Afterpay Valuation, page-4885

Here’s what I posted on another discussion mate...

I agree - the headline revenues and growth metrics will romp home in their usual manner and haven't ever surprised us.

Of more interest to me is:
1) the breakthrough profitability of the more mature business in ANZ
2) signs of operating leverage emerging in the next few vintages in US and UK markets
3) comparables between Afterpay and Affirm in US, Klarna in UK, PayBright in Canada and indicators of immunity from PayPal's efforts in the space
4) strategic announcements on progress/timetables concerning European and SEA launches
5) follow up details and announcements on Mastercard/Visa/eBay partnerships and any potential tie ups with Shopify outside North America (unlikely I feel since Shopify owns 10% of Affirm)
6) follow up details on the Australian banking products
7) any other material new strategy or innovation introduction/intention

KM