Financial Data and Key Metrics Changes - Q3 2024 revenue increased by 71.3% year-over-year, driven by higher consumer purchase frequency and subscriber growth [6][32] - Net income for the quarter was $15.4 million, with an adjusted net income of $17.3 million, marking a new quarterly high and a net income margin of 22.1% and an adjusted net income margin of 24.7% [7][32] - The company achieved a score of 151 on its own rule of 100, with 71% revenue growth, 55% gross margin, and 25% adjusted net income margin [8][44] Business Line Data and Key Metrics Changes - Subscription revenue rose by 167%, contributing significantly to overall revenue growth, with the subscriber count reaching 529,000, an increase of 67,000 from the previous quarter [6][34] - The company reported a 41% increase in UMS (Underlying Merchant Sales) [32] Market Data and Key Metrics Changes - The company is outpacing the buy now pay later industry, which is expected to grow at 20% year-on-year, with Sezzle achieving 71% revenue growth [64] Company Strategy and Development Direction - The launch of a banking program with WebBank is expected to simplify operations and enhance profitability by standardizing regulatory procedures across the U.S. [16][17] - The introduction of the On-Demand product aims to increase consumer activation and lifetime value, serving as a bridge to subscription services [19][25] - The company is focusing on enhancing shopping features in the app while not neglecting financial services [55][56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong performance and market share gains despite a competitive environment [64][66] - The company is optimistic about future growth opportunities, particularly in the buy now pay later sector, and plans to continue focusing on quality growth rather than growth at any cost [68][69] Other Important Information - The company completed a $15 million stock buyback plan during Q3, with over $80 million in unrestricted cash available [45][46] - A universal shelf registration will be filed with the SEC for future capital management, although there are no immediate plans to raise capital [46] Q&A Session Summary Question: Insights on the bank partnership and On-Demand product - Management noted that the partnership with WebBank has simplified operations and improved profitability, with On-Demand showing a 30% increase in activations [50][52] Question: Clarification on 2024 guidance - The adjusted earnings guidance for 2024 excludes discrete tax items, with a focus on providing a more meaningful number for investors [60][61] Question: Future growth outlook - Management believes the buy now pay later sector will grow, and Sezzle aims to gain market share through strong strategies [64][66] Question: Consumer usage frequency and seasonality - Increased utilization from existing customers is attributed to better product offerings, with management noting a seasonal pattern where Q4 sees increased spending followed by a dip in Q1 [70][73]

�sezzle The Responsible Way to Pay Third Quarter 2024 Earnings Presentation N o v e m b e r 7 , 2 0 2 4 Sezzle Inc. | 3Q24 Presentation | 1 Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation (the "Prosentation") contains surmary infromation about he activities of Sezzle as of the date of the date of this Presentation is of a goreral nature an rincomation in the Presentation remairs subject to change without notios. Also, the information in the Presentation should not to relied ...

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.6% on Friday.The Dow traded up 0.83% to 44,092.10 while the NASDAQ rose 0.20% to 19,308.79. The S&P 500 also rose, gaining, 0.60% to 6,009.11.Check This Out: How To Earn $500 A Month From Nvidia Stock After Trump WinLeading and Lagging SectorsConsumer staples shares surged by 1.8% on Friday.In trading on Friday, materials shares fell by 1%.Top HeadlineThe total number of active U.S. oil rigs came in unchanged at 479 rigs ...

Sezzle Inc. (SEZL) came out with quarterly earnings of $2.92 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 228.09%. A quarter ago, it was expected that this company would post earnings of $0.84 per share when it actually produced earnings of $2.17, delivering a surprise of 158.33%.Over the last four quarters, the company ha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-41781 SEZZLE INC. (Exact name of registrant as specified in its charter) Delaware 81-0971660 (State or other jurisdiction of ...

Minneapolis, MN, Nov. 07, 2024 (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 ended September 30, 2024. “This quarter has been transformative for the Company. In addition to outperforming our expectations, we were able to successfully launch a banking program with WebBank,” stated Charlie Youakim, Sezzle Chairman and CEO. “The banking program marks an exciting new c ...

Sezzle Inc. (SEZL) is scheduled to release its third-quarter 2024 results on Nov. 7, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.SEZL surpassed the Zacks Consensus Estimate in the second quarter of 2024 by more than 100%.Sezzle’s Q3 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $52.6 million, suggesting a 28.9% increase from the year-ago quarter’s actual. Top-line growth is likely to have benefited from healthy growth in consumer purchase frequency ...

Minneapolis, MN, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) // - Sezzle, a leader in the flexible payments industry, is proud to announce a new partnership with Shoplazza, an innovative e-commerce platform. This collaboration will enable thousands of Shoplazza merchants doing business in the US to offer flexible payment options through Sezzle, enhancing the shopping experience for their customers and providing significant business growth opportunities for merchants. In ...

Minneapolis, MN, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, will release its third quarter 2024 results after the market close on November 07, 2024. The Company will host a conference call at 5:00pm ET that same day. Participants can register for the conference call by navigating to: https://dpregister.com/sreg/10193861/fdcca5b749 Please note that registered participants will receive their dial-in number upon registrati ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...