Sportradar (SRAD) 20-F 20 Mar 24 2023 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2023 shares
Entity Addresses [Line Items]
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-40799
Entity Registrant Name	Sportradar Group AG
Entity Incorporation, State or Country Code	V8
Entity Address, Address Line One	Feldlistrasse 2
Entity Address, Postal Zip Code	CH-9000
Entity Address, City or Town	St. Gallen
Entity Address, Country	CH
Title of 12(b) Security	Class A ordinary shares, nominal value CHF 0.10 per share
Trading Symbol	SRAD
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001836470
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
ICFR Auditor Attestation Flag	true
Document Accounting Standard	International Financial Reporting Standards
Document Financial Statement Error Correction	false
Amendment Flag	false
Auditor Name	KPMG
Auditor Location	Gallen, Switzerland
Auditor Firm ID	3240
Business Contact [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	Feldlistrasse 2
Entity Address, Postal Zip Code	CH-9000
Entity Address, City or Town	St. Gallen
Entity Address, Country	CH
Contact Personnel Name	Carsten Koerl
City Area Code	+41
Local Phone Number	71 517 72 00
Class A Ordinary Shares [Member]
Entity Addresses [Line Items]
Entity Common Stock, Shares Outstanding	207,794,199
Class B Ordinary Shares [Member]
Entity Addresses [Line Items]
Entity Common Stock, Shares Outstanding	903,670,701

CONSOLIDATED STATEMENTS OF PROF

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of profit or loss and other comprehensive income
Revenue	€ 877,621	€ 730,188	€ 561,202
Purchased services and licenses (excluding depreciation and amortization)	(205,876)	(175,997)	(119,426)
Internally-developed software cost capitalized	28,301	17,730	11,794
Personnel expenses	(326,031)	(265,984)	(183,820)
Other operating expenses	(89,443)	(95,891)	(87,308)
Depreciation and amortization	(206,362)	(184,813)	(129,375)
Impairment loss on trade receivables, contract assets and other financial assets	(6,179)	(1,552)	(5,952)
Remeasurement of previously held equity-accounted investee	0	7,698
Share of loss of equity-accounted investees	(3,699)	(4,082)	(1,485)
Loss on disposal of equity-accounted investee	(13,604)
Impairment loss on goodwill and intangible assets	(9,854)
Foreign currency gains, net	23,205	26,690	5,437
Finance income	12,848	5,250	5,297
Finance cost	(33,731)	(41,447)	(32,540)
Net income before tax	47,196	17,790	23,824
Income tax expense	(12,551)	(7,299)	(11,037)
Profit for the year from continuing operations	34,645	10,491	12,787
Discontinued operations
Loss from discontinued operations, net of tax	(751)
Profit for the year	33,894	10,491	12,787
Items that will not be reclassified subsequently to profit or (loss)
Remeasurement of defined benefit liability	(874)	2,192	1,399
Related deferred tax income/(expense)	130	(333)	(202)
Total Items that will not be reclassified subsequently to profit or loss	(744)	1,859	1,197
Items that may be reclassified subsequently to profit or (loss)
Foreign currency translation adjustment attributable to the owners of the Company	(3,654)	1,989	13,720
Foreign currency translation adjustment attributable to non-controlling interests	(37)	10	(265)
Total Items that may be reclassified subsequently to profit or loss	(3,691)	1,999	13,455
Other comprehensive income (loss) for the year, net of tax	(4,435)	3,858	14,652
Total comprehensive income for the year	29,459	14,349	27,439
Profit (Loss) attributable to:
Owners of the Company	34,655	10,891	12,569
Non-controlling interests	(761)	(400)	218
Profit for the year	33,894	10,491	12,787
Total comprehensive income (loss) attributable to:
Owners of the Company	30,257	14,739	27,486
Non-controlling interests	(798)	(390)	(47)
Total comprehensive income for the year	29,459	14,349	27,439
Class A shares
Discontinued operations
Loss from discontinued operations, net of tax	(524)
Profit (Loss) attributable to:
Owners of the Company	€ 24,152	€ 7,580	€ 8,744
Profit for the year from continuing operations attributable to owners of the Company
Basic from continuing operations	€ 0.12	€ 0.04	€ 0.05
Diluted from continuing operations	0.11	0.03	0.05
Basic	0.12	0.04	0.05
Diluted	€ 0.11	€ 0.03	€ 0.05
Class B shares
Discontinued operations
Loss from discontinued operations, net of tax	€ (227)
Profit (Loss) attributable to:
Owners of the Company	€ 10,503	€ 3,311	€ 3,825
Profit for the year from continuing operations attributable to owners of the Company
Basic from continuing operations	€ 0.01	€ 0	€ 0
Diluted from continuing operations	0.01	0	0
Basic	0.01	0	0
Diluted	€ 0.01	€ 0	€ 0

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	€ 277,174	€ 243,757
Trade receivables	71,246	63,412
Contract assets	60,869	50,482
Other assets and prepayments	33,252	42,913
Income tax receivables	6,527	1,631
Total current assets	449,068	402,195
Non-current assets
Property and equipment	72,762	37,887
Intangible assets and goodwill	1,697,331	843,632
Equity-accounted investee		33,888
Other financial assets and other non-current assets	11,806	44,445
Deferred tax assets	16,383	27,014
Total non-current assets	1,798,282	986,866
Total assets	2,247,350	1,389,061
Current liabilities
Loans and borrowings	9,586	7,361
Trade payables	259,667	204,994
Other liabilities	55,724	65,268
Contract liabilities	26,595	23,172
Income tax liabilities	4,542	8,693
Total current liabilities	356,114	309,488
Non-current liabilities
Loans and borrowings	40,559	15,484
Trade payables	908,499	264,665
Contract liabilities	39,526	5,252
Other non-current liabilities	8,500	10,695
Deferred tax liabilities	21,315	26,048
Total non-current liabilities	1,018,399	322,144
Total liabilities	1,374,513	631,632
Ordinary shares	27,421	27,323
Treasury shares	(2,322)	(2,705)
Additional paid-in capital	653,840	590,191
Retained earnings	173,629	117,155
Other reserves	15,226	19,624
Equity attributable to owners of the Company	867,794	751,588
Non-controlling interest	5,043	5,841
Total equity	872,837	757,429
Total liabilities and equity	€ 2,247,350	€ 1,389,061

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - EUR (€) € in Thousands	Ordinary shares	Share capital	Participation certificates	Treasury shares	Additional paid-in capital	Retained earnings	Foreign currency translation reserve	Reserve from actuarial gains and losses	Attributable to owners of the Company	Attributable to non-controlling interests	Total
Balance at Dec. 31, 2020		€ 302	€ 161	€ (1,970)	€ 99,896	€ 68,027	€ 2,035	€ (1,176)	€ 167,275	€ (3,143)	€ 164,132
Net profit (loss) for the year from continuing operations						12,569			12,569	218	12,787
Other comprehensive income (loss)							13,720	1,197	14,917	(265)	14,652
Total comprehensive income (loss)						12,569	13,720	1,197	27,486	(47)	27,439
Issuance of MPP share awards				1,346	469				1,815		1,815
Reclassification of unpaid contribution of capital					5,383	669			6,052		6,052
Equity-settled share-based payments					6,993	8,428			15,421		15,421
Issuance of participation certificates			3		7,748				7,751		7,751
Reclassification of deposit liability					3,211				3,211		3,211
Issuance of ordinary shares	€ 2,407				544,223				546,630		546,630
IPO restructuring	24,890	€ (302)	€ (164)	624	(125,136)				(100,088)		(100,088)
Grants to sport rights holders					63,270				63,270		63,270
Balance at Dec. 31, 2021	27,297				606,057	89,693	15,755	21	738,823	(3,189)	735,634
Net profit (loss) for the year from continuing operations						10,891			10,891	(400)	10,491
Other comprehensive income (loss)							1,989	1,859	3,848	10	3,858
Total comprehensive income (loss)						10,891	1,989	1,859	14,739	(390)	14,349
Purchase of treasury shares				(3,837)					(3,837)		(3,837)
Equity-settled share-based payments					3,741	24,558			28,299		28,299
Reclassification of deposit liability					2,432				2,432		2,432
Business combinations					3,000				3,000	6,227	9,227
Acquisition of non-controlling interests					(31,438)				(31,438)	3,193	(28,245)
Vesting of RSUs	26			1,132	6,399	(7,987)			(430)		(430)
Balance at Dec. 31, 2022	27,323			(2,705)	590,191	117,155	17,744	1,880	751,588	5,841	757,429
Net profit (loss) for the year from continuing operations						34,655			34,655	(761)	33,894
Other comprehensive income (loss)							(3,654)	(744)	(4,398)	(37)	(4,435)
Total comprehensive income (loss)						34,655	(3,654)	(744)	30,257	(798)	29,459
Purchase of treasury shares				(9,022)					(9,022)		(9,022)
Equity-settled share-based payments					1,643	39,534			41,177		41,177
Reclassification of deposit liability					1,811				1,811		1,811
Vesting of RSUs	98			9,405	8,196	(17,715)			(16)		(16)
Grants to sport rights holders					51,999				51,999		51,999
Balance at Dec. 31, 2023	€ 27,421			€ (2,322)	€ 653,840	€ 173,629	€ 14,090	€ 1,136	€ 867,794	€ 5,043	€ 872,837

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
OPERATING ACTIVITIES:
Profit for the year	€ 33,894	€ 10,491	€ 12,787
Adjustments to reconcile profit for the year to net cash provided by operating activities:
Income tax expense	12,551	7,299	11,037
Interest income	(7,683)	(5,250)	(5,179)
Interest expense	31,451	40,036	32,325
Impairment losses (income) on financial assets		(5)	5,889
Remeasurement of previously held equity-accounted investee	0	(7,698)
Other financial expenses (income)	(2,885)	1,411	96
Foreign currency gains, net	(23,205)	(26,690)	(5,437)
Amortization and impairment of intangible asset	201,620	172,831	119,048
Depreciation of property and equipment	14,596	11,982	10,327
Equity-settled share-based payments	41,177	28,299	15,431
Share of loss of equity-accounted investees	3,699	4,082	1,485
Loss on disposal of equity-accounted investee	13,604
Other	(3,790)	(3,178)	(876)
Cash flow from operating activities before working capital changes, interest and income taxes	315,029	233,610	196,933
Increase in trade receivables, contract assets, other assets and prepayments	(16,100)	(53,519)	(69,896)
Increase (decrease) in trade and other payables, contract and other liabilities	(1,477)	32,159	44,385
Changes in working capital	(17,577)	(21,360)	(25,511)
Interest paid	(30,528)	(33,591)	(31,060)
Interest received	7,677	5,091	165
Income taxes paid	(15,956)	(15,673)	(8,306)
Net cash from operating activities	258,645	168,077	132,221
INVESTING ACTIVITIES:
Acquisition of intangible assets	(185,493)	(154,266)	(124,890)
Acquisition of property and equipment	(14,786)	(8,288)	(5,861)
Acquisition of subsidiaries, net of cash acquired	(12,844)	(56,245)	(198,432)
Proceeds from dissolution of equity-accounted investee	15,172
Acquisition of financial assets	(3,716)		(2,605)
Contribution to equity-accounted investee		(27,873)	(45)
Proceeds from disposal of subsidiaries	778
Proceeds from sale of intangible and tangible assets	154
Collection of loans receivable	41	208	265
Issuance of loans receivable	(935)		(2,270)
Collection of deposits	623		222
Payment of deposits	(1,084)	(103)	(152)
Net cash used in investing activities	(202,090)	(246,567)	(333,768)
FINANCING ACTIVITIES:
Payment of lease liabilities	(7,983)	(5,958)	(7,118)
Purchase of treasury shares	(9,022)	(3,837)
Principle payments on bank debt	(620)	(420,685)	(2,376)
Change in bank overdrafts	(7)	(23)	(22)
Acquisition of non-controlling interests		(28,245)
Transaction costs related to borrowings		(1,100)
Proceeds from issuance of MPP share awards			1,650
Proceeds from issue of participation certificates			1,002
Proceeds from issuance of new shares			556,639
Transaction costs related to issuance of new shares and participation certificates			(10,009)
Net cash (used in) from financing activities	(17,632)	(459,848)	539,766
Net increase (decrease) in cash and cash equivalents	38,923	(538,338)	338,219
Cash and cash equivalents as of January 1	243,757	742,773	385,542
Effects of movements in exchange rates	(5,506)	39,322	19,012
Cash and cash equivalents as of December 31	€ 277,174	€ 243,757	€ 742,773

General information

General information	12 Months Ended
	Dec. 31, 2023
General information
General information	Note 1. General information 1.1 Reporting entity Sportradar Group AG and its subsidiaries (together, the “Company” or “Sportradar”) is a leading provider of sports data services and premium partner for the sports betting and media industries. The parent company, Sportradar Group AG, was incorporated on June 24, 2021 as a stock corporation under the laws of Switzerland, located in St. Gallen, Switzerland, and is registered in the Commercial Register of the district court in St. Gallen. Sportradar Group AG is a publicly listed holding company and it held 100% equity interest in Sportradar Holding AG, which was the parent company prior to June 24, 2021. In 2021, Sportradar Group AG became a publicly listed holding company and its sole material asset became its equity interest in Sportradar Holding AG. As the sole direct holder of equity in Sportradar Holding AG (which is the Company’s predecessor for financial reporting purposes and was merged into Sportradar Group AG in June 2022), Sportradar Group AG operates the business and controls strategic decisions and day-to-day operations. In connection with the initial public offering of the Company (the “IPO”) in September 2021, the Company completed a series of reorganization transactions whereby all of the outstanding ordinary shares and participation certificates of Sportradar Holding AG (excluding directly or indirectly held treasury shares) were contributed and transferred, directly or indirectly, to Sportradar Group AG in exchange for newly issued Class A and Class B ordinary shares of Sportradar Group AG (the “Reorganization Transactions”). The Reorganization Transactions included the following: ● Formation of Sportradar Group AG - on June 24, 2021, Carsten Koerl, the Founder and Chief Executive Officer of the Company, incorporated Sportradar Group AG, a Swiss corporation, contributed CHF 100,000 and received 1,000,000 ordinary shares of Sportradar Group AG, CHF 0.10 nominal value per share. ● Contribution of ordinary shares and participation certificates in Sportradar Holding AG - prior to the completion of the IPO, (i) all of the existing shareholders and holders of participation certificates (other than Carsten Koerl) contributed their ordinary shares and/or participation certificates of Sportradar Holding AG to Sportradar Group AG and received Class A ordinary shares in Sportradar Group AG and (ii) Carsten Koerl contributed his ordinary shares of Sportradar Holding AG to Sportradar Group AG and received (a) 2,500,000 Class A ordinary shares and (b) 903,670,701 Class B ordinary shares, in each case, of Sportradar Group AG. ● Contribution of participation certificates under the Management Participation Program - certain directors and executive officers participate in the Management Participation Program (the “MPP”), under which participants indirectly purchased participation certificates of Sportradar Holding AG through Slam InvestCo S.à r.l. (“MPP Co”), a special purpose vehicle established to hold participation certificates of Sportradar Holding AG for the MPP. In connection with the IPO, MPP participants contributed their shares of MPP Co to Sportradar Group AG and MPP Co became a subsidiary of Sportradar Group AG. The MPP participants, in exchange, received Class A ordinary shares, a portion of which was vested and no longer subject to repurchase and a portion of which was initially unvested and subject to repurchase by the Company upon a termination of employment in certain circumstances. (refer to Note 31). ● Conversion of options under the Phantom Option Plan - Phantom Option Plan (the “POP”) is maintained for certain key employees, who are not executive officers. The participants are entitled to bonus payments calculated by reference to the value of a hypothetical option to purchase shares of Sportradar Holding AG. Based upon the initial public offering price of $27.00 , the outstanding awards under the POP were converted into 66,744 restricted stock units, which were granted to the POP participants pursuant to and under the Sportradar Group AG Omnibus Stock Plan (refer to Note 31). The Company completed its listing on The Nasdaq Global Select Market on September 14, 2021 under the ticker symbol “SRAD”, offering 19,000,000 Class A ordinary shares at the price of $27.00 per share. In 2021, Sportradar Group AG was incorporated and inserted at the top of an existing group (Sportradar Holding AG), which is a business as defined in IFRS 3 Business Combinations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A ​ Class B ​ ​ ​ ​ Capital and reserves ​ ordinary ​ ordinary ​ ​ ​ Particip. in number of shares shares shares Shares certificates Reorganization transactions 180,341,159 903,670,701 (344,611) (158,709) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital and reserves ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ expressed in ​ Ordinary ​ Share ​ Treasury ​ Additional paid in ​ Particip. thousands of Euros shares capital shares capital certificates Reorganization transactions 24,890 (302) 624 (125,136) (164) ​ The consolidated financial statements for the financial years ended December 31, 2023 were approved and authorized for issue by the Company’s Board of Directors on March 19, 2024. 1.2 Basis of preparation The consolidated financial statements have been prepared in conformity with IFRS Accounting Standards as issued by the International Accounting Standards Board (“IASB”). The consolidated financial statements have been prepared on an accrual basis applying the historical cost concept, except for certain financial instruments that are measured at fair value. The accounting policies set out below comply with each respective IFRS effective at the end of the Company’s reporting period, which was December 31, 2023. They have all been applied consistently throughout the year and the preceding years. Certain monetary amounts, percentages, and other figures included in this report have been subject to rounding adjustments. Accordingly, figures shown as totals in certain tables may not be the arithmetic aggregation of the figures that precede them. 1.3 Basis of consolidation The consolidated financial statements comprise the financial statements of the Company as of December 31, 2023 and 2022 and the for the years ended December 31, 2023, 2022 and 2021 and the Company’s share of the results and net assets of its associates. A subsidiary is an entity controlled by the Company. The Company controls an entity when the Company is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Company. They are deconsolidated from the date that control ceases. Intercompany transactions, balances, unrealized losses and unrealized gains on transactions between subsidiaries are eliminated in preparing the consolidated financial statements. Accounting policies of subsidiaries are consistent with the policies adopted by the Company. Non-controlling interests are measured initially at their proportionate share of the acquired entity’s identifiable net assets at the date of acquisition. Non-controlling interests are the proportionate share of the results and the equity in a subsidiary not attributable, directly or indirectly, to a parent. Non-controlling interests in the net assets and in the results of consolidated subsidiaries are identified separately from the Company’s equity and results. Non-controlling interests consist of the amount of those interests at the date of the business combination and the non-controlling interests’ share of changes in equity since that date. Profit or loss and each component of Other Comprehensive Income (“OCI”) are attributed to the equity holders of the parent of the Company and to the non-controlling interests, even if this results in the non-controlling interests having a deficit balance. A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. If the Company loses control over a subsidiary, it derecognizes the related assets (including goodwill), liabilities, non-controlling interest and other components of equity, while any resultant gain or loss is recognized in the consolidated statements of profit or loss and other comprehensive income. Any investment retained is recognized at fair value. 1.4 Global economic conditions The Company’s financial performance is subject to global economic conditions and their impact on levels of entertainment and discretionary consumer spending. Economic recessions have had, and may continue to have, far reaching adverse consequences across many industries, including the global sports entertainment and gaming industries, which may adversely affect the Company’s business, and financial condition or results of operation. The recent economic environment of heightened interest rates and inflation may impact the spending behavior of the Company’s customers and demand for the Company’s product offerings. The Company mainly exposed to cash flow interest rate risk in connection with borrowings. At December 31, 2023 and 2022, the Company had no outstanding commitments outstanding under the Facility B and no outstanding commitments under the revolving credit facility (Note 21). 1.5 Going concern Management has reviewed the Company’s budget, considered the assumptions used in the budget, including potential impact of the global economic conditions and other risks which might impact performance in the near future. Taking into account significant positive cash inflows from operating activities, current and future developments and principal risks and uncertainties, and making appropriate inquiries, management has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, which is at least 12 months from the date when these consolidated financial statements were authorized for issue. Accordingly, management is satisfied that the consolidated financial statements should be prepared on a going concern basis. The Company’s financial position, cash flows, liquidity position and debt facility are described in the consolidated financial statements.

Material accounting policy info

Material accounting policy information policies	12 Months Ended
	Dec. 31, 2023
Material accounting policy information
Material accounting policy information	Note 2. Material accounting policy information 2.1 New and amended standards and interpretations The following IFRS amendments and interpretations are effective from January 1, 2023: ● IFRS 17 and amendments to IFRS 17: Insurance Contracts ● Amendments to IAS 8: Definition of Accounting Estimates ● Amendments to IAS 12: Deferred Tax related to Assets and Liabilities arising from a Single Transaction ● Amendments to IAS 1 and IFRS Practice Statement 2: Disclosure of Accounting Policies ● Amendments to IAS 12: International Tax Reform – Pillar Two Model Rules The amendments to IAS 8 clarify the distinction between changes in accounting estimates, changes in accounting policies and the correction of errors. They also clarify how entities use measurement techniques and inputs to develop accounting estimates. The amendments to IAS 1 and IFRS Practice Statement 2 provide guidance and examples to help entities apply materiality judgements to accounting policy disclosures. The amendments aim to help entities provide accounting policy disclosures that are more useful by replacing the requirement for entities to disclose their ‘significant’ accounting policies with a requirement to disclose their ‘material’ accounting policies and adding guidance on how entities apply the concept of materiality in making decisions about accounting policy disclosures. The amendments to IAS 8, IAS 1, and IFRS Practice Statement 2 have had an impact on the Company’s disclosures of accounting policies related to the use of estimates, judgements and assumptions in Note 2.3, but not on the measurement, recognition or presentation of any items in the Company’s consolidated financial statements. On May 23, 2023, the International Accounting Standards Board issued International Tax Reform—Pillar Two Model Rules – Amendments to IAS 12 . The amendments clarify that IAS 12 applies to income taxes arising from tax law enacted or substantively enacted to implement the Pillar Two model rules published by the Organization for Economic Co-operation and Development (“OECD”), including tax law that implements Qualified Domestic Minimum Top-up Taxes. Such tax legislation, and the income taxes arising from it, are referred to as ‘Pillar Two legislation’ and ‘Pillar Two income taxes’, respectively. The amendments provide a temporary mandatory exception from deferred tax accounting for the top-up tax, which is effective immediately, and require new disclosures about the Pillar Two exposure. The mandatory exception applies retrospectively. Pillar Two legislation has been enacted or substantively enacted in certain jurisdictions in which the Company operates. However, this legislation does not apply to the Company as its consolidated revenue is lower than €750 million. The Company will disclose known or reasonably estimable information to understand the Company’s exposure to Pillar Two income taxes when the legislation is in scope for the Company. Amendments to IFRS 10 and IAS 28: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture Consolidated Financial Statements Investments in Associates and Joint Ventures 2.2 Standards and interpretations issued but not yet effective The following new and revised standards and interpretations are issued but are not yet effective and were not early adopted by the Company in preparing these consolidated financial statements. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Planned ​ ​ ​ ​ application by ​ ​ Effective ​ Sportradar in Standard or interpretation date reporting year Amendments to IFRS 16: Lease Liability in a Sale and Leaseback January 1, 2024 2024 Amendments to IAS 1: Classification of Non-current liabilities with covenants January 1, 2024 2024 Amendments to IAS 1: Classification of Liabilities as Current or Non-current January 1, 2024 2024 Amendments to IAS 7 and IFRS 7: Supplier Finance Arrangements ​ January 1, 2024 ​ 2024 Amendments to IAS 21: Lack of Exchangeability ​ January 1, 2025 ​ 2025 ​ The above new standards, new interpretations and amended standards are not expected to have a material impact on the consolidated financial statements of the Company. 2.3 Use of judgments, estimates and assumptions In preparing the consolidated financial statements, management is required to make judgments, estimates and assumptions that affect the application of the Company’s accounting policies and the reported amounts of revenue and expenses, assets, liabilities and disclosure of contingent assets and liabilities. Management considers an accounting judgment, estimate or assumption to be critical when (1) the estimate or assumption is complex in nature or requires a high degree of judgment and (2) the use of different judgments, estimates and assumptions could have a material impact on the Company’s consolidated financial statements. The most significant of these estimates and assumptions relate to accounting for newly acquired or modified sport rights licenses, assessing the fair value of acquired assets and liabilities accounted for through business acquisitions and fair value of consideration transferred, and goodwill impairment. Management evaluates its estimates on an ongoing basis using the most current and available information. However, actual results may differ significantly from estimates. Changes in estimates are recorded in the period in which they become known. a) Newly acquired or modified sport rights licenses The Company typically enters into license agreements with sports leagues for the right to supply data and/or live video feeds to the betting industry and the media, among others. As described in Note 2.9 below, certain license agreements fulfill the definition of an intangible asset. For license agreements that meet the definition of an intangible asset, there remains uncertainty regarding the timing of initial recognition as an intangible asset and whether those agreements could be considered as executory contracts that should only lead to asset recognition when payments are made. IFRS does not provide industry specific guidance for such license agreements. Therefore, the general recognition requirements of IAS 38 Intangible assets At initial recognition, license assets are measured at cost. As described in Note 2.9 below, costs include the discounted contractually agreed and in-substance fixed minimum license payments over the non-cancellable contract term, amounts arising from barter transactions and fair value of equity instruments granted. Due to the varied and complex payment terms and conditions of license agreements, determination of contractually-agreed and in-substance fixed minimum license payments for each capitalized license asset involves a significant degree of judgement. The fair value of equity instruments rely on valuation models with input assumptions for volatility, expected term, and risk-free rate. Management’s estimates of fair value are based upon assumptions believed to be reasonable, but are inherently uncertain and unpredictable and, as a result, actual values may differ from estimates. b) Fair value acquired assets and liabilities in business combinations and fair value of consideration transferred The Company accounts for acquisitions in accordance with IFRS 3 Business Combinations Sportradar’s estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual values may differ from estimates. Allocation of consideration transferred to identifiable assets and liabilities affects the Company’s amortization expense, as acquired finite-lived intangible assets are amortized over their useful lives, whereas any indefinite lived intangible assets, including goodwill, are not amortized. c) Goodwill impairment In accordance with IAS 36 Impairment of assets An impairment is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of its value in use and its fair value less costs to sell. The Company determines the recoverable amount of a CGU on the basis of its value in use. The determination of a recoverable amount includes management’s consideration of key internal inputs and external market conditions such as future prices, growth rate, and customer demand, which impact future cash flows and the determination of the most appropriate discount rate. Impairment tests of goodwill are performed based on the financial budgets most recently prepared by the Company. The budgets are based on historical experience and represent management’s best estimates about future developments. Budgeted EBITDA was estimated taking into account the average cash flow growth levels experienced over the past years and the estimated sales volume and price growth for the next two years. Sales volumes, sales prices and variable cost assumptions are derived from industry forecasts, forecasts for the regions in which the Company operates, internal management projections and past performance. Cash flow projections beyond the budget period are applied to the CGUs for the following one year with transition into perpetuity. They are based on internal management projections. For CGUs United States and RoW Other, cash flows after the budget period are extrapolated for a further seven years using declining growth rates and a terminal growth rate thereafter. Both CGUs are in the investment phase and management expects they will be profitable in a longer run. Therefore, management extended the time horizon for the extrapolated periods beyond five years as presumed by IAS 36. The cash flows are initially discounted at a rate corresponding to the post-tax cost of capital. Pre-tax discount rates are then determined iteratively for disclosure purposes. The resulting value in use for each CGU is then compared to the carrying amount of the CGU. The key assumptions used in the 2023 annual impairment test are disclosed in Note 13.1. 2.4 Business combinations The Company applies the acquisition method to account for business combinations. The consideration transferred for the acquisition of a subsidiary is the fair values of the assets transferred, the liabilities incurred to the former owners of the acquired entity and the equity interests issued by the Company. The consideration transferred includes the fair values of any asset or liability resulting from a contingent consideration arrangement. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. The Company recognizes any non-controlling interest in the acquired entity at the non-controlling interest’s proportionate share of the recognized amounts of the acquired entity’s identifiable net assets. Acquisition-related costs are expensed as incurred. Any contingent consideration to be transferred by the Company is recognized at fair value at the acquisition date. Subsequent changes in the fair value of the contingent consideration, that is deemed to be an asset or liability, are recognized in the consolidated statements of profit or loss and other comprehensive income. For further information on business combinations, refer to Note 3. 2.5 Foreign currency In preparing the financial statements of individual entities of the Company, transactions in foreign currencies are translated to the respective functional currency of Group companies using the exchange rate prevailing at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are subsequently translated to the functional currency at the exchange rate at the reporting date. Non-monetary assets and liabilities that are measured based on historical cost in a foreign currency are not subsequently translated. When translating the subsidiary’s respective functional currencies into Sportradar’s presentation currency, which is Euro, assets and liabilities of foreign operations, including goodwill and fair value adjustments arising on acquisition are translated using the exchange rates at the reporting date. Income and expense items are translated using the average exchange rates prevailing during the year. Equity is translated at historical exchange rates. All resulting foreign currency translation differences are recognized in other comprehensive income and accumulated in the foreign currency translation reserve. If a foreign operation is entirely disposed of or control is lost due to a partial disposal, the cumulative amount of the translation reserve relating to that foreign operation is reclassified to profit or loss and is part of the gain or loss on disposal. 2.6 Revenue from contracts with customers The Company derives revenue mainly from service contracts with customers. Revenue from contracts with customers is recognized when it transfers control over a service to a customer at an amount that reflects the consideration to which the Company expects to be entitled in exchange for those services. Refer to Note 4 for an overview of the performance obligations and revenue recognition within Sportradar. 2.7 Purchased services and licenses Cost of purchased services consists primarily of licenses and sports rights that have not been capitalized, fees paid to data journalists and freelancers for gathering sports data, fees to sales agents, production costs, consultancy fees, IT development costs, as well as internet data traffic costs and cloud (hosting) costs and other external service costs. These costs are primarily expensed as they are incurred. This financial statement caption does not include depreciation or amortization expense (as further summarized in Note 13 and Note 14). 2.8 Income taxes Income taxes include current and deferred income taxes. Income taxes are recognized in profit or loss except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which case it is recognized in other comprehensive income or directly in equity, respectively. Current income taxes relate to all taxes levied on taxable income of the consolidated companies. It is calculated using tax rates that are enacted or substantively enacted at the reporting date, and any adjustment to tax payable in respect of previous years. Other taxes such as property taxes or excise taxes are classified as other operating expenses. Deferred tax assets and liabilities are recognized in the consolidated statements of financial position for all temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and their tax bases as well as for unused tax credits and unused tax losses carried forward. However, deferred tax is not recognized for temporary differences on the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss, and if the temporary difference arose from the initial recognition of goodwill. Temporary differences relating to investments in subsidiaries are not recognized to the extent the Company is able to control the timing of the reversal of the temporary differences and it is probable that they will not reverse in the foreseeable future. Deferred tax assets are recognized for unused tax losses, unused tax credits and deductible temporary differences only to the extent that it is probable that future taxable income will be available against which they can be utilized. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. For purposes of calculating deferred tax assets and liabilities, the Company applies tax rates that are expected to be applied to temporary differences when they reverse, based on tax rates that are enacted or substantively enacted at the reporting date. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets and they relate to the same taxation authority or different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously, in each future period in which significant amounts of deferred tax liabilities or assets are expected to be settled or recovered. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously. For further details, refer to Note 11. 2.9 Intangible assets Intangible assets are identifiable non-monetary assets without physical substance. An asset is a resource that is controlled by the entity as a result of past events (for example, purchased or self-created) and from which future economic benefits (inflows of cash or other assets) are expected. IAS 38 requires an entity to recognize an intangible asset, whether purchased or self-created (at cost) if, and only if: ● it is probable that the future economic benefits that are attributable to the asset will flow to the entity; and ● the cost of the asset can be measured reliably. License agreements Sportradar typically enters into license agreements with sports leagues for the right to supply data and/or live video feeds to the betting industry and the media, among others. Those license agreements may include rights to live and past game data, live videos and marketing rights. Such license agreements fulfil the definition of an asset except where rights granted solely relate to live events (i.e., live data and/or videos). Such license agreements fulfil the definition of an intangible asset because they arise from contractual rights and are therefore considered identifiable non-monetary assets without physical substance. In addition, the Company also exercises control over the rights granted because the Company is able to obtain future economic benefits (income from selling official data and/or videos) and can restrict others from doing so. License agreements that meet the definition of an intangible asset and meet the recognition criteria are recognized as license intangible assets at commencement of the license term. License agreements that do not meet the definition of an intangible asset or do not meet the recognition criteria are recognized as expenses when they occur. At initial recognition, license assets are measured at cost. Costs include the contractually agreed and in-substance fixed minimum license payments over the non-cancellable contract term. These payments are discounted using the market interest rate at initial recognition. Furthermore, amounts arising from barter transactions are included in the cost of the license asset and recognized as contract liability. Variable payments determined to not represent minimum license payments over the non-cancellable contract term (e.g., based on revenues) are not part of the cost and are recognized as expenses when they occur. The fair value of equity instruments granted are part of cost of the license asset and the corresponding credit is recognized in additional paid-in capital. After initial recognition, license assets are carried at cost less accumulated amortization and impairment losses. The useful lives are based on the license term (2 – 10 years). The amortization method used reflects the pattern in which the asset’s future economic benefits are expected to be consumed. If that pattern cannot be determined reliably, the straight-line method is used. The consumption of economic benefits is influenced by the license term as well as the underlying schedule for the respective sports league. The Company generally amortizes its license agreements on a straight-line basis over the respective seasons. Amortization expense is recorded under depreciation and amortization in the consolidated statements of profit or loss and other comprehensive income. For changes in payments resulting from re-negotiations due to reduced benefits from the license management applies the following accounting policy. Credit notes received from the sport rights holders are recognized against license fees payables included within trade payables in the consolidated statements of financial position. The same amount is then recognized as a disposal of the respective intangible asset considering the lower service potential due to suspension and cancellation of sporting events. Internally-developed software Research costs are expensed as incurred, and development costs are only recognized as internally-developed software (internally generated intangible assets) if all recognition criteria stipulated in IAS 38 are met. Only expenses that can be directly allocated to development projects are capitalized. The estimated useful lives and amortization method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. ​ ​ ​ ​ ​ Estimated useful life in years Internally-developed software in use 3 –5 ​ The amount initially recognized for internally-developed software is the sum of the expenditure incurred from the date when the intangible asset first meets the recognition criteria. Subsequent to initial recognition, development costs are measured at cost less accumulated amortization and any accumulated impairment losses. Goodwill Goodwill is initially measured at cost, being the excess of the aggregate consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the fair value of the identifiable assets acquired and liabilities assumed. If the fair value of the net assets acquired is in excess of the aggregate consideration transferred, the Company reassesses whether it correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognized at the acquisition date. If the reassessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognized in the consolidated statements of profit or loss and other comprehensive income of the year. Goodwill arising from acquisition of subsidiaries is subsequently measured at cost less accumulated impairment losses. Other intangible assets Other intangible assets with definite useful lives are measured at cost less accumulated amortization and any accumulated impairment losses. Subsequent expenditure is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditure is recognized in the consolidated statements of profit or loss and other comprehensive income as incurred. Generally, intangible assets are amortized on a straight-line basis over the shorter of their contractual term or their estimated useful lives. The following useful lives are applied: ​ ​ ​ ​ ​ ​ Estimated useful Intangible asset life in years Brand name ​ 5 Customer base ​ 5 -10 Technology ​ 2 -10 ​ The amortization expense is recorded under depreciation and amortization in the consolidated statements of profit or loss and other comprehensive income. The expense of low value assets is recorded in other operating expenses. Other intangible assets with indefinite useful lives as well as goodwill are not amortized but tested for impairment annually. Impairment losses on these assets are presented as a separate line in the consolidated statements of profit or loss and other comprehensive income. 2.10 Property and equipment Items of property and equipment are measured at cost less accumulated depreciation and any accumulated impairment losses. Property and equipment are depreciated on a straight-line basis over the estimated useful life of the assets: ​ ​ ​ ​ ​ ​ Estimated useful Property and equipment life in years Office buildings ​ 5 -12 Other facilities and equipment ​ 3 -15 ​ The estimated useful lives and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Maintenance and repairs are expensed as incurred. Depreciation expense of property and equipment is recorded under depreciation and amortization in the consolidated statements of profit or loss and other comprehensive income. 2.11 Impairment of non-financial assets The Company assesses at each reporting date, whether there is a trigger that non-financial assets might be impaired. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Irrespective of whether there is any indication of impairment, the Company tests goodwill acquired in a business combination, intangible assets not yet available for use and intangible assets with an indefinite useful life for impairment at least annually. For impairment testing, assets are grouped together into the smallest group of assets that generate cash inflows from continuing use that are largely independent of the cash inflows of other assets or cash generating units (“CGU”). Goodwill arising from a business combination is allocated to the CGUs that are expected to benefit from the synergies of the business combination, irrespective of whether other assets or liabilities of the acquiree are assigned to these units. An impairment loss is recognized when an asset’s or CGU’s carrying amount exceeds its recoverable amount. The recoverable amount is the greater of its fair value less costs to sell and its value in use. Value in use is based on the estimated future cash flows expected to arise from the continued use of the asset or from its eventual disposal, discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or CGU. If these tests result in an impairment, the relating loss is reported as a separate line in the consolidated statements of profit or loss and other comprehensive income. On the consolidated statements of financial position, impairment losses are allocated first to reduce the carrying amount of any goodwill allocated to the CGU and then to reduce the carrying amounts of the other assets in the CGU on a pro rata basis. For further details, refer to Note 13. If there is any indication that the considerations which led to an impairment no longer exists, the Company will consider the need to reverse all or a portion of the impairment charge except for goodwill. This reversal is limited so that the carrying amount of the asset does not exceed its recoverable amount, nor exceed the carrying amount that would have been determined, net of depreciation or amortization, had no impairment loss been recognized in prior years. 2.12 Leases The Company leases property (office buildings). The leases are individually negotiated and include a variety of different terms and conditions in different countries but run for a period of one to 18 years . The period, where applicable, includes also extension options according to the contracts. The Company as a lessee A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Measurement and recognition of leases as a lessee At the lease commencement date, the Company recognizes a right-of-use asset and a lease liability. The right-of-use asset is initially measured at cost, which is made up of the initial measurement of the liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and, if applicable, an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. The Company subsequently depreciates the right-of-use asset on a straight-line basis from the commencement date to the end of the lease term and adjusts for certain remeasurements of the lease liability. The Company also assesses the right-of-use asset for impairment if any indicators exist. At the lease commencement date, the Company measures the lease liability at the present value of the lease payments unpaid at that date, discounting using a market rate of interest that the Company would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment. Lease payments included in the measurement of the lease liability are made up of fixed payments (including in substance fixed payments), variable payments based on an index or rate, and, if applicable, amounts expected to be payable under a residual value guarantee, payments arising from options reasonably certain to be exercised and penalties for early termination of a lease unless the Company is reasonably certain not to terminate early. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in the Company’s estimate of the amount of the amount expected to be payable under a residual value guarantee, if the Company changes its assessment of whether it will exercise a purchase, extension or termination option or if there is a revised in-substance fixed lease payment. When the lease liability is remeasured, a corresponding adjustment is made to the carrying amount of the right-of-use asset or is recorded in profit or loss if the carrying amount of the right-of-use asset has already been reduced to zero. On the consolidated statements of financial position, right-of-use assets are presented within property and equipment while lease liabilities are presented within loans and borrowings. Short-term leases and leases of low-value assets The Company has elected not to recognize right-of-use assets and lease liabilities for leases of low-value assets and short-term leases, including other facilities and equipment. The payments in relation to these leases are recognized in the consolidated statements of profit or loss and other comprehensive income on a straight-line basis over the lease term. 2.13 Financial instruments Initial recognition and derecognition Trade receivables and debt securities are initially recognized on their date of origination. All other financial assets and financial liabilities are initially recognized when the Company becomes a party to the contractual provisions of the instrument. A financial asset (unless it is a trade receivable without a significant financing component) or financial liability is initially measured at fair value plus (for financial assets) or minus (for financial liabilities), for an item not at measured at fair value through profit or loss (“FVTPL”), transaction costs that are directly attributable to its acquisition or issue. A trade receivable without a significant financing component is initially measured at the transaction price. The Company derecognizes financial assets when the contractual right to the cash flows expires or the assets are transferred, and the Company has neither retained the contractual rights to receive cash nor assumes any obligations to pay cash from the assets. Classification and measurement Financial Assets Cash and cash equivalents Cash comprises cash on hand and demand deposits. Cash equivalents are short-term (maximum 3 months), highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. Cash and cash equivalents include bank accounts, petty cash and cash held by the Company. Financial assets measured at amortized cost Loans, receivables and cash accounts are subsequently measured at amortized cost using the effective interest rate method. The amortized cost is reduced by impairment losses, if any. Gains and losses are recognized in the consolidated statements of profit or loss and other comprehensive income when the asset is derecognized, modified or impaired. Financial assets measured at fair value On initial recognition, all financial assets are either classified as asset measured at amortized cost or fair value through other comprehensive income (“FVOCI”), otherwise the financial asset is measured at FVTPL. Financial assets measured at FVOCI comprise equity

