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  "documentTitle": "Shopify | Investor Presentation Deck | 47 slides",
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      "text": "Adjusted Operating Profit: 2018 $12M, 2019 $46M, 2020 $437M, 2021 $718M, 2022 $6M",
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      "text": "*Excludes the effect of stock-based compensation (SBC) expenses and related payroll taxes, amortization of acquired intangibles, employee severance, expense related to litigation matters, unrealized and realized gains and losses on equity and other investments, and real estate-related impairment charges. Adjusted Operating Profit is a non-GAAP measure, see Appendix for reconciliation.",
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