Financials Affirm Holdings, Inc.

Equities

AFRM

US00827B1061

Financial Technology (Fintech)

Market Closed - Nasdaq Other stock markets 04:00:00 2024-12-11 pm EST			5-day change	1st Jan Change
69.93 ^USD	+5.44%		-2.88%	+42.31%

Dec. 09	Affirm Holdings Insider Sold Shares Worth $6,722,712, According to a Recent SEC Filing	MT
Dec. 03	Affirm Announces Launch of New Merchant Partners Just in Time for Peak of Holiday Shopping Season	CI

Projected Income Statement: Affirm Holdings, Inc.

income-statement-evolution-chart AFFIRM-HOLDINGS-INC

Fiscal Period: Juni	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	509.5	870.5	1,349	1,588	2,323	3,099	3,767	4,680
Change	-	70.84%	55.01%	17.69%	46.29%	33.4%	21.56%	24.23%
EBITDA ¹	-	-359.2	-813.3	-1,066	-446.8	-67.39	159.7	483.6
Change	-	-	126.42%	31.09%	-58.1%	84.92%	-	202.86%
EBIT ¹	-	-379.2	-866	-1,201	-615.8	-252.3	66.96	307
Change	-	-	128.39%	38.66%	-48.72%	59.02%	-	358.54%
Interest Paid ¹	-	-	-	-183	-344.3	-181.2	-246.4	-
Earnings before Tax (EBT) ¹	-	-433.3	-724.8	-989.2	-515.5	-168.1	144.3	414.5
Change	-	-	67.29%	36.48%	-47.89%	67.39%	-	187.28%
Net income ¹	-	-430.9	-707.4	-985.3	-517.8	-167.6	129.7	382.5
Change	-	-	64.16%	39.29%	-47.45%	67.64%	-	194.98%
Announcement Date	11/18/20	9/9/21	8/25/22	8/24/23	8/28/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: June	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	204	230.7	261.8	269.4	361	354.8	364.1	361.6	399.6	381	445.8	496.5	591.1	576.2	659.2	698.5	806	768.6	825.5	868.1	991.4	962.5	1,033	1,041
Change	-	13.05%	13.49%	2.91%	34.01%	-1.73%	2.64%	-0.69%	10.49%	-4.65%	17.02%	11.38%	19.04%	-2.53%	14.41%	5.96%	15.4%	-4.65%	7.41%	5.16%	14.2%	-2.92%	7.29%	0.78%
EBITDA ¹	-28.37	-164.4	-116.8	-155.5	-184.2	-213.4	-260.1	-266.6	-336.5	-262.6	-200.5	-169.3	-145.6	-115.6	-29.24	-85.91	-38.73	1.247	56.87	55.36	-	-	-	-
Change	-	479.65%	-28.97%	33.16%	18.46%	15.86%	21.86%	2.49%	26.24%	-21.98%	-23.62%	-15.57%	-13.98%	-20.63%	-74.71%	193.83%	54.92%	-	4,458.96%	-2.64%	-100%	-	-	-
EBIT ¹	-31.72	-169.5	-124.7	-166.1	-196.2	-226.6	-277.2	-287.5	-359.5	-310	-243.8	-209.4	-172.2	-160.8	-73.46	-132.6	-77.85	-49	3.192	8.776	21.4	22.18	59.76	50.97
Change	-	434.24%	-26.42%	33.19%	18.14%	15.47%	22.37%	3.69%	25.07%	-13.77%	-21.35%	-14.1%	-17.81%	-6.6%	-54.31%	80.54%	41.3%	37.06%	-	174.89%	143.82%	3.66%	169.43%	-14.71%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-31.48	-247.2	-130.7	-306.4	-159.5	-54.41	-204.5	-251.4	-324	-206.5	-207.3	-170.7	-167.6	-133	-44.14	-98.32	-65.49	-39.59	27.5	30.48	49.75	39.26	81.39	95.29
Change	-	685.38%	-47.14%	134.51%	-47.96%	-65.88%	275.87%	22.95%	28.86%	-36.26%	0.37%	-17.63%	-1.84%	-20.62%	-66.82%	122.75%	33.39%	39.55%	-	10.84%	63.22%	-21.08%	107.32%	17.07%
Net income ¹	-31.56	-247.2	-128.2	-306.6	-159.7	-54.67	-186.4	-251.3	-322.4	-205.7	-206	-171.8	-166.9	-133.9	-45.14	-100.2	-65.73	-30.2	27.63	27.07	44.47	34.79	68.96	81.94
Change	-	683.21%	-48.12%	139.12%	-47.9%	-65.77%	240.94%	34.8%	28.32%	-36.21%	0.14%	-16.59%	-2.84%	-19.75%	-66.3%	122.04%	34.41%	54.06%	-	-2.02%	64.3%	-21.77%	98.23%	18.83%
Announcement Date	2/11/21	5/10/21	9/9/21	11/10/21	2/10/22	5/12/22	8/25/22	11/8/22	2/8/23	5/9/23	8/24/23	11/8/23	2/8/24	5/8/24	8/28/24	11/7/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Affirm Holdings, Inc.

