Saturday, September 21, 2024
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Catapult Group International: Reports $9M net free cash for FY20

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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