The chief executive of sports data group Catapult, Will Lopes, has dismissed market speculation that rising costs and losses mean it will need to raise capital from shareholders before it becomes free-cash-flow generative.
Mr Lopes was certain the group was sufficiently funded and shrugged off a horror share price performance that has halved its valuation over 12 months.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
