Last 7 days
3.7%
Last 30 days
-23.2%
Last 90 days
12.4%
Trailing 12 Months
-76.9%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 2.7% | 1,480,078,000 | 1,441,531,000 | 1,349,292,000 | 1,246,938,000 | 1,122,841,000 |
S&GA Expenses | 7.1% | 677,114,000 | 632,256,000 | 532,343,000 | 425,962,000 | 327,932,000 |
EBITDA | -24.1% | -656,221,000 | -528,766,000 | -602,415,000 | -566,577,000 | -768,634,000 |
EBITDA Margin | -20.9% | -0.44 | -0.37 | -0.45 | -0.45 | -0.68 |
Earnings Before Taxes | -24.6% | -834,382,000 | -669,836,000 | -724,831,000 | -646,183,000 | -878,892,000 |
EBT Margin | -21.3% | -0.56 | -0.46 | -0.54 | -0.54 | -0.77 |
Interest Expenses | 33.4% | 104,058,000 | 78,007,000 | 69,694,000 | 65,900,000 | 64,741,000 |
Net Income | -25.0% | -814,773,000 | -652,071,000 | -707,417,000 | -644,441,000 | -876,821,000 |
Net Income Margin | -21.7% | -0.55 | -0.45 | -0.52 | -0.52 | -0.75 |
Free Cahsflow | 69.2% | -177,955,000 | -577,223,000 | -248,484,000 | -190,090,000 | -269,623,000 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 8.9% | 7,805 | 7,165 | 6,974 | 7,032 | 6,952 |
Cash Equivalents | -5.9% | 1,440 | 1,530 | 1,255 | 2,262 | 2,567 |
Net PPE | 19.4% | 249 | 208 | 171 | 142 | 114 |
Goodwill | 0.5% | 528 | 525 | 540 | 547 | 541 |
Liabilities | 15.1% | 5,295 | 4,602 | 4,356 | 4,456 | 4,484 |
Shareholder's Equity | -2.1% | 2,510 | 2,563 | 2,618 | 2,576 | 2,468 |
Retained Earnings | -17.4% | -2,179 | -1,857 | -1,605 | -1,419 | -1,364 |
Additional Paid-In Capital | 5.9% | 4,716 | 4,455 | 4,231 | 3,988 | 3,829 |
Accumulated Depreciation | 20.8% | 73.00 | 60.00 | - | - | - |
Shares Outstanding | 0.9% | 294 | 291 | 286 | 282 | - |
Float | - | 20,900 | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 86.5% | -64.42 | -476 | -162 | -123 | -218 |
Share Based Compensation | 8.0% | 451 | 418 | 391 | 380 | 462 |
Cashflow From Investing | -39.7% | -1,766 | -1,264 | -2,011 | -901 | -934 |
Cashflow From Financing | -55.0% | 896 | 1,993 | 2,037 | 1,890 | 3,323 |
Buy Backs | 0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
94.8%
93.9%
91.3%
Y-axis is the maximum loss one would have experienced if Affirm Holdings was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -4.07 | -113,588 | 110,412 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.05 | -202,905 | 216,095 | -% |
2023-03-10 | BAILLIE GIFFORD & CO | reduced | -1.42 | -189,250,000 | 195,519,000 | 0.20% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -58.74 | -362,000 | 97,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 23.04 | -157,070 | 271,930 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 84.75 | -76,406 | 1,538,590 | -% |
2023-02-27 | REBALANCE, LLC | new | - | 9,670 | 9,670 | -% |
2023-02-27 | Cravens & Co Advisors, LLC | new | - | 186,998 | 186,998 | 0.17% |
2023-02-24 | NATIXIS | reduced | -0.34 | -276,412 | 272,588 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | sold off | -100 | -91,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | capital research global investors | 11.2% | 25,657,975 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 8.17% | 18,794,360 | SC 13G/A | |
Feb 08, 2023 | morgan stanley | 7.3% | 16,743,222 | SC 13G | |
Jan 20, 2023 | baillie gifford & co | 9.87% | 22,703,709 | SC 13G/A | |
May 03, 2022 | gic private ltd | 11.64% | 27,329,314 | SC 13G/A | |
Mar 10, 2022 | capital research global investors | 10.6% | 23,800,270 | SC 13G/A | |
Feb 11, 2022 | gic private ltd | 10.42% | 22,829,800 | SC 13G | |
Feb 11, 2022 | capital research global investors | 9.3% | 19,364,986 | SC 13G | |
Feb 09, 2022 | vanguard group inc | 7.02% | 14,615,334 | SC 13G |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 2.25 -78.22% | 3.10 -69.99% | 5.69 -44.92% | 10.41 0.77% | 19.86 92.26% |
Current Inflation | 2.20 -78.70% | 2.96 -71.35% | 5.22 -49.47% | 9.30 -9.97% | 17.41 68.54% |
Very High Inflation | 2.12 -79.48% | 2.78 -73.09% | 4.66 -54.89% | 7.98 -22.75% | 14.54 40.76% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 07, 2023 | 8-K | Current Report | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Feb 15, 2023 | 8-K | Current Report | |
Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
