1

-MarketRelease-31January2016

CatapultreportsstrongARRgrowth,reaffirmsguidance,andadvanceslivebroadcastoffering

CatapultGroupInternationalLimited(ASX:CAT),theworldleaderinwearableandvideoperformanceanalyticsforelitesportingteams,todaylodgeditsAppendix4Creportofcashflowforthesecondquarterended31December2016(Q2FY17)withtheAustralianSecuritiesExchange.ThisreportpresentsthefirstfullquarteroffinancialsfortherecentlyacquiredXOSTechnologiesInc.(XOS)andPLAYERTEK1businesses(bothcompletedinAugust2016).Toprovidecontinuityforinvestors,thisBusinessUpdatecontinuestofollowthepreviousformat(primarilyfocusingontheElitewearablesbusiness).However,CatapultadvisesthatitscustomarypracticeandformatofquarterlyBusinessUpdateswillchangefromQ3FY17tomorefullyreflecttheenlargedbusiness.KeyHighlights

§ GrouplevelAnnualisedRunRate(ARR)rosetoA$44.7m2asat31December2016,up13%onthe30June2016pro-formaARRof$39.5m3and391%overlasttwelvemonths;

§ SolidUnderlying4growthinEliteteamwearablesales5with1,731unitsorderedduringthequarter,up28%onthepreviouscorrespondingperiod(pcp);

§ ContinuedhighmixofsubscriptionsalesinElitewearables,representing63%ofunitsorderedduringthequarterupfrom55%inpcp;

§ Managementreiteratesguidanceof21-30%pro-formarevenuegrowthinFY17(226-250%growthonastatutorybasis)setatAnnualGeneralMeeting(AGM);

§ Significantprogresstowardsthestrategicobjectiveoffan-drivendatamonetisation,withNBLshowingtelevisedCatapultstatisticsduringbroadcast;

§ CatapultpartnerswithReese’stotracktheperformanceofselectedseniorcollegefootballplayersastheyenterthelaunchoftheNFLdraftseason;

§ PLAYERTEKsalescontinuetovalidatedemandintheprosumermarketwith437unitsorderedduringthequarter,asworkcontinuestowardsstrategicgoaloflaunchingaglobalprosumerplatformoffering

1 KodaplayLimited,tradingasPLAYERTEK2CalculatedonaconstantcurrencybasiswithAUD:USD=0.753Pro-formaARRcombinesCatapultARRof$13.5mwithXOSARRof$26masatJune302016.XOSwasacquiredon12August20164Excludingnewunitsorderedaspartofaleaguewidedeal5IncludesunitordersdeliveredbyEliteWearablessalesteam;excludesunitordersdeliveredbyPLAYERTEKsalesteam

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SecondquarterElitewearablessalesperformanceCatapulttodayreportedthatithadsold1,731newEliteunitstoteamsinQ2FY17viateamsales.Thiscomparestoteamsalesof1,350unitssoldinQ2FY16,representinggrowthof28%onpcp.

Q2FY16totalunitordersalsoincludedanadditional650unitssoldvia2leaguewidedeals(AFLandARU).Leaguedealsareinherentlylargerandlessfrequentthanteamsales,distortingquarteronquartercomparisons.Hencethetableabovedisplaystotalunitsaleswiththeimpactofleaguepartnershipshighlighted.Commentingontheresults,CEOShaunHolthousesaid:“Wearereallypleasedwiththecontinuedstrongperformanceofourcoreelitewearablesbusiness.Teamsalesgrewagainthisquartercomparedtopcp,andthehighsubscriptionmixcontinuestovalidateourlong-termbusinessstrategy.”“Wearealsoreallypleasedwithhowourleague-widedealpipelineisbuilding.Whileleaguedealsweren’tacontributortoQ2(FY17),wehaveseveralactivedealscurrentlybeingnegotiatedandweexpecttoreportfurtherprogressthisfinancialyear.LastyearourleagueopportunitieswerefocusedonAustralia,wheretransactionstendstocloseinQ2(pre-seasonforlocalfootballcodes).Thisyeartheyarefocusedprimarilyonnorthernhemispheremarkets.Thesesportsmoveintotheirpre-seasoninH2,wheretransactionstypicallycluster.“CatapultreportsstrongARRgrowthandcontinuedhighmixofsubscriptionsalesPleasingly,Q2FY17onceagainsawahighproportionofunitssoldtoteamsonasubscriptionbasis.63%ofQ2FY17Eliteunitssoldwereonasubscriptionbasis(comparedto55%inpcp),adding1,090unitstoCatapult’sElitewearablesubscriptionbasewhichgrewto11,125unitsasat31December2016.TheElitewearableunitorderscontinuetoshowstrongAverageRevenueperUnit(ARPU)andARRforthecompany(combiningbothXOSandCatapultElitewearables)hasnowincreasedtoA$44.7m.Thisisup391%inthelasttwelvemonthsand13%onthepreviouslyreportedpro-formaARRof$39.5masat30June2016.