Business combinations

Business combinations	12 Months Ended
	Dec. 31, 2023
Business combinations
Business combinations	Note 3. Business combinations Business combinations during the year ended December 31, 2023 Acquisition of Aforoa Ltd On January 12, 2023, the Company acquired 100% of the voting interest in Aforoa Ltd (“Aforoa", whose name was subsequently changed to Sportradar Cyprus), a Cyprus based provider of software solutions which uses AI, machine learning and computer vision to collect and analyze data from live sports streams and videos. The final purchase price consisted of cash consideration totaling €4.9 million. The fair value of the contingent consideration as of January 12, 2023 was €1.4 million. The fair values of the identifiable assets and liabilities of Aforoa as of the date of acquisition are as follows: ​ ​ ​ ​ in €‘000 As of January 12, 2023 Technology 2,718 Other tangible assets 6 Cash 48 Liabilities (345) Deferred tax liability, net (340) Net assets acquired 2,087 Goodwill 4,236 Consideration transferred 6,323 ​ The fair value of tangible and intangible assets and liabilities was based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows, appraisals and market comparables. The goodwill mainly reflects Aforoa`s workforce and synergies to complement and extend Sportradar`s product suite and strategic growth. Goodwill is not expected to be deductible for tax purposes. During the year ended December 31, 2023, the seller achieved contingent consideration milestones totaling €0.8 million. As of December 31, 2023, if the remaining milestones stipulated in the purchase agreement are achieved, the seller will receive up to €1.0 million as cash payments to be paid in 2025. As of December 31, 2023, the contingent consideration liability was re-assessed and determined to be €1.6 million, based on the expected probable outcome, which includes the achievement of the first milestone of €0.8 million. The change in the fair value measurement of the contingent consideration liability (level 3) is summarized as follows: ​ ​ ​ ​ in €‘000 As of January 12, 2023 1,400 Net fair value changes recognized in profit from continuing operations during the year 214 As of December 31, 2023 1,614 ​ The cash flows arising from the acquisition of Aforoa during the year ended December 31, 2023 were as follows: ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2023 Cash consideration paid for acquisition of subsidiary (4,968) Cash acquired with the subsidiary 48 Net cash paid for acquisition (included in cash used in investing activities) (4,920) ​ Transaction costs of €0.1 million were incurred and included in other operating expenses for the years ended December 31, 2023 and 2022. Acquisitions during the year ended December 31, 2022 Acquisition of additional interest in Sportradar US, LLC On March 29, 2022, the Company purchased an additional 7% non-controlling interest in its subsidiary Sportradar US, LLC, a Delaware limited liability company, for €28.2 million in cash. Following this transaction, Sportradar US, LLC became a wholly-owned subsidiary of the Company. The additional interest acquired resulted in a negative non-controlling interest balance of €3.2 million being reclassified to additional paid in capital in the consolidated statements of changes in equity during the year ended December 31, 2022. Together with the purchase price of €28.2 million, that led to a total decrease in Additional paid in capital in the amount of €31.4 million. Acquisition of Vaix Limited On April 6, 2022, the Company acquired 100% of the voting interest in Vaix Limited (“Vaix”), a private company incorporated in England and Wales with a wholly-owned subsidiary incorporated in Greece, Vaix Greece IKE. Vaix develops artificial intelligence (AI) solutions for the iGaming Industry. Vaix’s innovative AI technology allows betting and gaming operators to gain a personalized view of their customers, which provides a more targeted, player-friendly experience. The Company paid at closing a purchase price in cash of €21.7 million. If certain milestones stipulated in the purchase agreement are achieved, the seller will receive up to €23.4 million as cash payments to be paid in three tranches in addition to the initial purchase consideration. The fair value of the contingent consideration as of April 6, 2022 was €18.8 million. Transaction costs of €0.4 million were incurred and included in other operating expenses for the year ended December 31, 2022. The fair values of the identifiable assets and liabilities of Vaix as of the date of acquisition are as follows: ​ ​ ​ ​ in €‘000 As of April 6, 2022 Customer base 1,630 Technology 6,785 Brand 1,006 Other tangible assets 539 Cash 689 Liabilities (1,791) Deferred tax liability, net (1,298) Net assets acquired 7,560 Goodwill 32,766 Consideration transferred 40,326 ​ The fair value of tangible and intangible assets and liabilities was based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows, appraisals and market comparables. The goodwill mainly reflects Vaix`s workforce and synergies to complement and extend Sportradar`s product suite and strategic growth. Goodwill is not expected to be deductible for tax purposes. As of December 31, 2023, the contingent consideration liability was re-assessed and determined to be €11.7 million, based on the expected probable outcome, which includes the achievement of the second milestone of €5.5 million to be paid to the seller in 2024. The seller may receive up to €11.0 million during 2024 for the remaining milestones as cash payments to be paid in 2025. As of December 31, 2022, the contingent consideration liability was re-assessed and determined to be €19.5 million, based on the expected probable outcome, which included the achievement of the first milestone of €5.8 million paid to the seller in 2023. The change in the fair value measurement of the contingent consideration liability (level 3) is summarized as follows: ​ ​ ​ ​ in €‘000 As of April 6, 2022 18,800 Net fair value changes recognized in profit from continuing operations during the year 739 As of December 31, 2022 19,539 Payments during the year (5,800) Net fair value changes recognized in profit from continuing operations during the year (2,065) As of December 31, 2023 11,674 ​ The cash flows arising from the acquisition of Vaix during the year ended December 31, 2022 were as follows: ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2022 Cash consideration paid for acquisition of subsidiary (21,681) Cash acquired with the subsidiary 689 Net cash paid for acquisition (included in cash used in investing activities) (20,992) Transaction costs of the acquisition (included in cash from operating activities) (373) Net cash outflow on acquisition of subsidiary (21,365) ​ Since the acquisition, the revenue, net loss before tax and net loss amounts included in the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2022 are €3.3 million, €0.4 million and €0.2 million, respectively. If the acquisition had occurred on January 1, 2022, the pro forma revenue, net loss before tax and net loss for year ended December 31, 2022 would have been €4.4 million, €0.6 million and €0.3 million, respectively. Acquisition of Ortec Sports B.V. On April 28, 2022, the Company acquired 100% of shares in Ortec Sports B.V. (“Ortec”), a Dutch limited liability company, whose name was subsequently changed to Sportradar B.V., for the cash purchase price of €5.7 million. Ortec is a provider of technology and analytics for professional teams, national associations, and commercial organizations. The fair values of the identifiable assets and liabilities of Ortec as of the date of acquisition are as follows: ​ ​ ​ ​ in €‘000 As of April 28, 2022 Customer base 582 Technology 1,978 Brand 383 Other tangible assets 696 Liabilities (255) Deferred tax liability, net (746) Net assets acquired 2,638 Goodwill 3,079 Consideration transferred 5,717 ​ The fair value of tangible and intangible assets and liabilities was based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows, appraisals and market comparables. The goodwill mainly reflects Ortec`s workforce and synergies to complement and extend Sportradar`s product suite and strategic growth. Goodwill is not expected to be deductible for tax purposes. The cash flows arising from the acquisition of Ortec during the year ended December 31, 2022 were as follows: ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2022 Cash consideration paid for acquisition of subsidiary (5,717) Cash acquired with the subsidiary 25 Net cash paid for acquisition (included in cash used in investing activities) (5,692) Transaction costs of the acquisition (included in cash from operating activities) (235) Net cash outflow on acquisition of subsidiary (5,927) ​ During the year ended December 31, 2023, an additional deferred consideration of €0.6 million, which was withheld for any possible claims, was paid in cash and is included in cash used for investing activities in the consolidated statement of cash flows. Since the acquisition, the revenue, net loss before tax and net loss amounts included in the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2022 are €1.7 million, €0.7 million and €0.6 million, respectively. If the acquisition had occurred on January 1, 2022, the pro forma revenue, net loss before tax and net loss for year ended December 31, 2022 would have been €2.6 million, €1.0 million and €0.8 million, respectively. Acquisition of additional interest in NSoft Group The NSoft Group, comprising NSoft d.o.o., Mostar, Bosnia and Herzegovina (“NSoft”) and its wholly-owned subsidiaries STARK Solutions d.o.o., a company incorporated in Bosnia and Herzegovina, and N-Soft Solutions d.o.o., a company incorporated in Croatia, traditionally acted as a partner for Sportradar. The NSoft group is a leading provider of betting software and offers a retail portfolio of games to bookmakers operating in the Eastern European market. Until April 28, 2022, Sportradar held 40% of the shares of NSoft. On April 29, 2022, the Company acquired an additional 30% for cash consideration of €12.0 million, increasing its ownership to 70%. As of December 31, 2022, NSoft is a consolidated entity of the Company. Transaction costs of €0.3 million were incurred and included in other operating expenses for the year ended December 31, 2022. For the year ended and as of December 31, 2021, NSoft was an associate and accounted for using the equity method of accounting (refer to Note 16). The fair value of the previous held interest in NSoft on the date of acquisition was € The Company elected to measure the non-controlling interest in the acquiree at the proportionate share of its interest in the acquiree’s identifiable net assets. The fair values of the identifiable assets and liabilities of NSoft as of the date of acquisition of the additional interest are as follows: ​ ​ ​ ​ in €‘000 As of April 29, 2022 Customer base 4,509 Technology 8,706 Brand 2,513 Property and equipment 2,624 Other tangible assets 5,155 Cash 1,868 Other liabilities (3,523) Deferred tax liability, net (1,096) Net assets acquired 20,756 Goodwill 13,471 Non-controlling interest (30%) (6,227) Consideration transferred 28,000 ​ The fair value of tangible and intangible assets and liabilities was based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows, appraisals and market comparables. The goodwill mainly reflects NSoft`s workforce and synergies to complement and extend Sportradar`s product suite and strategic growth. Goodwill is not expected to be deductible for tax purposes. The cash flows arising from the acquisition of NSoft during the year ended December 31, 2022 were as follows: ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2022 Cash consideration paid for acquisition of subsidiary (12,000) Cash acquired with the subsidiary 1,868 Net cash paid for acquisition (included in cash used in investing activities) (10,132) Transaction costs of the acquisition (included in cash from operating activities) (261) Net cash outflow on acquisition of subsidiary (10,393) ​ Since the acquisition, the revenue, net loss before tax and net loss amounts included in the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2022 are €14.4 million, €1.5 million and €1.3 million, respectively. If the acquisition had occurred on January 1, 2022, the pro forma revenue, net loss before tax and net loss for year ended December 31, 2022 would have been €21.6 million, €2.3 million and €2.0 million, respectively. Acquisition of Bettech Gaming (PTY) LTD On August 4, 2022, Sportradar acquired 100% of shares in Bettech Gaming (PTY) LTD (“BetTech”), a betting platform based in Cape Town, South Africa from the Company’s CEO, Carsten Koerl and minority shareholders for consideration of €7.0 million. The Company’s acquisition of BetTech is an acquisition under common control and is a related party transaction (refer to Note 28). Immediately upon closing of the Company’s acquisition of BetTech, the Company contributed 100% of the shares of BetTech based on an enterprise value of €10.0 million to SportTech (as defined below), in addition to cash payments totaling €27.9 million, for a 49% ownership in SportTech (refer to Note 16.3). The Company recorded a €3.0 million gain upon contribution of BetTech as part of additional paid-in capital for the year ended December 31, 2022. As SportTech is an associate of the Company, the contributions in 2022 were a related party transaction (refer to Note 16.3 and Note 28). On May 31, 2023, the Company sold its 49% interest to the majority shareholder, Ringier, at which time BetTech became a wholly-owned subsidiary of the Company. The Board of Directors simultaneously approved a plan committed to sell BetTech. BetTech was classified as disposal group held for sale until the date it was sold. BetTech was sold to a third party on November 30, 2023 and is not a subsidiary of the Company as of December 31, 2023 (refer to Note 29). Acquisitions during the year ended December 31, 2021 Acquisition of Fresh Eight Limited On March 2, 2021, the Company acquired 100% of the voting interest in Fresh Eight Limited (“Fresh 8”), a United Kingdom based provider of a personalized messaging platform in the global betting and gaming market. The acquisition of Fresh 8 augmented Sportradar`s ad:s business unit. The Company paid at closing a purchase price in cash of €11.6 million as consideration. As part of the purchase agreement, a deferred consideration payable of €0.5 million was determined based on the working capital adjustment at period end. Contingent consideration of €0.6 million was determined to be remuneration and is being recognized over the earn-out period. The fair value of the contingent consideration included in the total purchase price as of March 2, 2021 was €8.2 million and will be paid to the seller in three tranches. First, a payment of €4.4 million was paid in 2022 to the seller for achievement of the first milestone. As of December 31, 2022, the seller achieved the second milestone and was paid €2.8 million during 2023. As of December 31, 2023, the final and third milestone stipulated in the purchase agreement is achieved the seller will receive €2.2 million cash payment in 2024. The change in the fair value measurement of the contingent consideration liability (level 3) is summarized as follows: ​ ​ ​ ​ in €‘000 As of January 1, 2022 8,200 Cash payments during the year (4,385) Net fair value changes recognized in profit from continuing operations for the year 1,079 As of December 31, 2022 4,894 Cash payments during the year ​ (2,775) Net fair value changes recognized in profit from continuing operations for the year ​ 96 As of December 31, 2023 ​ 2,215 ​ Transaction costs of €0.4 million were incurred and included in other operating expenses for the year ended December 31, 2021. The fair values of the identifiable assets and liabilities of Fresh 8 as of the date of acquisition are as follows: ​ ​ ​ ​ in €‘000 As of March 2, 2021 Customer base 4,863 Technology 3,402 Property and equipment 69 Trade receivables 377 Contract assets and other assets 176 Cash 152 Current liabilities (327) Deferred tax liability, net (1,570) Net assets acquired 7,142 Goodwill 13,168 Consideration transferred 20,310 ​ The goodwill mainly reflects synergy potential based on the ability to improve U.S. penetration of the Ads market and further strengthen the Company’s Ads business. Goodwill is not expected to be deductible for tax purposes. The fair value of tangible and intangible assets and liabilities was based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows, appraisals and market comparable. The cash flows arising from the acquisition of Fresh 8 during the year ended December 31, 2021 were as follows: ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2021 Cash consideration paid for acquisition of subsidiary (12,063) Cash acquired with the subsidiary 152 Net cash paid for acquisition (included in cash used in investing activities) (11,911) Transaction costs of the acquisition (included in cash from operating activities) (439) Net cash outflow on acquisition of subsidiary (12,350) ​ Acquisition of Atrium Sports, Inc. On May 6, 2021, the Company acquired 100% of the voting interest in Atrium Sports, Inc. (“Atrium”), a market leader in data and video analytics in the college and professional sports space. The acquisition complemented Sportradar’s 360-degree product suite and continued to deepen and broaden relationships with key sports organizations globally. The Company paid cash of €183.0 million and issued 1,805 participation certificates of the Company in connection with the acquisition. The fair value of the 1,805 participation certificates was determined to be €22.4 million as of May 6, 2021 and was based on bids received from independent third parties in connection with a potential acquisition of the Company. The participation certificates were subject to certain non-market performance vesting conditions and service vesting conditions. A portion of the participation certificates, amounting to €9.2 million, was determined to be part of the total purchase consideration and the remaining €13.2 million of the participation certificates was determined to be remuneration. The fair value of the participation certificates determined to be part of the total purchase consideration is recognized within other liabilities in the consolidated statements of financial position as this part is subject to certain re-purchase provisions. The corresponding deposit liability amounted to €6.0 million as of December 31, 2021 and will unwind at the respective vesting dates. As of December 31, 2023, 2022 and 2021, the amounts of €1.8 million, €2.4 million and €3.2 million, respectively, were unwound and reclassified to additional paid-in capital. The fair value of the participation certificates determined to be remuneration will be recognized as a share-based payment expense over the vesting period on a graded vesting basis. For the years ended December 31, 2023, 2022 and 2021, the Company recognized share-based compensation expense of €1.6 million, €3.7 million and €7.0 million, respectively, in the consolidated statements of profit or loss and other comprehensive income. Transaction costs of €3.9 million were incurred and included in other operating expenses for the year ended December 31, 2021. The fair values of the identifiable assets and liabilities of Atrium as of the date of acquisition are as follows: ​ ​ ​ ​ in €‘000 As of May 6, 2021 Customer base 16,477 Brand 1,679 Technology 56,540 Property and equipment 3,537 Trade receivables 1,974 Contract assets and other assets 3,899 Cash 1,087 Current liabilities (10,567) Non-current liabilities (1,253) Deferred tax liability, net (15,605) Net assets acquired 57,768 Goodwill 134,451 Consideration transferred 192,219 ​ The useful life for the acquired technology and customer base is estimated to be 10 years. The trade receivables acquired comprise gross contractual amounts of €2.9 million, of which €0.9 million are expected to be uncollectible at the date of acquisition. The goodwill mainly reflects Atrium`s workforce and synergies to complement and extend Sportradar`s product suite and strategic growth. Goodwill is not expected to be deductible for tax purposes. The fair value of tangible and intangible assets and liabilities was based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows, appraisals and market comparables. The cash flows arising from the acquisition of Atrium during the year ended December 31, 2021 were as follows: ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2021 Cash consideration paid for acquisition of subsidiary (183,043) Cash acquired with the subsidiary 1,087 Net cash paid for acquisition (included in cash used in investing activities) (181,956) Transaction costs of the acquisition (included in cash from operating activities) (3,900) Net cash outflow on acquisition of subsidiary (185,856) ​ Since the acquisition, the revenue, net loss before tax and net loss amounts included in the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2021 are €19.1 million, €(15.5) million and €(15.2) million, respectively. If the acquisition had occurred on January 1, 2021, the pro forma consolidated revenue, net income before tax and net loss for year ended December 31, 2021 would have been €568.1 million, €1.2 million and €(9.8) million, respectively. This principally includes adjustments from the impact of the amortization of intangible assets and remuneration from the vesting of participation certificates. Acquisition of Interact Sport Pty Ltd. On June 9, 2021, the Company acquired 100% of the voting interest in Interact Sport Pty Ltd.(“Interact”) for cash consideration of €4.7 million. Interact is an Australian based sports data and technology company focused on cricket.As part of the purchase agreement, a deferred consideration payable of €0.4 million was determined to be withheld for the next 15 months as security for any possible claims. At the time of acquisition, if certain milestones stipulated in the purchase agreement are achieved, the seller and key employees will earn up to €3.0 million in earn-out compensation in 2022, 2023 and 2024, which will be paid in cash by the Company in the following year. The fair value of the cash payments will be recognized as remuneration over the earn-out period. Transaction costs of €0.2 million were incurred and included in other operating expenses for the year ended December 31, 2021. During the year ended December 31, 2023, the Company recognized €0.1 million as compensation related to achievement of certain milestones stipulated in the acquisition purchase agreement. During the year ended December 31, 2023, payments of €0.8 million were paid to the seller and key employees as earn-out compensation related to achievement of milestones earned during the year ended December 31, 2022. During the year ended December 31, 2022, payments of €1.3 million were paid to the seller and key employees as earn-out compensation related to achievement of milestones earned during the year ended December 31, 2021, in addition to payment for deferred consideration of €0.3 million. On December 30, 2023, the Company sold 100% of the voting interest in Interact Sport Pty Ltd. and its subsidiaries (refer to Note 29). The fair values of the identifiable assets and liabilities of Interact as of the date of acquisition are as follows: ​ ​ ​ ​ in €‘000 As of June 9, 2021 Customer base 793 Technology 966 Brand 73 Trade receivables 222 Contract assets and other assets 359 Cash 107 Current liabilities (435) Deferred tax liability, net (550) Net assets acquired 1,535 Goodwill 3,606 Consideration transferred 5,141 ​ The fair value of tangible and intangible assets and liabilities was based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows, appraisals and market comparables. The cash flows arising from the acquisition of Interact during the year ended December 31, 2021 were as follows: ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2021 Cash consideration paid for acquisition of subsidiary (4,671) Cash acquired with the subsidiary 107 Net cash paid for acquisition (included in cash used in investing activities) (4,564) Transaction costs of the acquisition (included in cash from operating activities) (154) Net cash outflow on acquisition of subsidiary (4,718) ​

Revenue from contracts with cus

Revenue from contracts with customers	12 Months Ended
	Dec. 31, 2023
Revenue from contracts with customers
Revenue from contracts with customers	Note 4. Revenue from contracts with customers Revenue arises from service contracts with customers. Sportradar’s main business is to provide sports data or audiovisual (“AV”) sports data feeds to its customers for their own use. Customers obtain access but not ownership rights to any sports data provided. Revenue for the Company’s major product groups consists of the following for the years ended December 31, 2023, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Betting data / Betting entertainment tools 278,157 237,043 214,034 Managed Betting Services (“MBS”) 175,862 135,895 79,966 Virtual Gaming 12,804 16,154 15,357 Rest of the World Betting revenue 466,823 389,092 309,357 Betting AV 182,196 160,522 140,162 Integrity services ​ 7,744 ​ 7,863 ​ 7,712 Other revenue 55,346 45,269 32,271 Rest of the World revenue 712,109 602,746 489,502 Media and advertising revenue 58,914 53,010 33,796 Betting data 50,629 29,737 15,150 Betting AV 19,173 10,963 5,166 Sports Solutions 36,796 33,732 17,588 United States revenue 165,512 127,442 71,700 Total Revenue 877,621 730,188 561,202 ​ Performance obligations and revenue recognition policies Revenue is measured based on the consideration specified in a contract with a customer. The Company recognizes revenue when it provides a service to a customer. Betting revenue: This includes betting data, betting entertainment tools, managed betting services, and virtual gaming. Betting data/Betting entertainment tools: For Betting data and Betting entertainment tools clients, a service is provided for an agreed number of matches, with sports data to be retrieved on demand over a contract period (referred to as the stand ready service). Customers also have the ability to select additional matches (“single match booking” or “SMB”) over and above the agreed upon package. The SMBs are a separate contract for distinct services sold at their stand-alone prices. The stand ready service is provided over a period of time. As the performance obligations and associated method of satisfaction measurement are substantially the same, the stand ready service represents a series. In general, there is one performance obligation for the series and therefore, revenue is recognized on a straight-line basis over the contract period. The data and service level commitments are generally consistent on a monthly basis over the term of the arrangement. As the service is provided evenly over the contract term, a straight-line measure of progress is appropriate for recognizing revenue. Revenue is recognized on a straight-line basis consistent with the entity’s efforts to fulfill the contract which are even throughout the period. In assessing the nature of the obligation, the Company considered all relevant facts and circumstances, including the timing of transfer of goods or services, and concluded that the entity’s efforts are expended evenly throughout the contract period. SMBs are provided on request from customers and result in separate contracts. The price for each match is determined on a stand-alone basis and revenue relating to SMBs is recognized at a point in time, which generally coincides with the performance of the actual matches. There are certain sport betting contracts with customers that incorporate a revenue share scheme. The Company receives a share of revenue based on the gaming revenue generated from the betting activity on the match. The revenue share gives rise to variable consideration for each match, which is initially constrained until the point in time when the customer generates gaming revenue. The revenue share is generated from live betting events and recognized at the point in time of the actual customer sale performance. The Company’s fee on the revenue share is recognized at the point of time the customer has itself generated gaming revenue from an individual bet, which is the difference between the bet and payout. Managed Betting Services (“MBS”): MBS includes Managed Trading Services (“MTS”) and Managed Sportsbook Services (“MSS) (formerly Managed Platform Services (“MPS”)). MTS revenue consists of the percentage of winnings and fees charged to clients if a “bet slip” is accepted. MSS revenue consists of platform set-up fees for Sportradar’s turnkey solution. MTS clients forward their proposed bets, known as “bet slips”, to the Company for consideration as to whether or not the bet is advisable. The Company has the ability to accept or decline this bet slip. If a bet slip is accepted, the Company will receive a share of the revenue or loss made by the client on the bet. MTS agreements typically specify an agreed minimum fee and revenue share percentage, and the actual fee is determined as the higher of the minimum fee and revenue share. The revenue share is based on gross or net gaming revenue. Gross gaming revenue is the total volume of stakes in excess of the total amount of payouts to betting customers. Net gaming revenue is gross gaming revenue less applicable taxes and other contractually agreed adjustments. Most MTS contracts also include a loss participation clause (i.e., in case the Gross/Net gaming revenue is negative). The Company is exposed to losses by the agreed loss participation percentage (typically the same percentage as the revenue share). Revenue is recognized monthly on the basis of actual performance (revenue share or minimum fee, if the revenue share is below agreed minimum fee). MSS is part of the Company’s MBS business and provides a complete turnkey solution (including platform set-up, maintenance and support). The platform set-up fee is recognized over the time the platform is built. Maintenance and support fees are recognized on a monthly basis or on the basis of actual performance for revenue share arrangements. Virtual gaming: For Virtual gaming, the Company receives income from a revenue share arrangement with clients in exchange for the provision of virtual sports data. The Company receives a share of revenue based on the income generated from the betting activity on the virtual game. The customer is not obliged to pay until it has itself generated income from the online betting activity. This results in variable consideration that is initially constrained and recognized on the basis of actual customer sale performance. Betting AV revenue: Betting audiovisual (AV) generates revenue from the sale of a live streaming solution for online, mobile and retail sport betting offers. The stand ready service is provided over a period of time. As the performance obligations and associated method of satisfaction measurement are substantially the same, the stand ready service represents a series. In general, there is one performance obligation for the series and, therefore, revenue is recognized on a straight-line basis over the contract term. Should the customer have demand that exceeds the level of performance in the contract, Sportradar provides this additional service level at the standalone market selling price. The additional obligation is satisfied, and the revenue recorded in the period of over performance. Integrity services revenue: Consists of monitoring, intelligence, education, and consultancy solutions for sports organizations, state authorities, and law enforcement agencies to support them in the fight against match-fixing and corruption. Revenue is primarily recognized on a straight-line basis over the contract term. Other revenue: This includes various revenue streams, amongst others the media and advertising revenue for rest of the world outside of the U.S. United States revenue: United States revenue primarily includes media revenue from application programming interfaces (“API”) whereby the Company offers extensive sports data from games worldwide. Customers can access both live and historical data via API products. Customer contracts include multiple sports and the products offered are accessible throughout the duration of the contract. The stand ready services represent one performance obligation performed over time. Revenue is recognized on a straight-line basis over the contract term. United States revenue also includes betting and betting AV revenue from U.S. sources. Sports Solutions revenue: Sports Solutions generate revenue from subscription based arrangements. The customer, either professional or college sports teams, purchases access to proprietary technology which links meaningful sports data and video clips to create visual statistics and analytics about players, teams, and specific games. Teams can sort and filter statistics and video clips in real time to better understand player and team strengths and weaknesses. Subscription is billed in advance for the entire service period, typically one year. Revenue is recognized equally over each month over the service period. Marketing and advertising revenue: The Company provides marketing solutions and technology including services for brands, rightsholders, betting and gaming operators and media companies. Customers generally agree to marketing commitments, either on a per campaign basis or for a fixed period commitment. Revenue is recognized at the point in time when the services are performed or equally over the contract term. Marketing services also include digital advertising services where the Company is buying advertising inventory and reselling inventory to its customers. Under these arrangements, the Company may act as either a principal or as an agent which may require judgement to determine if the nature of the Company’s obligation to the customer is to provide the specified goods or services, or to arrange for those goods or services to be provided by the other party. Transaction price considerations Variable consideration: Non-cash consideration: Allocation of transaction price to performance obligations: Price adjustments or discounts Certain costs to obtain or fulfill contracts IFRS 15 Revenue from contracts with customers Significant payment terms Stand ready services such as Betting data / Betting entertainment tools, and Betting AV are billed in advance periodically (typically monthly or quarterly). Other services such as MBS, Virtual gaming, Media and advertising are billed in arrears. Payment terms are typically net 10 days. Contract assets and liabilities The timing of revenue recognition may differ from the timing of invoicing to customers. These timing differences, and barter deals with sport rights licensors, result in contract assets or contract liabilities. Refer to Note 18 and Note 25 for further details.

