where do you get affirm growing at 57-% google their latest annual report and info on IPO. It says;
From 2019 to 2020 FY Affirm managed to grow top line revenue by 93 % to 509. 5 million Group total income for Afterpay on their 2020 report increased by 97% you. That is on the annual report! Affirm also for first time turned a profit in June quarter 2020 of 38 million USD. Afterpay has not turned a profit it's losses continue to mount. Gross losses fy2020 were 0.9% of receivables or about 100 million for the year. affirm last did 4.64 billion total sales FY 2020 off the back off their last year 2.62 billion, a 77 percent increase on gross sales. 509 million as a percentage of 4.64 billion is 10.96% revenue per dollar sold. Afterpays is 3.9% and rises to 4.48% from their last FY. Afterpay net losses for year fy2020 is 23 million. Afterpay don't report on quarterlies apparently Afterpay also reported fair value of financial liabilities as
2 million to buy the other 10 % remaining of clearpay. But the company that owns that other 10 percent in the UK and listed declared that value to be 200million +
This data is straight from both annual reports
APT Price at posting:
$151.74 Sentiment: Buy Disclosure: Not Held