Core Insights - Sezzle Inc. reported significant growth in key financial metrics for Q2 2025, with Gross Merchandise Volume (GMV) reaching $927.0 million, a 74.2% increase year-over-year [2] - The company emphasized a strategic approach to growth, focusing on intentional scaling and effective marketing initiatives that have led to increased consumer engagement [2] Financial Performance - GMV increased by 74.2% YoY to $927.0 million, with consumers averaging 6.1 purchases per quarter compared to 4.8 in the previous year [2] - Total Revenue rose 76.4% YoY to $98.7 million, with Total Revenue as a percentage of GMV at 10.6% [2] - Monthly On-Demand & Subscribers (MODS) reached 748,000, up from 658,000 in the previous quarter [2] - Total Operating Expenses increased by 59.5% YoY to $62.6 million, but as a percentage of Total Revenue, they decreased by 6.8 points to 63.4% [2] - Operating Income grew 116.1% YoY to $36.1 million, with Operating Margin expanding to 36.6% of Total Revenue [2] - Net Income for Q2 2025 was $27.6 million, representing 28.0% of Total Revenue, with Earnings per Diluted Share falling 4.9% to $0.78 [2] Cost Management - Transaction Related Costs as a percentage of GMV declined from 4.5% to 4.1% YoY, attributed to improved payment processing efficiency and increased consumer adoption of ACH payments [2] - Non-Transaction Related Operating Expenses increased 50.4% YoY to $27.7 million, but as a percentage of Total Revenue, they decreased by 4.8 points to 28.1% [2] Adjusted Metrics - Adjusted Net Income rose 91.8% YoY to $24.4 million, or 24.7% of Total Revenue, with Adjusted Net Income per Diluted Share increasing 97.1% YoY to $0.69 [2] - Adjusted EBITDA increased 106.0% YoY to $37.9 million, accounting for 38.4% of Total Revenue [2] Shareholder Returns - The company repurchased 678,529 shares for $23.5 million under its $50 million stock repurchase plan [2] Balance Sheet and Guidance - As of June 30, 2025, Sezzle had $120.0 million in cash and cash equivalents, with $31.0 million restricted [8] - The company provided FY2025 guidance, expecting Total Revenue Growth of 60-65% and Adjusted Net Income of $120.0 million [8]