Feb 10, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-01 | Adkins Katherine | acquired | - | - | 6,783 | chief legal officer |
2023-03-01 | Linford Michael | acquired | - | - | 2,336 | chief financial officer |
2023-03-01 | Linford Michael | sold (taxes) | -8,473 | 12.61 | -672 | chief financial officer |
2023-03-01 | Jiyane Siphelele | sold (taxes) | -8,549 | 12.61 | -678 | vice president, controller |
2023-03-01 | Michalek Libor | acquired | - | - | 2,336 | president |
2023-03-01 | Jiyane Siphelele | acquired | - | - | 2,636 | vice president, controller |
2023-03-01 | Rabois Keith | sold | -220,673 | 12.7652 | -17,287 | - |
2023-03-01 | Adkins Katherine | sold (taxes) | -25,900 | 12.61 | -2,054 | chief legal officer |
2023-03-01 | Michalek Libor | sold (taxes) | -10,176 | 12.61 | -807 | president |
2023-02-01 | Jiyane Siphelele | acquired | - | - | 2,637 | vice president, controller |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | |
Revenue | ||
Revenue | $ 139,857 | $ 111,639 |
Interest income | 136,802 | 117,302 |
Gain on sales of loans | 63,595 | 30,979 |
Servicing income | 21,370 | 9,465 |
Total Revenue, net | 361,624 | 269,385 |
Operating Expenses | ||
Loss on loan purchase commitment | 35,610 | 51,678 |
Provision for credit losses | 64,250 | 63,647 |
Funding costs | 25,066 | 16,753 |
Processing and servicing | 54,359 | 25,201 |
Technology and data analytics | 144,961 | 78,013 |
Sales and marketing | 163,873 | 63,960 |
General and administrative | 160,972 | 136,204 |
Total Operating Expenses | 649,091 | 435,456 |
Operating Loss | (287,467) | (166,071) |
Other (expense) income, net | 36,018 | (140,373) |
Loss Before Income Taxes | (251,449) | (306,444) |
Income tax expense (benefit) | (180) | 171 |
Net Loss | (251,269) | (306,615) |
Other Comprehensive Loss | ||
Foreign currency translation adjustments | (21,546) | (3,802) |
Unrealized loss on securities available for sale, net | (5,528) | (279) |
Net Other Comprehensive Loss | (27,074) | (4,081) |
Comprehensive Loss | $ (278,343) | $ (310,696) |
Net loss per share attributable to common stockholders for Class A and Class B | ||
Basic (in USD per share) | $ (0.86) | $ (1.13) |
Diluted (in USD per share) | $ (0.86) | $ (1.13) |
Net loss per share: | ||
Basic (in shares) | 290,929,270 | 271,677,516 |
Diluted (in shares) | 290,929,270 | 271,677,516 |
Merchant network revenue | ||
Revenue | ||
Revenue | $ 113,149 | $ 92,244 |
Virtual card network revenue | ||
Revenue | ||
Revenue | $ 26,708 | $ 19,395 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Sep. 30, 2022 | Jun. 30, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 1,530,132 | $ 1,255,171 |
Restricted cash | 383,406 | 295,636 |
Securities available for sale at fair value | 1,237,291 | 1,595,373 |
Loans held for sale | 7,112 | 2,670 |
Loans held for investment | 2,681,637 | 2,503,561 |
Allowance for credit losses | (153,025) | (155,392) |
Loans held for investment, net | 2,528,612 | 2,348,169 |
Accounts receivable, net | 147,757 | 142,052 |
Property, equipment and software, net | 208,460 | 171,482 |
Goodwill | 525,000 | 539,534 |
Intangible assets | 71,037 | 78,942 |
Commercial agreement assets | 241,639 | 263,196 |
Other assets | 284,614 | 281,567 |
Total Assets | 7,165,060 | 6,973,792 |
Liabilities: | ||
Accounts payable | 34,534 | 33,072 |
Payable to third-party loan owners | 90,811 | 71,383 |
Accrued interest payable | 5,292 | 6,659 |
Accrued expenses and other liabilities | 249,812 | 237,598 |
Convertible senior notes, net | 1,707,724 | 1,706,668 |
Notes issued by securitization trusts | 1,720,812 | 1,627,580 |
Funding debt | 792,637 | 672,577 |
Total liabilities | 4,601,622 | 4,355,537 |
Commitments and contingencies | ||
Stockholders’ equity: | ||
Additional paid in capital | 4,454,829 | 4,231,303 |
Accumulated deficit | (1,857,171) | (1,605,902) |
Accumulated other comprehensive loss | (34,223) | (7,149) |
Total stockholders’ equity | 2,563,438 | 2,618,255 |
Total Liabilities and Stockholders’ Equity | 7,165,060 | 6,973,792 |
Class A common stock | ||
Stockholders’ equity: | ||
Common stock | 2 | 2 |
Class B common stock | ||
Stockholders’ equity: | ||
Common stock | $ 1 | $ 1 |