KATAPULT HLDGS INC C/WTS 09/06/2026 (TO PUR COM) | 10-Q: FY2025 Q3 Revenue: USD 74.04 M

Revenue: As of FY2025 Q3, the actual value is USD 74.04 M.

EPS: As of FY2025 Q3, the actual value is USD -0.94.

EBIT: As of FY2025 Q3, the actual value is USD 8.352 M.

Segment Revenue

• Rental Revenue: $72,778 for the three months ended September 30, 2025, compared to $59,609 for the same period in 2024, representing a 22.1% increase.
• Other Revenue: $1,266 for the three months ended September 30, 2025, compared to $698 for the same period in 2024, representing an 81.4% increase.

Operational Metrics

• Gross Profit: $14,552 for the three months ended September 30, 2025, compared to $11,949 for the same period in 2024, representing a 21.8% increase.
• Operating Expenses: $12,089 for the three months ended September 30, 2025, compared to $16,396 for the same period in 2024, representing a 26.3% decrease.
• Net Loss: - $4,949 for the three months ended September 30, 2025, compared to - $8,888 for the same period in 2024, representing a 44.3% decrease.

Cash Flow

• Net Cash Provided by Operating Activities: $796 for the nine months ended September 30, 2025, compared to - $4,070 for the same period in 2024.
• Net Cash Used in Investing Activities: - $961 for the nine months ended September 30, 2025, compared to - $656 for the same period in 2024.
• Net Cash Used in Financing Activities: - $7,431 for the nine months ended September 30, 2025, compared to $6,208 for the same period in 2024.

Unique Metrics

• Gross Originations: $64,187 for the three months ended September 30, 2025, compared to $51,210 for the same period in 2024, representing a 25.3% increase.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue leveraging its mobile app featuring Katapult Pay to drive growth in gross originations and expand its network of merchant partners.
• Non-Core Business: The company is exploring strategic alternatives to repay the Term Loan, including equity capital raises, a sale of the business, or refinancing the Refinancing Agreement.

Priority

• The company emphasizes strategies with concrete projections, such as maintaining minimum liquidity of at least $5.0 million in unrestricted cash and cash equivalents as of the last business day of any calendar week.