Financial Performance - Q3 2025 revenue reached €292 million, a 14% year-over-year increase[5] - Adjusted EBITDA grew by 29% year-over-year to €85 million[5] - Adjusted EBITDA margin expanded to a record 29%, a 318 bps increase[5] - Year-to-date free cash flow reached €149 million, a 23% increase[7] Acquisition and Expansion - Completed the acquisition of IMG ARENA, adding depth in key betting sports[5] - Sportradar received financial consideration totaling $225 million as part of the IMG ARENA acquisition[16] - The acquisition includes rights to ~38,000 official data events and ~29,000 streaming events[16] Future Outlook and Investments - Full year 2025 outlook raised, expecting at least 17% revenue growth and at least 30% Adjusted EBITDA growth[5] - Share repurchase program increased by $100 million, bringing the total authorization to $300 million[5] - Projects nearly 240 bps of EBITDA margin expansion in 2025[64]