Lightspeed Commerce Inc. engages in sale of cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses in the United States, Canada, the United Kingdom, Australia, and internationally. It offers a cloud-based commerce platform that connects suppliers, merchants, and consumers to enable omnichannel experiences and engage with consumers, manage operations, accept payments, and grow business. The company’s cloud platform is designed around interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers’ efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, point of sale (POS), product and menu management, kitchen display system (KDS), employee and inventory management comprising ordering, analytics and reporting, multi-location connectivity, order anywhere and curbside pickup functionality, loyalty, and customer management solutions. The company also offers tailored financial solutions, such as Lightspeed Payments and Lightspeed Capital; Lightspeed Restaurant, a unified hospitality commerce offering; Lightspeed Retail, a retail commerce offering; Lightspeed eCommerce that allows merchants to enhance omnichannel reach and increase selling flexibility; Lightspeed NuORDER integration to order from various brands; and Tee Sheet Lightspeed Golf for golf course operators to manage tee-time schedules, golf retail POS, and food and beverage POS. In addition, it sells hardware, including tablets, customer facing displays, KDS screens, receipt printers, networking hardware, cash drawers, payment terminals, servers, stands, bar-code scanners, and an assortment of accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montreal, Canada.
Canadian Market Performance
7D7 Days: -1.8%
3M3 Months: 7.8%
1Y1 Year: 18.5%
YTDYear to Date: 8.6%
Over the last 7 days, the market has dropped 1.8%, driven by pullbacks in every sector, especially the Financials sector. In contrast to the last week, the market is actually up 19% over the past year. As for the next few years, earnings are expected to grow by 12% per annum. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.