Sezzle Results Presentation Deck
PROVISION FOR
UNCOLLECTIBLE ACCOUNTS
3.5%
$19.7
4Q21
PROVISION FOR
UNCOLLECTIBLE ACCOUNTS
2.3%
$10.5
1Q22
1.9%
$7.9
2Q22
1.3%
$5.7
3Q22
Provision for Uncollectible Accounts ($US in milllions)
1.2%
$5.4
4Q22
•% of UMS
COMMENTARY
●
●
Sezzle's proprietary underwriting (e.g., Prophet
machine learning model) and overall diligent
approach over the holiday period resulted in the
Provision for Uncollectible Accounts reaching a
record low of 1.2%.
▪ Performance of the Company's Provision for
Uncollectible Accounts proved to be a key
determinant in reaching profitability in 4Q22.
The Company anticipates the Provision for
Uncollectible Accounts will increase slightly in
FY23 compared to FY22 (1.7%) to support topline
growth.
SEZZLE INC 4Q22 Presentation 14View entire presentation