SZL 0.00% $24.35 sezzle inc.

Ann: Sezzle Board Authorises US$5M Stock Repurchase Program, page-10

  1. 3,670 Posts.
    lightbulb Created with Sketch. 553
    I'd say the best time to promote the company will be after the next results are released as they'll be detailed, for 12 months, and should show a good turnaround from last year's results. Hopefully the December quarter was decent. Other quarters averaged about $1.3m profit I think.

    Lots of good sentiment out there at the mo and the closest peer Affirm is enjoying a massive valuation and making big headlines in the US.

    https://www.cnbc.com/2023/12/28/affirms-stock-quintupled-this-year-beating-all-tech-peers.html

    https://hotcopper.com.au/data/attachments/5849/5849712-ee2155caac75b91eefb297558c9577b0.jpg

    According to Yahoo Finance, Affirms EV / Revenue ratio is now 11! Just imagine!

    Sezzles $5m buyback is good and might put a platform under the price at some level. Also a buy-back program might put off any significant shorting attempts. It's so thinly traded and the free-float is so low that I wouldn't underestimate the impact the program could have.
 
watchlist Created with Sketch. Add SZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.