Sportradar Group AG announced strong financial results for its second quarter ended June 30, 2025, achieving record quarterly revenue of €318 million, a 14% increase year-over-year. This growth was driven by a 12% rise in Betting Technology & Solutions revenue to €259 million and a 22% increase in Sports Content, Technology & Services revenue to €59 million.
The company's Adjusted EBITDA for the quarter grew 31% year-over-year to €64 million, with the Adjusted EBITDA margin expanding to 20.1%. Profit for the period was €49 million, a significant improvement from a loss of €2 million in the prior year, partly due to a €54 million foreign currency gain.
Sportradar raised its full-year 2025 outlook, now anticipating revenue of at least €1.278 billion, representing at least 16% year-over-year growth, and Adjusted EBITDA of at least €284 million, a growth of at least 28%. The company also expects Adjusted EBITDA margin expansion of at least 210 basis points and a free cash flow conversion rate above 2024 levels.
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