Release of Full First Quarter Results and Earnings Call to Take Place on May 12, 2025
ST. GALLEN, Switzerland, April 22, 2025 (GLOBE NEWSWIRE) — Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors today announced, in conjunction with its filing of a preliminary prospectus supplement, preliminary unaudited financial results for the first quarter ended March 31, 2025.
Preliminary First Quarter 2025 Results The following preliminary unaudited first quarter 2025 results are based on preliminary internal data available as of the date of this announcement:
Revenue of approximately €307 million to €311 million
Profit for the period of approximately €20 million to €24 million
Adjusted EBITDA1 of approximately €56 million to €58 million
The Company will release its full financial and operating results for the first quarter ended March 31, 2025, on Monday, May 12, 2025 and will host an earnings call via webcast to discuss the results at 8:30 a.m. Eastern time on May 12.
The preliminary financial information discussed in this press release is based on management’s preliminary analysis of financial results for the quarterly period ended March 31, 2025 and information available as of the date of this announcement. The Company’s independent registered accounting firm has not reviewed or audited the preliminary financial information set forth in this press release. Prior to the release of the financial statements for and as of the period ended March 31, 2025, the Company may identify items that would require it to make adjustments to the preliminary financial information, which may be material to the information presented above.
Investor Relations: Jim Bombassei j.bombassei@sportradar.com
Media: Sandra Lee sandra.lee@sportradar.com
1 Non-IFRS measure. See the sections captioned “Non-IFRS Financial Measures” and “IFRS to Non-IFRS reconciliations” for more details.
IFRS to Non-IFRS Reconciliations
The following table reconciles Adjusted EBITDA to the most directly comparable International Financial Reporting Standards (“IFRS”) Accounting Standards financial performance measure, which is Profit for the period from continuing operations (unaudited):
Three-Month Period Ended
March 31, 2025
Range
Reconciliation of Profit for the Period from Continuing Operations to Adjusted EBITDA
Low
High
(in thousands)
Profit for the period from continuing operations
€
20,000
€
24,000
Add:
Finance income
(2,000
)
(2,000
)
Finance costs
22,000
22,000
Depreciation and amortization (excluding amortization of capitalized sport rights licenses)
16,000
16,000
Foreign currency loss (gain), net
(28,000
)
(28,000
)
Share-based compensation
15,000
15,000
Other
8,000
6,000
Income tax expense
5,000
5,000
Adjusted EBITDA
€
56,000
€
58,000
Non-IFRS Financial Measures
We have provided in this press release financial information that has not been prepared in accordance with IFRS, including Adjusted EBITDA. We use non-IFRS financial measures internally in analyzing our financial results and believe they are useful to investors, as a supplement to IFRS measures, in evaluating our ongoing operational performance. We believe that the use of non-IFRS financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing our financial results with other companies in our industry, many of which present similar non-IFRS financial measures to investors.
Non-IFRS financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with IFRS. Investors are encouraged to review the reconciliation of non-IFRS financial measures to their most directly comparable IFRS financial measures provided in this press release.
“Adjusted EBITDA” is a non-IFRS financial measure that represents earnings for the period from continuing operations adjusted for finance income and finance costs, income tax expense or benefit, depreciation and amortization (excluding amortization of capitalized sport rights licenses), foreign currency gains or losses, and other items that are not related to the Company’s revenue-generating operations such as share-based compensation. Other costs includes non-recurring items not related to the Company’s revenue-generating operations such as management restructuring costs, non-routine litigation, and transaction-related costs.
License fees relating to sport rights are a key component of how we generate revenue and one of our main operating expenses. Only licenses that meet the recognition criteria of IAS 38 are capitalized. The primary distinction for whether a license is capitalized or not capitalized is the contracted length of the applicable license. Therefore, the type of license we enter into can have a significant impact on our results of operations depending on whether we are able to capitalize the relevant license. As such, our presentation of Adjusted EBITDA reflects the full costs of our sport right’s licenses. Management believes that, by including amortization of sport rights in its calculation of Adjusted EBITDA, the result is a financial metric that is both more meaningful and comparable for management and our investors while also being more indicative of our ongoing operating performance.
We present Adjusted EBITDA because management believes that some items excluded are not representative of our ongoing business and this information is relevant in evaluating the results relative to other entities that operate in the same industry. Management believes Adjusted EBITDA is useful to investors for evaluating Sportradar’s operating performance against competitors, which commonly disclose similar performance measures. However, Sportradar’s calculation of Adjusted EBITDA may not be comparable to other similarly titled performance measures of other companies. Adjusted EBITDA is not intended to be a substitute for any IFRS financial measure.
Items excluded from Adjusted EBITDA include significant components in understanding and assessing financial performance. Adjusted EBITDA has limitations as an analytical tool and should not be considered in isolation, or as an alternative to, or a substitute for, profit for the period, revenue or other financial statement data presented in our consolidated financial statements as indicators of financial performance. We compensate for these limitations by relying primarily on our IFRS financial results and using Adjusted EBITDA only as a supplemental measure.
While the Company has previously disclosed that it is unable to reconcile Adjusted EBITDA on a forward-looking basis due to the inability to predict certain IFRS amounts, the preliminary results provided herein relate to a recently completed quarter and are based on available internal estimates. As such, the Company is able to provide an estimated reconciliation to the nearest IFRS measure, profit for the period, which remains subject to finalization of the financial results for the period presented.
Safe Harbor for Forward-Looking Statements Certain statements in this press release may constitute “forward-looking” statements and information within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events, including, without limitation, statements regarding our preliminary estimated results and ranges for the period ended March 31, 2025 and expected performance. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “seek,” “believe,” “estimate,” “predict,” “potential,” “projects”, “continue,” “contemplate,” “confident,” “possible” or similar words. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes or performance may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the following: risks that our independent registered accounting firm has not reviewed, audited or performed any procedures with respect to our preliminary financial estimated results and material changes in such results may result during the course of our quarter-end closing procedures and review, economy downturns and political and market conditions beyond our control, including the impact of the Russia/Ukraine and other military conflicts such as acts or war or terrorism and foreign exchange rate fluctuations; pandemics could have an adverse effect on our business; dependence on our strategic relationships with our sports league partners; effect of social responsibility concerns and public opinion on responsible gaming requirements on our reputation; potential adverse changes in public and consumer tastes and preferences and industry trends; potential changes in competitive landscape, including new market entrants or disintermediation; potential inability to anticipate and adopt new technology, including efficiencies achieved through the use of artificial intelligence; potential errors, failures or bugs in our products; inability to protect our systems and data from continually evolving cybersecurity risks, security breaches or other technological risks; potential interruptions and failures in our systems or infrastructure; difficulties in our ability to evaluate, complete and integrate acquisitions (including the IMG Arena acquisition) successfully; our ability to comply with governmental laws, rules, regulations, and other legal obligations, related to data privacy, protection and security; ability to comply with the variety of unsettled and developing U.S. and foreign laws on sports betting; dependence on jurisdictions with uncertain regulatory frameworks for our revenue; changes in the legal and regulatory status of real money gambling and betting legislation on us and our customers; our inability to maintain or obtain regulatory compliance in the jurisdictions in which we conduct our business; our ability to obtain, maintain, protect, enforce and defend our intellectual property rights; our ability to obtain and maintain sufficient data rights from major sports leagues, including exclusive rights; any material weaknesses identified in our internal control over financial reporting; inability to secure additional financing in a timely manner, or at all, to meet our long-term future capital needs; risks related to future acquisitions; and other risk factors set forth in the section titled “Risk Factors” in our Annual Report on Form 20-F for the fiscal year ended December 31, 2024, and other documents filed with or furnished to the SEC, accessible on the SEC’s website at www.sec.gov and on our website at https://investors.sportradar.com. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this press release. One should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
About Sportradar
Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the Company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga, Sportradar covers close to a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved.
