secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001628280-25-025669
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Katapult Q1: gross originations +15.4%, revenue +10.6%; Q2 outlook accelerates to 25-30% growth
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- Gross originations $64.2M (+15.4% YoY); total revenue $71.9M (+10.6% YoY).
- Net loss $5.7M vs $0.6M loss prior year; adjusted EBITDA $2.2M vs $5.6M prior year.
- Q2 outlook: 25-30% originations growth, 17-20% revenue growth, approx breakeven Adj EBITDA.
- Full-year 2025 guidance reiterated: at least 20% originations growth, at least $10M positive Adj EBITDA.
- KPay originations grew ~57% YoY; repeat customers 57.4% of originations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000162828025025669/0001628280-25-025669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000162828025025669/kplt-20250515.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-025669

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