Catapult Group International Ltd has been one of the outstanding performers on the ASX over the past QTR, with the value of its shares having increased approximately fourfold from the depths of the COVID-19 Market Lows following the announcements of positive results and trading updates.
Media coverage of NFL Training Camps and European football resumptions over recent months has also shown many international players using the wearable technology, quite an achievement for an Australian company.
Key highlights from the company’s August results announcements were as follows:
Catapult Group has a R&D headquarters in Melbourne, with offices internationally.
It is also worth noting that the company’s chairman Dr. Adir Shiffman has been a strong advocate of the importance of the R&D Tax Incentive to Australian business. Adir has been very vocal in his criticism of the budget amendments proposed to the R&D Tax Incentive that are currently before the Senate.