Company Report
Last edited 2 years ago
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#Financials Surprise
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Last edited 2 years ago

Is this the beginning of “the” turnaround?

On first glance this was significantly better than I think most expected.

From the ASX announcement.

H2 EBITDA OF 2.2m a 15.4m improvement from H1.

H2 gross margins up to 81% from 71%.

Cost to operate the business dropped 11.9m in H2 from H1.

Operating cash flow + 40% YoY to 3.7m.

SaaS revenue +21.8% YoY (CC) contributing to a total revenue of 84.4m.

Record H2 sales: FY23 ACV +20.2% to 76.8m (CC).

ACV churn a record low rates of 3.8%

Performance and Health vertical ACV grew 28% YoY (CC).





#Bear Case
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Added 2 years ago

Thanks @Magneto for the summary. Your first paragraph says it all.

Catapult Capital Raise History – Raised Approx. $197.5m since December IPO 2014, today CAT market cap is $178.2m (Closing Price $0.73 Dec 2022)”.


#Does data really help?
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Added 3 years ago

Yes the paper was more concerned with what is done with the data and who has access to it which, is a valid point. Most organisations should have systems in place to effectively monitor this access.

Anyone involved in high performance sport will tell you that the data is only as valuable as the knowledge and understanding of those using and interpreting it.

As someone with 20yr+ in high performance sport I can tell you that tracking load, progressive loading, effective periodisation and adequate recovery and regeneration protocols are essential for long term athlete development and performance maximisation.

The ability to collect, collate, monitor, interpret and individualise relevant and essential performance data has enabled the progression of individuals, individuals within a certain position and individuals in particular events. 

Consequently, the guess work has been eliminated you know have the ability to make evidenced based decisions allowing you to see what work someone has done from their first year to their last year. Consequently, loadings can be adjusted based on training age, position requirements, the event/games demands and the particular importance of the game, event or particular point of a competitive season. 

Of course there is a point where too much data can cause paralysis by analysis but that’s the responsibility of the high performance coordinator to decide in tandem with other support staff and the coaching unit what is important and what’s just noise. 

#ASX Announcements
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Added 3 years ago

Building on from the recent German league wide expanded deals. CAT has made further announcements involving expanded league wide deals with the AFL (31/3) and NRL (7/4). Specifics regarding the full details of the announcements can be found at asx.com.au.

#ASX Announcements
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Last edited 3 years ago

Disclaimer I hold.

For me the issue in the companies announcement lies in relaying how significant this is to the average investor.

Unless you are involved in high performance sport the significance of this technology advancement is lost!

This is a game changer and really separates them further from any of their competitors and they really should have arranged a “stronger” announcement!

This is a significant enhancement in the collection of real time performance data for high performance coaching units enabling them to make evidenced based changes (with a greater picture - enhanced accuracy) in real time thereby, enhancing both training quality and competition performances outcomes.

The prospect of this information being available for commentators to be displayed on the screen for viewers not only brings the viewer closer to understanding the information used to make performance decisions it opens up significant opportunity to monetise the data further!

The NFL will love this!!