Business
Sportradar Reports Second Quarter Financial Results and Raises Full Year 2025 Outlook
Second Quarter 2025 Highlights Revenue increased 14% to a record €318 millionProfit for the period increased to €49 million and expanded to 15.5% as a
About this update from Sportradar Group Ag
[{"type":"text","content":"Second Quarter 2025 Highlights Revenue increased 14% to a record €318 millionProfit for the period increased to €49 million and expanded to 15.5% as a percentage of revenueAdjusted EBITDA1 increased 31% to €64 million and Adjusted EBITDA margin1 expanded to 20.1%Net cash generated from operating activities increased 14% to €97 million and Free cash flow1 was €52 millionAchieved a Customer Net Retention Rate1 of 117%Repurchased $65.5 million of shares under the share repurchase planRaised full year outlook to revenue of at least €1,278 million, or 16% growth and Adjusted EBITDA of at least €284 million, or 28% growth. ST. GALLEN, Switzerland, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced financial results for its second quarter ended June 30, 2025. Carsten Koerl, Chief Executive Officer of Sportradar, said: \"Our second quarter results, including record quarterly revenue, expanding operating margins and significant cash flow reflect our sustained operating momentum and execution against our growth strategy. Our industry leading scale, including our premium content and product portfolio and leading technology and AI, is driving customer uptake and above market growth. The inherent leverage in our business, combined with our focus on efficiencies, is driving sustainable margin expansion and cash flow generation. Looking ahead, given our momentum we are raising our full year expectations and anticipate the acquisition of IMG ARENA will further expand our capabilities, creating even greater value for our clients, partners and shareholders.\" SECOND QUARTER AND YEAR TO DATE FINANCIAL RESULTS Revenue Three-Month Period EndedJune 30, Six-Month Period EndedJune 30,in € thousands (unaudited) 2025 2024 Change % 2025 2024 Change %Revenue by product Betting & Gaming Content 199,579 180,980 18,599 10% 393,386 352,568 40,818 12%Managed Betting Services 59,187 49,103 10,084 21% 115,402 97,431 17,971 18%Betting Technology & Solutions 258,766 230,083 28,683 12% 508,788 449,999 58,789 13% Marketing & Media Services 40,992 35,414 5,578 16% 87,601 69,692 17,909 26%Sports Performance 12,222 9,892 2,330 24% 23,633 19,198 4,435 23%Integrity Services 5,810 3,031 2,779 92...