It's hard to tell what will happen on Monday... what a roller-coaster recently. Ups and downs are healthy....and hard to predict. You could have sold at $1.49 on Friday and bought back at less than $1 but then again the stock could also have powered straight through $2 - it looked that way.
One things for sure is that SZL is doing things differently from others through innovation, foresight and clever management. Imo crucial factors in a tech stock.
I've spent some time browsing Facebook, Twitter, Reddit, Google Play, Apple store etc for reviews and opinions on Sezzle Premium, which are highly positive. As of today, SZL is still the highest rated bnpl:
Charlie mentioned in the conference call that there had been a big focus back on the user experience and imo that is such a big factor especially as it doesn't take much for a user to close their Sezzle account and shift to Klarna, for example. Or vice versa.
The presentation stated that the top 10% of Sezzle users transact on average 46 times annually. I would assume that these are pretty loyal users who would also take up Sezzle Premium, so that's potentially an additional USD $30m of revenue. The business model of gaining users through a great experience with standard app functionality but only unlocking full features via additional subscription is not a new idea but new to bnpl. Lets see if it works here. Subscribers are now at just 47k and hopefully accelerating. We might get an announcement when they hit 100k, 350k (10%), etc.
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