Affirm, a fintech startup that offers payment options to e-commerce customers, released a new S-1/A filing. The new document follows a late-December filing of a similar nature, though that update focused on changing the language of Affirm’s reported results, tweaking its language to remove some adjusted metrics and hewing closer to generally accepted accounting principles, or GAAP.
The company’s more recent filing details what could be its first IPO price interval, indicating that Affirm may price its shares between $33 and $38 per share in its IPO. If Affirm raises its estimates, expect that price range to tighten.
Let’s calculate Affirm’s valuation marks at its new price range before digging into what we think of the company’s estimated worth against its most recent performance.
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