Slide 1: ShopKeep Inc Acquisition Overview
ShopKeep Inc Acquisition Overview November 5, 2020
Slide 2: Disclaimer
Disclaimer General All references in this presentation to the “Company”, “Lightspeed”, “us” or “we” are to Lightspeed POS 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. Cautionar
Slide 3: Transaction Summary
Transaction Summary • A market-leading cloud commerce platform for retail and hospitality businesses • ShopKeep’s platform is used by more than 20,000 customer locations (1) across the United States, generating ShopKeep approximately $7B of annualized gross transaction volume (GTV) • ShopKeep genera
Slide 4: Benefits of Lightspeed + ShopKeep Combination
Benefits of Lightspeed + ShopKeep Combination 1 Increased scale in North America and Internationally, with 100,000+ customer locations globally (1) 2 Combined entity represents ~$33B in GTV annually (based on LTM as of Sept 30, 2020) 3 Strengthens existing retail footprint and expands hospitality cu
Slide 5: Reinforces Lightspeed's Status as a Cloud Commerce Category Leader
Reinforces Lightspeed’s Status as a Cloud Commerce Category Leader ~$200M (1) 100,000+ LTM Revenue (2) Customer Locations Served (2) $33B+ (1) Combined LTM GTV (2) Enhanced Payments Opportunity (1) US Dollars (2) As of September 30, 2020
Slide 6: Complementary Business Enhances U.S. Market Share and SMB Presence
Complementary Business Enhances U.S. Market Share and SMB Presence Balanced Customer Exposure (1) Global Footprint (1) Restaurant / Europe & North Retail ROW Hospitality (1) America 55% 45% 45% 55% Leader Scale in SMB Large, Diversified Dominant in North Across Multiple Commerce Merchant Base Americ
Slide 7: Track Record of Successful M&A Transactions
Track Record of Successful M&A Transactions May 2019 July 2019 Oct. 2019 Leading Consolidator of Modern, Cloud-based Commerce Platforms Jan. 2020 Nov. 2020
Slide 8: Appendix A
Appendix A “ARPU” represents the total software and payments revenue of the Company in the period divided by the number of Customer Locations of the Company in the period. “Customer Location” means a billing customer location for which the term of services has not ended, or with which we are negotia