8-K
filed November 8, 2023, 6:59 PM ET
ticker KPLT
CIK 0001785424
earnings
confidence high
sentiment positive
materiality 0.70
Katapult Q3 revenue $55.3M (+9.8% YoY); Adj. EBITDA positive $2.0M; guides Q4 growth
Katapult Holdings, Inc.
2023-Q3 EPS reported
-$4.54
revenue$165,497,000
- Gross originations $49.6M (+12.5% YoY); fourth consecutive quarter of YoY growth.
- Revenue $55.3M (+9.8%); net loss narrowed to $2.9M from $9.2M; adjusted EBITDA $2.0M vs -$2.3M.
- Q4 2023 outlook: gross originations +3-5%, revenue +13-15%, improved adjusted EBITDA.
- FY 2023: gross originations +12-13%, revenue +3-4.5%; YTD adj EBITDA improved by $14M.
- Repeat customers 51.3% of originations; NPS 58; new merchant Casper; Target added to Katapult Pay.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Katapult Holdings, Inc. updated its three and nine months ended September 30, 2023 guidance (reaffirmed).
- Period
- three and nine months ended September 30, 2023
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
On November 8, 2023, Katapult Holdings, Inc., a Delaware corporation ("Katapult"), issued a press release regarding its financial results for the three and nine months ended September 30, 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Katapult Holdings, Inc. reported third quarter ended September 30, 2023 results: revenue $55.3 million, net income $2.9 million. Guidance reaffirmed.
- Period
- third quarter ended September 30, 2023
- Revenue
- $55.3 million
- Net income
- $2.9 million
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
Total revenue was $55.3 million, an increase of 9.8%
View on SEC.gov
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