On this page of StockholderLetter.com we present the 10/20/2023 shareholder letter from Affirm Holdings, Inc. — ticker symbol AFRM. Reading current and past AFRM letters to shareholders can bring important insights into the investment thesis.
ANNUAL REPORT 2023
OUR MISSION Deliver honest financial products that improve lives

Fiscal 2023 Performance Highlights Active Consumers Gross Merchandise Volume CAGR 52% CAGR 56% FY'21 7.1M FY'21 14.0M FY'22 16.5M FY'23 Total Revenue FY'22 FY'23 $15.5B FY'22 $20.2B FY'23 Transactions Per Active Consumer CAGR 35% FY'21 $8.3B $870M $1,349M $1,588M FY'21 FY'22 2.3 3.0 FY'23 Active consumers Represents consumers who engaged in at least one transaction on Affirm s platform during the defined 12 month period. CAGR Represents the two-year compound annual growth rate calculated as of June 30, 2023. 3.9
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AFRM 10/20/2023 Shareholder/Stockholder Letter Transcript:

ANNUAL REPORT 2023

OUR MISSION
Deliver honest
financial products that
improve lives


Fiscal 2023
Performance Highlights
Active Consumers
Gross Merchandise Volume
CAGR 52%
CAGR 56%
FY'21
7.1M
FY'21
14.0M
FY'22
16.5M
FY'23
Total Revenue
FY'22
FY'23
$15.5B
FY'22
$20.2B
FY'23
Transactions
Per Active Consumer
CAGR 35%
FY'21
$8.3B
$870M
$1,349M
$1,588M
FY'21
FY'22
2.3
3.0
FY'23
Active consumers   Represents consumers who engaged in at least one transaction on Affirm   s platform during the defined 12 month period.
CAGR   Represents the two-year compound annual growth rate calculated as of June 30, 2023.
3.9



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AFRM Stockholder/Shareholder Letter (Affirm Holdings, Inc.) 10/20/2023 | www.StockholderLetter.com
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