Shopify Analysts Shrug Off Weaker Outlook

The transcript discusses Shopify's Q4 2022 performance, highlighting strong revenue growth and profitability. Despite market concerns over guidance, Shopify emphasizes its strategic focus on building a durable and operationally disciplined company. The company outlines its profitability history, strategic cost management, and product offerings that support merchants. Shopify is positioned as a key player in the retail operating system, with a strong consumer and merchant base, evidenced by high business registrations and retail sales growth.

What was the percentage increase in Shopify's Q4 2022 revenue on a constant currency basis?

• 22%

• 35%

• 28%

• 17%

How many years out of seven has Shopify been profitable since its IPO in 2015?

• 5 years

• 4 years

• 3 years

• 7 years

What is the attach rate mentioned in the transcript, and what does it signify?

• 2.85%, a proxy for the usage of Shopify's products by merchants

• 3.5%, a measure of Shopify's profitability

• 2.85%, indicating the growth of Shopify's merchant base

• 3.5%, representing Shopify's market share in e-commerce

What amount of cash advances did Shopify provide in the quarter mentioned?

• $800 million

• $600 million

• $200 million

• $400 million

What was the growth factor of Shopify's GMV in 2022 compared to 2019?

• 5 times

• 3 times

• 4 times

• 2 times