I think they only started reporting monthly to give shareholders a clear view of their turnaround from 2022 to 2023. I found it super useful, honestly would have been tough holding shares if I had to wait 3 months for the next update. It all stabilized in 2023 so I guess they reverted back to standard periodic reporting.
You might be right though re SEZL annual results. Other imo comparable Nasdaq fintech companies have set the bar already by releasing their quarterly results:
Affirm: Revenue of $591m, loss of $172m, market cap $11.7b Upstart: Revenue of $140m, loss of $48m, market cap $2.2b
Sezzle's September quarter showed revenue of $41m, profit of $1m, and Sezzle has a market cap now of just $0.3b. I'm hoping the December qtr reflects previous quarters with small profit, some revenue growth and I reckon that might be all that is needed for an uplift in the valuation next week. There's appetite on the nasdaq for fintech for sure, even ones reporting massive losses so I'm dead keen to see how nasdaq investors react to Sezzle results.
SZL Price at posting:
$24.35 Sentiment: Buy Disclosure: Held
