Company Provides Outlook for Fiscal Third
Quarter and Fiscal Full Year 2021
Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm” or the
"Company”), a more flexible and transparent alternative to credit
cards, today reported financial results for its fiscal 2021 second
quarter ended December 31, 2020.
"Since we founded Affirm and through to this day, our mission
has been to build honest financial products that improve lives.
We've aligned our success with the success of both sides of the
commerce ecosystem, winning when our consumers and our merchants
win. And during the last quarter, we continued to demonstrate that
this approach translates into results," said Max Levchin, Founder
and CEO of Affirm. "We grew our active consumers 52% and our
merchant base 90% year-over-year, driving revenue growth of 57%
year-over-year and a 55% year-over-year increase in quarterly gross
merchandise volume to a record $2.1 billion. As we look ahead, we
remain committed to empowering consumers to take control of their
finances, helping merchants grow their revenue on our platform, and
developing new innovative solutions to establish the ubiquity of
our network and breath of our platform."
Second Quarter of Fiscal Year 2021 Operating
Highlights:
- Gross merchandise volume ("GMV") for the second quarter of
fiscal 2021 was $2.1 billion, an increase of 55% when compared to
the second quarter of fiscal 2020
- The Company had 4.5 million active consumers as of December 31,
2020, an increase of 52% when compared to the second quarter of
fiscal 2020
- Transactions per active consumer were approximately 2.2 as of
December 31, 2020, an increase of 7% when compared to the second
quarter of fiscal 2020
Second Quarter of Fiscal Year 2021 Financial
Highlights:
- Total revenue for the second quarter of fiscal 2021 was $204.0
million, a 57% increase when compared to the second quarter of
fiscal 2020
- Total revenue less transaction costs1 for the second quarter of
fiscal 2021 was $89.9 million, a 141% increase when compared to the
second quarter of fiscal 2020
- Operating loss for the second quarter of fiscal 2021 was $31.7
million compared to $32.6 million in the second quarter of fiscal
2020, a decrease of 3%
- Adjusted operating loss1 for the second quarter of fiscal 2021
was $1.8 million compared to $21.9 million in the second quarter of
fiscal 2020, a decrease of 92%
- Net loss for the second quarter of fiscal 2021 was $31.6
million compared to $31.0 million in the second quarter of fiscal
2020
Recent Developments
On January 1, 2021, the Company completed its acquisition of
PayBright Inc., one of Canada’s leading buy now, pay later
providers.
On January 15, 2021, the Company closed its initial public
offering ("IPO") of 28,290,000 shares of Class A common stock,
including 3,690,000 shares pursuant to the option granted to the
underwriters to purchase additional shares of Class A common stock,
at an offering price of $49.00 per share. The proceeds, before
expenses, to the Company from the IPO were $1.3 billion.
Financial Outlook
The following table summarizes Affirm's guidance for the third
quarter and full year fiscal 2021 periods1.
Fiscal Q3 2021
Fiscal Year 2021
GMV
$1.80 to $1.85 billion
$7.25 to $7.35 billion
Revenue
$185 to $195 million
$760 to $780 million
Transaction Costs
$125 to $130 million
$500 to $510 million
Revenue Less Transaction Costs
$60 to $65 million
$260 to $270 million
Adjusted Operating Loss2
$(47.5) to $(52.5) million
$(120) to $(130) million
Weighted Average Shares Outstanding
226 million
155 million
Conference Call
Affirm will host a conference call and webcast to discuss second
quarter fiscal year 2021 financial results on Thursday, February
11, 2021, at 5:00pm ET. Hosting the call will be Max Levchin,
Founder and Chief Executive Officer, and Michael Linford, Chief
Financial Officer. The conference call will be webcast live from
the Company's investor relations website at
https://investors.affirm.com/. A replay will be available on the
investor relations website following the call.
Key Operating Metrics and Financial Measures
The Company uses the following key operational, financial, and
non-GAAP financial metrics to evaluate its business, measure its
performance, develop forecasts, and make strategic decisions.
