NASDAQ$SEZL

Sezzle Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Sezzle's Q2 2023 earnings reflected substantial growth and strategic advancements.

Sezzle reported a strong Q2 2023 with significant revenue growth, driven by increases in merchant sales and active consumers. The company also demonstrated improved financial performance through expense management and strategic initiatives.

  • Total income increased 35.4% to $42.4 million compared to Q2 2022.
  • Merchant sales increased 33.1% to $476.1 million compared to Q2 2022.
  • Active consumers increased 19.5% to 3.4 million compared to Q2 2022.
  • The net loss improved by 49.8% to $12.8 million, compared to Q2 2022.

Headline financials

Total Revenue

$34.9M

Previous: $29.3M+19.4%
EPS (adj)

-$11.26

Previous: -$2.66-323.3%
Capital Expenditures

-$76.4K

Previous: -$20.9K-265.0%
Free Cash Flow

$1.06M

Previous: -$15.1M+107.0%
Net Income

$1.14M

Previous: -$15.1M+107.6%
Operating Income

$3.76M

Previous: -$13.6M+127.8%
Gross Profit

$29.5M

Previous: $16.3M+81.2%
Cash & Equivalents

$62.1M

Previous: $62.1M+0.0%
Total Assets

$155M

Previous: $160M-3.0%
Stock-Based Comp

$2.44M

Previous: $2.87M-15.2%

Revenue & EPS history

Sezzle · Revenue · Quarterly

$34.9M

Q2 2023+19.4%vs Q2 2022
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

Sezzle anticipates continued growth and improved financial performance, driven by strategic initiatives and favorable market conditions.

Tailwinds

  • Focus on sustainable growth and profitability.
  • Expansion of strategic partnerships.
  • Continued innovation in product offerings.
  • Favorable macroeconomic conditions.
  • Strong demand for buy now, pay later services.

Headwinds

  • Increased competition in the BNPL sector.
  • Potential regulatory changes.
  • Uncertainty in the global economy.
  • Risk of consumer default.
  • Challenges in managing credit risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 10 quarterly earnings reports

Historical avg

+3.5%

Avg return

Earnings day

+15.0%

Avg return

5 days after

+24.3%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+42.0%

Q1 2025

Best reaction

-14.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.0%+18.7%+36.1%
Q4 2025+35.2%+17.3%-1.7%
Q3 2025+2.2%-1.2%+17.9%
Q1 2025+42.0%+71.6%+150.4%
Q4 2024+5.1%+14.0%-23.8%
Q3 2024+0.8%+11.5%-19.1%
Q2 2024-1.9%+2.8%+18.9%
Q1 2024-2.6%+5.1%+15.1%
Q4 2023-14.1%+4.1%+18.8%
Q3 2023+8.6%+6.7%+30.0%
Q2 2023+0.0%
Q1 2023+1.9%
Q4 2022+0.0%
Q3 2022+0.0%
Q2 2022+0.0%
Q1 2021+0.0%
Q1 2022+0.0%
Q4 2021-4.9%
Q3 2020+3.3%
Q3 2021+3.3%
Q4 2020+0.0%
Q2 2021+0.0%
Q2 2020+0.0%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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