The Board expects continued strong revenue
growth, and the emerging scalability will further
reduce operating expense growth.
There are three key drivers supporting continued
revenue and profit growth: greenfield sales
to new teams, up-selling additional capacity
to existing clients, and cross-selling additional
products to the more than 2,800 existing clients
that still use only one Catapult product.
Executing these growth opportunities will
progress Catapult’s transition to positive free
cash flow. I reiterate the company’s commitment
to positive free cash flow by FY21. We are
focused on bringing forward this positive free
cash flow target.
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