Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months. As of June 30, 2021, the company had approximately 29,000 merchants integrated on its platform covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. The company was founded in 2012 and is headquartered in San Francisco, California.
General Outlook
In simple terms, Affirm Holdings, Inc. has 301.734 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.488% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.597%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.526%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.108% return, is a testament to Affirm Holdings, Inc.'s adeptness in optimizing resource deployment. Affirm Holdings, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.358%. Furthermore, the proficiency of Affirm Holdings, Inc. in capital utilization is underscored by a remarkable -0.124% return on capital employed.
Trusted project
“All information displayed on the site is verified. High quality project and financial performance”