Lightspeed Commerce (LSPD)

Overall impact
C (40)

Commentary

Lightspeed Commerce is an average overall performer. With a 'C' rating of 40.3 for overall impact (bottom 25% of all companies), Lightspeed Commerce ranks 118th out of 137 industry peers, behind Gorilla Commerce, Orva Shoes, Aeries Technology Group and 114 others, and ahead of Black Knight, Bottomline Technologies, Quhuo and 16 others. On top material causes for Lightspeed Commerce's industry (Software & Services), Lightspeed Commerce performs poorly in Quality Lifelong Education (30.2 score), Arts and Culture Access (20.3), Technology Innovation (22.6) and 5 other causes where it received a 'D' or 'F' score. Lightspeed Commerce did not receive an 'A' rating on any cause.
Impact
Cause LSPD
Peer rank
Overall impact

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Company
Employees
3,000
Sector
Information Technology
Industry
Software
Sub-industry
Application Software
SASB industry
Software & IT Services
Headquarters
Qc, Canada
Share classes
LSPD
Description
Lightspeed Commerce Inc. engages in sale of cloud-based software subscriptions and payments solutions for single and multilocation retailers, restaurants, golf course operators, and other businesses in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its software platform enables customers to engage with consumers, manage operations, accept payments, and grow business. The company's cloud platform is designed around interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, point of sale (POS), product and menu management, employee and inventory management comprising ordering, analytics and reporting, multi-location connectivity, order anywhere and curbside pickup functionality, loyalty, and customer management solutions. The company also offers tailored financial solutions, such as Lightspeed Payments and Lightspeed Capital; Lightspeed Restaurant, a unified hospitality commerce offering; Lightspeed Retail, a retail commerce offering; Lightspeed eCommerce that allows merchants to enhance omnichannel reach and increase selling flexibility; and NuORDER to order from the many brands. In addition, it sells hardware, including tablets, customer facing displays, receipt printers, networking hardware, cash drawers, payment terminals, servers, stands, bar-code scanners, and an assortment of accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montreal, Canada
Material causes
Ethos considers the following causes material for Lightspeed Commerce, based on its industry sub-industry Application Software. Learn more about material causes in our methodology overview.

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