FY23 profit should be pretty much guaranteed. For the 3 quarters to date, profits are $4.1m and revenue is $110.4m. The prior financial year saw revenues from Q3 to Q4 increase by 26% from $30.4m to $38.3m. This last 3rd quarter revenues were $40.8m - I reckon we might get close to $50m in Q4 which will be a huge milestone in itself.
So we should achieve close to $160m revenues for the year! Would be great to add another $900k profit this quarter to tip over $5m annual profit. I reckon we'll get there!
Compare this to Upstart, as you have pointed out: Revenue of $140m, loss of $48m, market cap $2.2b
Sezzle should theoretically 10x after these earnings, once the market gets familiar.
Don't forget the other catalysts: share buy back, announcing the bank partnership and interest rates coming down.
