Financial Snapshot

Revenue
$2.455B
TTM
Gross Margin
Net Earnings
-$446.2M
TTM
Current Assets
$1.369B
Q3 2024
Current Liabilities
$323.9M
Q3 2024
Current Ratio
422.72%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.836B
Q3 2024
Cash
Q3 2024
P/E
-50.68
Nov 29, 2024 EST
Free Cash Flow
$380.5M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $2.323B $1.588B $1.349B $870.5M $509.5M $264.4M
YoY Change 46.29% 17.69% 55.01% 70.84% 92.74%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $2.323B $1.588B $1.349B $870.5M $509.5M $264.4M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $1.102B $1.225B $1.110B $565.9M $146.3M $105.8M
YoY Change -10.04% 10.35% 96.11% 286.9% 38.3%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $169.0M $134.6M $52.72M $19.98M $9.444M $5.266M
YoY Change 25.56% 155.37% 163.89% 111.55% 79.34%
% of Gross Profit
Operating Expenses $1.102B $1.225B $1.110B $565.9M $146.3M $105.8M
YoY Change -10.04% 10.35% 96.11% 286.9% 38.3%
Operating Profit -$615.8M -$1.201B -$866.0M -$383.7M -$107.8M -$127.4M
YoY Change -48.72% 38.66% 125.73% 255.94% -15.42%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense -$344.3M -$183.0M -$69.69M -$52.70M -$32.30M -$25.90M
YoY Change 88.1% 162.6% 32.25% 63.16% 24.71%
% of Operating Profit
Other Income/Expense, Net $100.3M $211.6M $141.2M -$59.70M -$4.432M $7.022M
YoY Change -52.59% 49.85% -336.53% 1247.09% -163.12%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income -$515.5M -$989.2M -$724.8M -$443.4M -$112.2M -$120.4M
YoY Change -47.89% 36.48% 63.48% 295.08% -6.81%
Income Tax $2.230M -$3.900M -$17.41M -$2.343M $376.0K $36.00K
% Of Pretax Income
Net Earnings -$517.8M -$985.3M -$707.4M -$441.0M -$112.6M -$120.5M
YoY Change -47.45% 39.29% 60.4% 291.68% -6.52%
Net Earnings / Revenue -22.29% -62.05% -52.43% -50.67% -22.1% -45.56%
Basic Earnings Per Share -$1.67 -$3.34 -$2.51 -$2.78 -$2.63 -$2.84
Diluted Earnings Per Share -$1.67 -$3.34 -$2.51 -$2.94 -$2.63 -$2.84

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $1.013B $892.0M $1.255B $1.467B $267.1M $320.4M
YoY Change 13.57% -28.93% -14.41% 449.07% -16.64%
Cash & Equivalents $1.013B $892.0M $1.255B $1.467B $267.1M $320.4M
Short-Term Investments
Other Short-Term Assets $35.17M $111.3M
YoY Change -68.39%
Inventory
Prepaid Expenses
Receivables $353.0M $199.1M $142.1M $91.58M $59.00M $43.10M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.366B $1.091B $1.432B $1.669B $326.1M $363.5M
YoY Change 25.21% -23.83% -14.2% 411.93% -10.29%
Property, Plant & Equipment $449.5M $320.3M $171.5M $120.3M $48.10M $33.60M
YoY Change 40.35% 86.79% 42.51% 150.16% 43.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.169B $1.218B $1.595B $27.45M
YoY Change -3.97% -23.67% 5712.35%
Other Assets $311.1M $403.6M $298.3M $260.2M $67.50M $41.90M
YoY Change -22.92% 35.3% 14.66% 285.44% 61.1%
Total Long-Term Assets $8.153B $7.065B $5.541B $3.198B $1.076B $785.0M
YoY Change 15.41% 27.49% 73.3% 197.12% 37.1%
Total Assets $9.520B $8.156B $6.974B $4.867B $1.402B $1.149B
YoY Change
Accounts Payable $41.02M $28.60M $33.07M $57.76M $18.40M $10.80M
YoY Change 43.41% -13.52% -42.74% 213.9% 70.37%
Accrued Expenses $123.4M $116.8M $244.3M $150.7M $22.40M $11.70M
YoY Change 5.72% -52.2% 62.05% 572.92% 91.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $324.1M $199.2M $244.2M $258.6M $65.80M $39.20M
YoY Change 62.69% -18.41% -5.57% 292.97% 67.86%
Long-Term Debt $6.415B $5.345B $4.007B $1.857B $892.1M $569.2M
YoY Change 20.03% 33.39% 115.74% 108.19% 56.73%
Other Long-Term Liabilities $48.32M $77.62M $104.5M $170.0M $7.200M $5.300M
YoY Change -37.75% -25.75% -38.49% 2260.67% 35.85%
Total Long-Term Liabilities $6.464B $5.422B $4.007B $2.027B $899.3M $574.5M
YoY Change 19.2% 35.32% 97.65% 125.42% 56.54%
Total Liabilities $6.788B $5.621B $4.356B $2.286B $965.2M $613.8M
YoY Change 20.75% 29.06% 90.55% 136.82% 57.25%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $22.612 Billion

About Affirm Holdings, Inc.

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce. The company is headquartered in San Francisco, California and currently employs 2,006 full-time employees. The company went IPO on 2021-01-13. The firm operates a payment network that helps consumers and merchants drive growth. Its platform comprises three core elements: point-of-sale payment solutions for consumers, merchant commerce solutions, and a consumer-focused app. Its Affirm App and Website provide tailored offers from merchants based on consumers’ preferences. Consumers can apply at affirm.com or via the Affirm App and, upon approval, receive a single-use virtual card to use online or in-store. Affirm Card allows consumers to link a bank account to pay in full, or apply to pay over time through the Affirm App. The company offers users an in-app post-purchase feature that allows them to instantly apply to convert any eligible debit transaction into an installment loan. Through the Affirm app and in partnership with Cross River Bank, it offers a high-yield savings account, with no minimum deposit requirements or fees.

Industry: Personal Credit Institutions Peers: Concentrix Corp EURONET WORLDWIDE, INC. ExlService Holdings, Inc. JACK HENRY & ASSOCIATES INC Marqeta, Inc. SS&C Technologies Holdings Inc Toast, Inc. VISA INC. Western Union CO WEX Inc.