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Lightspeed Commerce Inc

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uuid00pxp4t

Namestring
Lightspeed Commerce Inc
Websiteurl
lightspeedhq.mx
Company typeenum
Private
Founded yearint
2005
Descriptiontext

Lightspeed Commerce Inc is a publicly traded commerce software provider that operates a cloud-based point-of-sale platform serving small and mid-sized businesses in the retail and restaurant verticals. The core product portfolio consists of a Retail POS (serving fashion/apparel, jewelry, bicycle, electronics, and pet stores) and a Restaurant POS (serving cafes, bars, bakeries, quick-service restaurants, and hotels), built on an integrated platform that unifies inventory, staff management, and customer information in a single system. The platform extends beyond the in-store terminal into an eCommerce storefront builder, a customer loyalty and CRM module, and integrated payment services, positioning the company as a full-stack SMB commerce provider rather than a pure terminal vendor.

The go-to-market combines a direct, self-serve online channel (multi-language and multi-country websites covering North America, Europe, and Oceania) with a regional reseller network across Latin America spanning Mexico, Colombia, Costa Rica, El Salvador, Panama, Ecuador, the Dominican Republic, Peru, and Chile. Specific subscription pricing is not publicly disclosed on the source pages reviewed, but the model is consistent with a SaaS-plus-payments structure typical of SMB commerce platforms, complemented by a free-trial acquisition mechanism ("Prueba Gratis") at the top of the funnel and partner-led sales for mid-market deployments. Customer concentration is structurally low given the SMB target, and the company maintains an investor relations function consistent with public-company governance.

Short descriptiontext

Lightspeed Commerce Inc is a publicly traded cloud-based POS and commerce platform serving small and mid-sized retailers and restaurants, offering integrated inventory, eCommerce, loyalty/CRM, and payments across multi-country direct and reseller channels.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersMontreal, Canada
HQ citystring
Montreal
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
cloud POS systems, retail point of sale, restaurant point of sale, unified commerce platform, integrated payments processing
Industry2 codes
1Retail ERP (Merchandising, POS Back Office)
CodeHDAEAEADPrimaryYes
2Point-of-Sale (POS) & On-Property Commerce
CodeTHALACAIPrimaryNo
Product category
Cloud-based Point-of-Sale (POS) Software
Social media profiles1 record
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Personnel, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Lightspeed Commerce Inc provides a cloud-based unified commerce platform that combines point-of-sale (POS) terminals, inventory management, eCommerce, integrated payments, and loyalty/CRM tools for small and mid-sized businesses. Its core offerings include Retail POS (for fashion, jewelry, bicycle, electronics, and pet stores) and Restaurant POS (for cafes, bars, quick-service restaurants, and bakeries), with a complementary eCommerce platform that unifies stock across all sales channels.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Lightspeed Commerce Inc offers a unified commerce platform combining POS (Point of Sale) systems, eCommerce, and business management tools. The core product portfolio includes Retail POS for retail businesses (serving fashion, jewelry, bicycles, and electronics stores) and Restaurant POS for food service establishments (including bars, quick-service restaurants, and cafes). These are complemented by an eCommerce platform for building online stores, a Lealtad y CRM module for customer loyalty and relationship management, and integrated payment services. The platform enables businesses to manage inventory, services, information, and staff from a single provider with unified stock management across all sales channels.

Product and service3 records
1Retail POS (Terminal Punto de Venta)
CategoryPoint-of-Sale Software
Description

Cloud-based point-of-sale system designed for retail businesses, providing intuitive inventory management, streamlined sales processing, and integrated eCommerce capabilities for fashion/apparel, jewelry, bicycle, electronics, and pet stores.

2Restaurant POS (Terminal Punto de Venta)
CategoryPoint-of-Sale Software
Description

Cloud-based point-of-sale system for restaurant and food-service businesses including cafes, bars, quick-service restaurants, and bakeries, offering order management, table service, and integrated payment processing.

3eCommerce Platform (Plataforma de comercio electrónico)
CategoryE-commerce Software
Description

Online store builder that enables merchants to create and run web storefronts without technical skills, with unified inventory/stock management across all sales channels (in-store, online).

