Affirm Holdings, Inc. (AFRM) Stock

About Affirm Holdings, Inc.

Affirm Holdings, Inc. provides a digital and mobile-first commerce platform that operates across the United States and Canada. This platform offers consumers a point-of-sale financing solution, delivers various tools for merchants, and includes a dedicated mobile application for users. Leveraging its payment network and partnerships with originating banks, the company enables customers to spread the cost of their purchases over time, with payment terms ranging from a single month up to forty-eight months. By June 30, 2021, approximately 29,000 merchants had integrated Affirm's services, representing a diverse array of businesses from small enterprises and large corporations to direct-to-consumer brands and traditional physical stores. These businesses span numerous industries, including sporting goods, home furnishings, travel, apparel, accessories, consumer electronics, and jewelry. Affirm was founded in 2012 and is based in San Francisco, California.

Affirm Holdings, Inc. is led by CEO Max Rafailovych Levchin, employs 2,006 people, headquartered in San Francisco, US, publicly traded since 2021.

Affirm Holdings, Inc. (AFRM) stock trades at $72.81 with a market capitalization of $24.38B. The stock is valued at a price-to-earnings (P/E) ratio of 59.48, price-to-book of 5.79, price-to-sales of 5.55. Over the past 52 weeks the stock has ranged between $42.10 and $100.00, and currently trades 27.2% below its 52-week high.

On profitability, Affirm Holdings, Inc. generates a return on equity (ROE) of 11.49%, return on capital employed of -2.83%, an operating margin of 8.51%, a net profit margin of 9.63%.

In its most recent fiscal year, Affirm Holdings, Inc. reported annual revenue of $3.2B, net profit of $52.0M, revenue has compounded at 44.6% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 2.36 — a leveraged balance sheet worth monitoring, a current ratio of 13.54, total assets of $11.2B, $1.4B in cash and equivalents.

AFRM has an average daily trading volume of 4,572,954 shares, a beta of 3.70 (more volatile than the overall market).

Official website: www.affirm.com