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Lightspeed Commerce (LSPD) investor relations material

Lightspeed Commerce AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary31 Jul, 2025

Opening remarks and agenda

  • Meeting opened with welcomes from the Executive Chair and introductions of board members and executive team.

  • The meeting was held virtually to reduce environmental impact and ensure equal participation.

  • Voting procedures and participation rules were explained, including use of the Lumi virtual interface.

  • The agenda included presentation of financial statements, election of directors, auditor appointment, and an advisory vote on executive compensation.

Board and executive committee updates

  • Seven current board members were nominated and elected to serve until the next annual meeting.

  • No additional director nominations were received before the deadline.

  • The board recommended reappointing PricewaterhouseCoopers LLP as auditors.

Financial performance review

  • Fiscal 2025 was described as a foundational year, with a strategic review to maximize shareholder value.

  • Q1 results showed 10% increase in subscription ARPU, 9% growth in subscription revenues, 19% rise in gross profit, and 55% improvement in adjusted EBITDA year over year.

  • Since April 2024, 18.7 million shares were repurchased and canceled, reducing shares outstanding by 12%.

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Frequently asked questions

Lightspeed Commerce Inc. provides commerce enabling Software as a Service platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its platform offers capabilities to grow online sales; manage inventory; process orders and payments; create loyalty programs; manage marketing campaigns; track products through a distribution landscape through warehouse management system; and view real-time business analytics. The company was founded in 2005 and is headquartered in Montréal, Canada

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