Partnership5 partners
Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Lightspeed partner in Mexico. Ambit provides Lightspeed POS solutions to retailers and restaurants in the Mexican market as a local reseller and implementation partner.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Lightspeed partner in Colombia. Colombeia serves as the local reseller and implementation partner for Lightspeed POS solutions in the Colombian market.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Lightspeed partner in Costa Rica. AgTech Intl operates as the authorized reseller and implementation partner for Lightspeed solutions in the Costa Rican market.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Lightspeed partner in El Salvador. EJJE serves as the local reseller and implementation partner for Lightspeed POS solutions in the Salvadoran market.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Lightspeed partner covering multiple Latin American countries including Panama, Ecuador, Dominican Republic, Colombia, Costa Rica, Peru, and Chile. WebPOS Online provides Lightspeed POS solutions across these markets as an authorized regional reseller.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

NCR's Aloha and NCR Counterpoint serve enterprise restaurant and retail POS needs, competing with Lightspeed at the larger end of its SMB target market as a broader incumbent offering.

TypeDirect peer
Description

Shopify POS competes head-to-head with Lightspeed's Retail POS and eCommerce platform, particularly for omnichannel retailers needing unified inventory across online and physical stores.

TypeDirect peer
Description

Toast is a cloud POS specialist purpose-built for restaurants (bars, QSRs, cafes), directly overlapping Lightspeed's Restaurant POS product line in target customer, workflow, and integrated-payments model.

TypeBroad incumbent
Description

PAR Technology provides enterprise restaurant POS (Brink, PixelPoint) and the Punchh loyalty platform, competing with Lightspeed's Restaurant POS and loyalty module across SMB and mid-market food service.

TypeDirect peer
Description

Block's Square is the dominant cloud-based POS for SMBs across retail and restaurant verticals with integrated payments and eCommerce. It directly competes with Lightspeed on merchant acquisition, pricing, and feature breadth.

TypeDirect peer
Description

Clover is a cloud POS and payments platform from Fiserv targeting SMBs across retail and food service, with integrated hardware terminals — closely comparable to Lightspeed's bundled POS-plus-payments offering.

TypeDirect peer
Description

TouchBistro is an iPad-based POS built specifically for restaurants (bars, cafes, QSRs), competing with Lightspeed's Restaurant POS on the same SMB food-service buyer and similar subscription model.

TypeDirect peer
Description

Revel Systems offers an iPad-based POS with integrated inventory and payments for SMB retail and restaurants, overlapping Lightspeed on core product functionality and target verticals.

TypeBroad incumbent
Description

Oracle's Micros Simphony is a large-scale restaurant POS platform used by chains and hospitality groups, overlapping Lightspeed's hospitality POS offering as a broader incumbent with adjacent verticals.

TypeBroad incumbent
Description

Global Payments offers Heartland Retail, a cloud POS for specialty retailers, competing with Lightspeed's Retail POS while leveraging Global Payments' broader payment-processing footprint as an incumbent advantage.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks3 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Lightspeed Commerce Inc

Cloud-based Point-of-Sale (POS) Softwarelightspeedhq.mx

Lightspeed Commerce Inc is a publicly traded cloud-based POS and commerce platform serving small and mid-sized retailers and restaurants, offering integrated inventory, eCommerce, loyalty/CRM, and payments across multi-country direct and reseller channels.

What Lightspeed Commerce Inc does

Lightspeed Commerce Inc is a publicly traded commerce software provider that operates a cloud-based point-of-sale platform serving small and mid-sized businesses in the retail and restaurant verticals. The core product portfolio consists of a Retail POS (serving fashion/apparel, jewelry, bicycle, electronics, and pet stores) and a Restaurant POS (serving cafes, bars, bakeries, quick-service restaurants, and hotels), built on an integrated platform that unifies inventory, staff management, and customer information in a single system. The platform extends beyond the in-store terminal into an eCommerce storefront builder, a customer loyalty and CRM module, and integrated payment services, positioning the company as a full-stack SMB commerce provider rather than a pure terminal vendor.

The go-to-market combines a direct, self-serve online channel (multi-language and multi-country websites covering North America, Europe, and Oceania) with a regional reseller network across Latin America spanning Mexico, Colombia, Costa Rica, El Salvador, Panama, Ecuador, the Dominican Republic, Peru, and Chile. Specific subscription pricing is not publicly disclosed on the source pages reviewed, but the model is consistent with a SaaS-plus-payments structure typical of SMB commerce platforms, complemented by a free-trial acquisition mechanism ("Prueba Gratis") at the top of the funnel and partner-led sales for mid-market deployments. Customer concentration is structurally low given the SMB target, and the company maintains an investor relations function consistent with public-company governance.

