1Lun·

Sezzle Q2 Earnings Highlights

$SEZL (+0,27 %)

✅ Earnings Beat

Adj. EPS: $0.78 (vs. $0.58 est)

YoY: ↑ 116.67% (from $0.36)

✅ Revenue Beat

Sales: $98.70M (vs. $94.93M est)

YoY: ↑ 76.35% (from $55.97M)

-> GMV surged +74.2% YoY to $927.0Mn

-> Monthly On-Demand and Subscribers of 748k, up +286k YoY

-> Quarterly purchase frequency rose to 6.1x, from 4.8x a year ago

-> Repeat users grew +90bps YoY to 96.4%

4 Comentarios

Shell@Shell

1Lun

Why is it down so much in after hours? Higher absolute costs? Not in relation to revenue.. maybe tomorrow it will recover, just like happened to AppLovin today

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AdriInvests@AdriInvests

1Lun

@Shell We had two quarters with more than 100% yoy revenue growth in a row. Multiples have expanded quite drastically. I assume the market was betting on another quarter with outstanding growth of at least 100% yoy, which didn't happen, causing the selloff.

Sezzle is still growing very well, though. I listened to the earnings call and management mentioned they are tracking the "rule of 40" metric, which is at a 165 in Sezzle's case. Which is mind blowing growth.

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Shell@Shell

1Lun

I think valuation isn’t too high. Some Investors might think they are a BNPL business while actually they are a tech business. I like their cooperation with Webbank so they don’t need big capital and don’t carry the risk of the loans. And their sezzle anywhere solution with Visa is very smart. Really creating value for customers, merchants, webbank alltogether

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Shell@Shell

1Lun

Had bought some more pre market and it’s still falling. Did not expect that. I’m in for long term so no problem though

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