de-SPACed company
Duik na slecht Q2 van $19 naar $3 , nu $6 8.1M verlies
Wannabe Fintech ? Koop nu- betaal later.
Positieve kaspositie 100M

Amazon-Afirm-Katapult
Einde van stimulus kan positief zijn
Speculatief, zou een groeiverhaal kunnen worden

https://fintel.io/ss/us/kplt

0 aandelen beschikbaar om te lenen.

Katapult Is Primed, But The Target Is Unknown

Shorts have now found themselves in a, particularly vulnerable spot. Allowing maintenance to get out of hand, shorts have found their Katapult investment is about to backfire into a painful failure to deliver threshold. Approaching 2.5 million shares the market can only offer approximately 1 Million shares for shorts to load up on per Ortex.

Utilization has surpassed 97% and costs to borrow hovers around 30%. The borrow fee rested at 24%. Total short shares exceed 12.8 million.

If retailers obtain the upperhand, there will be no retreat for shorts and they will be completely at the mercy of the same warriors who staged campaigns against Gamestop (NYSE:GME) and AMC (NYSE:AMC).

With factors of a short squeeze, high risk, high reward and organic supporters leading the way, $KPLT has the tension to launch itself to the moon. Or face down into the dirt. It all depends on the missteps of management and hubris of shorts

https://markets.businessinsider.com/new ... 1030864279

Ga dit volgen.
Zit wel potentie in denk ik

Katapult Announces Third Quarter 2021 Financial Results


https://ir.katapultholdings.com/news-re ... al-results

Stevig gedaald vandaag.
Blijft op mijn watch list staan.

Ik ben er in gestapt aan $4.43 per stuk.

Ja, eergisteren even getwijfeld om in te stappen
Voorlopig eraf gebleven.

Overname of omhoog lullen van het aandeel ?

https://www.globenewswire.com/en/news-r ... ctors.html

Ladies and Gentlemen:

Infinitum Asset Management LLC, together with its affiliates (“we” or “Infinitum”) owns 1.25 million shares (approximately 1.3%) of Katapult Holdings Inc. (“Katapult” or the “Company”).

Het is bijna Verdi,
DOOM en Onweer,
Since going public through a merger with FinServ Acquisition Corp. (the “SPAC”) in June 2021 at an almost $1 billion valuation, roughly 80% of Katapult’s equity value has been destroyed under its current management and board of directors (the “Board”).

Straaltje zon tussen wolken,
Katapult’s dismal performance of late starkly contrasts with its previous track record as a private company, when its growth was outstanding by any metric (139% Revenue CAGR from 2018 to 2020).

Veel onweer en storm,
Despite concerning financial numbers, including growing bad debt expenses, the Company announced “targeted growth investment” initiatives in Q3 2021, including added headcount despite no meaningful increase in originations and without justifying a clear projection for growth. By the time of the Q3 2021 earnings call, management blamed these growth expenses, in addition to costs associated with being a public Company, for increasing operational costs and lackluster results. By the end of Q4 2021, SG&A had ballooned from $1mm to $4mm per the quarter. When its debt expense grew further to 13% – a level significantly out of line with the Katapult’s competitors – the Company announced that, unlike its competitors, it would no longer report bad debt expense going forward. While originations had declined 25% YTD through end of February 2022, the Company continued to try and hire its way to scale, with no growth to show for it. Management blamed this on reasons ranging from the government stimulus program and seasonality, to inventory limitations and the general credit environment.
Amidst the dramatic deterioration during 2021, the Board seems to have remained out of touch

En daar is de zon,
and would still be better off as a private company today and for the foreseeable future. Therefore, we urge the Board to immediately engage with financial and legal advisors to commence a full strategic review. Based on current market comps, we believe that the[glow] Company could be worth $8-10 per share to a strategic buyer or a banking institution.[/glow]


Koers: $2.52 E/P: $0.26 SI: +/- 9%