0

500

1,000

1,500

2,000

2,500

3,000

Q115 Q215 Q315 Q415 Q116 Q216 Q316 Q416 Q117 Q217

Elitewearableunitordersperquarter

Eliteteamunits Upliftunitsfromleaguewidedeals

Unitsorderedunderleaguewidedealswith

ARUandAFL

+28%

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SignificantprogresstowardsdatamonetisationwithdatastreamingliveforgamedayandscoutingCatapultreachedasignificantmilestoneinitsongoingdevelopmentoffanengagementapplicationsforusebyleagues.TheNBLhasbegundisplayinguniquegraphicsliveon-screenduringgame-daybroadcasts,usingCatapult’sproprietaryanalyticstotrackplayermovementandworkload.TheNBLpartnershipactsasaglobalshowcasefortheopportunitiestoworkwithleaguesandmonetisedataforfanengagement.

Images:Catapult’sproprietaryPlayerload®databroadcastedliveduringNationalBasketballLeague(NBL)Round15(Cairns

TaipansvPerthWildcats)CatapulthasalsobeenprovidingrealtimeplayerperformancedataforReese’sSeniorBowlintheUS(www.seniorbowl.com).SeniorBowlisapost-seasoncollegefootballall-stargamewhichshowcasesthebestNFLdraftprospectsfromtheNCAA.Thisco-operativeventureaimstodramaticallyexpandthepoolofdraft-prospectdataavailableatthispointintheprofootballcalendar,andtocreatefanengagementopportunities."TheSeniorBowlpresentsauniqueandexcitingopportunitytolegitimatelyshowcasethefutureoftechnologyforfootball,"saidBrianKopp,PresidentofNorthAmericaforCatapultSports."We'reexcitedtouseCatapult’swearablesolutionstotrackeveryplayerthroughouttheentireweek.Italsomeansthatfortheveryfirsttime,incollaborationwithourXOSteamweareprovidingcoachesandscoutswithintegratedtacticalandperformanceanalyticsfromourcomplementarytechnologies.Thisisakeypartofourlong-termstrategy".Catapultwearablesolutionsdeliveredathleteprofilingandrankingacrosskeyperformancemetricsincluding:maximumvelocities,playerworkload(Playerload®)andhighintensitymovements.Thisanalysiswascompiledintoaprofilingreport,andapublicversioncanbefoundatthefollowinglink:<http://www.seniorbowl.com/pdf/news/catapult_final.pdf>“IncorporatingXOSandCatapulttechnologyintoSeniorBowlweekallowsustobettershowcasethetalentsoftheparticipantsandprovidegreaterinsighttoallthescouts,coaches,andexecutivesinattendance,”SeniorBowlexecutivedirectorPhilSavagesaid6.Commentingonthesepartnerships,CEOShaunHolthousesaid“Catapulthasarapidlygrowinginstallbaseinelitesport,andanumberofleagueandfanengagementdevelopmentsthisquarterareaveryencouragingsteptowardscreatingmultiplerevenuestreamsthatleveragethismarketleadership.Wecontinuetobelievethattherearelucrativeopportunitiestoaddhigh-margin,incrementalrevenueacrossbotheliteteamsandleagues.”

6 http://www.sporttechie.com/2017/01/27/sports/nfl/senior-bowl-partners-with-catapult-xos-digital-to-offer-more-data-to-nfl-draft-talent-evaluators/

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NewCatapultteamadditionsNewclientacquisitionsduringthequartercontinuecoverawiderangeofsportsandgeographies,including:§ WestHamUnitedFC(EnglishPremierLeaguefootball)§ ColgateUniversity(NCAAdiv1,USA)§ ConcordiaUniversity,St.Paul(NCAAdiv2,USA)§ FCDynamoBrest(BelarusianFirstDivisionLeaguefootball)§ FCInfonetTallinn(EstonianFirstDivisionFootball)§ KalmarFF(SwedishFirstDivisionFootball)§ RealSaltLake(MajorLeagueSoccer,USA)§ NetballNewZealand§ PUMASRugbyUnion(Nationalteam,Argentina)§ RSCAnderlecht(BelgianFirstDivisionFootball)§ Sarpsborg08FF(NorweiganFirstDivisionFootball)§ ShimizuS-Pulse(JapaneseFirstDivisionFootball)§ FKVojvodina(SerbianFirstDivisionLeagueFootball)FY17outlookreaffirmedManagementissuedFY17guidanceatitsAnnualGeneralMeeting,withrevenueexpectedtobeintherangeof$61.0m-$65.5m,representingstatutorygrowthof226-250%andpro-formagrowthof21%-30%onFY167,8.Thisgrowthguidancecomesfromcombiningtheoriginalelitewearablesbusinesswhichcontinuestodeliverhighgrowth,withthenewlyacquiredXOS–traditionallyalowgrowthbuthighlyreliablebusiness.“CatapulthasmadeastrongstarttotheyearinelitewearablesandexcellentprogresstowardsintegratingtheXOSandPLAYERTEKacquisitions.WeremainconfidentofreachingtheFY17guidanceandQ2isconsistentwiththeseforecasts.IntegrationoftheXOSbusinesshasalreadydeliveredexcellentcross-sellingopportunitiesintheUSmarket,andweexpectthatmomentumtocontinueandovertimetransformXOSintoamuchhighergrowthdivision”saidMr.Holthouse.PLAYERTEKsalescontinuetovalidatelargeprosumermarketopportunityWithasignificantsoftwareupgradenearingcompletion,inQ2PLAYERTEKachievedordersof437unitssellingonlyitsexistingrangeofproducts.ThispositiveresultcontinuestovalidatetheCompany’sviewoftheaddressablemarketforteamsportswearablesbeyondeliteteams.Commentingonprosumerprogress,CEOShaunHolthousesaid“Whileit’sgoodtoseePLAYERTEK’sexistingplatformachievinghealthysalesnumbers,theacquisitionwasprimarilyfocusedonacceleratingCatapult’sdeploymentofelite-inspiredwearablesolutionsintotheprosumermarket.TothisendwecontinuetomakegoodprogressandachievedasignificantstepforwardinQ2.Wehaveallocatedincreasedfunding,asannouncedatourAGM,andnowhaveinplaceatopqualityteamledbyBenoitSimerayasCEOofthisdivision.Benoithasrecruitedanexperiencedseniorleadershipexecutivesupportedbyastrongteam,allofwhomarefullydedicatedtothismassivemarketopportunity.”-Ends-

7 Revenueguidancerangeexcludesc.$3.7mofrevenuegeneratedbyXOSTechnologiesInc(XOS)andKodaplayLimited(PLAYERTEK)pre-acquisitioncloseinFY17

8 Assumesasubscriptionmixof62%ofallelitewearableunitsordered.Overallrevenuerecordedishighlysensitivetosubscriptionmixeg.+5%insubscriptionmixdecreasesrevenueandEBITDAby~$600k,increasesARRby$940k;Growthinuptakeofsubscriptionmodelisdifficulttopredict

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FormoreinformationonCatapult,pleasevisit:InvestorCentre–http://www.catapultsports.com/au/investors/Website–www.catapultsports.comEnquiriesBevinShieldsHeadofInvestorRelations,CatapultGroupInternationalPh:+61291998855

Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

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Appendix4C

QuarterlyreportforentitiessubjecttoListingRule4.7B

NameofentityCatapultGroupInternationalABN Quarterended(“currentquarter”)53164301197 31December2016

Consolidatedstatementofcashflows Currentquarter$A’000

Yeartodate(6months)

$A’000

1. Cashflowsfromoperatingactivities

13,673 27,9181.1 Receiptsfromcustomers

1.2 Paymentsfor

(104) (251) (a) researchanddevelopment

(b) productmanufacturingandoperatingcosts (4,718) (9,225)

(c) advertisingandmarketing (505) (972)

(d) leasedassets (74) (126)

(e) staffcosts (6,303) (12,058)

(f) administrationandcorporatecosts (2,970) (5,078)

1.3 Dividendsreceived(seenote3) - -

1.4 Interestreceived 6 47

1.5 Interestandothercostsoffinancepaid - -

1.6 Incometaxespaid (1) (3)

1.7 Governmentgrantsandtaxincentives 48 48

1.8 Other(providedetailsifmaterial) (7) (39)

1.9 Netcashfrom/(usedin)operatingactivities (955) 261

2. Cashflowsfrominvestingactivities

(1,153) (1,619)

2.1 Paymentstoacquire:

(a) property,plantandequipment(i)

(b) businessesnetofcashacquired(seeitem10)

- (81,955)

(c) investments - -

(d) intellectualproperty - -

(e) othernon-currentassets(ii) (1,791) (2,457)

2.2 Proceedsfromdisposalof:

- - (a) property,plantandequipment

(b) businesses(seeitem10) - -

Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

Page2

Consolidatedstatementofcashflows Currentquarter$A’000

Yeartodate(6months)

$A’000

(c) investments - -

(d) intellectualproperty - -

(e) othernon-currentassets - -

2.3 Cashflowsfromloanstootherentities - -

2.4 Dividendsreceived - -

2.5 Other(providedetailsifmaterial) - -

2.6 Netcashfrom/(usedin)investingactivities (2,944) (86,031)

3. Cashflowsfromfinancingactivities

- 100,3353.1 Proceedsfromissuesofshares

3.2 Proceedsfromissueofconvertiblenotes - -

3.3 Proceedsfromexerciseofshareoptions - -

3.4 Transactioncostsrelatedtoissuesofshares,convertiblenotesoroptions

(81) (4,907)

