Sezzle Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total revenue $58.8m $114.8m $125.6m $159.4m $271.1m $450.3m
Total operating expenses $86.7m $183.5m $154.0m $137.2m $188.9m $273.5m
Operating Income ($27.9m) ($68.7m) ($28.4m) $22.2m $82.2m $176.8m
Personnel $30.7m $56.8m $51.2m $46.4m $51.8m $54.8m
Third-party technology and data $2.5m $5.5m $8.2m $7.8m $9.6m $14.4m
Marketing, advertising, and tradeshows $4.3m $9.3m $19.0m $12.0m $9.7m $32.2m
General and administrative $7.2m $15.8m $16.4m $8.6m $11.4m $16.8m
Provision for credit losses $19.6m $52.6m $29.4m $23.2m $55.0m $89.3m
Other income, net ($126k) ($65k) ($226k) $1.9m $354k $123k
Fair value adjustment on warrants $0 $50k ($456k) ($1.3m) $0
Loss on extinguishment of line of credit $0 ($1.1m) ($814k) $0 ($260k) $0
Foreign currency translation adjustment $495k $69k ($1.2m) ($3k) ($941k) $905k
Total Comprehensive Income ($31.9m) ($75.1m) ($39.3m) $7.1m $77.6m $134.0m
Income before taxes ($32.4m) ($75.1m) ($38.0m) $7.7m $67.3m $162.9m
Net Income ($32.4m) ($75.2m) ($38.1m) $7.1m $78.5m $133.1m
Basic (in usd per share) ($0.17) ($0.38) ($0.18) $1.27 $13.98 $3.93
Diluted (in usd per share) ($0.17) ($0.38) ($0.18) $1.25 $13.13 $3.72
Transaction expense $22.5m $43.5m $40.8m $39.2m $51.4m $66.0m
Net interest expense ($4.3m) ($5.3m) ($8.6m) ($16.0m) ($13.8m) ($14.0m)
Income tax expense (benefit) $31k $58k $69k $611k ($11.2m) $29.8m