Sportradar AG(SRAD)

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Sportradar AG(SRAD) - 2025 Q1 - Earnings Call Transcript
2025-05-12 13:32
Sportradar Group (SRAD) Q1 2025 Earnings Call May 12, 2025 08:30 AM ET Company Participants Jim Bombassei - Senior Vice President of Investor Relations & Corporate FinanceCarsten Koerl - Founder, CEO & DirectorCraig Felenstein - Chief Financial OfficerRobin Farley - Managing DirectorDavid Katz - Managing DirectorClark Lampen - Managing DirectorSamuel Nielsen - Equity Research Associate Conference Call Participants Ryan Sigdahl - Partner & Senior Research AnalystJason Tilchen - Director & Senior Equity resea ...
Sportradar AG(SRAD) - 2025 Q1 - Earnings Call Transcript
2025-05-12 13:30
Sportradar Group (SRAD) Q1 2025 Earnings Call May 12, 2025 08:30 AM ET Speaker0 and thank you for standing by. Welcome to the SportsRadar First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Jim Bombesci, SVP and Head of Investor Relations. ...
Sportradar Group AG (SRAD) Q1 Earnings Top Estimates
ZACKS· 2025-05-12 13:10
Sportradar Group AG (SRAD) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, the comp ...
Sportradar AG(SRAD) - 2025 Q1 - Earnings Call Presentation
2025-05-12 11:14
Q1 2025 EARNINGS | May 12, 2025 DISCLAIMER Certain statements in this presentation may constitute "forward-looking" statements and information within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events, including, without limitation, statements regarding future financial or operating performanc ...
Sportradar Announces Pricing of Public Offering of Class A Ordinary Shares by Selling Shareholders and Concurrent Share Repurchase
GlobeNewswire· 2025-04-24 04:03
Core Viewpoint - Sportradar Group AG announced a secondary public offering of 23,000,000 Class A ordinary shares at a price of $22.50 per share, with no proceeds going to the company [1][2] Group 1: Secondary Offering Details - The secondary offering is being conducted by selling shareholders including Canada Pension Plan Investment Board, TCV, and the CEO Carsten Koerl [1] - Underwriters have a 30-day option to purchase an additional 3,450,000 Class A ordinary shares [1] - The offering is expected to close on April 25, 2025 [2] Group 2: Share Repurchase - Concurrently, Sportradar will repurchase 3,000,000 Class A ordinary shares at the same price as the secondary offering, funded by cash on hand [2] - This repurchase is part of an existing $200 million share repurchase program [2] Group 3: Underwriters - Goldman Sachs & Co. LLC and J.P. Morgan are the lead book-running managers for the secondary offering [3] - Other joint book-running managers include Citigroup, Morgan Stanley, UBS Investment Bank, Jefferies, and Deutsche Bank Securities [3] Group 4: Regulatory Filings - Sportradar has filed a shelf registration statement with the SEC for the secondary offering, which became effective upon filing on April 22, 2025 [4] - A preliminary prospectus supplement has been filed, with additional documents to be made available [4] Group 5: Company Overview - Sportradar, founded in 2001, is a leading global sports technology company that provides solutions for sports federations, media, and betting operators [9] - The company covers nearly a million events annually across major sports and partners with organizations like the ATP, NBA, and FIFA [9]
Sportradar Announces Preliminary First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-22 21:05
Core Viewpoint - Sportradar Group AG announced preliminary unaudited financial results for the first quarter ended March 31, 2025, with a full earnings call scheduled for May 12, 2025 [1][2]. Financial Performance - Revenue is projected to be approximately €307 million to €311 million [6]. - Profit for the period is estimated to be between €20 million and €24 million [6]. - Adjusted EBITDA is expected to range from approximately €56 million to €58 million [6]. Financial Reconciliation - The reconciliation of profit for the period from continuing operations to Adjusted EBITDA shows a profit range of €20,000 to €24,000 thousand [5]. - Key components affecting Adjusted EBITDA include finance income, finance costs, depreciation, foreign currency losses, and share-based compensation [7][12]. Company Overview - Sportradar, founded in 2001, is a leading global sports technology company that creates immersive experiences for sports fans and bettors [15]. - The company operates at the intersection of sports, media, and betting, providing solutions to sports federations, media, consumer platforms, and betting operators [15][16]. - Sportradar covers close to a million events annually across all major sports and has partnerships with organizations like ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga [16].
Sportradar Announces Launch of Public Offering of Class A Ordinary Shares by Selling Shareholders and Concurrent Share Repurchase
GlobeNewswire· 2025-04-22 21:04
ST. GALLEN, Switzerland, April 22, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (Nasdaq: SRAD) (“Sportradar” or the “Company”) today announced a proposed secondary public offering of an aggregate of 23,000,000 Class A ordinary shares of the Company (the “Secondary Offering”) by an affiliate of Canada Pension Plan Investment Board, an affiliate of Technology Crossover Ventures, and Carsten Koerl, the Company’s Chief Executive Officer (collectively, the “Selling Shareholders”). The underwriters will have a 30 ...
Is Oriental Land (OLCLY) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2025-04-22 14:41
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Oriental Land (OLCLY) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Oriental Land is one of 257 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the avera ...
The Bet Paid Off: Sportradar Nears IPO Highs
Seeking Alpha· 2025-04-21 21:30
Having dropped as much as 73% after its post-IPO highs in 2021, shares of Sportradar Group (NASDAQ: SRAD ) are currently trading shy of its IPO highs again after a dry spell ofExcellent academic Finance background and Finance professional with five years of cumulative experience in Consulting and Auditing firms including a professional Valuation position, Controlling positions and Freelance Analyst work.I often rate hold/neutral, even when my inclination is bullish or bearish. Rating systems don't consider ...
Sportradar Group AG: Business With Strong Structural Moat
Seeking Alpha· 2025-04-10 03:35
Group 1 - The recommendation for Sportradar Group AG (NASDAQ: SRAD) is a buy rating, indicating strong confidence in the company's future performance [1] - The company possesses strong structural moats, which provide it with real pricing power over time [1] - There are visible growth drivers that support the long-term investment strategy, focusing on identifying companies with solid fundamentals and sustainable competitive advantages [1]