Catapult’s Revenue Hits US$116.5M with 65% Incremental Profit Margin in FY25
Catapult Group International has reported a milestone FY25, surpassing US$100 million in Annualized Contract Value and delivering a record US$8.6 million in free cash flow, underscoring its growing dominance in sports technology.
- Annualized Contract Value (ACV) grows 18% to over US$100M
- Revenue rises 19% to US$116.5M with strong SaaS growth
- Incremental profit margin hits a record 65%
- Free cash flow nearly doubles to US$8.6M
- New product innovations and global expansion fuel growth
A Landmark Year for Catapult
Catapult Group International Ltd (ASX:CAT) has marked a significant milestone in its FY25 financial results, crossing the US$100 million threshold in Annualized Contract Value (ACV) for the first time. This achievement reflects the company’s expanding footprint in the global sports technology sector, where it provides data-driven solutions to professional teams worldwide.
The company’s revenue climbed 19% year-on-year on a constant currency basis, reaching US$116.5 million. This growth was driven primarily by its core SaaS verticals, Performance & Health and Tactics & Coaching, both of which posted robust increases in contract value and customer engagement.
Operational Efficiency and Profitability Gains
Catapult’s operational discipline was evident in its profitability metrics. The incremental profit margin on new revenue surged to a record 65%, a substantial improvement from the previous year’s 43%. This margin expansion highlights the company’s ability to scale efficiently while maintaining strong growth.
Free cash flow nearly doubled to US$8.6 million, underscoring Catapult’s improved cash generation capabilities. The company’s balance sheet also strengthened, ending the year with a net cash position exceeding US$7 million, providing a solid foundation for future investments and growth initiatives.
Innovation and Market Expansion
Innovation remains at the heart of Catapult’s strategy. FY25 saw the launch of several new products, including Vector 8, the world’s most powerful athlete monitoring system, and Hub Pro, a next-generation coaching platform. These advancements are designed to deepen integration within team workflows and enhance the actionable insights delivered to athletes and coaches.
Geographically, Catapult expanded its reach in key markets such as EMEA, Latin America, and North America, with notable growth in soccer, baseball, basketball, and American football. The company’s sideline video solutions, particularly in American football, contributed to the fastest growth rate in its Tactics & Coaching vertical in over six years.
Looking Ahead
Looking forward to FY26, Catapult is optimistic about sustaining its growth trajectory. The company expects continued strong ACV growth, low customer churn, further improvements in cost margins, and increased free cash flow. CEO Will Lopes emphasized the company’s commitment to innovation and delivering value to professional sports teams worldwide, positioning Catapult as a critical partner in athlete performance optimization.
Bottom Line?
Catapult’s FY25 results set a new standard for growth and profitability, but sustaining this momentum will require continued innovation and market penetration.
Questions in the middle?
- How will Catapult’s new product launches impact customer acquisition and retention in FY26?
- What risks could arise from geopolitical factors, such as the exit from Russia, on future growth?
- Can Catapult maintain its high incremental profit margins as it scales globally?
