Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €14.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 7x in the Hospitality industry in Germany. Total returns to shareholders of 26% over the past three years. Announcement • May 22
Kessler Topaz Meltzer & Check, LLP Files Securities Fraud Class Action Lawsuit Against Sportradar Group AG Kessler Topaz Meltzer & Check, LLP filed a securities fraud class action lawsuit against Sportradar Group AG, on behalf of investors who purchased or otherwise acquired Sportradar Class A ordinary shares between November 7, 2024, and April 21, 2026, inclusive. The action, captioned Smale v. Sportradar Group AG, et al., Case No. 1:26-cv-04112, was filed in the United States District Court for the Southern District of New York. The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company’s business and operations. Specifically, Defendants misrepresented and/or failed to disclose that Sportradar intentionally worked with black-market gambling operators to increase its revenues, despite its assurances of strict legal and regulatory compliance and claims that ethics and integrity were crucial for Sportradar’s operations; the Company’s KYC and compliance processes were not as robust as Defendants’ had claimed; and as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis. The Class Period begins on November 7, 2024, and ends on April 21, 2026. Investors who purchased or otherwise acquired Sportradar Class A ordinary shares during the Class Period may, no later than July 17, 2026, move the Court to serve as lead plaintiff for the class. Announcement • Apr 30
Sameer Deen Appoints Sameer Deen to Join Sportradar Team as Chief Operating Officer, Effective May 18, 2026 Sportradar Group AG announced appointment of Sameer Deen to join leadership team as Chief Operating Officer,
commencing May 18, 2026. He will report directly to Sportradar’s Chief Executive Officer, Carsten Koerl. In his role as COO, Mr. Deen will oversee Commercial and Group Operations while collaborating closely with the executive leadership team to advance the organization’s strategy and growth. With a unique blend of strategic vision and proven operational expertise, Mr. Deen brings more than 25 years of experience across the sports betting, media, and digital commerce industries to his new position. Most recently, Mr. Deen served as Chief Commercial Officer & President at Entain plc (LSE: ENT), an international sports betting and gaming entertainment company where he was instrumental in scaling its commercial footprint and driving operational efficiencies. His appointment comes as Sportradar continues to strengthen its position as the leading global provider of sports data, technology, and content solutions to the sports betting, media, and sports industries worldwide. Previously, Mr. Deen served as Chief Digital Officer and Senior Vice President of Digital at Univision Communications Inc., an international media company, where he oversaw a diverse portfolio of brands with significant digital audience engagement. His experience also includes senior leadership positions at Scripps Networks Interactive, a US media company, and entrepreneurial ventures including founding and leading a technology startup from concept to successful operation. Announcement • Apr 17
Sportradar Group AG to Report Q1, 2026 Results on May 06, 2026 Sportradar Group AG announced that they will report Q1, 2026 results on May 06, 2026 Announcement • Apr 08
Sportradar Group AG, Annual General Meeting, May 20, 2026 Sportradar Group AG, Annual General Meeting, May 20, 2026, at 10:00 W. Europe Standard Time. Location: at dufourstrasse, 23, 8008, zurich Switzerland Announcement • Mar 25
Sportradar Group Ag Launches iGaming Brand Playradar Sportradar Group AG announced the launch of Playradar, a dedicated brand delivering a fully-integrated ecosystem of cross-vertical gaming experiences to global operators. Playradar will leverage Sportradar’s live and historical sports data and AV streams, combined with casino games, to create unique, proprietary, hybrid products featuring: Live 24/7 Experience Centre – players will be offered a game and a live stream to watch simultaneously on the same screen, blending sports viewing and gaming for pure engagement or betting real money. This creates a community and opportunities for players to interact in real-time, sharing tips, game preferences and reactions. Live & Historical Streaming Sports/Casino Hybrid Content – transforming real sporting moments into interactive event driven gameplay by blending live and historical sports streaming with casino mechanics to create innovative hybrid gaming experiences. A live prediction product will also be powered by Sportradar’s live data. Premium iGaming Content – virtual sports and a full suite of casino games, from slots and table games to arcade and crash, developed to the highest standards for a positive player