Max Levchin, co -founder of PayPal and Chief Executive Officer of the Financial Technology Company Affirm, arrives at Sun Valley Resort for the annual Allen & Company Sun Valley Conference in Sun Valley, Idaho.
Drew Angerer | Getty pictures
Confirm The shares rose 15% in extended trading on Thursday, after the provider of purchase later issued a better result and sales for the fourth quarter of the financial year as expected profits and income.
For example, the company carried out against LSEG consensus estimates:
- EPS: 20 cents valued compared to 11 cents
- Revenue: 876 million US dollars compared to $ 837 million
Sales increased by 33%in the same quarter in the same quarter in the same quarter. The gross volume of goods rose from $ 7.2 billion a year ago by 43% to $ 10.4 billion.
Affirm reported a net result of $ 69.2 million or 20 cents per share after he had recorded a loss of $ 45.1 million or 14 cents per share a year earlier.
“This consistent execution resulted in the profitability of the operational income in FQ4'25 – right according to the schedule that we signed a year ago,” said the company in his letter of shareholders.
For the first quarter, Affirm, says Affirm that sales will be between $ 855 and 885 million, while the gross volume of 10.1 to 10.4 billion will be dollars.
Affirm's shares rose by 31%this year before the after-hour pops of the NASDAQ win of the NASDAQ have exceeded.
Affirm, which went to the stock exchange in 2021, faces a growing competition in e-commerce. It has partnerships with Amazon And ShopifyBut Walmart Recently shifted to the competitor Klarna, who is expected in the near future. Last year Affirm terminated a contract with Apple.
REGARD: Confirm the income and income