Lightspeed Commerce Inc T.LSPD

Solid strategy

[equityresearch]

Being a one-stop-shop for point of sale, order management, inventory management, accounting, e-commerce, capital and payments sets them apart from competitors. Hard for existing customers to switch products easily which should lead to significant growth in revenue and earnings as time goes on. The acquisitions made over the past few years has accelerated their product offerings and appears to be a solid strategy.

[equityresearch]

Whether this goes up or down tomorrow following earnings, the long-term strategy seems solid. Greater attachment of payments to existing customers should lead to continued strong revenue growth.