Affirm Historical Income Statement
| AFRM Stock | USD 32.08 0.68 2.08% |
Historical analysis of Affirm Holdings income statement accounts such as Depreciation And Amortization of 162.6 M, Interest Expense of 221 M or Selling General Administrative of 383.7 M can show how well Affirm Holdings performed in making a profits. Evaluating Affirm Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Affirm Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Affirm Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Affirm Holdings is a good buy for the upcoming year.
Affirm |
About Affirm Income Statement Analysis
Affirm Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Affirm Holdings shareholders. The income statement also shows Affirm investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Affirm Holdings Income Statement Chart
Affirm Holdings Income Statement is one of the three primary financial statements used for reporting Affirm's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Affirm Holdings revenue and expense. Affirm Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Affirm Holdings' Total Other Income Expense Net is very stable compared to the past year. Add Fundamental
Total Revenue
Total revenue comprises all receipts Affirm Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Affirm Holdings minus its cost of goods sold. It is profit before Affirm Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Affirm Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Affirm Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.At this time, Affirm Holdings' Total Other Income Expense Net is very stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 772.8M | 714.8M | 822.0M | 554.7M | Total Revenue | 1.3B | 1.6B | 1.8B | 1.0B |
Affirm Holdings income statement Correlations
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Affirm Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Affirm Holdings income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 376K | (2.3M) | (17.4M) | (3.9M) | (3.5M) | (3.7M) | |
| Net Interest Income | 154.4M | (52.7M) | (69.7M) | (183.0M) | (164.7M) | (156.5M) | |
| Depreciation And Amortization | 9.4M | (34.1M) | 52.7M | 134.6M | 154.8M | 162.6M | |
| Interest Expense | 5.7M | 52.7M | (69.7M) | 183.0M | 210.5M | 221.0M | |
| Selling General Administrative | 121.2M | 370.3M | 577.5M | 586.4M | 674.4M | 383.7M | |
| Selling And Marketing Expenses | 25.0M | 184.3M | 532.3M | 638.3M | 734.0M | 770.7M | |
| Total Revenue | 509.5M | 870.5M | 1.3B | 1.6B | 1.8B | 1.0B | |
| Gross Profit | 337.3M | 540.6M | 772.8M | 714.8M | 822.0M | 554.7M | |
| Other Operating Expenses | 585.0M | 1.2B | 2.1B | 2.6B | 3.0B | 1.5B | |
| Operating Income | (75.5M) | (326.5M) | (796.4M) | (1.2B) | (1.1B) | (1.0B) | |
| Net Income From Continuing Ops | (112.6M) | (430.9M) | (707.4M) | (985.3M) | (886.8M) | (842.5M) | |
| Ebit | (75.5M) | (326.5M) | (796.4M) | (770.4M) | (693.3M) | (658.7M) | |
| Research Development | 113.0M | 249.3M | 418.6M | 615.8M | 708.2M | 743.6M | |
| Ebitda | (66.0M) | (360.6M) | (743.6M) | (635.7M) | (572.2M) | (600.8M) | |
| Cost Of Revenue | 172.2M | 329.8M | 576.5M | 873.2M | 1.0B | 1.1B | |
| Total Operating Expenses | 412.8M | 867.1M | 1.6B | 1.7B | 2.0B | 1.1B | |
| Reconciled Depreciation | 9.4M | 20.0M | 52.7M | 134.6M | 154.8M | 162.6M | |
| Income Before Tax | (112.2M) | (433.3M) | (724.8M) | (989.2M) | (890.3M) | (845.8M) | |
| Total Other Income Expense Net | (36.7M) | (106.8M) | 71.5M | 175.7M | 202.1M | 212.2M | |
| Net Income Applicable To Common Shares | (125.8M) | (430.9M) | (707.4M) | (985.3M) | (886.8M) | (842.5M) | |
| Net Income | (112.6M) | (430.9M) | (707.4M) | (985.3M) | (886.8M) | (842.5M) | |
| Income Tax Expense | 376K | (2.3M) | (17.4M) | (3.9M) | (3.5M) | (3.7M) |
Pair Trading with Affirm Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Affirm Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Affirm Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Affirm Stock
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The ability to find closely correlated positions to Affirm Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Affirm Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Affirm Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Affirm Holdings to buy it.
The correlation of Affirm Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Affirm Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Affirm Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Affirm Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Affirm Stock analysis
When running Affirm Holdings' price analysis, check to measure Affirm Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Affirm Holdings is operating at the current time. Most of Affirm Holdings' value examination focuses on studying past and present price action to predict the probability of Affirm Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Affirm Holdings' price. Additionally, you may evaluate how the addition of Affirm Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Affirm Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Affirm Holdings. If investors know Affirm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Affirm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.49) | Revenue Per Share 6.338 | Quarterly Revenue Growth 0.479 | Return On Assets (0.07) | Return On Equity (0.29) |
The market value of Affirm Holdings is measured differently than its book value, which is the value of Affirm that is recorded on the company's balance sheet. Investors also form their own opinion of Affirm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Affirm Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Affirm Holdings' market value can be influenced by many factors that don't directly affect Affirm Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Affirm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affirm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affirm Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.