Affirm Holdings, Inc. (NASDAQ:AFRM) Barclays 14th Annual Emerging Payments and FinTech Forum May 15, 2024 2:25 PM ET Company Participants Brooke Major-Reid - Chief Capital Officer Robert O'Hare - SVP, Finance Conference Call Participants Ramsey El-Assal - Barclays Ramsey El-Assal All right. Our next fireside chat of the day is with the Brooke Major-Reid, Chief Capital Officer; and Robert O'Hare, SVP Finance of Affirm. Brooke and Rob, thank you for being here again. Pleased to have you. Brooke Major-Reid Tha ...

From a technical perspective, Affirm Holdings (AFRM) is looking like an interesting pick, as it just reached a key level of support. AFRM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Th ...

Shopify财报 - Shopify第一季度营收增长23%，略低于之前的报告[1] - Shopify预计第二季度营收增长率将放缓[1] - Shopify股价下跌近25%[2] - Shopify去年营收增长部分是由于提高了标准计划的价格[3] - Shopify CFO表示，第二季度将面临标准计划价格变化的影响[4] Affirm合作 - Affirm股价在Shopify财报发布后下跌超过6%[5] - Shopify和Affirm有紧密联系，Shop Pay Installments支付选项由Affirm提供[6] - Affirm CFO表示，与Shopify的合作在第二季度增长超过公司总GMV增长率的两倍[7] 消费者趋势 - 全球数字购物指数报告显示，29%的消费者更喜欢通过数字渠道纯粹远程购物[7] - 28%的消费者在过去三个月使用了延迟付款计划，其中19%使用了BNPL[8]

Affirm Holdings, Inc. (AFRM) posted better-than-expected third-quarter fiscal 2024 results, which were driven by an expanding Gross Merchandise Volume (“GMV”), improved servicing income and card network revenues coupled with a higher volume of transactions.  The results were partly offset by an escalating expense level, which was primarily due to a significant increase in provision for credit losses.AFRM incurred a third-quarter loss of 43 cents per share, which was narrower than the Zacks Consensus Estimat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39888 Affirm Holdings, Inc. (Exact name of registrant as specified in its charter) (Registrant's telephon ...

核心业绩表现 - 第三季度总营收同比增长51%至5.76亿美元，商品总额（GMV）同比增长36%至63亿美元，连续第四个季度加速增长 [1][2] - 调整后营业利润同比增加8500万美元，调整后营业利润率为14%，而去年同期为亏损2% [5] - 运营亏损同比改善1.49亿美元，主要得益于运营费用减少和收入减交易成本（RLTC）增加 [5] 业务增长驱动力 - 一般商品类GMV增长49%，旅游和票务类GMV增长35%，直接面向消费者的GMV同比增长49%至16亿美元 [1] - 活跃消费者数量同比增长13%至1810万，活跃商户数量同比增长19%至29.2万 [2] - Affirm Card活跃持卡人数量近期超过100万，新用户群的平均年消费额持续增长 [4] 信贷与财务健康状况 - 收入占GMV的百分比从去年同期的8.2%提升至9.2% [2] - 收入减交易成本（RLTC）占GMV的百分比维持在3-4%的长期目标范围内 [5] - 不包括Peloton的月度分期贷款30天以上逾期率同比和环比均略有下降，近期贷款组合的表现达到或优于疫情前水平 [5][6] 战略重点与合作伙伴 - 公司专注于增强核心产品，推出了可嵌入版本的Purchasing Power和人工智能客服助手 [4] - 中型商户（GMV在1000万至1500万美元之间）被强调为关键增长动力，其增长率超过商户本身的增长率 [2] - 与沃尔玛的合作关系出现不确定性，同时与陷入困境的家用健身设备公司Peloton的融资安排存在潜在风险，Peloton的市值已从2021年1月的493亿美元高点跌至13亿美元 [3]

财务数据和关键指标变化 - 公司第三季度GMV同比增长36%,超出预期 [21][22] - 公司预计第四季度GMV同比增长25%,增速有所放缓但仍保持较高水平 [21][22] - 公司调整后营业利润率在15%-17%之间,保持较高水平 [36][37] 各条业务线数据和关键指标变化 - Affirm Card业务使用情况持续改善,新用户使用频率高于早期用户 [24][25][26] - Affirm Card业务在餐饮等场景的使用有所增加 [63] 各个市场数据和关键指标变化 - 公司计划在英国市场推出业务,将面临一个学习期来评估当地的信用表现 [66][67] - 公司在中小型商户群体中增长较快,这些商户更注重业务增长 [69][70][71] 公司战略和发展方向及行业竞争 - 公司不需要独家合作就能在市场上取得成功,可以与其他BNPL服务商并存 [49][50] - 公司未来计划进一步扩大在日常消费场景的渗透,提升Affirm Card的使用频率 [63][64] 管理层对经营环境和未来前景的评论 - 公司对利率变动不太敏感,能够在利率环境下保持良好的增长和盈利能力 [29][30][31] - 公司将继续谨慎管理信用风险,不会为了追求增长而放松信用标准 [40][41][42] 问答环节重要的提问和回答 问题1 **Robert Wildhack 提问** 公司定价举措对近期业务量增长的影响 [13][14][15] **Max Levchin 和 Michael Linford 回答** 公司定价举措对业务量增长的影响难以量化,但有助于提升整体收益水平 [13][14][15] 问题2 **Jason Kupferberg 提问** Affirm Card业务的使用情况及未来发展趋势 [24][25][26] **Max Levchin 和 Michael Linford 回答** Affirm Card业务使用情况持续改善,公司将继续投入改善用户体验,未来发展前景良好 [24][25][26] 问题3 **Dan Dolev 提问** 公司在利率上升环境下保持业务增长和盈利能力的原因 [29][30][31] **Max Levchin 回答** 公司业务对利率变动不太敏感,能够在各种利率环境下保持良好的经营状况 [29][30][31]

For the quarter ended March 2024, Affirm Holdings (AFRM) reported revenue of $576.16 million, up 51.2% over the same period last year. EPS came in at -$0.43, compared to -$0.69 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $548.07 million, representing a surprise of +5.13%. The company delivered an EPS surprise of +38.57%, with the consensus EPS estimate being -$0.70.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Affirm Holdings (AFRM) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.70. This compares to loss of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.57%. A quarter ago, it was expected that this operator of digital commerce platform would post earnings of $0.08 per share when it actually produced earnings of $0.04, delivering a surprise of -50%.Over the last four qu ...

THIRD FISCAL QUARTER 2024 Affirm Shareholder Letter Internation about Affim's use of non-GAAP financial measures is provided under "Key Operating Metrics, Non-GAAP Financial Measures and Supplemental Performance Indicators" Non-GAAP Financial Measures" below, and reconcliations of GAAP results to non-GAAP results are provided in the tables at the end of this letter. 9:41 affirm e power of Now in your w his card with the Affirm Card- To pay, enter lay now and over time, without an compound interest you'd get ...