Sports data collector and analyst Sportradar has updated its financial predictions for 2027, including revenue rising to €1.7 billion (US$1.84 billion), a compound annual growth rate of 15%.
Additionally, the company is predicted to hit EBITDA of €455 million (US$491 million), a compound annual growth rate of 27%, while free cash flow is anticipated to hit €275 million (US$297 million).
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.
