Affirm Q3 GMV up 73% to $3.9B; raises FY22 outlook; extends Shopify partnership

Affirm Holdings, Inc.

2022-Q3 EPS reported -$1.86 revenue$985,158,000

GMV rose 73% YoY to $3.9B; total revenue up 54% to $354.8M.
Active consumers grew 137% to 12.7M; active merchants surged from 12K to 207K (Shopify).
Adjusted operating income positive at $4.0M (vs $4.9M prior year); net loss improved to $54.7M from $287.1M.
Entered exclusive multi-year U.S. partnership extension with Shopify through June 2025; also added Stripe distribution.
Plan to achieve sustained adjusted operating income profitability run rate by July 1, 2023.

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