Afterpay’s Full Year Result 25 Aug 21: Afterpay sales lift but earnings drop ahead of Square takeover

Afterpay (APT), Australia’s largest buy-now pay-later provider, reported a 13% fall in earnings (EBITDA) to $38.7 million for the past financial year while its net loss after tax ballooned to $159.4 million from $22.9 million a year ago. The group still managed to lift total income by 78% to $924.7 million as underlying sales grew 90% to 21.1 billion. In constant currency terms, underlying sales came in at $22.4 billion, a jump of 102%

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