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Katapult Holdings (Katapult Holdings) Net Income : $-36.7 Mil (TTM As of Dec. 2023)


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What is Katapult Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Katapult Holdings's Net Income for the three months ended in Dec. 2023 was $-18.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-36.7 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Katapult Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-4.37.


Katapult Holdings Net Income Historical Data

The historical data trend for Katapult Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Katapult Holdings Net Income Chart

Katapult Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-18.79 22.53 21.21 -40.47 -36.67

Katapult Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.88 -9.11 -6.41 -2.91 -18.23

Katapult Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Katapult Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-36.501+-0.165+0+0
=-36.7

Katapult Holdings's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-18.116+-0.112+0+-3.5527136788005E-15
=-18.2

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Katapult Holdings  (NAS:KPLT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Katapult Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Katapult Holdings Net Income Related Terms

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Katapult Holdings (Katapult Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5204 Tennyson Parkway, Suite 500, Plano, TX, USA, 75024
Katapult Holdings Inc is a technology driven lease-to-own platform that integrates with omni-channel retailers and e-commerce platforms to power the purchase of everyday durable goods for underserved U.S. non-prime consumers. It is an eCommerce-focused FinTech company offering an innovative lease-purchase solution to consumers and enabling essential transactions at the merchant point of sale. Katapult is associated with hundreds of retailers across the United States.
Executives
Orlando Zayas director, officer: Chief Executive Officer 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Chandan Chopra officer: CHIEF TECHNOLOGY OFFICER 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Bruce Taragin director 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Nancy A Walsh officer: Chief Financial Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Brian Hirsch director C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Lee Einbinder director, officer: CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fangqui Sun officer: CHIEF RISK OFFICER 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Karissa Cupito officer: Chief Financial Officer 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Joyce Ann Phillips director 1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Curo Financial Technologies Corp. director, 10 percent owner 3615 N. RIDGE ROAD, WICHITA KS 67205
Donald Gayhardt director DOLLAR FINANCIAL CORP., 1436 LANCASTER AVE., BERWYN PA 19312
Christopher A Masto director C/O FREIDMAN FLEISCHER & LOWE, ONE MARITIME PLZ 10TH PLZ, SAN FRANCISCO CA 94111
Christopher Towers officer: CHIEF ACCOUNTING OFFICER 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Maloney Tahmineh officer: GENERAL COUNSEL 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024