Three Months Ended December
31,
Six Months Ended December
31,
2019
2020
2019
2020
(in millions, except GMV and
percent data) (unaudited)
GMV (in billions)
$
1.3
$
2.1
$
2.2
$
3.6
Total Revenue, net
$
130.0
$
204.0
$
217.9
$
378.0
Total Revenue as a % of GMV
9.7
%
9.8
%
9.9
%
10.6
%
Transaction Costs
$
92.7
$
114.1
$
155.3
$
244.1
Transaction Costs as a % of GMV1
6.9
%
5.5
%
7.0
%
6.9
%
Revenue Less Transaction Costs1
$
37.3
$
89.9
$
62.6
$
133.9
Revenue Less Transaction Costs as a % of
GMV1
2.8
%
4.3
%
2.8
%
3.8
%
Operating Loss
$
(32.6)
$
(31.7)
$
(65.6)
$
(76.3)
Adjusted Operating Loss1
$
(21.9)
$
(1.8)
$
(44.3)
$
(21.1)
Operating Margin
(25.1)
%
(15.5)
%
(30.1)
%
(20.2)
%
Adjusted Operating Margin1
(16.9)
%
(0.9)
%
(20.3)
%
(5.6)
%
Net Loss
$
(31.0)
$
(31.6)
$
(61.8)
$
(46.8)
December 31, 2019
June 30, 2020
December 31, 2020
(in millions, except Total
Platform Portfolio, per consumer,
and percent data) (unaudited)
Active Consumers
3.0
3.6
4.5
Transactions per Active Consumer
2.1
2.1
2.2
Total Platform Portfolio (in billions)
$
2.2
$
2.5
$
3.7
Equity Capital Required1
$
220.1
$
220.8
$
277.3
Equity Capital Required as a % of Total
Platform Portfolio1
10.2
%
8.9
%
7.5
%
Allowance for Credit Losses as a % of
Loans Held for Investment
8.5
%
9.2
%
6.9
%
Gross Merchandise Volume ("GMV")
The Company measures gross merchandise volume to assess the
volume of transactions that take place on its platform. The Company
defines GMV as the total dollar amount of all transactions on the
Affirm platform during the applicable period, net of refunds. GMV
does not represent revenue earned by Affirm. However, the GMV
processed through its platform is an indicator of the success of
its merchants and the strength of its platform.
Transaction Costs
The Company defines transaction costs as the sum of loss on loan
purchase commitment, provision for credit losses, funding costs,
and processing and servicing expense.
Revenue Less Transaction Costs
The Company defines revenue less transaction costs as its GAAP
total revenue less transaction costs as defined above.
Adjusted Operating Loss
The Company defines adjusted operating loss as its GAAP
operating loss, excluding: (a) depreciation and amortization; (b)
stock-based compensation included in GAAP operating loss; (c) the
amortization of its commercial agreement asset; and (d) certain
other non-recurring items.
Adjusted Operating Margin
The Company defines adjusted operating margin as its adjusted
operating loss, as defined above, as a percentage of its GAAP total
revenue.
Active Consumers
The Company assesses consumer adoption and engagement by the
number of active consumers across its platform. Active consumers
are the primary measure of the size of its network. The Company
defines an active consumer as a consumer who engages in at least
one transaction on its platform during the 12 months prior to the
measurement date.
Transactions per Active Consumer
The Company believes the value of its network is amplified with
greater consumer engagement and repeat usage, highlighted by
increased transactions per active consumer. Transactions per active
consumer is defined as the average number of transactions that an
active consumer has conducted on its platform during the 12 months
prior to the measurement date.
Total Platform Portfolio
The Company defines total platform portfolio as the unpaid
principal balance outstanding of all loans facilitated through its
platform as of the balance sheet date, including both those loans
held for investment and those loans owned by third-parties.
Equity Capital Required
The Company defines equity capital required as the sum of the
balance of loans held for investment and loans held for sale, less
the balance of funding debt and notes issued by securitization
trusts as of the balance sheet date.
Use of Non-GAAP Financial Measures
To supplement the Company's interim condensed consolidated
financial statements, which are prepared and presented in
accordance with generally accepted accounting principles in the
United States ("GAAP"), the Company presents the following non-GAAP
financial measures: Transaction costs, transaction costs as a
percentage of GMV, revenue less transaction costs, revenue less
transaction costs as a percentage of GMV, adjusted operating loss,
adjusted operating margin, equity capital required, and equity
capital required as a percentage of total platform portfolio.
