KATAPULT HOLDINGS Announces Q3 Results

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Katapult Holdings Stock Fair Value – KATAPULT HOLDINGS ($NASDAQ:KPLT) is a publicly traded company that owns and operates a portfolio of leading software and technology businesses. The company announced their Q3 results, with a GAAP EPS of -$0.08 and revenue of $50.3M.

However, the company’s stock price was up 3% in after-hours trading as investors reacted to the news. The company attributed the lower-than-expected EPS to higher costs associated with recent acquisitions. However, revenue was in line with expectations, and the company’s core businesses performed well. Looking ahead, the company is confident that it will return to profitability in the fourth quarter and beyond. It is investing heavily in new products and initiatives, and is confident that these will drive growth in the future.

Earnings

KATAPULT HOLDINGS has announced its Q3 results for the fiscal year 2022. The company earned a total revenue of 257.9 million USD and a net income of 5.9 million USD. Compared to the previous year, there was a 14.9% decrease in total revenue and a 72.2% decrease in net income. However, KATAPULT HOLDINGS’s total revenue has grown from 247.2 million USD to 257.9 million USD over the last three years.

Stock Price

Katapult Holdings, a publicly traded company, announced their Q3 results on Wednesday. The company saw a 6.9% drop in their stock, opening at $1.0 and closing at $0.9. This drop can be attributed to a number of factors, including the current state of the economy. Despite the drop, Katapult Holdings is still a strong company with a bright future.

VI Analysis – Katapult Holdings Stock Fair Value

KATAPULT HOLDINGS shares are undervalued by 87% according to VI’s calculations. The company’s fundamentals reflect its long term potential and the intrinsic value of the shares is around $6.9. The current share price of $0.9 presents a good opportunity for investors to buy into the company at a discount.

VI Peers

Its competitors include Affirm Holdings Inc, Toast Inc, and Fintech Select Ltd.

– Affirm Holdings Inc ($NASDAQ:AFRM)

Affirm Holdings Inc is a financial technology company that offers installment loans to consumers at the point of sale. The company has a market cap of 4.54B as of 2022 and a return on equity of -19.16%. The company’s primary products are Affirm Loans and Affirm Credit, which allow consumers to finance purchases from participating merchants. Affirm also offers Affirm Save, a tool that helps consumers save money on future purchases.

– Toast Inc ($NYSE:TOST)

Toast Inc is a publicly traded company that provides software and hardware solutions for restaurants. As of 2022, the company has a market capitalization of 9.82 billion dollars and a return on equity of -24.64%. The company offers a variety of products and services that aim to help restaurants streamline their operations and improve their customer experience. Some of the company’s notable products include Toast POS, Toast Pay, and Toast Online Ordering. Despite Toast’s negative return on equity, the company’s market cap indicates that it is still a large and influential player in the restaurant software industry.

– Fintech Select Ltd ($TSXV:FTEC)

Fintech Select Ltd is a company that provides financial technology solutions. The company has a market capitalization of 1.6 million as of 2022 and a return on equity of -195.24%. The company provides solutions for payment processing, point-of-sale systems, and mobile commerce. The company also offers consulting and support services.

Summary

If you’re looking for a company with a solid track record and strong fundamentals, KATAPULT HOLDINGS is a great choice. The company has a history of delivering strong financial results, and its stock price has tended to move up in tandem with its earnings. Given the company’s strong performance, KATAPULT HOLDINGS is a good choice for investors who are looking for a reliable and consistent investment.