Katapult Q4 gross originations up 11% YoY; guides FY2025 revenue growth at least 20%

Katapult Holdings, Inc.

Q4 2024 gross originations $75.2M (+11.3% YoY); total revenue $63.0M (+9.4% YoY).
Q4 net loss narrowed to $9.6M from $14.6M YoY; adjusted EBITDA loss was $1.1M.
FY2024 net loss $26M vs. $37M in 2023; first full year of positive adjusted EBITDA ($5M).
Q1 2025 outlook: gross originations +11% YoY, revenue +10% YoY, adjusted EBITDA ~$3M.
FY2025 guidance: gross originations and revenue each +20% at least; adjusted EBITDA at least $10M.

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