SZL
Director Trades
| Date | Director | Value |
|---|
Company News
Sezzle records 44% YoY revenue growth, as new product offerings fuel expansion
Digital payment platform Sezzle (ASX: SZL) has recorded a strong four weeks to end August, citing the efficacy and success of its latest product offerings and continued growth in subscriber numbers. The company’s total income for the period jumped to $21.6 million, representing a 44.3% year-on-year and 11.7% month-on-month increase. Total income as a percentage […]
How ASX BNPL stocks fell from grace
If there is one market sector that encapsulates the rapid change in share market sentiment this year, it is the buy now pay later (BNPL) sector. It was one of the few “technology’’ areas that Australia dominated in the long bull market but the sector is now littered with broken deals and extreme share price […]
PayPal enters Australian buy now, pay later space
Global online payment giant PayPal is joining the Australian buy now pay later (BNPL) market, going up against local rival Afterpay (ASX: APT) with the launch of its ‘Pay in 4’ credit platform. In an announcement on Wednesday, the Nasdaq-listed giant said its BNPL solution will be available to its 9 million Australian customers in […]
Should ASX investors succumb to the Buy Now, Pay Later FOMO?
As with the coronavirus, the buy now, pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations. Among investors, fear of missing out (FOMO) is rife as the BNPL contagion continues to displace the role of credit cards in […]
Searching for value in the ASX-listed Buy Now Pay Later sector
Amid the US-led tech sell off, the ASX-listed Buy Now Pay Later (BNPL) sector has had a decent touch-up, with valuations as much as 40% down on their recent peak levels. Is it enough to quell what many investment experts view as a clear case of irrational exuberance? The near-term price graphs tell only half […]
Sezzle on course to generate over $1 billion in annual merchant sales
Payment platform developer Sezzle (ASX: SZL) has published keenly awaited operating metrics for the last three months, dominated by “global economic headwinds” caused by the COVID-19 pandemic. In a statement to the market, Sezzle declared it has continued to reflect a trajectory of solid growth across all key operating metrics, recording over US$188 million (A$272 […]
Buy Now Pay Later stocks rally to new highs
Buy Now Pay Later (BNPL) stocks were subject to an investment frenzy this week with major and mid-tier BNPL companies enjoying the upward ride. It was a wild ride for BNPL heavy-weight Afterpay (ASX: APT), which hit an all-time high of $53.81 on Thursday, closing at $50.61 per share on Friday, up 8.77% for the […]
Buy now, pay later start-up Sezzle makes sizzling ASX debut
US payments start-up Sezzle (ASX: SZL) has made an impressive debut on the Australian Stock Exchange this morning, following the completion of an oversubscribed $43.6 million initial public offering. The company’s share price rose 82% above its IPO issue price of $1.22 within two hours of its noon listing today. Sezzle’s IPO offered approximately 35.7 […]
Sezzle posts strong quarterly results despite slowed US economy
North American payment platform Sezzle (ASX: SZL) has posted a trajectory of solid growth across key operating metrics for the quarter ended 31 March, despite the global impacts of COVID-19. The company’s underlying merchant sales surged to a record US$119.4 million while the number of active merchants grew by 27% on the previous quarter to […]
Strong investment portfolio underpins healthy profit for WAM Microcap
Listed investment company WAM Microcap (ASX: WMI) has posted a $27.3 million operating profit before tax for the first half of the 2020 financial year, citing strong investment portfolio performance and growth in assets over the period. The profit increase represents a 311.9% jump on the previous corresponding period, and accompanies an operating profit after […]