Sportradar Raises 2025 Guidance to €1.278B Revenue and €284M EBITDA Amidst Surging Global Sports Betting

Sportradar Group AG has raised its 2025 guidance to at least €1.278B revenue and €284M EBITDA, driven by strong growth in global sports betting. CEO Carsten Koerl reported all-time record quarterly revenues up 14% year-over-year and broad-based growth across products and regions. The company sees continued growth ahead.

Sportradar Group AG (NASDAQ: SRAD) has significantly raised its 2025 financial guidance, projecting at least €1.278 billion in revenue and €284 million in Adjusted EBITDA. This upward revision is driven by robust growth in global sports betting, as evidenced by the company's record-breaking second quarter results. The company's CEO, Carsten Koerl, reported all-time record quarterly revenues of €318 million, up 14% year-over-year, with broad-based growth across products and regions [1].

The quarter's financial highlights include a 14% increase in revenue, driven by 12% growth in Betting Technology & Solutions and 22% growth in Sports Content, Technology & Services. The company's Customer Net Retention Rate of 117% underscores its ability to cross-sell and upsell to clients, while also reflecting market growth, particularly in the United States. Profit for the period surged to €49 million, up from a loss of €2 million a year ago, driven by strong operating results and a foreign currency gain of €54 million. Adjusted EBITDA expanded 31% to €64 million, reflecting the company's sustained operating momentum and execution against its growth strategy [1].

The company's strong performance is attributed to its industry-leading scale, premium content and product portfolio, and advanced technology and AI capabilities. These factors have driven customer uptake and above-market growth. Sportradar's partnership with the German Bundesliga and its exclusive global betting rights for the FIFA Club World Cup are among the key drivers of this growth. The company's AI-driven Universal Fraud Detection System has also played a significant role in safeguarding the tournament [1].

Looking ahead, Sportradar expects continued growth, with its 2025 guidance reflecting the anticipated impact of foreign currency fluctuations. The pending acquisition of IMG ARENA is expected to further expand the company's capabilities, creating even greater value for its clients, partners, and shareholders. The company's strong cash flow generation, with net cash generated from operating activities increasing 14% to €97 million, and free cash flow of €52 million, positions it well for future growth and acquisitions [1].

References:
[1] Sportradar Group AG. (2025, August 5). Sportradar Reports Second-Quarter Financial Results and Raises Full-Year 2025 Outlook. Retrieved from https://www.globenewswire.com/news-release/2025/08/05/3127205/0/en/Sportradar-Reports-Second-Quarter-Financial-Results-and-Raises-Full-Year-2025-Outlook.html