	399	277	94	40
Operating Cost of Revenue	524	399	277	94	40
Total Operating Expenses	588	1,431	590	257	139
Selling, General & Admin Expense	104	106	95	53	21
Marketing Expense	234	250	217	127	61
Research & Development Expense	129	140	121	55	33
Depreciation Expense	15	14	13	6.36	4.24
Amortization Expense	95	102	92	-	9.23
Other Operating Expenses / (Income)	0.88	-0.20	0.61	2.10	-0.40
Impairment Charge	0.00	749	0.00	-	-
Restructuring Charge	10	70	51	14	11
Total Other Income / (Expense), net	43	25	2.99	-0.35	1.77
Interest & Investment Income	43	25	2.99	-0.35	1.77
Income Tax Expense	3.48	-4.22	-27	-5.79	-3.11
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	0.99	5.73	7.04	-16	6.27
Basic Earnings per Share	($1.07)	($7.11)	($2.04)	($1.18)	($0.62)
Weighted Average Basic Shares Outstanding	307.10M	-	-	128.53M	-
Diluted Earnings per Share	($1.07)	($7.11)	($2.04)	($1.18)	($0.62)
Weighted Average Diluted Shares Outstanding	307.10M	-	-	128.53M	-
Weighted Average Basic & Diluted Shares Outstanding	307.10M	-	-	128.53M	-

No quarterly income statements for Lightspeed Commerce are available.

This table details how cash moves in and out of Lightspeed Commerce's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020
Net Change in Cash & Equivalents	-78	-154	147	596	3.27
Net Cash From Operating Activities	-98	-125	-105	-93	-29
Net Cash From Continuing Operating Activities	-102	-169	-105	-95	-34
Net Income / (Loss) Continuing Operations	-164	-1,070	-285	-124	-54
Consolidated Net Income / (Loss)	-164	-1,070	-285	-124	-54
Depreciation Expense	15	14	13	6.36	4.24
Amortization Expense	95	102	92	30	9.23
Non-Cash Adjustments To Reconcile Net Income	32	846	98	27	4.42
Changes in Operating Assets and Liabilities, net	-80	-61	-23	-35	2.09
Net Cash From Investing Activities	26	8.82	-570	-235	-120
Net Cash From Continuing Investing Activities	26	8.82	-570	-235	-120
Purchase of Property, Plant & Equipment	-18	-13	-11	-1.79	-3.61
Purchase of Investments	0.00	-1.52	-	-	-
Sale and/or Maturity of Investments	44	23	-	0.00	-
Net Cash From Financing Activities	-6.23	-35	824	922	154
Net Cash From Continuing Financing Activities	-6.23	-35	824	922	154
Repayment of Debt	-8.23	-39	0.00	-5.91	-4.05
Repurchase of Common Equity	-0.11	-0.19	-	-45	-6.89
Issuance of Debt	-0.04	-1.06	824	-	30
Other Financing Activities, net	2.14	4.71	-	21	3.55

No quarterly cash flow statements for Lightspeed Commerce are available.

This table presents Lightspeed Commerce's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020
Total Assets	2,575	2,669	3,620	2,105	478
Total Current Assets	918	934	1,042	858	233
Cash & Equivalents	722	800	954	807	211
Accounts Receivable	62	55	46	25	11
Inventories, net	16	13	7.54	1.57	0.93
Other Current Assets	43	37	36	24	10
Plant, Property, & Equipment, net	20	19	16	8.34	7.99
Total Noncurrent Assets	1,637	1,715	2,561	1,239	237
Goodwill	1,349	1,351	2,104	972	147
Intangible Assets	227	311	410	234	63
Noncurrent Deferred & Refundable Income Taxes	0.55	0.30	0.15	0.17	0.11
Other Noncurrent Operating Assets	60	53	47	33	28
Total Liabilities & Shareholders' Equity	2,575	2,669	3,620	2,105	478
Total Liabilities	163	171	221	171	134
Total Current Liabilities	145	150	158	113	71
Accounts Payable	69	69	78	65	31
Current Deferred & Payable Income Tax Liabilities	1.71	6.92	6.72	0.11	0.08
Other Current Liabilities	74	75	73	48	40
Total Noncurrent Liabilities	17	21	62	54	63
Other Noncurrent Operating Liabilities	17	20	25	23	27
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,412	2,497	3,399	1,934	344
Total Preferred & Common Equity	2,412	2,497	3,399	1,934	344
Total Common Equity	2,412	2,497	3,399	1,934	344
Common Stock	4,363	4,497	4,199	2,526	852
Retained Earnings	-2,160	-1,996	-926	-638	-513
Accumulated Other Comprehensive Income / (Loss)	-4.05	-3.06	2.68	9.72	-6.27
Other Equity Adjustments	214	-	124	36	12

