I was out when they had to do the capital raising which suggests that they will still be burning cash for quite some time. Everytime they have an excuse to raise more capital from shareholders. This is a big red flag to me. Like you, I am also worried about Statsports rise that is showing itself to be a formidable competitor. Until Catapult is breaking even on the whole of business (cash from operations and investing), I will not touch it.
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