Catapult Sports Ltd
CAT: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^.Q | LOCK|mn | LOCK|g$v$X>MN |
Catapult's Retention Rates Are Admirable, but It's Too Early To Assign a Moat
Business Strategy and Outlook
We expect Catapult’s strategy to primarily focus on upselling existing customers new products and on improving the accuracy of the insights it can provide in its athlete monitoring solution. We expect the acquisition of new customers to be a secondary focus, given the reasonably high existing penetration level.