Segmental information

Segmental information	12 Months Ended
	Dec. 31, 2023
Segmental information
Segmental information	Note 5. Segmental information The Company’s CEO is the CODM and monitors the operating results of its divisions separately for the purpose of making decisions about resource allocation and performance assessment. During the years ended December 31, 2023, 2022 and 2021, the Company has the following divisions which are its reportable segments. These divisions offer different services and are managed separately by region. Reportable segments Operations Rest of the World (“RoW”) Betting ​ Betting and gaming solutions RoW Betting AV ​ Live streaming solutions for online, mobile and retail sports betting United States ​ Betting and betting AV solutions, Sports Solutions, and marketing and advertising ​ All revenues included in the RoW Betting and RoW Betting AV segments are generated from customers outside the United States. All other segments revenue includes various revenue streams, amongst others, the Marketing services and Integrity services revenue for the rest of the world. No operating segments have been aggregated to form the above reportable operating segments. Information related to each reportable segment is set out below. Adjusted EBITDA is used to measure performance because management believes that this information is the most relevant in evaluating the results of the respective segments relative to other entities that operate in the same industry. Adjusted EBITDA represents earnings for the period from continuing operations adjusted for finance income and finance costs, income tax expense or benefit, depreciation and amortization (excluding amortization of sports rights), foreign currency gains or losses, and other items that are non-recurring or not related to the Company’s revenue-generating operations, including share-based compensation, impairment charges or income, management restructuring costs, non-routine litigation costs, share of loss of equity-accounted investee (SportTech AG), loss on disposal of equity-accounted investee (SportTech AG), remeasurement of previously held equity-accounted investee and professional fees for the Sarbanes Oxley Act of 2002 and enterprise resource planning implementations, and a one-time charitable donation for Ukrainian relief activities. Segment Adjusted EBITDA represents Adjusted EBITDA excluding unallocated corporate expenses. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2023 ​ ​ RoW ​ Total ​ ​ ​ RoW Betting United reportable All other ​ ​ in €‘000 ​ Betting AV ​ States segments ​ segments ​ Total Segment revenue 466,823 182,196 165,512 814,531 63,090 877,621 Segment Adjusted EBITDA 209,562 52,211 18,893 280,666 (6,328) 274,338 Amortization of sport rights (42,646) (65,042) (51,142) (158,830) (1,187) (160,017) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2022 ​ ​ RoW ​ Total ​ ​ ​ RoW Betting United reportable All other ​ in €‘000 Betting ​ AV ​ States ​ segments ​ segments ​ Total Segment revenue 389,092 160,522 127,442 677,056 53,132 730,188 Segment Adjusted EBITDA 182,439 46,494 (4,141) 224,792 (13,348) 211,444 Amortization of sport rights (40,093) (66,402) (33,705) (140,200) — (140,200) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2021 ​ ​ RoW ​ Total ​ ​ ​ ​ RoW ​ Betting ​ United ​ reportable ​ All other ​ ​ in €‘000 ​ Betting ​ AV ​ States ​ segments ​ segments ​ Total Segment revenue 309,357 140,162 71,700 521,219 39,983 561,202 Segment Adjusted EBITDA 176,987 39,246 (22,625) 193,608 (5,746) 187,862 Amortization of sport rights (16,101) (56,266) (21,946) (94,312) — (94,312) ​ Reconciliations of information on reportable segments to the amounts reported in the consolidated financial statements: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Segment Adjusted EBITDA 274,338 211,444 187,862 Finance income 12,848 5,250 5,297 Finance costs (33,731) (41,447) (32,540) Depreciation and amortization ​ (206,362) ​ (184,813) ​ (129,375) Amortization of sport rights 160,017 140,200 94,312 Foreign currency gains, net 23,205 26,690 5,437 Share-based compensation (39,712) (28,637) (15,431) Restructuring costs (8,005) (5,528) — Non-routine litigation costs — (19,045) — Share in loss of equity-accounted investee 2 (3,699) (3,985) — Loss on disposal of equity-accounted investee (13,604) — — Impairment loss on goodwill and intangible assets (9,854) — — Impairment (loss) income on other financial assets (202) 5 (5,889) Remeasurement of previously held equity-accounted investee — 7,698 — Professional fees for SOX and ERP implementations ​ (505) ​ (4,298) ​ — One time charitable donation for Ukrainian relief activities ​ — ​ (146) ​ — Unallocated corporate expenses 1 ​ (107,538) ​ (85,598) ​ (85,849) Net income before tax and discontinued operations 47,196 17,790 23,824 1 Unallocated corporate expenses primarily consist of salaries and wages for management, legal, human resources, finance, office, IT and other costs not allocated to the segments. 2 Represents non-cash losses unrelated to the Company’s core businesses and which management does not consider indicative of the Company’s ongoing operations because the equity-accounted investee, SportTech AG, operates on a business-to-consumer model as opposed to the Company’s core businesses that operate on a business-to-business model. Geographic information The geographic information analyzes the Company’s revenue and non-current assets by the Company’s country of domicile (Switzerland) and other countries. In presenting the geographic information, revenue has been based on the geographic billing location of customers and assets were based on the geographic location of the entity that holds the associated assets. Non-current assets exclude deferred tax assets and other financial assets. ​ ​ ​ ​ ​ ​ ​ ​ Revenue Years Ended December 31, in €‘000 2023 2022 2021 US ​ 144,185 ​ 123,677 ​ 67,093 Malta ​ 105,596 ​ 95,696 ​ 70,529 United Kingdom ​ 81,759 ​ 78,472 ​ 68,688 Switzerland ​ 9,152 ​ 10,822 ​ 7,397 Other countries 1 ​ 536,929 ​ 421,521 ​ 347,495 Total 877,621 730,188 561,202 ​ ​ ​ ​ ​ ​ Non-current assets As of December 31, in €‘000 2023 2022 Switzerland 1,307,794 499,715 Germany 59,535 61,051 United States 225,759 240,635 Other countries 1 183,351 152,132 Total 1,776,439 953,533 1 Major customer The Company did not have any individual customer that accounted for more than 10% of revenue during the years ended December 31, 2023, 2022 and 2021.

Purchased services and licenses

Purchased services and licenses	12 Months Ended
	Dec. 31, 2023
Purchased services and licenses
Purchased services and licenses	Note 6. Purchased services and licenses The following table represents purchased services and licenses: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Non-capitalized sport rights licenses ​ 42,668 ​ 42,259 ​ 48,324 Production costs ​ 40,742 ​ 40,249 ​ 17,188 Ads costs and operational fees ​ 32,049 ​ 27,665 ​ 9,861 Consultancy fees ​ 27,694 ​ 19,426 ​ 9,930 Data journalist and freelancer fees ​ 24,148 ​ 23,650 ​ 16,225 Variable service fees ​ 16,073 ​ 10,058 ​ 6,829 Cost of materials and goods ​ 13,682 ​ 3,207 ​ 213 Sales agents ​ 2,694 ​ 2,987 ​ 3,924 Other costs ​ 6,126 ​ 6,496 ​ 6,932 Total 205,876 175,997 119,426 ​

Other operating expenses

Other operating expenses	12 Months Ended
	Dec. 31, 2023
Other operating expenses
Other operating expenses	Note 7. Other operating expenses The following table represents operating expenses: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Legal and other consulting expenses 28,778 42,952 46,886 Software-as-a Service and similar rights 17,614 13,664 9,482 Travel expenses 8,742 6,524 1,803 Marketing expenses 7,830 7,798 5,341 Insurance 6,618 12,225 4,961 Office expenses 5,082 3,772 3,028 Telecommunication and IT expenses 4,994 4,652 12,523 Other external and administrative costs 9,785 4,304 3,284 Total 89,443 95,891 87,308 ​

Foreign currency gains (losses)

Foreign currency gains (losses), net	12 Months Ended
	Dec. 31, 2023
Foreign currency gains (losses), net
Foreign currency gains (losses), net	Note 8. Foreign currency gains (losses), net The following table represents foreign currency gains and losses, net: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Foreign currency gains 65,594 101,627 39,720 Foreign currency losses (42,389) (74,937) (34,283) Total 23,205 26,690 5,437 ​

Finance income

Finance income	12 Months Ended
	Dec. 31, 2023
Finance income
Finance income	Note 9. Finance income The following table represents finance income: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Interest income 7,683 5,250 5,179 Other finance income 5,165 — 118 Total 12,848 5,250 5,297 ​

Finance costs

Finance costs	12 Months Ended
	Dec. 31, 2023
Finance costs
Finance costs	Note 10. Finance costs The following table represents finance costs: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Interest expense Accrued interest on license fee payables 27,369 17,282 10,071 Interest on loans and borrowings 3,745 22,121 22,160 Other interest expense 337 634 93 Other finance costs ​ Other finance costs 2,280 1,410 216 Total 33,731 41,447 32,540 ​

Income taxes

Income taxes	12 Months Ended
	Dec. 31, 2023
Income taxes
Income taxes	Note 11. Income taxes The following income taxes are recognized in profit from continuing operations: ​ ​ ​ ​ ​ ​ ​ ​ Income taxes Years Ended December 31, in €‘000 2023 2022 2021 Current tax expense: Current year 9,251 11,540 12,564 Changes in estimates related to prior years (1,245) (187) 2,051 Deferred tax expense: ​ Origination and reversal of temporary differences 1,545 (9,354) 1,567 Tax write-down 3,000 5,300 — Recognition of previously unrecognized deferred tax assets — — (5,145) Income tax expense reported in profit from continuing operations 12,551 7,299 11,037 ​ In 2021, changes in estimates related to prior years was €2.1 million, primarily related to Norway. New income tax regulations for Switzerland in 2019: As of May 19, 2019, Switzerland approved a change in the Swiss Tax Code, which grants the cantons more freedom in their tax governance. In general, tax rates were lowered, but in the case of Sportradar, privileges for entities which obtain the majority of their revenue abroad are also abolished. Consequently, the effective tax rate for Sportradar increased from 9.0% to 14.5% as of January 1, 2020. Consequently, Sportradar applied the 14.5% rate in measuring its deferred tax assets/liabilities as of December 31, 2019. In addition, entities including Sportradar AG, which previously benefitted from the 9% rate due to their international activities, are deemed to dispose and reacquire their overseas operations free of tax. The uplift in value of these operations is then deductible for tax purposes over the next ten years (Tax-step up). Within Sportradar AG this tax-free step-up amount totals €1,948.0 million. This represents a deductible temporary difference as this is a tax basis for an asset which has no carrying value on the Company balance sheet. As of December 31, 2019, a deferred tax asset of €17.0 million was recognized based on the level of suitable taxable profits forecast over the next 10 years. In 2022, a write-down on the deferred tax asset in the amount of €5.3 million was recognized, given the expectation on the usage of the expected tax benefits in Switzerland were reduced. As of December 31, 2022 the deferred tax asset amounts to € 10.3 million. In 2023, a further write-down on the deferred tax asset in the amount of €3.0 million was recognized, given the expectation on the usage of the expected tax benefits in Switzerland were reduced. As of December 31, 2023 the deferred tax asset amount to € 7.3 million The reconciliation of the changes in the net deferred tax asset (liability) recognized in the consolidated statements of financial position: ​ ​ ​ ​ ​ ​ in €‘000 2023 2022 Net deferred tax asset as of January 1, 966 1,430 Additions from business combinations (340) (3,140) Recognized in other comprehensive income 130 (326) Recognized in profit from continuing operations (4,545) 4,054 Foreign currency translation adjustment (1,143) (1,052) Net deferred tax asset (liability) as of December 31, (4,932) 966 ​ The changes during the years ended December 31, 2023 and December 31, 2022 is primarily attributable to: additions due to the acquisition of Aforoa during the year ended December 31, 2023 (refer to Note 3), the impairment of intangible assets and the additional write-off of the tax step-up during the year ended December 31, 2023, and the acquisitions of Vaix, NSoft and Sportradar B.V. (formerly Ortec) during the year ended December 31, 222 (refer to Note 3). The deferred tax assets and (liabilities) relate to the following items: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2023 ​ 2022 ​ Consolidated ​ Consolidated ​ ​ statement of Consolidated statement of Consolidated ​ financial statement of financial statement of in €‘000 position profit or loss position profit or loss Other assets and prepayments 11,001 1,015 ​ 9,986 ​ 5,343 Intangible assets (31,261) (5,057) ​ (24,720) ​ (2,755) Trade and other payables 9,036 848 ​ 8,643 ​ 4,331 Tax loss carry-forward 4,843 230 ​ 4,612 ​ 3,068 Tax step-up (write-down) 7,300 (3,000) ​ 10,300 ​ (5,300) Other assets non-current (541) 5,401 ​ (5,941) ​ (822) Other (5,310) (3,982) ​ (1,914) ​ 189 Deferred tax income (expense) ​ (4,545) 4,054 Net deferred tax asset (liability) (4,932) ​ 966 Reflected in the consolidated statements of financial position as follows: ​ Deferred tax assets 16,383 ​ 27,014 Deferred tax liabilities (21,315) ​ (26,048) Deferred tax asset (liability), net (4,932) ​ 966 ​ The applicable tax rate for the tax expense reconciliation below is taken from the income tax rate for the holding entity Sportradar Group AG at 14.3%, 14.4% and 14.5% for the years ended December 31, 2023, 2022 and 2021, respectively. The differences between the income tax expense calculated by the applicable tax rate and the effective income tax are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 ​ Net income before tax 47,196 17,790 23,824 ​ Applicable tax rate 14.3 % 14.4 % 14.5 % Tax expense applying the Company tax rate (6,744) (2,562) (3,454) ​ Effect of tax losses and tax offsets not recognized as deferred tax assets (2,276) 1,134 (6,327) ​ Effect on recognition of deferred tax assets, on previous unused tax losses and tax offsets — — 5,145 ​ Changes in estimates related to prior years 1,245 187 (2,051) ​ Effect of non-deductible expenses (1,337) (3,020) (4,132) ​ Effect of non-taxable remeasurement of previously held equity-accounted investee ​ — ​ 1,116 ​ — ​ Effect of difference to the Company tax rate 517 854 555 ​ Other effects (956) 292 (773) ​ Tax write-down (3,000) (5,300) — ​ Income tax expense (12,551) (7,299) (11,037) ​ Effective tax rate 26.6 % 41.0 % 46.3 % ​ For the year ended December 31, 2021, the effect of tax losses relates mainly to losses in Sportradar Capital S.à.r.l , Sportradar Group AG and Atrium Sports Inc. not recognized as deferred tax assets. For the year ended December 31, 2022, the effect of tax losses primarily relates to gains in the Luxembourg entity and Sportradar Group AG in which unused tax losses are yet to be recognized. The effect of tax losses is partially offset by losses attributable to Atrium not recognized as deferred tax assets. For the year ended December 31, 2023, the effect of tax losses relates mainly to losses Atrium Sports Inc. not recognized as deferred tax assets, which is partially offset gains in other entities. Effect on recognition of deferred tax assets, on previously unused tax losses and tax offsets during the years ended December 31, 2021 are mainly due to the estimation that accumulated losses from Sportradar US LLC are partly recoverable. For the year ended December 31, 2021, the changes in estimates related to prior years mainly relate to prior year tax expenses expected from an ongoing tax litigation in Norway. For the years ended December 31, 2023, the changes in estimates related to prior years mainly relate to an expected tax refund which is connected to the prior tax litigation in Norway. Effect of non-deductible expenses for the year ended December 31 2021 and 2022 were the share - based compensation relating to the MPP share awards and awards granted to the sellers of Atrium and the participation certificates issued to a director of the Company, which are non-tax deductible. In 2022 the remeasurement of previously held equity-accounted investee is non-taxable. The periods in which the tax loss carryforwards that are not recognized as deferred tax assets may be used are as follows: ​ ​ ​ ​ ​ ​ Periods in which tax loss carry-forwards not recognized as deferred tax assets may be used As of December 31, in €‘000 2023 2022 Unlimited 105,143 102,450 will expire within 5 years 2,470,875 18,508 will expire thereafter ​ 25,295 ​ 2,575,052 Tax loss carry-forward 2,601,313 2,696,010 ​ The majority of the non-recognized tax loss-carry forwards relates to Sportradar Group AG, Atrium, and Sportradar Americas Inc, where part of the accumulated tax losses is not expected to be recoverable. The €2.1 billion tax losses not recognized as deferred tax assets in the year ended December 31, 2021 (revalued as €2.5 billion for the year ended December 31, 2023) relate to Sportradar Group AG and the partially written off investment in Sportradar Holding AG and Slam InvestCo S.à r.l. in statutory accounts as a result of a decline in the Company’s share price compared to the Company’s share price on the date of the IPO.

Earnings per share (EPS)

Earnings per share (EPS)	12 Months Ended
	Dec. 31, 2023
Earnings per share (EPS)
Earnings per share (EPS)	Note 12. Earnings per share (EPS) Basic earnings available to ordinary shareholders per share is computed based on the weighted average number of ordinary shares outstanding during the period, net of weighted average number of treasury shares held during the period. Exercisable warrants with an exercise price for little to no consideration are included in basic EPS. Diluted earnings per share reflects potential dilution that could occur if securities or other contracts to issue Class A shares were issued but not securities that are anti-dilutive. RSUs, options and warrants with time-based only service requirements are considered outstanding for dilutive EPS until the earlier of vest date or forfeiture date. The historical weighted average number of ordinary shares outstanding for the year ended December 31, 2021 were recalculated by using an exchange ratio. Class A and Class B shareholders are entitled to dividends based on the nominal value of the ordinary shares. As the Class B shares have lower nominal value, the shares are entitled to 1/10 The following table reflects the share data used for the weighted-average number of Class A shares (basic): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in thousands of shares 2023 2022 2021 Issued Class A shares as of January 1 206,849 206,572 177,627 Effect of Class A shares issued ​ 346 ​ 222 ​ 7,890 Effect of options and warrants exercised or exercisable 519 — 19 Effect of treasury shares held (197) (246) — Effect of shares issued related to a business combination — — 1,133 Weighted-average number of Class A shares as of December 31 (basic) 207,517 206,548 186,670 ​ The following table reflects the share data used for the weighted-average number of Class A shares (diluted): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in thousands of shares 2023 2022 2021 Weighted-average number of Class A shares as of December 31 (basic) 207,517 206,548 186,670 Effect of unvested RSUs, options, and warrants 19,129 15,619 2,003 Weighted-average number of Class A shares as of December 31 (diluted) 226,646 222,167 188,673 ​ The following table reflects the share data used for the weighted-average number of Class B shares (basic and diluted): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in thousands of shares 2023 2022 2021 Issued Class B shares as of January 1 903,671 903,671 903,671 Weighted-average number of Class B shares as of December 31 (basic and diluted) 903,671 903,671 903,671 ​ The following tables reflect the income data used in the basic and diluted EPS calculations for profit attributable to owners of the Company: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Profit attributable to Class A shares owners 24,152 ​ 7,580 ​ 8,744 Profit attributable to Class B shares owners 10,503 ​ 3,311 ​ 3,825 Profit attributable to owners of the Company 34,655 ​ 10,891 ​ 12,569 ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ ​ 2023 2022 2021 Basic EPS from profit attributable to Class A shares owners ​ 0.12 ​ 0.04 ​ 0.05 Diluted EPS from profit attributable to Class A shares owners ​ 0.11 ​ 0.03 ​ 0.05 Basic and diluted EPS from profit attributable to Class B shares owners ​ 0.01 ​ 0.00 ​ 0.00 ​ The following tables reflect the income data used in the basic and diluted EPS calculations for loss from discontinued operations attributable to owners of the Company for the years presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Loss from discontinued operations attributable to Class A shares owners (524) — — Loss from discontinued operations attributable to Class B shares owners (227) — — Loss from discontinued operations attributable to owners of the Company (751) — — ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ ​ 2023 2022 2021 Basic EPS from discontinued operations attributable to Class A shares owners (0.00) — — Diluted EPS from discontinued operations attributable to Class A shares owners (0.00) — — Basic and diluted EPS from discontinued operations attributable to Class B shares owners (0.00) — — ​ The following tables reflect the income data used in the basic and diluted EPS calculations for profit from continuing operations attributable to owners of the Company for the years presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Profit for the year from continuing operations attributable to Class A shares owners ​ 24,675 ​ 7,580 ​ 8,744 Profit for the year from continuing operations attributable to Class B shares owners 10,731 3,311 3,825 Profit for the year from continuing operations attributable to owners of the Company 35,406 10,891 12,569 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2023 2022 2021 Basic EPS from profit for the year from continuing operations attributable to Class A shares owners ​ 0.12 ​ 0.04 ​ 0.05 Diluted EPS from profit for the year from continuing operations attributable to Class A shares owners 0.11 0.03 0.05 Basic and diluted EPS from profit for the year from continuing operations attributable to Class B shares owners 0.01 0.00 0.00 ​

Intangible assets and goodwill

Intangible assets and goodwill	12 Months Ended
	Dec. 31, 2023
Intangible assets and goodwill
Intangible assets and goodwill	Note 13. Intangible assets and goodwill ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Internally- ​ ​ Cost ​ Brand ​ Customer ​ ​ ​ ​ ​ developed ​ ​ ​ ​ in €‘000 ​ name ​ base ​ Licenses ​ Technology ​ software ​ Goodwill ​ Total Balance as of January 1, 2022 8,993 68,273 690,345 83,445 48,126 258,993 1,158,175 Additions — — 93,346 8,915 17,730 — 119,991 Additions through acquisitions (Note 3) 3,901 6,721 61 17,469 — 49,316 77,468 Disposals — — (42,186) (5,800) (1,291) — (49,277) Disposal due to reduction in service potential — — (646) — — — (646) Translation adjustments 283 976 706 3,572 374 7,505 13,416 Balance as of December 31, 2022 13,177 75,970 741,626 107,601 64,939 315,814 1,319,127 Additions — — 1,023,457 6,324 28,301 — 1,058,082 Additions through acquisitions — — — 2,718 — 4,236 6,954 Disposals ​ (71) ​ (776) ​ (226,020) ​ (3,000) ​ (5,170) ​ — ​ (235,037) Disposal due to reduction in service potential ​ — ​ — ​ (4,077) ​ — ​ — ​ — ​ (4,077) Translation adjustments ​ (78) ​ (619) ​ (127) ​ (2,258) ​ (1,545) ​ (5,652) ​ (10,279) Balance as of December 31, 2023 ​ 13,028 ​ 74,575 ​ 1,534,859 ​ 111,385 ​ 86,525 ​ 314,398 ​ 2,134,770 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated amortization and impairment €‘000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of January 1, 2022 (6,442) (28,206) (265,136) (18,821) (20,257) (10,841) (349,703) Amortization (1,039) (6,543) (144,065) 1 (13,402) (7,782) — (172,831) Disposals — — 42,186 5,800 1,290 — 49,276 Translation adjustments (228) (224) (390) (21) (390) (984) (2,237) Balance as of December 31, 2022 (7,709) (34,973) (367,405) (26,444) (27,139) (11,825) (475,495) Amortization (1,246) (6,664) (161,279) 1 (13,728) (8,849) — (191,766) Impairment (Note 13.1) (311) (1,142) — (1,908) — (6,493) (9,854) Disposals 71 ​ 776 ​ 227,800 ​ 3,000 ​ 5,170 ​ — ​ 236,817 Translation adjustments 60 144 569 864 901 321 2,859 Balance as of December 31, 2023 (9,135) ​ (41,859) ​ (300,315) ​ (38,216) ​ (29,917) ​ (17,997) ​ (437,439) Carrying amount As of December 31, 2022 5,468 40,997 374,221 81,157 37,800 303,989 843,632 As of December 31, 2023 3,893 32,716 1,234,544 73,169 56,608 296,401 1,697,331 1 Includes € 160.0 million and € 140.2 million of sport rights amortization for the years ended December 31, 2023 and 2022, respectively. Brand name As of December 31, 2023 and 2022, brand names with a carrying amount of €0.9 million, have indefinite useful lives. These are classified as intangible assets with indefinite useful lives based on an analysis of the product life cycles and other relevant factors indicating that the future positive cash flows are expected to be generated for an indefinite period of time. Internally-developed software During the years ended December 31, 2023,2022 and 2021, the Company capitalized internally-developed software costs of €28.3 million, €17.7 million and €11.8 million, respectively, which are shown separately on the consolidated statements of profit or loss and other comprehensive income in the following line items: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Personnel expenses 21,773 15,560 11,592 Purchases services and licenses (excluding depreciation and amortization) 6,528 2,170 202 Internally-developed software cost capitalized 28,301 17,730 11,794 ​ Licenses As of December 31, 2023 and 2022, additions to licenses in the amount of €882.2 million and €78.6 million, respectively, were unpaid and recognized as liabilities. Further, additions of €46.0 million and €4.9 million as of December 31, 2023 and 2022, respectively, relate to barter transactions. As of December 31, 2023, additions of €87.3 million relate to a recognized asset resulting from granted equity instruments and a warrant to a licensor. There were no additions resulting from granted equity instruments for the year ended December 31, 2022. During the years ended December 31, 2023, 2022 and 2021, the Company settled €143.1 million, €117.7 million and €82.2 million, respectively, of prior years’ liabilities related to the acquisition of intangible assets. During the years ended December 31, 2023, 2022 and 2021, the cash outflows for acquisitions of intangible assets amounted to €185.5 million, €154.3 million and €124.9 million, respectively. The three largest sport rights included within licenses have net book values of €584.9 million, €194.5 million and €144.1 million and constitute 75% of the balance as of December 31, 2023. The remaining useful lives are eight years, nine years and six years, respectively. 13.1 Impairment test Goodwill For the purpose of impairment testing, goodwill acquired through business combinations is allocated to a cash generating unit (“CGU”) that is expected to benefit from the synergies of the combination and represents the lowest level within the Company at which goodwill is monitored for internal management purposes and which is not higher than the Company’s operating segments. Allocation of the carrying amount of goodwill to the respective CGUs and the key assumptions used in estimation of the recoverable amount are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill per CGU RoW RoW RoW United in €‘000 ​ Betting ​ Betting AV ​ Other ​ States Goodwill as of January 1, 2022 29,452 106,296 17,504 94,900 ​ Acquisition 46,237 — 3,079 — ​ Foreign currency translation effect (1,793) 3,875 (56) 4,495 ​ Goodwill as of December 31, 2022 73,896 110,171 20,527 99,395 ​ Acquisition 4,236 — — — ​ Impairment ​ — ​ — ​ (6,493) ​ — ​ Foreign currency translation effect 424 (2,463) (140) (3,152) ​ Goodwill as of December 31, 2023 78,556 107,708 13,894 96,243 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Key assumptions used ​ For 2022: ​ Terminal value growth rate 2.0 % 2.0 % 2.0 % 2.0 % Budgeted EBITDA margin 1 38.5 % 14.6 % 22.7 % 26.7 % Discount rate —WACC (before taxes) 12.2 % 12.1 % 13.7 % 15.1 % For 2023: ​ Terminal value growth rate 2.0 % 2.0 % 2.0 % 2.0 % Budgeted EBITDA margin 1 33.6 % 13.1 % 12.5 % 25.0 % Discount rate —WACC (before taxes) 13.2 % 13.2 % 15.7 % 15.7 % 1 The budgeted EBITDA margin for the RoW Betting CGUs represents an average margin, whereas the budgeted EBITDA margin for the RoW Other and United States CGUs represents the assumption for the last year of the budget period. An impairment is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of its value in use and its fair value less costs to sell. Management determines the recoverable amount of a CGU on the basis of its value in use. For each of the years presented in these consolidated financial statements, management assessed with careful consideration the recoverable amount of the CGUs. In 2023, an impairment test performed for RoW Other cash generating unit resulted in a goodwill impairment charge. As the carrying amount of the CGU Other was €39.0 million, which was determined to be higher than its recoverable amount and an impairment loss related to goodwill of €6.5 million was recognized in the consolidated statement of profit or loss and other comprehensive income during the year ended December 31, 2023. The impairment was related to the impact of changes related to the Company’s business strategies. As of December 31, 2023, no impairment of goodwill was identified for the RoW Betting, RoW AV or United States CGUs, as the recoverable value of the CGUs exceeded the carrying value. As of December 31, 2022, Sensitivity analyses of reasonably possible changes in the underlying assumptions for the CGUs are as follows: ● 0% terminal value growth rate; ● 2% decrease in sustainable EBITDA margin ● 1% increase in discount rate ● 1% decrease in discount rate in combination with another change in underlying assumption None of these sensitivity analyses in isolation or in combination indicated the RoW Betting, RoW AV and United States CGU’s recoverable amount would fall below their carrying amount in either in 2023 or 2022. If the sustainable EBITDA margin and discount rate assumptions used in the impairment test for RoW Other CGU as of December 31, 2023 were changed to a greater extent than as indicated above, the changes would, in isolation and in combination, lead to a further impairment loss being recognized for the year ended December 31, 2023 in the amounts as follows: ​ ​ ​ ​ ​ ​ Further in €‘000 impairment Decrease terminal value growth rate to 0% ​ (4,511) Decrease sustainable EBITDA margin by 2% ​ (14,041) Increase discount rate by 1% ​ (5,147) Decrease discount rate by 1% and decrease sustainable EBITDA margin by 2% ​ (9,765) ​ None of these sensitivity analyses in isolation or in combination indicated the RoW Other’s recoverable amount would fall below its carrying amount in 2022. Other intangible assets In 2023, the Company committed to a plan to retain and divest certain elements of Interact Sport Pty Ltd. and its subsidiaries (together, “Interact”) following a strategic review. Interact was a business acquired in 2021. As a result of this strategic review, management performed an impairment assessment of the assets held by Interact. The carrying value of the assets held by Interact which were divested were a customer base of €0.7 million, technology of €0.5 million and a brand name of €0.1 million. As a result, the intangible assets related to the Interact business were fully impaired by €1.2 million, which is recognized as impairment on intangible assets on the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2023. In 2023, the Company committed to ramp-down business activities related to Sportradar B.V. (formerly Ortec Sports B.V.), which was acquired in 2022, following a strategic review. As a result of this strategic review, management performed an impairment assessment of the assets held by Sportradar B.V. The carrying value of the assets held by Sportradar B.V. which were ramped-down consisted of technology of €1.4 million, a customer base of €0.5 million and a brand name of €0.2 million. As a result, these assets were fully impaired by €2.2 million, which is recognized as impairment on intangible assets on the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2023. The changes in business strategy related to Interact and Sportradar B.V. impacted the recoverable amount of CGU Other RoW, which had a goodwill impairment charge of €6.5 million recognized in the consolidated statement of profit or loss and other comprehensive income during the year ended December 31, 2023 as described above. There was not any indication of impairment other intangible assets in 2023. In 2022 and 2021, the Company assessed whether there is any indication that other intangible assets may be impaired, considering external and internal sources of information and concluded that no indicators of impairment were identified.

Property and equipment

Property and equipment	12 Months Ended
	Dec. 31, 2023
Property and equipment
Property and equipment	Note 14. Property and equipment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other ​ ​ Cost ​ Office ​ facilities and ​ Work in ​ ​ in €‘000 ​ buildings ​ equipment ​ progress ​ Total Balance as of January 1, 2022 43,724 28,347 19 72,090 Additions 2,652 8,030 436 11,118 Additions through business combinations 1,288 1,319 18 2,625 Transfers in/(out) ​ 19 ​ — ​ (19) ​ — Disposals (307) (78) — (385) Translation adjustments 490 594 19 1,103 Balance as of December 31, 2022 47,866 38,212 473 86,551 Additions 40,693 9,621 1,020 51,334 Additions through business combinations — 6 — 6 Transfers in/(out) ​ 302 ​ 774 ​ (1,076) ​ — Disposals (3,440) (388) — (3,828) Translation adjustments (682) (631) 15 (1,298) Balance as of December 31, 2023 84,739 47,594 432 132,765 ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated depreciation ​ ​ ​ ​ ​ ​ ​ ​ in €‘000 ​ ​ ​ ​ ​ ​ ​ ​ Balance as of January 1, 2022 (18,505) (17,662) — (36,167) Depreciation (6,672) (5,310) — (11,982) Disposals 307 78 — 385 Translation adjustments 372 (1,272) — (900) Balance as of December 31, 2022 (24,498) (24,166) — (48,664) Depreciation (8,107) (6,489) — (14,596) Disposals 2,129 388 — 2,517 Translation adjustments 396 344 — 740 Balance as of December 31, 2023 (30,080) (29,923) — (60,003) ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount As of December 31, 2022 23,368 14,046 473 37,887 As of December 31, 2023 54,659 17,671 432 72,762 ​

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Leases
Leases	Note 15. Leases The Company has entered into various lease agreements. With the exception of short-term leases and leases of low-value underlying assets, each lease is reflected on the balance sheet as right-of-use asset and a lease liability. The Company classifies its right-of-use assets in a consistent manner to its property and equipment. Rights-of-use assets and lease liabilities are presented in the consolidated statements of financial position as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 Right-of-use assets – Property and equipment ​ ​ Buildings 51,394 20,409 Other facilities and equipment 318 259 Lease liabilities – Loans and borrowings Current 9,537 7,302 Non-current 40,414 14,712 ​ Generally, the office building lease contracts have fixed payments. Leases are either non-cancellable or may be cancelled by incurring a substantive termination fee. Further, the Company is prohibited from selling or pledging the underlying leased assets as security. For leases over office buildings the Company must keep those properties in a good state of repair and return the properties in their original condition at the end of the lease. Information about leases for which the Company is a lessee is presented below. 15.1 Right-of-use assets Additional information on the significant right of use assets by class of assets and the movements during the period are as follows: ​ ​ ​ ​ ​ ​ ​ Office buildings in €‘000 2023 2022 Balance as of January 1, 20,409 22,905 Depreciation charge for the year (7,181) (5,913) Additions 39,727 3,113 Derecognition due to lease termination (1,311) (19) Foreign currency effects (250) 323 Balance as of December 31, 51,394 20,409 ​ 15.2 Lease liabilities Set out below are the carrying amounts of lease liabilities and the movements during the period: ​ ​ ​ ​ ​ ​ in €‘000 2023 2022 Balance as of January 1, 22,014 23,898 Additions to lease liabilities 38,209 2,609 Accretion of interest 1,149 661 Interest paid (1,149) (661) Payments (7,983) (5,958) Additions from business combinations — 867 Rent concessions (30) (38) Derecognition due to lease termination (1,323) (16) Foreign currency effects (936) 652 Balance as of December 31, 49,951 22,014 Current 9,537 7,302 Non-current 40,414 14,712 ​ The maturity analysis of lease liabilities is disclosed in Note 26. 15.3 Amounts recognized in the consolidated statements of profit or loss ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Interest on lease liabilities 1,149 661 324 Depreciation 7,181 5,913 5,569 Income from sub-leasing right-of-use assets (14) — (33) Expenses relating to short-term leases 1 938 682 547 Expenses relating to low-value assets 1 3 — 8 Rent concessions (30) (38) (59) Total amount recognized in profit from continuing operations 9,227 7,218 6,356 1 The Company has elected not to recognize a lease liability for short term leases (leases with an expected term of 12 months or less) or for leases of low value assets. Payments made under such leases are expensed on a straight-line basis. 15.4 Amounts recognized in the consolidated statements of cash flows Total cash outflow for leases for the years ended December 31, 2023, 2022 and 2021 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Operating activities - cash outflow for leases -Short-term and low-value lease payments 938 682 555 -Interest paid on lease liabilities 1,149 661 324 Financing activities – Principal payment on lease liabilities 7,983 5,958 7,118 Total cash outflow for leases 10,070 7,301 7,997 ​ 15.5 Extension options Some leases over office buildings contain extension options exercisable by the Company. Where practicable, the Company seeks to include extension options in new leases to provide operational flexibility. Most of the extension options held are exercisable only by the Company. The Company assesses at lease commencement date whether it is reasonably certain to exercise the extension options. The Company reassesses whether it is reasonably certain to exercise the options if there is a significant event or significant changes in circumstances within its control.