experience. Sportradar is uniquely positioned to scale its iGaming business through its existing game studio, sports data expertise, streaming capabilities and global distribution network. The company's marketing, acquisition and retention technologies leverage deep insight into player behavior across both betting and iGaming verticals, reinforcing Sportradar’s relationships with sportsbook and casino operators worldwide. With the majority of Sportradar's clients already operating across both verticals, iGaming is a natural channel to drive long-term monetization and lifetime value alongside betting. Playradar will operate exclusively in regulated markets, with responsible gaming and integrity embedded into every product it delivers. Game releases are scheduled throughout 2026, with an initial roll-out across the UK, North America and Latin America. The full product range will span classic table games, arcades and slots, as well as virtual sports. Announcement • Feb 20
Sportradar Group AG to Report Q4, 2025 Results on Mar 03, 2026 Sportradar Group AG announced that they will report Q4, 2025 results on Mar 03, 2026 Announcement • Dec 15
Sportradar Group AG Announces Election of Breon Corcoran to the Board of Directors, Effective December 11, 2025 Sportradar Group AG held an extraordinary general meeting of shareholders on December 11, 2025, in which the shareholders approved the election of Breon Corcoran to the board of directors for a term of office until the conclusion of the Annual General Meeting in 2026. Mr. Corcoran is a recognized leader in technology and digital transformation with extensive experience in scaling international businesses, having led teams across Europe, Australia, and the U.S. Previous to his current position as CEO of IG Group, Mr. Corcoran served in Chief Executive Officer roles at Zepz from October 2018 to August 2022, Paddy Power Betfair plc (now Flutter Entertainment plc from February 2016 to January 2018, and Betfair plc from August 2012 to February 2016. From August 2022 to August 2024, he served as Chairman of the board of directors of Auction Technology Group . Mr. Corcoran holds a BA in Mathematics from Trinity College Dublin and a MBA from INSEAD. In 2016, he was named The Sunday Times“Business Leader of the Year” for his vision and leadership. Announcement • Oct 21
Sportradar Group AG to Report Q3, 2025 Results on Nov 05, 2025 Sportradar Group AG announced that they will report Q3, 2025 results on Nov 05, 2025 Announcement • Aug 05
Sportradar Group Ag Raises Earnings Guidance for the Fiscal Year 2025 Sportradar Group AG raised earnings guidance for the fiscal year 2025. For the year, the company expected revenue of at least €1,278 million, representing year-on-year growth of at least 16%. Announcement • Jul 15
Sportradar Group AG to Report Q2, 2025 Results on Aug 05, 2025 Sportradar Group AG announced that they will report Q2, 2025 results on Aug 05, 2025 Announcement • May 12
Sportradar Group AG Reiterates Earnings Guidance for Its Fiscal 2025 Sportradar Group AG reiterated earnings guidance for its fiscal 2025. For the year 2025, the company expects revenue of at least €1,273 million, representing year-on-year growth of at least 15%. Announcement • Apr 25
Sportradar Group AG has completed a Follow-on Equity Offering in the amount of $517.5 million. Sportradar Group AG has completed a Follow-on Equity Offering in the amount of $517.5 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,000,000
Price\Range: $22.5
Discount Per Security: $0.675 Announcement • Apr 24
Sportradar Group AG has filed a Follow-on Equity Offering. Sportradar Group AG has filed a Follow-on Equity Offering.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,000,000 Announcement • Apr 23
Sportradar Group AG to Report Q1, 2025 Results on May 12, 2025 Sportradar Group AG announced that they will report Q1, 2025 results on May 12, 2025 Announcement • Apr 02
Sportradar Group AG Provides Earnings Guidance for the Year 2027 Sportradar Group AG provided earnings guidance for the year 2027. For the year, the company expects Revenue of at least €1.7 billion, representing a 15% CAGR. Announcement • Mar 06
Sportradar Group AG to Report Q4, 2024 Results on Mar 19, 2025 Sportradar Group AG announced that they will report Q4, 2024 results on Mar 19, 2025 Announcement • Feb 15
Sportradar Group AG Announces Resignation of Mr. Hafiz Lalani as Board of Director Mr. Hafiz Lalani, a member of the board of directors of Sportradar Group AG (the "Company"), has submitted his resignation from the board of directors, in conjunction with his departure as an employee of CPP Investments, effective as of the close of business on February 13, 2025. In accordance with the Company's applicable corporate governance agreements, CPP Investments has proposed Pascal Keutgens to be considered by stockholders for election to the board. Mr. Keutgens joined CPP Investments in 2019 and is currently Head of Direct Private Equity in Europe. The nomination of Mr. Keutgens will be presented to stockholders at the Company's 2025 Annual General Meeting to be held on May 15, 2025. Further information on the 2025 AGM will be made available in March 2025. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: €0.033 (vs €0.016 in 3Q 2023) Third quarter 2024 results: EPS: €0.033 (up from €0.016 in 3Q 2023). Revenue: €255.2m (up 27% from 3Q 2023). Net income: €37.3m (up €32.4m from 3Q 2023). Profit margin: 15% (up from 2.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Sportradar Group AG Raises Earnings Guidance for the Fiscal Year 2024 Sportradar Group AG raised earnings guidance for the fiscal year 2024. For the year, the company expects Revenue of at least €1,090 million, up 24% year-over-year, compared with prior outlook of €1,070 million. Announcement • Oct 17
Sportradar Group AG to Report Q3, 2024 Results on Nov 07, 2024 Sportradar Group AG announced that they will report Q3, 2024 results on Nov 07, 2024 Reported Earnings • Aug 14
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €278.4m (up 29% from 2Q 2023). Net loss: €1.45m (down €1.49m from profit in 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in Germany. Announcement • Aug 14
Sportradar Group AG Raises Earnings Guidance for the Full Year 2024 Sportradar Group AG raised earnings guidance for the full year 2024. For the year, the company expects Revenue of €1,070 million compared with prior outlook of €1,060 million, up 22% year-over-year and representing a 1-percentage point improvement in the full year growth rate outlook. Announcement • Jul 17
Sportradar Group AG to Report Q2, 2024 Results on Aug 13, 2024 Sportradar Group AG announced that they will report Q2, 2024 results on Aug 13, 2024 Reported Earnings • May 17
First quarter 2024 earnings released: €0.001 loss per share (vs €0.023 profit in 1Q 2023) First quarter 2024 results: €0.001 loss per share (down from €0.023 profit in 1Q 2023). Revenue: €265.9m (up 28% from 1Q 2023). Net loss: €574.0k (down 108% from profit in 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Announcement • May 03
Sportradar Group AG Appoints Behshad Behzadi as Chief Technology Officer and Chief Artificial Intelligence Officer Sportradar Group AG announced that Behshad Behzadi has been named Chief Technology Officer and Chief Artificial Intelligence Officer of the Company, effective May 1. As Sportradars CTO and CAIO, Behzadi will be based in the organizations headquarters in Switzerland and report directly to Chief Executive Officer, Carsten Koerl. Working collaboratively across the organization, Behzadi will drive the usage and adoption of AI and cutting-edge technology to enhance its product offerings and roadmap to deliver hyper-personalized experiences for sports fans. Additionally, his extensive experience in leading initiatives aimed at improving internal operational efficiency will help optimize processes and drive innovation across the business. With more than 20 years of experience, Behzadi is a distinguished computer scientist and recognized global technology leader with expertise in algorithms, search ranking, natural language processing, speech recognition, machine learning and generative AI. Behzadi joined Google Zurich in 2006 and has played a key role in Googles AI-first strategy as co-founder of Google Assistant, Google Lens, Google Smart Display and the Next Gen Assistant, a breakthrough in mobile assistant technology with on-device Machine Learning. Most recently, he led Google Cloud's Conversational AI and applied Generative AI initiative focusing on applying the latest AI advancements to reimagine and automate customer services and operations for large enterprises. Behzadi earned a PhD in Bioinformatics from Ecole Polytechnique in Paris and did postdoctoral research at the Max Planck Institute for Molecular Genetics. Buy Or Sell Opportunity • Mar 28
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 7.4% to €10.55. The fair value is estimated to be €8.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 125%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Announcement • Mar 25
Sportradar Group AG, Annual General Meeting, May 17, 2024 Sportradar Group AG, Annual General Meeting, May 17, 2024, at 10:00 Central European Standard Time. Location: Dufourstrasse 23, 8008 Zurich, Switzerland Zürich Switzerland Agenda: TO consider Reporting on the year ended December 31, 2023; TO consider Consultative Vote on the Compensation Report; TO consider Sustainability Report. Announcement • Mar 23
