One of VERB's partners announced earnings last week
April 30, 2019
Shopify Announces First-Quarter 2019 Financial Results
Total revenue in the first quarter was $320.5 million, a 50% increase from the comparable quarter in 2018.
Operating loss for the first quarter of 2019 was $35.8 million, or 11% of revenue, versus a loss of $20.3 million, or 9% of revenue, for the comparable period a year ago.
Total revenue for the full year 2018 was $1.073 billion, a 59% increase over 2017.
For the full year 2019, Shopify currently expects:
Revenues in the range of $1.48 billion to $1.50 billion
Mkt Cap: $29.48B
Market Cap = 29x 2018 revenue
Market Cap = 20x 2019 projected revenue
They have 800,000 merchants according to their website
Slide 17 will show you want 69% CAGR looks like
https://s2.q4cdn.com/024715446/files/doc_fina...1_2019.pdf
https://investors.shopify.com/Investor-News-D...fault.aspx
April 30, 2019
Shopify Announces First-Quarter 2019 Financial Results
Total revenue in the first quarter was $320.5 million, a 50% increase from the comparable quarter in 2018.
Operating loss for the first quarter of 2019 was $35.8 million, or 11% of revenue, versus a loss of $20.3 million, or 9% of revenue, for the comparable period a year ago.
Total revenue for the full year 2018 was $1.073 billion, a 59% increase over 2017.
For the full year 2019, Shopify currently expects:
Revenues in the range of $1.48 billion to $1.50 billion
Mkt Cap: $29.48B
Market Cap = 29x 2018 revenue
Market Cap = 20x 2019 projected revenue
They have 800,000 merchants according to their website
Slide 17 will show you want 69% CAGR looks like
https://s2.q4cdn.com/024715446/files/doc_fina...1_2019.pdf
https://investors.shopify.com/Investor-News-D...fault.aspx
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