Sezzle Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
SEZL$149.28-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
| For the years ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Total revenue | $271,127,890 | $159,356,772 |
| Operating Expenses | ||
| Personnel | 51,764,964 | 46,373,915 |
| Transaction expense | 51,364,347 | 39,207,768 |
| Third-party technology and data | 9,595,106 | 7,815,915 |
| Marketing, advertising, and tradeshows | 9,739,763 | 11,984,019 |
| General and administrative | 11,403,468 | 8,587,781 |
| Provision for credit losses | 55,014,676 | 23,186,973 |
| Total operating expenses | 188,882,324 | 137,156,371 |
| Operating Income | 82,245,566 | 22,200,401 |
| Other Income (Expense) | ||
| Net interest expense | (13,761,645) | (15,968,380) |
| Other income, net | 354,487 | 1,933,450 |
| Fair value adjustment on warrants | (1,261,556) | (455,962) |
| Loss on extinguishment of line of credit | (259,706) | — |
| Income before taxes | 67,317,146 | 7,709,509 |
| Income tax (benefit) expense | (11,205,165) | 611,487 |
| Net Income | 78,522,311 | 7,098,022 |
| Other Comprehensive Loss | ||
| Foreign currency translation adjustment | (940,794) | (3,025) |
| Total Comprehensive Income | $77,581,517 | $7,094,997 |
| Net income per share*: | ||
| Basic | $13.98 | $1.27 |
| Diluted | $13.13 | $1.25 |
| Weighted-average shares outstanding*: | ||
| Basic | 5,618,497 | 5,606,087 |
| Diluted | 5,981,795 | 5,678,527 |
*Effective May 11, 2023, we performed a 1-for-38 reverse stock split. Share and per-share amounts have been retroactively restated.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.