Some of you seem to know the revenues Statsports is getting from the recent US & Chinese FA deals, [even though they were closed tenders]- you know that they are heavily discounting to stay in business,[ but who?] - and I assume you also know the revenues Catapult are getting from their 2018 wins with CAF, Welsh Rugby & UKRL [bet you don't] - and you know they have 2100 clients,[but no longer listed] - you know the reasons behind the CFO 's & the CEO resigning -[yeah right] - you know Statsports financial position and that they supposedly have no R&D funding,[ very wrong] you know Tottenham are Catapult's clients because it's on CAT's 2016 website [ for f*** sake - just ask them] - somehow you also know Statsports are years behind Catapult in terms of technical capabilities, data analytics, accuracy & reliability [but FFA - Socceroos / US Soccer / Brazil FA / 3 NZ super rugby teams and others have recently switched to SS ] - Bet none of you have asked CAT any of the questions I posed.
You also seem to know Statsports is in a difficult position -"On their last lifeline" - but actually it is profitable, now has substantial capital and increasing revenues, and from what i have seen is growing very fast - and lately picking up many of the top end clients - some from Catapult!.
What you do know is that Catapult is now looking for a new senior management team, has the Board that appointed the previous team back running the company, will remain unprofitable with a big burn rate in 2019 / 20 and if they meet heady expectation, they predict profitability in 2021. I don't know much more than I have espoused in this forum - so think i should leave this forum for now - as you guys seem to know it all !
I wish both companies & their shareholders well
CAT Price at posting:
65.0¢ Sentiment: None Disclosure: Held
