secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K/A
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001628280-25-026019
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% to $64.2M; guides Q2 growth of 25-30%
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- Revenue $71.9M (+10.6% YoY); net loss widened to $5.7M from $0.6M loss in Q1 2024.
- Adjusted EBITDA $2.2M vs $5.6M in prior year; adjusted net loss $3.4M vs adjusted net income $1.0M.
- Q2 2025 outlook: gross originations +25-30%, revenue +17-20%, approximately breakeven Adjusted EBITDA.
- FY2025 guidance reiterated: gross originations + at least 20%, revenue + at least 20%, Adj. EBITDA >= $10M.
- Correction: Q4 2024 gross originations revised to $75.2M from $64.2M (no change to Q1 2025 results).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000162828025026019/0001628280-25-026019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000162828025026019/kplt-20250515.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-026019

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