Sportradar 2024 Outlook: Expects Revenue Of €1.06B (Prior €1.05B) Vs. €1.054B; Sees Adjusted EBITDA Off At Least €202M (Prior €200M)

Updated 2024 Annual Financial Outlook

Sportradar is raising its fiscal 2024 outlook for revenue and Adjusted EBITDA (non-IFRS) as follows:

• Revenue of €1,060 million compared with prior outlook of €1,050 million, up 21% year-over-year and representing a 1-percentage point improvement in our full year growth rate.
• Adjusted EBITDA (non-IFRS) of at least €202 million compared with prior outlook of €200 million, up 21% and representing a 1-percentage point improvement in our full year growth rate.
• Adjusted EBITDA margin (non-IFRS) of approximately 19%.