In London from Oct 7th—let’s meet! 😁
At @capitaliply , we’re working on SaaS deals with 80%+ margins, 20%+ growth, and 7% dividends.
Let’s chat if you're interested! 😊
I just jumped off @Shopify’s Q2 2024 Earnings Call. Shopify had a great quarter and we continue to push the envelope of what’s possible in commerce.
ICYMI, here are the highlights of Q2 2024 @Shopify:
1️⃣ We passed a major milestone: Shopify has officially processed 1 TRILLION dollars in cumulative GMV
2️⃣ We delivered on the financials:
- Gross Profit in Q2 was $1 billion dollars - up 25% YoY and grew faster than revenue which was $2 billion for the quarter
- Our free cash flow margin more than doubled to 16% from 6% last year
- This is our fourth consecutive quarter of double-digit free cash flow margin
3️⃣ Brands continue to flock to Shopify; Casper, Away luggage, Tonal, Vince Camuto, Ami Paris, Therabody, and legacy brands like QVC and Barnes and Noble all joined Shopify.
⚡We aren’t just helping brands thrive online, but also offline in physical retail. Our offline business surpassed $100 billion in cumulative GMV. Brands like Mejuri and Evereve launched online and offline with Shopify, and Oak + Fort launched online and rolled out Shopify POS in over 40 locations.
⚡B2B continues to grow. Shopify had its single largest GMV month ever for our B2B business and B2B grew more than 140% YoY.
We had incredible operational discipline, and we nailed the execution of the plan we laid out. We are so well positioned to power commerce for years to come.
Thank you to everyone on the Shopify team, our partners, and our incredible community for an exceptional quarter🚀
We were thrilled to be part of the major event, Shopify Editions.dev 🎉, and to sponsor the unofficial afterparty 🎊, which saw over 400 attendees. It was a significant day for everyone connected to the Shopify ecosystem who believes in the growth of ecommerce 🚀
Hello there! We are Capitaliply, a roll-up fund that acquires Shopify applications (B2B SaaS) with high margins and optimize them afterwards.
Founded in early 2023, we completed five acquisition deals and increased the total portfolio revenue by at least 40%.
Hello everyone! We are Capitaliply, a roll-up company specializing in acquiring and investing in Shopify apps and businesses. With over 8 years of experience in the Shopify app industry, we're excited to share our expertise and updates with you. Stay tuned! #Shopify#ShopifyApps