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Catapult Group International: Reports $9M net free cash for FY20 | Fintech InShorts: Latest fintech news, analysis by experts

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Catapult Group International: Reports $9M net free cash for FY20

By Steve Sam

July 20, 2020

Catapult Group International: Reports $9M net free cash for FY20

Sports technology company Catapult Group International has recorded $9M in net free cash for the 2020 financial year
The company finished off the financial year with $27.5 million cash in the bank
Catapult has continued to win new customers and keep existing clients during the lockdowns around the world
CEO Will Lopes is pleased with the positive free cash flow year
Crucially, the company says it has continued to win new customers and keep existing clients during lockdowns around the world
On market close, Catapult is up 10.6 per cent and is trading for $1.41 per share

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