Sezzle Reports Fourth Quarter and Fiscal Year 2024 Results

Rhea-AI Summary

Sezzle (NASDAQ:SEZL) reported strong Q4 and FY2024 results, with notable growth across key metrics. Q4 highlights include:

- GMV reached $855.4M (up 42.1% YoY)
- Total Revenue doubled to $98.2M (up 100.9% YoY)
- Net Income hit $25.4M with $4.21 earnings per diluted share
- Operating Income grew 302.6% YoY to $30.9M

FY2024 performance showed:
- GMV of $2.5B (up 39.2% YoY)
- Total Revenue of $271.1M (up 70.1% YoY)
- Net Income increased tenfold to $78.5M

The company launched Sezzle On-Demand and expanded partnerships with major retailers. For FY2025, Sezzle projects:
- Net Income of $80.4M
- Net Income per Diluted Share of $13.25
- Total Revenue Growth of 25-30%

Positive

• Net Income increased tenfold YoY to $78.5M in FY2024
• Q4 Total Revenue doubled YoY to $98.2M
• GMV grew 42.1% YoY to $855.4M in Q4
• Operating Income up 302.6% YoY to $30.9M in Q4
• Raised FY2025 earnings guidance to $13.25 per share
• Operating expenses as % of revenue improved by 15.7 points YoY

Negative

• Transaction Related Costs as % of GMV increased from 4.7% to 5.1% YoY
• Total Operating Expenses increased 63.3% YoY to $67.4M
• Company expects transition to full corporate taxpayer status with 25% tax rate in 2025

Insights

Financial Analyst

Sezzle's Q4 and FY2024 results demonstrate exceptional financial performance that significantly exceeds industry norms for the BNPL sector. The company has achieved what many competitors struggle with: combining rapid growth with substantial profitability improvements.

The 42.1% YoY GMV growth to $855.4 million in Q4 showcases Sezzle's continued market penetration, but what's truly remarkable is the revenue efficiency - revenue as a percentage of GMV reached 11.5%, substantially higher than the 7-9% typical for the BNPL industry. This indicates Sezzle has successfully differentiated its offering through value-added services that command premium pricing.

The WebBank partnership and launch of Sezzle On-Demand represent a strategic evolution beyond the traditional BNPL model. By allowing non-subscribers to access the platform for one-time fees, Sezzle has effectively created a hybrid business model that captures revenue from both subscription and transaction-based sources. This dual-revenue approach provides greater stability than pure transaction-based competitors.

Most impressive is the company's profitability trajectory. The tenfold increase in annual net income to $78.5 million and expansion of operating margin to 30.3% demonstrate exceptional operational leverage. For context, this margin significantly outperforms most fintech companies, including larger BNPL competitors that continue to struggle with profitability.

The slight increase in transaction-related costs (from 4.7% to 5.1% of GMV) warrants attention. While management attributes this to strategic underwriting expansion, it could signal either controlled risk-taking to fuel growth or potentially deteriorating credit quality. The critical metric to watch in coming quarters will be whether these higher provisions translate to actual losses or represent conservative accounting.

Sezzle's merchant expansion strategy focusing on enterprise retailers like Backcountry and Rural King indicates a maturation of their business development approach. These partnerships typically provide lower margins but higher transaction volumes and stability compared to smaller merchants.

The 2025 guidance suggests continued strong performance with 25-30% revenue growth and further EPS improvement to $13.25. However, the transition to full corporate taxpayer status with a 25% effective tax rate will create headwinds for net income growth despite strong operational performance.

Sezzle's balance sheet remains solid with $98.3 million in cash and $45 million in available credit facility capacity, providing sufficient runway for their growth initiatives without immediate capital raising needs.

The exceptional growth of their Product Marketplace (orders up 39% MoM) suggests Sezzle is successfully evolving from a payment method to a shopping destination - a important transformation that could significantly enhance customer acquisition efficiency and merchant value proposition.

Investment Strategist

Sezzle's Q4 and FY2024 results reveal a company that has cracked the code on BNPL profitability while maintaining impressive growth - a combination that has eluded most competitors in this space. While Affirm and Klarna continue to prioritize scale over margins, Sezzle has achieved the fintech holy grail: exponential profit growth alongside strong top-line expansion.

