Catapult Sports boss says growth, cost reduction strategy is working
Catapult Sport chief executive Will Lopes says he is confident the software business will reverse its fortunes next year to turn free cashflow positive and post revenue growth.
Catapult, which provides wearable sports technologies to the world’s leading professional sports teams and athletes, narrowed its net loss slightly to $US31.5 million ($47.3 million) on foreign exchange adjusted sales up 14 per cent to $US84.4 million for the financial year to March 31.
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