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Affirm to the Mars! :)
I love when I am right to be right :D

Affirm revenue rose to $261.8 million from $153.3 million a year prior, while analysts estimated $224.4 million. Affirm’s gross merchandise revenue (GMV) increased to $2.5 billion from $1.2 billion, while analysts were anticipating $2.2 billion.

For the current quarter, Affirm expects revenue of $240 million to $250 million and GMV of $2.42 billion to $2.52 billion. Analysts were projecting $232.6 million in revenue and $2.2 billion in GMV.

Looking at the full fiscal year, Affirm projects $1.16 billion to $1.19 billion in revenue and $12.45 billion to $12.75 billion in GMV, this does not include $AMZN partnership into its revenue or GMV forecasts. Talk about being conservative :)

Here's my previous memo about $AFRM

Gaurav Mishra's avatar
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