Katapult sees FY25 adjusted EBITDA $8M-$9M

Based on the macroeconomic assumptions above, the operating plan in place for the FY25 and year-to-date results, Katapult (KPLT) is updating its expectations for its FY25 financial results: Gross originations are expected to grow between 20%-23%; expects the credit quality of portfolio to remain strong; revenue is expected to grow between 18%-20%. “Thanks to our team’s hard work throughout 2025, we are looking forward to a great Q4,” said Nancy Walsh, CFO of Katapult. “We expect robust gross originations growth during the quarter, but given macroeconomic headwinds we believe it’s prudent to take a more conservative stance on our expectations for this quarter, so we are tempering our full year outlook for gross originations, revenue and Adjusted EBITDA growth. With a more efficient capital structure, market-leading technology and the continued growth of the Katapult app marketplace, we believe that we are well positioned to capitalize on our long-term growth opportunities.”