Sportradar Group AG (Sportradar Group AG) COGS-to-Revenue : 0.21 (As of Mar. 2024)

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What is Sportradar Group AG COGS-to-Revenue?

Sportradar Group AG's Cost of Goods Sold for the three months ended in Mar. 2024 was $59 Mil. Its Revenue for the three months ended in Mar. 2024 was $289 Mil.

Sportradar Group AG's COGS to Revenue for the three months ended in Mar. 2024 was 0.21.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sportradar Group AG's Gross Margin % for the three months ended in Mar. 2024 was 79.43%.

Sportradar Group AG COGS-to-Revenue Historical Data

The historical data trend for Sportradar Group AG's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sportradar Group AG COGS-to-Revenue Chart

Sportradar Group AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.14

0.21

0.19

0.22

0.20

Sportradar Group AG Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial												0.21	0.18	0.18	0.23	0.21

Sportradar Group AG COGS-to-Revenue Calculation

Sportradar Group AG's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	193.648	/	957.057
	=	0.20

Sportradar Group AG's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	59.448	/	289.015
	=	0.21

Sportradar Group AG (NAS:SRAD) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Sportradar Group AG's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	59.448 / 289.015
	=	79.43 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Sportradar Group AG (Sportradar Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sportradar Group AG (NAS:SRAD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

1M4:Germany

Address

Feldlistrasse 2, St. Gallen, CHE, CH-9000

Website

https://www.sportradar.com

Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the global sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.