Sportradar (SRAD) Q3 2024 Earnings Call Transcript

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Thursday, November 7, 2024 astatine 8 a.m. ET

• Chief Executive Officer — Carsten Koerl

• Chief Financial Officer — Craig Felenstein

• SVP, Investor Relations — Jim Bombassei

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Jim Bombassei: Thank you, operator. Hello, everyone, and convey you for joining america for Sportradar's net telephone for the 3rd 4th of 2024. Please enactment that the slides we volition notation during this presumption tin beryllium accessed done the webcast oregon connected our website astatine investors.sportradar.com and volition beryllium posted connected our website astatine the decision of this call. A replay of today's telephone volition besides beryllium disposable connected our website. After our prepared remarks, we volition unfastened up the telephone to questions from the analysts and investors. In the involvement of time, delight bounds yourself to 1 question 1 travel up.

Please enactment that immoderate of the accusation you volition perceive during this treatment contiguous volition dwell of forward-looking statements, including, without limitation, those regarding gross and aboriginal concern outlook. These statements impact risks and uncertainties that whitethorn origin existent results oregon trends to disagree materially from our forecast. For much information, delight notation to the hazard factors discussed successful our yearly study connected Form 20-F and Form 6-K filed contiguous with the SEC, on with the associated net release. We presume nary work to update immoderate forward-looking statements oregon information, which talk arsenic of their respective dates. Also during today's call, we volition contiguous some IFRS and non-IFRS fiscal measures.

Additional disclosures regarding these non-IFRS measures, including a reconciliation of IFRS to non-IFRS measures, are included successful the net release, supplemental slides and our filings with the SEC, each of which is posted to our Investor Relations website. Joining maine contiguous are Carsten Koerl, our CEO; and Craig Felenstein, our CFO. Now I'll crook the telephone implicit to Carsten.

Carsten Koerl: Thank you for joining our 3rd 4th net call. I'm precise pleased to stock these fantabulous results with you. Our concern delivered connected the cardinal metrics that thrust worth with gross maturation of 27%, adjusted EBITDA of 30% and beardown escaped currency flow, up 140% year-to-date. We turn margins successful the 4th and are erstwhile again raising our afloat twelvemonth guidance and present expect borderline enlargement for the afloat year. This show was fueled by the continued execution of our strategy and underpinned of our halfway competitory advantages, including the extent and breadth of our sports coverage, wide merchandise portfolio and unmatched planetary organisation network. Our unparalleled standard and expertise marque america indispensable to the sports ecosystem.