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

SZL

Click for more information

0.00%

$24.35 sezzle inc.

and little SZL plodding along rocking a $38ml MC :)

First 52 Last

Share
Profile

Follow
andyh2o

384 Posts.

23

06/11/23

15:35

Post #: 70751035
Share

Originally posted by Prestonian: ↑

RE the actual value - who knows. Management watched Sezzle soar to around aud$2b once ( speculation and hype ), but now that Sezzle is profitable and potentially growing, you can actually start to apply more traditional valuation methods, or use peer comparisons.

There aren't a whole lot of "successful" standalone bnpl around the world - by successful I guess I mean the ones who have managed to survive the last 2 years and are turning a corner - but two worth looking at are Tabby and Zilch. Both have recently raised capital and so have recent valuations at usd$1.5b and usd$2b. Theyre both looking to IPO in different exchanges (UK and Saudi), but both are reasonably comparable to Sezzle imo, at least in service offering and size.

It's hard to dig out figures but if you snoop around on Google you can find some info. Check Tabby, they claim to have 5m active users - almost twice as many as Sezzle and 30k brands (aka merchants?) vs Sezzle 35k merchants. Zilch claim to have 3m customers (although not sure if active or not). I believe neither are profitable

Expand

and little SZL plodding along rocking a $38ml MC

Last edited by andyh2o: 06/11/23

SZL Price at posting: $16.51 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

RNX

Renegade uncovers large IOCG breccia system at QLD's Mongoose Deeps

MYX

Mayne Pharma to pay A$33M in class action settlement on alleged US conduct

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

IBG

Ironbark acquires two Mt Isa projects, notes 2,977 ppm copper at surface

There are more pages in this discussion • 14 more messages in this thread...

First 52 Last

Add SZL (ASX) to my watchlist

SPONSORED BY