3.5 Proceedsfromborrowings - -

3.6 Repaymentofborrowings - -

3.7 Transactioncostsrelatedtoloansandborrowings

- -

3.8 Dividendspaid - -

3.9 Other(providedetailsifmaterial) - -

3.10 Netcashfrom/(usedin)financingactivities (81) 95,428

4. Netincrease/(decrease)incashandcashequivalentsfortheperiod

17,317 3,6434.1 Cashandcashequivalentsatbeginningof

quarter/yeartodate

4.2 Netcashfrom/(usedin)operatingactivities(item1.9above)

(955) 261

4.3 Netcashfrom/(usedin)investingactivities(item2.6above)

(2,944) (86,031)

4.4 Netcashfrom/(usedin)financingactivities(item3.10above)

(81) 95,428

4.5 Effectofmovementinexchangeratesoncashheld

666 702

4.6 Cashandcashequivalentsatendofquarter 14,003 14,003

Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

Page3

5. Reconciliationofcashandcashequivalentsattheendofthequarter(asshownintheconsolidatedstatementofcashflows)totherelateditemsintheaccounts

Currentquarter$A’000

Previousquarter$A’000

5.1 Bankbalances 14,003 17,317

5.2 Calldeposits - -

5.3 Bankoverdrafts - -

5.4 Other(providedetails) - -

5.5 Cashandcashequivalentsatendofquarter(shouldequalitem4.6above)

14,003 17,317

6. Paymentstodirectorsoftheentityandtheirassociates Currentquarter$A'000

6.1 Aggregateamountofpaymentstothesepartiesincludedinitem1.2 (315)

6.2 Aggregateamountofcashflowfromloanstothesepartiesincludedinitem2.3

-

6.3 Includebelowanyexplanationnecessarytounderstandthetransactionsincludedinitems6.1and6.2

7. Paymentstorelatedentitiesoftheentityandtheirassociates Currentquarter$A'000

7.1 Aggregateamountofpaymentstothesepartiesincludedinitem1.2 (93)

7.2 Aggregateamountofcashflowfromloanstothesepartiesincludedinitem2.3

-

7.3 Includebelowanyexplanationnecessarytounderstandthetransactionsincludedinitems7.1and7.2

Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

Page4

8. FinancingfacilitiesavailableAddnotesasnecessaryforanunderstandingoftheposition

Totalfacilityamountatquarterend

$A’000

Amountdrawnatquarterend

$A’000

8.1 Loanfacilities - -

8.2 Creditstandbyarrangements - -

8.3 Other(pleasespecify) - -

8.4 Includebelowadescriptionofeachfacilityabove,includingthelender,interestrateandwhetheritissecuredorunsecured.Ifanyadditionalfacilitieshavebeenenteredintoorareproposedtobeenteredintoafterquarterend,includedetailsofthosefacilitiesaswell.

9. Estimatedcashoutflowsfornextquarter $A’000

9.1 Researchanddevelopment (120)

9.2 Productmanufacturingandoperatingcosts (6,456)

9.3 Advertisingandmarketing (1,014)

9.4 Leasedassets (75)

9.5 Staffcosts (7,544)

9.6 Administrationandcorporatecosts (2,051)

9.7 Other(providedetailsifmaterial) -

9.8 Totalestimatedcashoutflows (17,260)

10. Acquisitionsanddisposalsofbusinessentities(items2.1(b)and2.2(b)above)

Acquisitions Disposals

10.1 Nameofentity

10.2 Placeofincorporationorregistration

10.3 Considerationforacquisitionordisposal

10.4 Totalnetassets

10.5 Natureofbusiness

10. Acquisitionsanddisposalsofbusinessentities(items2.1(b)and2.2(b)above)

Acquisitions Disposals

10.1 Nameofentity

10.2 Placeofincorporationorregistration

10.3 Considerationforacquisitionordisposal

10.4 Totalnetassets

10.5 Natureofbusiness

Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B

Page5

Notes(i)‘Property,plantandequipment’includesCapitalisationofhardwaresoldundersubscriptionmodel.(ii)‘Othernon-currentassets’includesCapitalisationofproductdevelopmentactivities.Compliancestatement

1 ThisstatementhasbeenpreparedinaccordancewithaccountingstandardsandpolicieswhichcomplywithListingRule19.11A.

2 Thisstatementgivesatrueandfairviewofthemattersdisclosed.Signhere: ............................................................ Date:.............................................

(Director/Companysecretary)Printname: .........................................................