$SRAD

Sportradar Group AG

CIK:0001836470|SEC Filings

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of profit or loss and other comprehensive income
Revenue	€ 1,289,965	€ 1,106,556	€ 877,621
Personnel expenses	(402,221)	(349,669)	(326,031)
Sport rights expenses (including amortization of capitalized sport rights licenses)	(404,319)	(352,435)	(214,189)
Purchased services	(190,928)	(175,582)	(151,705)
Other operating expenses	(146,015)	(93,537)	(89,443)
Internally-developed software cost capitalized	46,746	50,008	28,301
Depreciation and amortization (excluding amortization of capitalized sport rights licenses)	(66,951)	(50,782)	(46,344)
Impairment loss on trade receivables, contract assets and other financial assets	(9,393)	(5,699)	(6,179)
Share of loss of equity-accounted investees		0	(3,699)
Loss on disposal of equity-accounted investee		0	(13,604)
Impairment loss on goodwill and intangible assets	(935)	(167)	(9,854)
Foreign currency gains (losses), net	78,814	(38,223)	23,205
Finance income	10,532	10,952	12,848
Finance cost	(86,531)	(78,870)	(33,731)
Net income before tax	118,764	22,552	47,196
Income tax (expense) benefit	(18,440)	11,060	(12,551)
Profit for the year from continuing operations	100,324	33,612	34,645
Loss from discontinued operations, net of tax		0	(751)
Profit for the year	100,324	33,612	33,894
Items that will not be reclassified subsequently to profit or (loss)
Remeasurement of defined benefit liability	(1,174)	(141)	(874)
Related deferred tax income	187	26	130
Items that will not be reclassified subsequently to profit or (loss)	(987)	(115)	(744)
Items that may be reclassified subsequently to profit or (loss)
Foreign currency translation adjustment attributable to the owners of the Company	(19,618)	11,109	(3,654)
Foreign currency translation adjustment attributable to non-controlling interests	(105)	188	(37)
Total Items that may be reclassified subsequently to profit or (loss)	(19,723)	11,297	(3,691)
Other comprehensive (loss) income for the year, net of tax	(20,710)	11,182	(4,435)
Total comprehensive income for the year	79,614	44,794	29,459
Profit (Loss) attributable to:
Owners of the Company	100,322	34,150	34,655
Non-controlling interests	2	(538)	(761)
Profit for the year	100,324	33,612	33,894
Total comprehensive income (loss) attributable to:
Owners of the Company	79,717	45,144	30,257
Non-controlling interests	(103)	(350)	(798)
Total comprehensive income for the year	79,614	44,794	29,459
Class A shares
Statement of profit or loss and other comprehensive income
Loss from discontinued operations, net of tax			(524)
Profit (Loss) attributable to:
Owners of the Company	€ 73,745	€ 23,845	€ 24,152
Profit per share attributable to owners of the Company
Basic from continuing operations	€ 0.34	€ 0.11	€ 0.12
Diluted from continuing operations	0.31	0.1	0.11
Basic	0.34	0.11	0.12
Diluted	€ 0.31	€ 0.1	€ 0.11
Class B shares
Statement of profit or loss and other comprehensive income
Loss from discontinued operations, net of tax			€ (227)
Profit (Loss) attributable to:
Owners of the Company	€ 26,577	€ 10,305	€ 10,503
Profit per share attributable to owners of the Company
Basic from continuing operations	€ 0.03	€ 0.01	€ 0.01
Diluted from continuing operations	0.03	0.01	0.01
Basic	0.03	0.01	0.01
Diluted	€ 0.03	€ 0.01	€ 0.01

