Buy the dip on Monday!!!, page-25

Affirm up 14% in overnight trade to a market cap of US10.5bn, a revenue multiple of about 7.5.

Interesting to note the valuation methodology used at 30 June 2022 for CBAs investment in Klarna, extract below, showing an implied revenue multiple of 4 based on a June cap raise. CBA also took part in Klarnas 2nd cap raise in July.

It might be fair to apply either of those multiples to SZL and adjust the result for AUD/USD.

What a difference in revenue multiples from the prior year though!