Sportradar Group AG Reiterates Earnings Guidance for the Fiscal Year 2024 Sportradar Group AG reiterated earnings guidance for the fiscal year 2024. For the year, the company expects revenue of at least €1,050 million, representing year-on-year growth of at least 20%. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: €0.032 (vs €0.037 in FY 2022) Full year 2023 results: EPS: €0.032. Revenue: €877.6m (up 20% from FY 2022). Net income: €35.4m (up 225% from FY 2022). Profit margin: 4.0% (up from 1.5% in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Germany. Buy Or Sell Opportunity • Mar 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.6% to €8.85. The fair value is estimated to be €11.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 29
Sportradar Group AG to Report Q4, 2023 Results on Mar 20, 2024 Sportradar Group AG announced that they will report Q4, 2023 results on Mar 20, 2024 Buy Or Sell Opportunity • Feb 21
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at €9.06. The fair value is estimated to be €11.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company became loss making. Announcement • Dec 04
Sportradar Appoints Jim Bombassei as Senior Vice President, Investor Relations and Corporate Finance Sportradar announced the appointment of Jim Bombassei as senior vice president, investor relations and corporate finance, effective immediately. Based in New York, he will report directly to Gerard Griffin, Chief Financial Officer. In this role, Bombassei will be responsible for building and maintaining relationships with the global investment community, and communicating the company’s business model, long-term strategy and financial performance. He will also have oversight of the company’s Corporate Finance function. Bombassei brings significant financial and investor relations experience to the role having held senior executive positions in the media, technology and gaming industries. Most recently, Bombassei served as CFO of SciPlay Corporation where he oversaw accounting, financial reporting, FP&A and investor relations. Prior to that, he spent approximately 30 years at Viacom where he led the company’s corporate finance and investor relations activities. Bombassei began his career at Ernst & Young as an auditor. Reported Earnings • Nov 02
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €201.0m (up 12% from 3Q 2022). Net income: €4.83m (down 61% from 3Q 2022). Profit margin: 2.4% (down from 7.0% in 3Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Announcement • Oct 07
Sportradar Group AG to Report Q3, 2023 Results on Nov 01, 2023 Sportradar Group AG announced that they will report Q3, 2023 results on Nov 01, 2023 Buying Opportunity • Sep 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.0%. The fair value is estimated to be €13.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Meanwhile, the company became loss making. Announcement • Aug 31
Sportradar Group Ag Provides Revenue Guidance for Fiscal 2023, Third Quarter 2023 and Fourth Quarter 2023 Sportradar Group AG provided revenue guidance for fiscal 2023, third quarter 2023 and fourth quarter 2023. For fiscal 2023, revenue in the range of €902.0 million to €920.0 million, representing growth of 24% to 26% over fiscal 2022.For third quarter 2023 should represent approximately 43% of second half revenue. For fourth quarter 2023 should represent approximately 57% of second half revenue. Announcement • Aug 10
Sportradar Group AG Reaffirms Revenue Guidance for Fiscal year 2023 Sportradar Group AG reaffirmed revenue guidance for fiscal year 2023. For the period, Revenue in the range of €902.0 million to €920.0 million, representing growth of 24% to 26% over fiscal 2022. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: €0 (vs €0.077 in 2Q 2022) Second quarter 2023 results: EPS: €0 (down from €0.077 in 2Q 2022). Revenue: €216.4m (up 22% from 2Q 2022). Net income: €45.0k (down 100% from 2Q 2022). Profit margin: 0% (down from 13% in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Announcement • Jul 13
Sportradar Group AG to Report Q2, 2023 Results on Aug 09, 2023 Sportradar Group AG announced that they will report Q2, 2023 results on Aug 09, 2023 Announcement • May 20
Sportradar Group AG Approves Board Appointments Sportradar Group AG at is annual general meeting held on May 16, 2023, approved the appointment of Rajani Ramanathan and William Kurtz as Director. Announcement • May 11
Sportradar Group Ag Reaffirms Its Annual Outlook for Fiscal 2023 Sportradar Group AG reaffirmed its annual outlook that was provided on March 15, 2023, the company expects its revenue for fiscal 2023 to be in the range of €902.0 million to €920.0 million ($983.2 million to $1,002.8 million), representing growth of 24% to 26% over fiscal 2022. Reported Earnings • May 10
First quarter 2023 earnings released: EPS: €0.02 (vs €0.027 in 1Q 2022) First quarter 2023 results: EPS: €0.02 (down from €0.027 in 1Q 2022). Revenue: €207.6m (up 24% from 1Q 2022). Net income: €6.82m (down 16% from 1Q 2022). Profit margin: 3.3% (down from 4.8% in 1Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in Germany. Reported Earnings • Mar 16
Full year 2022 earnings released Full year 2022 results: Revenue: €730.2m (up 30% from FY 2021). Net income: €10.9m (down 13% from FY 2021). Profit margin: 1.5% (down from 2.2% in FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in Germany. Buying Opportunity • Feb 23