CONSOLIDATED STATEMENTS OF CASH FLOWS - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
OPERATING ACTIVITIES:
Profit for the year	€ 100,324	€ 33,612	€ 33,894
Adjustments to reconcile profit for the year to net cash provided by operating activities:
Income tax expense (benefit)	18,440	(11,060)	12,551
Interest income	(9,683)	(9,285)	(7,683)
Interest expense	86,326	77,470	31,451
Foreign currency (gain) loss, net	(78,814)	38,223	(23,205)
Amortization of capitalized sport rights licenses	270,162	233,945	160,018
Depreciation and amortization (excluding amortization of capitalized sport rights licenses)	66,951	50,782	46,344
Impairment losses on goodwill and intangible assets	935	167	9,854
Equity-settled share-based payments	54,877	39,187	41,177
Share of loss of equity-accounted investees			3,699
Loss on disposal of equity-accounted investee			13,604
Change in provisions	17,888
Other	(3,485)	(13,498)	(6,675)
Cash flow from operating activities before working capital changes, interest and income taxes	523,921	439,543	315,029
Increase in trade receivables, contract assets, other assets and prepayments	(319)	(48,532)	(16,100)
(Decrease) increase in trade and other payables, contract and other liabilities	(24,654)	40,957	(1,477)
Changes in working capital	(24,973)	(7,575)	(17,577)
Interest paid	(85,585)	(76,384)	(30,528)
Interest received	8,833	9,333	7,677
Income taxes paid	(19,181)	(11,906)	(15,956)
Net cash from operating activities	403,015	353,011	258,645
INVESTING ACTIVITIES:
Acquisition of intangible assets	(223,377)	(222,288)	(185,493)
Acquisition of property and equipment	(4,902)	(5,367)	(14,786)
Acquisition of subsidiaries, net of cash acquired	7,925	(27,060)	(12,844)
Proceeds from dissolution of equity-accounted investee			15,172
Acquisition of financial assets			(3,716)
Issuance of loans receivable	(11,500)
Other	(97)	(168)	(423)
Net cash used in investing activities	(231,951)	(254,883)	(202,090)
FINANCING ACTIVITIES:
Payment of lease liabilities	(7,555)	(7,830)	(7,983)
Purchase of treasury shares	(105,216)	(28,725)	(9,022)
Principal payments on bank debt		(150)	(620)
Change in bank overdrafts		(46)	(7)
Acquisition of non-controlling interests	(15,000)
Other	(2)
Net cash used in from financing activities	(127,773)	(36,751)	(17,632)
Net increase in cash and cash equivalents	43,291	61,377	38,923
Cash and cash equivalents as of January 1	348,357	277,174	243,757
Effects of movements in exchange rates	(26,353)	9,806	(5,506)
Cash and cash equivalents as of December 31	€ 365,295	€ 348,357	€ 277,174

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - EUR (€) € in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	€ 365,295	€ 348,357
Trade receivables	93,552	77,106
Contract assets	123,456	93,562
Other assets and prepayments	72,287	46,601
Income tax receivables	15,884	7,624
Total current assets	670,474	573,250
Non-current assets
Property and equipment	79,343	66,240
Intangible assets and goodwill	2,033,653	1,607,057
Other financial assets and other non-current assets	60,517	11,718
Deferred tax assets	28,748	36,376
Total non-current assets	2,202,261	1,721,391
Total assets	2,872,735	2,294,641
Current liabilities
Loans and borrowings	11,010	10,022
Trade and other payables	426,857	259,742
Other liabilities	94,677	68,271
Contract liabilities	35,195	30,200
Income tax liabilities	6,891	5,599
Total current liabilities	574,630	373,834
Non-current liabilities
Loans and borrowings	51,842	36,697
Trade payables	1,209,876	895,679
Contract liabilities	38,024	37,711
Other non-current liabilities	3,880	1,830
Deferred tax liabilities	16,146	19,043
Total non-current liabilities	1,319,768	990,960
Total liabilities	1,894,398	1,364,794
Equity
Ordinary shares	27,582	27,551
Treasury shares	(79,388)	(18,813)
Additional paid-in capital	682,475	668,254
Retained earnings	342,051	221,942
Other reserves	5,615	26,220
Equity attributable to owners of the Company	978,335	925,154
Non-controlling interest	2	4,693
Total equity	978,337	929,847
Total liabilities and equity	€ 2,872,735	€ 2,294,641