Latest news with #CatapultGroup
Yahoo
a day ago
- Business
- Yahoo
Investors in Catapult Group International (ASX:CAT) have seen incredible returns of 656% over the past three years
We think that it's fair to say that the possibility of finding fantastic multi-year winners is what motivates many investors. Mistakes are inevitable, but a single top stock pick can cover any losses, and so much more. One such superstar is Catapult Group International Ltd (ASX:CAT), which saw its share price soar 656% in three years. Also pleasing for shareholders was the 63% gain in the last three months. We love happy stories like this one. The company should be really proud of that performance! So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Catapult Group International isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually desire strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. Over the last three years Catapult Group International has grown its revenue at 14% annually. That's pretty nice growth. Some shareholders might think that the share price rise of 96% per year is a lucky result, considering the level of revenue growth. A hot stock like this is usually well worth taking a closer look at, as long as you don't let the fear of missing out (FOMO) impact your thinking. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. We're pleased to report that Catapult Group International shareholders have received a total shareholder return of 203% over one year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 38% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Catapult Group International , and understanding them should be part of your investment process. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Zawya
27-05-2025
- Business
- Zawya
Kholo Capital and Maia Capital provide Catapult Group with R250 million mezzanine debt funding
Kholo Capital Mezzanine Debt Fund I ('Kholo Capital') ( and Maia Capital Partners ('Maia Capital') announced today that they have provided R250 million mezzanine debt funding to Catapult Group ('Catapult') to fund growth capital expenditure and to refinance a portion of existing senior debt to create cashflow headroom for the business as it embarks on its next growth phase. Catapult is a leading South African manufacturer and distributor of specialized building products, with a strong presence in the commercial, industrial, and residential real estate sectors with a 3,000-store retail distribution footprint. Catapult expanded in the past few years through strategic acquisitions, including the acquisition of Everite and Swartland businesses. Everite is known for its comprehensive range of Nutec products. The Nutec brand is Everite's proprietary fibre cement product line, encompassing ceilings, cladding, roofing (i.e., fascia boards, barge boards and roofing slates), facades, windowsills, cornices, building columns and lightweight Autoclaved Aerated Concrete ('AAC') bricks. Swartland is a market leading manufacturer of quality wood window frames, doors, garage doors, skirtings, finishes, par awnings, XPS insulation, cornices and lightweight aluminium-alloy window frames and doors. Zaheer Cassim, Managing Partner and Founder at Kholo Capital, remarked: 'We are delighted to be part of this growth and refinancing transaction with the Catapult Group. Our R250 million investment will assist the Catapult Group with its growth objectives and provide additional financial flexibility which positions the company for sustained growth and further value creation. This growth will in turn create new jobs over the investment period, which is a key focus of the Kholo Capital investment mandate.' Mokgome Mogoba, Managing Partner and Founder at Kholo Capital, observed: 'Catapult is supported by a strong management team and established equity sponsors with solid net asset bases and extensive industry expertise. The business has consistently delivered strong earnings performance, supported by long-established brands, highly recognizable building products, and a dominant market share in its key segments. We look forward to providing strategic input, adding value and propelling the Catapult Group to achieve its growth objectives.' Tshandu Ramusetheli, CEO of Maia Capital, said: 'This significant investment highlights Maia Capital's commitment to fostering sustainable development, particularly in one of our key impact themes of access to affordable, quality housing. By supporting Catapult, we are taking meaningful steps to ensure that all individuals have access to essential housing and services. This partnership exemplifies our belief that impactful investments can drive both economic growth and social progress.' Robin Vela, Chairman of Catapult Group, commented: 'The support from Kholo Capital and Maia Capital will enhance our ability to deliver long-term value to our customers, employees, and shareholders. Importantly, the investment will also facilitate job creation and contribute positively to the broader South African economy, an outcome we are deeply committed to. We extend our gratitude to Kholo Capital, Maia Capital, our equity partners and our management team for their unwavering belief in Catapult's potential. Together, we are well positioned to achieve our strategic objectives and unlock sustainable growth.' Norton Rose Fulbright acted as legal counsel to Kholo Capital and Maia Capital Distributed by APO Group on behalf of Kholo Capital. For more information contact: Zaheer Cassim Managing Partner – Kholo Capital Mezzanine Debt Fund I zaheer@ Tel: +27-83-786-0845 Mokgome Mogoba Managing Partner – Kholo Capital Mezzanine Debt Fund I mokgome@ Tel: +27-79-631-5860 Tshandu Ramusetheli Chief Executive Officer – Maia Capital Partners tshandu@ or invest@ Tel: +27-72-197-8752 Websites: About R1,4 billion Kholo Capital Mezzanine Debt Fund I: Kholo Capital is a specialist alternative investment fund management company with deep experience and track record in private markets. It was founded in 2020 by Mokgome Mogoba and Zaheer Cassim. Kholo Capital provides growth capital, acquisition funding and BEE financing into sectors of the Southern African economy with high social impact including affordable housing, healthcare, education, renewable energy, telecoms, financial technology and infrastructure. Our guiding business principles include commitment to add sustainable value to our investee companies and to adhere to the best ESG practices. The Fund uses the United Nation's 17 Sustainable Development Goals as guiding principles with key focus on those linked to job creation and sustainable growth. The Kholo Capital investment team has more than 100 years of collective credit and investment experience and is highly skilled in senior debt, mezzanine debt and private equity. The investment team has a strong track record in the credit and investment space and has invested in excess of R50bn of mezzanine debt, private equity and senior debt investment transactions in over 90 transactions in more than 10 African countries. Kholo Capital is managed by a cohesive, dynamic and nimble team and the management team has worked together over the last 21 years. About Maia Capital Partners: Maia Capital Partners was established in 2020 with a mission to generate competitive financial returns while driving positive social and environmental impact through private debt investments. The firm reached its final close in June 2024, raising over R1 billion from South African pension funds. The Maia Debt Impact Fund I is dedicated to driving economic transformation by providing mezzanine debt funding to mid-market companies across a variety of sectors, including renewable energy, affordable housing, healthcare, education, financial inclusion and more. Maia Capital's focus on economic transformation ensures we support industries that promote infrastructure development, job creation, and sustainable industrialization, while remaining open to a wide range of impactful transactions. Maia Capital Partners was founded by a team of seasoned investment professionals with over 80 years of combined experience in private markets, infrastructure, and impact investing. The firm is headquartered in Johannesburg, South Africa.
