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Is Affirm Stock A Buy After Amazon Partnership | AFRM Stock News - YouTube
Channel: Newborn Investor
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hello everyone newborn investor here and
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welcome to another video last week a
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firm holdings announced that it's
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partnering with amazon bringing a firm's
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buy now pay later solution to amazon's
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vast merchandise and customers i first
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recommended a film back in june when i
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had initiated a position following the
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news a firm stock exploded soaring over
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40 percent and patient investors should
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be well in the money with a firm
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offering good returns should you sell or
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continue to hold in today's video we're
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gonna talk about it and many more so
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make sure to stick around as we're
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starting right now
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a firm stock was on a hell of a ride
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after the company announced its plans to
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partner with amazon under the
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partnership amazon will integrate a
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firm's buy now pay later solution into
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its platform giving amazon's customers
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the ability to split their purchases
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into smaller monthly payments amazon
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partnering with fm is definitely going
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to be a revenue booster for effort but
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is that good enough for investors to see
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sizeable returns we will get to it in a
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minute but before that if you like the
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video and find it valuable please make
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sure to hit the like and subscribe
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button i really appreciate your support
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as it keeps me motivated to put in the
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long hours for making these videos
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alright let's move on
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looks like the future of online shopping
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is buy now pay later solutions as it
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provides significant advantages over
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conventional credit cards buy now pay
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later solutions reduces the friction in
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a transaction leading to a quick sale as
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the customer does not have to worry
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about the payments until later i
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certainly feel that buy now pay later
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solutions offer good competition to
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credit cards credit cards come with a
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swipe fee which is one to four percent
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of the transaction amount and this is
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charged to the seller while buying our
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pay later solutions comes with a much
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lower flat fee this definitely is a
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great incentive for retailers and
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e-commerce players to adopt buy now pay
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later solutions as buying our pay later
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solutions become more mainstream they
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should be taking away major market share
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from credit card companies and a firm
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with its new partnership is well
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positioned to profit out of that shift
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the company posted impressive growth
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metrics even before announcing its
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partnership with amazon a firm ended the
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third quarter of 2021 with 5.4 million
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active customers up 60 from the previous
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year revenue is expected to grow by 38
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for 2022 not considering the revenues
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from the amazon deal in addition to that
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the number of active merchants more than
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doubled to nearly 12 000. a firm
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partnering with shopify was a
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significant revenue booster and now with
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amazon i don't think it's going to be
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any different according to deutsche bank
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analyst brian keane the partnership
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could contribute an annual total payment
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volume worth 7.7 billion dollars with a
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potential revenue contribution of 385
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million dollars so what's my take on
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effort
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following a successful ipo a firm stock
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took off hitting an all-time high of 140
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before bottoming around 46 dollars prior
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to the amazon partnership a firm stock
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was trading at around 20 times sales and
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now it's even more expensive however the
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growth potential a firm offers may
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provide some justification for the
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valuation in my previous video i raised
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concerns on a firm's competition and its
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huge dependency on peleton for revenue
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with the amazon partnership the risk
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associated with palliative is somewhat
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addressed but it still has to fight an
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uphill battle to crush the competition
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that being said a firm to me looks like
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a long-term hold only if you're a risk
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tolerant investor now i would love to
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hear from you guys what do you think
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about fm partnering with amazon
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leave a comment below with ones and i'll
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be sure to follow up with you also if
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you like this video and found it
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valuable please make sure to hit the
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like and subscribe button i really
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really appreciate your support so until
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you hear from me again stay safe and
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thanks for watching
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bye
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