Affirm Holdings Stock Soars on Surprise Profit as Customer Base Jumps
Key Points
- The confirmation holding company is now unexpected with buyers’ quarterly profits, with an increase in customer base for future loan payments.
- Revenue, positive customer base and total product volume are all higher than forecast.
- The company said it is conditional to achieve its goal of positive operating income.
Confirm the shares of the shares (Af) Soared 18% on Friday, the day after the provider Buy now, pay later (BNPL) As the number of its customers soared, the profits of the loans were unexpected.
The financial company reports fiscal second quarter of 2025 Earnings per share (EPS) $0.23, while analysts surveyed by Visible Alpha lost $0.10 per share. Revenue rose nearly 47% to $866.4 million, which is also better than forecasts.
The confirmed active customer base grew 19% to 21 million, exceeding expectations, while active customers traded more than 20% to 5.3. Total product volume, also known as Total commodity value (GMV)up 35% to $10.1 billion, beat the forecast.
CEO said confirmation of “delivery for our businessmen”
Founder and CEO Max Levchin wrote to shareholders who affirmed “another record holiday shopping season, we are once again delivering for our businessmen, with several excellent categories.” Column Fujin added that even if the company is five months away from its target date, Operating income“We’re almost here today – marked zero.” The actual operating loss during this period was $4.3 million, down from $172.2 million in the same period last year.
Confirm the holdings to trade at the highest level within three years. Last year, they increased their value by 60%.