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Afterpay (Afterpay) Other Income (Expense) : $-66.5 Mil (TTM As of Jun. 2021)


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What is Afterpay Other Income (Expense)?

Afterpay's other income expense for the Afterpay's pretax income for the six months ended in Jun. 2021 was $-15.7 Mil. Its other income expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-66.5 Mil.

Afterpay Other Income (Expense) Historical Data

The historical data trend for Afterpay's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Afterpay Other Income (Expense) Chart

Afterpay Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21
Other Income (Expense)
-5.65 -1.26 2.19 9.06 -67.23

Afterpay Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only 18.70 -3.37 12.44 -50.75 -15.70

Afterpay Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-66.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Afterpay  (OTCPK:AFTPY) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Afterpay (Afterpay) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Afterpay Ltd (OTCPK:AFTPY) » Definitions » Other Income (Expense)
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Traded in Other Exchanges
N/A
Address
406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000
Website
https://www.afterpay.com
Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.