Shopify’s Q4 2024: commerce & FinTech powerhouse is hitting its profitable stride while maintaining hypergrowth 😤🛍️; FinTech giants Stripe & Plaid are embracing secondaries as IPO alternative 👀💸
FinTech is Eating the World, 12 February
Hey Everyone,
Good morning & happy Wednesday! Today’s issue is especially interesting as we’re looking into FinTech & e-commerce behemoth Shopify that’s hitting its profitable stride while maintaining hypergrowth (deep dive into their latest financials, breaking down key numbers, what they mean & why you should be bullish on Shopify in 2025), and FinTech giants Stripe & Plaid that are embracing secondaries as IPO alternative (recap of the latest moves, what they mean and what this tells us about the future FinTech). So let’s jump straight into the good stuff 🌶️
Shopify’s Q4 2024: a commerce & FinTech powerhouse is hitting its profitable stride while maintaining hypergrowth 😤🛍️
Earnings time 🤑 E-commerce and FinTech giant Shopify SHOP 0.00%↑ just clocked fiscal fourth-quarter 2024 revenue growth of 31% year-over-year to $2.81 billion, which beat the analyst consensus estimate of $2.73 billion.
Revenue growth marked its 7th consecutive quarter of greater than 25% revenue growth, excluding logistics. Not too shabby! 😤
In short, the transformation of Shopify from a simple e-commerce platform to a comprehensive commerce operating system has been remarkable, with 2024 marking a pivotal year in the company's journey toward profitable scale.
Let’s take a closer look at this, break down the most important numbers, and see what’s next for Shopify.