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Side-by-side financial comparison of First Foundation Inc. (FFWM) and Sezzle Inc. (SEZL). Click either name above to swap in a different company.
Sezzle Inc. is the larger business by last-quarter revenue ($78.2M vs $48.4M, roughly 1.6× First Foundation Inc.). Sezzle Inc. runs the higher net margin — 54.6% vs -97.9%, a 152.5% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 61.6%). Sezzle Inc. produced more free cash flow last quarter ($70.6M vs $-35.2M). Over the past eight quarters, Sezzle Inc.'s revenue compounded faster (76.0% CAGR vs -2.7%).
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
Sezzle is a publicly traded financial technology company headquartered in Minneapolis, U.S, with operations in the United States and Canada. The company provides an alternative payment platform offering interest-free installment plans at selected online stores. As of June 2021, the Sezzle platform had over 10 million user sign-ups and over 48,000 participating merchants.
FFWM vs SEZL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $78.2M |
| Net Profit | $-8.0M | $42.7M |
| Gross Margin | — | — |
| Operating Margin | -97.5% | 70.6% |
| Net Margin | -97.9% | 54.6% |
| Revenue YoY | 421.7% | 61.6% |
| Net Profit YoY | 43.0% | 68.3% |
| EPS (diluted) | $-0.09 | $1.19 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $48.4M | $78.2M | ||
| Q3 25 | $63.6M | $57.5M | ||
| Q2 25 | $51.4M | $52.0M | ||
| Q1 25 | $71.4M | $48.2M | ||
| Q4 24 | $9.3M | $48.4M | ||
| Q3 24 | $9.2M | $35.6M | ||
| Q2 24 | $57.5M | $30.2M | ||
| Q1 24 | $51.1M | $25.2M |
| Q4 25 | $-8.0M | $42.7M | ||
| Q3 25 | $-146.3M | $26.7M | ||
| Q2 25 | $-7.7M | $27.6M | ||
| Q1 25 | $6.9M | $36.2M | ||
| Q4 24 | $-14.1M | $25.4M | ||
| Q3 24 | $-82.2M | $15.4M | ||
| Q2 24 | $3.1M | $29.7M | ||
| Q1 24 | $793.0K | $8.0M |
| Q4 25 | -97.5% | 70.6% | ||
| Q3 25 | -92.7% | 61.9% | ||
| Q2 25 | -21.1% | 69.4% | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | -247.7% | 63.8% | ||
| Q3 24 | -1276.7% | 58.6% | ||
| Q2 24 | 4.6% | 55.3% | ||
| Q1 24 | -0.2% | 54.8% |
| Q4 25 | -97.9% | 54.6% | ||
| Q3 25 | -230.1% | 46.4% | ||
| Q2 25 | -15.0% | 53.1% | ||
| Q1 25 | 9.7% | 75.1% | ||
| Q4 24 | -152.2% | 52.4% | ||
| Q3 24 | -896.9% | 43.4% | ||
| Q2 24 | 5.4% | 98.4% | ||
| Q1 24 | 1.6% | 31.7% |
| Q4 25 | $-0.09 | $1.19 | ||
| Q3 25 | $-1.78 | $0.75 | ||
| Q2 25 | $-0.09 | $0.78 | ||
| Q1 25 | $0.08 | $1.00 | ||
| Q4 24 | $-0.24 | $0.71 | ||
| Q3 24 | $-1.23 | $0.44 | ||
| Q2 24 | $0.05 | $0.82 | ||
| Q1 24 | $0.01 | $0.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $64.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $912.6M | $169.8M |
| Total Assets | $11.9B | $400.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $64.1M | ||
| Q3 25 | $1.7B | $104.1M | ||
| Q2 25 | $1.1B | $88.9M | ||
| Q1 25 | $1.0B | $88.9M | ||
| Q4 24 | $1.0B | $73.2M | ||
| Q3 24 | $1.1B | $80.1M | ||
| Q2 24 | $1.4B | $58.0M | ||
| Q1 24 | $1.6B | $77.8M |
| Q4 25 | $912.6M | $169.8M | ||
| Q3 25 | $917.9M | $155.3M | ||
| Q2 25 | $1.1B | $130.4M | ||
| Q1 25 | $1.1B | $125.8M | ||
| Q4 24 | $1.1B | $87.8M | ||
| Q3 24 | $1.1B | $61.1M | ||
| Q2 24 | $933.2M | $50.3M | ||
| Q1 24 | $928.7M | $29.6M |
| Q4 25 | $11.9B | $400.2M | ||
| Q3 25 | $11.9B | $367.0M | ||
| Q2 25 | $11.6B | $350.6M | ||
| Q1 25 | $12.6B | $298.1M | ||
| Q4 24 | $12.6B | $298.4M | ||
| Q3 24 | $13.4B | $252.9M | ||
| Q2 24 | $13.7B | $212.1M | ||
| Q1 24 | $13.6B | $195.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-31.9M | $70.6M |
| Free Cash FlowOCF − Capex | $-35.2M | $70.6M |
| FCF MarginFCF / Revenue | -72.8% | 90.2% |
| Capex IntensityCapex / Revenue | 6.9% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | $209.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.9M | $70.6M | ||
| Q3 25 | $9.2M | $63.7M | ||
| Q2 25 | $-16.3M | $23.1M | ||
| Q1 25 | $-552.0K | $52.5M | ||
| Q4 24 | $-8.7M | $57.4M | ||
| Q3 24 | $14.2M | $35.1M | ||
| Q2 24 | $-9.1M | $22.2M | ||
| Q1 24 | $7.2M | $16.0M |
| Q4 25 | $-35.2M | $70.6M | ||
| Q3 25 | $8.6M | $63.6M | ||
| Q2 25 | $-16.7M | $22.7M | ||
| Q1 25 | $-2.5M | $52.5M | ||
| Q4 24 | $-11.4M | $57.4M | ||
| Q3 24 | $13.4M | $35.1M | ||
| Q2 24 | $-9.4M | $22.2M | ||
| Q1 24 | $5.9M | $16.0M |
| Q4 25 | -72.8% | 90.2% | ||
| Q3 25 | 13.5% | 110.6% | ||
| Q2 25 | -32.4% | 43.6% | ||
| Q1 25 | -3.5% | 108.9% | ||
| Q4 24 | -123.5% | 118.5% | ||
| Q3 24 | 146.2% | 98.6% | ||
| Q2 24 | -16.3% | 73.4% | ||
| Q1 24 | 11.6% | 63.3% |
| Q4 25 | 6.9% | 0.1% | ||
| Q3 25 | 1.0% | 0.3% | ||
| Q2 25 | 0.8% | 0.8% | ||
| Q1 25 | 2.8% | 0.1% | ||
| Q4 24 | 29.4% | 0.1% | ||
| Q3 24 | 9.0% | 0.0% | ||
| Q2 24 | 0.4% | 0.1% | ||
| Q1 24 | 2.5% | 0.0% |
| Q4 25 | — | 1.65× | ||
| Q3 25 | — | 2.39× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | -0.08× | 1.45× | ||
| Q4 24 | — | 2.26× | ||
| Q3 24 | — | 2.27× | ||
| Q2 24 | -2.96× | 0.75× | ||
| Q1 24 | 9.09× | 2.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FFWM
Segment breakdown not available.
SEZL
| Merchant And Partner Income | $28.9M | 37% |
| Transaction Income | $25.9M | 33% |
| Income From Other Services Late Payment Fees | $20.5M | 26% |
| Other | $2.9M | 4% |
