Katapult Holdings, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 47.9 million compared to USD 73.26 million a year ago. Revenue was USD 48.85 million compared to USD 73.3 million a year ago.

Net loss was USD 14.43 million compared to net income of USD 7.48 million a year ago. Basic loss per share from continuing operations was USD 3.75 compared to basic earnings per share from continuing operations of USD 2 a year ago. Diluted loss per share from continuing operations was USD 3.75 compared to diluted earnings per share from continuing operations of USD 1.75 a year ago.