Katapult Holdings Inc（KPLT）資訊與事件KPLTKatapult Holdings Inc

Katapult Holdings Trading Halted Due to Volatility

Katapult Holdings trading halted, volatility trading pause

Katapult Q2 Revenue $74.76M, Below Consensus

Reports Q2 revenue $74.76M, consensus $79.05M. "This quarter we achieved our 15th consecutive quarter of gross originations growth, which reflects both the demand for our lease-to-own product and the dedication of our team," said Orlando Zayas, CEO of Katapult. "Our consistently high Net Promoter Scores and repeat customer rates demonstrate the trusted relationships we've built with consumers and merchant-partners alike, and I'm incredibly proud of what our team has accomplished. As we approach the completion of our transaction with Aaron's and CCF Holdings, we remain confident that this combination will deliver meaningful benefits for all of our stakeholders. Together, we are creating a scaled, omnichannel platform with a comprehensive suite of financial solutions that will enable us to serve even more nonprime consumers, and I couldn't be more excited about the road ahead."

Katapult Reports Q1 Revenue of $79.0M

Reports Q1 revenue $79.0M vs. $71.95M last year. "We remain focused on providing the innovative, transparent and reliable LTO platform that our customers want and deserve," said Orlando Zayas, CEO. "We believe our healthy Net Promoter Scores and repeat customer rates combined with increasing customer lifetime value, demonstrate the affinity consumers across the US have for Katapult. While our first quarter gross originations performance was impacted by macroeconomic headwinds, we posted our 14th consecutive quarter of growth and early in the second quarter, we are already seeing a bit of acceleration. Our revenue growth remained strong and this coupled with our continued focus on fiscal responsibility allowed us to deliver more than $6.4M in Adjusted EBITDA. As we continue to hit new operating milestones, we are looking forward to consummating our pending merger with Aaron's and CCF Holdings. We believe this combination will enhance our ability to meet the evolving needs of nonprime consumers by creating the scale and scope we need to unlock the value of our business model. We are very excited about the future."