Equity-accounted investees

Equity-accounted investees	12 Months Ended
	Dec. 31, 2023
Equity-accounted investees
Equity-accounted investees	Note 16. Equity-accounted investees 16.1 NSoft Group Prior to April 28 2022, the Company held 40% of the shares of NSoft (consisting of NSoft, STARK Solutions d.o.o. and N-Soft Solutions d.o.o.). On April 29, 2022, the Company acquired an additional 30% of the shares in NSoft, increasing its ownership to 70%. Following this transaction, the members of NSoft became consolidated subsidiaries of the Company (refer to Note 3). During the year ended December 31, 2022, the Company recognized a share of loss of equity-accounted investee of €0.1 million in its consolidated statement of profit and loss and other comprehensive income. 16.2 Bayes Esports In the fourth quarter of 2018, Bayes Esports Solutions GmbH (“Bayes Esports”), Berlin, Germany, was founded by Dojo Madness GmbH, Berlin, and Sportradar. Started in 2019, Bayes Esports focuses on e-sports data services. This investment is classified as an associate and as of December 31, 2019, the Company holds a 45% equity ownership with voting rights. In 2020, the Company’s equity interest in Bayes Esports was diluted by 2.4%, as a result of an additional equity contribution of €1.3 million by Dojo Madness. As of December 31, 2020, the Company held a 42.6% equity ownership in Bayes Esports. No changes in ownership occurred during 2021, 2022, or 2023. Since 2021, the Company ceased to recognize its share of investee’s losses once it has reduced its investment to zero. ​ 16.3 SportTech AG In December 2021, SportTech AG (“SportTech), a Swiss holding company, was founded by Ringier AG (“Ringier”), Sports Digital Ventures Ltd and Sportradar to pursue sport betting and related activities in emerging markets in Africa. On August 4, 2022, Ringier, Sportradar and two minority shareholders completed a transaction pursuant to which (i) Ringier contributed all the shares in Pulse Africa Holding AG (“Pulse”), (ii) Sportradar contributed all shares in BetTech based on an enterprise value of €10.0 million, as well as certain cash payments totalling €27.9 million, and (iii) the minority shareholders contributed cash into SportTech. In order for Sportradar to contribute BetTech to SportTech, immediately prior to the contribution, Sportradar acquired 100% of the shares in BetTech from Carsten Koerl, the Company’s Chief Executive Officer, and minority shareholders (see Note 3). Sportradar’s acquisition of BetTech was an acquisition under common control and a related party transaction (see Note 28). The Company’s acquisition of BetTech and subsequent contribution to SportTech, and Ringier’s contribution of Pulse to SportTech were simultaneously completed on August 4, 2022. The Company recorded a €3.0 million gain upon contribution of BetTech as part of additional paid-in capital for the year ended December 31, 2022. The Company’s investment in SportTech was classified as an investment in associate. As of December 31, 2022, the Company held a 49% equity ownership with voting rights in SportTech and Ringier and the minority shareholders held the remaining 51% ownership of SportTech. The following table summarizes the financial information of SportTech as included in its own financial statements, adjusted for fair value adjustments at acquisition and differences in accounting policies. The table also reconciles the summarized financial information to the carrying amount of the Company’s interest in SportTech. The information in the table represents the period from August 4, 2022 to December 31, 2022 because August 4, 2022 is the date on which Sportradar and Ringer completed their respective contributions to SportTech. ​ ​ ​ ​ ​ ​ ​ As of December 31, As of August 4, in €‘000 ​ 2022 ​ 2022 Current assets, including cash and cash equivalents 13,314 ​ 17,247 Non-current assets 1,970 ​ 1,925 Brand name 11,945 ​ 12,649 Technology 7,760 ​ 8,591 Goodwill 40,379 ​ 41,323 Liabilities (3,351) ​ (1,363) Deferred tax liabilities (2,858) ​ (3,080) Net assets (100%) ​ 69,159 ​ 77,292 Sportradar’s share net assets (49%) ​ 33,888 ​ 37,873 Carrying amount of investment in associate ​ 33,888 ​ 37,873 Revenue (100%) ​ 1,514 ​ ​ Loss from operations (100%) ​ (8,133) ​ ​ Sportradar’s share of loss from operations (49%) ​ (3,985) ​ ​ On May 31, 2023, the Company sold its 49% interest in SportTech to the majority shareholder, Ringier. The following table summarizes the Company’s carrying amount of its interest in SportTech as included in its own financial statements, adjusted for fair value adjustments at acquisition and differences in accounting policies for the period from January 1, 2023 to May 31, 2023. ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, Carrying amount of investment in associate as of January 1, 2023 33,888 Revenue (100%) 1,215 Loss from operations (100%) (7,549) Sportradar’s share of loss from operations (49%) (3,699) Carrying amount of investment in associate as of May 31, 2023 30,189 ​ Upon disposing of its investment in SportTech, the Company received a cash payment of €15.2 million from Ringier which is included as proceeds from disposal of equity-accounted investee in investing activities in the consolidated statement of cash flows for the year ended December 31, 2023. Additionally, BetTech became a wholly-owned subsidiary of the Company as a result of the disposal of the investment in SportTech. The disposal of the Company’s investment in SportTech and distributions from Ringier are related party transactions (refer to Note 28). The difference between the carrying amount of the investment on May 31, 2023 and the fair value of proceeds received resulted in a loss on disposal of equity-accounted investee in the amount of €13.6 million, recognized in the statement of profit or loss and other comprehensive income for the year ended December 31, 2023. As part of the disposal of the investment, the Board of Directors simultaneously approved a plan to sell BetTech. BetTech was classified as disposal group held for sale until the date it was sold. The loss from discontinued operations of €0.8 million recognized in the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2023 relates to the results of BetTech during the time BetTech was a subsidiary of the Company. BetTech was sold to a third party on November 30, 2023 and is no longer a subsidiary of the Company as of December 31, 2023 (refer to Note 29). 16.4 Impairment The Company reviews the carrying amount of its investments in equity-accounted investees for impairment whenever events or changes in circumstances indicate the carrying amount may not be recoverable. For the years ended December 31, 2023, 2022 and 2021, the Company did not identify any impairment triggers or impairment reversals for Bayes, NSoft or SportTech during the periods these investments were accounted for under the equity-method of accounting.

Other financial assets and othe

Other financial assets and other non-current assets	12 Months Ended
	Dec. 31, 2023
Other financial assets and other non-current assets
Other financial assets and other non-current assets	Note 17. Other financial assets and other non-current assets The following table represents the composition of other financial assets and other non-current assets: ​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 Loans receivable (net of expected credit loss) 1,354 1,473 Deposits 2,150 1,650 Equity investments 6,346 2,820 Other financial assets 1,956 3,198 Prepayment non-current — 35,304 Total 11,806 44,445 ​ Loans receivable (net of expected credit loss) The following table displays the composition and movements of loans receivable: ​ ​ ​ ​ ​ ​ ​ ​ Composition and movements of loan receivables ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ ​ ​ ​ in €‘000 non-current Loans current Total Balance as of January 1, 2022 1,201 567 1,768 Collection of loans receivable — (208) (208) Interest 272 18 290 Income ​ — ​ 5 ​ 5 Others — (23) (23) Balance as of December 31, 2022 1,473 359 1,832 Issuance loans receivable ​ — ​ 935 ​ 935 Write-off loans receivable ​ — ​ (935) ​ (935) Collection of loans receivable ​ — ​ (41) ​ (41) Interest ​ — ​ — ​ — Income ​ — ​ — ​ — Others ​ (119) ​ (8) ​ (127) Balance as of December 31, 2023 1,354 ​ 310 ​ 1,664 ​ The provision for Expected Credit Losses (“ECLs”) for loans receivable as of December 31, 2023 and 2022 is €14.3 million. Equity investments On August 9, 2021, the Company acquired a 14.4% stake in Gameradar (Hainan) Technology Co., Ltd.(“Gameradar”). The Company classified the investment as an equity investment, rather than investment in associate because the Company did not have the power to participate in financial and operating policy decisions of Gameradar. The Company designated the investment at fair value through other comprehensive income (“FVOCI") because it represents investment that the Company intends to hold long term for strategic purposes. The Company’s investment in Gameradar totaled a fair value of €2.7 million and €2.8 million as of December 31, 2023 and 2022, respectively, and was categorized as Level 3 (see Note 26). This was because the shares were not listed on an exchange and there were no recent observable arm’s length transactions in the shares. On March 24, 2023, Sportradar Solutions, LLC, a wholly-owned subsidiary of the Company, acquired 18.7% of the outstanding membership interests in a company located in the United States which intends to utilize artificial intelligence technologies in content creation and fan engagement in the sports industry for cash consideration of €3.7 million. Management classified the investment as an equity investment, rather than investment in associate because the Company did not have significant influence over the financial and operating policy decisions. The Company designated the investment at FVOCI because it represents an investment that the Company intends to hold long term for strategic purposes. The Company’s investment totaled a fair value of €3.6 million as at December 31, 2023. The fair value of this investment was categorized as Level 3 as of December 31, 2023 (see Note 26). This was because the common units were not listed on an exchange and there were no recent observable arm’s length transactions in the common units. Prepayment non-current On November 16, 2021, the Company entered into an eight-year exclusive binding partnership arrangement (the “NBA Partnership Agreement”) with the National Basketball Association (the “NBA”) and recognized 20% of the immediately vested warrants at the grant date as non-current prepayment with the corresponding increase in equity in amount of €35.3 million. The license commenced on October 1, 2023, at which date these warrants were remeasured at a fair value of €87.3 million and recognized as an intangible asset. Refer to Note 31.

Trade receivables and contract

Trade receivables and contract assets	12 Months Ended
	Dec. 31, 2023
Trade receivables and contract assets
Trade receivables and contract assets	Note 18. Trade receivables and contract assets The following table represents the composition of trade receivables: ​ ​ ​ ​ ​ ​ Trade receivables As of December 31, in €‘000 ​ 2023 2022 Trade receivables 80,861 68,931 Trade receivable from associates — — Allowance for expected credit losses (9,615) (5,519) Total 71,246 63,412 ​ ​ The following table represents the composition of contract assets: ​ ​ ​ ​ ​ Contract assets ​ As of December 31, in €‘000 2023 2022 Contract assets 61,220 50,583 Allowance for expected credit losses (351) (101) Total 60,869 50,482 ​ The increase in the contract assets is related to the larger amount of services rendered to customers. The movement in the allowance for expected credit loss (“ECL”) in respect of trade receivables and contract assets during the year are as follows: ​ ​ ​ ​ ​ ​ in €‘000 2023 2022 Balance as of January 1, (5,620) (4,373) Provision for expected credit losses (7,160) (1,456) Net amounts recovered 183 209 Write-offs ​ 2,559 ​ — Other ​ 72 ​ — Balance as of December 31, (9,966) (5,620) ​

Other assets and prepayments

Other assets and prepayments	12 Months Ended
	Dec. 31, 2023
Other assets and prepayments
Other assets and prepayments	Note 19. Other assets and prepayments Other assets and prepayments are comprised of the following items: ​ ​ ​ ​ ​ ​ Other assets and prepayments ​ As of December 31, in €‘000 2023 2022 Prepaid expenses 22,358 28,899 Other financial assets 688 3,842 Taxes and fees 3,313 3,561 Inventories ​ 5,986 ​ 5,707 Other 907 904 Total 33,252 42,913 ​

Capital and reserves

Capital and reserves	12 Months Ended
	Dec. 31, 2023
Capital and reserves
Capital and reserves	Note 20. Capital and reserves The following table displays the composition and movements of capital and reserves: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B ​ ​ ​ ​ Class A ordinary ​ ordinary ​ ​ ​ Participation Capital and reserves ​ shares ​ shares ​ Shares ​ certificates Equity instruments as of January 1, 2021 — ​ — ​ 344,611 ​ 155,389 Issued during the year before the IPO — ​ — ​ — ​ 3,320 Reorganization transactions (Note 1) 180,314,159 ​ 903,670,701 ​ (344,611) ​ (158,709) Issued during the year during and subsequent to the IPO 26,257,358 ​ — ​ — ​ — Equity instruments as of December 31, 2021 ​ 206,571,517 ​ 903,670,701 ​ — ​ — Issued during the year for vesting of shares ​ 277,127 ​ — ​ — ​ — Equity instruments as of December 31, 2022 206,848,644 903,670,701 — — Issued during the year for vesting of shares 945,555 — — — Equity instruments as of December 31, 2023 207,794,199 903,670,701 — — ​ 20.1 Ordinary shares As of December 31, 2023, the ordinary share capital of the Company amounted to €27.4 million, consisting of 207,794,199 Class A ordinary shares (par value CHF 0.1) and 903,670,701 Class B ordinary shares (par value CHF 0.01). As of December 31, 2022, the ordinary share capital amounted to €27.3 million, consisting of 206,848,644 Class A ordinary shares (par value CHF 0.1) and 903,670,701 Class B ordinary shares (par value CHF 0.01). As of December 31, 2021, the ordinary share capital amounted to €27.3 million, consisting of 206,571,517 Class A ordinary shares (par value CHF 0.1) and 903,670,701 Class B ordinary shares (par value CHF 0.01). Ordinary share capital is fully paid in. The holders of Class A and Class B shares are entitled to a single vote per share at shareholder meetings. Refer to Note 1 for details on the Reorganization Transactions in 2021. 20.2 Additional paid-in capital Additional paid-in capital includes the excess over the par value paid by shareholders in connection with the issuance of ordinary shares or participation certificates as well as impacts of other transactions with shareholders, non-controlling interests and equity-settled share-based payments. The following is a summary of other transactions during the years ended December 31, 2023, 2022 and 2021 which impacted additional paid-in-capital: During the year ended December 31, 2023, €52.0 million relate to recognized assets resulting from granted equity instruments to one licensor. During the year ended December 31, 2022, the Company recorded a €3.0 million gain upon contribution of BetTech to SportTech as part of additional paid-in capital (refer to Note 3 and Note 28). During the year ended December 31, 2022, the Company purchased a non-controlling interest in the subsidiary Sportradar US, LLC, a Delaware limited liability company, for €28.2 million ($32.0 million) in cash. Following this transaction, Sportradar US, LLC is a wholly-owned subsidiary of the Company. In 2021, €5.4 million was reclassified from additional paid-in capital to unpaid contribution of capital as a result of the issuance of MPP share awards. Additionally in 2021, €63.3 million relate to recognized assets resulting from granted equity instruments to licensors. The Reorganization Transactions in 2021 led to a decline of equity of €100.1 million, which is mainly because of the unpaid capital contribution of Slam InvestCo S.à.r.l. to Sportradar Holding AG being now consolidated. The transaction costs with respect to the IPO in 2021 of € 20.3 Participation certificates The participation certificates have been converted to ordinary shares pursuant to the Reorganization Transactions in 2021. There were no participation certificates outstanding as of December 31, 2023, 2022 or 2021. On January 29, 2021, the Company issued 208 participation certificates for €1.0 million to a director of the Company. These participation certificates were issued at €4,808 per certificate. The fair value of these participation certificates was determined to be €12,237 per certificate. There were no vesting conditions. Therefore, a share-based payment expense in the amount of €1.5 million was recognized at grant date. On April 7, 2021, the Company issued 1,307 participation certificates for €6.8 million to the seller of Optima, as the first contracted milestones were achieved. On May 6, 2021, the Company issued 1,805 participation certificates in connection with the acquisition of Atrium. See Note 3 for further details on the Atrium acquisition. 20.4 Treasury shares From time to time, the Company repurchases its own shares for employee tax withholding purposes and the shares may then be used for issuances under the Sportradar Group AG Omnibus Stock Plan (refer to Note 31). Upon the vesting of RSUs, the Company fulfills its obligations under the equity instrument agreements by either issuing new shares of authorized ordinary shares or by issuing shares from treasury. The treasury shares at December 31, 2023 and 2022 comprise the cost of the Company’s shares held by the Company. At December 31, 2023 and 2022, the Company held €2.3 million and €2.7 million in treasury shares, respectively. ​ ​ ​ ​ ​ ​ Movement in treasury shares Number of shares Cost €’000 Treasury shares as of January 1, 2022 — — Purchased during the year 1,566,793 3,837 Surrendered during the year (1,280,829) (1,132) Treasury shares as of December 31, 2022 285,964 2,705 Purchased during the year ​ 787,776 ​ 9,022 Surrendered during the year ​ (843,128) ​ (9,405) Treasury shares as of December 31, 2023 ​ 230,612 ​ 2,322 ​ 20.5 Capital management The Company’s policy is to maintain a strong capital base so as to maintain investor, creditor and market confidence and to sustain future development of the business. The capital management of the Company comprises the management of cash and shareholders’ equity and debt. The primary objective of the Company’s capital management is to ensure the availability of funds within the Company and comply with any applicable financial covenants. See Note 21. The majority of the Company’s operations are financed by the Company’s operating cash flows. The Company manages its capital structure and makes adjustments in light of changes in economic conditions and the requirements of applicable financial covenants. The Board of Directors will determine whether to pay dividends in the future based on conditions existing at that time, including earnings, financial condition and capital requirements, as well as economic and other conditions as it may deem relevant. Loans and borrowings, excluding leases was €0.2 million and €0.8 million as of December 31, 2023 and 2022,respectively. During the year ended December 31, 2022, the Company prepaid €420.0 million under the Credit Agreement (as defined below). On September 16, 2022, the Company established an incremental €110.0 million revolving credit facility, with total commitments available equal to €220.0 million as of December 31, 2023 and 2022. Refer to Note 21 for further details.

Loans and borrowings

Loans and borrowings	12 Months Ended
	Dec. 31, 2023
Loans and borrowings
Loans and borrowings	Note 21. Loans and borrowings ​ ​ ​ ​ ​ ​ Loans and borrowings ​ As of December 31, in €‘000 2023 2022 Current portion of loans and borrowings Bank loans and overdrafts 49 59 Lease liabilities (Note 15) 9,537 7,302 ​ 9,586 7,361 Non - current portion of loans and borrowings Bank loans 145 772 Lease liabilities (Note 15) 40,414 14,712 ​ 40,559 15,484 Total 50,145 22,845 ​ Senior Facilities Agreement: In November 2020, the Company entered into a Credit Agreement (as amended and restated on 16 September 2022 and as further amended and/or restated from time to time) with J.P. Morgan Securities PLC, Citigroup Global Markets Limited, Credit Suisse International, Goldman Sachs Bank USA, UBS AG London Branch and UBS Switzerland AG (as Mandated Lead Arrangers), J.P. Morgan SE (formerly, J.P. Morgan AG) (as Agent) and Kroll Trustee Services Limited (formerly, Lucid Trustee Services Limited) (as Security Agent) (as amended from time to time, the “Credit Agreement”) that provided a €420.0 million senior secured term loan facility (the “Term Loan Facility” or “Facility B”) and a €110.0 million multicurrency senior secured revolving credit facility (the “Original RCF”). On July 14, 2022 and December 14, 2022, the Company prepaid €200.0 million and €220.0 million, respectively, of the outstanding Facility B commitments, thereby reducing the outstanding Facility B commitments to zero. As part of the prepayments, unamortized debt issuance costs totaling €6.8 million were recognized as finance costs in the statement of profit or loss and other comprehensive income during the year ended December 31, 2022. On September 16, 2022, the Company established a €110.0 million additional revolving facility by way of a fungible increase to the Original RCF (the “Additional RCF”, and together with the Original RCF, the “RCF”), thereby increasing the total RCF commitments to €220.0 million. Only the RCF remains outstanding under the Credit Agreement. Our wholly-owned subsidiary, Sportradar Capital S.à r.l., is the borrower under the Credit Agreement and the obligations are guaranteed by other subsidiaries of the Company and secured by certain assets of the borrower and its subsidiaries. Prior to the payoff of the Facility B, borrowings bore interest at the maximum annual rate equal to EURIBOR plus 4.25% plus were subject to a margin ratchet as set out below: ​ ​ ​ ​ Senior Secured Net Leverage Ratio Facility B Margin (% per annum) Greater than 4.50:1.00 4.25 Greater than 4.00:1.00 but equal to or less than 4.50:1.00 4.00 Greater than 3.50:1.00 but equal to or less than 4.00:1.00 3.75 Equal to or less than 3.50:1.00 3.50 ​ Borrowings under the RCF bear interest at a maximum annual rate of EURIBOR (or, as the case may be, Term SOFR or SONIA) plus 3.75% per annum and are subject to a margin ratchet as set out below: ​ ​ ​ ​ Senior Secured Net Leverage Ratio RCF Margin (% per annum) Greater than 4.50:1.00 3.75 Greater than 4.00:1.00 but equal to or less than 4.50:1.00 3.50 Greater than 3.50:1.00 but equal to or less than 4.00:1.00 3.25 Greater than 3.00:1.00 but equal to or less than 3.50:1.00 3.00 Equal to or less than 3.00:1.00 2.75 ​ For the unutilized RCF, a commitment fee of 0.825% is payable on 30% of the applicable margin for the RCF. The applicable margin for the RCF is 2.75% per annum and is determined based on the applicable senior secured net leverage ratio. Senior Secured Net Leverage Ratio is defined as the ratio of Consolidated Senior Secured Net Debt as at the last day of the relevant period ending, on such quarter date or on the last day of the month (as applicable), to consolidated proforma EBITDA. The Consolidated Senior Secured Net Debt means the principal amount of all borrowings of the Company constituting senior secured indebtedness, less the aggregate amount at that time of cash and cash equivalent investments held by the Company. Consolidated proforma EBITDA represents EBITDA adjusted for any acquisition, disposal, restructuring or reorganization costs and excluding any non-recurring fees, costs and expenses directly or indirectly related to such transactions. Pursuant to the Credit Agreement, the Company is also subject to certain covenants. These covenants include limitation on the Company’s ability to incur additional indebtedness, pay dividends and distribution and repurchase of capital stock. The agreement also contains, solely for the benefit of the RCF lenders, a springing financial covenant that requires the Company to ensure that the Senior Secured Net Leverage Ratio will not exceed 6.50:1. The Credit Agreement also provides that at the end of each financial year, the Company is required to make prepayments of a percentage of Excess Cash Flow, depending on the Senior Secured Net Leverage Ratio, in the amounts set out below: ​ ​ ​ ​ ​ ​ Excess Cash Flow prepayment Senior Secured Net Leverage Ratio percentage ​ Greater than 5.00:1 50 % Equal to or less than 5.00:1 but greater than 4.50:1 25 % Equal to or less than 4.50:1 0 % ​ Excess Cash Flow represents the total net cash flow for the year. The Company was in compliance with all covenants of the Credit Agreement as of December 31, 2023 and 2022. The movements in bank loans and bank overdrafts are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt movements and change in bank overdrafts Loans Loans ​ ​ in €‘000 non-current current Overdrafts Total Balance as of January 1, 2022 411,379 — 73 411,452 Addition 219 6 — 225 Transaction costs related to borrowing costs ​ (1,100) ​ — ​ — ​ (1,100) Payment of loans and borrowings (420,682) (3) (23) (420,708) Amortization of borrowing costs 8,057 — — 8,057 Reclassification of borrowing costs ​ 2,846 ​ — ​ — ​ 2,846 Foreign currency rate adjustment 53 — 6 59 Balance as of December 31, 2022 772 3 56 831 Payment of loans and borrowings (620) ​ — ​ (7) ​ (627) Addition — ​ 2 ​ — ​ 2 Foreign currency rate adjustment (7) ​ — ​ (5) ​ (12) Balance as of December 31, 2023 145 ​ 5 ​ 44 ​ 194 ​

Employee benefits

Employee benefits	12 Months Ended
	Dec. 31, 2023
Employee benefits
Employee benefits	Note 22. Employee benefits The defined contribution plans are related to various subsidiaries. The contributions are recognized as expenses in personnel expenses in the consolidated statements of profit or loss and other comprehensive income and amount to €4.9 million, €3.5 million and €3.5 million during the years ended December 31, 2023, 2022 and 2021, respectively. No further obligation exists besides the contributions paid. The Company has four pension plans classified as defined benefit plans. These plans are held in Switzerland, Austria, Slovenia and Philippines. Out of the four plans, only the Switzerland plan is partially funded. The contributions to the fund are based on the percentage of the insured salary, a part of which needs to be paid by the employees and a part by the employer. The amounts recognized in the consolidated statements of financial position for the defined benefit pension plans as of December 31, 2023 and 2022 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 Defined benefit obligation 14,129 10,412 Fair value of plan assets (13,086) (10,215) Net defined benefit liability 1,043 197 ​ The net defined benefit liability is included in other non-current liabilities in the consolidated statements of financial position. The movements in the defined benefit obligation are as follows: ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 Defined benefit obligation as of January 1, 10,412 11,456 Interest expense on defined benefit obligation 280 44 Current service cost 558 726 Contributions by plan participants 490 369 Benefits (paid) / deposited 904 56 Past service cost — — Administration cost (excl. cost for managing plan assets) 6 6 Actuarial loss (gain) on defined benefit obligation 967 (2,855) Exchange rate loss 512 610 Defined benefit obligation as of December 31, 14,129 10,412 ​ The defined benefit obligations of the four plans as of December 31, 2023 and 2022 is as follows: Switzerland: (2023: €13.3 million; 2022: €9.7 million), Austria (2023: €0.4 million; 2022: €0.4 million), Slovenia (2023: €0.3 million; 2022: €0.2 million) and Philippines (2023: €0.2 million; 2022: €0.1 million). The movements in the fair value of plan assets are as follows: ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 Fair value of plan assets as of January 1, 10,215 9,365 Interest income on plan assets 275 31 Contributions by the employer 628 452 Contributions by plan participants 490 369 Benefits deposited (paid) 909 (53) Others — 204 Return on plan assets excl. interest income (182) (596) Exchange rate gain 509 522 Adjustment to asset ceiling 242 (79) Fair value of plan assets as of December 31, 13,086 10,215 ​

Trade payables

Trade payables	12 Months Ended
	Dec. 31, 2023
Trade payables
Trade payables	Note 23. Trade payables The following table represents trade payables: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 License fee payables for capitalized sports data rights – current 202,013 148,638 Other trade payables and accrued expenses – current 57,654 ​ 56,356 Trade payables current 259,667 ​ 204,994 License fee payables for capitalized sports data rights – non-current ​ 908,437 ​ 264,530 Other trade payables – non-current ​ 62 ​ 135 Trade payables non-current ​ 908,499 ​ 264,665 Total 1,168,166 ​ 469,659 ​ License agreements which qualify as intangible assets are initially measured at cost. These costs are determined based on the present value of the license payments scheduled over the applicable binding period. As of December 31, 2023 and 2022, the carrying amount of license payments was €1,110.5 million and €413.2 million, respectively.

Other liabilities

Other liabilities	12 Months Ended
	Dec. 31, 2023
Other liabilities
Other liabilities	Note 24. Other liabilities The following tables represent the composition of other liabilities: ​ ​ ​ ​ ​ ​ Other liabilities - current: ​ As of December 31, in €‘000 2023 2022 Other financial liabilities: Deferred and contingent consideration (Note 3) 8,376 14,539 Other liabilities 4,534 2,992 Other non-financial liabilities: ​ Payroll liabilities 30,176 31,742 Taxes and fees 7,444 5,094 Provisions — 5,323 Deposit liability (Note 3) 1,721 3,532 Management restructuring ​ 3,473 ​ 1,956 Due to related parties — 90 Total other liabilities - current 55,724 65,268 ​ ​ ​ ​ ​ ​ Other non-current liabilities: ​ As of December 31, in €‘000 ​ 2023 ​ 2022 Other financial liabilities: Deferred and contingent consideration (Note 3) 6,993 9,220 Other non-financial liabilities: Employee benefit liabilities (Note 22) 1,043 197 Other 464 1,278 Total other non-current liabilities 8,500 10,695 ​ Provisions The Company recognizes provisions for potential liabilities if they have been advised by its legal counsel that it is probable the legal case against the Company will be successful. In some instances, the ultimate outcome of these cases may have a material impact on the Company’s financial position and earnings. In October 2022, the Company completed a settlement agreement with Genius Sports and Football DataCo (FDC) in which Genius Sports maintains the exclusive right to provide Official FDC betting data rights through 2024 and the Company purchased a sublicense from Genius Sports for a delayed feed to be marketed as the Official FDC Secondary Feed through 2024. Litigation costs, together with the settlement payment to Genius Sports and FDC, which aggregated €19.0 million, are recognized within other operating expenses in the consolidated statement of profit and other comprehensive income for the year ended December 31, 2022. The purchased sublicense from Genius Sports fulfils the definition of an intangible asset and is accounted for in accordance with the accounting policies disclosed in Note 2.9. Refer to Note 30 for details on the litigation contingencies. The following table represents the movements in provisions: ​ ​ ​ ​ ​ ​ ​ ​ Provisions ​ ​ ​ ​ in €‘000 ​ Legal Other Total Balance as of January 1, 2022 1,294 ​ 1,737 3,031 Additions 19,909 ​ 480 20,389 Used (12,500) ​ (581) (13,081) Released (3,416) ​ (1,600) (5,016) Balance as of December 31, 2022 5,287 ​ 36 5,323 Additions 1,670 ​ 71 1,741 Used (5,840) ​ (102) (5,942) Released (1,117) ​ (5) (1,122) Balance as of December 31, 2023 — ​ — — ​ Restructuring The Company records the restructuring provision when there is a constructive legal obligation to effectuate the restructuring activities. In October 2023, the Company initiated several measures to ensure greater efficiency and to realign its business and strategic priorities. As part of this restructuring the Company evaluated its product portfolio, streamlining of investments, and redirecting of talent resources. Costs associated with this restructuring action primarily included one-time termination benefits. This restructuring resulted in €8.0 million severance expense recognized as part of personnel expenses in the consolidated statement of profit or loss and other comprehensive income during the year ended December 31, 2023. The restructuring measures were completed in January 2024 upon announcement of the new global organization and leadership structure. The additional one-time termination benefits incurred in 2024 were approximately €1.1 million and are not included in the €3.5 million severance liability as of December 31, 2023. In November 2022, the Company initiated several cost-cutting measures. Costs associated with this restructuring action primarily included one-time termination benefits. This restructuring resulted in €5.5 million severance expense recognized as part of personnel expenses in the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2022.

Contract liabilities

Contract liabilities	12 Months Ended
	Dec. 31, 2023
Contract liabilities
Contract liabilities	Note 25. Contract liabilities As of December 31, 2023 and 2022, current contract liabilities of €26.6 million and €23.2 million and non-current contract liabilities (included in non-current other trade payables) of €39.5 million and €5.3 million, respectively, either relate to services not yet rendered but already paid in advance by the customer or arise from barter deals with sports rights licensors. They will be recognized as revenue when the service is provided, which is expected to occur over the next nine years. Amounts from a customer contract’s transaction price that are allocated to the remaining performance obligations represent contracted revenue that has not yet been recognized. These amounts mostly comprise obligations to provide support or deliver data over a period of time, as the respective contracts typically have durations of one or multiple years. The amount of transaction price allocated to the remaining performance obligations, and changes in this amount over time, are impacted mainly by currency fluctuations and the future timing of the satisfaction of performance obligations. The full amount of contract liabilities as of December 31, 2022 relating to customer prepayments of €20.0 million has been recognized as revenue in 2023. An amount of €3.1 million of contract liabilities as of December 31, 2022 relating to barter deals has been recognized as revenue in 2023. The full amount of contract liabilities as of January 1, 2022 relating to customer prepayments of As of December 31, 2023, contract liabilities of €49.4 million, arising from barter deals with sport rights licensors, and € 1,702.0 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unsatisfied performance in €‘000 Barter deals obligations 2024 10,618 ​ 898,546 2025 8,518 ​ 415,465 2026 7,609 ​ 283,818 2027 7,011 ​ 39,165 2028 and thereafter 15,626 ​ 64,944 Total 49,382 ​ 1,701,938 ​ As of December 31, 2022, contract liabilities of €8.4 million arising from barter deals with sports rights licensors, and €943.9 million unsatisfied performance obligations to provide support or deliver data to customers, will be recognized as revenue in the respective year as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unsatisfied performance in €‘000 Barter deals obligations 2023 3,114 ​ 622,425 2024 2,716 ​ 204,780 2025 912 ​ 74,168 2026 518 ​ 6,404 2027 and thereafter 1,131 ​ 36,165 Total 8,391 ​ 943,942 ​

