| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
Revenues | ||||||
Subscription solutions | ||||||
310,031 | 188,606 | 111,979 | 66,668 | 38,339 | ||
Merchant solutions | ||||||
363,273 | 200,724 | 93,254 | 38,350 | 11,913 | ||
Total revenues | ||||||
673,304 | 389,330 | 205,233 | 105,018 | 50,252 | ||
Cost of revenues | ||||||
Subscription solutions | ||||||
61,267 | 39,478 | 24,531 | 16,790 | 8,504 | ||
Merchant solutions | ||||||
231,784 | 140,357 | 67,447 | 26,433 | 5,009 | ||
Total cost of revenues | ||||||
293,051 | 179,835 | 91,978 | 43,223 | 13,513 | ||
Gross profit | ||||||
380,253 | 209,495 | 113,255 | 61,795 | 36,739 | ||
Operating expenses | ||||||
Sales and marketing | ||||||
225,694 | 129,214 | 70,374 | 45,929 | 23,351 | ||
Research and development | ||||||
135,997 | 74,336 | 39,722 | 25,915 | 13,682 | ||
General and administrative | ||||||
67,719 | 43,110 | 20,915 | 11,566 | 3,975 | ||
Total operating expenses | ||||||
429,410 | 246,660 | 131,011 | 83,410 | 41,008 | ||
Loss from operations | ||||||
-49,157 | -37,165 | -17,756 | -21,615 | -4,269 | ||
Other income | ||||||
Interest income, net | ||||||
7,850 | 1,536 | 200 | 57 | 42 | ||
Loss on asset disposal | ||||||
- | - | - | -100 | -73 | ||
Foreign exchange gain | ||||||
1,312 | 274 | -1,234 | -653 | -537 | ||
Total other income (expense) | ||||||
9,162 | 1,810 | -1,034 | -696 | -568 | ||
Net loss | ||||||
-39,995 | -35,355 | -18,790 | -22,311 | -4,837 | ||
Other comprehensive income (loss), net of tax | ||||||
Unrealized gain (loss) on cash flow hedges | ||||||
5,253 | -1,818 | 0 | - | - | ||
Comprehensive loss | ||||||
-34,742 | -37,173 | -18,790 | - | - | ||
Basic and diluted net loss per share attributable to shareholders (in dollars per share) | ||||||
-0.42 | -0.42 | -0.30 | -0.57 | -0.13 | ||
Weighted average shares used to compute basic and diluted net loss per share attributable to shareholders (in shares) | ||||||
95,774 | 83,988 | 61,716 | 38,940 | 37,248 | ||