Professional
Added to YB: 2023-07-11
Pitch date: 2023-07-11
SZL.AX [bullish]
Sezzle Inc.
Author Info
Rogue Funds is a value-oriented hedge fund sharing in-depth analysis. Sign up for the newsletter.
Company Info
Sezzle Inc. operates as a technology-enabled payments company in the United States and Canada. The company offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; Pay-in-five which allows eligible consumers to pay a fifth of the purchase price up front, and then another four installments every two weeks; Pay-in-Two, which allow consumer to pay half of the value of their order up-front and the second half in two weeks; and other alternative installment options.
Market Cap
$3.8B
Pitch Price
N/A
Price Target
40.00
Dividend
N/A
EV/EBITDA
13.37
P/E
27.07
EV/Sales
7.97
Sector
Financial Services
Category
turnaround
Sezzle, Inc: Buy Now Pay Later Turns Profitable
SZL.AX: Sezzle turnaround underway as CEO's $500M+ loss drives profitability focus. Cost cuts, new initiatives like Sezzle Up/Anywhere target younger demo. Fierce BNPL competition but SZL only profitable pure play in NA. Strong balance sheet, near FCF positive, undervalued at 7x EBITDA w/ $40 PT on growth runway vs $13 now. Nasdaq listing catalyst soon as fundamentals improve.
Read full article (8 min)