Catapult chief executive Will Lopes says the sports technology company is well-placed to capitalise on the billions of dollars being poured into professional sporting teams such as the Boston Celtics, Real Madrid and the Philadelphia Eagles, after the company impressed investors with a strong lift in annual sales.
The ASX-listed company, which provides wearable performance-tracking devices and video analytics tools to top teams across multiple sports, reported a 16.5 per cent lift in full-year revenue to $US116.5 million ($180.5 million). Its shares leapt almost 14 per cent to a record high of $4.89.