The BNPL Pioneer Impresses Across the Board!
Affirm is revolutionizing payment processing with its technology and benefits from the trend towards flexible payment methods!
The operational turnaround is in sight - Affirm is transforming from a growth to a profit generator!
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I remain positively convinced about Affirm's development! The company impressively demonstrates how to make the "buy now, pay later" business model profitable. The leap from a loss of $0.54 per share last year to a profit of $0.23 is remarkable. I am particularly convinced by the transaction volume of $10.1 billion (+35% y/y), which underscores the strong demand for flexible payment solutions. CEO Max Levchin is clearly steering the company towards operational profitability - the drastically reduced loss of only $4.3 million is perhaps the best...
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