Sezzle Inc. operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution at online stores and various brick-and-mortar retail locations that connects consumers with merchants. Its platform enables customers to make online purchases and split the payment for the purchase in four equal interest free payments over six weeks. Sezzle Inc. was incorporated in 2016 and is headquartered in Minneapolis, Minnesota.
Company profile
Ticker
SEZL
Exchange
Website
CEO
Mr. Charles G. Youakim
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Rackspace Technology • NCR Atleos • IHS Markit • IAC • Twitter • Cyxtera • Chindata • Valvoline • MetroCity Bankshares • Pinterest ...
Former names
Yandex N.V.
SEC CIK
Corporate docs
Subsidiaries
Sezzle Canada Corp. • Sezzle Funding SPE, LLC • Sezzle Funding SPE II, LLC • Sezzle Funding SPE II Parent, LLC • Sezzle Holdings • Sezzle Holdings III B.V. • Sezzle Payments Private Limited • Sezzle FinTech Private Limited • Sezzle Germany GmbH • Sezzle Brasil Ltda. ...
IRS number
810971660
SEZL stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
18 Oct 24
8-K
Sezzle to Announce Third Quarter 2024 Results
17 Oct 24
DEFA14A
Additional proxy soliciting materials
7 Oct 24
8-K
Entry into a Material Definitive Agreement
2 Oct 24
PRE 14A
Preliminary proxy
23 Sep 24
8-K
Entry into a Material Definitive Agreement
28 Aug 24
8-K
Regulation FD Disclosure
13 Aug 24
10-Q
2024 Q2
Quarterly report
7 Aug 24
8-K
Sezzle Reports Second Quarter 2024 Results
7 Aug 24
EFFECT
Notice of effectiveness
29 Jul 24
Latest ownership filings
4
Amin Sabzivand
18 Oct 24
4
Justin Krause
16 Oct 24
4
Amin Sabzivand
15 Oct 24
144
Notice of proposed sale of securities
15 Oct 24
144
Notice of proposed sale of securities
15 Oct 24
144
Notice of proposed sale of securities
9 Oct 24
3/A
Kyle M. Brehm
7 Oct 24
4
Paul Martin Purcell
4 Oct 24
4
Paul Martin Purcell
4 Oct 24
4
Justin Krause
2 Oct 24
Financial summary
| Quarter (USD) | Jun 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 63.99 mm | 63.99 mm | 63.99 mm | 63.99 mm | 63.99 mm | 63.99 mm |
| Cash burn (monthly) | 2.24 mm | (no burn) | (no burn) | (no burn) | (no burn) | 1.78 mm |
| Cash used (since last report) | 9.58 mm | n/a | n/a | n/a | n/a | 7.63 mm |
| Cash remaining | 54.41 mm | n/a | n/a | n/a | n/a | 56.36 mm |
| Runway (months of cash) | 24.3 | n/a | n/a | n/a | n/a | 31.7 |
Institutional ownership, Q2 2024
1.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 7 |
| Opened positions | 5 |
| Closed positions | 20 |
| Increased positions | 1 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 7.48 bn |
| Total shares | 85.95 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Geode Capital Management | 70.23 k | $6.20 bn |
| BK The Bank of New York Mellon Corporation | 6.93 k | $610.92 mm |
| Nuveen Asset Management | 4.30 k | $378.99 mm |
| Rhumbline Advisers | 2.30 k | $202.99 mm |
| New York State Common Retirement Fund | 1.20 k | $106.00 k |
| CoreCap Advisors | 738.00 | $65.11 mm |
| USB U.S. Bancorp | 263.00 | $23.20 mm |
| Proequities | 0.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Oct 24 | Amin Sabzivand | Common Stock, par value $0.00001 per share | Sell | Dispose S | No | No | 206 | 750 | 154.50 k | 46,860 |
| 17 Oct 24 | Amin Sabzivand | Common Stock, par value $0.00001 per share | Sell | Dispose S | No | No | 205.14 | 750 | 153.86 k | 47,610 |
| 15 Oct 24 | Justin Krause | Common Stock, par value $0.00001 per share | Sell | Dispose S | No | No | 198 | 1,500 | 297.00 k | 16,408 |
| 15 Oct 24 | Justin Krause | Common Stock, par value $0.00001 per share | Option exercise | Acquire M | No | No | 59.04 | 1,500 | 88.56 k | 17,908 |
| 15 Oct 24 | Justin Krause | Stock Options Common Stock, par value $0.00001 per share | Option exercise | Dispose M | No | No | 59.04 | 1,500 | 88.56 k | 435 |
| 14 Oct 24 | Amin Sabzivand | Common Stock, par value $0.00001 per share | Sell | Dispose S | No | No | 187 | 1,500 | 280.50 k | 48,360 |
| 2 Oct 24 | Justin Krause | Common Stock, par value $0.00001 per share | Payment of exercise | Dispose F | No | No | 162.37 | 125 | 20.30 k | 16,408 |
| 2 Oct 24 | Paul Martin Purcell | Common Stock | Sell | Dispose S | Yes | No | 164.857 | 7,824 | 1.29 mm | 82,776 |
News
Crude Oil Up 2%; Siyata Mobile Shares Jump
21 Oct 24
Dow Dips Over 300 Points; Viad Shares Spike Higher
21 Oct 24
Affirm's Path to Profitability Elevates with Interest Rate Cuts
8 Oct 24
Northland Capital Markets Reiterates Outperform on Sezzle, Raises Price Target to $185
23 Sep 24
Northland Capital Markets Reiterates Outperform on Sezzle, Raises Price Target to $150
29 Aug 24