Comparison with the competition, page-7

There is NO $1Bln football deal...At say $299 per pop (retail price) and $1.27B USD, Statsports will have to sell 4.25 Million devices! Do they even have the manufacturing capabilities to do it now? I am very impressed with how you look at FACTS.

https://www.sporttechie.com/u-s-soccer-strikes-wearables-deal-worth-over-1-5-billion/

-STATSports will provide its APEX athlete monitoring devices which are worn in a vest and positioned between the shoulder blades. The devices track distance, speed, acceleration, deceleration, high-speed running, load and heart rate.
-U.S. Soccer will use 6,500 APEX Team Series systems across the Men’s and Women’s National Teams, the Paralympic National Team, Futsal National Team, Beach Soccer National Team, National Women’s Soccer League, youth national teams and development academy clubs.


This is the deal. 6500 devices. A loss for Catapult, but by no means a $1 Bil market opportunity loss for Catapult. 6500 x $299 USD = $1.94M USD. Note that this uses retail price. What we heard from Catapult is that they offered it at crazy prices, meaning even cheaper than retail for Catapult, which suggests it's a lower number than $1.94M USD.

Where is the $1 Bil?!?!!? All paid Statsports' marketing gimmicks! Reality is that the USA Soccer deal statement release of $1B was to attract funding attention as they are haemorrhaging cashflow with their expansion.