Comparison to closest peer

  1. 3,928 Posts.
    lightbulb Created with Sketch. 688
    Seeing AFFIRM rise another 6% overnight to a market cap of USD $11bn made me look at a few metrics, below.

    Clearly Affirm has a much larger market share and has a higher revenue per user but also a higher bad debt % too. The two are of course linked. As always, some major discrepancies between the value of the ASX company vs NASDAQ but the difference here is that we are actually operating entirely in the US. User experience of Sezzle still superior.

    All figures in USD, using latest announcements on ASX / NASDAQ, annualised where appropriate:

    https://hotcopper.com.au/data/attachments/4590/4590238-62b2063df5d3b7fbb3196341f27074a1.jpg


    Sezzle, profitable by Dec 2022 (has a December year end:
    Last edited by Prestonian: 13/08/22
 
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