Lightspeed partners with Whoosh to enhance private club operations

Published 24/06/2025, 13:08
Lightspeed partners with Whoosh to enhance private club operations

MONTREAL - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), a $1.51 billion market cap technology company with a robust balance sheet and healthy liquidity ratio of 5.36, announced today a strategic partnership with Whoosh to provide private club operators with an integrated platform for scheduling, payments, and membership management.

The partnership will connect Lightspeed’s point of sale and membership management technology with Whoosh’s reservation tools, creating a unified system that gives clubs real-time visibility of member activity across their facilities. The company has demonstrated strong revenue growth of 18.43% over the last twelve months, according to InvestingPro data.

"By integrating Lightspeed with Whoosh’s intuitive reservation and agenda tools, we’re giving private club operators a powerful, seamless workflow that connects every touchpoint across the member journey," said Fraser Marriott, Head of Golf at Lightspeed.

As Whoosh’s Preferred Membership Management Partner, Lightspeed will provide its cloud-based technology directly integrated into Whoosh’s tee sheet, eliminating manual data imports for club operators.

Colin Read, CEO and Co-Founder of Whoosh, said the partnership offers "an integrated platform built to exceed today’s operational expectations and future-proof the member experience."

The integration features Lightspeed Membership Management for centralized billing and Whoosh’s customizable scheduling tools that support various club activities including golf, racquets, fitness, and dining.

Members can access real-time availability, weather updates, and direct messaging through a mobile app, while staff gain instant access to member profiles and spending habits.

The partnership announcement was made via a press release issued by Lightspeed, which provides POS and payments platforms to businesses in over 100 countries. Despite a challenging six-month period with shares down nearly 30%, InvestingPro analysis suggests the stock is currently undervalued. For detailed insights and additional ProTips, including comprehensive financial health metrics, check out the Pro Research Report available on InvestingPro.

In other recent news, Lightspeed POS Inc. reported its financial results for the fourth quarter of 2025, achieving over $1 billion in annual revenue for the first time. The company recorded an earnings per share (EPS) of $0.10, slightly below the forecast of $0.11, but revenue of $253.4 million exceeded expectations. Adjusted EBITDA showed substantial growth, increasing from $1.3 million to $53.7 million, while gross payments volume rose by 40% year-over-year. In response to these developments, Benchmark analysts maintained a Buy rating and a $16.00 price target on Lightspeed stock, reflecting confidence in the company’s growth potential.

Meanwhile, Scotiabank analyst Paul Steep adjusted Lightspeed’s price target to $10.00 from $11.00, maintaining a Sector Perform rating. This revision followed the company’s fourth-quarter performance and a cautious fiscal year 2026 outlook, which anticipates a stronger second half driven by new sales strategies and product innovations. The analyst noted that Lightspeed’s management has been actively repurchasing shares, indicating confidence in the company’s future.

Lightspeed’s fiscal 2026 guidance projects revenue growth of 10-12% and gross profit growth of approximately 14%. The company aims to increase customer locations by 10-15% CAGR and expects payments penetration to continue its upward trajectory. These strategic moves align with Lightspeed’s efforts to strengthen its position in North American retail and European hospitality sectors.

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