07:29 AM EDT, 05/22/2025 (MT Newswires) -- Lightspeed Commerce ( LSPD ) on Thursday said its fourth-quarter adjusted income and revenue rose.

Adjusted income, which excludes most one-time items, rose to US$15 million, or US$0.10 per share, from US$8.5 million, or US$0.06 per share. The result missed the consensus analysts forecast of US$0.11, according to FactSet.

Net loss jumped to US$575.9 million, or US$3.79 per share, from US$32.5 million, or US$0.21 per share, in the prior year period. The wider net loss includes a non-cash goodwill impairment charge of US$556.4 million.

Total revenue rose 10% to US$253.4 million, beating the expectation of US$251.2 million.

Lightspeed said earlier this year that it expects to grow its outbound sales team to over 150 sales representatives by the end of Fiscal 2026 in addition to upping its investment in product and technology development by over 35%. The benefits of these investments will likely be reflected in the latter half of the year as the new sales representatives ramp through the year, the company said.

For its fiscal first-quarter, Lightspeed is forecasting revenue of US$285 million to US$290 million. It is anticipating revenue growth of between 10% to 12% for fiscal 2026.

The company's shares were last seen unchanged at US$10.77, in New York pre-market trading.