Now 22% undervalued Over the last 90 days, the stock is up 2.8%. The fair value is estimated to be €14.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 31%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 26% per annum over the same time period. Announcement • Feb 16
Sportradar Group AG to Report Q4, 2022 Results on Mar 15, 2023 Sportradar Group AG announced that they will report Q4, 2022 results on Mar 15, 2023 Announcement • Feb 02
Sportradar Appoints Severine Riviere as Chief People Officer Sportradar announced the appointment of Severine Riviere as Chief People Officer, effective immediately. Riviere, who brings two decades of experience in global human resource management and business transformation to the role, will be responsible for all aspects of Sportradar's human resources strategy, including talent management, leadership development, total rewards, and workplace culture, and will report directly to Sportradar CEO Carsten Koerl. Riviere joins Sportradar from Fyffes International where she served as Chief Human Resources Officer and launched strategic plans to improve operational efficiency and transform culture. Throughout her career, Riviere has worked in human capital management for international, multi-industry B2B and B2C businesses ranging from 5,000 to 85,000 employees and developed a successful track record of guiding senior executive and HR teams to adopt innovative and result-oriented strategies. Buying Opportunity • Feb 01
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €13.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 31%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 26% per annum over the same time period. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €11.10, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 17x in the Hospitality industry in Europe. Total returns to shareholders of 5.7% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €14.20 per share. Reported Earnings • Nov 17
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €178.8m (up 31% from 3Q 2021). Net income: €12.5m (up €21.3m from 3Q 2021). Profit margin: 7.0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in Germany. Announcement • Nov 17
Sportradar Group AG Raises Earnings Guidance for the Fiscal 2022 Sportradar Group AG raised earnings guidance for the fiscal 2022. For the period, the company expects revenue outlook to a range of €718.0 million to €723.0 million ($703.6 million to $708.5 million), from its previous range of €695.0 million to €715.0 million representing prospective growth of 28% to 29% over fiscal 2021. Announcement • Oct 18
Sportradar Group AG to Report Q3, 2022 Results on Nov 16, 2022 Sportradar Group AG announced that they will report Q3, 2022 results on Nov 16, 2022 Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: €0.077 (vs €28.70 in 2Q 2021) Second quarter 2022 results: EPS: €0.077. Revenue: €177.2m (up 23% from 2Q 2021). Net income: €22.8m (up 50% from 2Q 2021). Profit margin: 13% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 685% growth forecast for the Hospitality industry in Germany. Announcement • Aug 18
Sportradar Group AG Revises Financial Guidance for the Fiscal Year 2022 Sportradar Group AG revised financial guidance for the fiscal year 2022. The company is upgrading its revenue outlook for fiscal 2022 from its previous range of €665.0 million to €700.0 million ($698.3 million to $735.0 million) to a new range of €695.0 million to €715.0 million ($729.8 million to $750.8 million), representing prospective growth of 24% to 27% over fiscal 2021. Announcement • Jul 21
Sportradar Group AG to Report Q2, 2022 Results on Aug 17, 2022 Sportradar Group AG announced that they will report Q2, 2022 results on Aug 17, 2022 Announcement • Jun 09
Sportradar Group AG Appoints Eric Conrad as Managing Director, Strategic Partnerships & Content for North America Sportradar Group AG announced the appointment of Eric Conrad as Managing Director, Strategic Partnerships & Content, North America. Conrad will report directly to Eduard Blonk, Chief Commercial Officer. In this newly created role, Conrad will build upon the successful foundation established by the US Sports Content and Partnerships (SCP) team, which will now report to him. Over the last several years, the SCP team has secured critical partnerships including the NHL, NBA and MLB, all of which have primed Sportradar to innovate and drive value for its customers and sports fans as well as establish the company as the market leader in North America. Conrad will work closely with Sportradar’s media and betting partners to maximize commercial returns, as well as pursue new, long-term partnerships that will help drive consistent, continued growth. Conrad is an accomplished sports media executive with more than 20 years of transactional