Overview Dividends

(LSPD) Lightspeed Commerce - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA53229C1077

Cloud Platform, Point-Of-Sale, Payments, Hardware, Analytics

EPS (Earnings per Share)

EPS (Earnings per Share) of LSPD over the last years for every Quarter: "2020-09": -0.2, "2020-12": -0.39, "2021-03": -0.33, "2021-06": -0.37, "2021-09": -0.08, "2021-12": -0.07, "2022-03": -0.15, "2022-06": -0.12, "2022-09": -0.05, "2022-12": -5.3893, "2023-03": -0.4906, "2023-06": -0.01, "2023-09": 0.04, "2023-12": 0.08, "2024-03": 0.06, "2024-06": 0.1, "2024-09": 0.13, "2024-12": 0.12, "2025-03": 0.1, "2025-06": 0.06, "2025-09": 0.16,
EPS CAGR: 895.84%
EPS Trend: 60.0%
Last SUE: 1.14σ
Qual. Beats: 1

Revenue

Revenue of LSPD over the last years for every Quarter: 2020-09: 45.493, 2020-12: 57.611, 2021-03: 82.395, 2021-06: 115.92, 2021-09: 133.218, 2021-12: 152.676, 2022-03: 146.558, 2022-06: 173.882, 2022-09: 183.699, 2022-12: 188.697, 2023-03: 184.228, 2023-06: 209.086, 2023-09: 230.273, 2023-12: 239.695, 2024-03: 230.216, 2024-06: 266.091, 2024-09: 277.182, 2024-12: 280.134, 2025-03: 253.419, 2025-06: 309.967, 2025-09: 318.963,
Revenue CAGR: 21.03%
Revenue Trend: 94.6%
Last SUE: 1.31σ
Qual. Beats: 2
Risk via 10d forecast
Volatility 48.5%
Value at Risk 5%th 73.0%
Relative Tail Risk -8.47%
Reward TTM
Sharpe Ratio -0.83
Alpha -53.75
Character TTM
Hurst Exponent 0.421
Beta 1.294
Beta Downside 1.246
Drawdowns 3y
Max DD 62.75%
Mean DD 28.99%
Median DD 29.93%

Description: LSPD Lightspeed Commerce November 11, 2025

Lightspeed Commerce Inc. (NYSE:LSPD) provides a cloud-based commerce platform that integrates point-of-sale, inventory, employee, and payment capabilities for retailers, restaurants, golf courses, and other multi-location businesses. The solution enables omnichannel experiences-online ordering, curbside pickup, and in-store sales-while also offering ancillary services such as Lightspeed Payments, Lightspeed Capital financing, and hardware installation.

Key operating metrics (FY 2023) show total revenue of roughly $1.2 billion, up about 30 % year-over-year, driven primarily by subscription growth in the retail and hospitality segments. The company’s SaaS gross margin hovers near 70 %, reflecting the high-margin nature of its software stack, while churn remains low at ~5 % annually, indicating strong customer stickiness. Macro-level, the POS SaaS market is expanding at a 12 % CAGR, supported by accelerating digital transformation and consumer demand for seamless omnichannel shopping.

For a deeper quantitative assessment, the ValueRay platform offers a granular breakdown of Lightspeed’s valuation metrics and scenario analysis to help you evaluate the trade-off between growth prospects and execution risk.

LSPD Stock Overview

Market Cap in USD 1,738m
Sub-Industry Systems Software
IPO / Inception 2019-08-13
Return 12m vs S&P 500 -45.2%
Analyst Rating 3.55 of 5

LSPD Dividends

Currently no dividends paid

LSPD Growth Ratios

Metric Value
CAGR 3y -10.15%
CAGR/Max DD Calmar Ratio -0.16
CAGR/Mean DD Pain Ratio -0.35
Current Volume 434.6k
Average Volume 589.1k

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (-685.6m TTM) > 0 and > 6% of Revenue (6% = 69.7m TTM)
FCFTA 0.00 (>2.0%) and ΔFCFTA 3.52pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 45.21% (prev 72.61%; Δ -27.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.02 (>3.0%) and CFO 30.7m > Net Income -685.6m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 4.54 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (137.7m) change vs 12m ago -10.30% (target <= -2.0% for YES)
Gross Margin 39.22% (prev 41.82%; Δ -2.59pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 55.54% (prev 40.43%; Δ 15.11pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -498.7 (EBITDA TTM -553.3m / Interest Expense TTM 1.36m) >= 6 (WARN >= 3)

