Sezzle Results Presentation Deck
CAPITALIZATION
Select Balance Sheet Data
US$000's
Cash and cash equivalents
Restricted cash
Total cash
Drawn on line of credit
Availability on line of credit
Unaudited¹
30-Sep-2022
$57,875
$890
$58,765
$54,008
$5,254
Unaudited
31-Dec-2022
$68,280
$1,243
$69,523
$65,000
$478
COMMENTARY
As of 31 December 2022, Sezzle had total cash on
hand of US$69.5 million, consisting of US$68.3
million of bank balances and US$1.2 million of
restricted cash.
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The increase in total cash on hand of US$10.8
million during the fourth quarter was primarily
driven by additional borrowings under the line
of credit.
At the end of the quarter, the company had
US$93.4 million in Notes Receivables (net) and
US$83.0 million in Merchant Accounts Payable, of
which US$66.5 million was attributable to the
Merchant Interest Program.
Management does not foresee any near-term
capital raises due to the Company's strong
liquidity position and positive operational
performance (e.g., Net Income and Adjusted
EBTDA).
1 Results are unaudited. The Company anticipates filing its annual Form 10-K with the SEC and ASX in the latter half of the week of 27 February 2023.
SEZZLE INC 4Q22 Presentation 18View entire presentation