secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001628280-23-037547
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Katapult Q3 revenue $55.3M (+9.8% YoY); Adj. EBITDA positive $2.0M; guides Q4 growth
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000162828023037547/0001628280-23-037547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000162828023037547/kplt-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037547

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer