Sportradar AG(SRAD) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Achieved a record quarterly revenue of €318 million, a 14% year-over-year increase[5] - Adjusted EBITDA grew by 31% year-over-year to €64 million[8] - Adjusted EBITDA margin expanded to 201%, a 254 basis points increase[5] - Free cash flow reached €84 million year-to-date, with a 68% conversion rate[8] Growth and Strategy - Expects at least 16% revenue growth and at least 28% Adjusted EBITDA growth for full year 2025, with margin expansion of at least 210 basis points[5] - Global TAM expected to grow at an 11% CAGR from ~$97 billion to ~$131 billion by 2027[16] - Betting Technology and Solutions revenue increased 12% year-over-year[53] - Sports Content, Technology & Services revenue increased 22% year-over-year[57] Acquisition - Anticipates closing the acquisition of IMG ARENA in the fourth quarter of 2025, which includes rights to ~39000 official data events and ~30000 streaming events[5,41] Cost Management - Sport rights expenses were €106 million, up 11% year-over-year[63] - Adjusted personnel expenses were €80 million, up 12% year-over-year[68]