earnings
confidence high
sentiment positive
materiality 0.85
Affirm Q2 revenue up 77% to $361M, GMV $4.5B (+115%); raises FY2022 outlook
Affirm Holdings, Inc.
2022-Q2 EPS reported
-$1.70
revenue$630,396,000
- GMV doubled to $4.5B; active consumers up 150% YoY to 11.2M; active merchants surged to 168K from 8K.
- Total revenue $361M (+77%); net loss $159.7M vs $26.6M YoY, driven by stock-based comp and contingent liability.
- Adjusted operating loss $7.9M vs income of $3.1M YoY; company raises FY2022 outlook citing strong growth momentum.
- Entered $165M unsecured revolving credit facility, maturing Feb 2025, with SOFR+1.85% margin and no initial draw.
- Completed first static securitization of over $400M in consumer loans in Feb 2022.