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How to hold/convert SZL share post 12th Jan 2024?, page-130

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success47

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20/02/24

17:44

Post #: 72503578
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Originally posted by Lengen: ↑

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.

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Fully agreed to what you have said, sezl 23 finuncial year could achieve $5 M net profit with $160M revenue.
Compared this to Upstart with a MC of $2.2 b, sezl MC has a long way to go.
It would be very interesting to see market reaction to sezl results.

SZL Price at posting: $24.35 Sentiment: None Disclosure: Held
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0 Great analysis

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