The Globe and Mail reports in its Tuesday, June 17, edition that Shopify is a Canadian application software company worth consideration. The Globe's guest columnist Brian Donovan writes in the Number Cruncher column that like so many other stocks, Shopify has rebounded significantly from its lows in early April, rising almost 50 per cent since then. Shopify offers an e-commerce platform primarily to small and medium-sized businesses. Shopify has two segments: the subscription segment allows its merchants to conduct e-commerce on a variety of platforms and the merchant segment offers add-on products for the platform that facilitate e-commerce. Last month they rolled out a new artificial intelligence product offering entitled "AI Store Builder," which enables users to automate their website set-up process by asking questions that help shape the site's features. In its most recent quarter, Shopify's revenue climbed by 27 per cent year-over-year to $2.36-billion, while it reported a net loss of $682-million. Mr. Donovan says his investing models show Shopify as essentially fully valued at this level. Shopify is listed on both the TSX and NYSE, and was added to the Nasdaq 100 index on May 19.