Shopify’s stock has taken a beating along with the broader indices given the rate hike, bringing the company down to a more reasonable valuation. Its first-quarter result was solid with revenue increasing by 22% to $1.2 billion, representing a two-year compound annual growth rate of 60%. Shopify’s revenue for Subscription Solutions was impacted by the app and theme revenue models for partners, as well as the change in recognition of the theme's revenue from gross to net, which was not yet in pla ....
25 May 2022
Shopify Inc.: Is The Market Leadership Here To Stay? Check Out The Key Drivers, Financial Forecasts, DCF & Comparables Valuation,Key Risks (05/22)
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Shopify Inc.: Is The Market Leadership Here To Stay? Check Out The Key Drivers, Financial Forecasts, DCF & Comparables Valuation,Key Risks (05/22)
- Published:
25 May 2022 -
Author:
Ishan Majumdar -
Pages:
25
Shopify’s stock has taken a beating along with the broader indices given the rate hike, bringing the company down to a more reasonable valuation. Its first-quarter result was solid with revenue increasing by 22% to $1.2 billion, representing a two-year compound annual growth rate of 60%. Shopify’s revenue for Subscription Solutions was impacted by the app and theme revenue models for partners, as well as the change in recognition of the theme's revenue from gross to net, which was not yet in pla ....