Connect with us

Business

Is the Sezzle (ASX:SZL) share price about to sizzle?

Published

on

The Sezzle Inc (ASX: SZL) share price is an interesting proposition to think about considering the business is still seeing a very fast pace of growth right now.

Despite the business growth, Sezzle shares have actually declined by 28% over the last month.

How good was the Sezzle FY20 result?

Sezzle reported a number of different growth metrics for 2020 which showed rapid expansion of the business.

The 2020 underlying merchant sales (UMS) and total income increased by 250.8% and 272.1% year on year respectively.

Merchant fees, which represented 80.9% of total income for 2020, increased by 266.9% year on year.

Active consumers and active merchants reached 2.2 million and 26,700 respectively at 31 December 2020, representing year on…



Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending