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Sportradar to Release Second Quarter 2025 Financial and Operating Results on August 5, 2025
Globenewswire· 2025-07-15 12:00
ST. GALLEN, Switzerland, July 15, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) ("Sportradar") will release its financial and operating results for the second quarter ended June 30, 2025, on Tuesday, August 5, 2025. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. Eastern time on Tuesday, August 5, 2025. For more information about Sportradar, please visit www.sportradar.com Investor Relations Contact: Jim Bombassei j.bombassei@sportradar.com Press Cont ...
Africa: Global Investors Take Notice of Opportunities in the Continent
Bloomberg Television· 2025-07-12 05:00
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]
MMA.INC Announces Blockchain and Artificial Intelligence Crypto Rewards Platform through Strategic Web3 Alliance with Morphotech to Revolutionize Martial Arts Engagement and Monetization
Globenewswire· 2025-06-26 20:05
Core Insights - Mixed Martial Arts Group Limited (MMA) is innovating the combat sports industry by creating a blockchain-enabled platform aimed at enhancing the experience of martial arts for its 700 million global fans [1][2][5] - The platform will integrate Web 2.0 familiarity with Web 3.0 potential, featuring instant rewards, live competitions, and a creator-centric economy [2][4] - The partnership with Morphotech Pte Ltd will leverage blockchain technology to develop a resilient infrastructure and transparent smart contracts, facilitating a vibrant martial arts metaverse [3][5] Company Overview - MMA operates four core business units and has a significant online presence with over 5 million social media followers, 530,000 user profiles, 50,000 active students, and 800 verified gyms across 16 countries [6] - The company aims to drive participation and engagement among fans, athletes, coaches, and gym owners, transforming the martial arts landscape [6] Platform Features - Key features of the platform include a native utility token for governance, exclusive content, and microtransactions, promising fast performance and low fees [4] - Additional features include tokenized rewards systems, NFT marketplaces, competitive arenas, and immersive training tools [7] Future Vision - The CEO of MMA emphasizes that this initiative is not just a platform but a movement that will reshape the future of martial arts, aiming to dominate the Web3 sports entertainment landscape [5] - The company invites investors and fans to participate in this transformative journey, highlighting the potential for a new era in digital martial arts driven by community and innovation [5]
Sportradar Expands Industry-Leading Soccer Portfolio with FIFA Club World Cup 2025 Rights
Globenewswire· 2025-06-12 12:00
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]
XPOLAR X Series: The Innovative Device Redefining Sports Recovery
Globenewswire· 2025-06-03 11:28
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 ...
Signing Day Sports Announces Selected Financial Results for Quarter Ended March 31, 2025 and Provides Business Update
Globenewswire· 2025-05-15 20:15
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]
Sportradar AG(SRAD) - 2025 Q1 - Earnings Call Presentation
2025-05-12 11:14
Q1 2025 EARNINGS | May 12, 2025 DISCLAIMER 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 performanc ...
Compared to Estimates, Genius Sports Limited (GENI) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-06 14:36
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]
Genius Sports (GENI) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:00
Genius Sports (GENI) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Thank you for standing by. My name is Celine, and I will be your conference operator today. At this time, I would like to welcome everyone to the Genius Sports First Quarter twenty twenty five Earnings Results. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I would now like to turn the call over to Genius Port. Please go ahead. ...
Genius Sports (GENI) - 2025 Q1 - Earnings Call Presentation
2025-05-06 11:07
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 ...