No quarterly balance sheets for Lightspeed Commerce are available.

This table displays calculated financial ratios and metrics derived from Lightspeed Commerce's official financial filings.

Metric	2024	2023	2022	2021	2020
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020
Growth Metrics	-	-	-	-	-
Revenue Growth	24.47%	33.21%	147.32%	83.80%	0.00%
EBITDA Growth	90.51%	-360.15%	-129.31%	-107.46%	0.00%
EBIT Growth	81.53%	-245.24%	-145.41%	-122.09%	0.00%
NOPAT Growth	81.53%	-245.24%	-145.41%	-122.09%	0.00%
Net Income Growth	84.68%	-270.97%	-132.09%	-132.16%	0.00%
EPS Growth	84.95%	-248.53%	-72.88%	-90.32%	0.00%
Operating Cash Flow Growth	22.04%	-18.81%	-13.31%	-225.97%	0.00%
Free Cash Flow Firm Growth	-332.11%	102.56%	-41.48%	0.00%	0.00%
Invested Capital Growth	-3.04%	-32.65%	113.48%	612.32%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	42.37%	45.44%	49.45%	57.58%	67.12%
EBITDA Margin	-10.27%	-134.67%	-38.99%	-42.05%	-37.25%
Operating Margin	-22.33%	-150.45%	-58.05%	-58.50%	-48.42%
EBIT Margin	-22.33%	-150.45%	-58.05%	-58.50%	-48.42%
Profit (Net Income) Margin	-18.03%	-146.48%	-52.60%	-56.05%	-44.37%
Tax Burden Percent	102.17%	99.61%	91.46%	95.55%	94.51%
Interest Burden Percent	79.05%	97.74%	99.06%	100.27%	96.98%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-8.65%	-37.13%	-12.26%	-13.73%	-25.10%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.96%	-2.81%	-4.53%	-6.72%	-18.13%
Return on Net Nonoperating Assets (RNNOA)	1.97%	0.84%	1.44%	2.82%	9.55%
Return on Equity (ROE)	-6.68%	-36.29%	-10.82%	-10.91%	-15.56%
Cash Return on Invested Capital (CROIC)	-5.56%	1.90%	-84.66%	-164.49%	0.00%
Operating Return on Assets (OROA)	-7.74%	-34.95%	-11.12%	-10.04%	-12.21%
Return on Assets (ROA)	-6.25%	-34.03%	-10.08%	-9.62%	-11.19%
Return on Common Equity (ROCE)	-6.68%	-36.29%	-10.82%	-10.91%	-15.56%
Return on Equity Simple (ROE_SIMPLE)	-6.80%	-42.84%	-8.49%	-6.43%	-15.56%
Net Operating Profit after Tax (NOPAT)	-142	-769	-223	-91	-41
NOPAT Margin	-15.63%	-105.31%	-40.64%	-40.95%	-33.89%
Net Nonoperating Expense Percent (NNEP)	-2.69%	-34.32%	-7.73%	-7.01%	-6.98%
Cost of Revenue to Revenue	57.63%	54.56%	50.55%	42.42%	32.88%
SG&A Expenses to Revenue	11.41%	14.50%	17.37%	23.92%	17.69%
R&D to Revenue	14.23%	19.23%	22.09%	24.94%	27.15%
Operating Expenses to Revenue	64.70%	195.89%	107.50%	116.08%	115.53%
Earnings before Interest and Taxes (EBIT)	-203	-1,099	-318	-130	-58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-93	-984	-214	-93	-45
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.89	0.78	1.15	4.17	0.00
Price to Tangible Book Value (P/TBV)	2.58	2.34	4.42	11.09	0.00
Price to Revenue (P/Rev)	2.37	2.67	7.14	36.41	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.89	0.69	1.21	6.29	0.00
Enterprise Value to Revenue (EV/Rev)	1.58	1.58	5.46	32.90	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	29.25	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	0.00	0.01	0.02	0.09
Long-Term Debt to Equity	0.00	0.00	0.01	0.02	0.09
Financial Leverage	-0.33	-0.30	-0.32	-0.42	-0.53
Leverage Ratio	1.07	1.07	1.07	1.13	1.39
Compound Leverage Factor	0.84	1.04	1.06	1.14	1.35
