NASDAQ$SEZL

Sezzle Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Sezzle's Q3 2023 results reflected continued growth and strategic advancements.

Sezzle reported a strong Q3 2023, highlighted by revenue growth, improved financial metrics, and continued progress in strategic initiatives. The company's performance reflects its focus on sustainable growth and operational efficiency.

  • Sezzle achieved record revenue, demonstrating strong market demand and effective execution.
  • The company made significant strides in enhancing its platform and user experience.
  • Sezzle continued to strengthen its partnerships and expand its merchant network.
  • The company maintained a strong balance sheet and demonstrated financial discipline.

Headline financials

Total Revenue

$40.8M

Previous: $30.4M+34.3%
EPS (adj)

$0.23

Previous: $0.76-69.7%
Capital Expenditures

-$53.5K

Previous: -$12.4K-331.6%
Free Cash Flow

$1.24M

Previous: $4.33M-71.4%
Net Income

$1.29M

Previous: $4.34M-70.2%
Operating Income

$5.35M

Previous: $6.5M-17.7%
Gross Profit

$32.1M

Previous: $17.9M+79.4%
Cash & Equivalents

$65.2M

Previous: $57.9M+12.6%
Total Assets

$180M

Previous: $159M+13.2%
Stock-Based Comp

$1.09M

Previous: $2.61M-58.5%

Revenue & EPS history

Sezzle · Revenue · Quarterly

$40.8M

Q3 2023+34.3%vs Q3 2022
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

Sezzle anticipates continued growth and profitability improvements, focusing on strategic partnerships and operational efficiencies.

Tailwinds

  • Expanding merchant network to drive transaction volume.
  • Enhancing platform features to attract and retain users.
  • Optimizing operational efficiency to improve profitability.
  • Leveraging strategic partnerships for market expansion.
  • Maintaining a strong balance sheet for financial flexibility.

Headwinds

  • Potential impact of economic conditions on consumer spending.
  • Increased competition in the BNPL market.
  • Regulatory changes affecting the BNPL industry.
  • Fluctuations in interest rates impacting financing costs.
  • Integration risks associated with acquisitions or partnerships.

Historical earnings impact

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

Avg. return before/after earnings

Based on 10 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

+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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