CAT 3.29% $1.47 catapult group international ltd

Ann: Catapult Reaffirms FCF Positive Guidance, After Strong Qrt, page-9

  1. reg
    598 Posts.
    lightbulb Created with Sketch. 52
    You make a good point - as a subscription business the product is depreciated keeping margins high.
    Not sure it is suss, but something to be aware of.
    Unsure over how many years they depreciate the average wearable unit, nor what happens to the units if a subscription is not renewed.
 
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