Lightspeed Commerce Inc (LSPD) - Net Assets
Based on the latest financial reports, Lightspeed Commerce Inc (LSPD) has net assets worth CA$1.50 Billion CAD (≈ $1.08 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.67 Billion ≈ $1.21 Billion USD) and total liabilities (CA$173.08 Million ≈ $125.20 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LSPD asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.50 Billion |
| % of Total Assets | 89.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | -13.97% |
| 10-Year Change | N/A |
| Growth Volatility | 171.17 |
Lightspeed Commerce Inc - Net Assets Trend (2017–2025)
This chart illustrates how Lightspeed Commerce Inc's net assets have evolved over time, based on quarterly financial data. Also explore Lightspeed Commerce Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Lightspeed Commerce Inc (2017–2025)
The table below shows the annual net assets of Lightspeed Commerce Inc from 2017 to 2025. For live valuation and market cap data, see market value of Lightspeed Commerce Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$1.66 Billion ≈ $1.20 Billion |
-31.02% |
| 2024-03-31 | CA$2.41 Billion ≈ $1.75 Billion |
-3.41% |
| 2023-03-31 | CA$2.50 Billion ≈ $1.81 Billion |
-26.53% |
| 2022-03-31 | CA$3.40 Billion ≈ $2.46 Billion |
+75.74% |
| 2021-03-31 | CA$1.93 Billion ≈ $1.40 Billion |
+462.07% |
| 2020-03-31 | CA$344.14 Million ≈ $248.94 Million |
+74.99% |
| 2019-03-31 | CA$196.67 Million ≈ $142.27 Million |
+174.06% |
| 2018-03-31 | CA$-265.56 Million ≈ $-192.10 Million |
-54.53% |
| 2017-03-31 | CA$-171.85 Million ≈ $-124.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lightspeed Commerce Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 250008900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$4.16 Billion | 249.85% |
| Other Comprehensive Income | CA$-7.46 Million | -0.45% |
| Other Components | CA$200.63 Million | 12.06% |
| Total Equity | CA$1.66 Billion | 100.00% |
Lightspeed Commerce Inc Competitors by Market Cap
The table below lists competitors of Lightspeed Commerce Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chengdu Gas Group Co Ltd
SHG:603053
|
$1.26 Billion |
|
Jiangxi Guotai Civilian
SHG:603977
|
$1.26 Billion |
|
ITMAX System Berhad
KLSE:5309
|
$1.26 Billion |
|
Fujian Nebula Electronics Co Ltd
SHE:300648
|
$1.26 Billion |
|
FLEX LNG Ltd
F:0QQA
|
$1.26 Billion |
|
Hanma Technology Group Co Ltd
SHG:600375
|
$1.26 Billion |
|
ATRESM.C.D.M.ADR/1/EO-75
F:YT2
|
$1.26 Billion |
|
GuangZhou BaiYun Elec Equip Co
SHG:603861
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lightspeed Commerce Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,412,401,000 to 1,663,967,000, a change of -748,434,000 (-31.0%).
- Net loss of 667,196,000 reduced equity.
- Share repurchases of 132,317,000 reduced equity.
- Other comprehensive income decreased equity by 3,417,000.
- Other factors increased equity by 54,496,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-667.20 Million | -40.1% |
| Share Repurchases | CA$132.32 Million | -7.95% |
| Other Comprehensive Income | CA$-3.42 Million | -0.21% |
| Other Changes | CA$54.50 Million | +3.28% |
| Total Change | CA$- | -31.02% |
Book Value vs Market Value Analysis
This analysis compares Lightspeed Commerce Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | CA$-2.11 | CA$12.69 | x |
| 2018-03-31 | CA$-3.26 | CA$12.69 | x |
| 2019-03-31 | CA$2.38 | CA$12.69 | x |
| 2020-03-31 | CA$4.01 | CA$12.69 | x |
| 2021-03-31 | CA$18.38 | CA$12.69 | x |
| 2022-03-31 | CA$24.01 | CA$12.69 | x |
| 2023-03-31 | CA$16.60 | CA$12.69 | x |
| 2024-03-31 | CA$15.69 | CA$12.69 | x |
| 2025-03-31 | CA$10.83 | CA$12.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lightspeed Commerce Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.96%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.10x
- Recent ROE (-40.10%) is below the historical average (-23.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -137.06% | 0.77x | 0.00x | CA$-41.22 Million |
| 2018 | 0.00% | -168.50% | 0.89x | 0.00x | CA$-69.62 Million |
| 2019 | -93.32% | -236.96% | 0.30x | 1.30x | CA$-203.19 Million |
| 2020 | -15.56% | -44.37% | 0.25x | 1.39x | CA$-87.94 Million |
| 2021 | -6.43% | -56.05% | 0.11x | 1.09x | CA$-317.71 Million |
| 2022 | -8.49% | -52.60% | 0.15x | 1.06x | CA$-628.36 Million |
| 2023 | -42.84% | -146.48% | 0.27x | 1.07x | CA$-1.32 Billion |
| 2024 | -6.80% | -18.03% | 0.35x | 1.07x | CA$-405.20 Million |
| 2025 | -40.10% | -61.96% | 0.59x | 1.10x | CA$-833.59 Million |
Industry Comparison
This section compares Lightspeed Commerce Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $26,501,998
- Average return on equity (ROE) among peers: 17.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lightspeed Commerce Inc (LSPD) | CA$1.50 Billion | 0.00% | 0.12x | $1.26 Billion |
| Abaxx Technologies Inc (ABXX) | $-1.66 Million | 0.00% | 0.00x | $1.39 Billion |
| Adcore Inc (ADCO) | $9.73 Million | -22.96% | 0.49x | $10.05 Million |
| AnalytixInsight Inc (ALY) | $-2.59 Million | 0.00% | 0.00x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $-5.56 Million | 0.00% | 0.00x | $4.14 Million |
| Acceleware Ltd (AXE) | $1.09 Million | -101.21% | 0.71x | $11.79 Million |
| BLUERUSH Media Group Corp (BTV) | $2.19 Million | -8.31% | 1.01x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-3.36 Million | 0.00% | 0.00x | $2.80 Million |
| Computer Modelling Group Ltd. (CMG) | $4.89 Million | 29.94% | 0.90x | $231.91 Million |
| Constellation Software Inc. (CSU) | $259.83 Million | 39.68% | 4.52x | $37.43 Billion |
| NamSys Inc (CTZ) | $460.17K | 237.20% | 1.24x | $24.35 Million |
About Lightspeed Commerce Inc
Lightspeed Commerce Inc. engages in sale of cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses. It offers a cloud-based commerce platform that connects suppliers, merchants, and consumers to enable omnichannel experiences and engage with consumers, manage operations, accept payments, and grow … Read more