Affirm Results Presentation Deck
Interest Income and Loans Held for Investment Composition
$117
$38
33%
$79
FY Q1'22
affirm
2.
3.
Interest Income Composition ($ millions)
$138
$55
40%
$83
Notes:
1.
FY Q2'22
$135
$45
$89
34%
$138
$46
$91
34%
$137
$39
$98
28%
$155
$39
$116
25%
$178
$39
$139
22%
$215
$42
$173
19%
FY Q3'22 FY Q4'22 FY Q1'23 FY Q2'23 FY Q3'23 FY Q4'23
Consumer & Other Interest Income ($M)
Amortization of Discount ($M)
Amortization of Discount as % of Total Interest Income
$263
$45
$218
17%
FY Q1'24
Composition of Average Loans Held for Investment ("LHFI")
$2,134
$875
$1,259
41%
$2,335
$957
$1,378
41%
FY Q1'22 FY Q2'22
$2,464 $2,465
$961 $887
$1,503
39%
FY Q3'22
$1,577 $1,633
36%
$2,593
$959
FY Q4'22
37%
$3,169
$1,172
$1,996
37%
FY Q1'23 FY Q2'23
$3,716 $1,309
$1,300
$2,415
35%
FY Q3'23
$4,476
$4,089 $1,298
Avg. Interest Bearing LHFI Balance
Avg. 0% APR LHFI Balance
0% APR Balance % of Avg LHFI
$2,781
32%
FY Q4'23
$3,178
29%
FY Q1'24
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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