Highlights

  • Catapult increased its Western Alliance Bank Facility from US$30 million to US$50 million, with nothing drawn.
  • Annual contract value rose 28% in constant currency to US$133.8 million in FY26, helped by the IMPECT acquisition.
  • FY26 Revenue grew 20.8% to US$140.7 million, while management EBITDA climbed 67% to US$24.7 million.
  • Shareholders carried all seven resolutions at the 26 August 2026 AGM, including retention rights for the chief executive.

Catapult Sports Ltd (ASX:CAT) has given itself more financial room to pursue acquisitions. On 10 August 2026, the sports performance and analytics technology company announced that Western Alliance Bank had expanded its Debt facility from US$30 million to US$50 million and extended its Maturity from May 2027 to May 2031.

The facility remains undrawn, and Catapult said the change adds flexibility for potential acquisitions or other inorganic growth. It follows a year in which two acquisitions reshaped the business.

FY26 Delivered Record Contract Value

In the year to 31 March 2026, Catapult lifted annual contract value, or ACV, by 28% in constant currency to US$133.8 million, about A$191 million. Excluding acquired contracts, ACV grew 18%. Revenue increased 20.8% to US$140.7 million, and roughly 95% of that was recurring.

Management EBITDA reached a record US$24.7 million, up 67%, lifting the Margin to 17.6% from 12.7%. Reported results were weighed down by US$7.6 million of acquisition-related charges, mainly deferred IMPECT consideration, and US$18.7 million of share-based payments and related payroll tax, leaving a statutory net loss of US$24.0 million. Free Cash Flow excluding Transaction Costs was US$6.5 million, ahead of the company's US$5–6 million guidance.

Tactics and Coaching Gains Weight

Catapult's two main verticals both expanded. Performance and Health ACV rose 23% to US$84.5 million, while Tactics and Coaching ACV jumped 40% to US$46.5 million, supported by the IMPECT football data platform and the Pro Video Suite. The company also acquired Perch during FY26, and in July 2026 it launched IMPECT Video Scouting. Product releases during the year included Vector 8 with AI-powered shift detection for ice hockey and the Perch P2 camera, which offers a wider field of view.

Customer metrics improved alongside growth. ACV churn eased to 3.9% from 4.3%, below the 5% target, and average ACV per professional team topped US$30,000 for the first time. The number of professional teams using more than one Catapult solution rose 62% to 1,328, representing about 31.8% of its 4,178 pro teams.

AGM Endorsement and FY27 Priorities

At the Annual General Meeting on 26 August 2026, Catapult reaffirmed its guidance, and shareholders carried every resolution, including the re-election of directors Michelle Guthrie and Shaun Holthouse, an FY27 Equity grant to Chief Executive Will Lopes and one-off conditional retention rights.

For FY27, Catapult has guided qualitatively rather than numerically. Management expects strong ACV growth with low churn, continued progress on cost margins towards its long-term targets and higher free cash flow excluding transaction costs. Fixed costs are expected to rise modestly in absolute terms while falling as a share of revenue. Over the longer term, the company is targeting a management EBITDA margin of 30%.

Balance Sheet Position

Cash stood at about US$53.5 million at 31 March 2026, supported by Capital raised during FY26, while receivables rose to US$20.1 million as some collections slipped into early FY27. Shares were priced at A$3.405 on 2 November 2026, up 0.74% on the day, giving a Market Capitalisation of A$1.08 billion.