Affirm Results Presentation Deck
Non-GAAP Operating Expenses
Technology & Data Analytics
Sales and Marketing
23% $26 $28 $28 $28
$20
20% 20%
affirm
18%
Notes:
1.
2.
$36
16% % 18%
$49
21%
$44
17%
$51
FY FY FY FY FY FY FY FY FY
Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22
19%
Technology & Data Analytics ($M)
% of Revenue
$4
$6 $6
$4
$7
$20
10%
$30
13%
$40 $41
15% 15%
3.%
40
470
FY FY FY FY FY FY FY FY FY
Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22
Sales and Marketing ($M)
% of Revenue
General and Administrative
27% $27 $28 $29 $28
21% 20% 19%
$24
$36
16% 18%
Non-GAAP operating expenses exclude (a) depreciation and amortization; (b) stock-based compensation included in GAAP operating loss; (c) the amortization of its commercial agreement asset; and (d) certain other costs
Metrics are unaudited
$51 $50
11
22%
19%
$66
25%
FY FY FY FY FY FY FY FY FY
Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22
General and Administrative ($M)
% of Revenue
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