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Latest Articles
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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NASCAR engages Catapult for RaceWatch ID, the video replay system used by FIA
American motorsport fans will soon have a better experience with NASCAR having engaged sports technology company Catapult Group (ASX: CAT) for its RaceWatch ID, a video replay system popularised by the FIA in Formula 1. The multi-year agreement, which takes effect this season, will see Catapult’s RaceWatch ID, employed by Race Control and Competition officials
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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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End of NFL ‘ball spotting’ controversies coming with Catapult to unveil microchipped football
American teens tossing the pigskin will soon have a definitive answer to who throws a tighter spiral with sports tech company Catapult Group (ASX: CAT) set to unveil the football of the future – a microchipped ball with wireless charging that can measure more than 1,000 metrics in live time. The football will be showcased
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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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Catapult acquires sports tech founded in collaboration with Mercedes F1 that delivered 7 straight titles
Sports tech and data analytics company Catapult Sports (ASX: CAT) is set to substantially expand its technology suite with the $45 million acquisition of SBG Sports Software, a tech business originally founded in collaboration with Mercedes F1. With Formula 1 being one of the world’s most lucrative sports that has long been reliant on engineering
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