Investment Strategy & Focus - The firm focuses on sectors where it has a "right to play," such as health innovation and emergency services innovation [5][9] - The firm emphasizes fundamentals over fleeting trends like crypto or AI [17] - The firm aims to bridge the gap between African businesses and international markets by leveraging local expertise and networks [14] Portfolio & Exits - The firm has three funds under management and has exited six companies with returns exceeding 30% IRR [11] - Portfolio companies entering international markets have performed well, exemplified by the sale of a Cape Town-based emergency response business to Motorola, Inc [2][3] - A portfolio company, hearX, merged with Eargo, creating one of the largest OTC hearing aid providers in the US [7][8] Competitive Advantage - The competitive cost base in South Africa and other parts of Africa is an overlooked investment opportunity [18][20] - Relocating the cost base and engineering to South Africa can achieve approximately 30% cost savings [20] - Creating Dollar revenues and Rand cost base [11] Market Trends & Opportunities - The African venture capital market is still in its early stages, with early-stage investments now maturing [9][10] - The number of dollar unicorns born out of Africa is increasing year on year [12] - International investors are increasingly partnering with the firm and its companies [15]

Core Insights - Sportradar Group AG has partnered with DAZN to distribute exclusive ultra-low latency betting data and non-exclusive media content for the FIFA Club World Cup 2025, enhancing its global soccer offerings [1][2] Group 1: Partnership Details - The partnership allows Sportradar to deliver data and content, including live odds, for all 63 tournament matches to over 800 betting operator clients and 900 media companies globally [2] - Sportradar will provide extensive betting markets, including up to 190 pre-match and 200 in-play betting markets, along with live match trackers [3] Group 2: Integrity and Monitoring - Sportradar will utilize its AI-driven Universal Fraud Detection System (UFDS) to monitor the tournament for corruption, ensuring the integrity of the competition [3] Group 3: Company Background - Sportradar, founded in 2001, is a leading global sports technology company that covers nearly a million events annually across major sports, providing solutions for sports federations, media, and betting operators [4] - DAZN, established in 2016, streams over 90,000 live events annually and is available in more than 200 markets, serving as the global home for the FIFA Club World Cup [5][6]

SHENZHEN, China, June 03, 2025 (GLOBE NEWSWIRE) -- XPOLAR, an innovator in sports recovery and wellness technology, officially debuted its X2 Recovery Device at CES 2025. Designed to meet the demand for smarter, more accessible recovery tools, X2 combines cold and heat therapy with compression in a compact, portable form. This advanced device seamlessly integrates three core recovery modalities, delivering targeted muscle and joint relief while supporting enhanced athletic performance. With its innovative d ...

Core Insights - Signing Day Sports achieved a 66% year-over-year reduction in net loss, reflecting improved operating efficiency [2][8] - The company is focused on driving higher-margin, subscription-based revenues through enhanced digital platforms and strategic partnerships [2][3] Financial Performance - Revenue for the quarter ended March 31, 2025, was approximately $0.15 million, down from approximately $0.23 million in the same period of 2024 [8] - General and administrative expenses decreased to approximately $0.97 million from approximately $2.04 million year-over-year [8] - Net loss for the quarter was approximately $0.84 million, compared to a net loss of approximately $2.50 million in the same period in 2024 [8] Business Strategy - The company hosted five U.S. Army Bowl Regional Combines, attracting nearly 1,000 high school athletes, indicating strong demand for verified performance data [2][3] - Signing Day Sports expanded its digital footprint with weekly recruiting webinars to enhance engagement with college coaches and promote top student-athletes [3] - The renewal of the partnership with the U.S. Army Bowl through 2026 allows the company to maintain exclusive rights to national and regional combines, generating revenue from athlete registrations [3]

Financial Performance - Sportradar achieved a record quarterly revenue of €311 million, a 17% year-over-year increase[5] - Adjusted EBITDA grew by 25% year-over-year to €59 million[8] - The Adjusted EBITDA margin expanded to 189%, a 119 bps increase[8] - Free cash flow reached €32 million, with a 54% conversion rate[8] Growth Strategy and Market Expansion - The global sports betting total addressable market (TAM) is expected to grow at an 11% compound annual growth rate (CAGR) to approximately $131 billion by 2027[16] - The company is expanding into adjacent markets, focusing primarily on iGaming[15] - The company is cross-selling marketing services into iGaming, with 84 iCasino brands receiving Sportradar marketing services, representing 21% of total marketing services revenues[28] Strategic Initiatives - Sportradar extended its MLB partnership through 2032 and announced an agreement to acquire IMG ARENA[5] - The acquisition of IMG ARENA will add approximately 39,000 official data events and 30,000 streaming events[39] - The company repurchased $65 million, or 3 million shares, in April, bringing total repurchases to date to $86 million under its $200 million share repurchase program[5] Outlook - Sportradar is guiding to 2025 revenue growth of at least 15%, Adjusted EBITDA growth of at least 26%, and Adjusted EBITDA margin expansion of at least 200 bps[5]

Core Insights - Sportradar Group AG reported a strong start to 2025 with record quarterly revenue of €311 million, representing a 17% year-over-year increase driven by growth across various product lines and geographies [2][4][5] Financial Performance - Total revenue for the first quarter was €311 million, up €45 million or 17% year-over-year, with notable growth in Betting Technology & Solutions (14%) and Sports Content, Technology & Services (33%) [4][5] - Profit for the period increased to €24 million, compared to a loss of €1 million in the same quarter last year, with a profit margin of 7.8% [5][9] - Adjusted EBITDA rose 25% to €59 million, with an adjusted EBITDA margin of 18.9% [5][10] - Free cash flow for the quarter was €32 million, an increase of €32 million compared to the same period last year [5][13] Revenue Breakdown - Revenue by product showed significant increases: - Betting & Gaming Content: €193.8 million, up 13% - Managed Betting Services: €56.2 million, up 16% - Marketing & Media Services: €46.6 million, up 36% [4][6] - Revenue by geography indicated strong growth in the U.S. market, with revenues up 31% year-over-year, representing 28% of total company revenue [7][8] Strategic Developments - The company extended its partnership with Major League Baseball through 2032, enhancing its content portfolio [3][12] - An agreement was announced to acquire IMG ARENA's sports betting rights portfolio, expected to enhance Sportradar's offerings in major sports [3][12] Customer Metrics - The Customer Net Retention Rate was reported at 122%, indicating strong cross-selling and upselling capabilities [5][8] Balance Sheet and Liquidity - As of March 31, 2025, the company had cash and cash equivalents of €358 million, up from €348 million at the end of 2024 [12][14] - Total liquidity, including an undrawn credit facility, was €578 million, with no debt outstanding [14] 2025 Financial Outlook - The company reiterated its fiscal 2025 outlook, projecting revenue of at least €1,273 million and adjusted EBITDA of at least €281 million, representing year-on-year growth of at least 15% and 26% respectively [20]

