Shopify Inc
NYSE:SHOP

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Shopify Inc
NYSE:SHOP
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Price: 108.95 USD 1.76% Market Closed
Market Cap: 140.8B USD
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Shopify Inc
Effect of Foreign Exchange Rates

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Shopify Inc
Effect of Foreign Exchange Rates Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Effect of Foreign Exchange Rates CAGR 3Y CAGR 5Y CAGR 10Y
Shopify Inc
NYSE:SHOP
Effect of Foreign Exchange Rates
$13m
CAGR 3-Years
36%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Tucows Inc
NASDAQ:TCX
Effect of Foreign Exchange Rates
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Datametrex AI Ltd
XTSX:DM
Effect of Foreign Exchange Rates
CA$21.4k
CAGR 3-Years
2%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
N
NameSilo Technologies Corp
CNSX:URL
Effect of Foreign Exchange Rates
-CA$36.7k
CAGR 3-Years
N/A
CAGR 5-Years
-18%
CAGR 10-Years
N/A
CryptoStar Corp
XTSX:CSTR
Effect of Foreign Exchange Rates
-$134.8k
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Martello Technologies Group Inc
XTSX:MTLO
Effect of Foreign Exchange Rates
CA$41.9k
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Shopify Inc
Glance View

Market Cap
140.7B USD
Industry
Technology
Economic Moat
Wide

In the bustling world of e-commerce, Shopify Inc. has carved out a distinctive niche, transforming how businesses operate online. Founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake, the company set out on a mission to simplify the process of selling goods on the internet. Shopify's unique approach lies in its comprehensive platform that offers entrepreneurs and large enterprises alike an access point to start, manage, and scale their businesses with ease. By providing an all-in-one suite of services—from customizable storefronts and payment processing to inventory management and marketing tools—Shopify eliminates many traditional barriers to entry for online retailers. The platform's flexibility and user-friendliness have been key drivers for its rapid adoption among a diverse range of businesses. Shopify's revenue model is primarily driven by subscription fees and merchant solutions. Businesses pay a monthly subscription fee to access its platform, offering tiered plans that cater to different sizes and needs, from small start-ups to large-scale enterprises. Beyond subscriptions, Shopify generates substantial income through its merchant solutions, which include payment processing fees from Shopify Payments, transaction fees from other payment gateways, and revenue from shipping and fulfillment services. This dual revenue stream not only allows Shopify to scale alongside its merchants but also aligns its success with theirs, creating a mutually beneficial ecosystem. As e-commerce continues to expand globally, Shopify remains at the forefront by continually enhancing its offerings and empowering a new generation of business owners.

SHOP Intrinsic Value
28.8 USD
Overvaluation 74%
Intrinsic Value
Price

See Also

What is Shopify Inc's Effect of Foreign Exchange Rates?
Effect of Foreign Exchange Rates
13m USD

Based on the financial report for Sep 30, 2024, Shopify Inc's Effect of Foreign Exchange Rates amounts to 13m USD.

What is Shopify Inc's Effect of Foreign Exchange Rates growth rate?
Effect of Foreign Exchange Rates CAGR 3Y
36%

Over the last year, the Effect of Foreign Exchange Rates growth was 195%. The average annual Effect of Foreign Exchange Rates growth rates for Shopify Inc have been 36% over the past three years .

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