Affirm Results Presentation Deck
Interest Income and Loans Held for Investment Composition
Interest Income Composition
Composition of Average Loans Held for Investment ("LHFI")
$74
$22
$51
30%
affirm
$95
$32
$63
FY Q2'21 FY Q3'21
2.
3.
33%
Notes:
1.
$104
$32
$72
31%
$117
$38
$79
33%
$138
$55
$83
40%
$135
$45
$89
34%
$138
$46
$91
34%
$137
$39
$98
28%
FY Q4'21 FY Q1'22 FY Q2'22 FY Q3'22 FY Q4'22 FY Q1'23
Consumer & Other Interest Income ($M)
Amortization of Discount ($M)
Amortization of Discount as % of Total Interest Income
$155
$39
$116
25%
FY Q2'23
$1,651
$809
49%
$842
$2,042 $2,109 $2,134
$886 $875
$1,041
51%
$1,001
42%
$1,223
FY Q2'21 FY Q3'21 FY Q4'21
41%
$1,259
FY Q1'22
$2,335
$957
41%
$1,378
$2,464 $2,465
$961 $887
39%
36%
$1,503 $1,577
FY Q2'22 FY Q3'22
FY Q4'22
Avg. Interest Bearing LHFI Balance
Avg. 0% APR LHFI Balance
0% APR Balance % of Avg LHFI
$2,593
$959
37%
$1,633
$3,169
$1,172
37%
$1,996
FY Q1'23 FY Q2'23
Amortization of discount is driven by either loan purchases from originating bank partners or the origination of loans with 0% APR or below market interest rates; Consumer & Other Interest Income consists primarily of
interest charged to consumers over the term of the consumers' loans based on the principal outstanding
0% APR Loans Held For Investment include all loans that are not interest bearing, including Pay in 4 (formerly known as Split Pay) loans
Metrics are unaudited
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