The revenue efficiency metrics are particularly telling. At 11.5% of GMV, Sezzle's revenue take rate significantly outperforms industry averages of 7-9%. This premium monetization stems from their hybrid business model combining subscription services with transaction fees, creating more stable, diversified revenue streams than pure transaction-based competitors.

The WebBank partnership represents a strategic masterstroke that deserves investor attention. Beyond enabling the On-Demand product, this relationship likely provides significant regulatory and capital efficiency advantages. By partnering with a chartered bank, Sezzle can effectively operate nationwide without navigating state-by-state lending regulations that burden many competitors - a structural advantage reflected in their expanding margins.

From a competitive positioning standpoint, Sezzle appears to be successfully executing an "expansion through focus" strategy. Rather than burning capital to compete head-to-head with larger players across all segments, they've carved out defensible niches where they can command premium pricing. Their merchant selection strategy - adding companies like Backcountry and Rural King - suggests targeted expansion into specialty retail categories where BNPL adoption remains underpenetrated.

The Product Marketplace growth (orders up 39% MoM) represents perhaps the most significant strategic evolution. This transforms Sezzle from a payment method that relies on merchant acquisition to a shopping destination that drives consumers directly to merchants - fundamentally altering their customer acquisition economics and strengthening their merchant value proposition.

Regarding valuation, Sezzle trades at approximately 19x trailing earnings based on their $1.53 billion market cap and $78.5 million in 2024 net income. This represents a significant discount to high-growth fintech peers that typically trade at 30-40x earnings, suggesting potential for multiple expansion if their execution remains strong.

The transition to full corporate taxpayer status in 2025 creates an interesting dynamic. While the 25% effective tax rate will dampen net income growth, it also signals the company's maturation and sustainable profitability. Few BNPL competitors have reached the scale where tax efficiency becomes a material consideration.

Sezzle's strong balance sheet ($98.3 million cash, $45 million available credit) provides optionality beyond organic growth. With BNPL valuations having reset significantly from 2021 peaks, Sezzle could opportunistically acquire distressed competitors or complementary technologies to enhance their platform at attractive valuations.

The key investment question becomes sustainability - can Sezzle maintain this exceptional performance as they scale further? The slight increase in credit provisions bears watching, but appears to reflect controlled risk-taking rather than deteriorating credit quality. Their disciplined approach to growth suggests management is prioritizing quality over quantity - a refreshing approach in the BNPL sector that has often prioritized the reverse.

A Year of Exceptional Performance Sets the Stage for the Next Phase of Growth and Innovation

Minneapolis, MN, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is pleased to update the market on key financial metrics for the quarter and year ended December 31, 2024.

“Disciplined execution and strategic focus have propelled us to another strong year, as our 2024 bottom line increased by more than tenfold year-over-year,” stated Charlie Youakim, Sezzle Chairman and CEO. “We remain excited about the future, with our recent product launches—such as On-Demand—further propelling us in 2025, as we expect to increase 2025 pre-tax net income by more than 55% compared to 2024. I am extremely proud of our team as our success is directly attributable to their creativity, dedication, and hard work.”

Fourth Quarter 2024 Highlights

• Gross Merchandise Volume (GMV, formerly known as Underlying Merchant Sales, or UMS) reached a new high of $855.4 million in 4Q24, up 42.1% YoY. The all-time high reflects strong holiday season performance, with heightened activity across all consumer segments—subscribers, returning users, and first-time shoppers.

• Total Revenue doubled YoY, rising 100.9% to $98.2 million, driven by strong holiday shopping performance, an expanded and more engaged subscriber base, and the positive impact of our WebBank partnership. Total Revenue as a percentage of GMV reached 11.5%, surpassing the previous high of 10.6% in 3Q24.

• • As part of our WebBank partnership, we launched Sezzle On-Demand, which allows consumers who are not subscribers to use the Sezzle Platform at any merchant online or in-store in exchange for a one-time service fee (finance charge). As of December 31, 2024, Sezzle had 707,000 Monthly On-Demand & Subscribers (MODS) (rounded to the nearest thousand). This new monthly metric captures unique On-Demand users and subscribers enrolled in Anywhere and Premium (US and CA).

