{"id":9244,"date":"2025-04-24T13:13:39","date_gmt":"2025-04-24T12:13:39","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=9244"},"modified":"2025-04-24T13:13:44","modified_gmt":"2025-04-24T12:13:44","slug":"sportradar-reports-net-profit-of-over-e20m-in-q1-2025","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/04\/24\/sportradar-reports-net-profit-of-over-e20m-in-q1-2025\/","title":{"rendered":"Sportradar Reports Net Profit of Over \u20ac20m in Q1 2025"},"content":{"rendered":"\n<p><strong>Sportradar<\/strong> achieved a profit of between \u20ac20m-\u20ac24m for the first quarter of 2025 according to an unaudited financial report.<\/p>\n\n\n\n<p>The <strong>Nasdaq<\/strong> sports technology group revealed that revenue rose to around \u20ac307m-\u20ac311m in a preliminary unaudited report published today (23 April).<\/p>\n\n\n\n<p>Meanwhile, adjusted EBITDA was between \u20ac56m and \u20ac58m. Items excluded from the Adjusted EBITDA figure included significant components in understanding and assessing financial performance.<\/p>\n\n\n\n<p>The figures come as Sportradar marks the 25th anniversary of launching its first commercial services package of pre-match and livescore APIs, during which time the company has grown significantly and secured extensive partnerships across sports and betting.<\/p>\n\n\n\n<p>Its technology platform has grown to service all major technology disciplines for sports, catering to a client portfolio of 900 media firms, 800 betting operators, and 400 pro-sports leagues.<\/p>\n\n\n\n<p>Last month, Sportradar published its FY and Q4 2024 financial results, which displayed a 26% YoY increase in full-year revenue to \u20ac1.1bn (\u00a3840m).<\/p>\n\n\n\n<p>The technology firm contributed the \u20ac229m rise to a 29% and a 15% growth in its Betting Technology and Solutions, and Sports Content, Technology &amp; Services segments, respectively.&nbsp;<\/p>\n\n\n\n<p><strong>Carsten Koerl<\/strong>, CEO of Sportradar, said at the time: \u201cThis past year we also grew our product offering, launching a number of award-winning products that expand our best-in-class product suite and bring fans closer to their favourite sports.&nbsp;<\/p>\n\n\n\n<p>\u201cImportantly, as we grow our topline, we are at an inflexion point for multi-year margin expansion and increasing cash flow, positioning us to deliver meaningful shareholder value for years to come.\u201d<\/p>\n\n\n\n<p>Sportradar has recently laid out its mission to deliver an unmatched scale in global sports and&nbsp; betting, captured by the accelerated development of its proprietary technologies and strategic acquisitions.<\/p>\n\n\n\n<p>The message was delivered at the company\u2019s investor day, where the Sportradar leadership team set its vision to become \u201cthe engine of the sports world\u201d.<\/p>\n\n\n\n<p>One Sportradar\u2019s most notable recent moves was the acquisition of <strong>IMG ARENA<\/strong>, expected to close in the fourth quarter of this year. The acquisition will enhance Sportradar\u2019s content and data rights&nbsp; portfolio, adding around 70% of rights across the top three global betting sports.<\/p>\n\n\n\n<p>According to Koerl: \u201cThe acquisition of IMG ARENA is a strategic move to accelerate revenue growth while integrating seamlessly into our platform, enhancing our relationships with key leagues and sportsbooks.\u201d<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sportradar achieved a profit of between \u20ac20m-\u20ac24m for the first quarter of 2025 according to an unaudited financial report. The Nasdaq sports technology group revealed that revenue rose to around \u20ac307m-\u20ac311m in a preliminary unaudited report published today (23 April). Meanwhile, adjusted EBITDA was between \u20ac56m and \u20ac58m. Items excluded from the Adjusted EBITDA figure [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":6359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1],"tags":[730,503],"class_list":["post-9244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","tag-carsten-koerl","tag-sportradar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sportradar Reports Net Profit of Over \u20ac20m in Q1 2025 - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"Sportradar achieved a profit of between \u20ac20m-\u20ac24m for the first quarter of 2025 according to an unaudited financial report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2025\/04\/24\/sportradar-reports-net-profit-of-over-e20m-in-q1-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sportradar Reports Net Profit of Over \u20ac20m in Q1 2025 - 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