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NYSE:HYLN 22 May 2026 - 23 May 2026

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  • Catapult Sports Posts Record SaaS Revenue but Wider Loss Raises Profitability Questions
    May 23, 2026, 12:25 PM EDT. Catapult Sports (ASX:CAT) reported full-year 2026 revenue of US$140.72 million, up from US$116.53 million, driven by strong growth in its software-as-a-service (SaaS) segment. Despite this record revenue, the company posted a wider net loss of US$23.96 million and a basic loss per share of US$0.089. Management highlighted a 67% increase in EBITDA, reflecting improved operational efficiency and margin expansion potential. Investors now focus on Catapult's ability to translate SaaS growth into sustainable profitability amid ongoing losses and concentration in elite sports markets. Analysts project revenue reaching US$208.5 million and a small profit by 2029, with fair value estimates suggesting significant upside from current share prices. Execution risks remain linked to cross-selling and client retention in a competitive landscape.

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