• Total Operating Expenses increased 63.3% YoY to $67.4 million. However, Sezzle’s ability to scale efficiently drove a 15.7 point improvement YoY, with Total Operating Expenses as a percentage of Total Revenue falling to 68.6% in 4Q24 from 84.3% in the prior year.

• Transaction Related Costs[1] as a percentage of GMV rose from 4.7% to 5.1% YoY, reflecting a rise in the Provision for Credit Losses tied to the Company’s strategic expansion of underwriting. The impact of this increase was softened by declines in Transaction Expense and Net Interest Expense as a percentage of GMV.

• Non-Transaction Related Operating Expenses¹ grew 52.6% YoY to $26.9 million. Continuing its downward trend under the Company’s disciplined cost management strategy, this metric as a percentage of Total Revenue declined 8.6 points YoY to 27.4%, a new Company low.

• Robust revenue growth, coupled with strong expense control, propelled Operating Income to a new quarterly high of $30.9 million in 4Q24, up 302.6% YoY. Operating Margin also strengthened, improving 15.7 points YoY to 31.4%.

• In 4Q24, Total Revenue Less Transaction Related Costs¹ soared 161.4% YoY to $54.3 million. This represented 6.4% of GMV and 55.3% of Total Revenue, marking YoY improvements of 2.9 and 12.8 points, respectively.

• Net Income reached an all-time high of $25.4 million, equating to 25.8% of Total Revenue—an increase of 19.8 points YoY. Net Income per Diluted Share jumped to $4.21 from $0.51 in 4Q23, reflecting a 721.5% YoY increase.

• • Adjusted Net Income¹ for the quarter totaled $26.5 million, or 26.9% of Total Revenue, underscoring the Company’s commitment to profitable growth. Per Diluted Share, Adjusted Net Income increased 873.3% YoY to $4.39.

• Adjusted EBITDA¹ for the quarter ended December 31, 2024, stood at $32.5 million, amounting to 33.1% of Total Revenue—marking a 17.2 point increase from the prior year.

Full Year 2024 Highlights

• GMV soared to $2.5 billion, exceeding the FY2023 peak by 39.2% to set a new annual high. This increase was powered by robust consumer engagement, with YoY gains accelerating every quarter of FY2024.

• FY2024 also set a record for Total Revenue, which climbed 70.1% YoY to $271.1 million, reaching 10.7% of GMV.

• Total Operating Expenses rose 37.7% YoY yet declined by 16.4 points as a percentage to Total Revenue, showcasing the Company’s operational efficiency and scalable growth.

• In FY2024, Transaction Related Costs[2] as a percentage of GMV climbed YoY from 4.3% to 4.7%, driven by Provision for Credit Losses associated with the controlled underwriting aimed at optimizing growth and profitability. This was offset by lower Transaction Expense and Net Interest Expense as a percentage of GMV.

• Highlighting the Company’s operational efficiency, Non-Transaction Related Operating Expenses² as a percentage of Total Revenue reached a new low in FY2024, declining YoY from 46.9% to 30.4%.

• Strong Total Revenue growth and effective cost control drove a 270.5% YoY increase in Operating Income, setting an annual high of $82.2 million. Consequently, Operating Margin improved to 30.3%, outperforming the previous annual pinnacle of 13.9% in FY2023.

• Total Revenue Less Transaction Related Costs² continued its upward trend, achieving a new annual peak for the fourth consecutive year. In FY2024, the metric improved 86.4% YoY to $151.0 million and represented 5.9% of GMV and 55.7% of Total Revenue—up 1.5 and 4.9 points, respectively, over the prior year.

• The Company’s profitability accelerated in FY2024, with Net Income rising more than tenfold to $78.5 million, resulting in $13.13 Net Income per Diluted Share, compared to $1.25 in FY2023. Net Income Margin expanded to 29.0%, marking a 24.5 point YoY improvement.  

• • Adjusted Net Income² totaled $66.2 million, representing 24.4% of Total Revenue. Net Income per Diluted Share was $11.06, compared to $0.99 in FY2023.

• Adjusted EBITDA² climbed to $88.4 million in FY2024, up 194.8% YoY, while Adjusted EBITDA Margin improved significantly, rising 13.8 points to 32.6%.

