KPLT Earnings Prediction
The chart below shows how KPLT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KPLT sees a +9.69% change in stock price 10 days leading up to the earnings, and a -7.71% change 10 days following the report. On the earnings day itself, the stock moves by -12.51%. This data can give you a slight idea of what to expect for the next quarter's release.
KPLT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
60.31M
10.03%
2.45%
Gross Margin
28.86%
-3.35%
7.13%
Operating Margin
6.74%
-10.61%
6.14%
Net Margin
-14.74%
99.19%
25.98%
EPS
-2.05
-109.18%
27.33%
No Data Available
KPLT Earnings Analysis
Katapult Holdings, Inc. Common Stock Corporation (KPLT.O) Earnings Conference Call
Positive
Gross Originations Growth: Q3 marked another period of across-the-board progress for us, and we’re proud to deliver our eighth consecutive quarter of gross originations growth.
Strong Revenue and EBITDA Growth: We delivered healthy revenue growth and a solid adjusted EBITDA.
Diversified Originations Growth: Throughout 2024, we have successfully diversified our gross originations base by adding new direct and waterfall merchants and rapidly growing Katapult Pay originations.
Q3 Gross Originations Growth: More than 58% of our total Q3 gross originations, excluding Wayfair, grew more than 37% year-over-year, up from 20% year-over-year growth we achieved in Q2.
Customer Engagement Metrics: During Q3, our customer repeat purchase rate was 60.3%, cross shopping activity grew by approximately 62% and our NPS score was 61.
Negative
Gross Originations Growth: Q3 marked another period of a cross the board progress for us, and we're proud to deliver our eighth consecutive quarter of gross originations growth.
Gross Originations Increase: Gross originations grew 3.3% to $51.2 million in the third quarter, and on a two-year stack basis, our gross originations grew 16%.
Home Furnishings Challenges: Unfortunately, this did not happen for home furnishings, including our business with Wayfair.
Operating Expenses Consistency: During the third quarter, total OpEx as a percentage of revenue was approximately the same as Q3 2023 and within our target range of 8% to 10%.
Metric Performance Stability: During the third quarter, this metric was 9.5% approximately flat compared to Q3 2023 and within our target range of 8% to 10%.
KPLT FAQs
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KPLT Earning Call Sentiment
Katapult Holdings, Inc. (KPLT) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
KPLT.O
1.23%Positive
The earnings call presents a mixed picture with some positive financial metrics like revenue growth and gross profit, but significant concerns such as litigation costs, competitive pressures, and macroeconomic challenges. The Q&A section reveals uncertainties about credit facility terms and potential legal issues. Despite new partnerships, the lack of shareholder return initiatives and a challenging environment contribute to a negative sentiment. The absence of a market cap makes it difficult to predict the exact impact, but overall, the sentiment leans towards a negative market reaction.
