SRAD Earnings Prediction
The chart below shows how SRAD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SRAD sees a +3.86% change in stock price 10 days leading up to the earnings, and a +3.88% change 10 days following the report. On the earnings day itself, the stock moves by -1.10%. This data can give you a slight idea of what to expect for the next quarter's release.
SRAD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
255.17M
26.93%
-8.35%
Gross Margin
53.47%
-8.58%
17.96%
Operating Margin
15.03%
8.60%
55.59%
Net Margin
14.54%
532.17%
-2743.64%
EPS
0.12
1100.00%
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No Data Available
SRAD Earnings Analysis
Sportradar Group AG Class A Ordinary Shares Corporation (SRAD.O) Earnings Conference Call
Positive
Strong Revenue Surge: Revenue growth of 27% year-over-year, reaching EUR 255 million in Q3 2024, driven by increased client spending and new partnerships.
EBITDA Margin Expansion: Adjusted EBITDA margin expanded to 30%, reflecting strong operational efficiency and cost management.
Free Cash Flow Surge: Free cash flow increased by 140% year-to-date, demonstrating improved cash generation capabilities.
Customer Loyalty Success: The company achieved a net retention rate of 126%, indicating strong customer loyalty and satisfaction.
Acquisition Impact on Revenue: The successful acquisition of XLMedia is expected to enhance revenue growth and operational leverage in the coming years.
Negative
Third Quarter Revenue Surge: Record third quarter revenues of EUR 255 million increased EUR 54 million, or 27% as compared with the third quarter of 2023, led by higher spending from clients, including incremental contributions related to our new ATP partnership deal.
Turnover and GGR Growth: We managed turnover of approximately EUR 35 billion and achieved a margin of approximately 10% for our sports book clients. This translated in GGR growth of approximately 37%.
Personnel Expenses Analysis: Net adjusted personnel expenses were EUR 69 million in the quarter, up 21% year-on-year and down approximately 140 basis points as a percentage of our revenue.
Operating Expense Reduction: Adjusted other operating expenses of EUR 21 million, decreased 10% versus last year, a decline of approximately 330 basis points as a percentage of revenue as we continue to be vigilant in managing our cost structure.
Exceptional Business Performance: This quarter's exceptional performance highlights the strength of our business and the continued execution of our strategy.
SRAD FAQs
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SRAD Earning Call Sentiment
Sportradar Group AG (SRAD) Q3 2024 Earnings Call Transcript
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SRAD.O
-4.62%Positive
The company's strong financial performance, including a 27% revenue increase and significant profit growth, coupled with a positive outlook on cost management and strategic partnerships, suggests a favorable market reaction. The $200 million share repurchase program further supports investor confidence. Despite potential regulatory and cost challenges, optimistic guidance and strong U.S. revenue growth bolster a positive sentiment. The market cap indicates moderate sensitivity, leading to a prediction of a 2% to 8% stock price increase over the next two weeks.
