Sportradar Group Ag Class A (SRAD) has released an update.
Sportradar Group AG Class A announced a stellar fiscal year 2023, with a 20% increase in revenue and a 33% rise in adjusted EBITDA, alongside a $200 million share repurchase program, reflecting strong financial health and market confidence. The company also forecasts at least a 20% growth in both revenue and adjusted EBITDA for 2024, underpinned by strategic partnerships and innovative product launches. This performance underscores Sportradar’s robust growth trajectory and ongoing commitment to delivering value to shareholders.
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