Lightspeed Commerce Inc (TSX:LSPD)
C$ 20.55 3.18 (18.31%) Market Cap: 3.16 Bil Enterprise Value: 2.17 Bil PE Ratio: 0 PB Ratio: 0.81 GF Score: 76/100

Lightspeed POS Inc at RBC Capital Markets Financial Technology Conference Transcript

Jun 13, 2019 / 04:50PM GMT
Release Date Price: C$36.44 (+7.62%)
Brandon Blair Nussey
Lightspeed POS Inc. - CFO

I'm Brandon Nussey, Chief Financial Officer of Lightspeed. Lightspeed is in the point-of-sale software space. We are an omni-channel. We enable our customers to reach their customers through omni-channel means, whether it's online, in-store or mobile. We help them manage the back end of their business, a lot of tools and capabilities around managing inventory, managing restaurants, providing recommendations and insights to their business. And very recently then became payment processor as well for our customers -- for our U.S. retail customers to start.

So serve the -- we're in the SMB space. Retailers and restaurants is where we're focused. And we kind of segment this market. We serve the complex SMBs. So the folks who are inventory-centric retailers, who have a lot of SKUs to manage, maybe they have multiple locations to manage or in the restaurant space, more full-service restaurants with bar, table service, that sort of thing, a little less the QSRs and a little less the pop-up shops and micro-merchants in the retail space.

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