Sezzle Results Presentation Deck
NET INCOME AND ADJUSTED EBITDA
$27.6
$55.6
($28.0)
1Q22
$27.6
$45.4
($17.8)
1Q22
$29.3
GAAP Net income (Loss)
$44.3
($15.1)
$29.3
$38.7
$4.3
($9.4)
$30.4
2Q22
$26.1
2Q22
Total Income ($US in millions)
Operating Expenses and Other Income and Expense ($US in millions)
Net Income (Loss) ($US in millions)
3Q22
Non-GAAP Adjusted EBITDA
($1.3)
$0.6
$30.4 $31.7
$38.3 $37.6
3Q22
4Q22
$7.0
$38.3
$31.2
4Q22
$1.7
$34.7
1Q23
$32.9
$8.3
$34.7
Total Income ($US in millions)
Adjusted Operating Expenses and Other Income and Expense ($US in millions) ²
Adjusted EBITDA ($US in millions)
$26.4
1Q23
COMMENTARY
For the third consecutive quarter, Sezzle delivered positive
GAAP Net Income, reaching US$1.7 million on account of
key FY22 initiatives including the Company's enhanced
underwriting capabilities and growth of Sezzle's
subscription product, Sezzle Premium.
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Non-GAAP Adjusted EBITDA' was positive for the second
consecutive quarter. Non-GAAP Adjusted EBITDA grew to
US$8.3 million, representing an increase of US$26.0
million YoY and 17.4% QoQ.
Adjusted EBITDA are non-GAAP financial measures. For a reconciliation of GAAP Net Income (Loss) and Adjusted EBITDA 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 II for reconciliation.
SEZZLE INC 1Q23 Presentation 14View entire presentation