Sezzle Results Presentation Deck
NON-TRANSACTION RELATED
OPERATING EXPENSES
$23.6
71.8%
NON-TRANSACTION RELATED
OPERATING EXPENSES
4Q21
$31.5
114.0%
$24.8
84.8%
1Q22
$19.9
65.5%
2Q22
3Q22
4Q22
Non-Transaction Related Operating Expenses ($US in millions)
Non-Transaction Related Operating Expenses-to-Total Income
$18.6
48.6%
COMMENTARY
• 4Q22 Non-Transaction Related Expenses
decreased significantly to US$18.6 million,
representing a decrease of 21.4% YoY and a
41.0% reduction versus the peak in 1Q22.
●
▪ The reduction in the workforce and cuts to
third-party spending were the driving force
behind the improvement.
The FY22 revenue and cost initiatives improved
Non-Transaction Related Expenses to 48.6% of
Total Income for the period - a record low for the
Company.
• Sezzle expects to further leverage its operating
structure in FY23.
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 Uncollectible
Accounts. See Appendix II for reconciliation of Non-Transaction Related Operating Expenses and respective definitions.
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