Australia's largest stock trading and investment forum Australia's #1 stock forum

SZL

Click for more information

0.00%

$24.35 sezzle inc.

Ann: October Business Update, page-15

First 15 Last

Share
Profile

Follow
BrutalDeluxe

101 Posts.

42

28/01/23

20:32

Post #: 65927254
Share

Originally posted by Prestonian: ↑

Great post.

I agree with all except I don't think that Sezzle Premium revenue will drop off so much. The gaap accounting policy Sezzle adopted means that subscription revenue is recognised over the life of the sub vs recognised entirely when it is received.... so users paying an annual sub in December for example would only have one twelfth of that that revenue recorded in the December results, unwinding in months that follow, in line with the subscription service. You can see a deferred revenue balance in the detailed September Form 10Q and I suspect this balance will be larger at 31 Dec,

Expand

Thanks Prestonian, I value your insights.

I checked out the 10-Q and you are absolutely right regarding the pattern of subscription revenue being earned. That really solidifies the profitability of the upcoming months and gives me more peace of mind holding Sezzle.

SZL Price at posting: 68.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

OJC

SPC to merge with Original Juice Co and Nature One Dairy

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 11 more messages in this thread...

First 15 Last

Add SZL (ASX) to my watchlist