vs
Side-by-side financial comparison of Katapult Holdings, Inc. (KPLT) and WM TECHNOLOGY, INC. (MAPS). Click either name above to swap in a different company.
Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $43.1M, roughly 1.7× WM TECHNOLOGY, INC.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -8.3%, a 35.1% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs -9.7%). WM TECHNOLOGY, INC. produced more free cash flow last quarter ($-280.0K vs $-12.0M). Over the past eight quarters, Katapult Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs -1.5%).
Katapult Holdings, Inc. is a U.S.-based fintech company that provides accessible point-of-sale lease-to-purchase solutions for consumers with limited or no traditional credit history. It partners with a wide network of e-commerce platforms and brick-and-mortar retail merchants across segments including electronics, furniture and home goods to offer flexible payment plans for customers to obtain needed products.
WM Entertainment is a South Korean entertainment company established in 2008 by former singer Lee Won-min. The company is responsible for managing artist Oh My Girl. On April 7, 2021, the company was acquired by RBW.
KPLT vs MAPS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $73.9M | $43.1M |
| Net Profit | $19.8M | $-3.6M |
| Gross Margin | 15.6% | 94.9% |
| Operating Margin | -1.4% | -13.5% |
| Net Margin | 26.8% | -8.3% |
| Revenue YoY | 17.3% | -9.7% |
| Net Profit YoY | 307.3% | -251.9% |
| EPS (diluted) | $3.69 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $73.9M | $43.1M | ||
| Q3 25 | $74.0M | $42.2M | ||
| Q2 25 | $71.9M | $44.8M | ||
| Q1 25 | $71.9M | $44.6M | ||
| Q4 24 | $63.0M | $47.7M | ||
| Q3 24 | $60.3M | $46.6M | ||
| Q2 24 | $58.9M | $45.9M | ||
| Q1 24 | $65.1M | $44.4M |
| Q4 25 | $19.8M | $-3.6M | ||
| Q3 25 | $-4.9M | $2.5M | ||
| Q2 25 | $-7.8M | $1.4M | ||
| Q1 25 | $-5.7M | $1.6M | ||
| Q4 24 | $-9.6M | $2.4M | ||
| Q3 24 | $-8.9M | $3.3M | ||
| Q2 24 | $-6.9M | $716.0K | ||
| Q1 24 | $-570.0K | $1.2M |
| Q4 25 | 15.6% | 94.9% | ||
| Q3 25 | 19.7% | 95.0% | ||
| Q2 25 | 15.5% | 94.9% | ||
| Q1 25 | 19.9% | 95.0% | ||
| Q4 24 | 11.8% | 95.2% | ||
| Q3 24 | 19.8% | 95.3% | ||
| Q2 24 | 16.9% | 95.1% | ||
| Q1 24 | 25.3% | 94.8% |
| Q4 25 | -1.4% | -13.5% | ||
| Q3 25 | 3.3% | 4.6% | ||
| Q2 25 | -2.0% | 4.4% | ||
| Q1 25 | -0.7% | 5.9% | ||
| Q4 24 | -7.7% | 9.6% | ||
| Q3 24 | -7.4% | 11.2% | ||
| Q2 24 | -4.5% | 2.7% | ||
| Q1 24 | 5.8% | 8.5% |
| Q4 25 | 26.8% | -8.3% | ||
| Q3 25 | -6.7% | 5.8% | ||
| Q2 25 | -10.9% | 3.2% | ||
| Q1 25 | -7.9% | 3.7% | ||
| Q4 24 | -15.2% | 4.9% | ||
| Q3 24 | -14.7% | 7.2% | ||
| Q2 24 | -11.7% | 1.6% | ||
| Q1 24 | -0.9% | 2.8% |
