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News: CAT Catapult Group International Expects To Be Free Cash Flow Positive In FY24

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    21/09/22
    11:30
    Post #: 63812095

    Sept 21 (Reuters) - Catapult Group International Ltd (CAT) :

    • ANNOUNCES REDUCTIONS TO ITS COST BASE
    • EXPECTS TO BE FREE CASH FLOW POSITIVE IN FY24
    • STILL ANTICIPATES ACV GROWTH FOR FY23 WILL BE AT LEAST 20%, AS PER PREVIOUS GUIDANCE FOR FY23
    • AS STATED IN BEGINNING OF CURRENT FY, STILL EXPECTS OPERATING CASH FLOW TO BE POSITIVE FOR FY23
    • WILL REPRIORITIZE ITS INVESTMENT TO CONCENTRATE IN ITS KEY PRODUCT VERTICALS
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