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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 8:37AM
Price at Release
$2.880
Full Release
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Summary
Catapult Sports Ltd reported their FY26 financial results, highlighting a 20.8% increase in revenue to US$140.7 million driven by organic growth and acquisitions. However, the company also faced a statutory net loss after tax of US$23.96 million, primarily due to increased costs and acquisition-related expenses. The report emphasized strong customer retention and growth in Annualized Contract Value (ACV) by 32.3%. The company launched new products including the Vector8 and Perch P2 Camera, and expanded AI and analytics capabilities. Despite the financial challenges, they increased cash reserves significantly and continue to focus on innovation and operational efficiency.
Key Points
  • Revenue increased 20.8% to US$140.7 million in FY26.
  • Statutory net loss after tax was US$23.96 million.
  • Annualized Contract Value (ACV) grew by 32.3%.
  • New products launched include Vector8 and Perch P2 Camera.
  • Expanded AI analytics capabilities.
  • Increased cash reserves to US$53.45 million.
  • Focus on innovation and operational efficiency.
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.