Lightspeed Announces Fourth Quarter and Full Year 2024 Financial Results and Provides Outlook for Fiscal 2025

Total revenue of $230.2 million grew 25% year-over-year and annual revenue exceeded previously-established outlook Net loss and Adjusted EBITDA1 improved to ($ 32.5) million and $4.4 million, respectively GPV as a percentage of GTV was 32% in the quarter, up from 19% in the prior year ARPU2 of ~$ 431 grew 29% year-over-year with Net Retention Rate of ~110% Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, May 16, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company" ...