Catapult first-half revenue lifts 17% to $104m
The news: Sports technology company Catapult Sports has seen first-half revenue increase 17% year on year to USD67.6 million ($104.1 million) amid growth in customers and the average duration customers have been subscribed.
The numbers: Annualised contract value for the first half of FY26 – the six months to 30 September 2025 – came in at USD115.8 million, a 19% year-on-year increase. Management EBITDA, or operating profit, increased by 50% year on year to USD9.7 million.
The average subscription duration for Catapult customers grew 7% year on year to 8.1 years and the total number of professional sports team customers grew 12% year on year to 3,878.
However, Catapult faced a comprehensive loss from ordinary activities after tax of USD5.2 million as depreciation and amortisation hit USD16.2 million.
For FY26, the company’s guidance is to grow free cash flow above the USD8.6 million delivered in FY25 when excluding transaction costs. Excluding transaction costs, USD8.2 million free cash flow was generated, but including transaction costs it was USD4.3 million.
The context: During the period, Catapult acquired data analytics firm Perch to expand its performance and health software offerings. In October, Catapult then acquired soccer scouting analytics business IMPECT.
What they said: Catapult CEO and managing director Will Lopes said the company expects annualised contract value to “remain strong, supported by low churn, ongoing margin improvement toward our targets, and excluding transaction costs, higher free cash flow as the business scales” in the rest of FY26.
The source: ASX