Company Interview / Catapulting into growth

Will Lopes, CEO of Catapult (ASX:CAT) reports a 93% surge in adjusted earnings to $8.4M USD, with net losses improved by $900K to $7.4M USD. Revenue soars 16% to $58M, with the focus remaining on profitable growth. Will credits their subscription engine for this success.

Catapult's (ASX:CAT) subscription metrics show contract value growth and a 96% contract retention rate, alongside an 11% increase in revenue per team. Highlighting operational leverage, the company generates $4.8M free cash flow, three times more than the previous year, emphasising efficiency.

Will shares Catapult's (ASX:CAT) optimism for the future, driven by robust pipelines in wearables and video solutions. With a 42% rise in video solutions and strategies for cross-selling, expansion via R&D investment is a priority as sport's technological demand escalates.