catppt does output the text of the really basic Windows PowerPoint file /media/Windows/Windows/System32/MSDRM/MsoIrmProtector.ppt , but it doesn't output anything from files saved by LibreOffice Impress in "PowerPoint 97-2003 (.ppt)" format.
The Linux file utility reports
test_LO_file.ppt: Composite Document File V2 Document,
Little Endian,
Os: Windows,
Version 1.0,
Code page: -535,
Title: ...
That code page -535 looks bad, but file tests/test_LO_file.doc reports the same and works.