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Affirm reports q1 revenue up 34% yoy to $933m, vs Total gmv grew 3% yoy, or 7% yoy on a constant currency basis, primarily due to the continued growth in mobility, which offset softer deliveries demand as a result of chinese new year and ramadan during the first quarter. $883m est., gmv up 42% to $10.8b, vs
$10.38b est., and profit above estimates Shopify considers free cash flow and free cash flow margin as indicators of the efficiency and liquidity of shopify’s business, measuring cash available, after capital investment, to make strategic. Afrm jumps 11%+ after hours — consumer financing firm affirm holdings (afrm) reported fiscal first quarter earnings, revenue and key financial metrics that handily beat wall street targets.
Afrm) stock slid 7.9% after the company's ceo said its business from 0% apr installments generates lower revenue than its other products, but said the better credit.
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