Education
About Us
Working with TipRanks
Follow Us
Sportradar Group AG (SRAD)
NASDAQ:SRAD
Top Page
Sportradar Group AG
(NASDAQ:SRAD)
Select Model
Select Model
Rating:77Outperform
Price Target:
$32.00
▲(6.17% Upside)
Sportradar Group AG's overall stock score is driven by strong financial performance and a positive earnings call, indicating robust growth prospects and strategic execution. Technical analysis supports a bullish trend, though caution is advised due to overbought signals. The high valuation presents a risk, suggesting limited upside potential unless earnings growth accelerates further.
Positive Factors
Revenue Growth
Sportradar's consistent revenue growth reflects strong market demand and effective business strategies, supporting long-term expansion.
Strategic Partnerships
Expanding partnerships with major leagues like Bundesliga enhances product offerings and market reach, driving sustained revenue growth.
Cash Flow Generation
Strong cash flow generation provides financial flexibility for investments and strategic initiatives, ensuring long-term business stability.
Negative Factors
Currency Exchange Headwinds
Currency fluctuations can impact profitability and financial performance, posing a risk to international revenue streams and margins.
Operating Margin Pressure
Decreasing operating margins indicate rising costs or inefficiencies, which could affect profitability if not managed effectively.
Loss-Making Deal
Engaging in loss-making deals can strain financial resources and detract from profitability, impacting long-term financial health.
Sportradar Group AG (SRAD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$9.37B
Dividend YieldN/A
Average Volume (3M)1.67M
Price to Earnings (P/E)74.8
Beta (1Y)1.05
Revenue Growth20.14%
EPS Growth335.82%
CountryUS
Employees4,582
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.18
Shares Outstanding220,584,600
10 Day Avg. Volume1,849,361
30 Day Avg. Volume1,669,526
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.93
Enterprise Value/Revenue7.53
Enterprise Value/Gross Profit12.07
Enterprise Value/Ebitda18.68
Forecast
1Y Price Target
$33.60Price Target Upside11.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Sportradar Group AG Business Overview & Revenue Model
Company DescriptionSportradar Group AG (SRAD) is a global leader in sports data and technology, providing comprehensive data and digital content solutions to sports leagues, media companies, bookmakers, and sports federations. The company's core products and services include real-time data collection, data analytics, and digital content solutions, which are used by clients to enhance fan engagement, improve betting experiences, and drive operational efficiencies.
How the Company Makes MoneySportradar Group AG generates revenue primarily through a subscription-based model and data licensing agreements with a diverse range of clients, including sports leagues, media outlets, and betting operators. The company earns substantial income by providing real-time sports data and analytics to its clients, enabling them to offer enhanced betting and viewing experiences. Furthermore, Sportradar monetizes its services by offering integrity services to sports organizations, helping them detect and prevent match-fixing and other unethical practices. Significant strategic partnerships with major sports leagues and organizations, such as the NBA and FIFA, bolster Sportradar's revenue streams by expanding its reach and enhancing its product offerings.
Sportradar Group AG Earnings Call Summary
Earnings Call Date:Aug 05, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Nov 12, 2025
Earnings Call Sentiment Positive
The earnings call highlighted Sportradar's strong financial performance, significant growth in the U.S. market, and successful execution of strategic initiatives like MTS and 4Sight Streaming. The company raised its full-year guidance, indicating confidence in continued momentum. Minor challenges include currency exchange headwinds and a loss-making deal for European leagues. Overall, the positive aspects far outweigh the negatives, showcasing a robust outlook for Sportradar.Q2-2025 Updates
Positive Updates
Record Quarterly Revenues
Sportradar reported all-time record quarterly revenues, up 14% year-over-year, demonstrating the strength and durability of its business model.
Strong U.S. Market Growth
The company saw a 30% growth in the U.S. market and 9% in the rest of the world, reflecting strong market fundamentals.
Managed Trading Service Momentum
MTS saw a 23% turnover growth year-to-date, driven by increased adaptation and new clients. Over 50 new sports books were signed on MTS in 2024.
4Sight Streaming Product Traction
The 4Sight Streaming product is gaining traction, particularly in fast-paced sports, with a 30% uplift in turnover for covered events.
Strong Financial Performance
Adjusted EBITDA increased 31% year-on-year, with an adjusted EBITDA margin expanding approximately 250 basis points to 20.1%.
Positive Free Cash Flow
Sportradar generated $84 million of free cash flow in the first half of the year, with a conversion rate of 68%.
Partnership Expansion
Strengthened partnership with the German Bundesliga to enhance live betting experience, adding new betting opportunities per match.
Increased Full-Year Guidance
The company raised its full-year guidance, anticipating revenues of at least EUR 1.278 billion and adjusted EBITDA of at least EUR 284 million.
Negative Updates
Currency Exchange Headwinds
Sportradar faces headwinds from the further weakening of the U.S. dollar versus the euro.
Loss-Making Deal for European Leagues
The European leagues deal, previously held by IMG ARENA, was considered loss-making and was not included in the pending acquisition.