Lightspeed Commerce Inc firmographics

Firmographics
Name
Lightspeed Commerce Inc
Website
https://lightspeedhq.mx
Company type
Private
Founded year
2005
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Lightspeed Commerce Inc is a publicly traded cloud-based POS and commerce platform serving small and mid-sized retailers and restaurants, offering integrated inventory, eCommerce, loyalty/CRM, and payments across multi-country direct and reseller channels.
Ownership category
akta.pro rank

Lightspeed Commerce Inc industry classification

Industry
Product category
Cloud-based Point-of-Sale (POS) Software
akta.pro primary industry
Retail ERP (Merchandising, POS Back Office) (HDAEAEAD)
akta.pro secondary industry
Point-of-Sale (POS) & On-Property Commerce (THALACAI)

Keywords

  • Cloud POS systems
  • Retail point of sale
  • Restaurant point of sale
  • Unified commerce platform
  • Integrated payments processing

Where Lightspeed Commerce Inc is headquartered

Location

Headquarters

HQ city
Montreal
HQ country
Canada
HQ region
North America

Markets served

Lightspeed Commerce Inc business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations

Distribution channels2 records

Marketing channels4 records

Lightspeed Commerce Inc product offering

Product offering

Core offering

Lightspeed Commerce Inc provides a cloud-based unified commerce platform that combines point-of-sale (POS) terminals, inventory management, eCommerce, integrated payments, and loyalty/CRM tools for small and mid-sized businesses. Its core offerings include Retail POS (for fashion, jewelry, bicycle, electronics, and pet stores) and Restaurant POS (for cafes, bars, quick-service restaurants, and bakeries), with a complementary eCommerce platform that unifies stock across all sales channels.

Product overview

Lightspeed Commerce Inc offers a unified commerce platform combining POS (Point of Sale) systems, eCommerce, and business management tools. The core product portfolio includes Retail POS for retail businesses (serving fashion, jewelry, bicycles, and electronics stores) and Restaurant POS for food service establishments (including bars, quick-service restaurants, and cafes). These are complemented by an eCommerce platform for building online stores, a Lealtad y CRM module for customer loyalty and relationship management, and integrated payment services. The platform enables businesses to manage inventory, services, information, and staff from a single provider with unified stock management across all sales channels.

Differentiator

Problem solved

Functional benefit

Products and services

  • Retail POS (Terminal Punto de Venta) Cloud-based point-of-sale system designed for retail businesses, providing intuitive inventory management, streamlined sales processing, and integrated eCommerce capabilities for fashion/apparel, jewelry, bicycle, electronics, and pet stores.
  • Restaurant POS (Terminal Punto de Venta) Cloud-based point-of-sale system for restaurant and food-service businesses including cafes, bars, quick-service restaurants, and bakeries, offering order management, table service, and integrated payment processing.
  • eCommerce Platform (Plataforma de comercio electrónico) Online store builder that enables merchants to create and run web storefronts without technical skills, with unified inventory/stock management across all sales channels (in-store, online).

Companies that use Lightspeed Commerce Inc

Customer profile

Segments2 records

Ideal customer profiles2 records

Lightspeed Commerce Inc technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Lightspeed Commerce Inc partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered regional.

  • AmbitregionalChannel Partner/ Reseller/ DistributorLightspeed partner in Mexico. Ambit provides Lightspeed POS solutions to retailers and restaurants in the Mexican market as a local reseller and implementation partner.
  • ColombeiaregionalChannel Partner/ Reseller/ DistributorLightspeed partner in Colombia. Colombeia serves as the local reseller and implementation partner for Lightspeed POS solutions in the Colombian market.
  • AgTech Intl (agtechintl.com)regionalChannel Partner/ Reseller/ DistributorLightspeed partner in Costa Rica. AgTech Intl operates as the authorized reseller and implementation partner for Lightspeed solutions in the Costa Rican market.
  • EJJEregionalChannel Partner/ Reseller/ DistributorLightspeed partner in El Salvador. EJJE serves as the local reseller and implementation partner for Lightspeed POS solutions in the Salvadoran market.
  • WebPOS OnlineregionalChannel Partner/ Reseller/ DistributorLightspeed partner covering multiple Latin American countries including Panama, Ecuador, Dominican Republic, Colombia, Costa Rica, Peru, and Chile. WebPOS Online provides Lightspeed POS solutions across these markets as an authorized regional reseller.

