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SHOPIFY INC

For the period ended Dec 31, 2024. Filed Feb 11, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 11, 2025

SHOP$152.06+2.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Changes in Shareholders' Equity

(Expressed in US $ millions, except share amounts)

Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated (Deficit) Surplus · Total
Shares(1) · Amount
As of December 31, 20211,258,971,5908,040161(6)2,93811,133
Exercise of stock options3,126,86934(17)——17
Stock-based compensation——549——549
Vesting of restricted share units7,380,507471(471)———
Issuance of Founder share1—————
Issuance of shares related to business acquisitions5,649,600202(192)——10
Net income and comprehensive income for the year———(10)(3,460)(3,470)
As of December 31, 20221,275,128,5678,74730(16)(522)8,239
Exercise of stock options3,915,216109(49)——60
Stock-based compensation——615——615
Vesting of restricted share units7,288,043335(335)———
Issuance of shares related to business acquisitions238,46810(10)———
Net income and comprehensive income for the year———20132152
As of December 31, 20231,286,570,2949,2012514(390)9,066
Exercise of stock options2,576,62889(28)——61
Stock-based compensation——430——430
Vesting of restricted share units5,433,218344(348)——(4)
Net income and comprehensive income for the year———(14)2,0192,005
As of December 31, 20241,294,580,1409,634305(10)1,62911,558

(1)Share amounts as of December 31, 2021 have been retrospectively adjusted to reflect the share split ("Share Split") effected in June 2022. See Note 19 for details.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.