Added to YB: 2024-12-20
Pitch date: 2024-12-18
SEZL [bearish]
Sezzle Inc.
-351.76%
current return
Author Info
Company Info
Sezzle Inc. operates as a technology-enabled payments company in the United States and Canada. The company offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; Pay-in-five which allows eligible consumers to pay a fifth of the purchase price up front, and then another four installments every two weeks; Pay-in-Two, which allow consumer to pay half of the value of their order up-front and the second half in two weeks; and other alternative installment options.
Market Cap
$3.8B
Pitch Price
$40.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.37
P/E
27.07
EV/Sales
7.97
Sector
Financial Services
Category
value
Sezzle: A Failing “Buy Now, Pay Later” Platform Playing Short Term Tricks As Insiders Cash Out Via Stock Sales And Margin Loans
SEZL short: BNPL co up 2015% YoY, trading 5.5x fwd sales (63% premium to peers). Red flags: CEO pledged 30% of shares for margin loan, insiders sold $71M, merchants down 51% since 2021, active users -20%, risky loans up 22%, credit losses spiking. Sketchy subscription practices, soaring complaints.
Read full article (15 min)