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Sezzle (SEZL) - 2024 Q4 - Annual Results
SEZLSezzle (SEZL)2025-02-25 21:02

Revenue and Income Projections - Sezzle anticipates exceeding 2024 revenue and income guidance, with total revenue expected to grow by 55% from 159.4Min2023[2]−Netincomefor2024isprojectedtoexceed159.4M in 2023[2] - Net income for 2024 is projected to exceed 71.5M, up from 7.1Min2023[2]−Adjustednetincomefor2024isexpectedtoexceed7.1M in 2023[2] - Adjusted net income for 2024 is expected to exceed 58.0M, compared to 5.6Min2023[2]−Netincomeperdilutedshareisexpectedtoexceed5.6M in 2023[2] - Net income per diluted share is expected to exceed 12.05, compared to 1.25in2023[2]−Adjustednetincomeperdilutedshareisprojectedtoexceed1.25 in 2023[2] - Adjusted net income per diluted share is projected to exceed 9.80, up from 0.99in2023[2]FinancialPerformanceMetrics−Totalrevenuelesstransaction−relatedcostsasapercentageoftotalrevenueisprojectedtomeetthe55.00.99 in 2023[2] Financial Performance Metrics - Total revenue less transaction-related costs as a percentage of total revenue is projected to meet the 55.0% target, up from 50.8% in 2023[2] - Operating income for the twelve months ended December 31, 2023, was 22.2M, with total revenue less transaction-related costs at 80.994M[4]−AdjustednetincomeforthetwelvemonthsendedDecember31,2023,was80.994M[4] - Adjusted net income for the twelve months ended December 31, 2023, was 5.621M, with adjusted net income per diluted share at $0.99[4] Business Model and Consumer Impact - Sezzle's payment platform aims to financially empower the next generation by offering interest-free installment plans, increasing purchasing power for millions of consumers[5] Risks and Challenges - The company's forward-looking statements highlight potential risks, including regulatory scrutiny in the BNPL industry, competitive pressures, and macroeconomic impacts on consumer spending[9]