{"schema_version":"secwatch.filing_event.v1","accession":"0001662991-23-000005","form_type":"8-K","ticker":"SEZL","cik":"0001662991","company_name":"Sezzle Inc.","filed_at":"2023-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.061590+00:00","generated_at":"2026-06-18T23:46:25.823899+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sezzle reports Q4 net income of $0.6M, first profitable quarter; FY22 net loss narrows 49% to $38.1M","bullets":["Q4 2022 Total Income $38.3M (+16.2% YoY); UMS $452.3M (-19.4% YoY).","Q4 Net Income $0.6M vs Net Loss $25.9M in Q4 2021; Adjusted EBITDA $7.0M vs -$23.0M.","FY22 Net Loss $38.1M, down 49% from $75.2M in FY21; Provision for uncollectible accounts fell to 1.7% of UMS.","Implemented over $70M annualized revenue/cost initiatives in 2022; identified additional $10M initiatives.","New $100M credit facility with Bastion; cash $69.5M at Dec 31, 2022. January 2023 Total Income $11.7M (+18.3% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001662991-23-000005","json":"https://secwatch.observer/filing/0001662991-23-000005.json","markdown":"https://secwatch.observer/filing/0001662991-23-000005.md","text":"https://secwatch.observer/filing/0001662991-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1662991/000166299123000005/0001662991-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1662991/000166299123000005/szl-20230227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T23:46:25.823899+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"456f51b4d548ef6d8d57c45dffb9c6d15a0ca343","claim":"Sezzle Inc. reported the fourth quarter ended 31 December 2022 results: revenue US$38.3 million, net income US$0.6 million.","evidence_excerpt":"pay-per-click placement in Sezzle app); and o Partnerships (e.g., bank partnership). Fourth Quarter 2022 Highlights: • Total Income for 4Q22 rose 16.2% YoY to a record high US$38.3 million (A$56.2 million1) from US$32.9 million (A$48.4 million1) and represented 8.5% of Underlying Merchant Sales (UMS). Total Income improved YoY due to the Company’s initiatives such","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1662991/000166299123000005/0001662991-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended 31 December 2022"},{"label":"Revenue","value":"US$38.3 million"},{"label":"Net income","value":"US$0.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a8b6ea3eb7939e47275dac4b70e526248f6d2526","claim":"Sezzle Inc. reported the year ended 31 December 2022 results: revenue US$125.6 million, net income $38.1 million.","evidence_excerpt":"FY22 revenue initiatives lifted Total Income 9.4% YoY to US$125.6 million despite a tough macroeconomic environment and moderated transaction volumes.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1662991/000166299123000005/0001662991-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended 31 December 2022"},{"label":"Revenue","value":"US$125.6 million"},{"label":"Net income","value":"$38.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}