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Katapult Holdings (KPLT)
NASDAQ:KPLT
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.72Last Year’s EPS
0.23Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 28, 2025
|% Change Since: -41.37%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
Katapult's earnings call highlighted strong growth in originations and revenue driven by its app marketplace and improved customer engagement. The company achieved positive adjusted EBITDA for the first time since 2021. However, challenges such as increased lease write-offs, high dependence on Wayfair, and concerns over cash flow and debt refinancing were also noted.Company Guidance
During the Katapult Holdings Q4 and full-year 2024 earnings call, the company reported substantial growth metrics and shared optimistic guidance for 2025. In Q4, gross originations increased by 11.3% year-over-year to $75.2 million, with total revenue rising by 9.4% to $63 million. Notably, 61% of Q4 gross originations were driven by Katapult's marketplace efforts, and 41% utilized their KPay feature. For 2024, gross originations from the Katapult app reached $127 million, with KPay enabling $77 million. The company anticipates at least 20% growth in both gross originations and revenue for 2025, alongside a projected $10 million in positive adjusted EBITDA, leveraging their strong marketplace and strategic initiatives.Strong Q4 Growth in Originations and Revenue
Q4 growth originations grew more than 11% year-over-year, and fourth quarter revenue was up more than 9%. This marks nine consecutive quarters of growth in gross originations.
Successful App and Marketplace Strategy
Since launching the Katapult app, 54% of 2024 originations are driven by the company's own ecosystem. The app marketplace generated approximately $127 million in gross originations in 2024, with KPay enabling nearly $77 million of those.
Positive Adjusted EBITDA for Full-Year 2024
Katapult reported the first full-year of positive adjusted EBITDA since 2021, with a $6.7 million improvement compared to the previous year.
Improved Customer Engagement and Metrics
Applications grew approximately 50% during Q4, and customer repeat rate was 61.5%. The Net Promoter Score improved to 58 from 52 in the previous year.
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KPLT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KPLT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 28, 2025 | $12.98 | $11.90 | -8.32% |
| Nov 06, 2024 | $8.82 | $7.46 | -15.42% |
| Aug 14, 2024 | $16.59 | $13.70 | -17.42% |
| May 15, 2024 | $17.50 | $18.66 | +6.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Katapult Holdings (KPLT) report earnings?
Katapult Holdings (KPLT) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Katapult Holdings (KPLT) earnings time?
Katapult Holdings (KPLT) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KPLT EPS forecast?
KPLT EPS forecast for the fiscal quarter 2025 (Q1) is -0.72.
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