Katapult reports Q4 EPS ($2.12) vs. ($3.54) last year

Reports Q4 revenue $62.96M vs. $57.56M last year. “We had a great fourth quarter, which included stronger-than-expected gross originations growth and 50% growth in application volume,” said Orlando Zayas, CEO of Katapult (KPLT). “The fourth quarter holiday season is an incredibly important time for many of our merchant-partners and the Katapult marketplace delivered, including more than 100% year-over-year gross originations growth during the Cyber 5 period in 2024. This growth was driven by a number of initiatives including targeted and co-branded marketing campaigns and the launch of new app features that enhance the customer experience. Given our high repeat customer rate and the incremental sales we’re generating for our merchant-partners, we are confident that retailers, partners and consumers alike understand the value Katapult brings to the table.”