Katapult Holdings Inc Stock Price, News & Analysis

Katapult has announced the hiring of Colleen Gorsky as Chief Marketing Officer and Jorge Diaz as Chief Human Resource Officer to bolster the company's growth phase. Gorsky, with over 20 years of experience in marketing, previously held key roles at Klarna, Spotify, and Pandora. Diaz brings 25 years of HR experience, having worked with Coyote Logistics and Fleetmatics. CEO Orlando Zayas emphasized their mission to empower those underserved by traditional finance. Katapult aims to enhance brand awareness and execute talent strategies to support its expansion.

Katapult has partnered with Poly & Bark to provide a lease-to-own option for customers, enhancing access to quality furniture for non-prime consumers. This collaboration aims to offer transparent, customer-focused payment solutions, allowing Poly & Bark to attract a broader customer base. The initiative supports underserved segments, fostering brand loyalty and increasing sales. Katapult's platform seamlessly integrates with e-commerce, ensuring a smooth checkout process for consumers while allowing retailers to focus on growth.

Katapult, a lease-to-own platform, announced the appointment of Joyce Phillips and Jane J. Thompson to its Board of Directors, effective immediately. Both directors will stand for election at the 2022 Annual Meeting of Stockholders. Ms. Phillips brings over 25 years of experience in retail banking and financial services, while Ms. Thompson has a strong background in retail and customer-focused organizations. Their appointments aim to enhance Katapult's strategic expertise and support its growth in offering financial solutions for non-prime customers.

Katapult Holdings, a leading e-commerce financial technology firm, plans to release its fourth quarter financial results for the period ending December 31, 2021, on March 15, 2022, before the market opens. The company will hold a conference call and webcast at 8:00 AM ET on the same day to discuss these results. Investors can access the live audio webcast on the Katapult Investor Relations website. A replay of the call will be available until March 29, 2022.

Katapult Holdings, Inc. (NASDAQ: KPLT) announced its Gross Originations totaled $40.4 million from October 1 to November 30, 2021, a 3.2% decrease compared to $41.7 million during the same period in 2020, but an increase from $26.1 million in 2019. CEO Orlando Zayas cited ongoing economic trends impacting performance. Katapult plans to release detailed metrics at their fourth-quarter report in 2022. The company also participated in a fireside chat at the Stephens Annual Investment Conference on December 1, 2021.

Katapult Holdings, a financial technology company focused on e-commerce, will participate in the Stephens Annual Investment Conference. CEO Orlando Zayas and CFO Karissa Cupito will host a fireside chat and discuss the company’s fourth quarter performance on December 1, 2021, at 5:00 PM ET. The live audio webcast will be accessible on the Katapult Investor Relations site, with an archived version available afterward. Katapult (NASDAQ: KPLT) offers lease purchase options for nonprime consumers, enhancing access to durable goods through its advanced technology platform.

Katapult Holdings, Inc. (NASDAQ: KPLT) reported its third-quarter 2021 financial results, revealing a total revenue of $71.7 million, marking a 1% increase from Q3 2020 and a 32% increase year-to-date to $229.8 million. The company's net income stood at $13.7 million, bolstered by a $21.3 million revaluation gain. Despite challenges from supply chain disruptions, gross originations were $61.0 million, up 1%. Katapult maintains a healthy cash position of $99.7 million and achieved a 60 Net Promoter Score, reflecting strong customer satisfaction.

Katapult, a financial technology company focused on eCommerce, has upgraded its partnership with Adobe to become an Accelerate partner in the Adobe Exchange Program. This partnership enhances collaboration between Katapult and Adobe, allowing merchants using Adobe Commerce to receive prioritized support and access to real-time data. The integration of Katapult's lease-purchase solution with Adobe Commerce aims to improve the checkout experience for consumers while enabling merchants to grow their business more effectively. Katapult continues to prioritize consumer needs through transparent payment options.

Katapult will announce its third quarter financial results for the period ending September 30, 2021, on November 9, 2021, prior to market opening. A conference call will take place at 8:00 AM ET on the same day to discuss the results. Investors can access a live audio webcast via Katapult's Investor Relations website. The call will also be available for replay until November 23, 2021. The conference ID for dial-in is 9768849.