Thanks, I appreciate the detailed reply.
Looking at BNPL peers, I think Sezzle's AOV (average order value) may be just north of $100 USD. I wasn't aware the convenience fee was $1 (good find!). So we are looking at a maximum of $3 additional revenue per order - which is massive! This won't apply in all US states and won't apply to ACH repayments. But as a very rough estimate, I'd like to think these fees add at least an extra $1m USD per month to Sezzle's revenue, above the November 2022 result.
As you are aware, Sezzle will soon rollout their Pay Anywhere feature. Any view on the sort of UMS uplift that may result when this is ultimately rolled out?
If Sezzle can deliver profitability and growth in 2023, amidst a US recession, they will turn heads and begin to be viewed as a sustainable business.
- Forums
- ASX - By Stock
- SZL
- Ann: November Business Update
Ann: November Business Update, page-101
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online