|Bid||37.00 x 0|
|Ask||34.19 x 0|
|Day's Range||36.25 - 37.15|
|52 Week Range||15.64 - 37.41|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 26, 2020 - Mar 07, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.51|
Afterpay (ASX: APT) today announced that it has appointed David Katz as its new global Chief Product Officer, effective January 12, 2020. After leading the product organization at Fanatics, Mr. Katz will lead product management for Afterpay.
Afterpay Limited (ASX: APT), a rapidly growing "Buy Now, Pay Later" company that enables top fashion and beauty brands to offer interest-free installment plans, announces its partnership with American actress Sarah Hyland through a comedic series of videos focused on the New Year.
In partnership with the Red Cross, Afterpay is encouraging its global customers and retail network to donate to bushfire-affected communities through the Australian Red Cross Disaster Relief and Recovery Fund. The funds will go directly to supporting businesses, communities and volunteers in affected areas around Australia. On behalf of its global employees, Afterpay will donate A$200,000 to the Red Cross Disaster Relief and Recovery Fund.
Afterpay Limited today released its full consumer shopping trends for the Holiday 2019 season, from November 15 through the end of December 2019. Based on this data, mobile shopping was by far and away the preferred way consumers shopped and paid for items using the Afterpay service. Nearly 80% of customers used mobile devices for their purchases this season, a 12% increase from 2018.
MELBOURNE, Australia, Nov. 12, 2019 /PRNewswire/ -- Afterpay Touch Group Limited (APT.AX) ("Afterpay" or the "Group") is pleased to announce a business update for the period ended 31 October 2019. Growth and performance continue across all geographies and channels with global underlying sales of $2.7 billion in the 4-months to 31 October 2019, a 110% increase compared to the previous corresponding period (pcp).
SAN FRANCISCO, Nov. 12, 2019 /PRNewswire/ -- Afterpay (APT.AX) today announced that Facebook's former Chief Marketing Officer, Gary S. Briggs will join its Board of Directors, effective January 1, 2020. "The Afterpay business model speaks to the new generation of shoppers - those younger consumers who want to budget and control their spending on things that are important in their lives," said Gary Briggs. "Mr. Briggs is an exceptional executive with hands-on experience building world-class brands during periods of significant growth and remarkable business success," said Elana Rubin, Afterpay's independent interim Chair.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Afterpay Touch Group...
SAN FRANCISCO, Oct. 9, 2019 /PRNewswire/ -- Afterpay (APT.AX) today announced that former U.S. Treasury Secretary Lawrence H. Summers will join its U.S. Advisory Board. Other members of the new advisory board include Uli Becker, former CEO of Reebok, and Matthew A. Kaness, former president and CEO of ModCloth. Afterpay's U.S. Advisory Board was formed to help the company identify key business opportunities and partnerships at a time when American consumers are increasingly turning to alternative payment methods to avoid revolving and extended debt.
Millennials are expected to overtake baby boomers as the largest adult population in the United States this year, according to the Pew Research Center. Afterpay, considered a pioneer in the buy-now-pay-later space, has been banking on growth in the largely nascent U.S. market. Joining Summers on the board will be former Reebok CEO Uli Becker, and former U.S. online retailer ModCloth CEO Matthew Kaness.
SAN FRANCISCO, Sept. 26, 2019 /PRNewswire/ -- Afterpay Touch Group Limited (APT.AX), a rapidly growing "Buy Now, Pay Later" company that offers interest- and fee-free installment plans with top fashion and beauty brands, announced today that they are the official payments launch partner of Haus Laboratories, Lady Gaga's prestigious beauty line. The brand went live to the public last week kicking off with a launch party in Los Angeles, with Afterpay sponsoring the official after party.
When you buy shares in a company, there is always a risk that the price drops to zero. On the other hand, if you find...
Australia's financial intelligence agency on Tuesday ordered an audit of PayPal Holdings Inc's compliance with local anti-money laundering and counter-terrorism financing laws, saying it was concerned reporting obligations had not been met. AUSTRAC, which is tasked with ensuring compliance with the laws, ordered PayPal's Australian unit to appoint an external auditor to look at the fund transfers at its own cost and report back within 120 days.
Australia and New Zealand strong growth continues – instore growing strongly with over $1 billion of underlying sales since inception and represents a significant growth opportunity. Stable Afterpay merchant income margins were achieved during FY19 at 3.9% pro forma, a strong result in light of continued strength in Enterprise merchant underlying sales.
Afterpay Touch Group, a loss-making Australian buy-now-pay-later company, said growth in the United States was exceeding its expectations, giving its shares a boost amid heightened regulatory scrutiny at home. Afterpay, considered a pioneer in the buy-now-pay-later space, said it was adding 50% more new customers a day in the United States than its daily average in the 2019 financial year, sending its shares up as much as 8.8% to their highest level since June. The Melbourne-based company currently has 5.2 million active customers globally, and said it was adding 12,500 new ones a day.
The big shareholder groups in Afterpay Touch Group Limited (ASX:APT) have power over the company. Large companies...
The Minneapolis-based company closed the day at A$2.20 per share, shy of the A$2.58 session high, nearly double its initial public offering (IPO) price of A$1.22 a share. Sezzle, yet to post a profit, only operates in the United States and Canada and said it will fund growth in those two countries with the A$43.6 million ($30.03 million) it raised from the oversubscribed IPO. "We certainly haven't sold any of our shares, we think they may trade higher in the coming days and weeks," said Dean Fergie, portfolio manager at Cyan Investment Management, a fund that bought shares in the IPO.
Australia's Afterpay Touch Group Ltd on Tuesday said it was moving toward appointing a "majority independent board with an independent chair", as the fast-growing lender boosts governance amid scrutiny from the financial crime watchdog. The announcement sent Afterpay's shares up as much as 7.6% in Tuesday trade, partly reversing two days of heavy selling as investors fretted about U.S. credit card firm Visa Inc's planned entry to the buy-now-pay-later market. Investors have also been spooked since the Australian Transaction Reports and Analysis Centre (AUSTRAC) last month ordered an external audit of Afterpay due to suspected non-compliance with anti-money-laundering laws.
Australia's Afterpay Touch Group Ltd, an early adopter of buy-now-pay-later consumer lending, has come under heavy selling pressure for consecutive trading days after credit card giant Visa Inc unveiled plans to enter the market. Visa's plans to allow customers to pay by instalments marks a significant threat to Afterpay and its cohort of like-minded companies pioneering interest-free payments systems. Afterpay shares had started to recover in volatile late-afternoon trading.
Australian shares slipped on Tuesday, tracking sharp losses on Wall Street after Caterpillar and Nvidia Corp warned of weak Chinese demand, with robust gains in miners offset by declines in financial and ...