Lightspeed POS (LSPD) provides end to end software for ecommerce businesses which includes all the major functions o like inventory management, payment gateway. With ecommerce projected to grow at roughly 11% annually in Canada to about 3.4 trillion USD by 2025 and Lightspeed being one of the top enabler for ecommerce, Lightspeed stock LSPD is positioned for a tremendous future growth.it is a stock with strong fundamentals and well anchored business to back it.

Fundamental analysis of LSPD

Annual revenue growth-41%


2018	2019	2020	Q3 2021	3-Yr Trend
Total Assets (Bil)	0.06	0.26	0.48	1.55
Total Liabilities (Bil)	0.33	0.06	0.13	0.18
Total Debt (Bil)	—	—	0.05	0.06
Total Equity (Bil)	-0.27	0.20	0.34	1.37
Cash & Cash Equivalents (Bil)	0.02	0.21	0.21	0.23

LSPD's short term assets ($278.8M) exceed its short-term liabilities ($117.6M).
LSPD has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 33.4% each year

· Return on Assets %	-11.05
· Return on Equity %	-12.93
· Return on Invested Capital %	-12.37
· Net Margin %	-57.42

Stock performance

1 year return -186% Vs 46% average return of Canadian software industry
6 months return-48%

Price to Book ratio – 5.87X

Price to Earning ratio- Unavailable due to lack of profitability currently

Management

Name Position Tenure Compensation Ownership

Dax DaSilva Founder 16.33yrs US$1.12m 10.62%

Jean-Paul Chauvet President 8.33yrs US$670.64k 0.0010%

Patrick Pichette Independent Chairman 2.33yrs no data no data

Paul McFeeters Corporate Director 2.5yrs US$118.65k 0.19%

Manon Brouillette Director 0.50yr no data no data

Merline Saintil Director 0.67yr no data no data

Marie-Josée Lamothe Corporate Director 2.58yrs US$106.73k 0.0080%

Rob William Corporate Director 2.58yrs US$109.51k 0.072%