For more information about Sportradar, please visit www.sportradar.com
BOSTON, Mass – Boston College Women’s Track & Field began the indoor season at the Sharon Colyear-Danville Season Opener on Saturday. Sydney Segalla highlighted the meet with a facility and school record.
Sharon Colyear-Danville Season Opener
Ron-Niah Wright ran an 8.04 and Erin Finley ran an 8.47 in the 60m dash.
Segalla clocked a 37.40 to win the 300m event. Her time broke the BU Track & Tennis Center facility record by 0.04 seconds and the BC school record by nearly 2 seconds.
Gina Certo (38.65), Anna Sonsini (38.38), Anna Becker (39.19), and Ava Carter (40.22) also competed in the 300m, each setting top ten all-time marks.
Kyla Palmer and Yaroslava Yalysovetska competed in the 600m. Palmer finished sixth place overall, recording a new personal best of 1:33.13 and moving to second all-time in BC program history. Yalysovetska finished in eighth place at 1:35.52.
Iris Bergman ran a 4:52.06 in the mile for 13th place.
Imogen Gardiner torched her 5000m heat, taking first place with a time of 15:40.39. Her time placed her ninth overall and put her second on BC’s all-time top ten list.
Ella Fadil, Kyra Holland, and Molly FitzPatrick all set top ten program marks in the 5000m. Fadil ran a 15:53.04 for 26th place overall, while Holland finished 31st overall at 15:55.63, and Fitzpatrick finished 55th with a 16:08.26 mark.
Next Up: The Eagles return for the Suffolk Ice Breaker Challenge at the TRACK at New Balance on January 18.
AUSTIN, Texas. — The No. 3 Texas Volleyball team swept No. 25 Penn State (25-16, 25-9, 25-19). The Longhorns are now 25-3 on the season and will compete in the third round of the NCAA Tournament for the 20th-straight season.
Longhorns saw junior Torrey Stafford record a match-leading 21 kills, along with five digs and three blocks. It marks Stafford’s fourth game hitting over .500 this season with a .556 hitting percentage. Freshman Abby Vander Wal added 10 kills and two blocks while hitting .474. Fellow freshman Cari Spears totaled nine kills with three blocks and three digs. Spears recorded her seventh game over .400 (.467) hitting percentage tonight.
The Longhorns defense put up nine blocks, led by Nya Bunton and Ayden Ames, who each recorded four. It marks the fourth highest total for blocks in a three-set match for Texas. The Lions were limited to a .124 hitting percentage and finished 22 errors. Texas hit .452 as a team, its sixth time this season hitting over .400.
Set One: Penn State was held to a .167 hitting percentage with four service errors and eight attacking errors. Stafford led the set with six kills while hitting .455. Ramsey Gary added five digs for the Longhorns on defense.
Set Two: Texas dominated the second after extending the lead to 19-7 on an 11-0 run, with two consecutive block effort from Spears, Nya Bunton and Stafford. Texas took set two, 25-9. The Longhorns hit .700 while limiting the Lions at -.065. Spears notched six kills while Ella Swindle put up 10 assists. Texas totaled four blocks in the set, with Bunton contributing three.
Set Three: The Longhorns completed the sweep over Penn State, winning the third set 25-19. Stafford registered 11 kills while hitting .611, and Gary added six digs on defense. Saturday’s win marked the 11th-ranked win of the season for the Horns.
Texas will face off against No. 15 Indiana in the third round of the NCAA Tournament with the game time and date TBD.
NASHVILLE, Tenn. – Highlighted by nine top 10 finishes, Austin Peay State University’s track and field team concluded its first meet of the 2025-26 indoor season at Vanderbilt’s Winter Commodore Challenge, Saturday, at the David Williams II Recreation & Wellness Center.
Saturday’s events began with throws, as Emma Tucker highlighted Austin Peay’s performances in the weight throw with a sixth-place finish. The mark was Tucker’s first of two top 10 marks, as she also went on to finish eighth in the shot put later in the afternoon. Freshman China Giaimo paced the Govs in the shot put, recording an 11.98-meter toss in her first collegiate meet.
