Sezzle’s (ASX:SZL) shares listed in Australia witnessed a rise by as much as 5.8% to A$20.00, experiencing their best trading day since July 14, on the condition that these gains persist.

The buy-now-pay-later firm announced a second-quarter net income of $1.1 million, a significant improvement from a $15.1 million loss in the same period a year ago.

This denotes Sezzle’s fourth consecutive posted net income.

Additionally, the company reported a 19.4% increase in total income to $34.9 million.

Year to date, the stock has appreciated by approximately 19.9%, according to the closing figure from the prior trading day.

Sezzle is a buy-now-pay-later firm that allows customers to purchase now and pay for their orders over time with interest-free installments.