Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 89%
Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%
Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 42x
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
  High stock price volatility
Vol 12M is 559%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -65%
  Short seller report
Hindenburg Research report on 12/18/2024.
3 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending.
  Key risks
SEZL key risks include [1] high credit losses from its strategy of lending to subprime borrowers, Show more.
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 89%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -65%
3 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending.
4 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%
5 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 42x
6 High stock price volatility
Vol 12M is 559%
7 Short seller report
Hindenburg Research report on 12/18/2024.
8 Key risks
SEZL key risks include [1] high credit losses from its strategy of lending to subprime borrowers, Show more.

Valuation, Metrics & Events

SEZL Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points for why Sezzle (SEZL) stock moved by -25.5% for the approximate time period from August 31, 2025, to December 28, 2025:

<br><br>

<b>1. Increased Provision for Credit Losses:</b> Despite strong revenue and Gross Merchandise Volume (GMV) growth reported in Q3 2025, Sezzle's provision for credit losses increased to 3.1% of GMV, up from 2.3% in Q3 2024. This signals an increase in perceived risk associated with its lending activities, which can negatively impact investor confidence.

<br><br>

<b>2. Decline in Operating Margin:</b> Sezzle experienced a decrease in its operating margin during Q3 2025, which fell to 30.4% from 51.8% in the same period last year. Management attributed this to expanding underwriting criteria and elevated marketing spend, suggesting that the cost of growth might be eroding profitability.

<br><br>

<b>3. Analyst Price Target Reductions:</b> Following the Q3 2025 results, some financial analysts lowered their price targets for SEZL. For instance, TD Cowen reduced its price target from $86 to $83 (maintaining a Hold rating), and Oppenheimer lowered its target from $134 to $110 (maintaining a Buy rating). These adjustments reflect a more cautious outlook on the company's future valuation from the analyst community.

<br><br>

<b>4. Bearish Technical Signals and Downgrades:</b> Towards the end of the specified period, technical analysis indicated a shift to a downtrend for SEZL, starting around December 22, 2025. The stock experienced falling prices with increased volume, identified as a strong bearish signal. Additionally, StockInvest.us downgraded Sezzle to a "Sell Candidate" on December 26, 2025, predicting further declines.

<br><br>

<b>5. Overall Negative Market Sentiment for BNPL Sector:</b> While not explicitly detailed as a specific event in the provided snippets for this exact timeframe, a general cautious or negative sentiment in the broader Buy Now, Pay Later (BNPL) sector, possibly due to increased regulatory scrutiny or economic headwinds, could contribute to investor concerns, as hinted by management acknowledging "macroeconomic risks" affecting future guidance.

Show more

Stock Movement Drivers

Fundamental Drivers

The -16.3% change in SEZL stock from 9/27/2025 to 12/27/2025 was primarily driven by a -23.7% change in the company's P/E Multiple.
927202512272025Change
Stock Price ($)84.1970.50-16.26%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)371.79418.6312.60%
Net Income Margin (%)28.13%27.66%-1.66%
P/E Multiple27.1620.73-23.67%
Shares Outstanding (Mil)33.7334.05-0.93%
Cumulative Contribution-16.27%

LTM = Last Twelve Months as of date shown

Market Drivers

9/27/2025 to 12/27/2025
ReturnCorrelation
SEZL-16.3% 
Market (SPY)4.3%44.8%
Sector (XLF)3.3%45.0%

Fundamental Drivers

The -57.4% change in SEZL stock from 6/28/2025 to 12/27/2025 was primarily driven by a -60.5% change in the company's P/E Multiple.
628202512272025Change
Stock Price ($)165.4070.50-57.38%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)329.06418.6327.22%
Net Income Margin (%)32.42%27.66%-14.67%
P/E Multiple52.4920.73-60.51%
Shares Outstanding (Mil)33.8534.05-0.58%
Cumulative Contribution-57.38%

