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KPLT - Katapult Holdings GAAP EPS of -$0.06 revenue of $59.88M
Katapult Holdings Inc.
Katapult Holdings press release (NASDAQ:KPLT): Q1 GAAP EPS of -$0.06. Revenue of $59.88M (-25.7% Y/Y). Gross originations for the first quarter were $46.7 million, a 27% decline from the prior year due to ongoing macro challenges. Added 27 new merchants in the first quarter 2022. Adjusted EBITDA was -$4.2M for the first quarter 2022, down from $14.6M in the prior year period.