Company Interview / Catapult kicking revenue goals

Key Points:

Catapult (ASX:CAT) posts 19% rise in annualised contract value and 16% revenue growthIntegration of Perch and Impact expands Catapult’s athletic and scouting product offeringInnovation in wearables and AI drives product development, supporting global expansionMedia business grows 41%, fuelled by demand for sports content and collegiate licensing

Catapult (ASX:CAT) has reported a 19% increase in annualised contract value, reaching $175 million for the first half of the year, while revenue rose 16% to $67.6 million (USD). CEO, Will Lopes asserts that Catapult's top line growth continues to show strength, and points to an impressive 50% year-on-year increase in management EBITDA to $9.7 million, despite a one-off payroll expense. The company highlights its record high of 33 on the ‘rule of 40’ metric, reflecting a 19% uplift in contract value combined with a 14% profit margin.

Lopes outlines the integration of two acquisitions—Perch, a gym technology product, and Impact, a global soccer scouting solution—as central to Catapult's growth strategy. He states these additions provide a more comprehensive view of athletic performance and enhance their market share across Europe, the AFL, and Asia. The Impact acquisition particularly strengthens Catapult’s presence in global soccer by joining advanced video analytics with sophisticated scouting capabilities.

On innovation, Lopes details Catapult’s focus on research and development, including the Vector 8 wearable and advanced AI applications that aid professional and amateur sports teams alike. Lopes adds that strong demand for sports content, especially in collegiate licensing, has propelled the group’s media business, which is up 41% year on year.