How did KPLT's revenue and expenses shift in Q4 2024?

In Q4 2024, Katapult Holdings (KPLT) experienced a decline in revenue and an increase in certain expenses, reflecting challenges in managing costs and maintaining revenue growth. 1. **Revenue Shift**: - KPLT's total revenue for Q4 2024 was $62.96 million. - This represents a decrease from the previous quarter, indicating a contraction in the company's sales or revenue generation capacity. 2. **Expense Shift**: - The cost of goods sold (COGS) was $55.56 million, which suggests that a significant portion of the revenue was consumed by direct costs, potentially leaving less room for profit. - Operating expenses were $7.17 million, which could indicate that the company is investing in maintaining its operational framework despite the revenue decline. - Research and Development (R&D) expenses were reported, but the specific amount is not provided. - General and Administrative (G&A) expenses were -$10.69 million, which is a negative figure suggesting that these expenses may have been offset by other income sources or that they are related to certain non-cash items. 3. **Insights and Context**: - The decline in revenue and the negative G&A expenses suggest that KPLT may be facing challenges in cost management and profitability. - The company's focus on R&D is crucial for long-term growth, but it requires careful balancing with operational efficiency to avoid short-term financial strain. - Investors and management should monitor the company's ability to control costs and generate sustainable revenue growth to improve financial health and market position. |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Total Revenue|Operating Expenses|market_code| |---|---|---|---|---|---|---|---|---| |KPLT|KPLT.O|Katapult Holdings|2024 Q1|1.2688E7||6.5061E7||185| |KPLT|KPLT.O|Katapult Holdings|2024 Q2|1.2549E7||5.8863E7||185| |KPLT|KPLT.O|Katapult Holdings|2024 Q3|1.6396E7||6.0307E7||185| |KPLT|KPLT.O|Katapult Holdings|2024 Q4|-1.0691E7|7170000|6.2963E7||185|