Sportradar Earnings Reports

Sportradar delivered a solid first quarter with a 17% year-over-year increase in revenue, significantly higher net income, and expanding EBITDA margins. The company benefited from strong performance in both Betting Technology and Sports Content segments, while also making strategic moves including the acquisition of IMG ARENA and an extended partnership with MLB.

Sportradar posted €307 million in revenue for Q4 2024, marking a 22% increase compared to the previous year. Despite strong operational growth and a 53% increase in adjusted EBITDA to €61 million, the company reported a net loss of €1.3 million due to significant foreign currency losses. The U.S. market demonstrated strong expansion, contributing 24% of total revenue for the quarter.