earnings
confidence high
sentiment positive
materiality 0.75
Affirm Q4 FY2023 GMV $5.5B (+25% YoY), achieves adjusted operating income profitability
Affirm Holdings, Inc.
2023-FY EPS reported
-$3.34
revenue$1,587,985,000
- GMV $5.5B (+25% YoY); Total Revenue $446M (+22% YoY), 8.1% of GMV.
- Revenue Less Transaction Costs (RLTC) $182M (-1% YoY), 3.3% of GMV.
- Credit improved: 30+ day delinquency rate (ex-Peloton, Pay in 4) down 30bp vs FQ3'23 and FQ4'22.
- Frequency 3.9 transactions/active consumer, +30% YoY.
- Exceeded outlook on all key metrics; exited FY2023 profitable on adjusted operating income basis.