Catapult Group International Ltd

ASX:CAT

Catapult Group International Ltd

ASX:CAT
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$1.490 (+1.4%)
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#8
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51
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82
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TrektoInvest
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Last edited 3 years ago
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#Competitor - STATsports
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TrektoInvest
Added 3 years ago
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19 Dec 2020 - Sky News interview with STATsports co-founder, Sean O'Connor

Key highlights from the interview:

  • Appears STATsports is looking to list on the stock market on the back of strong growth in the past few years.
  • B2B market (elite) grew by 50% this year.
  • Consumer market (amateur) grew by 104% this year.
  • Consumer products are available across 90 countries and currently penetrating the US amateur sports market.
  • Manufactures its products in Northern Ireland.

I think this is positive news for Catapult because it reinforces the growth potential in the amateur wearables market. Also, STATsports' growth ambitions and recent strong financial results paints strong optimism in the future of the sports tech and wearables industry.