{ "docId": "019de514-9c64-72ee-84cd-1279027c63eb", "docSlug": "eccfdb6c07f3d9b7deff080579662eb2", "documentTitle": "Lightspeed | Investor Day Presentation Deck | 120 slides", "authorId": "lightspeed", "authorName": "Lightspeed", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2022-11-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 3, "pageCount": 120, "prevPage": 2, "nextPage": 4, "slideType": "disclaimer", "function": "front_matter", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de514-9c64-72ee-84cd-1279027c63eb/3", "deckHref": "/decks/019de514-9c64-72ee-84cd-1279027c63eb", "deckJsonHref": "/decks/019de514-9c64-72ee-84cd-1279027c63eb.json", "deckAnchorHref": "/decks/019de514-9c64-72ee-84cd-1279027c63eb#slide-3", "components": [ { "bbox": { "h": 0.06, "w": 0.78, "x": 0.12, "y": 0.99 }, "kind": "paragraph", "text": "Any comparable information about other companies was obtained from public sources and has not been verified by the Company. The comparable companies face different risks from those applicable to the Company. Readers are cautioned that there are risks inherent in making an investment decision based on the comparables, that past performance is not indicative of future performance and that the performance of the Company may be different from the comparable companies. Accordingly, readers are cautioned not to put undue reliance on the comparables in making an investment decision.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "141a5bb1-65d3-482a-851c-c36a01127fca", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.78, "x": 0.12, "y": 0.7 }, "kind": "paragraph", "text": "This presentation makes reference to certain non-IFRS measures and ratios and key performance indicators, which do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Refer to Appendix B for more details on such non-IFRS measures and ratios, the definition of \"Adjusted EBITDA\", \"Adjusted EBITDA as a percentage of revenue\", \"Revenue at constant currency\", \"Non-IFRS gross profit as a percentage of revenue\", \"Non-IFRS general and administrative expenses as a percentage of revenue\", \"Non-IFRS research and development expenses as a percentage of revenue\" and \"Non-IFRS sales and marketing expenses as a percentage of revenue\" and a reconciliation of such non-IFRS measures and ratios to the most directly comparable IFRS measure. In addition, the terms \"Average Revenue Per User\" or \"ARPU\", \"Customer Locations\", \"Gross Payment Volume\" or \"GPV\" and \"Gross Transaction Volume\" or \"GTV\" are operating metrics used in our industry. See \"Appendix A\" of this presentation for the definition of each such industry metric.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "38f4d0c8-2e77-41b2-83d1-3fcbca1ae6c5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.78, "x": 0.12, "y": 0.82 }, "kind": "paragraph", "text": "Market and industry data presented throughout this presentation was obtained from third-party sources and industry reports, including from Access Markets International (AMI) Partners LLC (An Analysys Mason Company), SMB Technology Forecaster, and from publications, websites and other publicly available information, as well as industry and other data prepared by us or on our behalf on the basis of our knowledge of the markets in which we operate, including information provided by suppliers, partners, customers and other industry participants.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3f2fd2b3-2d3f-42c0-b07f-7c00943fa97b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.78, "x": 0.12, "y": 0.14 }, "kind": "paragraph", "text": "All references in this presentation to the \"Company\", \"Lightspeed\", \"us\" or \"we\" are to Lightspeed Commerce Inc. All references in this presentation to dollars, \"$\" or \"US$\" are to United States dollars, and all references to Canadian dollars and \"C$\" are to Canadian dollars.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "57e31efc-d324-469a-acb1-3c20e3732bd2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.78, "x": 0.12, "y": 0.88 }, "kind": "paragraph", "text": "We believe that the market and economic data presented throughout this presentation is accurate and, with respect to data prepared by us or on our behalf, that our estimates and assumptions are currently appropriate and reasonable, but there can be no assurance as to the accuracy or completeness thereof. The accuracy and completeness of the market and economic data presented throughout this presentation are not guaranteed and none of us makes any representation as to the accuracy of such data. Actual outcomes may vary materially from those forecast in such reports or publications, and the prospect for material variation can be expected to increase as the length of the forecast period increases. Although we believe it to be reliable, none of us has independently verified any of the data from third-party sources referred to in this presentation, analyzed or verified the underlying studies or surveys relied upon or referred to by such sources, or ascertained the underlying market, economic and other assumptions relied upon by such sources. Market and economic data is subject to variations and cannot be verified due to limits on the availability and reliability of data inputs, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "86d6a060-cd2b-4074-8d59-2949e0b9436b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.78, "x": 0.12, "y": 0.39 }, "kind": "paragraph", "text": "This forward-looking information and other forward-looking information is based on our opinions, estimates and assumptions in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. Despite a careful process to prepare and review the forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9e55c8b1-1899-412b-8f95-d718c4d695fa", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.78, "x": 0.12, "y": 0.21 }, "kind": "paragraph", "text": "This presentation contains \"forward-looking information\" and \"forward-looking statements\" (collectively, \"forward looking information\") within the meaning of applicable securities laws. Forward looking information may relate to our financial outlook (including revenue, Adjusted EBITDA, Adjusted EBITDA as a percentage of revenue, long-term targets regarding growth rates and Lightspeed's cost structure) and anticipated events or results and may include information regarding our financial position, business strategy, growth strategies, addressable markets, budgets, operations, financial results, plans and objectives. Particularly, information regarding: our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate; macroeconomic conditions such as increasing inflationary pressures, interest rates, and global economic uncertainty; events such as the ongoing COVID-19 pandemic and the Russian invasion of Ukraine; and expectations regarding industry and consumer spending trends, our growth rates, the achievement of advances in and expansion of our platform, our revenue and the revenue generation potential of our payment-related and other solutions, our gross margins and future profitability, acquisition outcomes and synergies, the impact of foreign currency fluctuations on our results of operations, our business plans and strategies and our competitive position in our industry, is forward-looking information.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b4772c0b-ef20-464d-907d-a8024180d496", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.78, "x": 0.12, "y": 0.6 }, "kind": "paragraph", "text": "The forward-looking information contained in this presentation represents our expectations as of the date of this presentation (or as of the date they are otherwise stated to be made), and are subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e4bdb58d-3f60-4e52-8c47-958b8ea13102", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.78, "x": 0.12, "y": 0.46 }, "kind": "paragraph", "text": "Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operation, under \"Risk Factors\" in our most recent Annual Information Form, and in our filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "eacc1076-26e8-407d-9f35-c16653ceaa69", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.21, "x": 0.08, "y": 0.05 }, "kind": "title", "text": "Disclaimer", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6edc28d6-1a84-4164-a2da-138d7d01b89e", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 10, "from": 1, "beatId": "f8a07f4b-6e80-473b-ba6c-0e6640b2b7db", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Current State", "beatSlug": "sparkline-what-is-1", "evidence": "The presentation starts by showcasing Lightspeed's current progress and achievements.", "position": 0, "confidence": 0.8, "parentBeatName": "Setup", "parentBeatSlug": "setup" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }