Q2 2025 Lightspeed Commerce Inc Earnings Call Transcript
Key Points
- Lightspeed Commerce Inc (LSPD) reported a 20% year-over-year revenue growth, reaching $277.2 million, surpassing their outlook.
- Payments penetration increased significantly to 37% from 25% in the same quarter last year, contributing to a record quarterly adjusted EBITDA of $14 million.
- On a trailing 12-month basis, revenues exceeded $1 billion with adjusted EBITDA of $32 million, indicating strong financial performance.
- The company added several high-profile customers, including Grow Generation and the Nashville Country Music Hall of Fame, showcasing its ability to attract large, complex clients.
- Lightspeed Commerce Inc (LSPD) is focusing on its strongest markets, North American retail and European hospitality, which have the best unit economics and growth potential.
- The company is undergoing a strategic review, creating uncertainty about its future direction and potential restructuring.
- Subscription revenue growth was only 6% year-over-year, indicating slower growth compared to transaction-based revenue.
- Same-store sales in retail remain challenged, with some verticals still experiencing declines, although the rate of decline is easing.
- The payment penetration rate increased at a slower pace compared to previous quarters, potentially due to seasonality and geographic mix.
- There is a focus on reallocating resources, which may involve operational changes and could impact short-term performance.
Good afternoon. My name is John and I will be your conference operator today. At this time. I would like to welcome everyone to the Lightspeed second quarter, 2025 earnings call. All lines have been placed in mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session if you would like to, if you would like to ask a question during this time, press star followed by the number one on your telephone keypad. If you would like to withdraw your question. Press star one again. Thank you. I would now like to turn the call over to Gus Papa Georgi, head of investor relations. You may begin your conference.
Thank you operator and good morning everyone. Welcome to Lightspeed's fiscal Q2 2025 conference call. Joining me today are Dax DaSilva Lightspeed's founder and CEO Asra Bakshani, our CFO and JD Sarin, our President after prepared remarks from dax and ASHA, we will open it up for your questions.
We will make forward-looking statements on
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
