Affirm Holdings, Inc. (AFRM) financial statements (2022 and earlier)
Company profile
| Business Address |
650 CALIFORNIA STREET SAN FRANCISCO, CA 94108 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| SIC | 6141 - Personal Credit Institutions (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 2,567 | 1,467 | ||
| Cash and cash equivalents | 2,567 | 1,467 | ||
| Prepaid expense | 37 | 111 | ||
| Total current assets: | 2,605 | 1,578 | ||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 56 | 58 | ||
| Property, plant and equipment | 114 | 62 | ||
| Intangible assets, net (including goodwill) | 608 | 584 | ||
| Goodwill | 541 | 517 | ||
| Intangible assets, net (excluding goodwill) | 66 | 68 | ||
| Total noncurrent assets: | 777 | 705 | ||
| Other undisclosed assets | 3,571 | 2,584 | ||
| TOTAL ASSETS: | 6,952 | 4,867 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Noncurrent Liabilities | ||||
| Other undisclosed liabilities | 4,484 | 2,286 | ||
| Total liabilities: | 4,484 | 2,286 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 2,468 | 2,581 | ||
| Additional paid in capital | 3,829 | 3,463 | ||
| Accumulated other comprehensive income | 4 | 7 | ||
| Accumulated deficit | (1,365) | (888) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | ||
| Total stockholders' equity: | 2,468 | 2,581 | ||
| TOTAL LIABILITIES AND EQUITY: | 6,952 | 4,867 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | ||
|---|---|---|---|
| Revenues | 1,123 | 870 | |
| Net investment income | 312 | 238 | |
| Cost of revenue | (877) | (679) | |
| Provision for loan, lease, and other losses | (141) | (66) | |
| Gross profit: | 246 | 191 | |
| Operating expenses | (927) | (571) | |
| Operating loss: | (681) | (379) | |
| Nonoperating expense (Other Nonoperating expense) | (187) | (54) | |
| Interest and debt expense | (40) | (6) | |
| Loss from continuing operations before equity method investments, income taxes: | (909) | (440) | |
| Other undisclosed income from continuing operations before income taxes | 40 | 6 | |
| Loss from continuing operations before income taxes: | (869) | (433) | |
| Income tax benefit | 2 | 2 | |
| Net loss available to common stockholders, diluted: | (867) | (431) | |
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | ||
|---|---|---|---|
| Net loss: | (867) | (431) | |
| Comprehensive loss: | (867) | (431) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 2 | 7 | |
| Comprehensive loss, net of tax, attributable to parent: | (864) | (424) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.