Financial instruments - fair va

Financial instruments - fair values and risk management	12 Months Ended
	Dec. 31, 2023
Financial instruments - fair values and risk management
Financial instruments - fair values and risk management	Note 26. Financial instruments – fair values and risk management 26.1 Measurement categories of financial instruments For financial assets and liabilities measured at fair value on a recurring basis, fair value is the price the Company would receive to sell an asset or pay to transfer a liability in an orderly transaction with a market participant at the measurement date. In the absence of active markets for identical assets or liabilities, such measurements involve developing assumptions based on market observable data and, in the absence of such data, internal information that is consistent with what market participants would use in a hypothetical transaction that occurs at the measurement date. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques: ● Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities ● Level 2: inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e. derived from prices). ● Level 3: inputs for the asset or liability that are not based on observable market data (i.e., unobservable inputs). The carrying amounts of trade and other receivables, deposits, trade payables except for those for capitalized sports data rights licenses, and other financial liabilities included in other liabilities, all approximate their fair values due to the short maturities of these financial instruments. Bank loans and borrowings bore interest at variable rates. The Company assessed that their carrying amount is a reasonable approximation of fair value. The fair values of interest-bearing financial assets measured at amortized cost equal the present values of their future estimated cash flows. These present values are calculated using market interest rates for the respective currencies and terms. The following tables show the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. They do not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 in €‘000 ​ Financial statement ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ Description of Financial Instrument ​ classification amount Fair value Level 1 Level 2 Level 3 Financial assets at FVTPL ​ ​ ​ ​ ​ ​ Cash equivalents Cash and cash equivalents 130,175 130,175 130,175 — — Financial assets at FVOCI ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity investments Other financial assets and other non-current assets 6,346 6,346 — — 6,346 Total financial assets ​ 136,521 136,521 130,175 — 6,346 Financial liabilities at FVTPL ​ ​ ​ ​ ​ ​ Contingent consideration Other liabilities and other non-current liabilities 15,369 15,369 — — 15,369 Financial liabilities measured at amortized cost ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized sport rights licenses ​ Trade payables – current and Trade payables – non-current ​ 1,110,450 ​ 1,096,688 ​ — ​ 1,096,688 ​ — Total financial liabilities ​ 1,125,819 1,112,057 — 1,096,688 15,369 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 in €‘000 ​ Financial statement ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ Description of Financial Instrument ​ classification amount Fair value Level 1 Level 2 Level 3 Financial assets at FVTPL ​ ​ ​ ​ ​ ​ Cash equivalents Cash and cash equivalents 124,344 124,344 124,344 — — Financial assets at FVOCI ​ ​ ​ ​ ​ ​ Equity investment Other financial assets and other non-current assets 2,820 2,820 — — 2,820 Total financial assets ​ 127,164 127,164 124,344 — 2,820 Financial liabilities measured at fair value ​ ​ ​ ​ ​ ​ Contingent consideration Other liabilities and other non-current liabilities 23,201 23,201 — — 23,201 Financial liabilities measured at amortized cost ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized sport rights licenses ​ Trade payables – current and Trade payables – non-current ​ 413,168 ​ 401,867 ​ — ​ 401,867 ​ — Total financial liabilities ​ 436,369 425,068 — 401,867 23,201 ​ There were no transfers between Level 1, Level 2 and Level 3 during the years ended December 31, 2023 and 2022. Level 3 recurring fair values Following table shows a reconciliation from the opening balances to the closing balances for Level 3 fair values: ​ ​ ​ ​ ​ ​ ​ Equity Contingent in €‘000 investments consideration Balance as of January 1, 2023 2,820 ​ 23,201 Additions 3,716 ​ 1,400 Payments — ​ (8,575) Net change in fair value – unrealized (included in OCI) (190) — Net change in fair value – unrealized (included in Finance cost / income) ​ — ​ (657) Balance as of December 31, 2023 6,346 15,369 ​ ​ ​ ​ ​ ​ ​ Equity Contingent in €‘000 investment consideration Balance as of January 1, 2022 2,605 8,436 Additions — 18,800 Payments — (5,585) Net change in fair value – unrealized (included in OCI) 215 — Net change in fair value – unrealized (included in Finance cost / income) ​ — ​ 1,550 Balance as of December 31, 2022 2,820 23,201 ​ 26.2 Financial risk management The Company’s activities expose it to a variety of financial risks, including market risk, liquidity risk and credit risk. The Company’s senior management oversees the management of these risks. The Company’s senior management ensures that the Company’s financial risk activities are governed by appropriate processes and procedures and that financial risks are identified, measured and managed in accordance with the Company’s policies and risk objectives. The Company reviews and agrees on policies for managing each of these risks which are described below. Financial risk management is carried out by the Company’s treasury department and the Chief Financial Officer (“CFO”) under policies approved by the Board of Directors. They identify, evaluate and hedge financial risks in close co-operation with the Company’s operating units and in particular cover foreign exchange risk, interest rate risk, credit risk, use or non-use of derivative financial instruments and non-derivative financial instruments, and investment of excess liquidity. 26.3 Market risk Market risks expose the Company primarily to the financial risks of changes in both foreign currency exchange rates and interest rates. The Company did not utilize derivative financial instruments to hedge risk exposures arising from its obligations denominated in non-Euro currencies in 2023, 2022 or 2021. The Company’s overall risk management program focuses on the unpredictability of financial markets and seeks to minimize potential adverse effects on the Company’s financial performance. 26.4 Liquidity risk Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The Company’s approach to managing liquidity is to ensure that it will have sufficient liquidity to meet its liabilities when such liabilities become due. The Company’s finance function closely monitors the cash flow and the Company’s liquidity. The following tables show undiscounted contractual cash flows for financial liabilities as of December 31, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ Due between Due after ​ ​ ​ ​ Due less than ​ one to five ​ five ​ ​ in €‘000 ​ one year ​ years ​ years ​ Total Trade payables 231,582 705,753 497,514 1,434,849 Deferred & contingent consideration cash flows 8,376 7,197 — 15,573 Bank debt - contractual cash flows 1 1,840 ​ 4,370 ​ — ​ 6,210 Lease liabilities cash flows 10,470 ​ 27,358 ​ 29,359 ​ 67,187 Other financial liabilities 4,553 ​ — ​ — ​ 4,553 Total 256,821 ​ 744,678 ​ 526,873 ​ 1,528,372 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ Due between ​ Due after ​ ​ ​ ​ Due less than ​ one to five ​ five ​ ​ in €‘000 one year years years Total Trade payables 206,026 220,008 84,278 510,312 Deferred & contingent consideration cash flows 14,539 9,220 — 23,759 Bank debt - contractual cash flows 1 1,840 6,211 — 8,051 Lease liabilities cash flows 6,083 13,646 3,146 22,875 Other financial liabilities 2,992 — — 2,992 Total 231,480 249,085 87,424 567,989 1 For the €220.0 million unutilized RCF, the foreseeable interest expense will be €1.84 million per annum, based on the assumption the RCF remains undrawn and the Senior Secured Net Leverage Ratio remains equal to or less than 3.00:1.00. Refer to Note 21. To service the above license payment commitments and other operational requirements, the Company is dependent on existing cash resources, cash generated from operations and borrowing facilities. Refer to Note 21 for further details. 26.5 Credit risk Credit risk is the risk of financial loss to the Company if a customer or counterparty to financial instruments fails to meet its contractual obligations. The Company is exposed to credit risk from its operating activities (primarily trade receivables), loans granted and its deposits with banks and financial institutions. The carrying amounts of financial assets and contract assets represent the maximum credit exposure, refer to Note 26.1. At the reporting date, there are no arrangements which will reduce the maximum credit risk. Impairment losses on financial assets and contract assets recognized in the consolidated statements of profit or loss and other comprehensive income are disclosed in Note 17 and Note 18. As the Company’s risk exposure is mainly influenced by the individual characteristics of each customer, it continuously analyzes the creditworthiness of significant debtors. Due to its international operations and expanding business based on a diversified customer structure, the Company experiences an increasing but still low concentration of credit risk arising from trade receivables. The Company had for the years ended December 31, 2023, 2022 and 2021 no individual customer accounted for more than 10% of revenues. For banks and financial institutions, only parties with a high credit rating are accepted. Furthermore, the Company continuously tracks the financial information of the counterparties of loans granted. The following table provides information about the exposure to credit risk and ECLs for loans receivable as of December 31, 2023 and 2022: Loans receivable: exposure to credit risk and ECLs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ Gross carrying average loss Impairment Credit- in €‘000 ​ amount rate ​ loss allowance ​ impaired Grades 1 - 6: Low risk (BBB- to AAA) 310 0.0 % — no Grade 10: Substandard (B- to CCC-) 3,441 60.7 % (2,087) no Grade 12: Loss (D) 12,258 100.0 % (12,258) yes Total as of December 31, 2023 16,009 (14,345) Grades 1 - 6: Low risk (BBB- to AAA) 359 0.0 % — no Grade 10: Substandard (B- to CCC-) 3,559 58.5 % (2,087) no Grade 12: Loss (D) 12,258 100.0 % (12,258) yes Total as of December 31, 2022 16,176 (14,345) ​ Credit risk arising from billing sports betting client accounts is mitigated by billing and collecting monies in advance. Customer accounts are suspended if an invoice remains unpaid two weeks after the beginning of the billed month. Credit risk arising from sports media accounts is mitigated by customer credit checks before services are rendered. The following table provides information about the exposure to credit risk and ECLs for trade receivables from individual customers as of December 31, 2023 and 2022: Trade receivables from individual customers: exposure to credit risk and ECLs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ Gross carrying average loss Impairment Credit- in €‘000 ​ amount rate ​ loss allowance ​ impaired Current (not past due) 44,431 1.6 % (726) no 1 to 60 days past due 20,279 2.8 % (562) no 61 to 90 days past due 2,691 7.8 % (211) no More than 90 days past due 13,460 60.3 % (8,116) yes Total as of December 31, 2023 80,861 ​ ​ (9,615) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current (not past due) 27,752 0.4 % (113) no 1 to 60 days past due 26,326 1.3 % (334) no 61 to 90 days past due 3,036 3.8 % (116) no More than 90 days past due 11,817 41.9 % (4,956) yes Total as of December 31, 2022 68,931 (5,519) ​ From 2022 to 2023, there is higher impairment loss allowance on trade receivables due to initiating credit risk management activities, which resulted in higher sales of past-due receivables to collection agencies. As of December 31, 2023 and 2022, contract assets at the gross carrying amount of €61.2 million and €50.6 million, respectively, are measured at the same ECL probability as current, not past due trade receivables, which results in an ECL allowance of €0.4 million and €0.1 million, respectively, deducted from the contract assets. ​ 26.6 Foreign currency risk Currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. Foreign exchange risk arises from future commercial transactions and recognized financial assets and liabilities. The Company invoices more than 71% of its business in its functional currency. However, license rights are often purchased in foreign currencies and this exposes the Company to a significant risk from changes in foreign exchange rates; in particular, against the U.S. Dollar following the purchase of sports data and media rights by Sportradar AG. Furthermore, some of the subsidiaries operate in local currencies, mainly AUD, GBP, CHF, NOK and USD. Exchange rates are monitored by the Finance department on a monthly basis, to ensure that adequate measures are taken if fluctuations increase. The transaction risk on foreign currency cash flows is monitored on an ongoing basis by the Company's treasury department. The main transaction risks are represented by the U.S. Dollar and Great Britain Pound, while other currencies pose minor sources of risk. As of December 31, 2023 and 2022, the Company’s net liability exposure in U.S. Dollars was €614.0 million and €35.1 million, respectively. As of December 31, 2023 and 2022, the Company’s net asset exposure in Great Britain Pound was €109.0 million and €49.3 million, respectively. The following table provides the effects of a five and ten percent quantitative change of foreign currency exchange rates of the Euro against the exposed currencies as of December 31, 2023 and 2022, on profit or (loss): ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, in €‘000 2023 2022 € exchange rate +10% ​ (47,960) 1,934 € exchange rate +5% ​ (23,980) 967 € exchange rate -5% ​ 23,980 (967) € exchange rate -10% ​ 47,960 (1,934) ​ 26.7 Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company does not actively manage its interest rate exposure. The Company is mainly exposed to cash flow interest rate risk in conjunction with its borrowings, if any. The interest rate is based on market interest rate plus a margin which is based on the Senior Secured Net Leverage Ratio as defined in the Credit Agreement. For the €220.0 million unutilized RCF, the foreseeable annual financing cost will be €1.8 million, based on the assumption the RCF remains undrawn and the Company Leverage Ratio remains equal to or less than 3.00:1.00. Loans granted to customers (refer to Note 17) bore fixed interest. They do not expose the Company to any interest rate risk.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2023
Commitments
Commitments	Note 27. Commitments The Company enters into commitments which may have a minimum guarantee per contractual year. Additionally, as of December 31, 2023, Sportradar continues to have commitments relating to license payments for non-capitalized or not yet capitalized (i.e., license period has not started yet and advance payments have been already deducted) sports data or media rights licenses. License commitment payments will primarily be made in U.S. Dollars. The Company also has various contracts including one non-cancelable contractual commitment for five contractual years primarily related to network infrastructure and the Company's data center operations. The payments are made in Euro. The following table shows commitments by the Company as of December 31, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €’000 2023 2022 less than one year 41,165 48,678 between more than one and less than two years 43,734 92,955 between more than two and less than three years 46,477 105,171 between more than three and less than four years 49,280 115,711 more than four years 39,241 565,481 Total 219,897 927,996 ​ Commitments for licenses not yet capitalized amount to €16.3 million and €694.3 million as of December 31, 2023 and 2022, respectively.

Related party transactions and

Related party transactions and key management personnel	12 Months Ended
	Dec. 31, 2023
Related party transactions and key management personnel
transactions and key management personnel	Note 28. Related party transactions and key management personnel Shareholders During the years ended December 31, 2023 and 2022, Carsten Koerl, CEO and founder of the Company, held more than 80% voting rights in the Company. During the year ended December 31, 2021, shareholders with significant influence holding more than 20% in voting rights of Sportradar Group AG and/or Sportradar Holding AG (the Company’s predecessor, refer to Note 1) were Carsten Koerl with 55.1% and the Canada Pension Plan Investment Board (CPPIB) as the controlling shareholder of Blackbird Holdco Ltd with 40.0% before the IPO date. Transactions with key management personnel Carsten Koerl holds 33% of the shares in Betgames – UAB TV Zaidimai ("Zaidimai") situated in Vilnius, Lithuania. During the years ended December 31, 2023, 2022 and 2021, the Company generated revenue of €0.1 million, €0.1 million, and nil, respectively, with Zaidimai. For the year ended December 31, 2021 and until May 2022, Carsten Koerl held a 23% beneficial ownership in OOO PMBK, which is associated with Interactive Sports Holdings Limited. The Company generated revenue of €1.2 million in year ended December 31, 2022 until the date Casrten Koerl no longer held any interest and €2.7 million in the year ended December 31, 2021. During the year ended December 31, 2021, Carsten Koerl held more than 50% in BetTech based in Cape Town, South Africa, where he also acted as a director. On August 4, 2022, Sportradar acquired 100% of shares in BetTech from Carsten Koerl and minority shareholders for consideration of €7.0 million (refer to Note 3). The Company recorded a €3.0 million gain upon contribution of BetTech as part of additional paid-in capital for the year ended December 31, 2022. During the year ended December 31, 2022 until the date of the Company’s acquisition of BetTech, the Company generated revenue of €0.3 million with BetTech. Sportradar generated revenue of €0.2 million with BetTech in 2021. The Company’s acquisition of BetTech on August 4, 2022 is a related party transaction and an acquisition under common control in the context of the establishment of SportTech AG with Ringier and certain minority shareholders (see Note 16.3). Immediately upon closing of the Company’s acquisition of BetTech, the Company contributed 100% of the shares of BetTech for €10.0 million to SportTech in addition to a cash contribution of €13.7 million to SportTech and a cash equalization payment of €14.2 million to Ringier, for a 49% ownership in SportTech (refer to Note 16.3). Sportradar’s director Marc Walder serves as a director for Ringier, a Swiss holding company which, together with two minority shareholders, held 51% ownership of SportTech prior to May 31, 2023. The Company sold its 49% interest in SportTech on May 31, 2023 (Note 16.3). As part of this transaction, the Company received a cash payment of €15.2 million from Ringier. Additionally, BetTech became a wholly-owned subsidiary of the Company as a result of the sale of its interest in SportTech. On November 30, 2023, BetTech was sold to a third-party and is not a subsidiary of the Company as of December 31, 2023 (refer to Note 29). Compensation of Board of Directors and key management personnel During the years ended December 31, 2023, 2022 and 2021, the Board of Directors’ aggregate emoluments amounted to €0.6 million, €0.6 million and €0.5 million, respectively. Share-based compensation expense related to the Board of Directors amounted to €1.0 million, €0.8 million and €0.1 million during the years ended December 31, 2023, 2022 and 2021, respectively. Key management personnel comprises members of the executive leadership team. Compensation expense included in personnel expense in the consolidated statements of profit or loss other comprehensive income related to directors and key management personnel is shown below: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 ​ 2022 ​ 2021 Short-term employee benefits 5,210 10,023 6,677 Post-employment pension contributions 540 456 357 Share-based compensation 11,377 3,232 4,280 Total 17,127 13,711 11,314 ​ Management loans As of December 31, 2023 and 2022, the Company has outstanding loans that were issued to several members of middle management in prior years of €0.3 million and €0.4 million, respectively. The loans have a fixed interest rate of 5%. The loans were granted to middle management to purchase participation shares of Slam InvestCo S.à.r.l. Transactions with associates During the years ended December 31, 2023, 2022 and 2021, the transactions with associates of the Company are shown below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, ​ Revenue ​ Expenses in €’000 2023 2022 2021 2023 2022 2021 NSoft 1 — 824 1,861 — 274 ​ 906 Bayes 91 — 1,730 189 775 ​ 5,742 SportTech 2 ​ 413 613 — 388 150 ​ — Total 504 1,437 3,591 577 1,199 ​ 6,648 1 During 2021, and until April 28, 2022, NSoft was an associate of the Company (Note 16.1), which is the date the Company acquired an additional 30% interest in NSoft and NSoft became a consolidated entity of the Company. 2 ​ As of December 31, 2023 and 2022, there are no outstanding trade receivables or trade payables with Bayes. As of December 31, 2022, there was €0.3 million and €0.1 million outstanding trade receivables and trade payables, respectively, with SportTech.

Disposals and discontinued oper

Disposals and discontinued operations	12 Months Ended
	Dec. 31, 2023
Assets held for sale and discontinued operations
Disposals and discontinued operations	Note 29. Disposals and discontinued operations BetTech Gaming (PTY) Ltd ​ On May 31, 2023, BetTech became a wholly-owned subsidiary of Sportradar in connection with the Company’s exit from its investment in SportTech AG (refer to Note 16.3). The Company immediately committed to a plan to dispose of BetTech. In November 2023, the Company sold BetTech to a third party for cash consideration of €0.5 million. BetTech is presented as discontinued operations in the consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2023. Net loss from discontinued operations was ​ Interact Sport Pty Ltd ​ On December 30, 2023, the Company sold 100% of the voting interest in Interact Sport Pty Ltd. and its subsidiaries (together, “Interact”) for net cash consideration of €

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2023
Contingencies
Contingencies	Note 30. Contingencies From time to time, and in the ordinary course of business, the Company may be subject to certain claims, charges and litigation. Management regularly analyzes current information pertaining to ongoing cases including, where applicable, the Company’s defense claims and insurance coverage of any potential liability. The Company recognizes provisions for potential liabilities if they have been advised by its legal counsel that it is probable the legal case against the Company will be successful. In some instances, the ultimate outcome of these cases may have a material impact on the Company’s financial position and earnings. The Company considers that no material loss to the Company is expected to result from these claims and legal proceedings. ​

Share-based payments

Share-based payments	12 Months Ended
	Dec. 31, 2023
Share-based payments
Share-based payments	Note 31. Share-based payments Omnibus stock plan (the “2021 Plan”) In 2021, the Company established the 2021 Plan, under which employees, consultants and directors, and employees and consultants of subsidiaries are eligible to receive awards. The Company grants stock options and restricted stock units (RSUs) to key employees, collectively referred to herein as equity instruments. Annual grants under the 2021 Plan are generally made to the Company’s key employees during the first quarter of the Company’s fiscal year and to members of the Company’s Board of Directors during the second quarter of the Company’s fiscal year. The Company also issues equity instruments to strategic new hires and to employees who have demonstrated superior performance throughout the year. Upon the vesting of RSUs and options, the Company fulfills its obligations under the equity instrument agreements by either issuing new shares of authorized ordinary shares or by issuing shares from treasury. The RSUs generally only include a service-based component. The service-based component of the Company’s equity instruments generally vests over four years from the date of grant and for some cases less than one year. RSUs are also awarded to members of the Company’s Board of Directors. The Company recognizes a share-based payment expense on these restricted shares and options on a graded vesting basis. For the years ended December 31, 2023, 2022 and 2021, total share-based payment expense of €38.1 million, €22.5 million, and €1.1 million respectively, relating to the 2021 Plan equity instruments has been recognized within personnel expenses and €1.0 million, €0.9 million, and €0.2 million respectively has been recognized within operating expenses in the consolidated statements of profit or loss and other comprehensive income and corresponding credit has been recognized in retained earnings within the consolidated statements of changes in equity. Changes in the number of unvested RSUs during each of the years in the three-year period ended December 31, 2023, 2022, and 2021, together with the corresponding weighted-average fair values, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average grant ​ ​ RSU shares ​ date Fair Value Unvested restricted shares as of January 1, 2021 — ​ $ — Granted 1,302,599 ​ $ 17.34 Unvested restricted shares as of December 31, 2021 1,302,599 ​ $ 17.34 Granted 3,159,725 ​ $ 14.02 Vested (373,739) ​ $ 17.45 Forfeited (426,831) ​ $ 16.03 Unvested restricted shares as of December 31, 2022 ​ 3,661,754 ​ $ 14.69 Granted ​ 5,162,678 ​ $ 11.50 Vested ​ (1,400,697) ​ $ 13.51 Forfeited ​ (866,755) ​ $ 13.10 Unvested restricted shares as of December 31, 2023 6,556,980 ​ $ 12.66 ​ The grant date fair value of the RSUs is determined based on the closing price of the Company`s ordinary shares price on the day before grant. As of December 31, 2023 and 2022, the unrecognized compensation cost related to RSUs issued under the 2021 Plan will be recognized over 2.8 3.1 The following summarizes option activity during each of the years in the three-year period ended December 31, 2023, 2022, and 2021, together with the corresponding weighted-average fair values: ​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average exercise ​ ​ options ​ price Outstanding as of January 1, 2021 — ​ $ — Granted 33,513 ​ $ 27.00 Exercised ​ — ​ ​ — Cancelled/forfeited ​ — ​ ​ — Outstanding as of December 31, 2021 33,513 ​ $ 27.00 Granted ​ — ​ ​ — Exercised — ​ — Cancelled/forfeited ​ — ​ ​ — Outstanding as of December 31, 2022 ​ 33,513 ​ $ 27.00 Granted ​ 3,500,000 ​ $ 12.90 Exercised ​ — ​ ​ — Cancelled/forfeited ​ (33,513) ​ $ 27.00 Outstanding as of December 31, 2023 3,500,000 ​ $ 12.90 ​ The following summarizes the assumptions used to value options granted during the years ended December 31, 2023 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ Valuation inputs: 2023 2021 Valuation model ​ Black-Scholes model ​ Black-Scholes model ​ Share price at grant date ​ $ 12.90 ​ $ 27.00 ​ Exercise price 1 ​ $ 12.90 ​ $ 27.00 ​ Expected volatility (average) 2 ​ 47.00 % ​ 37.33 % Expected term (average) 3 ​ 6.5 years ​ 6.5 years Expected dividends 4 ​ — ​ ​ — ​ Risk-free interest rate 5 ​ 3.50 % ​ 1.03 % 1 Based on contractual terms 2 Calculated based on comparable companies’ historical volatilities based on industry and size over a time period commensurate with the options’ expected term 3 Presumed to be the midpoint between the vesting date and the end of the contractual term 4 Assumes a dividend yield of zero as the Company has no plans to declare dividends in the foreseeable future 5 Based on the U.S. Constant Maturity Treasury yield curve equal or approximate to options’ expected term as of the valuation date As of December 31, 2023, the unrecognized compensation cost related to stock option instruments will be recognized over 3.4 years. Phantom option plan In December 2019, the Company established the Phantom Option Plan (the “POP”) to enable certain key employees, who are not executive officers, a plan under which participants are entitled to bonus payments calculated by reference to the value of a hypothetical option to purchase shares of Sportradar Holding AG. At the date of the IPO, the outstanding awards under the POP converted into 66,744 restricted stock units, which were granted to the POP participants pursuant to (and come out of the number of shares available for issuance under) the 2021 Plan. The Company recognizes a share-based payment expense on these restricted stock units on a graded vesting basis from grant date to 2024. A summary of the Company’s POP plan activity for the years ended December 31, 2023, 2022, and 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average grant ​ ​ Number of ​ date Fair Value per ​ shares option/share Outstanding options as of January 1, 2021 3,475 ​ € 1,352.74 Granted 68 ​ € 4,081.36 Forfeited before IPO-date (79) ​ € 1,352.74 Conversion to restricted share units 1,199,364 ​ € 3.91 Forfeited after the IPO date (13,706) ​ € 3.91 Vested (350,174) ​ € 3.91 Unvested restricted shares as of December 31, 2021 835,484 ​ € 3.91 Vested (269,131) € 3.91 Forfeited (45,302) ​ € 3.91 Unvested restricted shares as of December 31, 2022 ​ 521,051 ​ € 3.91 Vested ​ (233,579) ​ € 3.91 Forfeited ​ (61,268) ​ € 3.91 Unvested restricted shares as of December 31, 2023 226,204 ​ € 3.91 ​ For the years ended December 31, 2023 and 2022, there were no awards granted under the POP. For the years ended December 31, 2023, 2022, and 2021, a total share-based payment expense of €0.2 million, €0.7 million, and €1.7 million, respectively, has been recognized within personnel expenses in the consolidated statements of profit or loss and other comprehensive income and corresponding credit has been recognized in retained earnings within the consolidated statements of changes in equity. Management participation plan The Management Participation Plan (“MPP”) was established in May 2019 to enable the directors and employees of the Company to invest in Sportradar, pursuant to which participants indirectly purchased participation certificates of Sportradar Holding AG through Slam InvestCo S.à r.l. (“MPP Co”), a special purpose vehicle established to hold participation certificates of Sportradar Holding AG for the MPP. In connection with the Company’s initial public offering, MPP participants contributed their shares of MPP Co to Sportradar Group AG and MPP Co became a subsidiary of Sportradar Group AG. The MPP participants, in exchange, received Class A ordinary shares, a portion of which was vested and no longer subject to repurchase and a portion of which was initially unvested and subject to repurchase by the Company upon a termination of employment in certain circumstances. 35% of each participant’s Class A ordinary shares vested immediately upon the consummation of the Company’s initial public offering. The remaining 65% have vested or will vest in three substantially equal installments on each of December 31, 2022, 2023 and 2024. At January 1, 2021, there were outstanding share awards of 295,082. For the year ended December 31, 2021, the total number of share awards granted under the MPP were 7,501 of which 3,589 were forfeited, resulting in a total number of outstanding share awards of 298,994. At the date of the IPO in 2021, the MPP participants received 9,566,464 Class A ordinary shares as part of the Reorganization Transactions. The new share awards were issued at €108.66 per share award. The fair value of these share awards was determined to be €759.84 per share award and was based on a valuation conducted in connection with a potential acquisition of the Company and bids received from independent third parties. A summary of the Company’s MPP plan activity for the years ended December 31, 2023 and 2022 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average grant ​ ​ Number of ​ date Fair Value per ​ shares option/share Unvested restricted shares as of January 1, 2022 5,635,029 ​ € 759.84 Vested (1,962,796) ​ € 759.84 Forfeited (293,583) ​ € 759.84 Unvested restricted shares as of December 31, 2022 3,378,650 ​ € 759.84 Vested (1,905,966) € 759.84 Unvested restricted shares as of December 31, 2023 1,472,684 € 759.84 ​ For the years ended December 31, 2023 and 2022, there were no awards granted under the MPP. For the years ended December 31, 2023, 2022, and 2021 the Company recognized share-based compensation expense of €0.2 million, €0.3 million, and €5.6 million in the consolidated statements of profit or loss and other comprehensive income, respectively, and corresponding credit has been recognized in retained earnings within the consolidated statements of changes in equity. NBA warrants On November 16, 2021, Sportradar entered into an eight-year exclusive binding partnership arrangement (the “NBA Partnership Agreement”) with the NBA pursuant to which the NBA will use Sportradar’s capabilities with respect to data collection, tracking and betting feeds, as well as Sportradar’s Integrity services, commencing with the 2023-2024 season for an eight-year term. In consideration of the rights and benefits granted under the NBA Partnership Agreement, the Company has agreed to pay the NBA the applicable annual license fees. The Company also agreed to grant the NBA warrants that, once vested, are exercisable for an aggregate number of Class A ordinary shares equal to 3.00% of the total number of Class A ordinary shares outstanding on a fully diluted, as-converted basis, as of the date of the NBA Partnership Agreement, at an exercise price of $0.01 per share. The warrants are subject to an eight-year vesting schedule commencing in 2023, with 20% of the warrants vesting upon execution of the NBA Partnership Agreement. In the year ended December 31, 2021, the Company treated the vesting of 20% of the warrants as prepayment with a corresponding credit in additional paid-in capital. The license commenced on October 1, 2023 at which date 100% of the warrants were revalued at fair value. The fair value of equity instruments granted are part of cost of the license asset at a total value of €87.3 million and the corresponding credit is recognized in additional paid-in capital during the year ended December 31, 2023 in the amount of €52.0 million. The inputs used in the measurement of the option to acquire up to 9,229,797 Class A shares at the commencement date of the license were as follows: ​ ​ ​ ​ ​ ​ Valuation inputs: October 1, 2023 Valuation model ​ Black-Scholes model ​ Share price at grant date 1 $ 10.01 ​ Exercise price 2 $ 0.01 ​ Expected volatility (average) 3 ​ 46.4 % Expected term 4 ​ 0.25-8 years Risk-free interest rate (average) 5 ​ 4.79 % 1 Closing ordinary share price on Friday, September 29, 2023. 2 Based on contractual terms. 3 Calculated based on comparable companies’ historical volatilities based on industry and size over a time period commensurate with the options’ expected term for each vesting tranche. 4 Options are assumed to be exercised immediately upon entering exercise window. 5 Based on the U.S. Constant Maturity Treasury yield curve equal or approximate to options’ expected term as of the valuation date. The Company recognizes compensation costs related to the NBA warrants within amortization expenses in the consolidated statements of profit or loss and other comprehensive income during the contract term, starting at the commencement date until September 30, 2031. Amortization expense related to the NBA warrants recognized in the year ended December 31, 2023 was €3.6 million. A summary of the Company’s NBA warrants activity for the years ended December 31, 2023, 2022 and 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average exercise ​ ​ warrants ​ price Granted and outstanding as of October 1, 2021 9,229,797 ​ $ 0.01 Vested and exercisable (1,845,959) ​ $ 0.01 Unvested as of December 31, 2021 7,383,838 ​ $ 0.01 Unvested as of December 31, 2022 7,383,838 ​ $ 0.01 Vested and exercisable ​ (230,745) ​ $ 0.01 Unvested as of December 31, 2023 7,153,059 ​ $ 0.01 ​ As of December 31, 2023 and 2022, total exercisable warrants are 2,076,704 and 1,845,959, respectively. As of December 31, 2023, no warrants have been exercised. ​ NHL warrants On July 22, 2021, Sportradar entered into a 10 - year global partnership with the National Hockey League (“NHL”) (the “License Agreement”). Under the terms of the License Agreement, Sportradar is named as the official betting data rights, official betting streaming rights and official media data rights partner of the NHL, as well as an official integrity partner of the NHL. Pursuant to the License Agreement, Sportradar granted the NHL the right to acquire (i) an aggregate of up to 1,116,540 Class A ordinary shares for an exercise price of $8.96, which was exercised in 2021, and (ii) an additional amount of Class A ordinary shares calculated by dividing $30.0 million by the IPO price per share, which was not exercised and expired. Additionally, the Company granted the NHL a warrant to purchase 1,353,740 Class A ordinary shares at a subscription price of $23.45 per Class A ordinary share that remains outstanding but unvested. The inputs used in the measurement of the option to acquire up to 1,116,540 Class A shares were as follows: ​ ​ ​ ​ ​ ​ Valuation inputs: 2021 Valuation model Black-Scholes model ​ Share price at grant date ​ $ 27.00 ​ Exercise price ​ $ 8.96 ​ Expected volatility (weighted-average) ​ 30 % Expected term (as of September 14, 2021) ​ 0 ​ Risk-free interest rate (based on U.S. government bond) ​ 0.04 % ​ The inputs used in the measurement of the warrant were as follows: ​ ​ ​ ​ ​ ​ Valuation inputs: 2021 Valuation model Cox-Ross-Rubinstein binominal model ​ Share price at grant date ​ $ 27.00 ​ Exercise price ​ $ 23.45 ​ Expected volatility (weighted-average) ​ 30 % Expected term ​ 120 months Risk-free interest rate (based on U.S. government bond) ​ 1.28 % ​ A summary of the Company’s NHL warrants activity for the years ended December 31, 2023, 2022 and 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average exercise ​ ​ warrants ​ price Granted and outstanding as of July 22, 2021 1,353,740 ​ $ 23.45 Unvested as of December 31, 2021 1,353,740 ​ $ 23.45 Unvested as of December 31, 2022 ​ 1,353,740 ​ $ 23.45 Unvested as of December 31, 2023 1,353,740 ​ $ 23.45 ​ As of December 31, 2023, 2022, and 2021, the warrant is not vested and therefore cannot be exercised. The fair value of equity instruments granted are part of cost of the license asset and the corresponding credit is recognized in additional paid-in capital in the amount of €28.0 million. Amortization expense related to the NHL warrants recognized in the years ended December 31, 2023, 2022, and 2021 was €3.1 million, €3.6 million, and €0.8 million, respectively.

Subsequent events

Subsequent events	12 Months Ended
	Dec. 31, 2023
Subsequent events
Subsequent events	Note 32. Subsequent events On January 24, 2024, the Company announced additional strategic actions as part of its previously announced initiatives on November 1, 2023 to streamline its organizational structure to enhance focus on clients and partners, drive global innovation and product development, and propel long-term growth, profitability, and shareholder value. The additional one-time termination benefits incurred are expected to be approximately €1.1 million. On March 18, 2024, the Board of Directors approved a $200 million share buyback program. The Company anticipates commencing purchases under the program during 2024.

List of consolidated entities a

List of consolidated entities and associates	12 Months Ended
	Dec. 31, 2023
List of consolidated entities and associates
List of consolidated entities and associates	Note 33. List of consolidated entities and associates ​ ​ ​ ​ ​ ​ ​ Share of capital December 31, December 31, in% ​ 2023 ​ 2022 Holding ​ Sportradar Group AG, Switzerland ​ Subsidiaries ​ Sportradar AG, Switzerland 99.99 % 99.99 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 70 % 70 % u 70 % 70 % u 70 % 70 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u — ​ 100 % u — ​ 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u ​ 100 % — ​ Sportradar Jersey Holding Ltd, UK 100 % 100 % Sportradar Management Ltd, UK 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % Associated companies that are accounted for under the equity method ​ u 42.58 % 42.58 % u — ​ 49 % ​

