Welcome to our dedicated page for Katapult Holdings news (Ticker: KPLT), a resource for investors and traders seeking the latest updates and insights on Katapult Holdings stock.
Katapult Holdings, Inc. (NASDAQ: KPLT) is an e-commerce-focused financial technology company that operates a technology-driven lease-to-own platform for underserved U.S. non-prime consumers. Its news flow centers on how this platform integrates with omni-channel retailers and e-commerce merchants, the performance of its app-based marketplace, and developments affecting its capital structure and strategic direction.
On this page, readers can follow KPLT news related to quarterly and annual financial results, where Katapult reports metrics such as gross originations, revenue trends, customer application growth, repeat customer activity, and Net Promoter Scores. Earnings releases often highlight the role of the Katapult app marketplace and Katapult Pay in driving transaction volume and engagement with merchant partners.
Katapult’s disclosures also generate news about financing and balance sheet actions, including amendments and waivers under its loan agreements, refinancing arrangements, and the issuance of Series A and Series B Convertible Preferred Stock to an affiliate of Hawthorn Horizon Credit Fund, LLC. These items provide context on liquidity, covenant compliance, and potential equity ownership changes through conversion features.
A major recent development in KPLT news is the announced all-stock business combination with The Aaron’s Company, Inc. and CCF Holdings LLC, which is intended to create a combined omni-channel platform serving non-prime consumers. Updates around this transaction include the merger agreement terms, expected ownership structure, required stockholder and regulatory approvals, and planned filing of a registration statement on Form S-4 with a joint proxy statement/prospectus.
Investors and observers use Katapult news to monitor operating performance, marketplace evolution, capital structure decisions, and progress toward the proposed merger. This page aggregates those updates so readers can review company-issued press releases and related disclosures in one place.
Katapult Holdings (NASDAQ: KPLT), a fintech company focused on e-commerce, has scheduled the release of its Q1 2025 financial results for Thursday, May 15, 2025, before market opening. The company will hold a conference call and webcast to discuss the results at 8:00 AM ET on the same day. Investors can access the live audio webcast through Katapult's investor relations website, where a replay will also be available after the call.
Katapult Holdings (NASDAQ: KPLT) reported strong Q4 2024 performance with double-digit growth in gross originations. Key highlights include:
- Q4 gross originations reached $75.2 million, up 11.3% year-over-year
- Total revenue increased 9.4% to $63.0 million
- Net loss improved to $9.6 million from $14.6 million in Q4 2023
Notable achievements include:
- 61% of Q4 gross originations originated from the Katapult app marketplace
- 50% growth in lease applications year-over-year
- 61.5% of gross originations came from repeat customers
- Launch of partnerships with Metro by T-Mobile, Zales, and Rooms to Go
For 2025 outlook, Katapult expects:
- Gross originations growth of at least 20%
- Revenue growth of at least 20%
- At least $10 million in positive Adjusted EBITDA
Katapult Holdings (NASDAQ: KPLT), a fintech company focused on e-commerce, has scheduled the release of its Q4 and full year 2024 financial results for March 28, 2025, before market opening.
The company will host a conference call and webcast to discuss the results at 8:00 AM ET on the same day. Investors can access the live audio webcast through Katapult's investor relations website, where a replay will also be available after the call.
Katapult Holdings (NASDAQ: KPLT) reported strong Q4 2024 performance with gross originations reaching $75.2 million, marking an 11.3% year-over-year increase and exceeding their previously projected 6-8% growth range. This represents their ninth consecutive quarter of year-over-year growth and second-highest originations volume historically.
Key highlights include a 50% year-over-year increase in total lease applications, with new customer applications up 51% and existing customer applications up 50%. Repeat customers accounted for 61.5% of Q4 2024 gross originations. The company's Katapult Pay® (KPay) service showed remarkable growth, with gross originations increasing 52% year-over-year.
Katapult Holdings (NASDAQ: KPLT) reported Q3 2024 financial results with 10% revenue growth to $60.3 million and gross originations increase of 3.3% to $51.2 million. The company recorded a net loss of $8.9 million. Katapult Pay showed strong performance with 86% year-over-year growth in gross originations, representing 31% of total originations. The company maintains a positive outlook for Q4 2024, expecting 6-8% growth in gross originations and 5-7% revenue increase. For full year 2024, Katapult projects gross originations growth of 2-4% and approximately $5.5 million in Adjusted EBITDA.
Katapult Holdings (NASDAQ: KPLT), an e-commerce-focused financial technology company, has scheduled the release of its third quarter 2024 financial results for Wednesday, November 6, 2024, before market opening. The company will host a conference call and webcast at 8:00 AM ET on the same day to discuss the results. Investors can access the live audio webcast through Katapult's Investor Relations website, where a replay will also be available after the call.
Katapult Holdings, Inc. (NASDAQ: KPLT) has entered an exclusive agreement with RedPocket Mobile to integrate its lease-to-own (LTO) solution into RedPocket's checkout flow. This partnership aims to provide nonprime consumers with greater access to top-tier mobile devices. Katapult's LTO option offers a flexible and transparent alternative to traditional financing, with benefits including upfront cost disclosure, no surprise fees, and no long-term obligations.
RedPocket Mobile's COO, Joshua Berman, emphasized that this partnership creates a path to ownership for customers regardless of credit history. Katapult's CEO, Orlando Zayas, highlighted the importance of making essential mobile devices more accessible to nonprime customers. The integration is expected to empower underserved individuals to obtain necessary mobile technology in today's digital age.
Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce focused fintech company, announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference from September 9-11, 2024. CEO Orlando Zayas and CFO Nancy Walsh will represent the company, with Zayas delivering a presentation on Katapult's business overview.
The presentation will be available virtually on-demand starting at 7:00 AM ET on September 9, 2024. Interested parties can access the audio webcast through Katapult's Investor Relations website. Institutional investors can register for the conference through the provided link to listen to the company's presentation.
Katapult Holdings, Inc. (NASDAQ: KPLT) has promoted Derek Medlin to the newly created role of president and chief growth officer (CGO). In this position, Medlin will lead business development, marketing, and operations teams, focusing on accelerating gross originations and revenue growth while driving operational efficiencies. His core responsibilities include building new and deepening existing relationships with merchants and strategic partners.
Medlin transitions from his previous role as chief operating officer (COO), where he helped expand gross originations and revenue, which exceeded $230 million over the last twelve months. Notable achievements include spearheading direct-to-consumer efforts, scaling global operations, and launching the Katapult app and Katapult Pay feature, which represented 28% of gross originations in Q2 2024. Under his leadership, Katapult's customer NPS score reached 62, and the repeat purchase rate was 59.3% in Q2 2024.
Katapult Holdings, Inc. (NASDAQ: KPLT) reported strong Q2 2024 financial results, with revenue growing 8.7% year-over-year to $58.9 million. The company achieved its seventh consecutive quarter of year-over-year gross originations growth, reaching $55.3 million, a 1.1% increase. Notably, Katapult Pay gross originations more than doubled, representing 28% of total gross originations.
Despite challenges in the home furnishings category, non-Wayfair gross originations grew nearly 20%. The company launched new waterfall relationships with Meineke, PayTomorrow, and Adorama, expanding its lease-to-own offering. Katapult reiterated its full-year 2024 outlook, expecting at least 10% growth in both gross originations and revenue, as well as positive Adjusted EBITDA for the full year.