earnings
confidence high
sentiment positive
materiality 0.90
Affirm Q1 FY22 GMV $2.7B (+84% YoY); raises FY guidance; expands Amazon deal
Affirm Holdings, Inc.
2022-Q1 EPS reported
-$1.13
revenue$269,385,000
- GMV $2.7B (+84%), revenue $269.4M (+55%), net loss $306.6M includes stock-based comp.
- Active consumers 8.7M (+124% YoY), active merchants 102,000 (from 6,500), transactions per active consumer 2.3.
- Exceeded Q1 financial outlook; raised full-year guidance for GMV, revenue, and RLTC.
- Completed $247M securitization of 0% APR point-of-sale installment loans.
- Expanded Amazon relationship: exclusive non-card BNPL until Jan 2023; Amazon gets warrants for 22M shares vesting over time.