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SHOPIFY INC. [SHOP]  posts $3,460.42M loss as revenue rises 21.42% to $5,599.86M

SHOPIFY INC. [SHOP] posts $3,460.42M loss as revenue rises 21.42% to $5,599.86M

By USInMinutes
Published - Feb 22, 2023, 06:23 AM ET
Last Updated - Mar 06, 2023, 02:36 PM EST
 Net Sales: $5,599.86M  
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SHOPIFY INC. [SHOP] posted a loss of $3,460.42M, marking a fall of 218.72% for this year.

Revenue rose to $5,599.86M this year compared to $4,611.86M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $-3,460.42M, down 218.72% from $2,914.66M.

The company’s net sales for the period were $5,599.86M, up 21.42%. Net sales in the previous year were $4,611.86M.

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