Debt to Total Capital	0.00%	0.00%	0.87%	1.52%	7.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.87%	1.52%	7.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	99.13%	98.48%	92.06%
Debt to EBITDA	0.00	0.00	-0.14	-0.32	-0.66
Net Debt to EBITDA	0.00	0.00	4.32	8.34	4.03
Long-Term Debt to EBITDA	0.00	0.00	-0.14	-0.32	-0.66
Debt to NOPAT	0.00	0.00	-0.13	-0.33	-0.73
Net Debt to NOPAT	0.00	0.00	4.15	8.56	4.43
Long-Term Debt to NOPAT	0.00	0.00	-0.13	-0.33	-0.73
Altman Z-Score	7.22	5.05	10.44	28.22	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	6.35	6.21	6.60	7.56	3.29
Quick Ratio	5.42	5.68	6.33	7.34	3.13
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-91	39	-1,539	-1,088	0.00
Operating Cash Flow to CapEx	-537.10%	-954.84%	-989.86%	-5,187.51%	-791.08%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.35	0.23	0.19	0.17	0.25
Accounts Receivable Turnover	15.53	14.52	15.55	12.44	11.09
Inventory Turnover	35.73	39.11	60.84	75.10	42.56
Fixed Asset Turnover	45.48	40.64	44.23	27.15	15.10
Accounts Payable Turnover	7.62	5.42	3.87	1.96	1.29
Days Sales Outstanding (DSO)	23.51	25.13	23.47	29.34	32.92
Days Inventory Outstanding (DIO)	10.22	9.33	6.00	4.86	8.58
Days Payable Outstanding (DPO)	47.89	67.38	94.38	186.00	283.49
Cash Conversion Cycle (CCC)	-14.17	-32.91	-64.91	-151.80	-242.00
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	1,617	1,668	2,476	1,160	163
Invested Capital Turnover	0.55	0.35	0.30	0.34	0.74
Increase / (Decrease) in Invested Capital	-51	-809	1,316	997	0.00
Enterprise Value (EV)	1,433	1,151	2,992	7,295	0.00
Market Capitalization	2,155	1,951	3,916	8,073	0.00
Book Value per Share	$7.86	$0.00	$26.45	$15.05	$0.00
Tangible Book Value per Share	$2.72	$0.00	$6.89	$5.66	$0.00
Total Capital	2,412	2,497	3,429	1,964	374
Total Debt	0.00	0.00	30	30	30
Total Long-Term Debt	0.00	0.00	30	30	30
Net Debt	-722	-800	-924	-777	-181
Capital Expenditures (CapEx)	18	13	11	1.79	3.61
Debt-free, Cash-free Net Working Capital (DFCFNWC)	51	-16	-69	-63	-49
Debt-free Net Working Capital (DFNWC)	773	784	885	744	162
Net Working Capital (NWC)	773	784	885	744	162
Net Nonoperating Expense (NNE)	22	301	66	33	13
Net Nonoperating Obligations (NNO)	-795	-830	-923	-774	-181
Total Depreciation and Amortization (D&A)	110	115	105	36	13
Debt-free, Cash-free Net Working Capital to Revenue	5.62%	-2.23%	-12.58%	-28.36%	-40.26%
Debt-free Net Working Capital to Revenue	85.04%	107.31%	161.32%	335.66%	134.62%
Net Working Capital to Revenue	85.04%	107.31%	161.32%	335.66%	134.62%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.07)	($7.11)	($2.04)	($1.18)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	307.10M	0.00	0.00	128.53M	0.00
Adjusted Diluted Earnings per Share	($1.07)	($7.11)	($2.04)	($1.18)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	307.10M	0.00	0.00	128.53M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	307.10M	0.00	0.00	128.53M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-135	-196	-187	-81	-33
Normalized NOPAT Margin	-14.84%	-26.82%	-34.09%	-36.67%	-27.46%
Pre Tax Income Margin	-17.65%	-147.05%	-57.51%	-58.66%	-46.95%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.06%	-0.02%	0.00%	-36.47%	-12.88%

