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Latest Articles
New clients boost Catapult revenue to a milestone $152m, forecasts higher free cash flow in FY25
Thanks to expansions and new product launches adopted by the likes of F1 and NASCAR, sports tech company Catapult (ASX: CAT) reached a revenue milestone in FY24, with its SaaS divisions boosting sales. In FY24, the Company’s annualised contract value (ACV) grew 20%, with Catapult hitting a revenue mark of $152 million. Its profit margin
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Catapult generates positive cash flow for the first time since 2021, becomes official supplier for NASCAR
After months of investing in new products and signing new contracts, sports performance analytics company Catapult (ASX: CAT) has scored big. For the first time since September 2021, the Company has generated positive free cash flow amounting to $2.2 million. And that is just scratching the surface. Catapult’s total revenue grew to $77 million, up
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Catapult reports strong Q1 results, reaffirms positive free cash flow guidance for FY24
Sports performance analytics company Catapult (ASX: CAT) has announced its impressive first-quarter results for the period ending June 2023, i.e. Q1 FY24, signaling a positive trajectory for its financial performance. The Q1 results not only met but also exceeded the Company’s expectations, hopefully helping it achieve Free Cash Flow positivity in FY24. As part of
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Catapulting sports into the 21st century: How one company is using data to give teams an edge
We all know that one guy who is downright obsessed with a certain sporting team, or player. The degree to which us humans can immerse ourselves in extraordinary feats of athleticism is astonishing (especially so when they catch you on your lunch break…). From the first team polo matches in Persia 2,500 years ago to
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Atlanta Falcons turn to Australians to solve lead-blowing woes
While Australian influence on the field of America’s National Football League (NFL) is growing, the bigger influence is coming off the field with sports tech and data analytics company Catapult (ASX: CAT) contracted by all 32 teams in the league now that the Atlanta Falcons are sick of losing, and have signed up. The Falcons,
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Overcoming off-field budget cuts, Catapult analytics prove essential across pro sports
With crowd restrictions across professional sports brought upon by the pandemic, mass cuts across off-field departments resulted due to ticket sale losses. However, one glaring essential through the tough conditions was sports data analytics provided by Catapult (ASX: CAT). This was evidenced by the USD $33.2m revenue reported by Catapult for the Half-Year ending 31
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