Material accounting policy in_2

Material accounting policy information (Policies)	12 Months Ended
	Dec. 31, 2023
Material accounting policy information
New and amended standards and interpretations	2.1 New and amended standards and interpretations The following IFRS amendments and interpretations are effective from January 1, 2023: ● IFRS 17 and amendments to IFRS 17: Insurance Contracts ● Amendments to IAS 8: Definition of Accounting Estimates ● Amendments to IAS 12: Deferred Tax related to Assets and Liabilities arising from a Single Transaction ● Amendments to IAS 1 and IFRS Practice Statement 2: Disclosure of Accounting Policies ● Amendments to IAS 12: International Tax Reform – Pillar Two Model Rules The amendments to IAS 8 clarify the distinction between changes in accounting estimates, changes in accounting policies and the correction of errors. They also clarify how entities use measurement techniques and inputs to develop accounting estimates. The amendments to IAS 1 and IFRS Practice Statement 2 provide guidance and examples to help entities apply materiality judgements to accounting policy disclosures. The amendments aim to help entities provide accounting policy disclosures that are more useful by replacing the requirement for entities to disclose their ‘significant’ accounting policies with a requirement to disclose their ‘material’ accounting policies and adding guidance on how entities apply the concept of materiality in making decisions about accounting policy disclosures. The amendments to IAS 8, IAS 1, and IFRS Practice Statement 2 have had an impact on the Company’s disclosures of accounting policies related to the use of estimates, judgements and assumptions in Note 2.3, but not on the measurement, recognition or presentation of any items in the Company’s consolidated financial statements. On May 23, 2023, the International Accounting Standards Board issued International Tax Reform—Pillar Two Model Rules – Amendments to IAS 12 . The amendments clarify that IAS 12 applies to income taxes arising from tax law enacted or substantively enacted to implement the Pillar Two model rules published by the Organization for Economic Co-operation and Development (“OECD”), including tax law that implements Qualified Domestic Minimum Top-up Taxes. Such tax legislation, and the income taxes arising from it, are referred to as ‘Pillar Two legislation’ and ‘Pillar Two income taxes’, respectively. The amendments provide a temporary mandatory exception from deferred tax accounting for the top-up tax, which is effective immediately, and require new disclosures about the Pillar Two exposure. The mandatory exception applies retrospectively. Pillar Two legislation has been enacted or substantively enacted in certain jurisdictions in which the Company operates. However, this legislation does not apply to the Company as its consolidated revenue is lower than €750 million. The Company will disclose known or reasonably estimable information to understand the Company’s exposure to Pillar Two income taxes when the legislation is in scope for the Company. Amendments to IFRS 10 and IAS 28: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture Consolidated Financial Statements Investments in Associates and Joint Ventures
Standards and interpretations issued but not yet effective	2.2 Standards and interpretations issued but not yet effective The following new and revised standards and interpretations are issued but are not yet effective and were not early adopted by the Company in preparing these consolidated financial statements. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Planned ​ ​ ​ ​ application by ​ ​ Effective ​ Sportradar in Standard or interpretation date reporting year Amendments to IFRS 16: Lease Liability in a Sale and Leaseback January 1, 2024 2024 Amendments to IAS 1: Classification of Non-current liabilities with covenants January 1, 2024 2024 Amendments to IAS 1: Classification of Liabilities as Current or Non-current January 1, 2024 2024 Amendments to IAS 7 and IFRS 7: Supplier Finance Arrangements ​ January 1, 2024 ​ 2024 Amendments to IAS 21: Lack of Exchangeability ​ January 1, 2025 ​ 2025 ​ The above new standards, new interpretations and amended standards are not expected to have a material impact on the consolidated financial statements of the Company.
Use of judgments, estimates and assumptions	2.3 Use of judgments, estimates and assumptions In preparing the consolidated financial statements, management is required to make judgments, estimates and assumptions that affect the application of the Company’s accounting policies and the reported amounts of revenue and expenses, assets, liabilities and disclosure of contingent assets and liabilities. Management considers an accounting judgment, estimate or assumption to be critical when (1) the estimate or assumption is complex in nature or requires a high degree of judgment and (2) the use of different judgments, estimates and assumptions could have a material impact on the Company’s consolidated financial statements. The most significant of these estimates and assumptions relate to accounting for newly acquired or modified sport rights licenses, assessing the fair value of acquired assets and liabilities accounted for through business acquisitions and fair value of consideration transferred, and goodwill impairment. Management evaluates its estimates on an ongoing basis using the most current and available information. However, actual results may differ significantly from estimates. Changes in estimates are recorded in the period in which they become known. a) Newly acquired or modified sport rights licenses The Company typically enters into license agreements with sports leagues for the right to supply data and/or live video feeds to the betting industry and the media, among others. As described in Note 2.9 below, certain license agreements fulfill the definition of an intangible asset. For license agreements that meet the definition of an intangible asset, there remains uncertainty regarding the timing of initial recognition as an intangible asset and whether those agreements could be considered as executory contracts that should only lead to asset recognition when payments are made. IFRS does not provide industry specific guidance for such license agreements. Therefore, the general recognition requirements of IAS 38 Intangible assets At initial recognition, license assets are measured at cost. As described in Note 2.9 below, costs include the discounted contractually agreed and in-substance fixed minimum license payments over the non-cancellable contract term, amounts arising from barter transactions and fair value of equity instruments granted. Due to the varied and complex payment terms and conditions of license agreements, determination of contractually-agreed and in-substance fixed minimum license payments for each capitalized license asset involves a significant degree of judgement. The fair value of equity instruments rely on valuation models with input assumptions for volatility, expected term, and risk-free rate. Management’s estimates of fair value are based upon assumptions believed to be reasonable, but are inherently uncertain and unpredictable and, as a result, actual values may differ from estimates. b) Fair value acquired assets and liabilities in business combinations and fair value of consideration transferred The Company accounts for acquisitions in accordance with IFRS 3 Business Combinations Sportradar’s estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual values may differ from estimates. Allocation of consideration transferred to identifiable assets and liabilities affects the Company’s amortization expense, as acquired finite-lived intangible assets are amortized over their useful lives, whereas any indefinite lived intangible assets, including goodwill, are not amortized. c) Goodwill impairment In accordance with IAS 36 Impairment of assets An impairment is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of its value in use and its fair value less costs to sell. The Company determines the recoverable amount of a CGU on the basis of its value in use. The determination of a recoverable amount includes management’s consideration of key internal inputs and external market conditions such as future prices, growth rate, and customer demand, which impact future cash flows and the determination of the most appropriate discount rate. Impairment tests of goodwill are performed based on the financial budgets most recently prepared by the Company. The budgets are based on historical experience and represent management’s best estimates about future developments. Budgeted EBITDA was estimated taking into account the average cash flow growth levels experienced over the past years and the estimated sales volume and price growth for the next two years. Sales volumes, sales prices and variable cost assumptions are derived from industry forecasts, forecasts for the regions in which the Company operates, internal management projections and past performance. Cash flow projections beyond the budget period are applied to the CGUs for the following one year with transition into perpetuity. They are based on internal management projections. For CGUs United States and RoW Other, cash flows after the budget period are extrapolated for a further seven years using declining growth rates and a terminal growth rate thereafter. Both CGUs are in the investment phase and management expects they will be profitable in a longer run. Therefore, management extended the time horizon for the extrapolated periods beyond five years as presumed by IAS 36. The cash flows are initially discounted at a rate corresponding to the post-tax cost of capital. Pre-tax discount rates are then determined iteratively for disclosure purposes. The resulting value in use for each CGU is then compared to the carrying amount of the CGU. The key assumptions used in the 2023 annual impairment test are disclosed in Note 13.1.
Business combinations	2.4 Business combinations The Company applies the acquisition method to account for business combinations. The consideration transferred for the acquisition of a subsidiary is the fair values of the assets transferred, the liabilities incurred to the former owners of the acquired entity and the equity interests issued by the Company. The consideration transferred includes the fair values of any asset or liability resulting from a contingent consideration arrangement. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. The Company recognizes any non-controlling interest in the acquired entity at the non-controlling interest’s proportionate share of the recognized amounts of the acquired entity’s identifiable net assets. Acquisition-related costs are expensed as incurred. Any contingent consideration to be transferred by the Company is recognized at fair value at the acquisition date. Subsequent changes in the fair value of the contingent consideration, that is deemed to be an asset or liability, are recognized in the consolidated statements of profit or loss and other comprehensive income. For further information on business combinations, refer to Note 3.
Foreign currency	2.5 Foreign currency In preparing the financial statements of individual entities of the Company, transactions in foreign currencies are translated to the respective functional currency of Group companies using the exchange rate prevailing at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are subsequently translated to the functional currency at the exchange rate at the reporting date. Non-monetary assets and liabilities that are measured based on historical cost in a foreign currency are not subsequently translated. When translating the subsidiary’s respective functional currencies into Sportradar’s presentation currency, which is Euro, assets and liabilities of foreign operations, including goodwill and fair value adjustments arising on acquisition are translated using the exchange rates at the reporting date. Income and expense items are translated using the average exchange rates prevailing during the year. Equity is translated at historical exchange rates. All resulting foreign currency translation differences are recognized in other comprehensive income and accumulated in the foreign currency translation reserve. If a foreign operation is entirely disposed of or control is lost due to a partial disposal, the cumulative amount of the translation reserve relating to that foreign operation is reclassified to profit or loss and is part of the gain or loss on disposal.
Revenue from contracts with customers	2.6 Revenue from contracts with customers The Company derives revenue mainly from service contracts with customers. Revenue from contracts with customers is recognized when it transfers control over a service to a customer at an amount that reflects the consideration to which the Company expects to be entitled in exchange for those services. Refer to Note 4 for an overview of the performance obligations and revenue recognition within Sportradar.
Purchased services and licenses	2.7 Purchased services and licenses Cost of purchased services consists primarily of licenses and sports rights that have not been capitalized, fees paid to data journalists and freelancers for gathering sports data, fees to sales agents, production costs, consultancy fees, IT development costs, as well as internet data traffic costs and cloud (hosting) costs and other external service costs. These costs are primarily expensed as they are incurred. This financial statement caption does not include depreciation or amortization expense (as further summarized in Note 13 and Note 14).
Income taxes	2.8 Income taxes Income taxes include current and deferred income taxes. Income taxes are recognized in profit or loss except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which case it is recognized in other comprehensive income or directly in equity, respectively. Current income taxes relate to all taxes levied on taxable income of the consolidated companies. It is calculated using tax rates that are enacted or substantively enacted at the reporting date, and any adjustment to tax payable in respect of previous years. Other taxes such as property taxes or excise taxes are classified as other operating expenses. Deferred tax assets and liabilities are recognized in the consolidated statements of financial position for all temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and their tax bases as well as for unused tax credits and unused tax losses carried forward. However, deferred tax is not recognized for temporary differences on the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss, and if the temporary difference arose from the initial recognition of goodwill. Temporary differences relating to investments in subsidiaries are not recognized to the extent the Company is able to control the timing of the reversal of the temporary differences and it is probable that they will not reverse in the foreseeable future. Deferred tax assets are recognized for unused tax losses, unused tax credits and deductible temporary differences only to the extent that it is probable that future taxable income will be available against which they can be utilized. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. For purposes of calculating deferred tax assets and liabilities, the Company applies tax rates that are expected to be applied to temporary differences when they reverse, based on tax rates that are enacted or substantively enacted at the reporting date. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets and they relate to the same taxation authority or different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously, in each future period in which significant amounts of deferred tax liabilities or assets are expected to be settled or recovered. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously. For further details, refer to Note 11.
Intangible assets	2.9 Intangible assets Intangible assets are identifiable non-monetary assets without physical substance. An asset is a resource that is controlled by the entity as a result of past events (for example, purchased or self-created) and from which future economic benefits (inflows of cash or other assets) are expected. IAS 38 requires an entity to recognize an intangible asset, whether purchased or self-created (at cost) if, and only if: ● it is probable that the future economic benefits that are attributable to the asset will flow to the entity; and ● the cost of the asset can be measured reliably. License agreements Sportradar typically enters into license agreements with sports leagues for the right to supply data and/or live video feeds to the betting industry and the media, among others. Those license agreements may include rights to live and past game data, live videos and marketing rights. Such license agreements fulfil the definition of an asset except where rights granted solely relate to live events (i.e., live data and/or videos). Such license agreements fulfil the definition of an intangible asset because they arise from contractual rights and are therefore considered identifiable non-monetary assets without physical substance. In addition, the Company also exercises control over the rights granted because the Company is able to obtain future economic benefits (income from selling official data and/or videos) and can restrict others from doing so. License agreements that meet the definition of an intangible asset and meet the recognition criteria are recognized as license intangible assets at commencement of the license term. License agreements that do not meet the definition of an intangible asset or do not meet the recognition criteria are recognized as expenses when they occur. At initial recognition, license assets are measured at cost. Costs include the contractually agreed and in-substance fixed minimum license payments over the non-cancellable contract term. These payments are discounted using the market interest rate at initial recognition. Furthermore, amounts arising from barter transactions are included in the cost of the license asset and recognized as contract liability. Variable payments determined to not represent minimum license payments over the non-cancellable contract term (e.g., based on revenues) are not part of the cost and are recognized as expenses when they occur. The fair value of equity instruments granted are part of cost of the license asset and the corresponding credit is recognized in additional paid-in capital. After initial recognition, license assets are carried at cost less accumulated amortization and impairment losses. The useful lives are based on the license term (2 – 10 years). The amortization method used reflects the pattern in which the asset’s future economic benefits are expected to be consumed. If that pattern cannot be determined reliably, the straight-line method is used. The consumption of economic benefits is influenced by the license term as well as the underlying schedule for the respective sports league. The Company generally amortizes its license agreements on a straight-line basis over the respective seasons. Amortization expense is recorded under depreciation and amortization in the consolidated statements of profit or loss and other comprehensive income. For changes in payments resulting from re-negotiations due to reduced benefits from the license management applies the following accounting policy. Credit notes received from the sport rights holders are recognized against license fees payables included within trade payables in the consolidated statements of financial position. The same amount is then recognized as a disposal of the respective intangible asset considering the lower service potential due to suspension and cancellation of sporting events. Internally-developed software Research costs are expensed as incurred, and development costs are only recognized as internally-developed software (internally generated intangible assets) if all recognition criteria stipulated in IAS 38 are met. Only expenses that can be directly allocated to development projects are capitalized. The estimated useful lives and amortization method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. ​ ​ ​ ​ ​ Estimated useful life in years Internally-developed software in use 3 –5 ​ The amount initially recognized for internally-developed software is the sum of the expenditure incurred from the date when the intangible asset first meets the recognition criteria. Subsequent to initial recognition, development costs are measured at cost less accumulated amortization and any accumulated impairment losses. Goodwill Goodwill is initially measured at cost, being the excess of the aggregate consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the fair value of the identifiable assets acquired and liabilities assumed. If the fair value of the net assets acquired is in excess of the aggregate consideration transferred, the Company reassesses whether it correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognized at the acquisition date. If the reassessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognized in the consolidated statements of profit or loss and other comprehensive income of the year. Goodwill arising from acquisition of subsidiaries is subsequently measured at cost less accumulated impairment losses. Other intangible assets Other intangible assets with definite useful lives are measured at cost less accumulated amortization and any accumulated impairment losses. Subsequent expenditure is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditure is recognized in the consolidated statements of profit or loss and other comprehensive income as incurred. Generally, intangible assets are amortized on a straight-line basis over the shorter of their contractual term or their estimated useful lives. The following useful lives are applied: ​ ​ ​ ​ ​ ​ Estimated useful Intangible asset life in years Brand name ​ 5 Customer base ​ 5 -10 Technology ​ 2 -10 ​ The amortization expense is recorded under depreciation and amortization in the consolidated statements of profit or loss and other comprehensive income. The expense of low value assets is recorded in other operating expenses. Other intangible assets with indefinite useful lives as well as goodwill are not amortized but tested for impairment annually. Impairment losses on these assets are presented as a separate line in the consolidated statements of profit or loss and other comprehensive income.
Property and equipment	2.10 Property and equipment Items of property and equipment are measured at cost less accumulated depreciation and any accumulated impairment losses. Property and equipment are depreciated on a straight-line basis over the estimated useful life of the assets: ​ ​ ​ ​ ​ ​ Estimated useful Property and equipment life in years Office buildings ​ 5 -12 Other facilities and equipment ​ 3 -15 ​ The estimated useful lives and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Maintenance and repairs are expensed as incurred. Depreciation expense of property and equipment is recorded under depreciation and amortization in the consolidated statements of profit or loss and other comprehensive income.
Impairment of non-financial assets	2.11 Impairment of non-financial assets The Company assesses at each reporting date, whether there is a trigger that non-financial assets might be impaired. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Irrespective of whether there is any indication of impairment, the Company tests goodwill acquired in a business combination, intangible assets not yet available for use and intangible assets with an indefinite useful life for impairment at least annually. For impairment testing, assets are grouped together into the smallest group of assets that generate cash inflows from continuing use that are largely independent of the cash inflows of other assets or cash generating units (“CGU”). Goodwill arising from a business combination is allocated to the CGUs that are expected to benefit from the synergies of the business combination, irrespective of whether other assets or liabilities of the acquiree are assigned to these units. An impairment loss is recognized when an asset’s or CGU’s carrying amount exceeds its recoverable amount. The recoverable amount is the greater of its fair value less costs to sell and its value in use. Value in use is based on the estimated future cash flows expected to arise from the continued use of the asset or from its eventual disposal, discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or CGU. If these tests result in an impairment, the relating loss is reported as a separate line in the consolidated statements of profit or loss and other comprehensive income. On the consolidated statements of financial position, impairment losses are allocated first to reduce the carrying amount of any goodwill allocated to the CGU and then to reduce the carrying amounts of the other assets in the CGU on a pro rata basis. For further details, refer to Note 13. If there is any indication that the considerations which led to an impairment no longer exists, the Company will consider the need to reverse all or a portion of the impairment charge except for goodwill. This reversal is limited so that the carrying amount of the asset does not exceed its recoverable amount, nor exceed the carrying amount that would have been determined, net of depreciation or amortization, had no impairment loss been recognized in prior years.
Leases	2.12 Leases The Company leases property (office buildings). The leases are individually negotiated and include a variety of different terms and conditions in different countries but run for a period of one to 18 years . The period, where applicable, includes also extension options according to the contracts. The Company as a lessee A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Measurement and recognition of leases as a lessee At the lease commencement date, the Company recognizes a right-of-use asset and a lease liability. The right-of-use asset is initially measured at cost, which is made up of the initial measurement of the liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and, if applicable, an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. The Company subsequently depreciates the right-of-use asset on a straight-line basis from the commencement date to the end of the lease term and adjusts for certain remeasurements of the lease liability. The Company also assesses the right-of-use asset for impairment if any indicators exist. At the lease commencement date, the Company measures the lease liability at the present value of the lease payments unpaid at that date, discounting using a market rate of interest that the Company would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment. Lease payments included in the measurement of the lease liability are made up of fixed payments (including in substance fixed payments), variable payments based on an index or rate, and, if applicable, amounts expected to be payable under a residual value guarantee, payments arising from options reasonably certain to be exercised and penalties for early termination of a lease unless the Company is reasonably certain not to terminate early. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in the Company’s estimate of the amount of the amount expected to be payable under a residual value guarantee, if the Company changes its assessment of whether it will exercise a purchase, extension or termination option or if there is a revised in-substance fixed lease payment. When the lease liability is remeasured, a corresponding adjustment is made to the carrying amount of the right-of-use asset or is recorded in profit or loss if the carrying amount of the right-of-use asset has already been reduced to zero. On the consolidated statements of financial position, right-of-use assets are presented within property and equipment while lease liabilities are presented within loans and borrowings. Short-term leases and leases of low-value assets The Company has elected not to recognize right-of-use assets and lease liabilities for leases of low-value assets and short-term leases, including other facilities and equipment. The payments in relation to these leases are recognized in the consolidated statements of profit or loss and other comprehensive income on a straight-line basis over the lease term.
Financial instruments	2.13 Financial instruments Initial recognition and derecognition Trade receivables and debt securities are initially recognized on their date of origination. All other financial assets and financial liabilities are initially recognized when the Company becomes a party to the contractual provisions of the instrument. A financial asset (unless it is a trade receivable without a significant financing component) or financial liability is initially measured at fair value plus (for financial assets) or minus (for financial liabilities), for an item not at measured at fair value through profit or loss (“FVTPL”), transaction costs that are directly attributable to its acquisition or issue. A trade receivable without a significant financing component is initially measured at the transaction price. The Company derecognizes financial assets when the contractual right to the cash flows expires or the assets are transferred, and the Company has neither retained the contractual rights to receive cash nor assumes any obligations to pay cash from the assets. Classification and measurement Financial Assets Cash and cash equivalents Cash comprises cash on hand and demand deposits. Cash equivalents are short-term (maximum 3 months), highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. Cash and cash equivalents include bank accounts, petty cash and cash held by the Company. Financial assets measured at amortized cost Loans, receivables and cash accounts are subsequently measured at amortized cost using the effective interest rate method. The amortized cost is reduced by impairment losses, if any. Gains and losses are recognized in the consolidated statements of profit or loss and other comprehensive income when the asset is derecognized, modified or impaired. Financial assets measured at fair value On initial recognition, all financial assets are either classified as asset measured at amortized cost or fair value through other comprehensive income (“FVOCI”), otherwise the financial asset is measured at FVTPL. Financial assets measured at FVOCI comprise equity investments and are subsequently measured at fair value. Net gains and losses from remeasurement of fair value are recognized in other comprehensive income. Financial assets measured at FVTPL are subsequently measured at fair value. Net gains and losses from remeasurement of fair value are recognized in profit or loss. Financial and other liabilities The Company’s financial liabilities include borrowings, trade payables, lease liabilities and other liabilities which are financial instruments. Financial liabilities are classified as liabilities measured at amortized cost or at FVTPL. Financial liabilities measured at amortized cost Financial liabilities are subsequently measured at amortized cost using the effective interest method. Interest expense and foreign exchange gains and losses are recognized in the consolidated statements of profit or loss and other comprehensive income. Any gain or loss on derecognition is also recognized in the consolidated statements of profit or loss and other comprehensive income. Financial liabilities measured at FVTPL A financial liability is classified as a liability measured at FVTPL if it is designated as such on initial recognition. These are measured at fair value and net gains and losses, including any interest expense, are recognized in the consolidated statements of profit or loss and other comprehensive income. Derecognition The Company derecognizes a financial liability when contractual obligations are discharged or cancelled or expire. The Company also derecognizes a financial liability when terms are modified and the cash flows of the modified liability are substantially different, in which case a new financial liability based on the modified terms is recognized at fair value. On derecognition of a financial liability, the difference between the carrying amount extinguished and the consideration paid (including any non-cash assets transferred or liabilities assumed) is recognized in the consolidated statements of profit or loss and other comprehensive income. Offsetting Financial assets and financial liabilities are offset, and the net amount presented in the statements of financial position when, and only when, the Company has a then legally enforceable right to offset the amounts and it intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously. Impairment for financial assets and contract assets Trade receivables and contract assets Impairment is measured based on an expected credit loss (“ECL”) model. The Company measures loss allowances for trade receivables and contract assets at an amount equal to lifetime ECLs. The Company considers a financial asset to be in default if the borrower is unlikely to pay its credit obligations to the Company in full or the financial asset is more than 90 days overdue. The Company applies a practical expedient to calculate ECLs on receivables and contract assets that do not contain a significant financing component using a provision matrix. This matrix is based on information such as delinquency status and actual credit loss experience over the last four years (on historical data) and based on current and forward-looking information on macroeconomic factors. The provision matrix is applied to all outstanding trade receivables by aging group to determine the actual ECL. The Company considers the contract assets to be current and use the same default rate as the “not overdue” trade receivables aging bucket to calculate the ECL provision. The provision matrix is not applied to financial assets which are already impaired by individual allowances. Credit-impaired financial assets At each reporting date, the Company assesses whether a financial asset carried at amortized cost is credit impaired. A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred. The Company considers the change in the risk of a default occurring over the expected life of the financial asset instead of a change in the ECL. The Company’s assessment uses the lifetime probability of default method. A credit loss will be calculated as the difference between the cash flows that are due in accordance with the contract/agreement and the cash flows that the Company expects to receive, discounted at the original effective interest rate of the financial instrument. Presentation of allowance for ECL in the consolidated statements of financial position The expected credit loss allowance for each type of financial asset (i.e., trade receivables) is deducted from the gross carrying amount of the assets (i.e., contra-asset). Impairment losses are shown separately on the face of the consolidated statements of profit or loss and other comprehensive income. Write-off Write-offs are recognized when the Company has no reasonable expectations of recovering a financial asset either in its entirety or a portion thereof. The Company assesses after 180 days whether or not a trade receivable needs to be written off.
Interests in equity-accounted investees	2.14 Interests in equity-accounted investees Associates are those entities in which the Company has significant influence, but not control or joint control, over the financial and operating policies. Interests in associates are accounted for using the equity method. They are initially recognized at cost, which includes transaction costs. Subsequent to initial recognition, the consolidated financial statements include the Company’s share of the profit or loss and other comprehensive income of equity-accounted investees until the date on which significant influence ceases. If there are objective indications that an investment in an equity-accounted investee is impaired, the recoverable amount is calculated on the basis of the estimated future cash flows expected to be generated by the respective entity.
Ordinary shares	2.15 Ordinary shares Ordinary shares are classified as equity since the shares are non-redeemable and dividends are discretionary. Incremental costs directly attributable to the issue of ordinary shares are recognized as a deduction from equity, net of any tax effects.
Participation certificates	2.16 Participation certificates Participation certificates are shares without voting rights. Since they are non-redeemable and dividends are also discretionary, they are classified as equity. The previously issued participation certificates were converted to ordinary shares in 2021.
Share-based payments	2.17 Share-based payments Employees and directors of the Company and third parties receive remuneration in the form of share-based compensation awards. The cost of equity-settled awards is measured at fair value at the date of grant using an appropriate valuation model. The cost is recognized in personnel expenses (for employees and directors of the Company) and other expenses (for third parties) in the consolidated statements of profit or loss and other comprehensive income, respectively, as an asset for goods received in case of equity grants for goods, together with a corresponding credit to additional paid-in capital. The cost related to employees and directors of the Company is recognized on a graded vesting basis over the vesting period. The cost related to third parties is recognized on a straight-line basis over the period in which goods or services are received. The cumulative expense recognized for equity-settled awards at each reporting date until the applicable vesting date(s) reflects the Company’s best estimate of the number of equity instruments that will ultimately vest. At each reporting date, the Company revises its estimate of the number of equity instruments expected to vest. The impact of the revision of the original estimates, if any, is recognized in the consolidated statements of profit or loss and other comprehensive income such that the cumulative expense reflects the revised estimate, with a corresponding adjustment to equity reserves. For further details on share-based payments, refer to Note 31.
Post-employment benefit plans	2.18 Post-employment benefit plans Defined benefit plans The Company’s net obligation or asset in respect of defined benefit pension plans is the present value of the defined benefit obligation at the end of the reporting period less the fair value of plan assets. The defined benefit obligation is calculated annually by independent actuaries. Remeasurements of the net defined benefit obligation are recognized directly in other comprehensive income. Service costs are recognized in the period they are incurred as an expense (income) under personnel expenses in the consolidated statements of profit or loss and other comprehensive income. The Company recognizes gains and losses on settlement of a defined benefit plan as an expense (income) under personnel expenses when the settlement occurs. The net interest expense or income is recognized in other financial expense (income). The Company determines the net interest expense (income) by applying the discount rate used to measure the defined benefit obligation at the beginning of the annual period to the then-net defined benefit liability or asset taking into account changes in the net defined benefit liability or asset during the period as a result of contributions and benefit payments. Defined contribution plans The contributions to defined contribution plans are recognized as an expense as the related service is provided. Prepaid contributions are recognized as an asset to the extent that a cash refund or a reduction in future payments is available.
Provisions	2.19 Provisions Provisions are recognized when the Company has a present legal or constructive obligation as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.
Earnings per share	2.20 Earnings per share Basic earnings available to ordinary shareholders per share is computed based on the weighted average number of ordinary shares outstanding, net of weighted average treasury shares held during the period. For diluted earnings per share, the weighted average number of ordinary shares outstanding during the period, net of weighted average treasury shares held during the period, is adjusted to assume conversion of all dilutive potential ordinary shares. At present these include share awards granted to employees, directors, and non-employees.
Segment reporting	2.21 Segment reporting The Company has applied the criteria set by IFRS 8 Operating segments

General information (Tables)

General information (Tables)	12 Months Ended
	Dec. 31, 2023
General information
Summary of effect of reorganization on components of equity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class A ​ Class B ​ ​ ​ ​ Capital and reserves ​ ordinary ​ ordinary ​ ​ ​ Particip. in number of shares shares shares Shares certificates Reorganization transactions 180,341,159 903,670,701 (344,611) (158,709) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital and reserves ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ expressed in ​ Ordinary ​ Share ​ Treasury ​ Additional paid in ​ Particip. thousands of Euros shares capital shares capital certificates Reorganization transactions 24,890 (302) 624 (125,136) (164)

Significant accounting policies

Significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2022
Material accounting policy information
Summary of revised standards and interpretations are issued but are not yet effective	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Planned ​ ​ ​ ​ application by ​ ​ Effective ​ Sportradar in Standard or interpretation date reporting year Amendments to IFRS 16: Lease Liability in a Sale and Leaseback January 1, 2024 2024 Amendments to IAS 1: Classification of Non-current liabilities with covenants January 1, 2024 2024 Amendments to IAS 1: Classification of Liabilities as Current or Non-current January 1, 2024 2024 Amendments to IAS 7 and IFRS 7: Supplier Finance Arrangements ​ January 1, 2024 ​ 2024 Amendments to IAS 21: Lack of Exchangeability ​ January 1, 2025 ​ 2025
Summary of the estimated useful lives and depreciation method	​ ​ ​ ​ ​ Estimated useful life in years Internally-developed software in use 3 –5
Summary of intangible assets are amortized on a straight line basis	​ ​ ​ ​ ​ ​ Estimated useful Intangible asset life in years Brand name ​ 5 Customer base ​ 5 -10 Technology ​ 2 -10
Summary of property and equipment are depreciated on a straight line basis over the estimated useful life of the assets	​ ​ ​ ​ ​ ​ Estimated useful Property and equipment life in years Office buildings ​ 5 -12 Other facilities and equipment ​ 3 -15

Business combinations (Tables)

Business combinations (Tables)	12 Months Ended
	Dec. 31, 2023
Business combinations
Summary of reconciliation of fair value measurement of the contingent consideration liability	​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, in €‘000 2023 2022 € exchange rate +10% ​ (47,960) 1,934 € exchange rate +5% ​ (23,980) 967 € exchange rate -5% ​ 23,980 (967) € exchange rate -10% ​ 47,960 (1,934)
Aforoa Ltd
Business combinations
Summary of Fair Values of the Identifiable Assets and Liabilities	​ ​ ​ ​ in €‘000 As of January 12, 2023 Technology 2,718 Other tangible assets 6 Cash 48 Liabilities (345) Deferred tax liability, net (340) Net assets acquired 2,087 Goodwill 4,236 Consideration transferred 6,323
Summary of Cash flows arising from the Acquisition	​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2023 Cash consideration paid for acquisition of subsidiary (4,968) Cash acquired with the subsidiary 48 Net cash paid for acquisition (included in cash used in investing activities) (4,920)
Summary of reconciliation of fair value measurement of the contingent consideration liability	​ ​ ​ ​ in €‘000 As of January 12, 2023 1,400 Net fair value changes recognized in profit from continuing operations during the year 214 As of December 31, 2023 1,614
Vaix Limited
Business combinations
Summary of Fair Values of the Identifiable Assets and Liabilities	​ ​ ​ ​ in €‘000 As of April 6, 2022 Customer base 1,630 Technology 6,785 Brand 1,006 Other tangible assets 539 Cash 689 Liabilities (1,791) Deferred tax liability, net (1,298) Net assets acquired 7,560 Goodwill 32,766 Consideration transferred 40,326
Summary of Cash flows arising from the Acquisition	​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2022 Cash consideration paid for acquisition of subsidiary (21,681) Cash acquired with the subsidiary 689 Net cash paid for acquisition (included in cash used in investing activities) (20,992) Transaction costs of the acquisition (included in cash from operating activities) (373) Net cash outflow on acquisition of subsidiary (21,365)
Summary of reconciliation of fair value measurement of the contingent consideration liability	​ ​ ​ ​ in €‘000 As of April 6, 2022 18,800 Net fair value changes recognized in profit from continuing operations during the year 739 As of December 31, 2022 19,539 Payments during the year (5,800) Net fair value changes recognized in profit from continuing operations during the year (2,065) As of December 31, 2023 11,674
Ortec Sports B.V.
Business combinations
Summary of Fair Values of the Identifiable Assets and Liabilities	​ ​ ​ ​ in €‘000 As of April 28, 2022 Customer base 582 Technology 1,978 Brand 383 Other tangible assets 696 Liabilities (255) Deferred tax liability, net (746) Net assets acquired 2,638 Goodwill 3,079 Consideration transferred 5,717
Summary of Cash flows arising from the Acquisition	​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2022 Cash consideration paid for acquisition of subsidiary (5,717) Cash acquired with the subsidiary 25 Net cash paid for acquisition (included in cash used in investing activities) (5,692) Transaction costs of the acquisition (included in cash from operating activities) (235) Net cash outflow on acquisition of subsidiary (5,927)
NSoft Group
Business combinations
Summary of Fair Values of the Identifiable Assets and Liabilities	​ ​ ​ ​ in €‘000 As of April 29, 2022 Customer base 4,509 Technology 8,706 Brand 2,513 Property and equipment 2,624 Other tangible assets 5,155 Cash 1,868 Other liabilities (3,523) Deferred tax liability, net (1,096) Net assets acquired 20,756 Goodwill 13,471 Non-controlling interest (30%) (6,227) Consideration transferred 28,000
Summary of Cash flows arising from the Acquisition	​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2022 Cash consideration paid for acquisition of subsidiary (12,000) Cash acquired with the subsidiary 1,868 Net cash paid for acquisition (included in cash used in investing activities) (10,132) Transaction costs of the acquisition (included in cash from operating activities) (261) Net cash outflow on acquisition of subsidiary (10,393)
Fresh Eight Limited
Business combinations
Summary of Fair Values of the Identifiable Assets and Liabilities	​ ​ ​ ​ in €‘000 As of January 1, 2022 8,200 Cash payments during the year (4,385) Net fair value changes recognized in profit from continuing operations for the year 1,079 As of December 31, 2022 4,894 Cash payments during the year ​ (2,775) Net fair value changes recognized in profit from continuing operations for the year ​ 96 As of December 31, 2023 ​ 2,215 ​ ​ ​ ​ in €‘000 As of March 2, 2021 Customer base 4,863 Technology 3,402 Property and equipment 69 Trade receivables 377 Contract assets and other assets 176 Cash 152 Current liabilities (327) Deferred tax liability, net (1,570) Net assets acquired 7,142 Goodwill 13,168 Consideration transferred 20,310
Summary of Cash flows arising from the Acquisition	​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2021 Cash consideration paid for acquisition of subsidiary (12,063) Cash acquired with the subsidiary 152 Net cash paid for acquisition (included in cash used in investing activities) (11,911) Transaction costs of the acquisition (included in cash from operating activities) (439) Net cash outflow on acquisition of subsidiary (12,350)
Atrium Sports Inc
Business combinations
Summary of Fair Values of the Identifiable Assets and Liabilities	​ ​ ​ ​ in €‘000 As of May 6, 2021 Customer base 16,477 Brand 1,679 Technology 56,540 Property and equipment 3,537 Trade receivables 1,974 Contract assets and other assets 3,899 Cash 1,087 Current liabilities (10,567) Non-current liabilities (1,253) Deferred tax liability, net (15,605) Net assets acquired 57,768 Goodwill 134,451 Consideration transferred 192,219
Summary of Cash flows arising from the Acquisition	​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2021 Cash consideration paid for acquisition of subsidiary (183,043) Cash acquired with the subsidiary 1,087 Net cash paid for acquisition (included in cash used in investing activities) (181,956) Transaction costs of the acquisition (included in cash from operating activities) (3,900) Net cash outflow on acquisition of subsidiary (185,856)
Interact Sport Pty Ltd
Business combinations
Summary of Fair Values of the Identifiable Assets and Liabilities	​ ​ ​ ​ in €‘000 As of June 9, 2021 Customer base 793 Technology 966 Brand 73 Trade receivables 222 Contract assets and other assets 359 Cash 107 Current liabilities (435) Deferred tax liability, net (550) Net assets acquired 1,535 Goodwill 3,606 Consideration transferred 5,141
Summary of Cash flows arising from the Acquisition	​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, 2021 Cash consideration paid for acquisition of subsidiary (4,671) Cash acquired with the subsidiary 107 Net cash paid for acquisition (included in cash used in investing activities) (4,564) Transaction costs of the acquisition (included in cash from operating activities) (154) Net cash outflow on acquisition of subsidiary (4,718) ​

Revenue from contracts with c_2

Revenue from contracts with customers (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue from contracts with customers
Summary of revenue for the Group's major product groups	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Betting data / Betting entertainment tools 278,157 237,043 214,034 Managed Betting Services (“MBS”) 175,862 135,895 79,966 Virtual Gaming 12,804 16,154 15,357 Rest of the World Betting revenue 466,823 389,092 309,357 Betting AV 182,196 160,522 140,162 Integrity services ​ 7,744 ​ 7,863 ​ 7,712 Other revenue 55,346 45,269 32,271 Rest of the World revenue 712,109 602,746 489,502 Media and advertising revenue 58,914 53,010 33,796 Betting data 50,629 29,737 15,150 Betting AV 19,173 10,963 5,166 Sports Solutions 36,796 33,732 17,588 United States revenue 165,512 127,442 71,700 Total Revenue 877,621 730,188 561,202

Segmental information (Tables)

Segmental information (Tables)	12 Months Ended
	Dec. 31, 2023
Segmental information
Summary of segment Adjusted EBITDA represents Adjusted EBITDA excluding unallocated corporate	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2023 ​ ​ RoW ​ Total ​ ​ ​ RoW Betting United reportable All other ​ ​ in €‘000 ​ Betting AV ​ States segments ​ segments ​ Total Segment revenue 466,823 182,196 165,512 814,531 63,090 877,621 Segment Adjusted EBITDA 209,562 52,211 18,893 280,666 (6,328) 274,338 Amortization of sport rights (42,646) (65,042) (51,142) (158,830) (1,187) (160,017) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2022 ​ ​ RoW ​ Total ​ ​ ​ RoW Betting United reportable All other ​ in €‘000 Betting ​ AV ​ States ​ segments ​ segments ​ Total Segment revenue 389,092 160,522 127,442 677,056 53,132 730,188 Segment Adjusted EBITDA 182,439 46,494 (4,141) 224,792 (13,348) 211,444 Amortization of sport rights (40,093) (66,402) (33,705) (140,200) — (140,200) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2021 ​ ​ RoW ​ Total ​ ​ ​ ​ RoW ​ Betting ​ United ​ reportable ​ All other ​ ​ in €‘000 ​ Betting ​ AV ​ States ​ segments ​ segments ​ Total Segment revenue 309,357 140,162 71,700 521,219 39,983 561,202 Segment Adjusted EBITDA 176,987 39,246 (22,625) 193,608 (5,746) 187,862 Amortization of sport rights (16,101) (56,266) (21,946) (94,312) — (94,312)
Summary of reconciliations of information on reportable segments to the amounts reported in the financial statements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Segment Adjusted EBITDA 274,338 211,444 187,862 Finance income 12,848 5,250 5,297 Finance costs (33,731) (41,447) (32,540) Depreciation and amortization ​ (206,362) ​ (184,813) ​ (129,375) Amortization of sport rights 160,017 140,200 94,312 Foreign currency gains, net 23,205 26,690 5,437 Share-based compensation (39,712) (28,637) (15,431) Restructuring costs (8,005) (5,528) — Non-routine litigation costs — (19,045) — Share in loss of equity-accounted investee 2 (3,699) (3,985) — Loss on disposal of equity-accounted investee (13,604) — — Impairment loss on goodwill and intangible assets (9,854) — — Impairment (loss) income on other financial assets (202) 5 (5,889) Remeasurement of previously held equity-accounted investee — 7,698 — Professional fees for SOX and ERP implementations ​ (505) ​ (4,298) ​ — One time charitable donation for Ukrainian relief activities ​ — ​ (146) ​ — Unallocated corporate expenses 1 ​ (107,538) ​ (85,598) ​ (85,849) Net income before tax and discontinued operations 47,196 17,790 23,824 1 Unallocated corporate expenses primarily consist of salaries and wages for management, legal, human resources, finance, office, IT and other costs not allocated to the segments. 2 Represents non-cash losses unrelated to the Company’s core businesses and which management does not consider indicative of the Company’s ongoing operations because the equity-accounted investee, SportTech AG, operates on a business-to-consumer model as opposed to the Company’s core businesses that operate on a business-to-business model.
Summary of revenue based on the geographic location of customers and assets	​ ​ ​ ​ ​ ​ ​ ​ Revenue Years Ended December 31, in €‘000 2023 2022 2021 US ​ 144,185 ​ 123,677 ​ 67,093 Malta ​ 105,596 ​ 95,696 ​ 70,529 United Kingdom ​ 81,759 ​ 78,472 ​ 68,688 Switzerland ​ 9,152 ​ 10,822 ​ 7,397 Other countries 1 ​ 536,929 ​ 421,521 ​ 347,495 Total 877,621 730,188 561,202 ​ ​ ​ ​ ​ ​ Non-current assets As of December 31, in €‘000 2023 2022 Switzerland 1,307,794 499,715 Germany 59,535 61,051 United States 225,759 240,635 Other countries 1 183,351 152,132 Total 1,776,439 953,533 1

