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.<h3>Segment Revenue</h3><ul><li>Gross Originations: $64.2 million, an increase of 25.3% YoY. Excluding the home furnishings and mattress category, gross originations grew approximately 50% YoY.</li><li>Total Revenue: $74.0 million, an increase of 22.8% YoY.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: $4.9 million for Q3 2025, an improvement from a net loss of $8.9 million in Q3 2024. The improvement was driven by a decrease in litigation settlement expenses of $3.2 million and a $2.1 million decrease in compensation costs, partially offset by $1.0 million in transaction-related costs.</li><li>Adjusted Net Loss: $1.0 million for Q3 2025, an improvement from an adjusted net loss of $4.1 million in Q3 2024.</li><li>Adjusted EBITDA: $4.4 million for Q3 2025, an improvement from $0.6 million in Q3 2024.</li><li>Gross Profit: $14.6 million for Q3 2025, up from $11.9 million in Q3 2024.</li><li>Operating Expenses: Decreased by $4.3 million YoY. Fixed cash operating expenses decreased by 21.4% YoY.</li><li>Write-offs as a Percentage of Revenue: 9.9% in Q3 2025, within the company’s long-term target range of 8% to 10%, compared to 9.3% in Q3 2024.</li></ul><h3>Cash Flow</h3><ul><li>Total Cash and Cash Equivalents: $9.0 million, including $5.6 million of restricted cash.</li><li>Outstanding Debt: $79.6 million on its revolving credit facility.</li></ul><h3>Unique Metrics</h3><ul><li>Total Applications: Grew ~80% YoY in Q3 2025.</li><li>Katapult App Marketplace: 61% of Q3 gross originations started in the Katapult app marketplace, with total app marketplace gross originations growing 44% YoY.</li><li>Repeat Customers: Approximately 55% of gross originations for Q3 2025 came from repeat customers.</li><li>KPay Conversion Rate: Increased during Q3, leading to a 76% YoY growth in unique KPay customer count. KPay gross originations grew approximately 66% YoY, with 41% of total gross originations transacted using KPay.</li><li>Merchant Engagement: Direct and waterfall gross originations, representing approximately 59% of total Q3 originations, grew 6%. Excluding the home furnishings and mattress category, these gross originations grew approximately 42%.</li></ul><h3>Outlook / Guidance</h3><ul><li>Q4 2025: Katapult expects a 15% to 20% YoY increase in gross originations, a 21% to 23% YoY increase in revenue, and approximately $2 million of Adjusted EBITDA.</li><li>Full Year 2025: Gross originations are expected to grow between 20% and 23%, revenue is expected to grow between 18% and 20%, and Adjusted EBITDA is expected to be between $8 million and $9 million.</li></ul>

KATAPULT HLDGS INC C/WTS 09/06/2026 (TO PUR COM) | 8-K: FY2025 Q3 Revenue: USD 74.04 M