| Q4 25 | $3.69 | — | ||
| Q3 25 | $-0.94 | — | ||
| Q2 25 | $-1.63 | — | ||
| Q1 25 | $-1.23 | $0.02 | ||
| Q4 24 | $-2.17 | — | ||
| Q3 24 | $-2.05 | — | ||
| Q2 24 | $-1.61 | — | ||
| Q1 24 | $-0.13 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $22.4M | $62.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-38.1M | $57.2M |
| Total Assets | $107.9M | $190.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $62.4M | ||
| Q3 25 | $3.4M | — | ||
| Q2 25 | $3.7M | — | ||
| Q1 25 | $6.0M | — | ||
| Q4 24 | $3.5M | $52.0M | ||
| Q3 24 | $25.9M | — | ||
| Q2 24 | $33.7M | — | ||
| Q1 24 | $31.2M | — |
| Q4 25 | $-38.1M | $57.2M | ||
| Q3 25 | $-58.4M | $56.9M | ||
| Q2 25 | $-54.1M | $52.7M | ||
| Q1 25 | $-51.7M | $48.5M | ||
| Q4 24 | $-46.8M | $36.1M | ||
| Q3 24 | $-40.3M | $29.5M | ||
| Q2 24 | $-32.9M | $24.5M | ||
| Q1 24 | $-27.5M | $20.8M |
| Q4 25 | $107.9M | $190.7M | ||
| Q3 25 | $85.9M | $192.9M | ||
| Q2 25 | $90.6M | $188.1M | ||
| Q1 25 | $88.5M | $183.8M | ||
| Q4 24 | $93.2M | $181.9M | ||
| Q3 24 | $92.0M | $173.6M | ||
| Q2 24 | $106.6M | $168.0M | ||
| Q1 24 | $106.6M | $165.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-11.9M | $3.0M |
| Free Cash FlowOCF − Capex | $-12.0M | $-280.0K |
| FCF MarginFCF / Revenue | -16.2% | -0.7% |
| Capex IntensityCapex / Revenue | 0.0% | 7.7% |
| Cash ConversionOCF / Net Profit | -0.60× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $13.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.9M | $3.0M | ||
| Q3 25 | $4.0M | $6.4M | ||
| Q2 25 | $-6.6M | $11.1M | ||
| Q1 25 | $3.4M | $5.7M | ||
| Q4 24 | $-32.6M | $9.4M | ||
| Q3 24 | $-5.4M | $7.2M | ||
| Q2 24 | $-628.0K | $12.7M | ||
| Q1 24 | $2.0M | $7.4M |
| Q4 25 | $-12.0M | $-280.0K | ||
| Q3 25 | $4.0M | $3.6M | ||
| Q2 25 | — | $8.2M | ||
| Q1 25 | $3.4M | $2.0M | ||
| Q4 24 | $-32.6M | $7.3M | ||
| Q3 24 | $-5.4M | $4.9M | ||
| Q2 24 | $-653.0K | $10.1M | ||
| Q1 24 | — | $2.9M |
| Q4 25 | -16.2% | -0.7% | ||
| Q3 25 | 5.4% | 8.4% | ||
| Q2 25 | — | 18.3% | ||
| Q1 25 | 4.7% | 4.5% | ||
| Q4 24 | -51.8% | 15.2% | ||
| Q3 24 | -9.0% | 10.4% | ||
| Q2 24 | -1.1% | 21.9% | ||
| Q1 24 | — | 6.4% |
| Q4 25 | 0.0% | 7.7% | ||
| Q3 25 | 0.0% | 6.8% | ||
| Q2 25 | 0.0% | 6.3% | ||
| Q1 25 | 0.0% | 8.2% | ||
| Q4 24 | 0.1% | 4.5% | ||
| Q3 24 | 0.0% | 5.1% | ||
| Q2 24 | 0.0% | 5.7% | ||
| Q1 24 | 0.0% | 10.2% |
| Q4 25 | -0.60× | — | ||
| Q3 25 | — | 2.61× | ||
| Q2 25 | — | 7.75× | ||
| Q1 25 | — | 3.44× | ||
| Q4 24 | — | 4.00× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 17.67× | ||
| Q1 24 | — | 5.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KPLT
Segment breakdown not available.
MAPS
| Services | $39.5M | 92% |
| Other | $3.6M | 8% |