Definitions of each of these non-GAAP financial measures are
included above, and reconciliations of each non-GAAP financial
measure with the most directly comparable GAAP financial measure
are included in the tables below.
Management uses these non-GAAP financial measures in conjunction
with financial measures prepared in accordance with GAAP for
planning purposes, including the preparation of its annual
operating budget, as a measure of its operating results and the
effectiveness of its business strategy, and in evaluating its
financial performance. However, non-GAAP financial information is
presented for supplemental informational purposes only, and use of
these non-GAAP financial measures has limitations as analytical
tools. Some of these limitations are as follows:
- Revenue less transaction costs and revenue less transaction
costs as a percentage of GMV are not intended to be a measure of
operating profit or loss as they exclude key operating expenses
such as technology and data analytics, sales and marketing, and
general and administrative expenses;
- Adjusted operating income and adjusted operating margin exclude
certain recurring, non-cash charges such as depreciation and
amortization, although the assets being depreciated and amortized
may need to be replaced in the future, and share-based compensation
expense, which has been, and will continue to be for the
foreseeable future, a significant recurring expense and an
important part of its compensation strategy; and
- Other companies, including companies in the same industry, may
calculate these non-GAAP financial measures differently from how
the Company calculates them or not at all, which reduces its
usefulness as a comparative measure.
Accordingly, you should not consider these non-GAAP financial
measures in isolation or as substitutes for analysis of the
Company's financial results as reported under GAAP, and these
non-GAAP measures should be considered along with other operating
and financial performance measures presented in accordance with
GAAP. Investors are encouraged to review the related GAAP financial
measures and the reconciliations of these non-GAAP financial
measures to their most directly comparable GAAP financial measures
and not rely on any single financial measure to evaluate the
business.
Cautionary Note About Forward-Looking Statements
This document contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
(the “Securities Act”), and Section 21E of the Securities Exchange
Act of 1934, as amended, that involve risks and uncertainties. All
statements other than statements of historical fact are
forward-looking statements, including statements regarding: the
Company's strategy and future operations; the Company's future
financial position, gross market value, revenue, transaction costs,
operating income, provision for credit losses, and cash flows; and
general economic trends and trends in the industry and markets.
These statements involve known and unknown risks, uncertainties and
other important factors that may cause the Company's actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements.
Risks, uncertainties and assumptions include factors relating
to: the Company's need to attract additional merchants and
consumers and retain and grow its relationships with existing
merchants and consumers; its need to maintain a consistently high
level of consumer satisfaction and trust in its brand; the
concentration of a large percentage of its revenue with a single
merchant partner; its ability to sustain its revenue growth rate or
the growth rate of its related key operating metrics; the highly
competitive nature of its industry; risks relating to its agreement
with one of its originating bank partners; the risk that its
existing funding arrangements may not be renewed or replaced or its
existing funding sources may be unwilling or unable to provide
funding to it on terms acceptable to it, or at all; its ability to
effectively underwrite loans facilitated through its platform and
accurately price credit risk; the performance of loans facilitated
through its platform; risks associated with changes in market
interest rates; risks relating to its securitizations, warehouse
credit facilities and forward flow agreements; the impact on its
business of general economic conditions, the financial performance
of its merchants, and fluctuations in the U.S. consumer credit
market; its ability to grow effectively through acquisitions or
other strategic investments or alliances; risks associated with
expanding its operations internationally; the potential impact of
any cyber-attacks, misconduct, computer viruses, or physical or
electronic break-ins that it might experience; risks associated
with its business being subject extensive regulation, examination,
and oversight in a variety of areas; and other risks that are
described in its prospectus relating to its initial public offering
filed on January 14, 2021 pursuant to Rule 424(b) under the
Securities Act and in its other filings with the U.S. Securities
and Exchange Commission.
These forward-looking statements reflect the Company's views
with respect to future events as of the date hereof and are based
on assumptions and subject to risks and uncertainties. Given these
uncertainties, you should not place undue reliance on these
forward-looking statements. The forward-looking statements are made
as of the date hereof, and the Company assumes no obligation and do
not intend to update these forward-looking statements.
About Affirm
Affirm’s mission is to deliver honest financial products that
improve lives. With that in mind, Affirm is building the next
generation platform for digital and mobile-first commerce, making
it easier for consumers to spend responsibly and with confidence,
easier for merchants to convert sales and grow, and easier for
commerce to thrive.
AFFIRM HOLDINGS, INC.
CONDENSED CONSOLIDATED BALANCE
SHEETS
(Unaudited)
(in thousands, except share and
per share amounts)
June 30, 2020
December 31, 2020
Assets
Cash and cash equivalents
$
267,059
$
520,741
Restricted cash
61,069
116,049
Loans held for sale
4,459
12,302
Loans held for investment
1,034,312
1,888,432
Allowance for credit losses
(95,137)
(131,165)
Loans held for investment, net
939,175
1,757,267
Accounts receivable, net
59,001
67,046
Property, equipment and software, net
48,140
49,358
Other assets
23,348
185,359
Total Assets
$
1,402,251
$
2,708,122
Liabilities, Redeemable Convertible
Preferred Stock and Stockholders’ Deficit
Liabilities:
Accounts payable
$
18,361
$
26,224
Payable to third-party loan owners
24,998
33,043
Accrued interest payable
1,860
3,133
Accrued expenses and other liabilities
27,810
44,629
Convertible debt
74,222
—
Notes issued by securitization trusts
—
818,446
Funding debt
817,926
804,960
Total liabilities
965,177
1,730,435
Redeemable convertible preferred stock,
$0.00001 par value, 124,453,009 and 149,860,292
shares authorized as of June 30, 2020 and
December 31, 2020; 122,115,971 and 148,396,979 shares issued and
outstanding as of June 30, 2020 and December 31, 2020,
respectively; liquidation preference of $809,032 and $1,305,240 as
of June 30, 2020 and December 31, 2020, respectively
804,170
1,327,271
Stockholders’ deficit:
Common stock, $0.00001 par value,
232,000,000 and 304,000,000 shares authorized as of
June 30, 2020 and December 31, 2020;
47,684,427 and 59,239,370 shares issued and outstanding as of June
30, 2020 and December 31, 2020, respectively
—
—
Additional paid in capital
80,373
142,477
Accumulated deficit
(447,167)
(493,999)
Accumulated other comprehensive gain
(loss)
(302)
1,938
Total stockholders’ deficit
(367,096)
(349,584)
Total Liabilities, Redeemable
Convertible Preferred Stock and Stockholders’ Deficit
$
1,402,251
$
2,708,122
AFFIRM HOLDINGS, INC.
CONDENSED CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Unaudited)
(in thousands, except share and
per share amounts)
Three Months Ended December
31,
Six Months Ended December
31,
2019
2020
2019
2020
Revenue
Merchant network revenue
$
67,764
$
99,630
$
104,153
$
192,895
Virtual card network revenue
7,110
10,820
10,711
16,778
Interest income
45,073
73,857
85,241
128,094
Gain on sales of loans
4,738
14,560
10,463
30,994
Servicing income
5,291
5,174
7,355
9,258
Total Revenue, net
$
129,976
$
204,041
$
217,923
$
378,019
Operating Expenses
Loss on loan purchase commitment
$
42,661
$
67,768
$
62,622
$
133,636
Provision for credit losses
30,178
17,468
55,022
57,735
Funding costs
8,167
12,060
16,295
22,412
Processing and servicing
11,652
16,802
21,347
30,300
Technology and data analytics
31,612
41,634
56,980
75,402
Sales and marketing
7,651
39,112
12,870
61,694
General and administrative
30,688
40,916
58,392
73,182
Total Operating Expenses
162,609
235,760
283,528
454,361
Operating Loss
$
(32,633)
$
(31,719)
$
(65,605)
$
(76,342)
Other income, net
1,730
240
4,003
29,685
Loss Before Income Taxes
$
(30,903)
$
(31,479)
$
(61,602)
$
(46,657)
Income tax expense
93
78
189
175
Net Loss
$
(30,996)
$
(31,557)
$
(61,791)
$
(46,832)
Excess return to preferred stockholders on
repurchase
(13,205)
—
(13,205)
—
Net Loss Attributable to Common
Stockholders
$
(44,201)
$
(31,557)
$
(74,996)
$
(46,832)
Other Comprehensive Income
(Loss)
Foreign currency translation
adjustments
$
(15)
$
1,834
$
10
$
2,240
Net Other Comprehensive Income
(Loss)
(15)
1,834
10
2,240
Comprehensive Loss
$
(31,011)
$
(29,723)
$
(61,781)
$
(44,592)
Per share data:
Net loss per share attributable to
common stockholders:
Basic
$
(0.92)
$
(0.45)
$
(1.55)
$
(0.69)
Diluted
$
(0.92)
$
(0.45)
$
(1.55)
$
(1.07)
Weighted average common shares
outstanding
Basic
48,079,867
70,801,521
48,241,444
67,795,598
Diluted
48,079,867
70,801,521
48,241,444
69,534,680
AFFIRM HOLDINGS, INC.
CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS
(Unaudited)
(in thousands)
Three Months Ended December
31,
Six Months Ended December
31,
2019
2020
2019
2020
Cash Flows from Operating
Activities
Net Loss
$
(30,996)
$
(31,557)
$
(61,791)
$
(46,832)
Adjustments to reconcile net loss to net
cash used in operating activities:
Provision for credit losses
30,178
17,468
55,022
57,735
Amortization of premiums and discounts on
loans
(6,891)
(20,330)
(13,194)
(31,453)
Gain on sales of loans
(4,738)
(14,560)
(10,463)
(30,994)
Changes in fair value of servicing assets
and liabilities
1,643
(92)
902
(188)
Changes in fair value of convertible debt
derivative
—
—
—
(30,106)
Changes in fair value of residual trust
certificates
—
(274)
—
(274)
Amortization of commercial agreement
asset
—
17,039
—
31,300
Amortization of debt issuance costs
542
1,278
1,142
2,361
Stock-based compensation
8,369
6,521
16,794
12,724
Depreciation and amortization
2,432
3,351
4,544
7,071
Deferred tax expense
93
78
189
175
Other
(15)
1,834
12
2,241
Purchases of loans held for sale
(741,322)
(687,037)
(1,084,810)
(1,033,915)
Proceeds from the sale of loans held for
sale
718,965
662,747
1,052,121
1,001,673
Change in operating assets and
liabilities:
Accounts receivable, net
(1,075)
(19,255)
(3,058)
(9,080)
Other assets
(6,587)
(17,275)
(7,252)
(16,906)
Accrued interest payable
296
1,001
1,256
1,799
Accounts payable
4,170
1,752
1,991
7,862
Accrued expenses and other liabilities
5,090
17,817
5,081
16,802
Payable to third-party loan owners
3,729
11,839
6,869
8,046
Net Cash Used in Operating
Activities
(16,117)
(47,655)
(34,645)
(49,959)
Cash Flows from Investing
Activities
Purchases of loans
(781,546)
(1,404,972)
(1,339,851)
(2,582,741)
Origination of loans
—
(109,047)
—
(109,047)
Proceeds from the sale of loans
78,975
129,911
137,057
204,960
Principal repayments of loans
505,844
951,681
943,486
1,700,809
Acquisition funds in transit
—
(113,628)
—
(113,628)
Additions to property, equipment and
software
(8,091)
(2,894)
(13,502)
(7,063)
Net Cash Used in Investing
Activities
(204,818)
(548,949)
(272,810)
(906,710)
Cash Flows from Financing
Activities
Proceeds from funding debt
559,248
759,441
969,782
1,533,379
Payment of debt issuance costs
(1,371)
(2,170)
(1,371)
(6,787)
Principal repayments of funding debt
(376,382)
(653,946)
(739,608)
(1,544,502)
Proceeds from issuance of notes and
certificates by securitization trusts
—
378,223
—
896,455
Principal repayments of notes issued by
securitization trusts
—
(55,613)
—
(70,390)
Proceeds from issuance of redeemable
convertible preferred stock, net
(2)
108
15,481
434,542
Repurchases of redeemable convertible
preferred stock
(22,591)
—
(22,591)
—
Proceeds from issuance of common stock
478
21,676
1,221
23,417
Repurchases of common stock
(17,589)
(199)
(18,454)
(783)
Net Cash Provided by Financing
Activities
141,791
447,520
204,460
1,265,331
Net Increase (Decrease) in Cash, Cash
Equivalents and Restricted Cash
(79,144)
(149,084)
(102,995)
308,662
Cash and cash equivalents and restricted
cash, beginning of period
333,920
785,874
357,771
328,128
Cash and Cash Equivalents and
Restricted Cash, end of period
$
254,776
$
636,790
$
254,776
$
636,790
Supplemental Disclosures of Cash Flow
Information
Cash payments for interest
$
7,329
$
9,782
$
13,924
$
16,716
Supplemental Disclosures of Non-Cash
Investing and Financing Activities
Stock-based compensation included in
capitalized internal-use software
$
785
$
253
$
1,683
$
1,225
Additions to property and equipment
included in accrued expenses
1,559
9
1,559
24
Issuance of warrants in exchange for
commercial agreement
—
—
—
67,645
Conversion of convertible debt
—
—
—
88,559
Reconciliation of Non-GAAP Financial
Measures
The following tables present a reconciliation of transaction
costs, revenue less transaction costs, adjusted operating loss,
adjusted operating margin, and equity capital required to their
most directly comparable financial measures prepared in accordance
with GAAP for each of the periods indicated.
