Sportradar Group AG (NAS:SRAD)
$ 10.45 0.1 (0.97%) Market Cap: 3.11 Bil Enterprise Value: 2.84 Bil PE Ratio: 107.81 PB Ratio: 3.27 GF Score: 46/100

Sportradar Group AG at UBS Global TMT Conference Transcript

Dec 05, 2022 / 05:30PM GMT
Release Date Price: $11.25 (-2.43%)
Robin Margaret Farley;Carsten Koerl
UBS Investment Bank, Research Division - MD and Research Analyst;Sportradar Group AG -

Good afternoon, everybody. Thanks for joining us. I'm Robin Farley, the leisure, lodging and gaming analyst at UBS. And today, we're going to be talking with Sportradar.

Sportradar is a leading B2B online sports betting provider. Their customers are more than 900 sports betting operators like DraftKings and FanDuel. And that's in addition to strategic relationships with over 250 sports leagues.

The company has a broad portfolio of data rights, including the NBA, NHL, Major League Baseball and UEFA to name a few, that cover about 890,000 events annually from across 92 sports. They provide live data, betting odds, player tracking capabilities and audiovisual services as well as traffic generation through targeted ads. In the most recent quarter, they grew top line over 30%, and they turned profitable in the U.S. for the first time since their IPO.

Today, we are joined by CEO, Carsten Koerl. So thank you for joining us.

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