# SEZZLE INC. (SEZL) · Edgar & Edgarette company card

> Sezzle (SEZL) grew revenue 66.1% in FY2025 to $450 million, operating margin 39.3% against a 7.9% median for business services, equity 42.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1662991 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SEZL) · [JSON](https://www.pops4.com/boards/company/SEZL.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $450M |
| Revenue growth, 1 year | 66.1% |
| Revenue growth per year | 40.7% |
| Operating margin | 39.3% (prior year 30.3%) |
| Net margin | 29.6% |
| Operating cash flow | $210M |
| Capital spending | $655,000 |
| Free cash flow | $209M |
| Cash | $64M |
| Long-term debt | — |
| Total assets | $400M |
| Total equity | $170M |
| Equity ÷ assets | 42.4% |
| Return on equity | 78.4% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 8.04 (safe zone)
- Piotroski F: 8 of 9 (strong)
- Health Harbor boat: Weathered boat · two warning signs · filed earlier statements no longer to be relied on, auditor change in the last 12 months; revenue is hard to predict: its 80% range is ±27%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $450.3M (FY2025). Experience: revenue up 66.1% on the year, up 40.7% a year over 4 years; operating margin 39.3%, up from 30.3%. Soundness: equity 42.4% of assets, return on equity 78.4%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $536.2M and $929.5M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $466.6M to $1.1B. A statistical range, not company guidance. Against peers (70 filers, $50M+ revenue, services-business services, nec): operating margin 39.3% against a 7.9% median; growth 66.1% against 10.2%.

Range logged 2026-09-28, receipt b65515471645de23, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.02 Earlier statements no longer to be relied on: 1, latest 2026-02-25 ([filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000014/0001662991-26-000014-index.htm))
- Item 4.01 Auditor change: 1, latest 2026-03-20 ([filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000036/0001662991-26-000036-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-04-09 ([filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000056/0001662991-26-000056-index.htm))

## Recent filings

- DEF 14A · filed 2026-10-09 · [filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000167/0001662991-26-000167-index.htm)
- 8-K · filed 2026-10-08 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000165/0001662991-26-000165-index.htm)
- 8-K · filed 2026-08-28 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000148/0001662991-26-000148-index.htm)
- 8-K · filed 2026-08-18 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000144/0001662991-26-000144-index.htm)
- 8-K · filed 2026-08-12 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000132/0001662991-26-000132-index.htm)
- 10-Q · filed 2026-08-07 · [filing](https://www.sec.gov/Archives/edgar/data/1662991/000166299126000126/0001662991-26-000126-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001662991.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1662991

## Cite

POPS4, Edgar & Edgarette: SEZZLE INC. (SEZL) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SEZL. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.