Affirm Holdings, Inc. is an American public company founded in 2012. It is a financial technology company offering a buy now, pay later service for online and in-store purchases. Affirm reportedly leads the BNPL sector in the U.S., serving nearly 14 million customers and 235,000 merchants, as of 2022.
Company profile
Ticker
AFRM
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Affirm ABS LLC • Affirm Australia Pty Ltd • Affirm Canada Holdings Ltd. • Affirm Loan Asset Sales I LLC • Affirm Loan Asset Sales II LLC • Affirm Loan Services LLC • Affirm Opportunity Fund I LLC • Affirm Payments, LLC • Affirm U.K. Limited • Affirm, Inc. ...
IRS number
842224323
AFRM stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
8 Feb 24
8-K
Results of Operations and Financial Condition
8 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
8 Dec 23
10-Q
2024 Q1
Quarterly report
8 Nov 23
8-K
Results of Operations and Financial Condition
8 Nov 23
DEFA14A
Additional proxy soliciting materials
20 Oct 23
DEF 14A
Definitive proxy
20 Oct 23
ARS
2023 FY
Annual report to shareholders
20 Oct 23
8-K
Departure of Directors or Certain Officers
20 Oct 23
S-8
Registration of securities for employees
25 Aug 23
Transcripts
AFRM
Earnings call transcript
2024 Q2
8 Feb 24
AFRM
Earnings call transcript
2024 Q1
8 Nov 23
AFRM
Earnings call transcript
2023 Q4
24 Aug 23
AFRM
Earnings call transcript
2023 Q3
9 May 23
AFRM
Earnings call transcript
2023 Q2
8 Feb 23
AFRM
Earnings call transcript
2023 Q1
8 Nov 22
AFRM
Earnings call transcript
2022 Q4
26 Aug 22
AFRM
Earnings call transcript
2022 Q3
13 May 22
AFRM
Earnings call transcript
2022 Q2
11 Feb 22
AFRM
Earnings call transcript
2022 Q1
11 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 23 | Jun 22 | Jun 21 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.49 bn | 1.49 bn | 1.49 bn | 1.49 bn | 1.49 bn | 1.49 bn |
Cash burn (monthly) | (no burn) | 35.42 mm | 69.82 mm | 93.57 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 235.37 mm | 463.93 mm | 621.78 mm | n/a | n/a |
Cash remaining | n/a | 1.25 bn | 1.02 bn | 866.71 mm | n/a | n/a |
Runway (months of cash) | n/a | 35.4 | 14.7 | 9.3 | n/a | n/a |
Institutional ownership, Q4 2023
72.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 316 |
Opened positions | 107 |
Closed positions | 108 |
Increased positions | 67 |
Reduced positions | 90 |
13F shares | Current |
---|---|
Total value | 6.76 tn |
Total shares | 187.58 mm |
Total puts | 5.78 mm |
Total calls | 4.12 mm |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
MS Morgan Stanley | 28.37 mm | $1.39 tn |
GIC Private | 22.01 mm | $0.00 |
SHOP Shopify Inc - Ordinary Shares | 20.30 mm | $2.04 bn |
Capital Research Global Investors | 20.25 mm | $995.14 bn |
Vanguard | 19.51 mm | $958.57 bn |
Capital World Investors | 19.00 mm | $933.76 bn |
Baillie Gifford & Co | 17.98 mm | $883.69 bn |
T. Rowe Price | 4.74 mm | $232.98 mm |
STT State Street | 3.67 mm | $180.49 bn |
Dimensional Fund Advisors | 2.62 mm | $128.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Libor Michalek | Class A Common Stock | Gift | Dispose G | Yes | No | 0 | 1,180 | 0.00 | 872,114 |
1 Apr 24 | Michael Linford | Class A Common Stock | Payment of exercise | Dispose F | No | No | 34.83 | 2,573 | 89.62 k | 114,962 |
1 Apr 24 | Michael Linford | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 8,947 | 0.00 | 117,535 |
1 Apr 24 | Michael Linford | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 6,612 | 0.00 | 33,062 |
1 Apr 24 | Michael Linford | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 2,335 | 0.00 | 67,733 |
1 Apr 24 | Siphelele Jiyane | Class A Common Stock | Payment of exercise | Dispose F | No | No | 34.83 | 9,838 | 342.66 k | 212,937 |
1 Apr 24 | Siphelele Jiyane | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 25,000 | 0.00 | 222,775 |
1 Apr 24 | Siphelele Jiyane | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 25,000 | 0.00 | 0 |
1 Apr 24 | Keith Rabois | Class A Common Stock | Sell | Dispose S | No | Yes | 37.13 | 100 | 3.71 k | 69,276 |
1 Apr 24 | Keith Rabois | Class A Common Stock | Sell | Dispose S | No | Yes | 36.35 | 900 | 32.72 k | 69,376 |
News
Barclays Maintains Overweight on Affirm Holdings, Lowers Price Target to $41
16 Apr 24
Looking At Affirm Holdings's Recent Unusual Options Activity
15 Apr 24
10 Financials Stocks With Whale Alerts In Today's Session
10 Apr 24
Behind the Scenes of Affirm Holdings's Latest Options Trends
10 Apr 24
What's Going On With Affirm Holdings Stock?
8 Apr 24
Press releases
Affirm to Announce Third Quarter Fiscal Year 2024 Results on May 8, 2024
17 Apr 24
Economic Uncertainty Isn't Stopping Canadians From Planning Major Purchases in 2024, According to New Survey
3 Apr 24
Thinking about buying stock in Confluent, Dell Technologies, CleanSpark, NanoString Technologies, or Affirm?
9 Feb 24
Affirm to Participate in Upcoming Investor Conferences
6 Feb 24