4.4 • 3K Ratings
🗓️ 11 February 2025
⏱️ 27 minutes
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0:00.0 | It's a Shopify takeover. You're listening to Motley Full Money. |
0:13.7 | I'm Ricky Mulvey, joined today by Asset Sharma. |
0:16.5 | Asset, it's good to see you. Thanks for being here. |
0:18.4 | Ricky, thank you for having me. |
0:20.2 | And we also have Harley Finkelstein. He's the president of Shopify to talk about the quarter and some long-term vision stuff. |
0:25.6 | Harley, appreciate you joining us on the show. |
0:27.6 | Hello, Ricky. Hello, Osset. It's good to be here. It's honor to be on your show. |
0:30.6 | So let's, we're going to talk a little bit about the quarter. We're going to talk about some longer-term trends. Harley, I don't want you to prime Osset, though. Maybe we'll |
0:38.1 | have Harley bounce off Osset as I go through the quarter. Osset, no pressure. But here's some |
0:43.0 | big takeaways from Shopify's quarter. One trillion in gross merchandise volume cross the platform. |
0:48.5 | They reached that goal this quarter. Free cash flow hitting about $1.6 billion. That's picking up |
0:53.3 | steam from last year. |
0:55.0 | And we're also seeing a lot of growth coming from offline and international. |
0:59.1 | Asset, what's your big takeaway, your headline for the quarter? |
1:02.4 | So a headline for the quarter is we're developing our total addressable market everywhere in our funnel. |
1:09.7 | Shopify has been really impressive in many quarters recently, |
1:13.8 | Ricky, but particularly this quarter, it just feels like whether they're going after enterprise |
1:18.2 | business, small mom and pops, middle market companies, they're on fire everywhere. |
1:25.2 | Any notes, Harley, any big takeaways for your long-term questions? |
1:27.8 | Wow, I was going to say it's like Osset, GBT or something. That was really good. I mean, |
1:32.2 | certainly internationalist. I mean, I talked a lot about on the call. It's an area of growth for us. |
1:37.5 | We sort of historically were e-commerce for North America and small businesses there. And now we're |
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