Sezzle look like in a lot of trouble.
Bad debts 81 percent of transaction revenue.
Their line of credit has been paid down and limits growth.
They have a financial commitment to spend $36 million on marketing ( which is probably Target ) and have very little cash left and probably no hope of Nasdaq listing given the above figures.
I cannot see them being able to raise any further capital.
Shareholder Returns, page-13
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Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93847 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 556968 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |