An announcement from Sportradar Group AG ( (SRAD) ) is now available.
On March 19, 2025, Sportradar Group AG announced its financial results for the fourth quarter and full year of 2024, reporting a 26% increase in revenue to €1,107 million and a profit of €34 million. The company also highlighted a significant 33% growth in adjusted EBITDA and a 36% increase in net cash from operating activities. Sportradar’s strategic acquisition of IMG ARENA’s sports rights portfolio is set to enhance its global sports coverage, particularly in popular betting sports, and is expected to provide substantial shareholder value through multi-year margin expansion and increased cash flow.
More about Sportradar Group AG
Sportradar Group AG is a leading global sports technology company that focuses on creating immersive experiences for sports fans and bettors. The company is known for its comprehensive sports data services, betting technology, and solutions, as well as marketing and media services. Sportradar is positioned in the sports industry with a strong emphasis on innovation and expanding its product offerings to enhance sports coverage and engagement.
YTD Price Performance: 15.14%
Average Trading Volume: 828,134
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.99B
For an in-depth examination of SRAD stock, go to TipRanks’ Stock Analysis page.
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