Sportradar AG(US:SRAD) Globenewswire·2026-03-03 12:00Core Insights - Sportradar Group AG reported strong financial performance for the fourth quarter and full year 2025, achieving record revenue and significant margin expansion, driven by innovation and customer adoption [3][4][6]. Financial Performance - Total revenue for the full year 2025 was €1,290 million, an increase of €183 million or 17% year-over-year, with notable growth in Betting Technology & Solutions (15%) and Sports Content, Technology & Services (22%) [8][9]. - Fourth quarter revenue reached €369 million, up €62 million or 20% year-over-year, primarily driven by a 24% increase in Betting Technology & Solutions [16][17]. - Adjusted EBITDA for the full year was €297 million, a 33% increase compared to the previous year, with an adjusted EBITDA margin of 23% [6][14]. - The company generated a profit of €100 million for the full year, a significant increase from €33.6 million in the prior year, aided by a foreign currency gain [13][53]. Customer Metrics - The Customer Net Retention Rate was reported at 109%, indicating strong customer loyalty and growth potential [12]. Acquisition and Strategic Developments - The acquisition of IMG ARENA was completed in November 2025, enhancing Sportradar's position in the sports technology market and expected to be accretive to future revenue and EBITDA growth [25][27]. - The company extended its partnership with Major League Baseball (MLB) for eight years, becoming the exclusive distributor of ultra-low latency official MLB data and media content [23]. Balance Sheet and Liquidity - As of December 31, 2025, the company had cash and cash equivalents of €365 million, up from €348 million the previous year, with total liquidity of €585 million [28][29]. - Free cash flow for the year was €167 million, an increase of €50 million from the previous year [28]. Future Outlook - For fiscal 2026, Sportradar targets revenue growth of 23% to 25% on a constant currency basis, with adjusted EBITDA growth of 34% to 37% [31].