KPLT

Katapult Grows Fourth Quarter Gross Originations by 13% Year-Over-Year; Second Highest Gross Originations Volume in Company History

Retrieved on: 
Thursday, March 14, 2024
KPLT, Growth, CFO, Webcast, Policy, Q4, Insurance, Walmart, GAAP, Wayfair, Total, Video game

PLANO, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce-focused financial technology company, today reported its financial results for the fourth quarter ended December 31, 2023.

Key Points: 
  • Fifth Consecutive Quarter of Year-Over-Year Gross Originations Growth; Non-Wayfair Gross Originations Grow ~30% in Q4
    PLANO, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce-focused financial technology company, today reported its financial results for the fourth quarter ended December 31, 2023.
  • “During the fourth quarter, we extended our track record of growth by delivering double-digit, year-over-year increases in gross originations and revenue.
  • Gross originations for Wayfair grew by more than 5% in 2023 and non-Wayfair gross originations grew by nearly 28% year-over-year.
  • As a result, non-Wayfair gross originations increased to 48% of our 2023 gross originations compared with 43% for 2022.

Katapult to Announce Fourth Quarter and Full Year 2023 Financial Results on March 14, 2024

Retrieved on: 
Tuesday, March 5, 2024
KPLT, Katapult

PLANO, Texas, March 05, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, today announced it will release its fourth quarter and full year 2023 financial results before market open on Thursday, March 14, 2024.

Key Points: 
  • PLANO, Texas, March 05, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, today announced it will release its fourth quarter and full year 2023 financial results before market open on Thursday, March 14, 2024.
  • The company will host a conference call and webcast to discuss these results at 8:00 AM ET that same day.
  • A live audio webcast of the conference call will be available on the Katapult Investor Relations website at http://ir.katapultholdings.com/ .
  • A replay will be available on the investor relations website following the call.

Katapult Announces Double-Digit Preliminary Gross Originations and Revenue Growth for Fourth Quarter 2023

Retrieved on: 
Thursday, February 1, 2024
KPLT, Growth

PLANO, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, today announced preliminary gross originations and revenue for the fourth quarter ended December 31, 2023.

Key Points: 
  • PLANO, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, today announced preliminary gross originations and revenue for the fourth quarter ended December 31, 2023.
  • Based on preliminary unaudited results, Katapult expects to report gross originations of approximately $67.5 million for the fourth quarter, an increase of 13.0% year-over-year and above the 3-5% growth outlook the company provided on November 8, 2023.
  • This is expected to be the fifth consecutive quarter of year-over-year gross originations growth and the second highest level of gross originations volume in the company’s history.
  • Despite these potential headwinds, we delivered strong double-digit preliminary gross originations and revenue growth, driven by the power of our direct merchant integrations and Katapult Pay™.

Grown Brilliance Integrates Katapult to Help Qualified Consumers Acquire High-Quality Diamond Jewelry

Retrieved on: 
Wednesday, November 29, 2023
App Store (iOS/iPadOS), Partnership, KPLT, Google Play, Jewellery, Online shopping

The partnership is expected to create a pathway for underserved consumers to acquire high-quality, lab-grown diamonds at www.grownbrilliance.com .

Key Points: 
  • The partnership is expected to create a pathway for underserved consumers to acquire high-quality, lab-grown diamonds at www.grownbrilliance.com .
  • "Grown Brilliance has teamed up with Katapult to provide access to consumers who may have faced financial limitations that prohibited them from exploring and purchasing our luxury, lab-grown diamonds in the past," said Tom Bergan, Vice President, E-commerce at Grown Brilliance.
  • Katapult’s LTO solution provides significant benefits to consumers including:
    Customers understand the full cost of the product ownership up-front.
  • "We are excited to collaborate with Grown Brilliance to broaden access to their luxury engineered diamonds," said Orlando Zayas, CEO of Katapult.

Katapult to Participate in Stephens Annual Investment Conference

Retrieved on: 
Thursday, November 9, 2023
CFO, Q&A, Conference, KPLT, Clothing

PLANO, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce focused financial technology company, announced that Orlando Zayas, CEO, and Nancy Walsh, CFO, will participate in the Stephens Annual Investment Conference on Wednesday, November 15, 2023.

Key Points: 
  • PLANO, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce focused financial technology company, announced that Orlando Zayas, CEO, and Nancy Walsh, CFO, will participate in the Stephens Annual Investment Conference on Wednesday, November 15, 2023.
  • Orlando Zayas and Nancy Walsh will participate in a fireside chat and Q&A session at 9:00 AM ET.

