Sportradar Outlines Growth Strategy and Financial Outlook at Investor

Provides financial targets, including the expectation to grow revenue at a 15% CAGR through 2027, while expanding Adjusted EBITDA margin and Free Cash Flow conversion by 700 basis points.

Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), the leading global sports technology company, will host an Investor Day today to present its growth strategy and financial outlook.

Chief Executive Officer Carsten Koerl, Chief Financial Officer Craig Felenstein, and other members of Sportradar’s leadership team will provide an in-depth look into the Company’s priorities and growth opportunities. The event will also feature a fireside chat with Adam Silver, NBA Commissioner, and Gary Bettman, NHL Commissioner, as well as presentations from Jason Robins, Co-Founder and CEO of DraftKings, and George Daskalakis, Co-Founder and CEO of Kaizen Gaming, owner of the Betano sportsbook brand.

Speakers will highlight Sportradar’s competitive advantages and the key elements of its growth strategy, which will enable it to continue driving significant value for partners, clients, and shareholders, including:

At an inflection point for long-term value creation. With industry-leading scale, unmatched competitive advantages, and key sports rights secured for the long term, the Company is at an inflection point to drive sustainable revenue growth while significantly expanding margins and cash generation.
Mission-critical leadership. The Company holds an unrivaled position at the center of the sports ecosystem, serving over 2,100 clients and partners worldwide. Its unmatched depth, breadth, and scale in content-rich data, diverse product portfolio, and expansive distribution network create high barriers to entry.
Large and growing sports betting opportunity. With a global addressable sports betting market expected to grow at a double-digit CAGR over the next four years, the Company benefits from strong market tailwinds and the convergence of the sports, betting, and media industries.
A track record of product innovation to drive engagement. The Company is well-positioned to outpace industry growth and capture a growing share of in-play betting thanks to a market-leading product portfolio designed to deeply engage sports fans, combined with a commercial strategy focused on addressing clients’ evolving needs.
Opportunities in adjacent markets. The Company will continue exploring opportunities in adjacent markets, including leveraging its existing 360-degree marketing services capabilities in the online casino market, opening up a potential $2 billion serviceable addressable market (SAM).
Leveraging technology and AI to drive efficiency and innovation. A robust tech stack and deep AI capabilities enable the Company to improve efficiencies, accelerate innovation, and provide an opportunity to lower growth barriers for partners and clients within the sports ecosystem.

Sportradar expects to deliver exceptional financial performance over the next three years, targeting the following 2027 objectives:

Revenue of at least €1.7 billion, representing a 15% CAGR.
Adjusted EBITDA¹ of at least €455 million, representing a 27% CAGR.
Adjusted EBITDA¹ margin expansion of 700 basis points.
Free cash flow¹ of approximately €275 million, increasing free cash flow conversion¹ to at least 60% by 2027.

¹ Non-IFRS measure; see the section below titled “Non-IFRS Financial Measures” for more details.

Carsten Koerl, Sportradar’s Chief Executive Officer, said:
“We look forward to sharing our vision and strategy for driving sustainable, long-term growth at our Investor Day. As the market leader in sports technology, Sportradar is uniquely positioned at the center of the sports ecosystem. With our leading scale, unparalleled global distribution network, and history of innovation, we are confident in our ability to continue our strong momentum and deliver tremendous value for our clients, partners, and shareholders.”

The full agenda and a live stream of the presentations, beginning at 9 am EST, can be found on the Sportradar Investor Relations website and dedicated Investor Day website. A replay will be available after the event concludes.