Sportradar AG(SRAD) - 2023 Q1 - Earnings Call Transcript

Other operating expenses were €21 million, an increase of €2 million or 9% over prior year. The increase was the result of higher software licenses as we hire more employees, marketing and travel expenses paid to certain major events like the ice exhibition and higher costs for audit and implementation of a new financial management system. Revenue share has an inherent delay in receipt of payment as you can invoice customers only after the service periods while subscription services are invoiced at the begi ...