Balance Sheet and Liquidity

• As of December 31, 2024, Sezzle had $98.3 million of cash and cash equivalents, $25.1 million of which was restricted.

• The Company had an outstanding principal balance of $105.0 million on its $150.0 million credit facility as of year end.

 

FY2025 Guidance

• The Company is updating its FY2025 guidance, and raising its Net Income per Diluted Share outlook:

• • Net Income: $80.4 million.

• • Net Income per Diluted Share: $13.25 versus $12.00 provided with 3Q24 earnings.

• • Total Revenue Growth: 25%-30%.

• • Total Revenue Less Transaction Related Costs[3] as a percentage of Total Revenue: 55%-60%.

• The Company expects to transition to full corporate taxpayer status in 2025, with an anticipated effective tax rate of 25%.

Initiatives Update

• In 4Q24, the Company expanded its merchant network by launching partnerships with Backcountry, Bealls, and Rural King. These additions reflect Sezzle’s ongoing strategy to strengthen the Company’s market presence amongst enterprise merchants, drive future growth, and enhance the shopping experience for shoppers both online and in-store.

• Sezzle’s enhanced Product Marketplace is emerging as a powerful driver for consumer engagement. In 2024, Product Marketplace orders grew by an average of 39% MoM, while average session activity increased 70% YoY—demonstrating the platform’s effectiveness in both attracting and retaining consumers.

Awards and Accolades

• Sezzle continues to receive industry recognition, including being named among Forbes' 2025 Most Successful Mid-Cap Companies (Sezzle ranked #3). Additional 2024 and 2025 accolades from CNBC, Bankrate, CNET, Investor’s Business Daily, Worth, Minneapolis/St. Paul Business Journal, Newsweek, and Boston Brand Research & Media underscore Sezzle’s ongoing success with consumers and product innovations, coupled with profitable growth.

 

Upcoming Events

• Sezzle Management will participate in the upcoming investor conferences:

• • February 26, 2025: Oppenheimer 10th Annual Emerging Growth Conference.

• • March 11, 2025: Wolfe Fintech Forum 2025.

• • May 15, 2025: 20th Annual Needham Technology, Media, & Consumer Conference.

• • May 21-22, 2025: 25th Annual B. Riley Securities Investor Conference.

 

Quarterly Conference Call and Presentation

The Company will host its fourth quarter earnings conference call on February 25, 2025, at 5:00pm ET.

To register for the call, please navigate to: https://dpregister.com/sreg/10196962/fe834c8562

All participants can access the webcast using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=pufUI2lO

Upon registration, participants will receive the dial-in number. Those without internet access or unable to pre-register may dial in by calling: 1-866-777-2509 (US/CA toll free) or 1-412-317-5413 (international toll). A replay will be available until March 4, 2025. To access the replay dial 1-877-344-7529 (US toll free) or 1-412-317-0088 (International toll). Replay access code: 3387689.

In conjunction with the earnings call, the Company will release its presentation on the Sezzle Investor Relations website before the call. Please navigate to the Sezzle Investor Relations website for the presentation that management will review on the call.

Contact Information

Lee Brading, CFA Investor Relations +1 651 240 6001 InvestorRelations@sezzle.com

Erin Foran Media Enquiries +1 651 403 2184 erin.foran@sezzle.com

 

About Sezzle Inc.

Sezzle is a forward-thinking fintech company committed to financially empowering the next generation. Through its purpose-driven payment platform, Sezzle enhances consumers' purchasing power by offering access to point-of-sale financing options and digital payment services—connecting millions of customers with its global network of merchants. Centered on transparency, inclusivity, and ease of use, Sezzle empowers consumers to manage spending responsibly, take charge of their finances, and achieve lasting financial independence.

For more information visit sezzle.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Forward-looking statements include our expectations, whether stated or implied, regarding our financing plans and other future events.

Forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," other words or expressions of similar meaning (or the negative versions of such words or expressions). These forward-looking statements address various matters including statements regarding the timing or nature of future operating or financial performance or other events. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others: impact of the “buy-now, pay-later” (“BNPL”) industry becoming subject to increased regulatory scrutiny; impact of operating in a highly competitive industry; impact of macro-economic conditions on consumer spending; our ability to increase our merchant network, our base of consumers and gross merchandise value (GMV); our ability to effectively manage growth, sustain our growth rate and maintain our market share; our ability to maintain adequate access to capital in order to meet the capital requirements of our business; impact of exposure to consumer bad debts and insolvency of merchants; impact of the integration, support and prominent presentation of our platform by our merchants; impact of any data security breaches, cyberattacks, employee or other internal misconduct, malware, phishing or ransomware, physical security breaches, natural disasters, or similar disruptions; impact of key vendors or merchants failing to comply with legal or regulatory requirements or to provide various services that are important to our operations; impact of the loss of key partners and merchant relationships; impact of exchange rate fluctuations in the international markets in which we operate; impact of our delisting from the Australian Securities Exchange and trading on Nasdaq Capital Market as our sole trading exchange; our ability to protect our intellectual property rights and third party allegations of the misappropriation of intellectual property rights; our ability to retain employees and recruit additional employees; impact of the costs of complying with various laws and regulations applicable to the BNPL industry in the United States and Canada; and our ability to achieve our public benefit purpose and maintain our B Corporation certification. The Company cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read the Company's filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. The Company's business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

Non-GAAP Financial Measures

To supplement our operating results prepared in accordance with generally accepted accounting principles in the United States (“GAAP”), we present the following non-GAAP financial measures: Total revenue less transaction related costs; transaction related costs; non-transaction related operating expenses; adjusted net income; adjusted net income margin; adjusted net income per diluted share; adjusted earnings before interest, taxes, depreciation, and amortization (“Adjusted EBITDA”); and Adjusted EBITDA margin. Definitions of these non-GAAP financial measures and summaries of the reasons why management believes that the presentation of these non-GAAP financial measures provide useful information to the Company and investors are as follows:

• Total revenue less transaction related costs is defined as GAAP total revenue less transaction related costs. Transaction related costs is the sum of GAAP transaction expense, provision for credit losses, and net interest expense less certain non-recurring charges as detailed in the reconciliation table of GAAP operating income to non-GAAP total revenue less transaction related costs above. We believe that total revenue less transaction related costs is a useful financial measure to both management and investors for evaluating the economic value of orders processed on the Sezzle Platform;
  
  

• Non-transaction related operating expenses is defined as the sum of GAAP personnel; third-party technology and data; marketing, advertising, and tradeshows; and general and administrative operating expenses. We believe that non-transaction related operating expenses is a useful financial measure to both management and investors for evaluating our management of operating expenses not directly attributable to orders processed on the Sezzle Platform.
  
  

• Adjusted EBITDA is defined as GAAP net income, adjusted for certain non-cash and non-recurring charges including depreciation, amortization, equity and incentive–based compensation, and merger-related costs, as well as net interest expense as detailed in the reconciliation table of GAAP net income to adjusted EBITDA. We believe that this financial measure is a useful measure for period-to-period comparison of our business by removing the effect of certain non-cash and non-recurring charges, as well as funding costs, that may not directly correlate to the underlying performance of our business.
  
  

• Adjusted EBITDA margin is defined as Adjusted EBITDA divided by GAAP total revenue. We believe that this financial measure is a useful measure for period-to-period comparison of our business’ unit economics by removing the effect of certain non-cash and non-recurring charges, as well as funding costs, that may not directly correlate to the underlying performance of our business.
  
  

• Adjusted net income is defined as GAAP net income, adjusted for certain charges including the release of our deferred tax asset valuation allowance, fair value adjustments on warrants, losses on the extinguishment of our lines of credit, and other income and expense, as detailed in the reconciliation table of GAAP net income to adjusted net income. We believe that this financial measure is useful for period-to-period comparison of our business by removing the effect of certain charges that, in management's view, does not correlate to the underlying performance of our business during a given period.
  
  

• Adjusted net income margin is defined as Adjusted net income divided by GAAP total revenue. We believe that this financial measure is a useful measure for period-to-period comparison of our business by removing the effect of certain charges that, in management's view, does not correlate to the underlying performance of our business during a given period.
  
  

• Adjusted net income per diluted share is defined as non-GAAP adjusted net income divided by GAAP weighted-average diluted shares outstanding. We believe that this financial measure is a useful measure for period-to-period comparison of shareholder return by removing the effect of certain charges that, in management's view, does not correlate to the underlying performance of our business during a given period.

