Shopify
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 2.9b | 4.6b | 5.6b | 7.1b | 8.6b | 10.4b | 12.6b |
| % growth | 86 % | 57 % | 21 % | 26 % | 22 % | 20 % | 21 % |
| EBITDA | 160m | 335m | (732m) | (88.0m) | 1.4b | 1.8b | 2.5b |
| % EBITDA margin | 5 % | 7 % | (13 %) | (1 %) | 16 % | 17 % | 20 % |
| Profit | 320m | 2.9b | (3.5b) | 132m | 471m | 1.3b | 1.8b |
| % profit margin | 11 % | 63 % | (62 %) | 2 % | 5 % | 12 % | 14 % |
| EV / revenue | 45.5x | 36.0x | 7.2x | 13.6x | 10.5x | 8.6x | 6.9x |
| EV / EBITDA | 831.6x | 496.0x | -54.7x | -1092.0x | 66.8x | 49.2x | 34.4x |
| R&D budget | 552m | 854m | 1.5b | 1.7b | - | - | - |
| R&D % of revenue | 19 % | 19 % | 27 % | 25 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$250k | Seed | ||
$7.0m | Series A | ||
$15.0m | Series B | ||
$100m | Series C | ||
| N/A | $131m Valuation: $1.3b | IPO | |
| Total Funding | $122m | ||
Related Content
Recent News about Shopify
EditShopify Inc. is a leading e-commerce platform that enables businesses of all sizes to create and manage their own online stores. Founded in 2006 and headquartered in Ottawa, Canada, Shopify serves a diverse range of clients, from small startups to large enterprises, across various industries. The platform is designed to be user-friendly, allowing merchants to set up their online stores quickly without needing extensive technical knowledge.
Shopify operates in the global e-commerce market, which has seen significant growth in recent years. The company provides a comprehensive suite of services, including website design, payment processing, shipping, and customer engagement tools. This makes it a one-stop solution for businesses looking to establish and grow their online presence.
The business model of Shopify is subscription-based. Merchants pay a monthly fee to use the platform, with different pricing tiers available depending on the features and services required. In addition to subscription fees, Shopify also earns revenue through transaction fees on sales made through its platform and through the sale of additional services and apps available in its ecosystem.
Shopify's ecosystem is a significant strength, comprising app developers, theme designers, and other partners who contribute to the platform's functionality and customization options. This ecosystem not only enhances the user experience but also drives the growth of Shopify's merchant base.
The company leverages data from billions of interactions accumulated over the years to improve its services through machine learning. This data advantage helps Shopify continuously innovate and adapt to the rapid changes in the e-commerce landscape.
In summary, Shopify is a robust e-commerce platform that empowers businesses to create and manage online stores with ease. Its subscription-based model, extensive ecosystem, and data-driven approach make it a formidable player in the global e-commerce market.
Keywords: e-commerce, online stores, subscription-based, payment processing, shipping, customer engagement, app developers, theme designers, machine learning, global market.
