Key Highlights

  • Catapult Sports Ltd (ASX:CAT) reaffirmed its FY27 outlook at its Annual General Meeting, with shares trading at $2.92, up 0.34%, during the Trading session on 17 September 2026.
  • FY26 Total Revenue grew 19% year-over-year to US$140.7 million, crossing A$200 million for the first time when translated into Australian dollars.
  • Management EBITDA rose 67% to US$24.7 million, delivering a record Management EBITDA Margin of 18% and a Rule of 40 score of 46% including acquired ACV.
  • The company's new IMPECT Video Scouting solution has already been sold to teams across 20 professional leagues in 13 countries since its July 2026 launch.

Catapult Sports Ltd (ASX:CAT) shares traded at $2.92, up 0.34%, during the trading session on 17 September 2026. The global sports technology company provided a Business update at its Annual General Meeting, covering progress on its new IMPECT Video Scouting solution and reaffirming its FY27 outlook, alongside a review of FY26 financial performance delivered by the CEO and Managing Director.

IMPECT Video Scouting Progress

In July 2026, Catapult launched its new video scouting solution, IMPECT Video Scouting, ahead of schedule, delivering on a commitment to provide professional football teams with a global video scouting solution covering more than 150 leagues within the financial year. In the short period since launch, the company has sold the solution to teams in 20 professional leagues across 13 countries in Europe and South America. More than one third of subscribing teams compete in the top division in their respective countries, including teams in the English Premier League, Spanish La Liga and German Bundesliga, in addition to agreements signed with two national federations prior to launch.

FY26 Financial Performance

At the AGM, CEO and Managing Director Will Lopes described FY26 as a transformational year in which the company executed three acquisitions and doubled in size. Total Revenue grew 19% year-over-year to US$140.7 million, which translated into Australian dollars crossed A$200 million for the first time. Annualized Contract Value grew 28% year-over-year to US$133.8 million, with organic growth of 18% after normalising for ACV acquired through the Perch and IMPECT acquisitions.

Management EBITDA, the company's key measure of operating profit, grew by nearly US$10 million year-over-year to US$24.7 million, a 67% increase, delivering a record Management EBITDA Margin of 18%. The company's Rule of 40 score, combining ACV growth and Management EBITDA Margin, reached a record 36% excluding acquired ACV, or 46% including it, up from 31% in FY25 and just 3% three years prior. Incremental Profit Margin was 41%, or 48% excluding the impact of acquisitions, exceeding the company's 30% target.

Free Cash Flow excluding Transaction Costs was US$6.5 million, slightly below FY25, which the company attributed to the timing of second-half collections impacted by the acquisitions, noting this balance has since been collected. The company ended FY26 with more than US$53 million of cash on the Balance Sheet and no debt.

Platform Metrics

Catapult reported ACV Retention Rate exceeding 96%, which it said is on par with the most successful enterprise software companies. ACV per Pro Team, or ARPU, exceeded US$30,000 for the first time, rising 10% year-over-year, driven by continued expansion of customers adopting more than one Catapult solution. The company introduced a new metric during the year, Multi-Solution Teams, adding 506 new Multi-Solution Pro Teams in FY26, growth of 62% year-over-year, with the majority of this growth coming from cross-sell by its global sales organisation rather than acquisition. The company now serves over 5,500 teams globally across more than 40 sports and 100 countries, an increase of approximately 1,000 teams year-over-year, including more than half the teams that competed in this year's FIFA World Cup.

FY27 Outlook

The company reaffirmed its FY27 outlook at the AGM, continuing to expect Annualized Contract Value growth to remain strong with low churn, continued improvement in cost margins toward targets, and higher Free Cash Flow, excluding transaction costs, as the business scales.

Key Takeaways

Catapult Sports used its Annual General Meeting to detail a transformational FY26 in which revenue and Management EBITDA both grew strongly, aided by three acquisitions that doubled the size of the business, while reaffirming its FY27 outlook for continued strong contract value growth and improving free cash flow. The early commercial traction of the newly launched IMPECT Video Scouting solution, already adopted by teams across 20 leagues within weeks of launch, adds a further growth vector to a platform that has expanded its multi-solution customer base substantially over the past year.