Significant Revenue Growth
Revenue growth of 67% year-over-year in Q3, reaching $116.8 million.
Strong Profitability Metrics
Net income margin for the quarter was over 22%, and return on equity for the last 12 months exceeded 100%.
Enhanced Consumer Engagement
MODS rose almost 50% year-on-year, indicating strong consumer activity within Sezzle.
New Product Features
Launch of the Earn tab with over 13 million visits since the end of Q2, along with Sezzle Arcade and the educational tool MoneyIQ.
AI Integration
AI initiatives such as a support chatbot and an AI shopping assistant are improving customer service efficiency.
Positive Cash Flow and Balance Sheet
Cash flow from operations for the quarter was $33.1 million, bringing year-to-date cash flow to $55.6 million.
Adjusted EBITDA Guidance Raised
Adjusted EBITDA guidance raised from $170 million-$175 million to $175 million-$180 million.