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Katapult Holdings (Katapult Holdings) Gross Profit : $41.7 Mil (TTM As of Dec. 2023)


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What is Katapult Holdings Gross Profit?

Katapult Holdings's gross profit for the three months ended in Dec. 2023 was $4.7 Mil. Katapult Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $41.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Katapult Holdings's gross profit for the three months ended in Dec. 2023 was $4.7 Mil. Katapult Holdings's Revenue for the three months ended in Dec. 2023 was $56.1 Mil. Therefore, Katapult Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 8.37%.

Katapult Holdings had a gross margin of 8.37% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Katapult Holdings was 32.28%. The lowest was 17.85%. And the median was 22.48%.


Katapult Holdings Gross Profit Historical Data

The historical data trend for Katapult Holdings's Gross Profit 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 Gross Profit Chart

Katapult Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
20.66 79.79 88.99 37.41 41.71

Katapult Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 5.53 13.50 10.70 12.81 4.70

Competitive Comparison of Katapult Holdings's Gross Profit

For the Software - Infrastructure subindustry, Katapult Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Katapult Holdings's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Katapult Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Katapult Holdings's Gross Profit falls into.



Katapult Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=221.588 - 179.881
=41.7

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=56.091 - 51.395
=4.7

Gross Profit 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 $41.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Katapult Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.7 / 56.091
=8.37 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Katapult Holdings  (NAS:KPLT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Katapult Holdings had a gross margin of 8.37% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Katapult Holdings Gross Profit 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