Earnings release
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For personal use only 30 April 2021 ASX RELEASE Company Announcements Platform ● 1Q 2021 ( 31 March 2021 ) : Appendix 4C Sezzle reached new highs in 1Q21 for Underlying Merchant Sales ( UMS ) , Active Consumers , Active Merchants , and Repeat Usage . UMS for 1Q21 increased 214.1 % YoY to US $ 375.1M ( A $ 492.5M¹ , + 16.9 % QoQ ) . March's UMS exceeded December's by 30.0 % . Sezzle Income² as a percentage of UMS remained steady YoY at 5.9 % . Almost 400,000 Active Consumers were added during the quarter , bringing the total to over 2.6M Active³ Consumers ( up 126.6 % YoY ) . ● sezzle The way forward . ● ● Sezzle's consumer profile continued to improve as Active Consumer repeat usage grew to 90.7 % ( 27th consecutive month of improvement ) . The Top 10 % of Sezzle's consumers , on average , now transact 49 times per year ( -4 times per month ) . The Company has experienced a positive shift in excess of 10 percentage points YoY toward ACH ( Automated Clearing House ) as a payment method . Added over 7,300 Active² Merchants in the quarter , the largest quarterly increase in the Company's history . There are now over 34,000 Active Merchants on the Sezzle platform . On 30 March 2021 , the Company announced it received the certification required to achieve B Corp status ; joining innovative leaders across the world intent on advancing environmental , social , and economic causes . ¹A $ to US $ exchange rate of $ 0.7616 as of 31 March 2021 . 2 Sezzle Income is defined as total merchant fees and rescheduled payment fees less note origination costs . 3 Have transacted at least once in the last 12 months . 4 Top 10 % of consumers measured by UMS over rolling 12 - month period ended 31 March 2021 . Sezzle Inc. ( ASX : SZL ) | ARBN 633 327 358 | sezzle.com | 251 1st Ave N , Suite 200 , Minneapolis , MN 55401 1