As filed with the Securities and Exchange Commission on July 25, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 KATAPULT HOLDINGS, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) 5360 Legacy Drive, Building 2 Plano, TX 75024 (833) 528-2785 DELAWARE 7359 84-270429 ...

Core Insights - Katapult Holdings, Inc. reported strong financial results for Q1 2025, with double-digit growth in gross originations and revenue, driven by increased engagement in its app marketplace [3][5][9] - The company is optimistic about achieving its full-year targets for 2025, expecting gross originations to grow at least 20% [9][11] Financial Performance - Gross originations for Q1 2025 reached $64.2 million, a 15.4% increase year-over-year, with total revenue at $71.9 million, up 10.6% [5][31] - The company experienced a net loss of $5.7 million in Q1 2025, compared to a net loss of $0.6 million in Q1 2024, primarily due to higher costs [5][31] - Adjusted EBITDA for Q1 2025 was $2.2 million, down from $5.6 million in Q1 2024, impacted by increased costs associated with rapid growth [5][36] Market Engagement - Approximately 59% of gross originations in Q1 2025 originated from the Katapult app marketplace, marking it as the largest customer referral source [5] - KPay gross originations grew approximately 57% year-over-year, with a unique customer count increase of over 65% [5][11] Business Outlook - The company plans to introduce new merchants to its app marketplace in 2025, aiming to leverage its strategic marketing and strong consumer offerings to drive growth [8][9] - Katapult expects to maintain strong credit quality in its portfolio, supported by enhancements to risk modeling and onboarding high-quality merchants [15] Key Metrics - Customer satisfaction remains high, with a Net Promoter Score of 66 as of March 31, 2025 [5] - Write-offs as a percentage of revenue were 9.0% in Q1 2025, within the company's long-term target range of 8% to 10% [13]

Company Overview - Upbound Group, Inc. (formerly Rent-A-Center, Inc.) is a leading lease-to-own provider with operations in the United States, Puerto Rico, and Mexico, offering consumers access to high-quality, durable products under flexible lease purchase agreements without long-term debt obligations [11] Investment Ratings - Upbound Group is rated 2 (Buy) on the Zacks Rank, indicating a favorable investment outlook [12] - The company has a VGM Score of B, suggesting a combination of attractive value, growth, and momentum characteristics [12] Performance Metrics - Upbound Group's shares have increased by 10.1% over the past four weeks, indicating strong momentum [12] - The Zacks Consensus Estimate for fiscal 2025 has risen by $0.04 to $4.14 per share, reflecting positive earnings revisions from analysts [12] - The company boasts an average earnings surprise of 4.8%, highlighting its ability to exceed earnings expectations [12] Style Scores - Upbound Group has a Momentum Style Score of B, which is beneficial for momentum investors looking for stocks with upward price trends [12] - The combination of a solid Zacks Rank and top-tier Momentum and VGM Style Scores positions Upbound Group as a strong candidate for investors [13]