Fashion Network
23-05-2025
- Business
- Fashion Network
Cole Haan to enter performance wear arena, names new golf president
Cole Haan announced on Thursday a new partnership with Catapult Group for the creation of the American lifestyle brand's new performance apparel division. Upclose, the deal will bring to market Cole Haan golf apparel, with racket sports and performance lifestyle collections to follow. Scott Davis of Catapult Group will lead the new division as president of Cole Haan golf, overseeing global strategy and go-to-market operations. Davis boasts 25 years of experience across global fashion, golf brands, and retailers, and is known for driving growth and brand evolution, according to a press release. "Since re-entering the golf footwear category in 2021, we have been focused on a journey to bring well-designed, high-quality performance footwear and apparel to professionals and enthusiasts who live a 24/7 lifestyle—from the back nine to the corner office and everywhere in between," said Jack Boys, CEO at Cole Haan. "With Scott Davis and the Catapult team as our partners, we have the proven expertise needed to deliver on products at the intersection of style and performance—bringing a uniquely Cole Haan perspective to one of the world's fastest-growing sports." The first drop will launch globally in spring 2026. "It's a true honor to operate as president, Cole Haan golf at Catapult and help steward a brand celebrated for nearly a century of craftsmanship, innovation, and timeless American style," said Davis. "As a longtime PGA professional, I am deeply proud to bring my experience in the game to this exciting new chapter—introducing a golf apparel collection that merges performance with sophistication and extending the brand's legacy into the world of golf. This initiative underscores our commitment to meeting the evolving needs of today's athletes while staying true to the values that have defined Cole Haan for generations." Cole Haan is an American lifestyle brand distributed in over 100 countries.
Fashion Network
22-05-2025
- Business
- Fashion Network
Cole Haan to enter performance wear arena, names new golf president
Cole Haan announced on Thursday a new partnership with Catapult Group for the creation of the American lifestyle brand's new performance apparel division. Upclose, the deal will bring to market Cole Haan golf apparel, with racket sports and performance lifestyle collections to follow. Scott Davis of Catapult Group will lead the new division as president of Cole Haan golf, overseeing global strategy and go-to-market operations. Davis boasts 25 years of experience across global fashion, golf brands, and retailers, and is known for driving growth and brand evolution, according to a press release. "Since re-entering the golf footwear category in 2021, we have been focused on a journey to bring well-designed, high-quality performance footwear and apparel to professionals and enthusiasts who live a 24/7 lifestyle—from the back nine to the corner office and everywhere in between," said Jack Boys, CEO at Cole Haan. "With Scott Davis and the Catapult team as our partners, we have the proven expertise needed to deliver on products at the intersection of style and performance—bringing a uniquely Cole Haan perspective to one of the world's fastest-growing sports." The first drop will launch globally in spring 2026. "It's a true honor to operate as president, Cole Haan golf at Catapult and help steward a brand celebrated for nearly a century of craftsmanship, innovation, and timeless American style," said Davis. "As a longtime PGA professional, I am deeply proud to bring my experience in the game to this exciting new chapter—introducing a golf apparel collection that merges performance with sophistication and extending the brand's legacy into the world of golf. This initiative underscores our commitment to meeting the evolving needs of today's athletes while staying true to the values that have defined Cole Haan for generations." Cole Haan is an American lifestyle brand distributed in over 100 countries.
Fashion Network
22-05-2025
- Business
- Fashion Network
Cole Haan to enter performance wear arena, names new golf president
Cole Haan announced on Thursday a new partnership with Catapult Group for the creation of the American lifestyle brand's new performance apparel division. Upclose, the deal will bring to market Cole Haan golf apparel, with racket sports and performance lifestyle collections to follow. Scott Davis of Catapult Group will lead the new division as president of Cole Haan golf, overseeing global strategy and go-to-market operations. Davis boasts 25 years of experience across global fashion, golf brands, and retailers, and is known for driving growth and brand evolution, according to a press release. "Since re-entering the golf footwear category in 2021, we have been focused on a journey to bring well-designed, high-quality performance footwear and apparel to professionals and enthusiasts who live a 24/7 lifestyle—from the back nine to the corner office and everywhere in between," said Jack Boys, CEO at Cole Haan. "With Scott Davis and the Catapult team as our partners, we have the proven expertise needed to deliver on products at the intersection of style and performance—bringing a uniquely Cole Haan perspective to one of the world's fastest-growing sports." The first drop will launch globally in spring 2026. "It's a true honor to operate as president, Cole Haan golf at Catapult and help steward a brand celebrated for nearly a century of craftsmanship, innovation, and timeless American style," said Davis. "As a longtime PGA professional, I am deeply proud to bring my experience in the game to this exciting new chapter—introducing a golf apparel collection that merges performance with sophistication and extending the brand's legacy into the world of golf. This initiative underscores our commitment to meeting the evolving needs of today's athletes while staying true to the values that have defined Cole Haan for generations." Cole Haan is an American lifestyle brand distributed in over 100 countries.
