$Shopify(SHOP)$ Just jumped of-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Shopify(SHOP)$

Just jumped off the @Shopify Q1 Earnings call. Shopify is nearly 20 years old and I can say with confidence that you are seeing the strongest version of Shopify in our history.

They are building a 100-year company and focused on delivering both growth and profitability.

Here are 3 important stats from the Q1 earnings call:

1. GMV was up 23% YoY in Q1

2. Gross profit dollars for the quarter were over $950 million and free cash flow was over $230 million, with free cash flow margin doubling year over year

3. And, with almost $2 billion in revenue - that’s up 23% year over year (or 29% excluding Logistics)

I think they will continue to relentlessly innovate and make commerce better for everyone.

I can’t wait to see what they have in store for the remainder of 2024 and beyond🚀

Shopify Plunges 19%: Will You Buy the Dip Under $60?

Shopify plunged 19% after the e-commerce company beat on the top and bottom line, but it gave downbeat guidance for the second quarter. ----------------- Is the plunge over or not? At what price would you bottom Shopify?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

OYoung
05-10
OYoung
People just compare SHOP to AMZN too much!
CarterSilas
05-09
CarterSilas
Exciting times ahead for them and the e-commerce industry!
CornerSteve
05-10
CornerSteve
My target is 125 by January 2025.

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And, with almost $2 billion in revenue - that’s up 23% year over year (or 29% excluding Logistics)</p>\n<p>I think they will continue to relentlessly innovate and make commerce better for everyone.</p>\n<p>I can’t wait to see what they have in store for the remainder of 2024 and beyond🚀</p>\n<p></p>\n<p><br></p></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/SHOP\">$Shopify(SHOP)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\n<p><br></p>\n<p>Just jumped off the @Shopify Q1 Earnings call. Shopify is nearly 20 years old and I can say with confidence that you are seeing the strongest version of Shopify in our history.</p>\n<p>They are building a 100-year company and focused on delivering both growth and profitability.</p>\n<p>Here are 3 important stats from the Q1 earnings call:</p>\n<p>1. GMV was up 23% YoY in Q1</p>\n<p>2. Gross profit dollars for the quarter were over $950 million and free cash flow was over $230 million, with free cash flow margin doubling year over year</p>\n<p>3. And, with almost $2 billion in revenue - that’s up 23% year over year (or 29% excluding Logistics)</p>\n<p>I think they will continue to relentlessly innovate and make commerce better for everyone.</p>\n<p>I can’t wait to see what they have in store for the remainder of 2024 and beyond🚀</p>\n<p></p>\n<p><br></p></body></html>","text":"$Shopify(SHOP)$ Just jumped off the @Shopify Q1 Earnings call. Shopify is nearly 20 years old and I can say with confidence that you are seeing the strongest version of Shopify in our history. They are building a 100-year company and focused on delivering both growth and profitability. Here are 3 important stats from the Q1 earnings call: 1. GMV was up 23% YoY in Q1 2. Gross profit dollars for the quarter were over $950 million and free cash flow was over $230 million, with free cash flow margin doubling year over year 3. And, with almost $2 billion in revenue - that’s up 23% year over year (or 29% excluding Logistics) I think they will continue to relentlessly innovate and make commerce better for everyone. 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