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Catapult Sports Ltd (ASX:CAT)

ALERT: Price-sensitive ASX Announcement for CAT
Current share price for CAT : $3.160 0.28 (9.72%)+
Announcement
Release
20 May 2026 8:38AM
Price at Release
$2.880
Full Release
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Summary
In FY26, Catapult Sports Ltd experienced a record year with significant growth across various financial metrics. The company's Annualized Contract Value (ACV) increased by 28% year-over-year, reaching US$133.8 million. Revenue grew by 19% to US$140.7 million, and Management EBITDA rose significantly by US$10 million from the previous year. The company maintained strong ACV retention at 96%, and the number of Multi Solution Pro Teams increased by 62%, highlighting the success in cross-selling and expanding its product offerings. Despite acquisitions and FX impacts, Catapult maintained a positive free cash flow of US$6.5 million, and ended the year with a robust cash position of over US$53 million with no debt. The report emphasizes the company's operating leverage, which allowed it to expand its profit margins significantly. The company's strategic focus remains on growing ACV while improving cost efficiency, with expectations for continued strong performance in the coming financial year.
Key Points
  • FY26 was a record-breaking year for Catapult.
  • ACV grew by 28% year-over-year to US$133.8 million.
  • Revenue increased by 19% to US$140.7 million.
  • Management EBITDA rose by US$10 million year-over-year.
  • Strong ACV retention at 96%.
  • Multi Solution Pro Teams increased by 62%.
  • Positive free cash flow of US$6.5 million.
  • Ended FY26 with over US$53 million in cash and no debt.
  • Focus on improving profit margins and cost efficiency.
  • Expectations for continued strong performance in FY27.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.