KPLT

Katapult Holdings, Inc. Files Annual Report on Form 10-K

Retrieved on: 
Wednesday, April 24, 2024

PLANO, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (Nasdaq: KPLT) (“Katapult” or the “Company”), today announced the filing of its Annual Report on Form 10-K for the year ended December 31, 2023 (the “Form 10-K”).

Key Points: 
  • PLANO, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (Nasdaq: KPLT) (“Katapult” or the “Company”), today announced the filing of its Annual Report on Form 10-K for the year ended December 31, 2023 (the “Form 10-K”).
  • As disclosed in the Form 10-K, the filing cures a listing deficiency set forth in a notice the Company received from Nasdaq on April 18, 2024.
  • The notice stated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed the Form 10-K with the SEC.
  • With the filing of its Form 10-K, Katapult has received notice from Nasdaq that it has regained compliance with this listing requirement.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Katapult Holdings, Inc. - KPLT

Retrieved on: 
Wednesday, April 24, 2024

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT).

Key Points: 
  • NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT).
  • The investigation concerns whether Katapult and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Katapult Holdings, Inc. - KPLT

Retrieved on: 
Tuesday, April 16, 2024

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT).

Key Points: 
  • NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT).
  • The investigation concerns whether Katapult and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

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

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

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

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

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

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

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

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.