Just Hit All Time High, page-373

  1. 243 Posts.
    lightbulb Created with Sketch. 124
    people saying it's over rated based on the revenue, growth and multiples that's been applied.

    Based on current annualised revenues;
    apt market cap is a 38x multiple
    Affirm 20x
    Sezzle 17x
    Zip 10x

    Biggest bnpls excluding PayPal are Klarna, Affirm, Afterpay, Zip.
    so it doesnt add up Afterpay has the highest multiple applied to it

    Based on past quarterly;
    Sezzle growing faster
    Zip growing faster ( quad is fastest growth in us)
    Affirm and Afterpay same growth

    Based on app rankings Afterpay app isn't superior in any way. It doesn't do anything the others don't

    Explain to me why Afterpay should carry a 40x multiple?



 
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