Purchased services and licens_2

Purchased services and licenses (Tables)	12 Months Ended
	Dec. 31, 2023
Purchased services and licenses
Summary of purchased services and licenses	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Non-capitalized sport rights licenses ​ 42,668 ​ 42,259 ​ 48,324 Production costs ​ 40,742 ​ 40,249 ​ 17,188 Ads costs and operational fees ​ 32,049 ​ 27,665 ​ 9,861 Consultancy fees ​ 27,694 ​ 19,426 ​ 9,930 Data journalist and freelancer fees ​ 24,148 ​ 23,650 ​ 16,225 Variable service fees ​ 16,073 ​ 10,058 ​ 6,829 Cost of materials and goods ​ 13,682 ​ 3,207 ​ 213 Sales agents ​ 2,694 ​ 2,987 ​ 3,924 Other costs ​ 6,126 ​ 6,496 ​ 6,932 Total 205,876 175,997 119,426 ​

Other operating expenses (Table

Other operating expenses (Tables)	12 Months Ended
	Dec. 31, 2023
Other operating expenses
Summary of other operating expenses	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Legal and other consulting expenses 28,778 42,952 46,886 Software-as-a Service and similar rights 17,614 13,664 9,482 Travel expenses 8,742 6,524 1,803 Marketing expenses 7,830 7,798 5,341 Insurance 6,618 12,225 4,961 Office expenses 5,082 3,772 3,028 Telecommunication and IT expenses 4,994 4,652 12,523 Other external and administrative costs 9,785 4,304 3,284 Total 89,443 95,891 87,308 ​

Foreign currency gains (losse_2

Foreign currency gains (losses), net (Tables)	12 Months Ended
	Dec. 31, 2023
Foreign currency gains (losses), net
Summary of foreign currency gains and losses, net	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Foreign currency gains 65,594 101,627 39,720 Foreign currency losses (42,389) (74,937) (34,283) Total 23,205 26,690 5,437 ​

Finance income (Tables)

Finance income (Tables)	12 Months Ended
	Dec. 31, 2023
Finance income
Summary of finance income	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Interest income 7,683 5,250 5,179 Other finance income 5,165 — 118 Total 12,848 5,250 5,297 ​

Finance costs (Tables)

Finance costs (Tables)	12 Months Ended
	Dec. 31, 2023
Finance costs
Summary of finance costs	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Interest expense Accrued interest on license fee payables 27,369 17,282 10,071 Interest on loans and borrowings 3,745 22,121 22,160 Other interest expense 337 634 93 Other finance costs ​ Other finance costs 2,280 1,410 216 Total 33,731 41,447 32,540 ​

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income taxes
Summary of income taxes are recognized in profit from continuing operations	​ ​ ​ ​ ​ ​ ​ ​ Income taxes Years Ended December 31, in €‘000 2023 2022 2021 Current tax expense: Current year 9,251 11,540 12,564 Changes in estimates related to prior years (1,245) (187) 2,051 Deferred tax expense: ​ Origination and reversal of temporary differences 1,545 (9,354) 1,567 Tax write-down 3,000 5,300 — Recognition of previously unrecognized deferred tax assets — — (5,145) Income tax expense reported in profit from continuing operations 12,551 7,299 11,037
Summary of reconciliation of the changes in the net deferred tax asset (liability) recognized in the consolidated statement of financial position, net	​ ​ ​ ​ ​ ​ in €‘000 2023 2022 Net deferred tax asset as of January 1, 966 1,430 Additions from business combinations (340) (3,140) Recognized in other comprehensive income 130 (326) Recognized in profit from continuing operations (4,545) 4,054 Foreign currency translation adjustment (1,143) (1,052) Net deferred tax asset (liability) as of December 31, (4,932) 966
Summary of deferred tax assets and (liabilities)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2023 ​ 2022 ​ Consolidated ​ Consolidated ​ ​ statement of Consolidated statement of Consolidated ​ financial statement of financial statement of in €‘000 position profit or loss position profit or loss Other assets and prepayments 11,001 1,015 ​ 9,986 ​ 5,343 Intangible assets (31,261) (5,057) ​ (24,720) ​ (2,755) Trade and other payables 9,036 848 ​ 8,643 ​ 4,331 Tax loss carry-forward 4,843 230 ​ 4,612 ​ 3,068 Tax step-up (write-down) 7,300 (3,000) ​ 10,300 ​ (5,300) Other assets non-current (541) 5,401 ​ (5,941) ​ (822) Other (5,310) (3,982) ​ (1,914) ​ 189 Deferred tax income (expense) ​ (4,545) 4,054 Net deferred tax asset (liability) (4,932) ​ 966 Reflected in the consolidated statements of financial position as follows: ​ Deferred tax assets 16,383 ​ 27,014 Deferred tax liabilities (21,315) ​ (26,048) Deferred tax asset (liability), net (4,932) ​ 966
Summary of income tax expense calculated by the applicable tax rate and the effective income tax	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 ​ Net income before tax 47,196 17,790 23,824 ​ Applicable tax rate 14.3 % 14.4 % 14.5 % Tax expense applying the Company tax rate (6,744) (2,562) (3,454) ​ Effect of tax losses and tax offsets not recognized as deferred tax assets (2,276) 1,134 (6,327) ​ Effect on recognition of deferred tax assets, on previous unused tax losses and tax offsets — — 5,145 ​ Changes in estimates related to prior years 1,245 187 (2,051) ​ Effect of non-deductible expenses (1,337) (3,020) (4,132) ​ Effect of non-taxable remeasurement of previously held equity-accounted investee ​ — ​ 1,116 ​ — ​ Effect of difference to the Company tax rate 517 854 555 ​ Other effects (956) 292 (773) ​ Tax write-down (3,000) (5,300) — ​ Income tax expense (12,551) (7,299) (11,037) ​ Effective tax rate 26.6 % 41.0 % 46.3 %
Summary of tax loss carryforwards that are not recognized as deferred tax assets	​ ​ ​ ​ ​ ​ Periods in which tax loss carry-forwards not recognized as deferred tax assets may be used As of December 31, in €‘000 2023 2022 Unlimited 105,143 102,450 will expire within 5 years 2,470,875 18,508 will expire thereafter ​ 25,295 ​ 2,575,052 Tax loss carry-forward 2,601,313 2,696,010

Earnings per share (EPS) (Table

Earnings per share (EPS) (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings per share (EPS)
Summary of earnings per share (EPS)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in thousands of shares 2023 2022 2021 Issued Class A shares as of January 1 206,849 206,572 177,627 Effect of Class A shares issued ​ 346 ​ 222 ​ 7,890 Effect of options and warrants exercised or exercisable 519 — 19 Effect of treasury shares held (197) (246) — Effect of shares issued related to a business combination — — 1,133 Weighted-average number of Class A shares as of December 31 (basic) 207,517 206,548 186,670 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in thousands of shares 2023 2022 2021 Weighted-average number of Class A shares as of December 31 (basic) 207,517 206,548 186,670 Effect of unvested RSUs, options, and warrants 19,129 15,619 2,003 Weighted-average number of Class A shares as of December 31 (diluted) 226,646 222,167 188,673 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in thousands of shares 2023 2022 2021 Issued Class B shares as of January 1 903,671 903,671 903,671 Weighted-average number of Class B shares as of December 31 (basic and diluted) 903,671 903,671 903,671 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Profit attributable to Class A shares owners 24,152 ​ 7,580 ​ 8,744 Profit attributable to Class B shares owners 10,503 ​ 3,311 ​ 3,825 Profit attributable to owners of the Company 34,655 ​ 10,891 ​ 12,569 ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ ​ 2023 2022 2021 Basic EPS from profit attributable to Class A shares owners ​ 0.12 ​ 0.04 ​ 0.05 Diluted EPS from profit attributable to Class A shares owners ​ 0.11 ​ 0.03 ​ 0.05 Basic and diluted EPS from profit attributable to Class B shares owners ​ 0.01 ​ 0.00 ​ 0.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Loss from discontinued operations attributable to Class A shares owners (524) — — Loss from discontinued operations attributable to Class B shares owners (227) — — Loss from discontinued operations attributable to owners of the Company (751) — — ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ ​ 2023 2022 2021 Basic EPS from discontinued operations attributable to Class A shares owners (0.00) — — Diluted EPS from discontinued operations attributable to Class A shares owners (0.00) — — Basic and diluted EPS from discontinued operations attributable to Class B shares owners (0.00) — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 2021 Profit for the year from continuing operations attributable to Class A shares owners ​ 24,675 ​ 7,580 ​ 8,744 Profit for the year from continuing operations attributable to Class B shares owners 10,731 3,311 3,825 Profit for the year from continuing operations attributable to owners of the Company 35,406 10,891 12,569 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2023 2022 2021 Basic EPS from profit for the year from continuing operations attributable to Class A shares owners ​ 0.12 ​ 0.04 ​ 0.05 Diluted EPS from profit for the year from continuing operations attributable to Class A shares owners 0.11 0.03 0.05 Basic and diluted EPS from profit for the year from continuing operations attributable to Class B shares owners 0.01 0.00 0.00 ​

Intangible assets and goodwill

Intangible assets and goodwill (Tables)	12 Months Ended
	Dec. 31, 2023
Intangible assets and goodwill
Schedule of Intangible and goodwill	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Internally- ​ ​ Cost ​ Brand ​ Customer ​ ​ ​ ​ ​ developed ​ ​ ​ ​ in €‘000 ​ name ​ base ​ Licenses ​ Technology ​ software ​ Goodwill ​ Total Balance as of January 1, 2022 8,993 68,273 690,345 83,445 48,126 258,993 1,158,175 Additions — — 93,346 8,915 17,730 — 119,991 Additions through acquisitions (Note 3) 3,901 6,721 61 17,469 — 49,316 77,468 Disposals — — (42,186) (5,800) (1,291) — (49,277) Disposal due to reduction in service potential — — (646) — — — (646) Translation adjustments 283 976 706 3,572 374 7,505 13,416 Balance as of December 31, 2022 13,177 75,970 741,626 107,601 64,939 315,814 1,319,127 Additions — — 1,023,457 6,324 28,301 — 1,058,082 Additions through acquisitions — — — 2,718 — 4,236 6,954 Disposals ​ (71) ​ (776) ​ (226,020) ​ (3,000) ​ (5,170) ​ — ​ (235,037) Disposal due to reduction in service potential ​ — ​ — ​ (4,077) ​ — ​ — ​ — ​ (4,077) Translation adjustments ​ (78) ​ (619) ​ (127) ​ (2,258) ​ (1,545) ​ (5,652) ​ (10,279) Balance as of December 31, 2023 ​ 13,028 ​ 74,575 ​ 1,534,859 ​ 111,385 ​ 86,525 ​ 314,398 ​ 2,134,770 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated amortization and impairment €‘000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of January 1, 2022 (6,442) (28,206) (265,136) (18,821) (20,257) (10,841) (349,703) Amortization (1,039) (6,543) (144,065) 1 (13,402) (7,782) — (172,831) Disposals — — 42,186 5,800 1,290 — 49,276 Translation adjustments (228) (224) (390) (21) (390) (984) (2,237) Balance as of December 31, 2022 (7,709) (34,973) (367,405) (26,444) (27,139) (11,825) (475,495) Amortization (1,246) (6,664) (161,279) 1 (13,728) (8,849) — (191,766) Impairment (Note 13.1) (311) (1,142) — (1,908) — (6,493) (9,854) Disposals 71 ​ 776 ​ 227,800 ​ 3,000 ​ 5,170 ​ — ​ 236,817 Translation adjustments 60 144 569 864 901 321 2,859 Balance as of December 31, 2023 (9,135) ​ (41,859) ​ (300,315) ​ (38,216) ​ (29,917) ​ (17,997) ​ (437,439) Carrying amount As of December 31, 2022 5,468 40,997 374,221 81,157 37,800 303,989 843,632 As of December 31, 2023 3,893 32,716 1,234,544 73,169 56,608 296,401 1,697,331 1 Includes € 160.0 million and € 140.2 million of sport rights amortization for the years ended December 31, 2023 and 2022, respectively.
Schedule of company's internally developed software cost	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Personnel expenses 21,773 15,560 11,592 Purchases services and licenses (excluding depreciation and amortization) 6,528 2,170 202 Internally-developed software cost capitalized 28,301 17,730 11,794
Schedule of carrying amount of goodwill to the respective CGUs and the key assumptions used in estimation of the recoverable amount	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill per CGU RoW RoW RoW United in €‘000 ​ Betting ​ Betting AV ​ Other ​ States Goodwill as of January 1, 2022 29,452 106,296 17,504 94,900 ​ Acquisition 46,237 — 3,079 — ​ Foreign currency translation effect (1,793) 3,875 (56) 4,495 ​ Goodwill as of December 31, 2022 73,896 110,171 20,527 99,395 ​ Acquisition 4,236 — — — ​ Impairment ​ — ​ — ​ (6,493) ​ — ​ Foreign currency translation effect 424 (2,463) (140) (3,152) ​ Goodwill as of December 31, 2023 78,556 107,708 13,894 96,243 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Key assumptions used ​ For 2022: ​ Terminal value growth rate 2.0 % 2.0 % 2.0 % 2.0 % Budgeted EBITDA margin 1 38.5 % 14.6 % 22.7 % 26.7 % Discount rate —WACC (before taxes) 12.2 % 12.1 % 13.7 % 15.1 % For 2023: ​ Terminal value growth rate 2.0 % 2.0 % 2.0 % 2.0 % Budgeted EBITDA margin 1 33.6 % 13.1 % 12.5 % 25.0 % Discount rate —WACC (before taxes) 13.2 % 13.2 % 15.7 % 15.7 % 1 The budgeted EBITDA margin for the RoW Betting CGUs represents an average margin, whereas the budgeted EBITDA margin for the RoW Other and United States CGUs represents the assumption for the last year of the budget period.
Schedule of Impairment assessment changes to discount rate and sustainable EBITDA	​ ​ ​ ​ ​ ​ Further in €‘000 impairment Decrease terminal value growth rate to 0% ​ (4,511) Decrease sustainable EBITDA margin by 2% ​ (14,041) Increase discount rate by 1% ​ (5,147) Decrease discount rate by 1% and decrease sustainable EBITDA margin by 2% ​ (9,765)

Property and equipment (Tables)

Property and equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property and equipment
Summary of the Estimated Useful Lives and Depreciation Method	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other ​ ​ Cost ​ Office ​ facilities and ​ Work in ​ ​ in €‘000 ​ buildings ​ equipment ​ progress ​ Total Balance as of January 1, 2022 43,724 28,347 19 72,090 Additions 2,652 8,030 436 11,118 Additions through business combinations 1,288 1,319 18 2,625 Transfers in/(out) ​ 19 ​ — ​ (19) ​ — Disposals (307) (78) — (385) Translation adjustments 490 594 19 1,103 Balance as of December 31, 2022 47,866 38,212 473 86,551 Additions 40,693 9,621 1,020 51,334 Additions through business combinations — 6 — 6 Transfers in/(out) ​ 302 ​ 774 ​ (1,076) ​ — Disposals (3,440) (388) — (3,828) Translation adjustments (682) (631) 15 (1,298) Balance as of December 31, 2023 84,739 47,594 432 132,765 ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated depreciation ​ ​ ​ ​ ​ ​ ​ ​ in €‘000 ​ ​ ​ ​ ​ ​ ​ ​ Balance as of January 1, 2022 (18,505) (17,662) — (36,167) Depreciation (6,672) (5,310) — (11,982) Disposals 307 78 — 385 Translation adjustments 372 (1,272) — (900) Balance as of December 31, 2022 (24,498) (24,166) — (48,664) Depreciation (8,107) (6,489) — (14,596) Disposals 2,129 388 — 2,517 Translation adjustments 396 344 — 740 Balance as of December 31, 2023 (30,080) (29,923) — (60,003) ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying amount As of December 31, 2022 23,368 14,046 473 37,887 As of December 31, 2023 54,659 17,671 432 72,762 ​

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Leases
Summary of detailed information about lease amounts recognized In statements of cash flows	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 Right-of-use assets – Property and equipment ​ ​ Buildings 51,394 20,409 Other facilities and equipment 318 259 Lease liabilities – Loans and borrowings Current 9,537 7,302 Non-current 40,414 14,712
Summary of detailed information about reconciliation of right of use assets	​ ​ ​ ​ ​ ​ ​ Office buildings in €‘000 2023 2022 Balance as of January 1, 20,409 22,905 Depreciation charge for the year (7,181) (5,913) Additions 39,727 3,113 Derecognition due to lease termination (1,311) (19) Foreign currency effects (250) 323 Balance as of December 31, 51,394 20,409
Summary of detailed information about reconciliation of lease liabilities	​ ​ ​ ​ ​ ​ in €‘000 2023 2022 Balance as of January 1, 22,014 23,898 Additions to lease liabilities 38,209 2,609 Accretion of interest 1,149 661 Interest paid (1,149) (661) Payments (7,983) (5,958) Additions from business combinations — 867 Rent concessions (30) (38) Derecognition due to lease termination (1,323) (16) Foreign currency effects (936) 652 Balance as of December 31, 49,951 22,014 Current 9,537 7,302 Non-current 40,414 14,712
Summary of detailed information about lease amounts recognized in profit or loss	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Interest on lease liabilities 1,149 661 324 Depreciation 7,181 5,913 5,569 Income from sub-leasing right-of-use assets (14) — (33) Expenses relating to short-term leases 1 938 682 547 Expenses relating to low-value assets 1 3 — 8 Rent concessions (30) (38) (59) Total amount recognized in profit from continuing operations 9,227 7,218 6,356 1 The Company has elected not to recognize a lease liability for short term leases (leases with an expected term of 12 months or less) or for leases of low value assets. Payments made under such leases are expensed on a straight-line basis.
Summary of detailed information about lease amounts recognized in statements of cash flows	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 2022 2021 Operating activities - cash outflow for leases -Short-term and low-value lease payments 938 682 555 -Interest paid on lease liabilities 1,149 661 324 Financing activities – Principal payment on lease liabilities 7,983 5,958 7,118 Total cash outflow for leases 10,070 7,301 7,997

Equity-accounted investees (Tab

Equity-accounted investees (Tables)	12 Months Ended
	Dec. 31, 2023
Equity-accounted investees
Summary Of detailed information about financial statements explanatory	​ ​ ​ ​ ​ ​ ​ As of December 31, As of August 4, in €‘000 ​ 2022 ​ 2022 Current assets, including cash and cash equivalents 13,314 ​ 17,247 Non-current assets 1,970 ​ 1,925 Brand name 11,945 ​ 12,649 Technology 7,760 ​ 8,591 Goodwill 40,379 ​ 41,323 Liabilities (3,351) ​ (1,363) Deferred tax liabilities (2,858) ​ (3,080) Net assets (100%) ​ 69,159 ​ 77,292 Sportradar’s share net assets (49%) ​ 33,888 ​ 37,873 Carrying amount of investment in associate ​ 33,888 ​ 37,873 Revenue (100%) ​ 1,514 ​ ​ Loss from operations (100%) ​ (8,133) ​ ​ Sportradar’s share of loss from operations (49%) ​ (3,985) ​ ​ ​ ​ ​ ​ ​ Year Ended in €‘000 December 31, Carrying amount of investment in associate as of January 1, 2023 33,888 Revenue (100%) 1,215 Loss from operations (100%) (7,549) Sportradar’s share of loss from operations (49%) (3,699) Carrying amount of investment in associate as of May 31, 2023 30,189

Other financial assets and ot_2

Other financial assets and other non-current assets (Tables)	12 Months Ended
	Dec. 31, 2023
IFRS Text Block [Abstract]
Summary of detailed information about other financial assets and other noncurrent assets	​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 Loans receivable (net of expected credit loss) 1,354 1,473 Deposits 2,150 1,650 Equity investments 6,346 2,820 Other financial assets 1,956 3,198 Prepayment non-current — 35,304 Total 11,806 44,445
Summary of the composition and movements of loans receivable	​ ​ ​ ​ ​ ​ ​ ​ Composition and movements of loan receivables ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ ​ ​ ​ in €‘000 non-current Loans current Total Balance as of January 1, 2022 1,201 567 1,768 Collection of loans receivable — (208) (208) Interest 272 18 290 Income ​ — ​ 5 ​ 5 Others — (23) (23) Balance as of December 31, 2022 1,473 359 1,832 Issuance loans receivable ​ — ​ 935 ​ 935 Write-off loans receivable ​ — ​ (935) ​ (935) Collection of loans receivable ​ — ​ (41) ​ (41) Interest ​ — ​ — ​ — Income ​ — ​ — ​ — Others ​ (119) ​ (8) ​ (127) Balance as of December 31, 2023 1,354 ​ 310 ​ 1,664

Trade receivables and contrac_2

Trade receivables and contract assets (Tables)	12 Months Ended
	Dec. 31, 2023
Trade receivables and contract assets
Summary of Financial Assets	​ ​ ​ ​ ​ ​ Trade receivables As of December 31, in €‘000 ​ 2023 2022 Trade receivables 80,861 68,931 Trade receivable from associates — — Allowance for expected credit losses (9,615) (5,519) Total 71,246 63,412 ​ ​ The following table represents the composition of contract assets: ​ ​ ​ ​ ​ Contract assets ​ As of December 31, in €‘000 2023 2022 Contract assets 61,220 50,583 Allowance for expected credit losses (351) (101) Total 60,869 50,482
Summary of expected credit losses for Trade receivables and contract assets	​ ​ ​ ​ ​ ​ in €‘000 2023 2022 Balance as of January 1, (5,620) (4,373) Provision for expected credit losses (7,160) (1,456) Net amounts recovered 183 209 Write-offs ​ 2,559 ​ — Other ​ 72 ​ — Balance as of December 31, (9,966) (5,620) ​

Other assets and prepayments (T

Other assets and prepayments (Tables)	12 Months Ended
	Dec. 31, 2023
Other assets and prepayments
Summary of other assets and prepayments	​ ​ ​ ​ ​ ​ Other assets and prepayments ​ As of December 31, in €‘000 2023 2022 Prepaid expenses 22,358 28,899 Other financial assets 688 3,842 Taxes and fees 3,313 3,561 Inventories ​ 5,986 ​ 5,707 Other 907 904 Total 33,252 42,913 ​

Capital and reserves (Tables)

Capital and reserves (Tables)	12 Months Ended
	Dec. 31, 2023
Capital and reserves
Summary of capital and reserves	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Class B ​ ​ ​ ​ Class A ordinary ​ ordinary ​ ​ ​ Participation Capital and reserves ​ shares ​ shares ​ Shares ​ certificates Equity instruments as of January 1, 2021 — ​ — ​ 344,611 ​ 155,389 Issued during the year before the IPO — ​ — ​ — ​ 3,320 Reorganization transactions (Note 1) 180,314,159 ​ 903,670,701 ​ (344,611) ​ (158,709) Issued during the year during and subsequent to the IPO 26,257,358 ​ — ​ — ​ — Equity instruments as of December 31, 2021 ​ 206,571,517 ​ 903,670,701 ​ — ​ — Issued during the year for vesting of shares ​ 277,127 ​ — ​ — ​ — Equity instruments as of December 31, 2022 206,848,644 903,670,701 — — Issued during the year for vesting of shares 945,555 — — — Equity instruments as of December 31, 2023 207,794,199 903,670,701 — —
Schedule of treasury shares	​ ​ ​ ​ ​ ​ Movement in treasury shares Number of shares Cost €’000 Treasury shares as of January 1, 2022 — — Purchased during the year 1,566,793 3,837 Surrendered during the year (1,280,829) (1,132) Treasury shares as of December 31, 2022 285,964 2,705 Purchased during the year ​ 787,776 ​ 9,022 Surrendered during the year ​ (843,128) ​ (9,405) Treasury shares as of December 31, 2023 ​ 230,612 ​ 2,322

Loans and borrowings (Tables)

Loans and borrowings (Tables)	12 Months Ended
	Dec. 31, 2023
Loans and borrowings
Summary of loans and borrowings	​ ​ ​ ​ ​ ​ Loans and borrowings ​ As of December 31, in €‘000 2023 2022 Current portion of loans and borrowings Bank loans and overdrafts 49 59 Lease liabilities (Note 15) 9,537 7,302 ​ 9,586 7,361 Non - current portion of loans and borrowings Bank loans 145 772 Lease liabilities (Note 15) 40,414 14,712 ​ 40,559 15,484 Total 50,145 22,845
Summary of senior secured net leverage ratio on excess cash flow	​ ​ ​ ​ ​ ​ Excess Cash Flow prepayment Senior Secured Net Leverage Ratio percentage ​ Greater than 5.00:1 50 % Equal to or less than 5.00:1 but greater than 4.50:1 25 % Equal to or less than 4.50:1 0 %
Summary of bank loans and bank overdrafts	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt movements and change in bank overdrafts Loans Loans ​ ​ in €‘000 non-current current Overdrafts Total Balance as of January 1, 2022 411,379 — 73 411,452 Addition 219 6 — 225 Transaction costs related to borrowing costs ​ (1,100) ​ — ​ — ​ (1,100) Payment of loans and borrowings (420,682) (3) (23) (420,708) Amortization of borrowing costs 8,057 — — 8,057 Reclassification of borrowing costs ​ 2,846 ​ — ​ — ​ 2,846 Foreign currency rate adjustment 53 — 6 59 Balance as of December 31, 2022 772 3 56 831 Payment of loans and borrowings (620) ​ — ​ (7) ​ (627) Addition — ​ 2 ​ — ​ 2 Foreign currency rate adjustment (7) ​ — ​ (5) ​ (12) Balance as of December 31, 2023 145 ​ 5 ​ 44 ​ 194 ​
Senior Facilities Agreement | Senior Secured Term Loan Facility
Loans and borrowings
Summary of senior secured net leverage ratio	​ ​ ​ ​ Senior Secured Net Leverage Ratio Facility B Margin (% per annum) Greater than 4.50:1.00 4.25 Greater than 4.00:1.00 but equal to or less than 4.50:1.00 4.00 Greater than 3.50:1.00 but equal to or less than 4.00:1.00 3.75 Equal to or less than 3.50:1.00 3.50
Senior Facilities Agreement | Multicurrency Revolving Credit Facility
Loans and borrowings
Summary of senior secured net leverage ratio	​ ​ ​ ​ Senior Secured Net Leverage Ratio RCF Margin (% per annum) Greater than 4.50:1.00 3.75 Greater than 4.00:1.00 but equal to or less than 4.50:1.00 3.50 Greater than 3.50:1.00 but equal to or less than 4.00:1.00 3.25 Greater than 3.00:1.00 but equal to or less than 3.50:1.00 3.00 Equal to or less than 3.00:1.00 2.75

Employee benefits (Tables)

Employee benefits (Tables)	12 Months Ended
	Dec. 31, 2023
Employee benefits
Summary of defined benefit pension plans	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 Defined benefit obligation 14,129 10,412 Fair value of plan assets (13,086) (10,215) Net defined benefit liability 1,043 197 ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 Defined benefit obligation as of January 1, 10,412 11,456 Interest expense on defined benefit obligation 280 44 Current service cost 558 726 Contributions by plan participants 490 369 Benefits (paid) / deposited 904 56 Past service cost — — Administration cost (excl. cost for managing plan assets) 6 6 Actuarial loss (gain) on defined benefit obligation 967 (2,855) Exchange rate loss 512 610 Defined benefit obligation as of December 31, 14,129 10,412
Summary of defined benefit obligation and movements in the plan assets	​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 2023 2022 Fair value of plan assets as of January 1, 10,215 9,365 Interest income on plan assets 275 31 Contributions by the employer 628 452 Contributions by plan participants 490 369 Benefits deposited (paid) 909 (53) Others — 204 Return on plan assets excl. interest income (182) (596) Exchange rate gain 509 522 Adjustment to asset ceiling 242 (79) Fair value of plan assets as of December 31, 13,086 10,215 ​

Trade payables (Tables)

Trade payables (Tables)	12 Months Ended
	Dec. 31, 2023
Trade payables
Summary of trade payables	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €‘000 2023 2022 License fee payables for capitalized sports data rights – current 202,013 148,638 Other trade payables and accrued expenses – current 57,654 ​ 56,356 Trade payables current 259,667 ​ 204,994 License fee payables for capitalized sports data rights – non-current ​ 908,437 ​ 264,530 Other trade payables – non-current ​ 62 ​ 135 Trade payables non-current ​ 908,499 ​ 264,665 Total 1,168,166 ​ 469,659

Other liabilities (Tables)

Other liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Other liabilities
Summary of other liabilities explanatory	​ ​ ​ ​ ​ ​ Other liabilities - current: ​ As of December 31, in €‘000 2023 2022 Other financial liabilities: Deferred and contingent consideration (Note 3) 8,376 14,539 Other liabilities 4,534 2,992 Other non-financial liabilities: ​ Payroll liabilities 30,176 31,742 Taxes and fees 7,444 5,094 Provisions — 5,323 Deposit liability (Note 3) 1,721 3,532 Management restructuring ​ 3,473 ​ 1,956 Due to related parties — 90 Total other liabilities - current 55,724 65,268 ​ ​ ​ ​ ​ ​ Other non-current liabilities: ​ As of December 31, in €‘000 ​ 2023 ​ 2022 Other financial liabilities: Deferred and contingent consideration (Note 3) 6,993 9,220 Other non-financial liabilities: Employee benefit liabilities (Note 22) 1,043 197 Other 464 1,278 Total other non-current liabilities 8,500 10,695
Summary of other provisions	​ ​ ​ ​ ​ ​ ​ ​ Provisions ​ ​ ​ ​ in €‘000 ​ Legal Other Total Balance as of January 1, 2022 1,294 ​ 1,737 3,031 Additions 19,909 ​ 480 20,389 Used (12,500) ​ (581) (13,081) Released (3,416) ​ (1,600) (5,016) Balance as of December 31, 2022 5,287 ​ 36 5,323 Additions 1,670 ​ 71 1,741 Used (5,840) ​ (102) (5,942) Released (1,117) ​ (5) (1,122) Balance as of December 31, 2023 — ​ — —

Contract liabilities (Tables)

Contract liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Contract liabilities
Summary of contract liabilities arising from barter deals with sports rights licensors	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unsatisfied performance in €‘000 Barter deals obligations 2024 10,618 ​ 898,546 2025 8,518 ​ 415,465 2026 7,609 ​ 283,818 2027 7,011 ​ 39,165 2028 and thereafter 15,626 ​ 64,944 Total 49,382 ​ 1,701,938 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unsatisfied performance in €‘000 Barter deals obligations 2023 3,114 ​ 622,425 2024 2,716 ​ 204,780 2025 912 ​ 74,168 2026 518 ​ 6,404 2027 and thereafter 1,131 ​ 36,165 Total 8,391 ​ 943,942 ​

Financial instruments - fair _2

Financial instruments - fair values and risk management (Tables)	12 Months Ended
	Dec. 31, 2023
Financial instruments - fair values and risk management
Summary of fair value hierarchy carrying amounts of financial assets and financial liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 in €‘000 ​ Financial statement ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ Description of Financial Instrument ​ classification amount Fair value Level 1 Level 2 Level 3 Financial assets at FVTPL ​ ​ ​ ​ ​ ​ Cash equivalents Cash and cash equivalents 130,175 130,175 130,175 — — Financial assets at FVOCI ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity investments Other financial assets and other non-current assets 6,346 6,346 — — 6,346 Total financial assets ​ 136,521 136,521 130,175 — 6,346 Financial liabilities at FVTPL ​ ​ ​ ​ ​ ​ Contingent consideration Other liabilities and other non-current liabilities 15,369 15,369 — — 15,369 Financial liabilities measured at amortized cost ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized sport rights licenses ​ Trade payables – current and Trade payables – non-current ​ 1,110,450 ​ 1,096,688 ​ — ​ 1,096,688 ​ — Total financial liabilities ​ 1,125,819 1,112,057 — 1,096,688 15,369 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 in €‘000 ​ Financial statement ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ Description of Financial Instrument ​ classification amount Fair value Level 1 Level 2 Level 3 Financial assets at FVTPL ​ ​ ​ ​ ​ ​ Cash equivalents Cash and cash equivalents 124,344 124,344 124,344 — — Financial assets at FVOCI ​ ​ ​ ​ ​ ​ Equity investment Other financial assets and other non-current assets 2,820 2,820 — — 2,820 Total financial assets ​ 127,164 127,164 124,344 — 2,820 Financial liabilities measured at fair value ​ ​ ​ ​ ​ ​ Contingent consideration Other liabilities and other non-current liabilities 23,201 23,201 — — 23,201 Financial liabilities measured at amortized cost ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized sport rights licenses ​ Trade payables – current and Trade payables – non-current ​ 413,168 ​ 401,867 ​ — ​ 401,867 ​ — Total financial liabilities ​ 436,369 425,068 — 401,867 23,201
Summary of reconciliation from the opening balances to the closing balances for level 3 fair values	​ ​ ​ ​ ​ ​ ​ Equity Contingent in €‘000 investments consideration Balance as of January 1, 2023 2,820 ​ 23,201 Additions 3,716 ​ 1,400 Payments — ​ (8,575) Net change in fair value – unrealized (included in OCI) (190) — Net change in fair value – unrealized (included in Finance cost / income) ​ — ​ (657) Balance as of December 31, 2023 6,346 15,369 ​ ​ ​ ​ ​ ​ ​ Equity Contingent in €‘000 investment consideration Balance as of January 1, 2022 2,605 8,436 Additions — 18,800 Payments — (5,585) Net change in fair value – unrealized (included in OCI) 215 — Net change in fair value – unrealized (included in Finance cost / income) ​ — ​ 1,550 Balance as of December 31, 2022 2,820 23,201
Summary of contractual cash flows for financial liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 ​ ​ ​ ​ Due between Due after ​ ​ ​ ​ Due less than ​ one to five ​ five ​ ​ in €‘000 ​ one year ​ years ​ years ​ Total Trade payables 231,582 705,753 497,514 1,434,849 Deferred & contingent consideration cash flows 8,376 7,197 — 15,573 Bank debt - contractual cash flows 1 1,840 ​ 4,370 ​ — ​ 6,210 Lease liabilities cash flows 10,470 ​ 27,358 ​ 29,359 ​ 67,187 Other financial liabilities 4,553 ​ — ​ — ​ 4,553 Total 256,821 ​ 744,678 ​ 526,873 ​ 1,528,372 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 ​ ​ ​ ​ Due between ​ Due after ​ ​ ​ ​ Due less than ​ one to five ​ five ​ ​ in €‘000 one year years years Total Trade payables 206,026 220,008 84,278 510,312 Deferred & contingent consideration cash flows 14,539 9,220 — 23,759 Bank debt - contractual cash flows 1 1,840 6,211 — 8,051 Lease liabilities cash flows 6,083 13,646 3,146 22,875 Other financial liabilities 2,992 — — 2,992 Total 231,480 249,085 87,424 567,989 1 For the €220.0 million unutilized RCF, the foreseeable interest expense will be €1.84 million per annum, based on the assumption the RCF remains undrawn and the Senior Secured Net Leverage Ratio remains equal to or less than 3.00:1.00. Refer to Note 21.
Summary of provides information about the exposure to credit risk and ECLs for loans receivable	Loans receivable: exposure to credit risk and ECLs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ Gross carrying average loss Impairment Credit- in €‘000 ​ amount rate ​ loss allowance ​ impaired Grades 1 - 6: Low risk (BBB- to AAA) 310 0.0 % — no Grade 10: Substandard (B- to CCC-) 3,441 60.7 % (2,087) no Grade 12: Loss (D) 12,258 100.0 % (12,258) yes Total as of December 31, 2023 16,009 (14,345) Grades 1 - 6: Low risk (BBB- to AAA) 359 0.0 % — no Grade 10: Substandard (B- to CCC-) 3,559 58.5 % (2,087) no Grade 12: Loss (D) 12,258 100.0 % (12,258) yes Total as of December 31, 2022 16,176 (14,345)
Summary of trade receivables from individual customers: exposure To credit risk and ECLs	Trade receivables from individual customers: exposure to credit risk and ECLs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ Gross carrying average loss Impairment Credit- in €‘000 ​ amount rate ​ loss allowance ​ impaired Current (not past due) 44,431 1.6 % (726) no 1 to 60 days past due 20,279 2.8 % (562) no 61 to 90 days past due 2,691 7.8 % (211) no More than 90 days past due 13,460 60.3 % (8,116) yes Total as of December 31, 2023 80,861 ​ ​ (9,615) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current (not past due) 27,752 0.4 % (113) no 1 to 60 days past due 26,326 1.3 % (334) no 61 to 90 days past due 3,036 3.8 % (116) no More than 90 days past due 11,817 41.9 % (4,956) yes Total as of December 31, 2022 68,931 (5,519)
Summary of effect of a quantitative change of foreign currency exchange rates of the EURO against the exposed currencies	​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, in €‘000 2023 2022 € exchange rate +10% ​ (47,960) 1,934 € exchange rate +5% ​ (23,980) 967 € exchange rate -5% ​ 23,980 (967) € exchange rate -10% ​ 47,960 (1,934)