Katapult Delivers 10% Year-Over-Year Revenue Growth In Third Quarter 2023   

Retrieved on: 
Wednesday, November 8, 2023
Growth, GAAP, Customer, Webcast, CFO, Total, KPLT, Video game, Adjustment

PLANO, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce-focused financial technology company, today reported its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Fourth Quarter Outlook Includes Continued Year-Over-Year Growth for Gross Originations, Revenue and Adjusted EBITDA
    PLANO, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce-focused financial technology company, today reported its financial results for the third quarter ended September 30, 2023.
  • “We delivered another quarter of strong operating and financial performance, including double-digit revenue growth and positive Adjusted EBITDA,” said Orlando Zayas, CEO of Katapult.
  • We have continued to bring on new direct merchant partners and test new customized offerings for existing merchants to drive growth.
  • Based on this, the Company expects to see the revenue benefit from gross originations recorded this quarter in future quarters.

Katapult to Announce Third Quarter 2023 Financial Results on November 8, 2023

Retrieved on: 
Wednesday, October 25, 2023
Katapult, KPLT, Clothing, Cryptocurrency

PLANO, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, today announced it will release its third quarter 2023 financial results before market open on Wednesday, November 8, 2023.

Key Points: 
  • PLANO, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, today announced it will release its third quarter 2023 financial results before market open on Wednesday, November 8, 2023.
  • The company will host a conference call and webcast to discuss these results at 8:00 AM ET that same day.
  • A live audio webcast of the conference call will be available on the Katapult Investor Relations website at http://ir.katapultholdings.com/ .
  • A replay will be available on the investor relations website following the call.

Casper Chooses Katapult to Expand Consumer Access to Its Market-Leading Bedroom Products

Retrieved on: 
Tuesday, October 3, 2023
Partnership, Life, App Store (iOS/iPadOS), Federal Reserve, Google Play, KPLT, Online shopping

Under the terms of the partnership, Casper has integrated Katapult’s innovative lease-to-own (LTO) solution into its payment checkout flow.

Key Points: 
  • Under the terms of the partnership, Casper has integrated Katapult’s innovative lease-to-own (LTO) solution into its payment checkout flow.
  • Casper and Katapult expect this collaboration to unlock purchasing power for many underserved consumers who don’t have access to traditional financing options.
  • “We are excited about the potential to provide access to our high-quality bedding products to even more consumers across the United States."
  • Katapult offers a scalable omnichannel LTO solution that provides its merchant partners, like Casper, with access to a new consumer base that previously may not have had the purchasing power to buy their durable goods.

Katapult to Participate in Sidoti Small-Cap Conference

Retrieved on: 
Monday, September 18, 2023
Sidoti, CFO, KPLT, Q&A, Conference, Cryptocurrency

PLANO, Texas, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce focused financial technology company, announced that Orlando Zayas, CEO, and Nancy Walsh, CFO, will participate in the Sidoti Small-Cap Conference on Thursday, September 21, 2023.

Key Points: 
  • PLANO, Texas, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce focused financial technology company, announced that Orlando Zayas, CEO, and Nancy Walsh, CFO, will participate in the Sidoti Small-Cap Conference on Thursday, September 21, 2023.
  • Orlando Zayas and Nancy Walsh will host a presentation and Q&A session at 1:00 PM ET.

(SPAC) Special Purpose Acquisition Investigation: Katapult, LiveVox, Porch.com, and Clever Leaves. Contact Shareholder Rights Law Firm Johnson Fistel

Retrieved on: 
Friday, September 15, 2023
LLP, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Acquisition, SAN, KPLT, Roman Catholic Diocese of La Crosse, Financial services, Management

SAN DIEGO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs"):

Key Points: 
  • SAN DIEGO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs"):
    Katapult Holdings f/k/a FinServe Acquisition Corp. (NASDAQ: KPLT)
    LiveVox Holdings, Inc. f/k/a Crescent Acquisition Corporation (NASDAQ: LVOX)
    Porch.com f/k/a PropTech Acquisition Corporation (NASDAQ: PRCH)
    Clever Leaves Holdings Inc. f/k/a Schultze Special Purpose Acquisition Corp. (NASDAQ: CLVR):
    If you are an investor who has suffered losses in connection with any of the SPACs purchased below: Click or paste the following web address into your browser to submit your losses:
    Katapult Holdings f/k/a FinServe Acquisition Corp. (NASDAQ: KPLT)
    Shareholders who purchased FinServe Acquisition Corp. and continue to hold their shares are encouraged to submit their information by following the link below:
    LiveVox Holdings, Inc. f/k/a Crescent Acquisition Corporation (NASDAQ: LVOX):
    Shareholders who purchased Crescent Acquisition Corporation and continue to hold their shares are encouraged to submit their information by following the link below:
    Porch.com f/k/a PropTech Acquisition Corporation (NASDAQ: PRCH):
    Shareholders who purchased PropTech Acquisition Corporation and continue to hold their shares are encouraged to submit their information by following the link below:
    Clever Leaves Holdings Inc. f/k/a Schultze Special Purpose Acquisition Corp. (NASDAQ: CLVR):
    Shareholders who purchased Schultze Special Purpose Acquisition Corp and continue to hold their shares are encouraged to submit their information by following the link below: