---
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"
generated_at: "2026-06-18T23:46:25.823899+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sezzle reports Q4 net income of $0.6M, first profitable quarter; FY22 net loss narrows 49% to $38.1M

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001662991-23-000005
- JSON: https://secwatch.observer/filing/0001662991-23-000005.json
- Plain text: https://secwatch.observer/filing/0001662991-23-000005.txt

## Key facts
- Earnings Releases
  Sezzle Inc. reported the fourth quarter ended 31 December 2022 results: revenue US$38.3 million, net income US$0.6 million.
  - Period: the fourth quarter ended 31 December 2022
  - Revenue: US$38.3 million
  - Net income: US$0.6 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1662991/000166299123000005/0001662991-23-000005-index.htm
- Earnings Releases
  Sezzle Inc. reported the year ended 31 December 2022 results: revenue US$125.6 million, net income $38.1 million.
  - Period: the year ended 31 December 2022
  - Revenue: US$125.6 million
  - Net income: $38.1 million
  - Result: reported results
  source text: FY22 revenue initiatives lifted Total Income 9.4% YoY to US$125.6 million despite a tough macroeconomic environment and moderated transaction volumes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662991/000166299123000005/0001662991-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.