Madelyn Kocik also finished the day with a pair of top 10 performances, beginning with an eighth-place finish in the long jump with a 5.61-meter leap – her best mark since finishing second at the 2025 Atlantic Sun Conference Indoor Track & Field Championships. A Portland, Texas native, Kocik later went on to finish fifth in the triple jump with an 11.97-meter mark – the second-best mark of her career and her longest jump since recording a 12.12-meter jump last season at Vanderbilt’s Commodore Challenge (Jan. 11).
Three Governors competed in the 600-meter for Austin Peay with all three finishing in the top 10. Sophomore Taylin Segree paced the trio with a 1:33.28 time and fifth-place finish, while Alexis Arnett (1:34.03) and Mia McGee (1:34.57) finished seventh and 10th, respectively. It was the first time that any of the Govs had competed in the 600 in their collegiate career.
Wrapping up the Govs’ events for the day, Taylah Upshaw placed fourth in the 1,000-meter, setting a personal best with a time of 3:01.03.
Up Next
Austin Peay returns to action in mid-January when it returns to Nashville to the Vanderbilt Invitational, Jan. 16-17, at the David Williams II Recreation & Wellness Center
Follow the Govs on Socials
For news and updates throughout the 2025-26 track & field season, follow the Governors on X and Instagram (@GovsXCTF) or check back at LetsGoPeay.com.
The UW-Oshkosh women’s volleyball team celebrates its semifinal win Thursday in the NCAA Division III Championship. Photo by Ashtin Elder of Kodiak Creative.
The University of Wisconsin–Oshkosh women’s volleyball team swept University of La Verne (California) Saturday to claim its first national title and the 51st for UW-Oshkosh.
The championship took place at Illinois Wesleyan University’s Shirk Center in Bloomington, Illinois, where a busload of Titan students and staff arrived Saturday to cheer on their team.
UWO did not drop a set across its six wins in the national tournament, which is a first in 21 years.
Izzy Coon, Lauren Grier, Callie Panasuk and Samantha Perlberg (Most Outstanding) were all named to the All-Tournament Team.
The team is coached by Jon Ellmann of Neenah, who was inducted into the Wisconsin Volleyball Coach’s Association Hall of Fame in 2021.
DAVENPORT, Iowa– Members of the Wartburg indoor track and field program competed at the Frigid Bee Opener, hosted by St. Ambrose. Maddie Merna was victorious in the 5000m and Hannah Ramsey was victorious in the 800m.
Scoring Link
Women’s Results: 5000m
1 Maddie Merna 17:29.94
2 Karle Kramer 17:57.89
3 Lily Peterson 18:02.58
4 Claire Hoyer 18:09.55
5 Ava Vance 18:17.07
6 Morgan Engel 18:26.72
We are tracking all remaining undefeated teams in DI women’s volleyball for the 2025 season. Only Nebraska is left standing after Texas fell to Texas A&M in a five-setter on Friday, Oct. 31.
Since 1981, there have been only four programs — five teams — to finish a season undefeated and win a national title: Penn State (2008, 2009), Southern California (2003), Nebraska (2000) and Long Beach State (1998).
READ MORE: Every undefeated national champion in college volleyball history
Penn State holds the longest win streak in DI women’s volleyball history with 109 match victories from 2007-10, with the Nittany Lions winning four consecutive titles (2007 through 2010). The 2009 title team is the most recent undefeated champion.
Will there be another team to etch its name into history this season? Follow along here:
Undefeated DI women’s volleyball teams in 2025
Rankings are from the AVCA:
No. 1 Nebraska (32-0): The Huskers’ extend their win-streak to 32 after most recently sweeping Kansas State on Saturday, Dec. 6 in the first round of the NCAA tournament. Next: vs. Kansas (NCAA Tournament)
Here’s everything you need to know regarding the 2025 NCAA DII women’s volleyball championship, including selection show info and schedule for the entire tournament.