Three Months Ended December
31,
Six Months Ended December
31,
2019
2020
2019
2020
(in thousands, except percent
data) (unaudited)
Operating Expenses
Loss on loan purchase commitment
$
42,661
$
67,768
$
62,622
$
133,636
Provision for credit losses
30,178
17,468
55,022
57,735
Funding costs
8,167
12,060
16,295
22,412
Processing and servicing
11,652
16,802
21,347
30,300
Transaction Costs (Non-GAAP)
$
92,658
$
114,098
$
155,286
$
244,083
Technology and data analytics
31,612
41,634
56,980
75,402
Sales and marketing
7,651
39,112
12,870
61,694
General and administrative
30,688
40,916
58,392
73,182
Total Operating Expenses
$
162,609
$
235,760
$
283,528
$
454,361
Total Revenue
$
129,976
$
204,041
$
217,923
$
378,019
Less: Transaction Costs (Non-GAAP)
(92,658)
(114,098)
(155,286)
(244,083)
Revenue Less Transaction Costs
(Non-GAAP)
$
37,318
$
89,943
$
62,637
$
133,936
Operating Loss
$
(32,633)
$
(31,719)
$
(65,605)
$
(76,342)
Add: Depreciation and amortization
2,432
3,351
4,544
7,071
Add: Stock-based compensation included in
operating expenses
8,294
6,521
16,719
12,724
Add: Amortization of Shopify Inc.
commercial agreement asset
—
17,039
—
31,300
Add: Other non-recurring items3
—
2,971
—
4,162
Adjusted Operating Loss
(Non-GAAP)
$
(21,907)
$
(1,837)
$
(44,342)
$
(21,085)
Divided by: Total Revenue, net
$
129,976
$
204,041
$
217,923
$
378,019
Adjusted Operating Margin
(Non-GAAP)
(16.9)
%
(0.9)
%
(20.3)
%
(5.6)
%
December 31,
2019
June 30,
2020
December 31,
2020
(in thousands) (unaudited)
Loans held for investment
$
1,012,987
$
1,034,312
$
1,888,432
Add: Loans held for sale
6,255
4,459
12,302
Less: Funding debt
(799,178)
(817,926)
(804,960)
Less: Notes issued by securitization
trusts
—
—
(818,446)
Equity Capital Required
(Non-GAAP)
$
220,064
$
220,845
$
277,328
1 Information about Affirm's use of non-GAAP financial measures
is provided under "Use of Non-GAAP Financial Measures" below, and
reconciliations of GAAP results to non-GAAP results are provided in
the tables at the end of this press release. 2 A reconciliation of
adjusted operating loss to the comparable GAAP measure is not
available on a forward-looking basis without unreasonable effort
due to the uncertainty regarding, and the potential variability of,
expenses that may be incurred in the future. 3 Other non-recurring
items consists of one-time expenses incurred in the period
associated with the Company's initial public offering and its
acquisition of PayBright Inc.
AFRM-F
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210211005897/en/
Investor Relations ir@affirm.com Media press@affirm.com
Affirm (NASDAQ:AFRM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Affirm (NASDAQ:AFRM)
Historical Stock Chart
From Sep 2023 to Sep 2024