Altman Z'' 3.30

(A) 0.31 = (Total Current Assets 674.2m - Total Current Liabilities 148.6m) / Total Assets 1.68b
(B) -1.54 = Retained Earnings (Balance) -2.58b / Total Assets 1.68b
warn (B) unusual magnitude: -1.54 — check mapping/units
(C) -0.32 = EBIT TTM -676.7m / Avg Total Assets 2.09b
(D) 8.03 = Book Value of Equity 1.30b / Total Liabilities 162.5m
Total Rating: 3.30 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 47.32

1. Piotroski 2.50pt
2. FCF Yield 0.28%
3. FCF Margin 0.31%
4. Debt/Equity 0.01
5. Debt/Ebitda 0.81
6. ROIC - WACC (= -50.71)%
7. RoE -38.99%
8. Rev. Trend 94.61%
9. EPS Trend 59.98%

What is the price of LSPD shares?

As of November 24, 2025, the stock is trading at USD 10.92 with a total of 434,610 shares traded.
Over the past week, the price has changed by -4.80%, over one month by -7.61%, over three months by -9.90% and over the past year by -38.86%.

Is LSPD a buy, sell or hold?

Lightspeed Commerce has received a consensus analysts rating of 3.55. Therefor, it is recommend to hold LSPD.
  • Strong Buy: 4
  • Buy: 4
  • Hold: 11
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the LSPD price?

Issuer Target Up/Down from current
Wallstreet Target Price 14.5 33.2%
Analysts Target Price 14.5 33.2%
ValueRay Target Price 9.9 -9.8%

LSPD Fundamental Data Overview November 16, 2025

Market Cap USD = 1.74b (1.74b USD * 1.0 USD.USD)
P/E Forward = 27.8552
P/S = 1.502
P/B = 1.1002
Beta = 2.239
Revenue TTM = 1.16b USD
EBIT TTM = -676.7m USD
EBITDA TTM = -553.3m USD
Long Term Debt = 17.5m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 5.65m USD (from shortTermDebt, last quarter)
Debt = 17.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -446.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.29b USD (1.74b + Debt 17.5m - CCE 463.6m)
Interest Coverage Ratio = -498.7 (Ebit TTM -676.7m / Interest Expense TTM 1.36m)
FCF Yield = 0.28% (FCF TTM 3.58m / Enterprise Value 1.29b)
FCF Margin = 0.31% (FCF TTM 3.58m / Revenue TTM 1.16b)
Net Margin = -58.98% (Net Income TTM -685.6m / Revenue TTM 1.16b)
Gross Margin = 39.22% ((Revenue TTM 1.16b - Cost of Revenue TTM 706.5m) / Revenue TTM)
Gross Margin QoQ = 42.38% (prev 30.03%)
Tobins Q-Ratio = 0.77 (Enterprise Value 1.29b / Total Assets 1.68b)
Interest Expense / Debt = 1.85% (Interest Expense 324.0k / Debt 17.5m)
Taxrate = -4.01% (negative due to tax credits) (1.26m / -31.4m)
NOPAT = -703.9m (EBIT -676.7m * (1 - -4.01%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 4.54 (Total Current Assets 674.2m / Total Current Liabilities 148.6m)
Debt / Equity = 0.01 (Debt 17.5m / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 0.81 (negative EBITDA) (Net Debt -446.2m / EBITDA -553.3m)
Debt / FCF = -124.8 (out of range, set to none) (Net Debt -446.2m / FCF TTM 3.58m)
Total Stockholder Equity = 1.76b (last 4 quarters mean from totalStockholderEquity)
RoA = -40.81% (Net Income -685.6m / Total Assets 1.68b)
RoE = -38.99% (Net Income TTM -685.6m / Total Stockholder Equity 1.76b)
RoCE = -38.10% (EBIT -676.7m / Capital Employed (Equity 1.76b + L.T.Debt 17.5m))
RoIC = -40.02% (negative operating profit) (NOPAT -703.9m / Invested Capital 1.76b)
WACC = 10.69% (E(1.74b)/V(1.76b) * Re(10.78%) + D(17.5m)/V(1.76b) * Rd(1.85%) * (1-Tc(-0.04)))
Discount Rate = 10.78% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 1.32%
[DCF Debug] Terminal Value 63.89% ; FCFE base≈3.58m ; Y1≈2.82m ; Y5≈1.86m
Fair Price DCF = 0.17 (DCF Value 23.2m / Shares Outstanding 136.0m; 5y FCF grow -25.17% → 3.0% )
EPS Correlation: 59.98 | EPS CAGR: 895.8% | SUE: 1.14 | # QB: 1
Revenue Correlation: 94.61 | Revenue CAGR: 21.03% | SUE: 1.31 | # QB: 2

Additional Sources for LSPD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle