Sezzle reports 5th straight quarter of profitability; Sept total income $14.4M, net income $0.6M

Sezzle Inc.

2023-Q3 EPS reported $0.74 revenue$110,455,297

Total Income $14.4M in Sept 2023, up 36% YoY and 2.8% MoM.
GAAP Net Income $0.6M and Adjusted EBITDA $3.0M for September.
Cash on hand $66.8M as of Sept 30; $75.9M drawn from $100M credit facility.
Sezzle Premium and Anywhere subscribers exceeded 221,000 as of Oct 30.
The company will host Q3 earnings call on Nov 8/9, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Sezzle Inc. reported the month ended 30 September 2023 results: revenue US$14.4 million, net income $0.6 million.

Period: the month ended 30 September 2023
Revenue: US$14.4 million
Net income: $0.6 million
Result: preliminary results

Exact text from the filing

Chairman and CEO, Charlie Youakim. “We are excited about the upcoming holiday period and believe this holiday season could be our best one yet.” • Total Income increased to US$14.4 million (A$22.3 million2) in September 2023, representing a 36.0% YoY and 2.8% MoM increase. Total Income as a percentage of Underlying Merchant Sales (UMS) increased 123 bps YoY to

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Source: SEC EDGAR

accession 0001662991-23-000152

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