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Read Full BioAccording to the firm’s unaudited results released last week, Sportradar amassed profit of between €20 million and €24 million in the first quarter of 2025.
The Nasdaq-listed company also revealed substantial revenue growth of between €307 million and €311 million in the same period.
Financial figures released on April 23 also indicated that Sportradar had adjusted its EBITDA range from €56 million to €58 million, which denotes the firm’s improved operational efficiency.
While the Sportradar Group’s results have yet to be audited, they are dictated by the firm’s internal data recorded as of 22 April, which will be followed by a full financial report due on 12 May.
2025 marks Sportradar’s 25th year of operation, and the firm’s executive board was keen to use the latest Q1 reports to showcase its evolutionary rise from simply a pre-match and livescore API platform to a multinational sports, media, and betting enterprise.
Sportradar Leadership Reflects on Expansion and Profit Opportunity
Within the group’s portfolio, its current client roster of affiliates incorporates more than 900 media companies and 800 betting operators across 400 professional sports league formats.
Commenting on the company’s exponential growth trajectory, CEO Carsten Koerl said, “This 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.”
Koerl added: “Importantly, 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.”
Sportradar’s strong Q1 follows a record-breaking 2024, which saw the firm post €1.1 billion in full-year revenues, marking a 26% increase year-over-year. Its surging stock price was also fuelled by the operational growth of its Betting Technology and Solutions division, in tandem with a 15% revenue rise in its Sports Content, Technology & Services segment.
Acquisition of IMG ARENA to Boost Content Reach
Not only content with its organic growth propulsion, Sportradar Group also recently announced the planned acquisition of IMG ARENA – a move analysts claim would add approximately 70% of its content and data rights across the top three global betting sports markets.
The deal, expected to close in Q4 later this year, has been recognised as a significant step forward for the firm in strengthening its much broader market ambitions.
“Our 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,” Koerl stated. In doing so, he also suggests they’re targeting becoming “the engine of the sports world,” a goal reinforced by its continued strategic investments and rapidly developing technological portfolio.
Nevertheless, despite the positive projections, Sportradar acknowledged that these preliminary figures are subject to change following an official final audit. However, with the official Q1 results set to be released next month, insiders are confident they will reflect its continued growth within the competitive sector.
