Sezzle Inc. (ASX:SZL) report underlying merchant sales up 205%

Company News

by Rachael Jones

Installment payment platform, Sezzle Inc. (ASX:SZL) reports record fourth quarter results with underlying merchant sales increasing 205.4 per cent year on year to $419.8 million.

Active consumers for 4Q20 rose 143.9 per cent year on year to 2.2 million.

Sezzle’s consumer profile continued to improve as Active Consumer repeat usage grew to 89.8 per cent – the 24th consecutive month of improvement.

Shares in Sezzle Inc. (ASX:SZL) are trading 5.8 per cent higher at $6.61.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.