APT 0.00% $66.47 afterpay limited

News: APT UPDATE 1-Affirm forecasts weaker sales volume, shares drop, page-7

  1. 181 Posts.
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    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
 
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