The latest update is out from Katapult Holdings ( (KPLT) ).
On April 11, 2025, Joyce Phillips informed Katapult Holdings Inc. that she will not stand for reelection at the Company’s 2025 Annual Meeting of Shareholders. Her decision was not related to any disagreement with the Company on its operations, policies, or practices.
Spark’s Take on KPLT Stock
According to Spark, TipRanks’ AI Analyst, KPLT is a Neutral.
Katapult Holdings faces critical financial challenges with negative profitability and cash flows, and a heavily leveraged balance sheet. Despite positive earnings call highlights, including growth in originations and a return to positive EBITDA, the financial instability and valuation concerns significantly weigh on the stock’s attractiveness.
To see Spark’s full report on KPLT stock, click here.
More about Katapult Holdings
YTD Price Performance: 33.54%
Average Trading Volume: 71,840
Technical Sentiment Signal: Strong Buy
Current Market Cap: $34.71M
See more data about KPLT stock on TipRanks’ Stock Analysis page.