Core Insights - Shopify has become Canada's second-largest company by market capitalization, surpassing 126billionsinceitsIPOtenyearsago[1]−InvestorswhoboughtsharesattheIPOpricehaveseentheirinvestmentsgrowsignificantly,witha1,000 investment now worth over 38,000[2]−Thecompany′se−commerceplatformandecosystemhavebeenkeydriversofitsgrowth,allowinguserstocreatecustomizablewebsiteswithoutprogrammingskills[2][3]CompanyPerformance−Shopify′sstockreachedrecordhighsduringthepandemic,butfacedchallengeswhenitattemptedtobuildashippingandfulfillmentbusiness,leadingtolosses[3]−Thecompanyhassincereturnedtoprofitability,withnetincomeprojectedtoreach2 billion in 2024, up from $132 million in 2023 [4] - Revenue is expected to grow at a mid-20s percentage rate this year, indicating continued profit growth [4] Stock Valuation - Shopify's stock is currently selling at over a 40% discount from its all-time high [5] - With the company back on a growth trajectory, the value of shares is expected to increase significantly in the coming years [5]