Sezzle Results Presentation Deck
APPENDIX II: RECONCILIATION OF GAAP TO NON-GAAP MEASURES
ADJUSTED OPERATING EXPENSES AND OTHER INCOME AND EXPENSES
(in $US thousands)
Operating expenses
Depreciation and amortization
Equity and incentive-based compensation
Merger-related expenses
Reimbursement of merger-related costs
Write-off of unamortized debt issuance costs
Adjusted operating expenses and other income and expense
ADJUSTED EBTDA AND ADJUSTED EBITDA
(in $US thousands)
Net income (loss)
Depreciation and amortization
Income tax expense
Equity and incentive-based compensation
Other income and expense, net
Merger-related costs
Reimbursement of merger-related costs
Write-off of unamortized debt issuance costs
Loss on extinguishment of line of credit
Fair value adjustment on warrants
Adjusted EBTDA
Net interest expense
Adjusted EBITDA
$
For the month ended
April 30, 2023
$
For the three months ended
March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022
29,254 $
33,534 $
23,909 $
53,758
42,805 $
(219)
(1,863)
(2,059)
$
26,408
(201)
(2,645)
45
65
807
118
(183)
859
1,280
2,139
March 31, 2023
$
1,725
201
12
2,645
(113)
$
$
$
420
4,889 $
3,377
8,265
(198)
(2,103)
$
31,233 $
814
(50)
3,919
3,124
7,043 $
(207)
(2,619)
(101)
$
11,000
(316)
31,666 $
For the three months ended
December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022
$
$
(27,989)
4,344 $ (15,084) $
207
634
198
21
2,103
200
11
2,619
(48)
101
(11,000)
316
38,664 $
(3,450) $
2,192
(1,258) $
219
17
1.863
(155)
2,059
(224)
(3,731)
(4,405)
(11,082) $
1,670
(9,412) $
45,398
224
21
3,731
228
4,405
(19,379)
1,615
(17,764)
SEZZLE INC 1Q23 Presentation 22View entire presentation