Sezzle look like in a lot of trouble.
Bad debts 81 percent of transaction revenue.
Their line of credit has been paid down and limits growth.
They have a financial commitment to spend $36 million on marketing ( which is probably Target ) and have very little cash left and probably no hope of Nasdaq listing given the above figures.
I cannot see them being able to raise any further capital.
Shareholder Returns, page-13
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Last
$2.12 |
Change
-0.120(5.36%) |
Mkt cap ! $2.809B | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.27 | $2.11 | $13.82M | 6.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 55511 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 86563 | 22 |
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| Last trade - 12.40pm 20/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |