Affirm Holdings, Inc. (AFRM)
2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | |
|---|---|---|---|---|
| Amortization of discount on loans | - | 204,654 | 158,703 | - |
| Amortization of premiums on loans | - | -16,945 | -17,628 | - |
| Interest receivable charged-off, net of recoveries | - | -26,373 | -17,050 | - |
| Contractual interest income on unpaid principal balance | - | 1,043,019 | 561,192 | - |
| Total revenue, net | 3,224,412 | 2,322,999 | 1,587,985 | 1,349,292 |
| Provision for credit losses | - | - | 331,860 | - |
| Restructuring and other | - | 6,768 | 35,870 | - |
| Sales and marketing | 434,847 | 576,405 | 638,280 | 532,343 |
| Provision for credit losses | 616,683 | 460,628 | - | 255,272 |
| Funding costs | 425,451 | 344,253 | 183,013 | 69,694 |
| General and administrative | 545,053 | 525,291 | 586,398 | 577,493 |
| Technology and data analytics | 589,723 | 501,857 | 615,818 | 418,643 |
| Restructuring and other | -184 | - | - | - |
| Processing and servicing | 457,849 | 343,249 | 257,343 | 157,814 |
| Loss on loan purchase commitment | 242,264 | 180,395 | 140,265 | 204,081 |
| Total operating expenses | 3,311,685 | 2,938,846 | 2,788,847 | 2,215,340 |
| Operating loss | -87,273 | -615,847 | -1,200,862 | -866,048 |
| Other income, net | 148,737 | 100,320 | 211,617 | 141,217 |
| Income (loss) before income taxes | 61,464 | -515,527 | -989,245 | -724,831 |
| Income tax expense (benefit) | 9,279 | 2,230 | -3,900 | -17,414 |
| Net income (loss) | 52,186 | -517,757 | -985,345 | -707,417 |
| Unrealized gain (loss) on securities available for sale, net | 3,297 | 6,857 | -882 | -8,022 |
| Gain (loss) on cash flow hedges | -2,826 | 656 | 751 | - |
| Foreign currency translation adjustments | 6,025 | -13,655 | -8,143 | -5,900 |
| Net other comprehensive income (loss) | 6,496 | -6,142 | -8,274 | -13,922 |
| Comprehensive income (loss) | 58,682 | -523,899 | -993,619 | -721,339 |
| Basic (in shares) | 322,851,873 | 309,857,129 | 295,343,466 | 281,704,041 |
| Basic (in usd per share) | 0.16 | -1.67 | -3.34 | -2.51 |
| Diluted (in shares) | 341,023,566 | 309,857,129 | 295,343,466 | 281,704,041 |
| Diluted (in usd per share) | 0.15 | -1.67 | -3.34 | -2.51 |