No quarterly metrics and ratios for Lightspeed Commerce are available.

Frequently Asked Questions About Lightspeed Commerce's Financials

When does Lightspeed Commerce's financial year end?

According to the most recent income statement we have on file, Lightspeed Commerce's fiscal year ends in March. Their fiscal year 2024 ended on March 31, 2024.

How has Lightspeed Commerce's net income changed over the last 4 years?

Lightspeed Commerce's net income appears to be on an upward trend, with a most recent value of -$163.96 million in 2024, rising from -$53.53 million in 2020. The previous period was -$1.07 billion in 2023. View Lightspeed Commerce's forecast to see where analysts expect Lightspeed Commerce to go next.

What is Lightspeed Commerce's operating income?

Lightspeed Commerce's total operating income in 2024 was -$203.02 million, based on the following breakdown:

Total Gross Profit: $385.25 million
Total Operating Expenses: $588.27 million

How has Lightspeed Commerce revenue changed over the last 4 years?

Over the last 4 years, Lightspeed Commerce's total revenue changed from $120.64 million in 2020 to $909.27 million in 2024, a change of 653.7%.

How much debt does Lightspeed Commerce have?

Lightspeed Commerce's total liabilities were at $162.75 million at the end of 2024, a 5.0% decrease from 2023, and a 21.2% increase since 2020.

How much cash does Lightspeed Commerce have?

In the past 4 years, Lightspeed Commerce's cash and equivalents has ranged from $210.97 million in 2020 to $953.65 million in 2022, and is currently $722.10 million as of their latest financial filing in 2024.

How has Lightspeed Commerce's book value per share changed over the last 4 years?

Over the last 4 years, Lightspeed Commerce's book value per share changed from 0.00 in 2020 to 7.86 in 2024, a change of 785.6%.

Related Companies

This page (NYSE:LSPD) was last updated on 5/29/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Lightspeed Commerce (LSPD) Financials

Frequently Asked Questions About Lightspeed Commerce's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Lightspeed Commerce (LSPD) Financials

Annual Income Statements for Lightspeed Commerce

Quarterly Income Statements for Lightspeed Commerce

Annual Cash Flow Statements for Lightspeed Commerce

Quarterly Cash Flow Statements for Lightspeed Commerce

Annual Balance Sheets for Lightspeed Commerce

Quarterly Balance Sheets for Lightspeed Commerce

Annual Metrics And Ratios for Lightspeed Commerce

Quarterly Metrics And Ratios for Lightspeed Commerce

Frequently Asked Questions About Lightspeed Commerce's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools