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AFTPF - Affirm: In An Early Growth Stage
October, 19 2021 07:40 AM
Afterpay Limited
The high-growth fintech aspires to disrupt legacy financial institutions through its BNPL (buy now, pay later) payment network. Its recent partnership with Amazon and Target will provide further growth opportunities. However, customer concentration remains a major risk factor (its top customer is Peloton Interactive which accounts for ~20% of total revenue). After skyrocketing over 230% from its May lows, shares may see some weakness short to midterm, although the long-term outlook remains bullish. For further details see:
Affirm: In An Early Growth Stage
Stock Information
Company Name:
Afterpay Limited
Stock Symbol:
AFTPF
Market:
OTC
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