Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Lightspeed Commerce Inc T.LSPD

Alternate Symbol(s):  LSPD

Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company’s cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks. Its one-stop commerce platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. The Company's products include retail, e-commerce, restaurant and golf. It offers Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Advanced Reporting, Scanner and others. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. It provides cloud-based Point of Sale systems for retail stores and restaurants. It has customers globally in over 100 countries.


TSX:LSPD - Post by User

Post by denlepon Nov 04, 2021 3:31pm
605 Views
Post# 34088441

TD new mid-day comments = BUY THE DIP

TD new mid-day comments = BUY THE DIPBuy the dip. The stock is trading down 28% following a quarter where Lightspeed beat expectations. We believe the sell-off is largely a result of the quarter and guidance not exceeding expectations enough. F2022 revenue guidance increased by $7.5mm, while Q2/F22 revenue beat the midpoint of guidance by $11.2mm. While we understand the negative sentiment, especially following the short report, we believe the reaction is overdone. Following ecommerce peers reporting that consumer spending may have shifted back to in-store retail and services, expectations may have been elevated for Lightspeed. The lockdowns in Australia, where Lightspeed has 25k customer locations, may have impacted the quarter and guidance. Moreover, supply chain constraints are causing management to be cautious of their guidance. We believe that both of these factors are temporary and that management is being prudent. There is nothing material in the results or our conversations with management to change our thesis. We would be buying on the weakness. Management is baking some GTV caution into the guidance. The supply constraint is largely expected to create uncertainty around merchants' ability to source supplies to sell. The constraints are not expected to impact Lightspeed's rollout of its solutions. Our discussion with management suggested that they are baking in the following assumptions to their GTV: an APAC scenario similar to postlockdown last year; normalized seasonality following a strong summer for home, garden, and bicycles; and more normalized seasonality for the March quarter. We believe management is being understandably prudent. But payments has been rolled out globally. We would look beyond the potential supply chain challenges and lockdowns, and look to the payments opportunity that the rollout to Europe and APAC brings, where Lightspeed has a stronger hospitality footprint. While it will take time to gain adoption, we believe that growing adoption combined with increased consumer spending on services should drive considerable payments revenue growth.
<< Previous
Bullboard Posts
Next >>