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Bullboard - Stock Discussion Forum
Shopify Subordinate Voting Ord Shs Class A
T.SHOP
Alternate Symbol(s):
SHOP
Technology
Information Technology Services
Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to...
run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.
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TSX:SHOP - Post Discussion
Shopify Subordinate Voting Ord Shs Class A
> Still no positive earnings going into a 2023 recession
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(6)
•••
Bertanderson
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Post by
Bertanderson
on Dec 12, 2022 12:10pm
Still no positive earnings going into a 2023 recession
Net loss
was $158.4 million, or loss of $0.12
per basic and diluted share
, compared with net income of $1.1 billion, or $0.90
5
per diluted share for the third quarter of 2021. Third quarter 2022 net loss includes a $171.9 million net gain on our equity and other investments, while our net income in the third quarter of 2021 included a $1.3 billion net unrealized gain from equity and other investments.
New lows are still ahead....
(158)
•••
DeanEdmonton
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Comment by
DeanEdmonton
on Dec 13, 2022 11:47am
I agree with you. A ccompany that has been around this long and is still losing money, is not something I want to invest in.
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