Affirm Holdings provides consumers with an alternative to various other payment options. Through its commerce platform and partnerships with originating banks, Co. enables consumers to pay for a purchase over time, with terms ranging from one to 60 months. When a consumer applies for a loan through Co.'s platform, the loan is underwritten using Co.'s proprietary risk model, and once approved, the consumer selects their preferred repayment option. The majority of loans are funded and issued by Co.'s originating bank partners. Co.'s platform comprises three primary elements: a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. We show 12 historical shares outstanding datapoints in our AFRM shares outstanding history coverage, used to compute AFRM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AFRM market cap history over the course of time is important for investors
interested in comparing AFRM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AFRM versus a peer is one thing; comparing
AFRM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AFRM can fluctuate over the course of history.
With this page we aim to empower investors researching AFRM by allowing them to research the AFRM market cap history. |
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Video: The Importance of Market Cap
