Shopify posts strong revenue growth, but stock still falls on slow growth forecast

Strong revenue growth and a continued AI focus weren’t enough to assuage Shopify investors today, with shares falling nearly 10 percent as the company posted a net loss. The Ottawa-based e-commerce giant posted a $581-million USD ($790-million CAD) net loss in the first quarter of this year, compared to a $682-million USD loss in the same quarter last year. This was largely due to the $941-million loss (marked to market, post-tax deduction) on Shopify’s equity investments, without which it would