Katapult Holdings (Katapult Holdings) Gross Margin % : 8.37% (As of Dec. 2023)

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What is Katapult Holdings Gross Margin %?

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%.

The historical rank and industry rank for Katapult Holdings's Gross Margin % or its related term are showing as below:

KPLT' s Gross Margin % Range Over the Past 10 Years
Min: 17.85 Med: 22.48 Max: 32.28
Current: 18.82

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%.

KPLT's Gross Margin % is ranked worse than
83.45% of 2628 companies
in the Software industry
Industry Median: 41.71 vs KPLT: 18.82

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

The 5-Year average Growth Rate of Gross Margin for Katapult Holdings was 0.00% per year.

Katapult Holdings Gross Margin % Historical Data

The historical data trend for Katapult Holdings's Gross Margin % 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 Margin % Chart

Katapult Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

22.48

32.28

29.36

17.85

18.82

Katapult Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial											11.95	24.25	19.60	23.19	8.37

Competitive Comparison of Katapult Holdings's Gross Margin %

For the Software - Infrastructure subindustry, Katapult Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Margin % Distribution in the Software Industry

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

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

Katapult Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

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

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	41.7	/	221.588
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(221.588 - 179.881)	/	221.588
	=	18.82 %

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 )
	=	4.7	/	56.091
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(56.091 - 51.395)	/	56.091
	=	8.37 %

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 Margin % 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

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Katapult Holdings Gross Margin % Related Terms

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Katapult Holdings (Katapult Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Katapult Holdings Inc (NAS:KPLT) » Definitions » Gross Margin %

Comparable Companies

SNCR AUID APCX LIDR MRDB APGT USIO GRRR SOS CISO MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

5204 Tennyson Parkway, Suite 500, Plano, TX, USA, 75024

Website

https://www.katapult.com

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