Sports technology company Sportradar reported increased revenue in Q1 2025, with financial results showing growth across several business segments.
The company’s total revenue reached €311m, representing a 17% increase compared to the same period in the previous year.
CEO Carsten Koerl said: “We had a strong start to the year with record quarterly revenue as we delivered broad-based growth across our leading product suite and diverse global footprint, while expanding margins and cash flow.
“The continued momentum we are generating builds upon our success from last year, demonstrating the durability of our business and our mission critical role in the expanding sports ecosystem.”