A sports technology company that collects and processes real-time data from leagues and federations around the world, then sells it to betting operators, media outlets, and sports organizations. It also runs integrity services that monitor betting patterns to help spot match-fixing. The company began in 2001 when two Norwegian college friends built a program to gather betting odds from hundreds of websites; entrepreneur Carsten Koerl bought a controlling stake that year, and the name "Sportradar" plays on the idea of a radar scanning the sports world. Its integrity system has monitored well over a million sporting events in a single year.
Sportradar shareholders approve all AGM proposals, including capital reduction and board re-elections.
At the May 20, 2026 annual general meeting, shareholders approved the 2025 management report, financial statements, compensation report (non-binding), and sustainability report.
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Shareholders approved carrying forward available earnings of CHF -2,582,111,991.22 and discharging the Board and Executive Management from liability.
All ten incumbent directors were re-elected, and Jeffery W. Yabuki was re-elected as Chairman, each for a term until the 2027 AGM.
Shareholders approved a capital reduction of CHF 1,200,000 by canceling 120,000,000 treasury Class B voting shares, reducing share capital to CHF 29,975,736.41.
Shareholders approved reinstating the capital band article with modifications, extending its term and authorizing capital reductions involving Class B voting shares.
Maximum compensation was approved at USD 3,000,000 for the Board and USD 40,000,000 for Executive Management; KPMG AG and BDO AG were re-elected as auditors.
Sportradar amends revolving credit facility, increasing commitments to €250.0 million
The borrower is the wholly-owned subsidiary Sportradar Capital S.à r.l., with obligations guaranteed by certain subsidiaries and secured by assets of the borrower and certain subsidiaries.
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On April 30, 2026, Sportradar Group AG amended and restated its existing €220.0 million revolving credit facility, increasing total commitments to €250.0 million.
No commitments were outstanding under the RCF before or after the amendment.
Borrowings bear interest at EURIBOR (or Term SOFR or SONIA) plus a margin ranging from 1.50% to 2.25% per annum, based on the senior secured net leverage ratio; the current margin is 1.50%.
The credit agreement includes customary covenants and a springing financial covenant requiring a senior secured net leverage ratio not exceeding 6.50:1.
Sportradar reports Q1 2026 revenue up 11% to €347M and announces $250M share repurchase program
Sportradar Group AG reported first quarter 2026 revenue of €347 million, an 11% increase year-over-year.
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The company posted a loss for the period of €6 million, compared to a profit of €24 million in the prior year quarter, due to unrealized foreign currency losses.
Adjusted EBITDA rose 12% to €66 million, with margin expanding to 19.0%.
Sportradar entered into an enhanced open market repurchase program with Morgan Stanley to buy back up to $250 million of its Class A ordinary shares from May 1, 2026 through August 28, 2026.
Sameer Deen will become Chief Operating Officer effective May 18, 2026, reporting to CEO Carsten Koerl.
Sportradar responds to sensationalized reports, reaffirms compliance framework and Russia stance.
Sportradar Group AG filed a Form 6-K on April 28, 2026, addressing recent third-party reports it says are designed to drive down its stock price.
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The company states it holds more than 130 supplier licenses worldwide and maintains a robust compliance framework with board oversight.
Sportradar says it suspended all new investments in Russia immediately after the war with Ukraine began and continues to comply with international sanctions.
The company explains that a visible client identifier on a website does not necessarily indicate a direct contract, citing B2B distribution and pirated feeds as other scenarios.
CEO Carsten Koerl's past minority investment in a Russian sportsbook was previously disclosed and fully divested at the outbreak of the war, according to the filing.
Sportradar reports Q4 and FY 2025 results; expands share repurchase plan to $1 billion
Full year 2025 revenue increased 17% to a record €1,290 million; Q4 revenue rose 20% to €369 million.
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Full year Adjusted EBITDA grew 33% to €297 million; Q4 Adjusted EBITDA grew 48% to €89 million.
Full year profit was €100 million; Q4 profit was €4 million.
Completed acquisition of IMG ARENA in November 2025; no financial consideration paid, with $225 million total consideration structured as seller prepayments and payments to Sportradar.
Board increased share repurchase authorization from $300 million to $1 billion; $171 million repurchased as of February 27, 2026.
Sportradar Q3 2025 revenue up 14% to €292M, raises FY2025 outlook, boosts buyback to $300M
Q3 2025 revenue increased 14% year-over-year to €292 million, with profit of €22 million and Adjusted EBITDA up 29% to €85 million (29.0% margin).
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Raised full-year 2025 outlook to revenue of at least €1,290 million (17% growth) and Adjusted EBITDA of at least €290 million (30% growth).
Board increased share repurchase authorization by $100 million to a total of $300 million; $85.8 million repurchased to date.
Completed acquisition of IMG ARENA on November 1, 2025, with $225 million total consideration (no cash paid by Sportradar; seller prepayments and payments to Sportradar over two years).
Customer Net Retention Rate reached 114%; U.S. revenue grew 21% to €66.6 million in Q3.