Additionally, we have included these non-GAAP measures because they are key measures used by our management to evaluate our operating performance, guide future operating plans, and make strategic decisions, including those relating to operating expenses and the allocation of resources. Therefore, we believe these measures provide useful information to investors and other users of this press release to understand and evaluate our operating results in the same manner as our management and board of directors. However, non-GAAP financial measures have limitations, should be considered supplemental in nature, and are not meant as a substitute for the related financial information prepared in accordance with U.S. GAAP. These limitations include the following:

• Total revenue less transaction-related costs is not intended to be measures of operating profit or cash flow profitability as they exclude key operating expenses such as personnel, general and administrative, and third-party technology and data, which have been, and will continue to be for the foreseeable future, significant recurring GAAP expenses.
  
  

• Transaction related costs exclude significant expenses such as personnel, general and administrative, and third-party technology and data, which have been, and will continue to be for the foreseeable future, significant recurring GAAP expenses.
  
  

• Non-transaction related operating expenses exclude significant expenses, including transaction expense and provision for credit losses, which have been, and will continue to be for the foreseeable future, significant recurring GAAP expenses.
  
  

• Adjusted EBITDA and adjusted EBITDA margin exclude certain recurring, non-cash charges such as depreciation, amortization, and equity and incentive–based compensation, which have been, and will continue to be for the foreseeable future, recurring GAAP expenses. Further, these non-GAAP financial measures exclude certain significant cash inflows and outflows, which have a significant impact on our working capital and cash.
  
  

• Adjusted EBITDA and adjusted EBITDA margin excludes net interest expense, which has a significant impact on our GAAP net income, working capital, and cash.
  
  

• Adjusted net income, adjusted net income margin, and adjusted net income per diluted share excludes certain charges such as losses on the extinguishment of our lines of credit, fair value adjustments on our warrants, other income and expense, and the release of our deferred tax asset valuation allowance which have been, and may be in the future, recurring GAAP expenses.
  
  

• Long-lived assets being depreciated or amortized may need to be replaced in the future, and these non-GAAP financial measures do not reflect the capital expenditures needed for such replacements, or for any new capital expenditures or commitments.
  
  

• These non-GAAP financial measures do not reflect income taxes that may represent a reduction in cash available to us.
  
  

• Non-GAAP measures do not reflect changes in, or cash requirements for, our working capital needs.
  
  

• Other companies, including companies in our industry, may calculate the non-GAAP financial measures differently or not at all, which reduces their usefulness as comparative measures.

Because of these limitations, you should not consider these non-GAAP financial measures in isolation or as substitutes for analysis of our financial results as reported under GAAP, and these non-GAAP financial measures should be considered alongside other financial performance measures, including net income and other financial results presented in accordance with GAAP. We encourage you to review the related GAAP financial measures and the reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business.

 

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[1] See appendix for a reconciliation of non-GAAP financial measures.

[2] See appendix for a reconciliation of non-GAAP financial measures.

[3] See appendix for a reconciliation of non-GAAP financial measures.

Attachments

• 4Q24 GAAP & Non-GAAP Operating Results
• Appendix - Reconciliation of GAAP to Non-GAAP Measures

FAQ

What were Sezzle's (SEZL) Q4 2024 revenue and growth figures?

Sezzle's Q4 2024 total revenue doubled YoY to $98.2M, with GMV reaching $855.4M (up 42.1% YoY).

How much net income did SEZL generate in fiscal year 2024?

Sezzle's net income increased more than tenfold to $78.5M in FY2024, resulting in $13.13 earnings per diluted share.

What is Sezzle's (SEZL) revenue guidance for 2025?

Sezzle expects 25-30% total revenue growth in 2025, with projected net income of $80.4M and $13.25 earnings per diluted share.

How many Monthly On-Demand & Subscribers (MODS) did SEZL have by end of 2024?

Sezzle had 707,000 Monthly On-Demand & Subscribers (MODS) as of December 31, 2024.

What new partnerships did Sezzle (SEZL) announce in Q4 2024?

Sezzle expanded its merchant network by launching partnerships with Backcountry, Bealls, and Rural King.