Record-Breaking Quarterly Revenue
Sportradar achieved its highest-ever quarterly revenue of €311 million, marking a 17% year-over-year increase.
Strong U.S. Market Growth
U.S. revenue grew by 31% and now represents 28% of Sportradar's total company revenues.
Adjusted EBITDA Growth
Adjusted EBITDA increased by 25% year-over-year, showcasing strong operating leverage and financial performance.
Broad-Based Product Growth
Significant growth across the product portfolio, including Betting Technology and Solutions revenue growth of 14% and Sports Content, Technology and Services growth of 33%.
Strategic Acquisition of IMG Arena
Proposed acquisition of IMG Arena's portfolio of sports rights expected to be margin accretive and cash accretive upon closing.
Successful Share Repurchase
Repurchased $65 million worth of shares under the existing $200 million share repurchase program, demonstrating confidence in shareholder value.
Innovative Product Expansion
Continued innovation with new products like 4Sight Streaming and enhanced NBA player markets, contributing to increased fan engagement.