Verce - As a follower of the Sports Technoloogy sector, It would surprise if Statsports, a profitable & rapidly expanding company with no debt, with many of the world's elite soccer & rugby teams as clients, and who are winning most of the major deals of late, would be interested in a company in turmoil with lesser IP, a poor culture and one which loses more money every year [~A$17m 2018] at anywhere near current market cap of $120m.
As It is now back under control of the old founder management team, who bought in the [much heralded but] now departed CEO & several CFO's who "know how to build a global company", and with 12 years of losses, limited substantial benchmark signings of late, and the failure of PLAYR to meet targets, and with profitability forecasts pushed to 2020/21 and the emergence of competitors Catapult may not represent current value to others.
PS I see Statsports announced NZ's Super Rugby teams as new clients today.
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Change
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Mkt cap ! $638.2M |
Open | High | Low | Value | Volume |
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1 | 10000 | 0.980 |
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1 | 1036 | 0.965 |
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0.990 | 1 | 1 |
1.000 | 42518 | 3 |
1.010 | 10000 | 1 |
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