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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 866M | 24% |
| Gross Profit | 437M | 72% |
| Cost of Revenue | 429M | 3.4% |
| Operating expense | 276M | 2.9% |
| Net Income | 80M | 180.2% |
| EBITDA | 191M | 2876.2% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 10.5B | 3.4% |
| Total Liabilities | 7.7B | 5.4% |
| Total Equity | 2.79B | 1.8% |
| Shares Outstanding | 322M | 1.3% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 312M | 58.5% |
| Cash from investing | -89M | 84.5% |
| Cash from financing | 144M | 69.1% |
EPS
Financial Highlights for Affirm in Q4 '24
Affirm reported a revenue of 866M, which is a 24% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 437M, marking a 72% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 429M, a -3.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 276M, showing a -2.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 80M, showing a 180.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 191M, showing a 2876.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Affirm with growth in revenue, gross profit, and net income.
