Sezzle Results Presentation Deck
NON-TRANSACTION RELATED
OPERATING EXPENSES
$31.5
Liobsn
114.0%
1Q22
Non-transaction Related Operating Expenses
$24.8
84.8%
2Q22
$19.9
65.5%
3Q22
$18.6
48.6%
4Q22
Non-Transaction Related Operating Costs ($US in millions)
Non-Transaction Related Operating Expenses-to-Total Income
$19.3
55.7%
1Q23
COMMENTARY
• 1Q23 Non-Transaction Related Expenses decreased by
38.7% YoY to US$19.3 million.
●
●
YoY improvements in costs were experienced across the
board from third-party tech and data, marketing, and
personnel.
▪ Further, the prior year's quarter included US$4.4
million of professional fees associated with the
proposed and eventually terminated merger with Zip
Co.
As the Company pursues growth opportunities and
implements its next round of initiatives in 2023, non-
transaction related operating expenses are expected to
increase modestly.
¹Non-Transaction Related Operating Expenses is a non-GAAP financial measure equal to Total Operating Expenses less Reimbursement of Merger-Related Costs, Transaction Expense and Provision for Credit Losses. SEZZLE INC 1Q23 Presentation 13
See Appendix I for reconciliation of Non-Transaction Related Operating Expenses and respective definitions.View entire presentation