Sezzle Inc (NASDAQ: SEZL) experienced a remarkable 13.23% surge in its stock price during Tuesday's trading session, driven by the fintech company's exceptional fourth quarter and fiscal year 2024 financial results, as well as an upbeat outlook for 2025.
For the fourth quarter, Sezzle reported record Gross Merchandise Volume (GMV) of $855.4 million, representing a staggering 42.1% year-over-year increase. This impressive growth in consumer demand propelled Total Revenue to double to $98.2 million, surpassing analysts' estimates.
The company's profitability soared to new heights, with Net Income reaching an all-time high of $25.4 million, or $4.21 per diluted share, marking a remarkable 721.5% increase compared to the prior year. Sezzle's disciplined cost management strategies further bolstered its performance, with Adjusted EBITDA surging to $32.5 million, or 33.1% of Total Revenue.
Looking ahead, Sezzle raised its 2025 EPS guidance to $13.25, exceeding analysts' expectations. The company's upbeat outlook, coupled with its robust financial performance, fueled investor confidence, driving the stock's significant intraday gain.
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