Sportradar Announces Preliminary First Quarter 2025 Financial Results | SRAD Stock News

Author's Avatar
4 days ago
  • Revenue projected at €307-311 million for Q1 2025.
  • Projected profit for the quarter at €20-24 million.
  • Adjusted EBITDA expected to be between €56-58 million.

Sportradar (SRAD, Financial), a leading sports technology company, has announced preliminary unaudited financial results for the first quarter of 2025. The company anticipates revenue ranging from €307 million to €311 million, reflecting its ongoing growth in the sports, media, and betting industries.

The estimated profit for the period stands between €20 million and €24 million. Sportradar's Adjusted EBITDA is projected between €56 million and €58 million, showcasing the company's robust financial health in the competitive sports technology sector.

The complete financial and operating results for Q1 2025 will be disclosed on May 12, 2025, followed by an earnings call at 8:30 a.m. Eastern Time. The preliminary figures are derived from the management's initial analysis and may be subject to adjustments during the final review process, which will be reflected in the full earnings report.

Sportradar's results remain subject to further examination and have not been audited by their independent accounting firm. As a global leader, Sportradar continues to innovate in providing immersive experiences for sports fans and bettors, partnering with prominent organizations such as the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.