Welcome to our dedicated page for Sportradar Group news (Ticker: SRAD), a resource for investors and traders seeking the latest updates and insights on Sportradar Group stock.
Sportradar Group AG (NASDAQ: SRAD) is a global sports technology company that regularly issues news about its operations at the intersection of sports, media and betting. Founded in 2001 and headquartered in St. Gallen, Switzerland, the company works with sports federations, media organizations, consumer platforms and sports betting operators, and its news flow reflects developments across this broad ecosystem.
On this page, readers can follow company announcements about financial results, partnerships, product launches and corporate actions. Sportradar frequently publishes quarterly financial and operating results, accompanied by detailed commentary on revenue by product category and geography, non-IFRS measures such as Adjusted EBITDA, and updates on its share repurchase program. These releases provide insight into trends in areas like Betting Technology & Solutions and Sports Content, Technology & Services.
News items also cover Sportradar’s agreements with major sports organizations and media partners. Recent examples include expanded collaborations with Bundesliga International, rights and data partnerships related to the FIFA Club World Cup 2025 alongside DAZN, and the completion of the acquisition of IMG ARENA and its global sports betting rights portfolio. The company also reports on the introduction of products such as 4Sight streaming, emBET, Live Player Markets and responsible gaming tools like Bettor Sense.
Corporate governance and recognition are additional themes in Sportradar’s news. Filings and press releases have highlighted board appointments, regulatory milestones for acquisitions and industry awards such as Data Service Provider of the Year at the American Gambling Awards. Investors, analysts and industry participants can use this news feed to monitor how Sportradar’s partnerships, technology initiatives and financial performance evolve over time.
Sportradar (NASDAQ: SRAD) reported strong Q2 2025 financial results and raised its full-year outlook. The company achieved record quarterly revenue of €318 million, up 14% year-over-year, with profit increasing to €49 million (15.5% of revenue). Adjusted EBITDA grew 31% to €64 million with margins expanding to 20.1%.
Key performance indicators include a Customer Net Retention Rate of 117%, U.S. revenue growth of 30%, and successful share repurchases totaling $65.5 million. The company maintains a strong balance sheet with €312 million in cash and total liquidity of €532 million with no debt.
Sportradar raised its 2025 outlook, now expecting revenue of at least €1,278 million (16% growth) and Adjusted EBITDA of at least €284 million (28% growth). The guidance excludes potential impact from the pending IMG ARENA acquisition.
Sportradar (NASDAQ: SRAD), a leading sports technology company, has scheduled the release of its Q2 2025 financial and operating results for Tuesday, August 5, 2025. The company will host an earnings conference call and webcast at 8:30 a.m. Eastern time on the same day.
Investors and interested parties can access the earnings webcast through Sportradar's Investor Relations website at investors.sportradar.com. A replay of the webcast will remain available on the website for one year following the event.
Sportradar Group AG (NASDAQ: SRAD) has announced the pricing of a secondary public offering of 23,000,000 Class A ordinary shares at $22.50 per share. The offering is being conducted by selling shareholders including Canada Pension Plan Investment Board, TCV, and CEO Carsten Koerl.
The underwriters have a 30-day option to purchase an additional 3,450,000 shares. Concurrent with the offering, Sportradar will repurchase 3,000,000 shares at the same price, as part of its existing $200 million share repurchase program, using cash on hand.
The secondary offering is expected to close on April 25, 2025, with Goldman Sachs and J.P. Morgan acting as lead book-running managers. Sportradar will not receive any proceeds from the secondary offering, and underwriters will not receive fees for shares being repurchased by the company.
Sportradar (NASDAQ: SRAD) has released preliminary unaudited financial results for Q1 2025. The sports technology company reported estimated revenue between €307-311 million, with profit ranging from €20-24 million. Adjusted EBITDA is expected to be between €56-58 million.
The company will announce its complete Q1 2025 financial and operating results on May 12, 2025, followed by an earnings call at 8:30 a.m. Eastern time. These preliminary figures are based on management's initial analysis and haven't been reviewed by the company's independent registered accounting firm. Final results may require adjustments to these preliminary numbers.
Sportradar Group AG (Nasdaq: SRAD) has announced a significant secondary public offering of 23,000,000 Class A ordinary shares by major shareholders including Canada Pension Plan Investment Board, Technology Crossover Ventures, and CEO Carsten Koerl. The underwriters have a 30-day option to purchase an additional 3,450,000 shares.
Concurrent with this offering, Sportradar has authorized the purchase of 3,000,000 Class A ordinary shares from underwriters, up to $75 million, as part of its existing $200 million share repurchase program. The company will fund this repurchase with cash on hand.
Goldman Sachs & Co. and J.P. Morgan are serving as joint book-running managers for the secondary offering. The shelf registration statement became effective on April 22, 2025. Notably, Sportradar will not receive any proceeds from this secondary offering, as the company is not selling any shares directly.
Sportradar (NASDAQ: SRAD) unveiled its growth strategy and financial outlook during its Investor Day, highlighting ambitious targets through 2027. The company projects a 15% CAGR in revenue, targeting at least €1.7 billion, alongside an Adjusted EBITDA of €455 million representing a 27% CAGR.
The sports technology leader serves over 2,100 clients worldwide and anticipates expanding its Adjusted EBITDA margin by 700 basis points. The company expects to generate approximately €275 million in free cash flow, with conversion reaching at least 60% by 2027.
The presentation features insights from industry leaders including NBA Commissioner Adam Silver, NHL Commissioner Gary Bettman, and executives from DraftKings and Kaizen Gaming. Sportradar emphasizes its position in the growing global sports betting market, highlighting opportunities in adjacent markets including online casino with a $2 billion serviceable addressable market.
Sportradar Group AG (NASDAQ: SRAD) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission on March 20, 2025.
The report is accessible through the company's investor relations website at investors.sportradar.com or the SEC's website at www.sec.gov. Shareholders can request a free paper copy of the annual report containing audited consolidated financial statements by emailing investor.relations@sportradar.com or sending a written request to Sportradar's headquarters in St. Gallen, Switzerland.
Sportradar (NASDAQ: SRAD) has announced a definitive agreement to acquire IMG ARENA from Endeavor Group Holdings. The acquisition includes IMG ARENA's global sports betting rights portfolio, comprising relationships with over 70 rightsholders covering approximately 39,000 official data events and 30,000 streaming events across 14 global sports.
The unique transaction structure requires no financial consideration from Sportradar, instead providing $225 million in financial consideration, with $125 million paid to Sportradar and up to $100 million in cash prepayments by Endeavor to certain rightsholders.
The acquisition strengthens Sportradar's position in the most bet-upon global sports, with basketball, soccer, and tennis accounting for approximately 70% of the rights. Notable properties include Wimbledon, U.S. Open, Roland-Garros, Major League Soccer, EuroLeague basketball, and PGA Tour. The deal is expected to close in Q4 2025, subject to regulatory approvals.