Sezzle Inc.
For the period ended Mar 31, 2025. Filed May 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 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
Consolidated Statements of Operations and Comprehensive Income (unaudited)
| For the three months ended March 31, | ||
|---|---|---|
| (in thousands, except per share amounts) | 2025 | 2024 |
| Total revenue | $104,912 | $46,979 |
| Operating Expenses | ||
| Personnel | 15,048 | 11,025 |
| Transaction expense | 15,317 | 11,787 |
| Third-party technology and data | 3,374 | 2,157 |
| Marketing, advertising, and tradeshows | 5,346 | 655 |
| General and administrative | 3,131 | 2,380 |
| Provision for credit losses | 12,801 | 5,140 |
| Total operating expenses | 55,017 | 33,144 |
| Operating Income | 49,895 | 13,835 |
| Other Income (Expense) | ||
| Net interest expense | (2,914) | (4,081) |
| Other income (expense), net | 25 | (92) |
| Fair value adjustment on warrants | — | (1,262) |
| Income before taxes | 47,006 | 8,400 |
| Income tax expense | 10,842 | 393 |
| Net Income | 36,164 | 8,007 |
| Other Comprehensive Income | ||
| Foreign currency translation adjustment | 93 | 1 |
| Total Comprehensive Income | $36,257 | $8,008 |
| Net income per share*: | ||
| Basic | $1.07 | $0.24 |
| Diluted | 1.00 | 0.22 |
| Weighted-average shares outstanding*: | ||
| Basic | 33,852 | 33,961 |
| Diluted | 36,171 | 35,765 |
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