Recent moves5 records

Expansion highlights4 records

Lightspeed Commerce Inc competitors and assessment

Company assessment

Broad incumbents

  • NCR Voyix (Aloha): NCR's Aloha and NCR Counterpoint serve enterprise restaurant and retail POS needs, competing with Lightspeed at the larger end of its SMB target market as a broader incumbent offering.
  • PAR Technology: PAR Technology provides enterprise restaurant POS (Brink, PixelPoint) and the Punchh loyalty platform, competing with Lightspeed's Restaurant POS and loyalty module across SMB and mid-market food service.
  • Oracle Food & Beverage (Micros): Oracle's Micros Simphony is a large-scale restaurant POS platform used by chains and hospitality groups, overlapping Lightspeed's hospitality POS offering as a broader incumbent with adjacent verticals.
  • Global Payments (Heartland Retail): Global Payments offers Heartland Retail, a cloud POS for specialty retailers, competing with Lightspeed's Retail POS while leveraging Global Payments' broader payment-processing footprint as an incumbent advantage.

Direct peers

  • Shopify POS: Shopify POS competes head-to-head with Lightspeed's Retail POS and eCommerce platform, particularly for omnichannel retailers needing unified inventory across online and physical stores.
  • Toast: Toast is a cloud POS specialist purpose-built for restaurants (bars, QSRs, cafes), directly overlapping Lightspeed's Restaurant POS product line in target customer, workflow, and integrated-payments model.
  • Block (Square): Block's Square is the dominant cloud-based POS for SMBs across retail and restaurant verticals with integrated payments and eCommerce. It directly competes with Lightspeed on merchant acquisition, pricing, and feature breadth.
  • Clover (Fiserv): Clover is a cloud POS and payments platform from Fiserv targeting SMBs across retail and food service, with integrated hardware terminals — closely comparable to Lightspeed's bundled POS-plus-payments offering.
  • TouchBistro: TouchBistro is an iPad-based POS built specifically for restaurants (bars, cafes, QSRs), competing with Lightspeed's Restaurant POS on the same SMB food-service buyer and similar subscription model.
  • Revel Systems: Revel Systems offers an iPad-based POS with integrated inventory and payments for SMB retail and restaurants, overlapping Lightspeed on core product functionality and target verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks3 records

Key highlights6 records

Customer concentration

Lightspeed Commerce Inc social profiles

Digital presence

Lightspeed Commerce Inc financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Lightspeed Commerce Inc leadership team

Management profile

Number of profiles

Lightspeed Commerce Inc funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Lightspeed Commerce Inc M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lightspeed Commerce Inc

What does Lightspeed Commerce Inc do?

Lightspeed Commerce Inc provides a cloud-based unified commerce platform that combines point-of-sale (POS) terminals, inventory management, eCommerce, integrated payments, and loyalty/CRM tools for small and mid-sized businesses. Its core offerings include Retail POS (for fashion, jewelry, bicycle, electronics, and pet stores) and Restaurant POS (for cafes, bars, quick-service restaurants, and bakeries), with a complementary eCommerce platform that unifies stock across all sales channels.

When was Lightspeed Commerce Inc founded?

Lightspeed Commerce Inc was founded in 2005. It employs 1,001 to 5,000 people.

Where is Lightspeed Commerce Inc based?

Lightspeed Commerce Inc is headquartered in Montreal, Canada, in the North America region.

Who are Lightspeed Commerce Inc's main competitors?

Broad incumbents on record are NCR Voyix (Aloha), PAR Technology, Oracle Food & Beverage (Micros) and Global Payments (Heartland Retail). Direct peers are Shopify POS, Toast, Block (Square), Clover (Fiserv), TouchBistro and Revel Systems.

Does Lightspeed Commerce Inc have an API?

No public API is recorded for Lightspeed Commerce Inc.

What industry is Lightspeed Commerce Inc in?

Lightspeed Commerce Inc's product category is Cloud-based Point-of-Sale (POS) Software. Its primary akta.pro industry code is HDAEAEAD, Retail ERP (Merchandising, POS Back Office), with a secondary code of THALACAI, Point-of-Sale (POS) & On-Property Commerce.

