Sportradar sets revenue increase target of 15% by 2027
Sports data collector and analyst Sportradar has updated its financial predictions for 2027, including revenue rising to €1.7 billion (US$1.85 billion)1 EUR = 1.0904 USD
2025-04-02Powered by CMG CurrenShift, a compound annual growth rate of 15%.
Additionally, the company is predicted to hit EBITDA of €455 million (US$496 million)1 EUR = 1.0904 USD
2025-04-02Powered by CMG CurrenShift, a compound annual growth rate of 27%, while free cash flow is anticipated to hit €275 million (US$300 million)1 EUR = 1.0904 USD
2025-04-02Powered by CMG CurrenShift.
Along with these predictions, Sportradar highlighted some strengths that will position it for this growth, such as its more than 2,100 clients globally and the rights to provide official sports data stats for global sports leagues it has secured for multiple years.
It also highlighted the potential to expand into new markets, such as the online casino market, which it estimates has a serviceable addressable market of up to $2 billion.
The company estimates that the addressable sports betting market will grow at a compound annual growth rate above 10% for the next four years.
The company plans to share more details at an Investor day, during which Sportradar CEO Carsten Koerl will explain the company’s financial direction.
Ahead of the investor day, Koerl said, “we look forward to sharing our vision and strategy for driving sustainable, long-term growth at our Investor Day. As the market leader in sports technology, Sportradar is uniquely positioned at the center of the sports ecosystem. With our leading scale, unparalleled global distribution network and history of innovation we are confident in our ability to continue our strong momentum and deliver tremendous value for our clients, partners and shareholders.”
There will also be a chat between Co-Founder and CEO of DraftKings Jason Robins, Co-Founder and CEO of Kaizen Gaming George Daskalakis and the Commissioners of the NBA and NHL, Adam Silver and Gary Bettman, at the investor day.
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