LTM = Last Twelve Months as of date shown

Market Drivers

6/28/2025 to 12/27/2025
ReturnCorrelation
SEZL-57.4% 
Market (SPY)12.6%28.3%
Sector (XLF)7.4%24.8%

Fundamental Drivers

The 59.6% change in SEZL stock from 12/27/2024 to 12/27/2025 was primarily driven by a 88.7% change in the company's Total Revenues ($ Mil).
1227202412272025Change
Stock Price ($)44.1870.5059.59%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)221.81418.6388.74%
Net Income Margin (%)25.29%27.66%9.38%
P/E Multiple26.2020.73-20.90%
Shares Outstanding (Mil)33.2734.05-2.33%
Cumulative Contribution59.50%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2024 to 12/27/2025
ReturnCorrelation
SEZL59.6% 
Market (SPY)17.0%16.8%
Sector (XLF)15.3%15.7%

Fundamental Drivers

null
null

Market Drivers

12/28/2023 to 12/27/2025
ReturnCorrelation
SEZL2071.4% 
Market (SPY)48.0%18.1%
Sector (XLF)51.3%16.5%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
SEZL Return----75%1147%73%445%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
SEZL Win Rate---40%75%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
SEZL Max Drawdown----90%-20%-33% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

SEZL has limited trading history. Below is the Financials sector ETF (XLF) in its place.

Unique KeyEventXLFS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-26.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven36.7%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven525 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-43.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven76.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven295 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-26.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven35.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven338 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-83.7%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven515.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven4,470 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

SPDR Select Sector Fund's stock fell -26.9% during the 2022 Inflation Shock from a high on 1/12/2022. A -26.9% loss requires a 36.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Sezzle (SEZL)

Sezzle Inc. operates as a technology-enabled payments company in United States, Canada, India, and Europe. The company provides a payments platform that facilitates payments between consumers with merchants. Its platform enables customers to make online purchases and split the payment for the purchase in four equal interest free payments over six weeks. The company offers its payment solution to online stores, as well as brick-and-mortar retailers. Sezzle Inc. was incorporated in 2016 and is headquartered in Minneapolis, Minnesota.

AI Analysis | Feedback

Here are 1-3 brief analogies for Sezzle (SEZL):

  • The independent version of PayPal's 'Pay in 4' service for online shopping.
  • An Affirm for smaller, interest-free installment payments.
  • Like Klarna, but primarily focused on interest-free 'buy now, pay later' payment options.

AI Analysis | Feedback

  • Buy Now, Pay Later (BNPL) Installment Payment Service: Enables consumers to split their purchases into four interest-free payments over six weeks, paid directly to Sezzle.
  • Merchant Payment Processing Solutions: Provides businesses with an integrated payment option at checkout, allowing them to offer Sezzle's BNPL service to their customers and receive full payment upfront.
  • Sezzle Up Subscription Service: An optional premium program for consumers designed to help improve financial health through credit reporting and provide exclusive benefits and features.

AI Analysis | Feedback

Sezzle (SEZL) primarily sells its "Buy Now, Pay Later" (BNPL) services to other companies, specifically merchants. These merchants integrate Sezzle into their online and in-store checkout processes to offer installment payment options to their end consumers.

Sezzle's merchant customer base is highly diversified, encompassing thousands of businesses across various sectors, including fashion, beauty, home goods, electronics, and health & wellness. Due to this broad diversification, no single merchant customer is typically identified or disclosed by Sezzle as "major" in the sense of contributing a disproportionately significant percentage (e.g., >10%) of its total revenue.

While Sezzle does not publicly identify specific "major customers" in its financial filings, here are examples of prominent merchant companies that utilize Sezzle as a payment solution:

  • Fashion Nova (Private Company)
  • Rue21 (Private Company)
  • Shoebacca (Private Company)
  • Old Time Pottery (Private Company)

AI Analysis | Feedback

null

AI Analysis | Feedback

Charlie Youakim Executive Chairman & CEO

Charlie Youakim is a serial technology entrepreneur with over 15 years of experience in growing fintech companies. He co-founded Sezzle in 2016 and played a key role in designing its technology architecture and driving its growth. Prior to Sezzle, in 2010, Youakim founded Passport, a software and payments service that developed mobile payment apps for parking and disrupted the transportation industry with white-label systems and digital wallets. He later used the proceeds from the sale of Passport in 2015 to fund Sezzle.

