difficult to put an exact figure on but when the analysts reviewed Affirms share price last year I remember they said it was $10 USD undervalued due to the expected revenue as a result of the Nov23 partnership with Amazon. Keep in mind Affirm was also NOT cash flow positive at that point in time.
Splitit now has access to Amazon CA via VISA VIS(and maybe many more countries using Amazon), and access to millions of merchants globally with V/MC activation of card-linked installments.
so based on just the above and not including the existing shopify, salesforce, TikTok customers using splitit - my opinion is minimum $10 today but come mid June if Samsung agree to use their wallet with Splitit capability world wide then $10 will not be minimum as institutions will look at what other BNPL type companies are valued at. Guess what.. SEZZLE is valued at $111 USD per share with a 3.7B MCap, today.
so how do we compare our growth with Sezzle if we are going to estimate our share price.
- Sezzle is 123% YoY increase
- Splitit is 167% YoY increase
- Sezzle is USA
- Splitit is GLOBAL with access to V/MC/HSBC/Standard charter merchants
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