katapult provides a no credit required alternative to traditional financing. we partner with both online and brick and mortar retailers nationwide so they can provide purchasing power to the underserved sub-prime consumer market. this allows them to grow sales and attract an entirely new customer base. the options for subprime consumers are limited. they don't qualify for traditional credit so they are forced to shop at rent to own stores, where the selection and expertise are limited, buy used, or go without. with katapult, subprime customers can now have a normal shopping experience with the retailers they love both online and in-store. for our retailers the process is easy, funding is quick and there is no special equipment needed. for our online partners we have integrations with many of the major ecommerce platforms so integrating online can be a short process. plus we also support custom integrations. for the consumer, getting approved is quick and easy. with approvals up to
Company profile
Ticker
KPLT
Exchange
Website
CEO
Lee Einbinder
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FinServ Acquisition Corp.
SEC CIK
Corporate docs
IRS number
842704291
KPLT stock data
Latest filings (excl ownership)
424B3
Prospectus supplement
14 Mar 24
8-K
Katapult Grows Fourth Quarter Gross Originations by 13% Year-Over-Year; Second Highest Gross Originations Volume in Company History
14 Mar 24
424B3
Prospectus supplement
1 Feb 24
8-K
Katapult Announces Double-Digit Preliminary Gross Originations and Revenue Growth for Fourth Quarter 2023
1 Feb 24
8-K
Amendments to Articles of Incorporation or Bylaws
28 Dec 23
424B3
Prospectus supplement
8 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Katapult Delivers 10% Year-Over-Year Revenue Growth In Third Quarter 2023
8 Nov 23
424B3
Prospectus supplement
9 Aug 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
Transcripts
KPLT
Earnings call transcript
2023 Q3
8 Nov 23
KPLT
Earnings call transcript
2023 Q2
9 Aug 23
KPLT
Earnings call transcript
2023 Q1
11 May 23
KPLT
Earnings call transcript
2022 Q4
9 Mar 23
KPLT
Earnings call transcript
2022 Q3
9 Nov 22
KPLT
Earnings call transcript
2022 Q2
9 Aug 22
KPLT
Earnings call transcript
2022 Q1
10 May 22
KPLT
Earnings call transcript
2021 Q4
15 Mar 22
KPLT
Earnings call transcript
2021 Q3
9 Nov 21
KPLT
Earnings call transcript
2021 Q2
10 Aug 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 38.87 mm | 38.87 mm | 38.87 mm | 38.87 mm | 38.87 mm | 38.87 mm |
Cash burn (monthly) | 900.67 k | 3.56 mm | 965.00 k | 2.57 mm | (no burn) | 2.25 mm |
Cash used (since last report) | 5.39 mm | 21.31 mm | 5.78 mm | 15.41 mm | n/a | 13.49 mm |
Cash remaining | 33.48 mm | 17.56 mm | 33.09 mm | 23.46 mm | n/a | 25.38 mm |
Runway (months of cash) | 37.2 | 4.9 | 34.3 | 9.1 | n/a | 11.3 |
Institutional ownership, Q2 2022
57.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 27.39 mm |
Total shares | 2.33 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Kershner Trading Americas,LLC | 1.74 mm | $19.99 mm |
Integrated Core Strategies | 309.40 k | $3.87 mm |
Linden Capital | 282.98 k | $3.54 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Orlando Zayas | Common Stock | Payment of exercise | Dispose F | No | No | 14.13 | 2,781 | 39.30 k | 125,319 |
15 Mar 24 | Nancy A Walsh | Common Stock | Payment of exercise | Dispose F | No | No | 14.13 | 3,394 | 47.96 k | 32,895 |
15 Mar 24 | Christopher Towers | Common Stock | Payment of exercise | Dispose F | No | No | 14.13 | 556 | 7.86 k | 10,504 |
15 Mar 24 | Derek Medlin | Common Stock | Payment of exercise | Dispose F | No | No | 14.13 | 1,918 | 27.10 k | 47,041 |
15 Mar 24 | Chandan Chopra | Common Stock | Payment of exercise | Dispose F | No | No | 14.13 | 1,081 | 15.27 k | 20,743 |
News
Why Limbach Holdings Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
14 Mar 24
Katapult For Q1 2024 Expects Revenue To Increase 12% To 14% YoY; And For Fiscal 2024 Expects Revenue Growth To Be At Least 10% YoY
14 Mar 24
Katapult Holdings Q4 2023 Adj EPS $(1.47) Beats $(1.79) Estimate, Sales $56.709M Beat $55.815M Estimate
14 Mar 24
Earnings Scheduled For March 14, 2024
14 Mar 24
Earnings Preview: Katapult Holdings
13 Mar 24
Press releases
Fuel Me Secures $18 Million in Oversubscribed Series A to Redefine Fuel Procurement as We Know It
20 Mar 24
Katapult Grows Fourth Quarter Gross Originations by 13% Year-Over-Year; Second Highest Gross Originations Volume in Company History
14 Mar 24
Katapult to Announce Fourth Quarter and Full Year 2023 Financial Results on March 14, 2024
5 Mar 24
Katapult Announces Double-Digit Preliminary Gross Originations and Revenue Growth for Fourth Quarter 2023
1 Feb 24