Affirm Results Presentation Deck
GAAP to Non-GAAP Expense Reconciliations, H2'22
($ in 000s)
Loss on loan purchase commitment
Provision for credit losses
Funding costs
Processing and servicing
Total Transaction Costs
Technology and data analytics
Sales and marketing
General and administrative
Other Operating Expenses
Total Operating Expenses
($ in 000s)
Loss on loan purchase commitment
Provision for credit losses
Funding costs
Processing and servicing
Total Transaction Costs
Technology and data analytics
Sales and marketing
General and administrative
Other Operating Expenses
Total Operating Expenses
affirm
$
$
$
$
$
$
$
$
$
$
GAAP
GAAP
40,285 $
72,691
19,417
47,393
179,786
$
135,350 $
168,693
157,531
461,574 $
641,360 $
46,853
66,294
15,824
43,371
172,342
$
110,291 $
156,214
142,466
408,971 $
581,313 $
D&A
D&A
O
0
0
145
145
000
124
124
Compensation Expense
$
13,992
2,314
664
16,970
17,115 $
$
$
$
$
Three Months Ended June 30, 2022
Stock-Based
$
$
10,058
2,372
549
12,978 $
13,102 $
0
O
0
895
895
Compensation Expense
Enterprise Warrant &
Share Based Expenses
$
41,398
7,569
61,008
109,975
$
110,870 $
$
$
Three Months Ended March 31, 2022
Stock-Based
0
O
0
650
650
$
$
33,639
5,998
58,100
97,737 $
98,387 $
000
O
0
0
119,517
Enterprise Warrant &
Share Based Expenses
$
119,517
Notes:
1. Metrics are unaudited
2. Other costs consists of one-time expenses incurred in the period associated with the Company's initial public offering, its acquisitions, and sublease impairment charges
$
119,517 $
0
0
O
O
119,039
0
119,039
119,039
$
$
$
$
$
$
$
$
Other Costs
Other Costs
OOO OO
00
$
O O O O O
LA
$
25
$
tA
415
415 $
415 $
$
$
O $
0
25
25
$
$
Non-GAAP
40,285
72,691
19,417
46,353
178,746
79,960
39,293
95,444
214,697
393,443
Non-GAAP
46,853
66,294
15,824
42,597
171,568
66,594
28,805
83,792
179,192
350,760
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