Investors who listened to the most recent earnings call from the e-commerce platform company Shopify (NYSE: SHOP) were in for a treat. Tobi Lutke, Shopify’s CEO, was particularly pointed in answering one analyst’s question on an off-the-books financial ratio. Lutke went on to explain that the company uses its financial statements to “check in” on the company’s progress.
Read on to see how an analyst’s question got the CEO to admit he doesn’t manage the company by its financial statements.
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