Company: AFRM
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001820953-25-000012
Chunk: 24

Company: Affirm Holdings, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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,485 5,615 475 7 5 1,753,758 90 – 94329,415 59,203 891 289 4 1 389,803 <9065,999 8,168 11 112 2 1 74,293 No score (1)2,114 5,707 22,509 3,675 110 27 34,142 Total amortized cost basis$5,246,747 $1,346,806 $114,951 $11,196 $326 $45 $6,720,071 June 30, 2024Amortized Costs Basis by Fiscal Year of Origination20242023202220212020PriorTotal96+$3,438,135 $183,210 $10,026 $186 $10 $5 $3,631,572 94 – 961,509,125 29,227 463 8 2 4 1,538,829 90 – 94287,499 3,575 263 3 1 1 291,342 <9045,009 46 309 2 1 — 45,367 No score (1)20,680 66,680 12,391 217 94 124 100,186 Total amortized cost basis$5,300,448 $282,738 $23,452 $416 $108 $134 $5,607,296 (1)This balance represents loan receivables without sufficient data available for use by the Affirm scoring methodology including new markets and certain developing products.  The following table presents net charge-offs by fiscal year of origination as of December 31, 2024 (in thousands):December 31, 2024Net Charge-offs by Fiscal Year of Origination20252024202320222021PriorTotalCurrent period charge-offs(14,524)(231,104)(17,470)(951)(171)(140)(264,360)Current period recoveries199 7,829 6,300 2,289 466 137 17,220 Current period net charge-offs(14,325)(223,275)(11,170)1,338 295 (3)(247,140)Loan receiv