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SRAD (Sportradar Group AG) EBIT : $153 Mil (TTM As of Sep. 2024)


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What is Sportradar Group AG EBIT?

Sportradar Group AG's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $153 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sportradar Group AG's annualized ROC % for the quarter that ended in Sep. 2024 was 7.29%. Sportradar Group AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 380.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sportradar Group AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.21%.


Sportradar Group AG EBIT Historical Data

The historical data trend for Sportradar Group AG's EBIT 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.

* Premium members only.

Sportradar Group AG EBIT Chart

Sportradar Group AG Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
3.55 47.18 63.44 61.26 85.77

Sportradar Group AG Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.20 41.43 20.72 20.43 70.87

Competitive Comparison of Sportradar Group AG's EBIT

For the Software - Application subindustry, Sportradar Group AG's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sportradar Group AG's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Sportradar Group AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sportradar Group AG's EV-to-EBIT falls into.



Sportradar Group AG EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $153 Mil.

* 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.


Sportradar Group AG  (NAS:SRAD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sportradar Group AG's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=170.22 * ( 1 - 15.46% )/( (1921.692 + 2028.19)/ 2 )
=143.903988/1974.941
=7.29 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2418.515 - 287.567 - ( 346.844 - max(0, 387.245 - 596.501+346.844))
=1921.692

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2527.503 - 283.979 - ( 408.856 - max(0, 409.78 - 625.114+408.856))
=2028.19

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Sportradar Group AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=283.492/( ( (75.574 + max(-236.811, 0)) + (73.555 + max(-294.932, 0)) )/ 2 )
=283.492/( ( 75.574 + 73.555 )/ 2 )
=283.492/74.5645
=380.20 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(105.474 + 0 + 35.013) - (287.567 + 31.605 + 58.126)
=-236.811

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.518 + 0 + 30.176) - (283.979 + 47.274 + 67.373)
=-294.932

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sportradar Group AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=153.447/4780.976
=3.21 %

* 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.


Sportradar Group AG EBIT Related Terms

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Sportradar Group AG Business Description

Traded in Other Exchanges
Address
Feldlistrasse 2, St. Gallen, CHE, CH-9000
Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.