Sezzle Results Presentation Deck
CAPITALIZATION
US$ in thousands
Cash and cash equivalents
Restricted cash
Total cash
Drawn on line of credit
Availability on line of credit
use
CD
Results are unaudited.
Audited Unaudited
31-Dec-2022 31-Mar-2023
$68,280
$59,039
$1,243
$1,542
$69,523
$60,581
$65,000
$478
$59,800
$491
COMMENTARY
As of 31 March 2023, Sezzle had total cash on hand of
US$60.6 million, consisting of US$59.0 million of bank
balances and US$1.5 million of restricted cash.
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The reduction in total cash on hand during the quarter
was driven by the paydown on the Company's line of
credit and decrease in the Merchant Accounts Payable.
At the end of the quarter, the Company had US$84.8
million in Notes Receivables (net) and US$65.3 million in
Merchant Accounts Payable, of which US$51.3 million was
attributable to the Merchant Interest Program.
SEZZLE INC 1Q23 Presentation 15View entire presentation