The All Ordinaries Index (ASX: XAO) closed up 0.57% on Tuesday, with one ASX All Ords stock again racing ahead of those returns.
The high-flying stock in question is global sports data and analytics company Catapult Group International Ltd (ASX: CAT).
Catapult shares closed up 4.5% yesterday, trading for $3.71 apiece. As you can see in the chart below, that puts the share price up a blistering 179% since this time last year. Or enough to turn a $5,000 investment into $13,950.
So, is it too late to buy the ASX All Ords stock?
Not according to Seneca Financial Solutions' Arthur Garipoli (courtesy of The Bull).
ASX All Ords stock on the growth path
"This sports wearable and analytics company provides sporting teams with technology to track and optimise player performance in real time," explained Garipoli, who has a buy recommendation on Catapult shares.
As for the company's footprint, he noted, "Catapult works with more than 4,400 teams in more than 40 sports across more than 100 countries."
And the ASX All Ords stock has been delivering some strong financial results.
Garipoli said:
Catapult recently released strong first half results in fiscal year 2025. All operating metrics were well above forecasts. In our view, Catapult is set to potentially become one of the better growth companies listed on the ASX.
With the past year's phenomenal growth, and potentially more share price gains ahead, Catapult may grow beyond an ASX All Ords stock in 2025. Which, Garipoli pointed out, could provide additional tailwinds for the company.
"Another catalyst is its possible inclusion in the S&P/ASX 300 Index (ASX: XKO) next March," he said.
Among other potential benefits, this would see Catapult shares acquired by index tracking funds intended to mirror the ASX 300.
What did Catapult report for H1 FY 2025?
The ASX All Ords stock released its half-year results for the six months to 30 September (1H FY 2025) on 14 November.
Highlights included a 20% year on year increase in the company's annualised contract value (ACV) on a constant currency basis to $143 million.
Revenue was up 19% from 1H FY 2024 to $85 million, and Catapult delivered free cash flow of $7 million over the half year.
Commenting on the results that saw the share price close up 9.1% on the day, Catapult chief financial officer Bob Cruickshank said, "Catapult continues to deliver a financial performance consistent with some of the best SaaS businesses we benchmark ourselves against."
Addressing the positive progress the ASX All Ords stock has been making, he added, "Exceeding US$50 million of recurring revenue in a half year for the very first time highlights the strength of our product, technology, and market leadership position."