sports rights experience at both major professional leagues and industry leading media companies, having personally negotiated hundreds of agreements across multiple sport genres for both US and international markets. He joins Sportradar from Univision where most recently he was Executive Vice President, Sports Programming and Acquisitions with the responsibility of building their sports rights portfolio by securing partnerships with top leagues and properties in the world, including FIFA, UEFA, Concacaf, Conmebol, and MLS, among others. Prior to Univision, Conrad served in various roles within ESPN’s Programming and Acquisition team and held media rights and sponsorship sales positions with MLB and the NBA. Announcement • May 20
Sportradar Launches First Virtual Cricket In-Play Solution Sportradar has strengthened its market leading portfolio of cricket products and services with the launch of Virtual Cricket In-Play. The first in-play virtual-betting solution for the sport, the new product fully leverages the power of Sportradar’s historic database to generate a ‘real-match’ cricket experience in a virtual setting and bring fans closer to the action. Virtual Cricket In-Play adds to Sportradar’s overall cricket offering which is underpinned by proprietary data collection tool Cricket Live Score Plus (CLS+) and boasts official data and audio-visual content from the International Cricket Council (ICC). Modelled on the popular T20 format of the game, Virtual Cricket In-Play’s hyper-real 3D animation engine puts the fans at the centre of 400 million unique game situations and opens new business opportunities for operators worldwide wanting to enrich engagement with the fourth most popular betting sport globally by turnover. More than 3.8 billion unique video seconds bring to life the complexity and excitement of the game with matches featuring the top eight teams from India’s leading T20 competition. Playing out matches live and in full, games include 20 overs per team plus super overs in the event of draw, Sportradar’s team of cricket experts and data engineers process millions of data points from thousands of real cricket matches to fuel the odds and probabilities within the solution’s live betting markets. Virtual Cricket In-Play offers live bets on 56 matches a season, creating more than 10,000 individual betting opportunities over the same period. The product offers ball-by-ball betting and all major betting markets including Back and Lay. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: €0.027 (vs €6.41 in 1Q 2021) First quarter 2022 results: EPS: €0.027. Revenue: €167.9m (up 31% from 1Q 2021). Net income: €8.12m (up 268% from 1Q 2021). Profit margin: 4.8% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 35% growth forecast for the industry in Germany. Announcement • May 19
Sportradar Reiterating Outlook for Fiscal 2022 Sportradar reiterating its outlook for fiscal 2022 provided on March 30, 2022. Revenue is expected to be in the range of €665.0 million to €700.0 million ($738.2 million to $777.0 million), representing growth of 18% to 25% over fiscal 2021. Announcement • Apr 21
Sportradar Group AG to Report Q1, 2022 Results on May 18, 2022 Sportradar Group AG announced that they will report Q1, 2022 results on May 18, 2022 Announcement • Apr 12
Sportradar Group AG (NasdaqGS:SRAD) acquired Vaix Limited. Sportradar Group AG (NasdaqGS:SRAD) acquired Vaix Limited on April 11, 2022.
Sportradar Group AG (NasdaqGS:SRAD) completed the acquisition of Vaix Limited on April 11, 2022. Buying Opportunity • Apr 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.1%. The fair value is estimated to be €17.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last year. Earnings per share has declined by 47%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings is also forecast to grow by 35% per annum over the same time period. Reported Earnings • Mar 31
Full year 2021 earnings released Full year 2021 results: Revenue: €561.2m (up 39% from FY 2020). Net income: €12.6m (up 26% from FY 2020). Profit margin: 2.2% (down from 2.5% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 20%, compared to a 44% growth forecast for the restaurants industry in Germany. Announcement • Mar 31
Sportradar Group AG Provides Earnings Guidance for the Fiscal 2022 Sportradar Group AG provided earnings guidance for the fiscal 2022. For the year, revenue is expected to be in the range of €665.0 million to €700.0 million ($752.0 million to $791.0 million), representing growth of 18% to 25% over fiscal 2021. Announcement • Feb 17
Sportradar Group AG to Report Q4, 2021 Results on Mar 30, 2022 Sportradar Group AG announced that they will report Q4, 2021 results on Mar 30, 2022 Reported Earnings • Nov 19
Third quarter 2021 earnings released: €25.62 loss per share The company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: €136.8m (flat on 3Q 2020). Net loss: €8.83m (flat on 3Q 2020).