balance-sheet-analysis-chart AFFIRM-HOLDINGS-INC

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-	-736	2,823	4,506	5,535	5,374	5,332	5,038
Change	-	-	283.56%	59.62%	22.84%	-2.9%	-0.78%	-5.51%
Announcement Date	11/18/20	9/9/21	8/25/22	8/24/23	8/28/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Affirm Holdings, Inc.

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	20.25	86.29	120.8	159.3	156.3	175.1	198
Change	-	326.08%	39.96%	31.89%	-1.88%	12.04%	13.06%
Free Cash Flow (FCF) ¹	-213.4	-200.1	-108.6	290.8	1,158	1,544	1,417
Change	-	-6.23%	-45.73%	-367.83%	298.05%	33.41%	-8.24%
Announcement Date	9/9/21	8/25/22	8/24/23	8/28/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Affirm Holdings, Inc.

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-41.27%	-60.28%	-67.14%	-19.23%	-2.17%	4.24%	10.34%
EBIT Margin (%)	-	-43.56%	-64.19%	-75.62%	-26.51%	-8.14%	1.78%	6.56%
EBT Margin (%)	-	-49.77%	-53.72%	-62.3%	-22.19%	-5.42%	3.83%	8.86%
Net margin (%)	-	-49.5%	-52.43%	-62.05%	-22.29%	-5.41%	3.44%	8.17%
FCF margin (%)	-	-24.51%	-14.83%	-6.84%	12.52%	37.36%	41%	30.29%
FCF / Net Income (%)	-	49.52%	28.28%	11.02%	-56.17%	-690.87%	1,190.95%	370.48%
Profitability
ROA	-	-13.75%	-11.95%	-13.03%	-5.86%	-1.97%	1.54%	2.22%
ROE	-	-38.93%	-27.24%	-38.25%	-19.66%	-5.97%	5.89%	10.45%
Financial Health
Leverage (Debt/EBITDA)	-	-	-3.47x	-4.23x	-12.39x	-79.74x	33.39x	10.42x
Debt / Free cash flow	-	-	-14.11x	-41.5x	19.03x	4.64x	3.45x	3.56x
Capital Intensity
CAPEX / Current Assets (%)	-	2.33%	6.4%	7.61%	6.86%	5.04%	4.65%	4.23%
CAPEX / EBITDA (%)	-	-5.64%	-10.61%	-11.33%	-35.65%	-231.93%	109.66%	40.94%
CAPEX / FCF (%)	-	-9.49%	-43.13%	-111.22%	54.77%	13.5%	11.34%	13.97%
Items per share
Cash flow per share ¹	-	-1.213	-0.404	0.0412	1.453	3.174	3.674	5.094
Change	-	-	-66.69%	-110.2%	3,425.97%	118.52%	15.73%	38.64%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	9.583	9.111	8.537	8.783	9.604	11.36	13.17
Change	-	-	-4.92%	-6.3%	2.88%	9.34%	18.29%	15.94%
EPS ¹	-2.63	-2.72	-2.51	-3.34	-1.67	-0.5274	0.3625	0.9748
Change	-	3.42%	-7.72%	33.07%	-50%	-68.42%	-168.73%	168.92%
Nbr of stocks (in thousands)	-	265,093	286,430	295,686	309,125	314,056	314,056	314,056
Announcement Date	11/18/20	9/9/21	8/25/22	8/24/23	8/28/24	-	-	-