Financial Snapshot

Revenue
$240.3M
TTM
Gross Margin
17.6%
TTM
Net Earnings
-$34.57M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
68.36%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$40.26M
Q3 2024
Cash
Q3 2024
P/E
-0.9270
Nov 29, 2024 EST
Free Cash Flow
-$14.51M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $221.6M $212.1M $303.1M $247.2M $91.88M
YoY Change 4.47% -30.02% 22.62% 169.06%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $221.6M $212.1M $303.1M $247.2M $91.88M
Cost Of Revenue $179.9M $171.1M $214.1M $167.4M $71.22M
Gross Profit $41.71M $40.99M $88.99M $79.79M $20.66M
Gross Profit Margin 18.82% 19.32% 29.36% 32.28% 22.48%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $46.80M $50.54M $72.52M $795.7K $172.0K
YoY Change -7.4% -30.31% 9014.25% 362.76%
% of Gross Profit 112.2% 123.31% 81.5% 1.0% 0.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $126.5M $116.3M $144.0M $111.4M $47.08M
YoY Change 8.77% -19.21% 29.2% 136.7%
% of Gross Profit 303.39% 283.83% 161.81% 139.68% 227.93%
Operating Expenses $60.50M $66.09M $87.33M $795.7K $172.0K
YoY Change -8.46% -24.32% 10875.36% 362.76%
Operating Profit -$18.79M -$25.11M $1.657M $36.91M -$9.392M
YoY Change -25.15% -1615.15% -95.51% -492.95%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $17.82M $20.00M $16.49M $13.59M $8.577M
YoY Change -10.88% 21.31% 21.32% 58.42%
% of Operating Profit 994.87% 36.82%
Other Income/Expense, Net $807.0K $6.439M $36.57M -$32.08M -$2.810M
YoY Change -87.47% -82.39% -214.0% 1041.74%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$36.50M -$37.92M $21.75M $23.02M -$18.79M
YoY Change -3.74% -274.39% -5.53% -222.49%
Income Tax $165.0K -$50.00K $539.0K $487.0K $0.00
% Of Pretax Income 2.48% 2.12%
Net Earnings -$36.67M -$37.87M $21.21M $22.53M -$18.79M
YoY Change -3.18% -278.59% -5.88% -219.9%
Net Earnings / Revenue -16.55% -17.85% 7.0% 9.11% -20.45%
Basic Earnings Per Share -$8.97 -$0.39 $0.31 $0.73 -$0.73
Diluted Earnings Per Share -$8.97 -$0.39 $0.26 $0.48 -$0.73

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $21.41M $65.43M $92.49M $1.044M $1.578M
YoY Change -67.28% -29.26% 8760.43% -33.85%
Cash & Equivalents $1.044M $1.578M
Short-Term Investments
Other Short-Term Assets $71.23M $63.20M $69.94M $82.18K $126.0K
YoY Change 12.7% -9.63% 85003.43% -34.79%
Inventory
Prepaid Expenses
Receivables $0.00 $2.007M
Other Receivables $0.00 $0.00
Total Short-Term Assets $97.64M $128.6M $164.4M $1.126M $1.704M
YoY Change -24.1% -21.77% 14502.78% -33.92%
Property, Plant & Equipment $1.215M $1.329M $576.0K
YoY Change -8.58% 130.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $251.2M $250.6M
YoY Change 0.27%
Other Assets $91.00K $91.00K $91.00K
YoY Change 0.0% 0.0%
Total Long-Term Assets $3.225M $3.267M $1.723M $251.2M $250.6M
YoY Change -1.29% 89.61% -99.31% 0.27%
Total Assets $100.9M $131.9M $166.2M $252.4M $252.3M
YoY Change
Accounts Payable $903.0K $1.264M $2.029M $170.9K $118.8K
YoY Change -28.56% -37.7% 1087.11% 43.86%
Accrued Expenses $36.44M $14.91M $11.96M
YoY Change 144.35% 24.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $25.00M
YoY Change -100.0%
Total Short-Term Liabilities $42.30M $42.73M $16.12M $170.9K $221.3K
YoY Change -1.02% 165.03% 9333.07% -22.75%
Long-Term Debt $85.85M $80.70M $101.9M $0.00 $0.00
YoY Change 6.39% -20.81%
Other Long-Term Liabilities $709.0K $1.347M $7.341M $54.14M $22.05M
YoY Change -47.36% -81.65% -86.44% 145.47%
Total Long-Term Liabilities $86.56M $82.04M $109.2M $54.14M $22.05M
YoY Change 5.5% -24.9% 101.79% 145.47%
Total Liabilities $128.9M $124.8M $125.4M $54.31M $22.28M
YoY Change 3.27% -0.47% 130.84% 143.79%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 4.088M shares 98.24M shares 68.50M shares 30.86M shares 25.66M shares
Diluted Shares Outstanding 4.088M shares 98.24M shares 80.57M shares 46.95M shares 25.66M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $32.051 Million

About Katapult Holdings, Inc.

Katapult Holdings, Inc. is an e-commerce focused financial technology company, which engages in the provision of e-commerce point-of-sale (“POS”) lease-purchase options for nonprime U.S. consumers. The company is headquartered in New York City, New York and currently employs 90 full-time employees. The company went IPO on 2019-11-05. The company offers e-commerce point-of-sale (POS) lease-purchase options for non-prime United States consumers. Its fully digital technology platform provides non-prime consumers with a flexible lease-purchase option to enable them to obtain durable goods from Company’s network of e-commerce retailers. The company primarily operates within the virtual lease-to-own (LTO) market. Its LTO platform offers customers an alternative to traditional financing of automotive goods, computers, electronics, home furnishings and other durable goods. The company has launched Katapult Cartridge for business-to-consumer commerce, an omnichannel solution, which is integrated directly with Salesforce and available on AppExchange for consumers who don’t have access to traditional financing or credit. Its platform can be integrated regardless of integration method: platform plug-in, developer documentation, and direct application programming interface.

Industry: Services-Equipment Rental & Leasing, NEC Peers: AMERICAN EXPRESS CO CONSUMER PORTFOLIO SERVICES, INC. CURO Group Holdings Corp. Elevate Credit, Inc. MEDALLION FINANCIAL CORP OLD MARKET CAPITAL Corp Oportun Financial Corp