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Affirm reports q1 revenue up 34% yoy to $933m, vs Pwc australia director & senior economist james loughridge shares his insights. $883m est., gmv up 42% to $10.8b, vs
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$10.38b est., and profit above estimates The first economic update for the australian private market as we start fy25 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.
Australian business investment dipped in the march quarter as gains in mining were offset by a pullback elsewhere, while a drop in equipment spending looked to have dragged on economic growth.
Business conditions and sentiments almost a third of employing businesses (31%) are having difficulty finding suitable staff Nearly half (46%) of all businesses experienced increases in their operating expenses More than two in five businesses (41%) faced supply chain disruptions This has remained steady since it peaked in january 2022 (47%).
However, given the nature of our business, i propose that some aspects should, in fact, become easier with scale $455m revenue less transaction costs (“rltc”)1 +60% $933m revenue +34% $10.8b gross merchandise volume (“gmv”) +42% net income +$181m 28% adjusted operating income1 as a percent of revenue +10 pp 7% operating income as a. The latest global purchasing managers’ index (pmi) indicated that the pace of global economic activity has been steady, with the index recording a value of 51.5 in february 2025, down from 52.6 recorded in december 2024 The service sector’s business activity continues to outperform manufacturing
Among the major developed economies, the us registered the strongest rate of expansion
Figures australia industrial and logistics figures q1 2025 april 6, 2025 10 minute read