Karen Hartje Chief Financial Officer

Karen Hartje joined Sezzle as Chief Financial Officer in May 2018. She is an accomplished CFO with extensive experience in finance, accounting, and strategic planning, with a proven track record of driving profitable growth. Before Sezzle, Hartje was an early finance leader at Bluestem Brands, where she was responsible for leading the company from relaunch to $2 billion in sales, which resulted in a successful acquisition. She has also held senior leadership positions at U.S. Bank and Lenders Trust, and started her career with KPMG. Karen Hartje advised Sezzle on November 1, 2025, of her intention to resign as CFO for personal reasons, and will continue to serve under a consulting agreement to ensure a smooth transition.

Paul Paradis Executive Director & President

Paul Paradis is a co-founder of Sezzle, which was established in 2016. He became the company's first President in 2020.

Amin Sabzivand Chief Operating Officer

Amin Sabzivand serves as the Chief Operating Officer at Sezzle.

Kerissa Hollis General Counsel and Secretary

Kerissa Hollis holds the position of General Counsel and Secretary at Sezzle.

AI Analysis | Feedback

Key Risks to Sezzle (SEZL)

  1. Credit Risk and Risky Lending Practices: Sezzle faces significant credit risk due to its exposure to high-risk clients and a potential increase in loan defaults. Hindenburg Research alleged that Sezzle extends "extremely risky loans through a struggling platform that is rapidly losing customers and merchants," funding these with expensive capital. Filings indicate Sezzle borrows at a 12.65% interest rate to lend to subprime borrowers who may not have access to traditional credit. Sezzle's 2025 guidance projects higher credit loss provisions due to a strategy of "opening the funnel" to more consumers, and the proportion of lowest-quality (C-rated) loans in its portfolio increased by 22% in 2025 to 29%. An increase in defaults could materially and adversely affect the business.
  2. Intense Competition and Market Share Erosion: The "Buy Now, Pay Later" (BNPL) sector is highly competitive with low barriers to entry. Sezzle competes directly with other BNPL providers such as Affirm, Klarna, and Zip, as well as with larger financial institutions like Block, PayPal, and traditional banks that possess significantly deeper financial resources. This competitive landscape makes increased competition likely and poses a risk of new entrants disrupting Sezzle's business and decreasing its market share. Some reports suggest that Sezzle's aggressive marketing spending indicates struggles with competition, and the company has seen a decline in active customers and merchants since 2021.
  3. Regulatory Scrutiny and Evolving Regulations: Sezzle is subject to regulatory risks, including changes in laws and regulations specifically applicable to the BNPL industry in the United States and Canada. For instance, New York has implemented stricter compliance requirements for BNPL providers, which could lead to increased operational costs and limitations on product flexibility. Furthermore, Sezzle is under investigation by a shareholder rights firm following allegations of risky lending practices. The company is also involved in an antitrust lawsuit against Shopify, claiming anti-competitive practices that favor Shopify’s own BNPL service.

AI Analysis | Feedback

Increased Integration of BNPL by Tech Giants and Established Financial Institutions

Large technology companies and incumbent financial institutions are increasingly integrating their own Buy Now, Pay Later (BNPL) options directly into their existing platforms and payment ecosystems. Companies like Apple (with Apple Pay Later), PayPal (with Pay in 4), and major credit card networks (e.g., Visa Installments, Mastercard Installments) are leveraging their vast customer bases, existing merchant relationships, and strong financial infrastructure to offer BNPL services. This trend of integrated BNPL as a native feature accelerates competition, potentially reducing the need for merchants and consumers to adopt standalone BNPL services like Sezzle. This could lead to reduced merchant adoption, lower transaction volumes, and downward pressure on merchant fees, eroding Sezzle's market share and profitability.

Heightened Regulatory Scrutiny and Potential Restrictions on BNPL Services

Financial regulators globally, including the Consumer Financial Protection Bureau (CFPB) in the U.S. and the Financial Conduct Authority (FCA) in the UK, are intensifying their scrutiny of the Buy Now, Pay Later industry. Concerns include potential consumer debt accumulation, lack of transparent disclosures, and insufficient creditworthiness assessments. Formal inquiries, reports (such as the CFPB's findings on BNPL lending), and ongoing legislative discussions indicate a clear path toward potential new regulations. These regulations could impose stricter lending standards, require more extensive and costly compliance measures (e.g., full credit checks), cap late fees (a potential revenue stream), or mandate more rigorous reporting. Such changes could increase Sezzle's operational costs, reduce approved transaction volumes, and fundamentally alter the 'light-touch' appeal and business model of BNPL.

AI Analysis | Feedback

Sezzle Inc. (SEZL) primarily operates within the Buy Now Pay Later (BNPL) market, offering payment solutions that allow consumers to pay for purchases in interest-free installments. The company's main products and services, including the Sezzle Platform, Sezzle Up, Sezzle Premium, and Sezzle Virtual Card, all fall under the BNPL umbrella. Sezzle's key operating regions are the United States and Canada.

Addressable Markets for Sezzle's Main Products or Services (Buy Now Pay Later)

United States

The Buy Now Pay Later (BNPL) market in the United States was valued at approximately USD 65.2 billion in 2024. Other estimates suggest a valuation of USD 235.94 billion in 2024, projected to increase to USD 541.32 billion by 2035, at a compound annual growth rate (CAGR) of 7.84% from 2025 to 2035. Another source reported the market size at USD 170.32 billion in 2025, with projections to reach USD 367.85 billion by 2030, growing at a CAGR of 16.65%. Additionally, the BNPL payment market in the United States is expected to grow by 12.2% annually to reach approximately US$122.26 billion in 2025.

Canada

The Canadian Buy Now Pay Later (BNPL) market generated a revenue of USD 315.0 million in 2024 and is expected to reach USD 3,035.4 million by 2033, exhibiting a CAGR of 28.9% from 2025 to 2033. Another report valued the Canadian BNPL market at USD 1.96 billion in 2023, with a prediction to reach USD 24.17 billion by 2030, demonstrating a CAGR of 35.5% from 2024 to 2030. More recent data indicates that the BNPL payment market in Canada is expected to grow by 12.0% annually to reach US$7.50 billion in 2025. The market is further projected to expand from its 2024 value of USD 6.69 billion to approximately USD 11.32 billion by the end of 2030, with a CAGR of 8.6% during 2025-2030.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Sezzle (SEZL)

  1. Shift to a Subscription-First Approach: Sezzle is strategically prioritizing subscription products, such as "Sezzle Anywhere," over its traditional on-demand offerings. This pivot is driven by the higher lifetime value, increased predictability, and improved profitability associated with subscribers, who demonstrate significantly greater purchase frequency compared to non-subscribers. Management expects this shift to enhance core financial metrics and drive more sustainable revenue growth.
  2. Product Innovation and New Features: Continuous development and launch of new products and features are central to Sezzle's growth strategy. Recent introductions and ongoing initiatives include the "On-Demand" product (in collaboration with WebBank), "Sezzle Balance," "Money IQ," the "Earn tab," "Sezzle Arcade," discount programs, browser extensions, and price comparison tools. These innovations aim to enhance user experience, engagement, and retention, thereby fueling revenue growth.
  3. Strategic Partnerships: Key partnerships, such as the collaboration with WebBank, are expected to significantly contribute to future revenue. This partnership has enabled Sezzle to standardize regulatory procedures nationally, simplify operations, and offer more flexible payment options, like "On-Demand." Sezzle is also actively expanding its merchant network, including new enterprise-level merchant integrations, to broaden its market presence.
  4. Leveraging Artificial Intelligence (AI): Sezzle is investing in AI to drive operational efficiency and scalability. AI-driven tools are being implemented for credit risk assessment, developing customer support chatbots, and facilitating more efficient product launches. This integration of AI is expected to enhance the company's ability to scale its services and manage costs effectively, contributing to profitability and revenue growth.
  5. Expansion of Consumer Base and Engagement: Sezzle focuses on increasing its active consumer base and enhancing consumer purchase frequency. Initiatives such as the "On-Demand" product, strategic partnerships, and ongoing product enhancements are designed to attract new users and encourage existing users to transact more frequently. The growth in Monthly On-demand & Subscribers (MODS) and increased purchase frequency are indicators of this driver's impact on revenue.

