Notable client wins in South America and Africa highlight growth ST. GALLEN, Switzerland, July 01, 2024 (GLOBE NEWSWIRE) -- Sportradar has significantly grown its Managed Trading Services (MTS) clientele in the first half of 2024, welcoming 44 new sportsbook operators to leverage its versatile and advanced operational capabilities. MTS provides operators with access to Alpha Odds, its AI-driven personalised odds technology. 16 of this year's new MTS client intake have set-up their betting offerings using Al ...

Sportradar's Managed Trading Services See Significant Global Adoption in H1 2024 MTS offers operators a customisable sportsbook management solution, enabling them to decide the extent of their in-house management or opt for external support. The solution enhances trading efficiency through AI and automation, facilitating real-time price adjustments and robust risk management. Year-to-date, Sportradar has processed more than 3.5 billion betting tickets via MTS for more than 200 clients, positioning the compa ...

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Key Points Investors have been pouring into sports betting stocks like DraftKings Inc. NASDAQ: DKNG and Fan Duel's parent, Flutter Entertainment plc NYSE: FLUT. Streaming giants like Amazon Inc. NASDAQ: AMZN and Netflix Inc. NASDAQ: NFLX are jockeying to keep and sign lucrative broadcasting deals with major sports leagues like the NFL, MLB, Formula One and NASCAR. Get Sportradar Group alerts: Skin in the Game Makes it More Fun. The global sports industry generated over $159 billion in 2023, and analysts exp ...

Certain statements in this presentation 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 future financial or operating performance, planned activities and objectives, antic ...

Financial Data and Key Metrics - Revenue for Q1 2024 was €266 million, up €58 million or 28% year-over-year [7] - Net loss for the quarter was €1 million, compared to a profit of €7 million in the prior year quarter [7] - Adjusted EBITDA was €47 million, up €11 million or 29% year-over-year, with an adjusted EBITDA margin of 18% [35][69] - Full-year revenue and adjusted EBITDA growth guidance raised to at least 21% [5][73] - Net cash from operating activities was €67 million, up €10 million or 17% year-over-year [66] Business Line Performance - Betting Technology & Solutions revenue grew 35% year-over-year to €219 million, driven by streaming and betting engagements, live data and odds, and managed betting services [67] - Sports Content, Technology & Services revenue grew 5% year-over-year to €47 million, primarily driven by marketing and media services [37] - Managed Trading Services (MTS) turnover grew 28% year-over-year to approximately €9 billion [30] Geographic Performance - Rest of World revenues grew 19% year-over-year to €200 million, representing 75% of total revenues [68] - U.S. revenues grew 65% year-over-year to €66 million, representing 25% of total revenues [68] Strategy and Industry Competition - The company is focused on driving shareholder value through a growth strategy centered around content, data, and technology [18] - Key partnerships with ATP and NBA are amplifying revenue growth and driving customer uptake of additional services [28] - The company is investing in AI and computer vision technology to enhance products and drive fan engagement [15][62] - The company is leveraging its scale and resources, with over 800 betting operators, 400 sports leagues, and 900 media partners [56] Management Commentary on Operating Environment and Future Outlook - The company is confident in its outlook, supported by a consistent track record of at least 20% revenue growth for the past three years [14] - The company expects adjusted EBITDA margins to progress from the mid-to-high teens in the first half of the year to the low-20s in the second half [44] - The company is focused on sustainable profitability and unlocking operating leverage across all major expense line items [75] Other Important Information - The company is commencing a $200 million share repurchase program in the upcoming trading window [13][72] - The company has made key additions to its leadership team, including a new CFO and Chief Technology and AI Officer [17][26] - The company has simplified its financial reporting approach to align with its streamlined global organizational structure [2][65] Q&A Session Summary Question: Data rights and pricing strategy for NBA and ATP contracts [47] - The company successfully integrated ATP and NBA contracts, with U.S. revenues exceeding expectations [48] - The company expects to benefit from strong growth in the coming years due to the linear amortization of sports rights costs [49] Question: Guidance and cost phasing [79] - The company saw some phasing in cloud service credits and project rollouts, but remains confident in its full-year outlook [80] Question: Impact of AI and technology on growth and profitability [106] - The company is leveraging AI to enhance products and drive innovation, with new products like Alpha Odds showing promising results [108][60] Question: U.S. regulatory environment and its impact on the business [120] - The company sees no negative impact from the current U.S. regulatory environment and is confident in its ability to navigate changes [121] Question: Pricing strategy for NBA contracts [130] - The company focuses on creating value through innovative solutions rather than overstretching pricing, with revenue share being the core model in the U.S. [131] Question: Expansion in Brazil [149] - The company is actively investing in the Brazilian market, which is expected to grow significantly in the coming years [136][151]

Exhibit 99.1 SPORTRADAR REPORTS FIRST QUARTER 2024 FINANCIALAND OPERATING RESULTS New CFO and Chief Technology & Chief AI Of icer Join Sportradar Leadership Team ST. GALLEN, Switzerland, May 15, 2024 – 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 financial results for its first quarter ended March 31, 2024. Carsten Koerl, Chief Executive Officer of Sportrad ...

Sportradar Group AG (NASDAQ:SRAD) Q4 2023 Results Conference Call March 20, 2024 8:30 AM ET Company Participants Jim Bombassei - Senior Vice President, Investor Relations & Corporate Finance Carsten Koerl - Chief Executive Officer Gerard Griffin - Chief Financial Officer Conference Call Participants Michael Graham - Canaccord Ryan Sigdahl - Craig-Hallum Capital Group Bernie McTernan - Needham & Company Robin Farley - UBS David Katz - Jefferies Jordan Bender - Citizens JMP David Karnovsky - JPMorgan Stephen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECT ...

Exhibit 99.1 SPORTRADAR REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Delivered record results, growing revenue 20% and Adjusted EBITDA 33% for fiscal 2023 Targeting strong outlook in 2024 of at least 20% growth in revenue and Adjusted EBITDA Authorizes $200 million Share Repurchase Program ST. GALLEN, Switzerland, March 20, 2024 – Sportradar Group AG (NASDAQ: SRAD) ("Sportradar" or the "Company"), a leading global sports technology Company focused on creating immersive experiences for sports fans and b ...