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Live signals
PR NewswireLightspeed Announces Fiscal Second Quarter 2027 Financial Results Conference CallLightspeed Commerce Inc. announced it will report its second quarter 2027 financial results before market open on November 5, 2026. Management will host a conference call and webcast at 8:00 am ET, with registration and replay details provided.YahooLightspeed Commerce Appoints Technology Industry Veteran Rupal Hollenbeck to Board of DirectorsLightspeed Commerce Inc. announced on August 25, 2026 that Rupal Hollenbeck has been appointed to its Board of Directors, effective October 1, 2026, bringing 30 years of technology and go-to-market leadership experience. Hollenbeck is President and Chief Business Officer of NextSilicon and previously led global go-to-market operations at Check Point, Cerebras, and Oracle. Board Chair Manon Brouillette said her commercial expertise will add value as Lightspeed executes its strategy. Nathalie Gaveau will step down from the board on September 30, 2026.SalesTech StarLightspeed Commerce Appoints Technology Industry Veteran Rupal Hollenbeck to Board of DirectorsLightspeed Commerce appointed Rupal Hollenbeck to its Board of Directors, effective October 1, 2026, bringing 30 years of technology and go-to-market leadership. She will serve as President and Chief Business Officer of NextSilicon. Nathalie Gaveau will step down from the board, effective September 30, 2026.YahooLightspeed Commerce Inc. (LSPD) Recently Broke Out Above the 20-Day Moving AverageShares of Lightspeed Commerce Inc. (LSPD) recently broke above its 20-day moving average, a technical indicator suggesting a short-term bullish trend and potential for continued price gains. The company holds a Zacks Rank #3 (Hold) status, supported by positive earnings estimate revisions where consensus estimates have increased over the past two months.FoolThis Stock Is Still Deep in the Red, but the Business Has Already TurnedLightspeed Commerce's stock has declined 90% from its peak, yet the company is reportedly achieving organic growth and reducing losses through a strategic refocus. Despite these operational improvements, the business continues to generate negative free cash flow, indicating that the turnaround is not yet fully durable.KalkineLightspeed Commerce Stock Under Pressure as Valuation Concerns and Growth Expectations Weigh on InvestorsLightspeed Commerce Inc. shares declined by 3.99% on August 17, 2026, driven by investor caution regarding valuation and the sustainability of growth expectations amidst broader technology sector volatility. While the company continues to report improvements in revenue and customer adoption, market participants are closely monitoring its ability to translate these gains into durable profitability and free cash flow generation. The stock's performance reflects wider concerns about margin pressures and competitive intensity within the cloud-based commerce platform industry.MarketScreenerTSX Closer: The Index Retreats From a Record High as Technology Stocks DropThe S&P/TSX Composite Index retreated from a record high on August 14, 2026, closing at 36,730.27 points with a 0.08% decline as technology stocks dropped. The market trim in weekly gains was driven by declines in major tech firms like Shopify and Lightspeed Commerce, while sectors such as mining and energy saw increases. This follows a six-day winning streak for the index, highlighting a shift in investor sentiment toward specific commodity sectors over technology.FoolLightspeed Stock Plunged 13% After Earnings: Is the Turnaround Finally a Buy?Lightspeed Commerce experienced a 13% stock decline after reporting quarterly earnings with improved financial metrics but without raising guidance, indicating investor caution about its outlook. The company reported a 17% organic revenue growth, narrowed losses, and increased payment volume, but also highlighted expanded payments with lower margins and weak cash flow. It remains cautious, emphasizing the importance of execution ahead of potential long-term gains.YahooLIGHTSPEED ANNOUNCES VOTING RESULTS FROM ITS ANNUAL AND SPECIAL SHAREHOLDERS' MEETINGLightspeed Commerce Inc. held its annual and special shareholders' meeting on July 30, 2026, in Montreal, where shareholders voted in favor of all items of business. The seven director nominees were elected with overwhelming approval ranging from 97.98% to 99.79%, while PwC was appointed as the company's auditors with 99.54% approval. Shareholders also approved the advisory vote on executive compensation and the extension of the company's Amended and Restated Omnibus Incentive Plan.PR NewswireLightspeed Announces First Quarter 2027 Financial ResultsLightspeed Commerce Inc. reported Q1 FY2027 financial results for the three months ended June 30, 2026, with total revenue of $322.7 million representing 17% organic growth year-over-year and exceeding outlook, while net loss improved significantly to $2.4 million from $49.6 million in the prior year period. The company also delivered Adjusted Income of $17.4 million, up from $7.9 million year-over-year, and completed the divestiture of its non-core Upserve U.S. hospitality product line to Skyview Equity for up to $81 million. Looking ahead, Lightspeed reaffirmed its confidence in meeting its three-year Adjusted Free Cash Flow target of $95 million for Fiscal 2028.