Lightspeed (TSX: LSPD) is a cloud-based commerce platform powering small and medium-sized businesses in over 100 countries around the world. With smart, scalable, and dependable point of sale systems, it's an all-in-one solution that helps restaurants and retailers sell across channels, manage operations, engage with consumers, accept payments, and grow their business. Headquartered in Montréal, Canada, Lightspeed is trusted by favorite local businesses, where the community goes to shop and dine. Lightspeed has offices in Canada, USA, Europe, and Australia.

Leading omnichannel commerce platform

Lightspeed (TSX: LSPD) is a cloud-based commerce platform powering small and medium-sized businesses in over 100 countries around the world. With smart, scalable, and dependable point of sale systems, it's an all-in-one solution that helps restaurants and retailers sell across channels, manage operations, engage with consumers, accept payments, and grow their business. Headquartered in Montréal, Canada, Lightspeed is trusted by favorite local businesses, where the community goes to shop and dine. Lightspeed has offices in Canada, USA, Europe, and Australia.

Massive addressable global market

According to AMI Partners, there are approximately 226 million small and medium size businesses (SMBs) around the world, which has generated an estimated $59 trillion of revenue in 2018. This includes 47 million retailers and restaurants, Lightspeed’s target market.

Attractive, loyal and growing customer base

Lightspeed’s customer base is highly diverse in terms of geography, products and services offered. No one customer makes up greater than 1% of our revenue, and more than one third of our revenue originates from outside North America. We pride ourselves on the fact that our customers have generated an average of more than 20% revenue growth in their first full year on our platform, generating strong loyalty and a positive net dollar retention rate. We will continue to invest in marketing strategies tailored to attract new businesses to our platform.

Strong recent business growth

Lightspeed has grown rapidly in recent years as we added new customers, expanded our base of solutions, and acquired best of breed POS platforms around the world.

Organic growth through new customer solutions

We strive to continue adding new customer solutions and modules to our platform over time, including data-driven solutions, that will enable us to deepen relationships with existing customers and add new ones. We expect customers to adapt additional modules over time as their businesses grow, driving further incremental revenue for Lightspeed.

Payments growth opportunity

Lightspeed Payments, our payment processing solution, was rolled out in early 2019. This solution is fully-integrated with our platform and majorly enhanced our product offering. Lightspeed Payments enables us to monetize a greater portion of customer GTV passing through our platform, creating a significant revenue growth opportunity.

Attractive external growth strategy

Our team has a strong track record of building value from acquisitions, having successfully acquired and integrated several companies. We are well positioned to identify and capitalize on further opportunities that would enable us to expand our customer base, enhance our technologies, and allow us to enter new countries and verticals.

Strong and highly motivated leadership team

CEO Dax Dasilva founded Lightspeed in 2005 and remains the central figure behind it corporate direction, vision, culture and product development. Dax is supported by a highly experienced management team and seasoned public company Board of Directors.