AI Analysis | Feedback

Share Repurchases

  • Sezzle authorized a flexible stock buyback program of up to $50 million on March 10, 2025, with no fixed expiration date.
  • Under this program, Sezzle repurchased 678,529 shares for $23.5 million during the second quarter of 2025.

Share Issuance

  • Sezzle declared a six-for-one stock split in the form of a stock dividend on March 10, 2025, making ownership more accessible to investors and employees.
  • Each stockholder of record on March 21, 2025, received five additional shares for every share held, with split-adjusted trading commencing March 31, 2025.
  • The number of shares outstanding as of November 2025 was 33,733,000, reflecting a 1.39% increase from 2024.

Inbound Investments

  • No information available regarding large inbound investments made in Sezzle by third-parties.

Outbound Investments

  • No information available regarding strategic investments made by Sezzle in other companies.

Capital Expenditures

  • Sezzle's projected capital expenditures are $4 million for 2025, $5 million for 2026, and $8 million for 2027.
  • Capital expenditures are forecasted to remain at approximately 1% of revenue from 2025 through 2029.

Trade Ideas

Select ideas related to SEZL. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
14.5%14.5%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-1.5%-1.5%-1.5%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.5%-4.5%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
7.6%7.6%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.1%-11.1%-12.1%

Recent Active Movers

More From Trefis

Peer Comparisons for Sezzle

Peers to compare with:

Financials

SEZLHPQHPEIBMCSCOAAPLMedian
NameSezzle HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price70.5023.2624.49305.0978.16273.4074.33
Mkt Cap2.421.932.6284.9309.24,074.4158.8
Rev LTM41955,29534,29665,40257,696408,62556,496
Op Inc LTM1393,6241,64411,54412,991130,2147,584
FCF LTM542,80062711,85412,73396,1847,327
FCF 3Y Avg222,9781,40011,75313,879100,5037,366
CFO LTM573,6972,91913,48313,744108,5658,590
CFO 3Y Avg243,6723,89613,49814,736111,5598,697

Growth & Margins

SEZLHPQHPEIBMCSCOAAPLMedian
NameSezzle HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM88.7%3.2%13.8%4.5%8.9%6.0%7.4%
Rev Chg 3Y Avg--3.9%6.5%2.6%3.7%1.8%2.6%
Rev Chg Q67.0%4.2%14.4%9.1%7.5%9.6%9.4%
QoQ Delta Rev Chg LTM12.6%1.1%3.7%2.1%1.8%2.1%2.1%
Op Mgn LTM33.1%6.6%4.8%17.7%22.5%31.9%20.1%
Op Mgn 3Y Avg18.7%7.4%7.2%16.4%24.2%30.8%17.5%
QoQ Delta Op Mgn LTM-0.4%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM13.5%6.7%8.5%20.6%23.8%26.6%17.1%
CFO/Rev 3Y Avg6.2%6.8%12.7%21.4%26.1%28.4%17.1%
FCF/Rev LTM12.9%5.1%1.8%18.1%22.1%23.5%15.5%
FCF/Rev 3Y Avg5.5%5.5%4.6%18.6%24.6%25.6%12.1%

Valuation

SEZLHPQHPEIBMCSCOAAPLMedian
NameSezzle HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap2.421.932.6284.9309.24,074.4158.8
P/S5.70.41.04.45.410.04.9
P/EBIT17.36.819.925.122.531.321.2
P/E20.78.6572.736.029.941.033.0
P/CFO42.45.911.221.122.537.521.8
Total Yield4.8%14.1%2.3%5.0%5.4%2.8%4.9%
Dividend Yield0.0%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg0.0%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.00.50.70.20.10.00.2
Net D/E0.00.30.60.20.00.00.1

Returns

SEZLHPQHPEIBMCSCOAAPLMedian
NameSezzle HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn19.8%-1.8%14.4%0.6%2.7%-1.5%1.7%
3M Rtn-16.3%-11.9%2.7%7.9%17.0%7.1%4.9%
6M Rtn-57.4%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn59.6%-27.0%16.2%40.5%34.5%7.5%25.3%
3Y Rtn421.7%-1.9%71.1%143.1%81.3%120.2%100.7%
1M Excs Rtn23.0%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn-20.6%-16.2%-1.7%3.6%12.7%2.8%0.6%
6M Excs Rtn-69.6%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn43.0%-42.9%-0.7%25.0%19.9%-8.4%9.6%
3Y Excs Rtn340.4%-83.5%-11.2%59.6%-1.2%28.4%13.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023
Single Segment159126
Total159126


Price Behavior

Price Behavior
Market Price$70.50 
Market Cap ($ Bil)2.4 
First Trading Date08/17/2023 
Distance from 52W High-72.1% 
   50 Days200 Days
DMA Price$65.47$91.68
DMA Trendupdown
Distance from DMA7.7%-23.1%
 3M1YR
Volatility64.2%563.0%
Downside Capture326.35240.44
Upside Capture177.29251.82
Correlation (SPY)44.1%16.9%
SEZL Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta2.552.142.032.334.90-0.18
Up Beta-0.82-0.24-0.461.756.540.26
Down Beta2.762.993.193.093.16-0.31
Up Capture304%125%62%86%463%2197%
Bmk +ve Days13263974142427
Stock +ve Days11192861129290
Down Capture340%292%296%259%155%110%
Bmk -ve Days7162452107323
Stock -ve Days9233564119263

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
null
Based On 5-Year Data
null
Based On 10-Year Data
null

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity5,343,794
Short Interest: % Change Since 1130202526.8%
Average Daily Volume1,153,192
Days-to-Cover Short Interest4.63
Basic Shares Quantity34,048,000
Short % of Basic Shares15.7%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/21/2025-1.7%-4.1%-30.7%
7/22/20253.5%5.8%-34.0%
4/14/20257.7%4.6%130.8%
1/15/20251.1%-8.0%31.0%
10/17/20243.0%-4.6%76.0%
7/25/20243.1%-6.8%54.8%
5/8/202475.7%60.6%91.4%
2/26/202420.0%7.4%80.3%
...
SUMMARY STATS   
# Positive858
# Negative9129
Median Positive4.5%7.4%76.0%
Median Negative-1.7%-5.7%-32.3%
Max Positive75.7%60.6%130.8%
Max Negative-1.7%-8.0%-34.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
93020251106202510-Q 9/30/2025
6302025808202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024227202510-K 12/31/2024
93020241108202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023229202410-K 12/31/2023
93020231114202310-Q 9/30/2023
6302023814202310-Q 6/30/2023
3312023515202310-Q 3/31/2023

Insider Activity

Expand for More
 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Paradis PaulDirector & President9112025Sell88.673,000266,01020,660,110Form
1Paradis PaulDirector & President9042025Sell91.533,000274,59021,601,080Form
2Paradis PaulDirector & President8272025Sell92.243,000276,72022,045,360Form
3Krause JustinSVP FINANCE AND CONTROLLER8272025Sell94.153,661344,6938,801,950Form
4Paradis PaulDirector & President8192025Sell91.623,000274,86022,172,040Form