Financial insights of AFRM

MyFinsight

For the quarter ending 2025-09-30, AFRM made $933,337K in revenue. $71,373K in net income. Net profit margin of 7.65%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-03-31	2024-12-31	2024-09-30
Total revenue, net	933,337	783,135	866,381	698,479
Loss on loan purchase commitment	71,552	57,290	70,278	54,237
Provision for credit losses	162,752	147,252	152,980	159,824
Funding costs	110,027	107,631	107,762	104,145
Processing and servicing	133,807	118,398	115,960	95,146
Technology and data analytics	168,106	152,620	148,213	134,290
Sales and marketing	78,491	74,022	136,038	145,233
General and administrative	144,941	134,303	139,412	138,482
Restructuring and other	0	12	60	-255
Total operating expenses	869,676	791,527	870,703	831,102
Operating income (loss)	63,661	-8,393	-4,322	-132,623
Other income, net	19,358	13,738	87,181	34,303
Income (loss) before income taxes	83,019	5,345	82,859	-98,320
Income tax expense	2,326	2,541	2,499	1,902
Net income (loss)	80,694	2,804	80,360	-100,222
Foreign currency translation adjustments	-10,003	3,550	-35,469	8,346
Unrealized gain on securities available for sale, net	812	-1,279	-89	-1,492
Loss on cash flow hedges	-129	778	-2,873	5,589
Net other comprehensive income (loss)	-9,320	3,049	-38,431	12,443
Comprehensive income (loss)	71,373	5,853	41,929	-87,779

Basic (in shares)	330,238,205	324,053,967	322,282,334	318,234,555
Basic (in usd per share)	0.24	0.01	0.25	-0.31
Diluted (in shares)	348,278,403	344,224,332	345,196,568	318,234,555
Diluted (in usd per share)	0.23	0.01	0.23	-0.31