8-KEarnings & ResultsExhibits & Filings

Affirm Holdings, Inc. 8-K Report, Financial Results (Nov 8, 2023)

Filed November 8, 2023For Securities:AFRM

Summary

Affirm Holdings, Inc. (AFRM) has filed an 8-K report on November 8, 2023, primarily to announce its financial results for the first fiscal quarter ended September 30, 2023. The core of this announcement is the Shareholder Letter, which provides an overview of the company's performance and outlook. Investors should pay close attention to the disclosed financial results and any commentary on operational improvements or strategic initiatives mentioned in the letter, as these will shape the narrative around the company's progress and future prospects in the buy now, pay later (BNPL) market. The filing incorporates by reference the Shareholder Letter, which includes both GAAP and non-GAAP financial measures. Investors are advised to review the reconciliations provided within the letter to fully understand the company's financial health and performance trends. While this information is furnished and not deemed "filed" under Section 18 of the Securities Exchange Act, it remains a critical source for understanding management's perspective on the quarter's results and the company's trajectory.

Key Highlights

  • 1Affirm Holdings reported its financial results for the first fiscal quarter ended September 30, 2023, via a Shareholder Letter.
  • 2The Shareholder Letter is incorporated by reference into the 8-K filing, serving as the primary source of detailed financial information.
  • 3The filing includes both GAAP and non-GAAP financial measures, with reconciliations provided in the Shareholder Letter.
  • 4Investors should refer to Exhibit 99.1 (Shareholder Letter) for comprehensive details on the company's quarterly performance.
  • 5The information provided is furnished under Item 2.02 and is not considered 'filed' for certain regulatory purposes, but remains a key investor communication.
  • 6The 8-K also includes the Cover Page Interactive Data File in Inline XBRL format.

Frequently Asked Questions

The detailed financial results are primarily presented in the Shareholder Letter dated November 8, 2023, which is attached as Exhibit 99.1 to this 8-K filing. The information in the letter is incorporated by reference.

Yes, the Shareholder Letter includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures. Reconciliations between these measures and their comparable GAAP counterparts are available within the Shareholder Letter itself.

According to the filing, the information in Item 2.02 and Exhibit 99.1 is furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor will it be incorporated by reference into any filings under the Securities Act of 1933. However, it is still crucial information for investors.

The primary purpose of this 8-K filing is to formally report Affirm Holdings, Inc.'s financial results and condition for the first fiscal quarter ended September 30, 2023, through the distribution of a Shareholder Letter.