Lightspeed completes year one of transformation plan with revenue beat, earnings miss
Retail tech firm focuses on key markets with share price down 20 percent on the year.
Markets
Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report
Company eyeing the “big prize” of a Toronto-based quantum data centre by 2029.
UniUni to reportedly go public on TSX in $1-billion USD SPAC deal
BC-based last-mile delivery firm says it could pass $1 billion USD in sales this year.
AI investment firm DevCap closes $5 million as it eyes public listing
10 startups in, the poker players-turned-VCs behind the firm unpack its progress and plans.
OpenText reports steady revenue as new CEO comes aboard
Cloud information management company’s Q3 earnings come after layoffs and restructuring.
MDA Space “full steam ahead” on Canadarm3 despite space station cancellation
Brampton, Ont. company highlights soaring revenue, starry future in Q1 earnings report.
Shopify posts strong Q1 revenue growth, but stock still falls on slow growth forecast
E-commerce giant posted loss of $581 million USD due mainly to equity investments.
Former defence minister Harjit Sajjan’s new startup lays groundwork for public listing
Juno Industries has secured $12 million in commitments to list on TSVX in reverse takeover deal.
General Fusion prepares to continue its quest for commercial fusion power as a public company
BC firm lays out its vision for scalable fusion ahead of expected Nasdaq debut.
Lightspeed offloads Upserve at a discount as transformation plan continues
Montréal-based payments firm sells US hospitality business for nearly $350 million less than it paid.
Credo paid $92 million USD in cash to acquire Hyperlume, SEC filing reveals
With Hyperlume’s team and tech, Credo aims to deliver the AI infrastructure of the future.
Xanadu stock trades halted five times on TSX in two days, following price spike
Toronto-based quantum company debuted on exchange just last month.
Blackline Safety to go private in $850-million deal
US-based Francisco Partners to lead privatization of TSX-listed industrial safety tech firm.
Why many of Canada’s tech centaurs are in no rush to go public
Leaders from Clio, GeoComply, Wealthsimple, and others talk IPOs and the “SaaSpocalypse.”
Will Xanadu lead Canadian tech back to public markets?
Plus: Canadian VCs fear an AI-driven “SaaSpocalypse.”