Core Insights - Genius Sports Limited (GENI) reported a revenue of $143.99 million for the quarter ended March 2025, reflecting a year-over-year increase of 20.3% [1] - The company's earnings per share (EPS) was -$0.03, an improvement from -$0.11 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $142.96 million by 0.72%, while the EPS surpassed the consensus estimate of -$0.05 by 40% [1] Revenue Breakdown - Revenue from Betting Technology, Content & Services was $106.54 million, exceeding the two-analyst average estimate of $103.34 million [4] - Revenue from Media Technology, Content & Services reached $25.89 million, slightly above the average estimate of $25.80 million [4] - Revenue from Sports Technology & Services was $11.56 million, falling short of the average estimate of $14.02 million [4] Stock Performance - Genius Sports Limited's shares have returned +23.7% over the past month, outperforming the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Financial Data and Key Metrics Changes - Group revenue increased by 20% year on year to $144 million, with adjusted EBITDA nearly tripling to $20 million from $7 million last year, resulting in an EBITDA margin expansion of 800 basis points to 14% [5][16][21] - The company expects to generate at least $620 million in group revenue and $125 million in adjusted EBITDA for the year, representing 21% revenue growth and over 300 basis points of margin expansion to 20% [16][21] Business Line Data and Key Metrics Changes - Betting business revenue increased by 44% year on year to $107 million, driven by successful contract renewals and higher pricing [18] - Revenue from revenue share agreements grew by 65% year on year, marking the highest growth rate since winning the NFL contract [18] - Sports tech revenue increased by 12% year on year, supported by innovative products built on Genius IQ technology [19] Market Data and Key Metrics Changes - Revenue growth was geographically balanced, with Europe, The Americas, and the rest of the world achieving growth rates of 16%, 23%, and 39% respectively [19] - Media revenue decreased to $26 million from $35 million last year, following a strong 63% increase in Q1 2024 [20] Company Strategy and Development Direction - The company expanded its NCAA partnership, securing exclusive data rights for March Madness and all postseason tournaments, which is expected to drive greater revenue without any rights fees [6][7] - New product launches, such as the semi-automated offside technology (SAOT) and BetVision for soccer, are expected to create a powerful flywheel effect, enhancing revenue generation and customer engagement [8][10][12] - The company is focusing on capital allocation towards tech investment and M&A, while also implementing a share repurchase program of up to $100 million [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business model's resilience against macroeconomic conditions, noting that online sports betting remains a strong component of consumer spending [16] - The company anticipates continued growth in media revenues, particularly from the evolution of the Fanhub platform, with expectations of low to mid-teens growth for the full year 2025 [20][42] Other Important Information - The company has a robust and growing customer pipeline for its Fanhub platform, which is expected to be a significant opportunity in the sports advertising ecosystem [10][11] - Management highlighted the importance of responsible gaming and maintaining the integrity of sports betting as essential for long-term industry growth [25][27] Q&A Session Summary Question: What are the top priorities with the ample cash on the balance sheet? - Management indicated that capital allocation priorities include R&D spending, M&A focus, and share buybacks as a means of being opportunistic in a volatile market [23][24] Question: How does the NCAA's push to protect student athletes impact revenue growth? - Management believes that responsible gaming and protecting player integrity align with the interests of the sports betting industry, suggesting a symbiotic relationship [25][26][27] Question: What factors contributed to the decline in media revenue? - Management noted that the decline was expected due to tough year-on-year comparisons and timing of spending, but anticipates a return to growth in the latter half of the year [32][33] Question: How does BetVision's expansion into soccer impact monetization? - Management highlighted that the expansion into soccer represents a significant opportunity due to the high volume of games and the potential for increased in-play betting [36][37] Question: What is the company's view on predictive markets? - Management sees predictive markets as an opportunity for additional products and partnerships, while also considering the implications for long-term regulation [90][92] Question: How is the guidance for in-play betting expected to change? - Management anticipates a small increase in in-play betting percentages in the latter half of the year, with potential upside to the guidance [94][95]

First Quarter 2025 Earnings Non-GAAP Financial Measures This presentation includes non-GAAP financial measures not presented in accordance with U.S. GAAP. A reconciliation of the most comparable GAAP measure to its non-GAAP measure is included in the appendix. Adjusted EBITDA May 6, 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as ame ...

Core Insights - PlayersTV is set to host its 2025 NewFront on May 8, 2025, in New York City, in partnership with Genius Sports, to unveil details about PlayersTV+, a subscription-based streaming platform focused on athlete-driven content [1][2] - The partnership aims to provide innovative targeted advertising solutions for brands, enhancing fan engagement through advanced technology and data [2][3] PlayersTV+ - PlayersTV+ will be the only dedicated streaming platform for athlete-driven content and community, featuring programming that goes "beyond the game, beyond the uniform" [2][3] - The platform is backed by over 70 athlete investors and partners, including notable figures like Chris Paul and Dwayne Wade, along with more than 2,200 fan owners who have purchased equity in the company [3][4] Genius Sports Partnership - Genius Sports will serve as the strategic fan activation platform partner, offering technologies that address the evolving needs of advertisers in reaching sports fans [3][7] - The partnership will leverage the FANHub Activation Platform, which combines programmatic and social media buying with real-time sports data [5][6] Advertising Innovations - The NewFront will showcase key innovations from Genius Sports, including augmented advertising technologies currently in use with major sports teams and events [3][5] - PlayersTV will reveal six new original shows from star athletes during the event, enhancing its content offerings [4][6] Industry Context - The event represents a significant moment for advertisers looking to engage with sports audiences, highlighting the need for a new approach in the current media landscape [3][7] - PlayersTV aims to create a new ecosystem where brands, athletes, and fans can connect authentically and measurably, marking a transformative phase in athlete-led media [7][8]