Sezzle Results Presentation Deck
CLOSED THE GAP
$32.9
$58.9
($25.9)
4 Q21
$32.9
$57.4
GAAP NET INCOME (LOSS)
$55.6
$27.6
($24.5)
4Q21
($28.0)
1Q22
$27.6
$29.3
$47.0
$44.3
($15.1)
2Q22
Total Income ($US in millions)
Operating Expenses and Other Income and Expense ($US in millions)
Net Income (Loss) ($US in millions)
NON-GAAP ADJUSTED EBTDA
$4.3
($11.1)
$30.4
$29.3 $40.3 $30.4
2Q22
$26.1
3Q22
$33.9
($3.4)
$0.6
$38.3 $37.6
4Q22
3Q22
$38.3
($19.4)
1Q22
Total Income ($US in millions)
Adjusted Operating Expenses and Other Income and Expense ($US in millions)²
Adjusted EBTDA ($US in millions)
$3.9
$34.4
4Q22
COMMENTARY
GAAP Net Income remained positive in 4Q22,
reaching US$0.6 million as a result of the full
impact of FY22 revenue and cost initiatives,
coupled with tighter underwriting.
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Non-GAAP Adjusted EBTDA turned positive to
US$3.9 million as FY22 initiatives led to a strong
improvement in unit economics and a more
efficient cost structure.
Non-GAAP Adjusted EBITDA¹ for the quarter was
US$7.0 million, representing a 130.6% increase
compared to the year prior.
The Company plans to increase profitability in
FY23 through sustainable topline growth and
new initiatives estimated to add over US$10
million to Total Income in the next 18 months.
1 Adjusted EBTDA and Adjusted EBITDA are non-GAAP financial measures. For a reconciliation of GAAP Net Income (Loss), Adjusted EBITDA, and Adjusted EBTDA see Appendix II for reconciliation.
2 Adjusted Operating Expenses and Other Income and Expense is a non-GAAP financial measurement equal to the sum of GAAP Operating Expenses and Net Interest Expense less depreciation, amortization,
and M&A related expenses. See Appendix I for reconciliation.
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