Company Guidance
During the Sportradar Second Quarter 2025 Earnings Conference Call, the company provided robust guidance with several key metrics. They reported record quarterly revenues of $318 million, which marks a 14% increase year-over-year, and adjusted EBITDA growth of 31% to $64 million, indicating a significant margin expansion. The customer net retention rate was noted at 117%, showcasing strong client loyalty and increased uptake of offerings. Sportradar's U.S. revenue grew by 30%, and the Rest of World revenue rose by 9%, contributing to their comprehensive market presence. They highlighted that 40% of clients now utilize four or more Sportradar products, indicating successful cross-selling and upselling efforts. The Managed Trading Service (MTS) saw a turnover growth of 23% year-to-date, illustrating increased client adoption and market penetration. Furthermore, the company raised its full-year outlook, anticipating revenues of at least EUR 1.278 billion, which represents a growth of at least 16%, and adjusted EBITDA of at least EUR 284 million, reflecting a 28% increase from the previous year.Sportradar Group AG Financial Statement Overview
Summary
Sportradar Group AG demonstrates strong financial health with consistent revenue growth and profitability. The company maintains a prudent balance sheet with low leverage, ensuring financial stability. Cash flow generation is strong, supporting operational and strategic flexibility. While some areas like operating margins and equity funding can be improved, the overall financial position remains solid and supportive of future growth.Income Statement
Sportradar Group AG has shown consistent revenue growth, with a notable increase of 13.91% in the most recent period. The gross profit margin stands strong at 62.42% TTM, reflecting efficient cost management. Net profit margin also improved to 5.11% TTM, showcasing enhanced profitability. However, EBIT margin decreased to 10.79% TTM compared to the previous year, indicating a need to manage operating expenses effectively.85
Very Positive
Balance Sheet
The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.05 TTM, indicating minimal leverage and reduced financial risk. Return on equity is relatively stable at 6.05% TTM, suggesting decent returns for shareholders. However, the equity ratio of 38.32% TTM indicates room for improvement in asset funding through equity.78
Positive
Cash Flow
Sportradar exhibits strong cash flow generation with a significant increase in free cash flow by 25.53% TTM. The operating cash flow to net income ratio is robust at 6.58 TTM, indicating effective cash conversion from profits. However, the free cash flow to net income ratio of 2.67 TTM shows potential for better free cash flow generation relative to net income.80
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.15B | 1.11B | 877.62M | 730.19M | 561.20M | 404.92M |
| Gross Profit | 719.09M | 628.55M | 700.05M | 571.92M | 453.57M | 321.71M |
| EBITDA | 464.65M | 418.59M | 285.01M | 242.64M | 180.98M | 171.20M |
| Net Income | 58.93M | 34.15M | 34.66M | 10.89M | 12.57M | 15.24M |
Balance Sheet | ||||||
| Total Assets | 2.54B | 2.29B | 2.25B | 1.39B | 1.77B | 957.02M |
| Cash, Cash Equivalents and Short-Term Investments | 357.82M | 348.36M | 277.17M | 243.76M | 742.77M | 385.54M |
| Total Debt | 51.40M | 46.72M | 50.15M | 22.84M | 435.35M | 438.68M |
| Total Liabilities | 1.56B | 1.36B | 1.37B | 631.63M | 1.04B | 792.88M |
| Stockholders Equity | 974.67M | 925.15M | 867.79M | 751.59M | 738.82M | 167.28M |
Cash Flow | ||||||
| Free Cash Flow | 157.34M | 125.36M | 58.37M | 5.52M | 1.47M | 57.31M |
| Operating Cash Flow | 388.08M | 353.01M | 258.64M | 168.08M | 132.22M | 151.26M |
| Investing Cash Flow | -254.81M | -254.88M | -202.09M | -246.57M | -333.77M | -98.14M |
| Financing Cash Flow | -47.77M | -36.75M | -17.63M | -459.85M | 539.77M | 274.54M |
Sportradar Group AG Technical Analysis
Neutral
30.14
Price Trends
29.93
Negative
27.47
Positive
23.96
Positive
Market Momentum
-0.07
Positive
46.44
Neutral
38.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SRAD, the sentiment is Neutral. The current price of 30.14 is below the 20-day moving average (MA) of 30.61, above the 50-day MA of 29.93, and above the 200-day MA of 23.96, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 46.44 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SRAD.
Sportradar Group AG Risk Analysis
Sportradar Group AG disclosed 60 risk factors in its most recent earnings report. Sportradar Group AG reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
The requirements of being a public company may strain our resources and divert management's attention, and additional legal, accounting and compliance expenses may be greater than we anticipate. Q4, 2023
Sportradar Group AG Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $9.37B | 74.84 | 11.80% | ― | 20.14% | 335.82% | |
69 Neutral | 5.42B | -332.79 | 0.61% | ― | 13.36% | 0.00% | |
66 Neutral | 5.26B | -114.88 | -5.43% | ― | 40.60% | 79.56% | |
63 Neutral | 19.40B | -43.12 | -13.61% | ― | -13.74% | 48.10% | |
61 Neutral | 4.72B | -14.89 | -38.05% | ― | 20.42% | -9.39% | |
50 Neutral | 3.09B | -40.95 | -29.58% | ― | 28.35% | 24.57% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
Performance Comparison
SRAD
Sportradar Group AG
29.73
17.60
145.09%
KC
Kingsoft Cloud Holdings
16.77
14.54
652.02%
FROG
JFrog
50.19
21.80
76.79%
YOU
Clear Secure
38.03
6.13
19.22%
FRSH
Freshworks
13.10
1.85
16.44%
AMPL
Amplitude
12.30
3.57
40.89%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.