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?
