earnings
confidence high
sentiment positive
materiality 0.75
Katapult Q2 gross originations up 5% to $75.5M; net loss narrows 44%; merger with Aaron's/CCF on track
Katapult Holdings, Inc.
- Gross originations $75.5M (+4.7% YoY), 15th consecutive quarter of growth.
- Revenue $74.8M (+4.0%); net loss improved to $(4.4)M from $(7.8)M.
- Adjusted EBITDA $1.2M vs $0.3M; adjusted net loss $(3.0)M vs $(5.7)M.
- Pending merger with Aaron's and CCF Holdings expected to close in August 2026.
- Cash from operations $6.1M YTD vs $(3.2)M; write-offs 9.7% of revenue.