For the period ending December 31, 2024, Sportradar Group AG held an earnings call on March 19, 2025. The call, led by senior vice president of investor relations and corporate finance, Jim Bombassei, began with opening remarks about the company’s performance over the fourth quarter of 2024 and the full year.
The call featured the presentation of prepared remarks, a question-and-answer segment, and participants included key executives like CEO Carsten Koerl, and CFO Craig Felenstein. Bombassei highlighted the availability of presentation slides and a replay of the call on Sportradar’s investor relations site. Carsten Koerl emphasized the company’s robust financial and strategic performance, discussing the expansion through an acquisition agreement of IMG ARENA, expected to boost Sportradar’s presence in sports such as tennis, soccer, and basketball.
Carsten Koerl expressed optimism about the past year’s results, illustrating growth across the board, increased operating leverage, and significant margin expansion and cash flow generation. He also noted strategic partnerships, such as the extension with Major League Baseball, which is expected to enhance business operations and profit margins. Additionally, Koerl spoke on the logistical and competitive benefits of acquiring IMG ARENA and Sportradar’s plans to leverage new sports rights to enhance market offerings.
Craig Felenstein provided a detailed account of the financial performance, describing revenue and EBITDA growth, both globally and within the U.S., and the strategic management of sports rights and personnel expenses. Felenstein affirmed the company’s steady revenue and EBITDA growth, showcasing significant market expansion and profitability.
During the question-and-answer section, inquiries from analysts focused on the implications of acquiring IMG ARENA, operational efficiencies via AI, and strategic market expansion in Brazil and other regions. Both Carsten and Craig answered questions about acquiring assets and the outlook on further growth driven by the integration of IMG’s extensive portfolio.
Felenstein further detailed from a fiscal standpoint, elaborating on Sportradar’s liquidity position, its share repurchase program, and future expectations around free cash flow. The ongoing investment in technology and artificial intelligence for product innovation was also discussed as a key driver for Sportradar’s growth ambitions.
The call concluded with reiterations of the company’s commitment to progression and margin expansion, the strategic integration of acquired assets, and optimism for continued acceleration in financial performance in 2025.
