The global sports tech giant reported its Q4 and full-year earnings for 2023 on Wednesday, claiming a 20% increase in topline growth for the third straight year.

Sportradar’s revenue has more than doubled in just three years. It brought in €878 million [$960 million] in revenue in 2023, a 20% improvement from the year prior. Its betting business boosted revenue 20% YoY too with €467 million driven by increased sales of its MBS (+29%) and Live Odds (+21%) products. Its Audiovisual segment also grew by 14% YoY to €182 million. The company claimed 33% YoY growth in Adjusted EBITDA too with €167 million.

Its US business achieved profitability with Adjusted EBITDA of €19 million at an 11% margin.