Last results: NOVEMBER 14, 2023 ALL FINANCIALS ARE IN USD UNLESS OTHERWISE INDICATED Catapult Group International Ltd (ASX:CAT, ‘Catapult’ or the ‘Company’), the global leader in sports technology solutions for professional teams, is pleased to announce its financial results for the half year ended September 30, 2023 (1H FY24). 1H FY24 HIGHLIGHTS • Annualized Contract Value (ACV) of US$79.7M (A$124M), +21% on a constant currency (CC) basis year on year (YoY) • Revenue increased to US$49.8M (A$77M), +21% (CC) YoY • Retention trends remain best in class, with ACV Churn falling to 3.6% • Incremental profit margin of 19% in 1H FY24, confirming strong operating leverage as Catapult grows at scale • Achieved positive Free Cash Flow (FCF) of US$1.4M in 1H FY24 (1H FY23: -US$13.4M) • US$4.7M of debt repaid, demonstrating confidence in Catapult’s outlook and strengthened financial position Commenting on the results, Managing Director & Chief Executive Officer, Mr Will Lopes, said “Catapult delivered another strong set of results, where we delivered ACV Growth above 20% year on year while reducing costs. Our growth was underpinned by consistent strong performance in our Performance & Health vertical. However, this half year period we saw accelerated ACV Growth in our Tactics and Coaching vertical, driven by our new video solution growing 41% year on year. Retention trends remain at all-time highs, which is an excellent outcome given we have been through our busiest renewal period. Our incremental profit margin improved significantly in the first half, enabling our business to generate positive free cash flow after a period of investing. We remain committed to generating positive free cash flow, strengthening our financial position further, and ensuring we can continue to drive future revenue growth.” CATAPULT GROUP INTERNATIONAL LTD ABN 53 164 301 197
