Lightspeed Commerce Inc (Lightspeed) is a provider of retail and e-commerce cloud-based POS systems and software. It offers software solutions to manage sales, accounting, marketing, inventory management and customer management. The company also provides POS hardware which includes iPad kiosk, desktop hardware kits, templates, omnichannel, onsite POS, label printers, cash drawers, barcode scanners and card swipes. Lightspeed’s mobile app and restaurant apps enable clients to provide better customer service. It offers services for retailers, restaurants band e-commerce business clients. The company operates its business in Australia, Belgium, Canada, the Netherlands, the UK and the US among others. Lightspeed is headquartered in Montreal, Quebec, Canada
Headquarters
Canada
Address
Suite 300, 700 Saint-Antoine Street East, Montreal, Quebec, H2Y1A6
Website
www.lightspeedhq.com
Telephone
1 514 9071801
No of Employees
3,000
Industry
Technology and Communications
Ticker Symbol & Exchange
LSPD (TSE)
Revenue (2023)
$730.5M
33.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-271%
(2023 vs 2022)
Market Cap*
$2.0B
Net Profit Margin (2023)
XYZ
-178.5%
(2023 vs 2022)
* As of and is in US$
Lightspeed Commerce Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| LAN Receipt Printer | Retail POS solutions |
| Cash Drawer | Restaurant POS |
| Bluetooth Barcode Scanner | E-commerce Apps |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In January, the company introduced the Lightspeed Scheduling. |
| 2024 | Contracts/Agreements | In January, the company entered into a partnership with Linnworks to provide ePOS integration. |
| 2024 | Contracts/Agreements | In January, the company entered into a partnership with GreatLIFE Golf & Fitness to provide specialized technology solutions for the courses in GreatLIFE's portfolio. |
Competitor Comparison
| Key Parameters | Lightspeed Commerce Inc | IHS Markit Ltd (Inactive) | Verisk Analytics Inc | Symbility Solutions Inc. | Onesoft Solutions Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | United Kingdom | United States of America | Canada | Canada |
| City | Montreal | London | Jersey City | Toronto | Edmonton |
| State/Province | Quebec | England | New Jersey | Ontario | Alberta |
| No. of Employees | 3,000 | 16,000 | 7,000 | 174 | 38 |
| Entity Type | Public | Private | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dax Dasilva | Director; Founder; Chief Executive Officer - Interim | Executive Board | 2024 | - |
| Patrick Pichette | Chairman - Interim | Executive Board | 2024 | - |
| Asha Bakshani | Chief Financial Officer | Senior Management | 2022 | - |
| Kady Srinivasan | Chief Marketing Officer | Senior Management | 2022 | - |
| Daniel Micak | Chief Legal Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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