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Dec. 31, 2023
Commitments
Summary of license payments for non-capitalized or not yet capitalized	​ ​ ​ ​ ​ ​ ​ ​ As of December 31, in €’000 2023 2022 less than one year 41,165 48,678 between more than one and less than two years 43,734 92,955 between more than two and less than three years 46,477 105,171 between more than three and less than four years 49,280 115,711 more than four years 39,241 565,481 Total 219,897 927,996

Related party transactions an_2

Related party transactions and key management personnel (Tables)	12 Months Ended
	Dec. 31, 2023
Related party transactions and key management personnel
Summary of compensation paid to key management personnel for employee services	​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, in €‘000 ​ 2023 ​ 2022 ​ 2021 Short-term employee benefits 5,210 10,023 6,677 Post-employment pension contributions 540 456 357 Share-based compensation 11,377 3,232 4,280 Total 17,127 13,711 11,314
Summary of transactions between related parties	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, ​ Revenue ​ Expenses in €’000 2023 2022 2021 2023 2022 2021 NSoft 1 — 824 1,861 — 274 ​ 906 Bayes 91 — 1,730 189 775 ​ 5,742 SportTech 2 ​ 413 613 — 388 150 ​ — Total 504 1,437 3,591 577 1,199 ​ 6,648 1 During 2021, and until April 28, 2022, NSoft was an associate of the Company (Note 16.1), which is the date the Company acquired an additional 30% interest in NSoft and NSoft became a consolidated entity of the Company. 2

Share-based payments (Tables)

Share-based payments (Tables)	12 Months Ended
	Dec. 31, 2023
Share-based payments
Summary of Omnibus stock plan	​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average exercise ​ ​ options ​ price Outstanding as of January 1, 2021 — ​ $ — Granted 33,513 ​ $ 27.00 Exercised ​ — ​ ​ — Cancelled/forfeited ​ — ​ ​ — Outstanding as of December 31, 2021 33,513 ​ $ 27.00 Granted ​ — ​ ​ — Exercised — ​ — Cancelled/forfeited ​ — ​ ​ — Outstanding as of December 31, 2022 ​ 33,513 ​ $ 27.00 Granted ​ 3,500,000 ​ $ 12.90 Exercised ​ — ​ ​ — Cancelled/forfeited ​ (33,513) ​ $ 27.00 Outstanding as of December 31, 2023 3,500,000 ​ $ 12.90
Summary of changes in the number of unvested RSUs	​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average grant ​ ​ RSU shares ​ date Fair Value Unvested restricted shares as of January 1, 2021 — ​ $ — Granted 1,302,599 ​ $ 17.34 Unvested restricted shares as of December 31, 2021 1,302,599 ​ $ 17.34 Granted 3,159,725 ​ $ 14.02 Vested (373,739) ​ $ 17.45 Forfeited (426,831) ​ $ 16.03 Unvested restricted shares as of December 31, 2022 ​ 3,661,754 ​ $ 14.69 Granted ​ 5,162,678 ​ $ 11.50 Vested ​ (1,400,697) ​ $ 13.51 Forfeited ​ (866,755) ​ $ 13.10 Unvested restricted shares as of December 31, 2023 6,556,980 ​ $ 12.66
Option To Acquire Class A Shares
Share-based payments
Summary of fair value assumptions and methodology of NHL warrants	​ ​ ​ ​ ​ ​ Valuation inputs: 2021 Valuation model Black-Scholes model ​ Share price at grant date ​ $ 27.00 ​ Exercise price ​ $ 8.96 ​ Expected volatility (weighted-average) ​ 30 % Expected term (as of September 14, 2021) ​ 0 ​ Risk-free interest rate (based on U.S. government bond) ​ 0.04 %
Summary of NHL warrants	​ ​ ​ ​ ​ ​ Valuation inputs: October 1, 2023 Valuation model ​ Black-Scholes model ​ Share price at grant date 1 $ 10.01 ​ Exercise price 2 $ 0.01 ​ Expected volatility (average) 3 ​ 46.4 % Expected term 4 ​ 0.25-8 years Risk-free interest rate (average) 5 ​ 4.79 % 1 Closing ordinary share price on Friday, September 29, 2023. 2 Based on contractual terms. 3 Calculated based on comparable companies’ historical volatilities based on industry and size over a time period commensurate with the options’ expected term for each vesting tranche. 4 Options are assumed to be exercised immediately upon entering exercise window. 5 Based on the U.S. Constant Maturity Treasury yield curve equal or approximate to options’ expected term as of the valuation date.
NHL Warrants
Share-based payments
Summary of fair value assumptions and methodology of NHL warrants	​ ​ ​ ​ ​ ​ Valuation inputs: 2021 Valuation model Cox-Ross-Rubinstein binominal model ​ Share price at grant date ​ $ 27.00 ​ Exercise price ​ $ 23.45 ​ Expected volatility (weighted-average) ​ 30 % Expected term ​ 120 months Risk-free interest rate (based on U.S. government bond) ​ 1.28 %
Summary of NHL warrants	​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average exercise ​ ​ warrants ​ price Granted and outstanding as of July 22, 2021 1,353,740 ​ $ 23.45 Unvested as of December 31, 2021 1,353,740 ​ $ 23.45 Unvested as of December 31, 2022 ​ 1,353,740 ​ $ 23.45 Unvested as of December 31, 2023 1,353,740 ​ $ 23.45
NBA Warrants [Member]
Share-based payments
Summary of NHL warrants	​ ​ ​ ​ ​ ​ ​ ​ Number of Weighted average exercise ​ ​ warrants ​ price Granted and outstanding as of October 1, 2021 9,229,797 ​ $ 0.01 Vested and exercisable (1,845,959) ​ $ 0.01 Unvested as of December 31, 2021 7,383,838 ​ $ 0.01 Unvested as of December 31, 2022 7,383,838 ​ $ 0.01 Vested and exercisable ​ (230,745) ​ $ 0.01 Unvested as of December 31, 2023 7,153,059 ​ $ 0.01
2021 Plan
Share-based payments
Summary of fair value assumptions and methodology of NHL warrants	​ ​ ​ ​ ​ ​ ​ ​ ​ Valuation inputs: 2023 2021 Valuation model ​ Black-Scholes model ​ Black-Scholes model ​ Share price at grant date ​ $ 12.90 ​ $ 27.00 ​ Exercise price 1 ​ $ 12.90 ​ $ 27.00 ​ Expected volatility (average) 2 ​ 47.00 % ​ 37.33 % Expected term (average) 3 ​ 6.5 years ​ 6.5 years Expected dividends 4 ​ — ​ ​ — ​ Risk-free interest rate 5 ​ 3.50 % ​ 1.03 % 1 Based on contractual terms 2 Calculated based on comparable companies’ historical volatilities based on industry and size over a time period commensurate with the options’ expected term 3 Presumed to be the midpoint between the vesting date and the end of the contractual term 4 Assumes a dividend yield of zero as the Company has no plans to declare dividends in the foreseeable future 5 Based on the U.S. Constant Maturity Treasury yield curve equal or approximate to options’ expected term as of the valuation date
Phantom Option Plan
Share-based payments
Summary of Phantom option plan	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average grant ​ ​ Number of ​ date Fair Value per ​ shares option/share Outstanding options as of January 1, 2021 3,475 ​ € 1,352.74 Granted 68 ​ € 4,081.36 Forfeited before IPO-date (79) ​ € 1,352.74 Conversion to restricted share units 1,199,364 ​ € 3.91 Forfeited after the IPO date (13,706) ​ € 3.91 Vested (350,174) ​ € 3.91 Unvested restricted shares as of December 31, 2021 835,484 ​ € 3.91 Vested (269,131) € 3.91 Forfeited (45,302) ​ € 3.91 Unvested restricted shares as of December 31, 2022 ​ 521,051 ​ € 3.91 Vested ​ (233,579) ​ € 3.91 Forfeited ​ (61,268) ​ € 3.91 Unvested restricted shares as of December 31, 2023 226,204 ​ € 3.91
Management participation plan
Share-based payments
Summary of Management participation plan	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average grant ​ ​ Number of ​ date Fair Value per ​ shares option/share Unvested restricted shares as of January 1, 2022 5,635,029 ​ € 759.84 Vested (1,962,796) ​ € 759.84 Forfeited (293,583) ​ € 759.84 Unvested restricted shares as of December 31, 2022 3,378,650 ​ € 759.84 Vested (1,905,966) € 759.84 Unvested restricted shares as of December 31, 2023 1,472,684 € 759.84

List of consolidated entities (

List of consolidated entities (Tables)	12 Months Ended
	Dec. 31, 2023
List of consolidated entities
Summary of consolidated entities	​ ​ ​ ​ ​ ​ ​ Share of capital December 31, December 31, in% ​ 2023 ​ 2022 Holding ​ Sportradar Group AG, Switzerland ​ Subsidiaries ​ Sportradar AG, Switzerland 99.99 % 99.99 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 70 % 70 % u 70 % 70 % u 70 % 70 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u — ​ 100 % u — ​ 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u ​ 100 % — ​ Sportradar Jersey Holding Ltd, UK 100 % 100 % Sportradar Management Ltd, UK 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % u 100 % 100 % Associated companies that are accounted for under the equity method ​ u 42.58 % 42.58 % u — ​ 49 % ​

General information - Schedule

General information - Schedule of Effect of Reorganization on Components of Equity (Details) € in Thousands	12 Months Ended
	Dec. 31, 2021 EUR (€) shares
Share capital
General information
Reorganization transactions	€ (302)
Treasury shares
General information
Reorganization transactions	624
Additional paid-in capital
General information
Reorganization transactions	€ (125,136)
Participation certificates
General information
Reorganization transactions (in shares) | shares	(158,709)
Reorganization transactions	€ (164)
Class A Ordinary Shares
General information
Reorganization transactions (in shares) | shares	180,341,159
Class B Ordinary Shares
General information
Reorganization transactions (in shares) | shares	903,670,701
Ordinary shares
General information
Reorganization transactions (in shares) | shares	(344,611)
Reorganization transactions	€ 24,890

General information - Additiona

General information - Additional Information (Details)			1 Months Ended	12 Months Ended
	Sep. 14, 2021 $ / shares shares	Jun. 24, 2021 CHF (SFr) SFr / shares shares	Sep. 30, 2021 shares	Dec. 31, 2023
Class A Ordinary Shares [Member] | IPO [Member]
General information
Shares issued, Price per share | $ / shares	$ 27
Shares issued	19,000,000
Reorganization Transactions [Member] | Phantom Option Plan
General information
Conversion of awards, Converted restricted stock units			66,744
Carsten Koerl The Founder [Member] | Reorganization Transactions [Member]
General information
Share Price | SFr / shares		SFr 0.10
Capital contributions | SFr		SFr 100,000
Carsten Koerl The Founder [Member] | Reorganization Transactions [Member] | Ordinary shares [member]
General information
Shares received		1,000,000
Carsten Koerl The Founder [Member] | Reorganization Transactions [Member] | Class A Ordinary Shares [Member]
General information
Conversion of shares, Shares issued			2,500,000
Carsten Koerl The Founder [Member] | Reorganization Transactions [Member] | Class B Ordinary Shares [Member]
General information
Conversion of shares, Shares issued			903,670,701
Sportradar Holding AG
General information
Percentage of equity interest held				100%

Material accounting policy in_3

Material accounting policy information - Summary of The Estimated Useful Lives and Depreciation Method (Details) - Internally Developed Software [Member]	12 Months Ended
	Dec. 31, 2023
Maximum [Member]
Intangible assets and goodwill
Estimated useful life (in years)	5 years
Minimum [Member]
Intangible assets and goodwill
Estimated useful life (in years)	3 years

Material accounting policy in_4

Material accounting policy information - Summary of Intangible Assets Are Amortized On A Straight Line Basis (Details)	12 Months Ended
	Dec. 31, 2023
Brand Names
Significant accounting policies
Estimated useful life (in years)	5 years
Customer base | Minimum
Significant accounting policies
Estimated useful life (in years)	5 years
Customer base | Maximum
Significant accounting policies
Estimated useful life (in years)	10 years
Technology | Minimum
Significant accounting policies
Estimated useful life (in years)	2 years
Technology | Maximum
Significant accounting policies
Estimated useful life (in years)	10 years

Material accounting policy in_5

Material accounting policy information - Summary of Property and Equipment Are Depreciated On A Straight Line Basis Over The Estimated Useful Life of The Assets (Details)	12 Months Ended
	Dec. 31, 2023
Buildings | Minimum
Significant accounting policies
Estimated useful life in years	5 years
Buildings | Maximum
Significant accounting policies
Estimated useful life in years	12 years
Other facilities and equipment | Minimum
Significant accounting policies
Estimated useful life in years	3 years
Other facilities and equipment | Maximum
Significant accounting policies
Estimated useful life in years	15 years

Material accounting policy in_6

Material accounting policy information - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Significant accounting policies
Impairment | $	$ 0	$ 0	$ 0
Number of reportable segments | segment	3
Maximum
Significant accounting policies
Renewable of lease	18 years
Maximum | Licences
Significant accounting policies
Estimated useful life (in years)	10 years
Minimum
Significant accounting policies
Renewable of lease	1 year
Minimum | Licences
Significant accounting policies
Estimated useful life (in years)	2 years

Business combinations - Summary

Business combinations - Summary of fair values of the identifiable assets and liabilities (Details) - EUR (€) € in Thousands	Jan. 12, 2023	Apr. 29, 2022	Apr. 28, 2022	Apr. 06, 2022	Jun. 09, 2021	May 06, 2021	Mar. 02, 2021
Aforoa Ltd
Business combinations
Technology	€ 2,718
Other tangible assets	6
Cash	48
Liabilities	(345)
Deferred tax liability, net	(340)
Net assets acquired	2,087
Goodwill	4,236
Consideration transferred	€ 6,323
Vaix Limited
Business combinations
Customer base				€ 1,630
Technology				6,785
Brand				1,006
Other tangible assets				539
Cash				689
Liabilities				(1,791)
Deferred tax liability, net				(1,298)
Net assets acquired				7,560
Goodwill				32,766
Consideration transferred				€ 40,326
Ortec Sports B.V.
Business combinations
Customer base			€ 582
Technology			1,978
Brand			383
Other tangible assets			696
Liabilities			(255)
Deferred tax liability, net			(746)
Net assets acquired			2,638
Goodwill			3,079
Consideration transferred			€ 5,717
NSoft Group
Business combinations
Customer base		€ 4,509
Technology		8,706
Brand		2,513
Property and equipment		2,624
Other tangible assets		5,155
Cash		1,868
Other liabilities		(3,523)
Deferred tax liability, net		(1,096)
Net assets acquired		20,756
Goodwill		13,471
Non-controlling interest (30%)		(6,227)
Consideration transferred		€ 28,000
Fresh Eight Limited
Business combinations
Customer base							€ 4,863
Technology							3,402
Property and equipment							69
Trade receivables							377
Contract assets and other assets							176
Cash							152
Current liabilities							(327)
Deferred tax liability, net							(1,570)
Net assets acquired							7,142
Goodwill							13,168
Consideration transferred							€ 20,310
Atrium Sports Inc
Business combinations
Customer base						€ 16,477
Technology						56,540
Brand						1,679
Property and equipment						3,537
Trade receivables						1,974
Contract assets and other assets						3,899
Cash						1,087
Current liabilities						(10,567)
Non-current liabilities						(1,253)
Deferred tax liability, net						(15,605)
Net assets acquired						57,768
Goodwill						134,451
Consideration transferred						€ 192,219
Interact Sport Pty Ltd
Business combinations
Customer base					€ 793
Technology					966
Brand					73
Trade receivables					222
Contract assets and other assets					359
Cash					107
Current liabilities					(435)
Deferred tax liability, net					(550)
Net assets acquired					1,535
Goodwill					3,606
Consideration transferred					€ 5,141

Business combinations - conting

Business combinations - contingent consideration liability (Details) - EUR (€) € in Thousands	9 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Fresh Eight Limited
Business combinations
Payments during the year		€ (11,911)
Fresh Eight Limited | At Fair Value | Level 3
Business combinations
Beginning balance			€ 4,894		€ 8,200
Cash payments during the year			(2,775)		(4,385)
Net fair value changes recognized in profit from continuing operations during the year			96		1,079
Ending balance	€ 4,894	€ 8,200	2,215	€ 2,215	4,894
Vaix Limited
Business combinations
Payments during the year					(20,992)
Ending balance			11,700	11,700
Vaix Limited | At Fair Value | Level 3
Business combinations
Beginning balance	18,800		19,539
Cash payments during the year			(5,800)
Net fair value changes recognized in profit from continuing operations during the year	739
Fair value changes recognized in profit for the year			(2,065)
Ending balance	€ 19,539		11,674	11,674	€ 19,539
Aforoa Ltd
Business combinations
Payments during the year			(4,920)
Net fair value changes recognized in profit from continuing operations during the year				214
Ending balance			€ 1,614	€ 1,614

Business combinations - Summa_2

Business combinations - Summary of Cash flows arising from the Acquisition (Details) - EUR (€) € in Thousands	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Aforoa Ltd
Acquisitions
Cash consideration paid for acquisition of subsidiary		€ (4,968)
Cash acquired with the subsidiary		48
Net cash paid for acquisition (included in cash used in investing activities)		€ (4,920)
Vaix Limited
Acquisitions
Cash consideration paid for acquisition of subsidiary			€ (21,681)
Cash acquired with the subsidiary			689
Net cash paid for acquisition (included in cash used in investing activities)			(20,992)
Transaction costs of the acquisition (included in cash from operating activities)			(373)
Net cashflow on acquisition of subsidiary			(21,365)
Ortec Sports B.V.
Acquisitions
Cash consideration paid for acquisition of subsidiary			(5,717)
Cash acquired with the subsidiary			25
Net cash paid for acquisition (included in cash used in investing activities)			(5,692)
Transaction costs of the acquisition (included in cash from operating activities)			(235)
Net cashflow on acquisition of subsidiary			(5,927)
NSoft Group
Acquisitions
Cash consideration paid for acquisition of subsidiary			(12,000)
Cash acquired with the subsidiary			1,868
Net cash paid for acquisition (included in cash used in investing activities)			(10,132)
Transaction costs of the acquisition (included in cash from operating activities)			(261)
Net cashflow on acquisition of subsidiary			€ (10,393)
Fresh Eight Limited
Acquisitions
Cash consideration paid for acquisition of subsidiary	€ (12,063)
Cash acquired with the subsidiary	152
Net cash paid for acquisition (included in cash used in investing activities)	(11,911)
Transaction costs of the acquisition (included in cash from operating activities)	(439)
Net cashflow on acquisition of subsidiary	€ (12,350)
Atrium Sports Inc
Acquisitions
Cash consideration paid for acquisition of subsidiary				€ (183,043)
Cash acquired with the subsidiary				1,087
Net cash paid for acquisition (included in cash used in investing activities)				(181,956)
Transaction costs of the acquisition (included in cash from operating activities)				(3,900)
Net cashflow on acquisition of subsidiary				(185,856)
Interact Sport Pty Ltd
Acquisitions
Cash consideration paid for acquisition of subsidiary				(4,671)
Cash acquired with the subsidiary				107
Net cash paid for acquisition (included in cash used in investing activities)				(4,564)
Transaction costs of the acquisition (included in cash from operating activities)				(154)
Net cashflow on acquisition of subsidiary				€ (4,718)

Business combinations - Additio

Business combinations - Additional information (Details) € in Thousands										1 Months Ended	12 Months Ended
	Dec. 30, 2023	May 31, 2023	Jan. 12, 2023 EUR (€)	Aug. 04, 2022 EUR (€)	Apr. 06, 2022 EUR (€)	Mar. 29, 2022 EUR (€)	Jun. 09, 2021 EUR (€)	May 06, 2021 EUR (€) shares	Mar. 02, 2021 EUR (€) tranche	May 31, 2023	Dec. 31, 2023 EUR (€)	Dec. 31, 2022 EUR (€)	Dec. 31, 2021 EUR (€)	Dec. 31, 2025 EUR (€)	Apr. 29, 2022 EUR (€)	Apr. 28, 2022 EUR (€)
Business combinations
Percentage of voting interests acquired															70%
Additional paid-in capital											€ 653,840	€ 590,191
Share-based compensation expense											(39,712)	(28,637)	€ (15,431)
Gain of on remeasurement of the previously held equity-accounted investee											0	7,698
Payments to acquire ownership interest											€ 9,022	3,837
Bettech Gaming (PTY) LTD
Business combinations
Percentage of ownership interest in subsidiary sold		49%
Interact Sport Pty Ltd
Business combinations
Transaction costs													200
Percentage of ownership interest in subsidiary sold	100%										100%
Acquisition purchase agreement											€ 100
SportTech
Business combinations
Percentage of shares contributed				100%
Proportion of ownership interest in associate											49%
Pay paid for contribution to equity accounted investee				€ 27,900
SportTech AG
Business combinations
Proportion of ownership interest in associate										49%	49%
SportTech AG | Bettech
Business combinations
Contribution of business to an associate				€ 10,000
Aforoa Ltd
Business combinations
Percentage of voting interests acquired			100%
Cash transferred			€ 4,900
Fair value of contingent consideration			€ 1,400
First tranche additional contingent consideration											€ 800
Reassessment of contingent consideration											1,614
Transaction costs											100	100
Second tranche additional contingent consideration														€ 1,000
Sportradar US, LLC
Business combinations
Percentage of voting interests acquired						7%
Cash transferred						€ 28,200
Additional paid-in capital												3,200
Decrease in Additional Paid in capital						€ 31,400
Vaix Limited
Business combinations
Percentage of voting interests acquired					100%
Cash transferred					€ 21,700
Deferred consideration payable												5,800
Fair value of contingent consideration					18,800
Contingent consideration												19,500
Reassessment of contingent consideration											11,700
Revenue of acquiree since acquisition date												3,300
Profit (loss) of acquiree since acquisition date												400
Other comprehensive income of acquire												200
Transaction costs												400
Achievement of second milestone to be paid											5,500
Remaining contingent consideration to be received related to third tranche											11,000
Contingent cash consideration					23,400
Pro form revenue of acquire												4,400
Pro form profit loss of acquire												600
Cash payments					€ 23,400
Pro form net loss, since acquisition date												300
Ortec Sports B.V.
Business combinations
Percentage of voting interests acquired																100%
Cash transferred																€ 5,700
Revenue of acquiree since acquisition date												1,700
Profit (loss) of acquiree since acquisition date												700
Other comprehensive income of acquire												600
Pro form revenue of acquire												2,600
Pro form profit loss of acquire												1,000
Pro form net loss, since acquisition date												800
Deferred compensation paid											600
NSoft Group
Business combinations
Percentage of voting interests acquired															70%
Cash transferred															€ 12,000
Revenue of acquiree since acquisition date												14,400
Profit (loss) of acquiree since acquisition date												1,500
Other comprehensive income of acquire												1,300
Transaction costs												300
Pro form revenue of acquire												21,600
Pro form profit loss of acquire												2,300
Percentage of voting interest held before acquisition date in acquiree																40%
Percentage of additional voting interest acquired															30%
Pro form net loss, since acquisition date												2,000
Fair value of the previous held interest on the date of acquisition																€ 16,200
Carrying value of additional voting interest acquired															€ 8,300
Gain of on remeasurement of the previously held equity-accounted investee												7,700
Proportion of ownership interest in associate				49%
Fresh Eight Limited
Business combinations
Percentage of voting interests acquired									100%
Cash transferred									€ 11,600
Deferred consideration payable									500
Contingent consideration									€ 600
First tranche additional contingent consideration												4,400
Transaction costs													400
Number of tranches for paying contingent consideration | tranche									3
Second tranche additional contingent consideration											2,800
Third tranche additional contingent consideration											2,200
Contingent cash consideration									€ 8,200
Cash payments									€ 8,200
Atrium Sports Inc
Business combinations
Percentage of voting interests acquired								100%
Cash transferred								€ 183,000
Revenue of acquiree since acquisition date													19,100
Profit (loss) of acquiree since acquisition date													(15,500)
Other comprehensive income of acquire													(15,200)
Additional paid-in capital											1,800	2,400	3,200
Transaction costs													3,900
Cash payment								22,400
Pro form revenue of acquire													568,100
Pro form profit loss of acquire													1,200
Total purchase consideration								9,200
Remuneration								€ 13,200
Share-based compensation expense											1,600	3,700	7,000
Pro form net loss, since acquisition date													(9,800)
Number of instruments or interests issued or issuable | shares								1,805
Deposit liability													6,000
Estimated useful life for technology and customer base								10 years
Trade receivables contractual gross								€ 2,900
Uncollectible trade receivables date of acquisition								€ 900
Interact Sport Pty Ltd
Business combinations
Percentage of voting interests acquired							100%
Cash transferred							€ 4,700
Deferred consideration payable							400
Contingent cash consideration							3,000
Cash payments							€ 3,000
Deferred consideration payable with held period							15 months
Earn-out compensation paid											€ 800	1,300
Deferred compensation paid													€ 300
Bettech Gaming (PTY) LTD
Business combinations
Percentage of voting interests acquired				100%
Cash transferred				€ 7,000
Percentage of shares acquired				100%
Percentage of shares contributed				100%
Contribution of business to an associate				€ 10,000
Pay paid for contribution to equity accounted investee				€ 27,900
Gain on contribution of shares												3,000
Bettech Gaming (PTY) LTD | SportTech AG
Business combinations
Gain on contribution of shares												€ 3,000

Business combinations - Assets

Business combinations - Assets held for sale and discontinued operations (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business combinations
Loans	€ 1,664	€ 1,832	€ 1,768
Loss from discontinued operations, net of tax	€ (751)

Revenue from contracts with c_3

Revenue from contracts with customers - Summary of Disaggregation of Revenue From Contracts with Customers (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue from contracts with customers
Segment revenue	€ 877,621	€ 730,188	€ 561,202
Rest of the World revenue
Revenue from contracts with customers
Segment revenue	712,109	602,746	489,502
Rest of the World revenue | Betting revenue
Revenue from contracts with customers
Segment revenue	466,823	389,092	309,357
Rest of the World revenue | Betting revenue | Betting data / Betting entertainment tools
Revenue from contracts with customers
Segment revenue	278,157	237,043	214,034
Rest of the World revenue | Betting revenue | Managed Betting Services ("MBS")
Revenue from contracts with customers
Segment revenue	175,862	135,895	79,966
Rest of the World revenue | Betting revenue | Virtual Gaming
Revenue from contracts with customers
Segment revenue	12,804	16,154	15,357
Rest of the World revenue | Betting AV
Revenue from contracts with customers
Segment revenue	182,196	160,522	140,162
Rest of the World revenue | Integrity services
Revenue from contracts with customers
Segment revenue	7,744	7,863	7,712
Rest of the World revenue | Other revenue
Revenue from contracts with customers
Segment revenue	55,346	45,269	32,271
United States revenue
Revenue from contracts with customers
Segment revenue	165,512	127,442	71,700
United States revenue | Media and advertising revenue
Revenue from contracts with customers
Segment revenue	58,914	53,010	33,796
United States revenue | Betting revenue
Revenue from contracts with customers
Segment revenue	50,629	29,737	15,150
United States revenue | Betting AV
Revenue from contracts with customers
Segment revenue	19,173	10,963	5,166
United States revenue | Sports Solutions
Revenue from contracts with customers
Segment revenue	€ 36,796	€ 33,732	€ 17,588

Segmental information - Summary

Segmental information - Summary of segment adjusted EBITDA represents adjusted EBITDA excluding unallocated corporate expenses (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segmental information
Segment revenue	€ 877,621	€ 730,188	€ 561,202
Segment Adjusted EBITDA	274,338	211,444	187,862
Amortization of sport rights	(160,017)	(140,200)	(94,312)
Rest of the World revenue
Segmental information
Segment revenue	712,109	602,746	489,502
United states
Segmental information
Segment revenue	165,512	127,442	71,700
Reportable segments
Segmental information
Segment revenue	814,531	677,056	521,219
Segment Adjusted EBITDA	280,666	224,792	193,608
Amortization of sport rights	(158,830)	(140,200)	(94,312)
Reportable segments | United states
Segmental information
Segment revenue	165,512	127,442	71,700
Segment Adjusted EBITDA	18,893	(4,141)	(22,625)
Amortization of sport rights	(51,142)	(33,705)	(21,946)
All other segments
Segmental information
Segment revenue	63,090	53,132	39,983
Segment Adjusted EBITDA	(6,328)	(13,348)	(5,746)
Amortization of sport rights	(1,187)
Betting revenue | Rest of the World revenue
Segmental information
Segment revenue	466,823	389,092	309,357
Betting revenue | United states
Segmental information
Segment revenue	50,629	29,737	15,150
Betting revenue | Reportable segments | Rest of the World revenue
Segmental information
Segment revenue	466,823	389,092	309,357
Segment Adjusted EBITDA	209,562	182,439	176,987
Amortization of sport rights	(42,646)	(40,093)	(16,101)
Betting AV | Rest of the World revenue
Segmental information
Segment revenue	182,196	160,522	140,162
Betting AV | United states
Segmental information
Segment revenue	19,173	10,963	5,166
Betting AV | Reportable segments | Rest of the World revenue
Segmental information
Segment revenue	182,196	160,522	140,162
Segment Adjusted EBITDA	52,211	46,494	39,246
Amortization of sport rights	€ (65,042)	€ (66,402)	€ (56,266)

Segmental information - Summa_2

Segmental information - Summary of reconciliations of segment reporting information (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segmental information
Segment Adjusted EBITDA	€ 274,338	€ 211,444	€ 187,862
Finance income	12,848	5,250	5,297
Finance costs	(33,731)	(41,447)	(32,540)
Depreciation and amortization	(206,362)	(184,813)	(129,375)
Amortization of sport rights	160,017	140,200	94,312
Foreign currency gains, net	23,205	26,690	5,437
Share based compensation	(39,712)	(28,637)	(15,431)
Restructuring costs	(8,005)	(5,528)
Non-routine litigation costs		(19,045)
Share of loss of equity-accounted investees	(3,699)	(4,082)	(1,485)
Loss on disposal of equity-accounted investee	(13,604)
Impairment loss on goodwill and intangible assets	(9,854)
Impairment (loss) income on other financial assets	(202)	5	(5,889)
Remeasurement of previously held equity-accounted investee	0	7,698
Professional Fees for SOX and ERP Implementations	(505)	(4,298)
One-time charitable donation for Ukrainian relief activities		(146)
Unallocated corporate expenses	(107,538)	(85,598)	(85,849)
Net income before tax	47,196	17,790	€ 23,824
SportTech [Member]
Segmental information
Share of loss of equity-accounted investees	€ (3,699)	€ (3,985)

Segmental information - Summa_3

Segmental information - Summary of segment reporting information by geographical areas (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segmental information
Revenue	€ 877,621	€ 730,188	€ 561,202
Non-current assets	1,776,439	953,533
United Kingdom
Segmental information
Revenue	81,759	78,472	68,688
Malta
Segmental information
Revenue	105,596	95,696	70,529
US
Segmental information
Revenue	144,185	123,677	67,093
Non-current assets	225,759	240,635
Switzerland
Segmental information
Revenue	9,152	10,822	7,397
Non-current assets	1,307,794	499,715
Germany
Segmental information
Non-current assets	59,535	61,051
Other countries
Segmental information
Revenue	536,929	421,521	€ 347,495
Non-current assets	€ 183,351	€ 152,132

Purchased services and licens_3

Purchased services and licenses - Summary of purchased services and licenses (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Purchased services and licenses
Non-capitalized sport rights licenses	€ 42,668	€ 42,259	€ 48,324
Production costs	40,742	40,249	17,188
Ads costs and operational fees	32,049	27,665	9,861
Consultancy fees	27,694	19,426	9,930
Data journalist and freelancer fees	24,148	23,650	16,225
Variable service fees	16,073	10,058	6,829
Cost of materials and goods	13,682	3,207	213
Sales agents	2,694	2,987	3,924
Other costs	6,126	6,496	6,932
Total	€ 205,876	€ 175,997	€ 119,426

Other operating expenses - Summ

Other operating expenses - Summary of other operating expenses (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other operating expenses
Legal and other consulting expenses	€ 28,778	€ 42,952	€ 46,886
Software-as-a Service and similar rights	17,614	13,664	9,482
Travel expenses	8,742	6,524	1,803
Marketing expenses	7,830	7,798	5,341
Insurance	6,618	12,225	4,961
Office expenses	5,082	3,772	3,028
Telecommunication and IT expenses	4,994	4,652	12,523
Other external and administrative costs	9,785	4,304	3,284
Total	€ 89,443	€ 95,891	€ 87,308

Foreign currency gains (losse_3

Foreign currency gains (losses), net - Summary of foreign currency gains (losses), net (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Foreign currency gains (losses), net
Foreign currency gains	€ 65,594	€ 101,627	€ 39,720
Foreign currency losses	(42,389)	(74,937)	(34,283)
Total	€ 23,205	€ 26,690	€ 5,437

Finance income - Summary of fin

Finance income - Summary of finance income (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finance income
Interest income	€ 7,683	€ 5,250	€ 5,179
Other finance income	5,165		118
Total	€ 12,848	€ 5,250	€ 5,297

Finance costs - Summary of fina

Finance costs - Summary of financial costs (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest expense
Accrued Interest On License Fee Payables	€ 27,369	€ 17,282	€ 10,071
Interest on loans and borrowings	3,745	22,121	22,160
Other Interest Expense	337	634	93
Other finance costs
Other finance costs	2,280	1,410	216
Total	€ 33,731	€ 41,447	€ 32,540

Income taxes - Summary of major

Income taxes - Summary of major components of tax expense (income) (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current tax expense:
Current year	€ 9,251	€ 11,540	€ 12,564
Changes in estimates related to prior years	(1,245)	(187)	2,051
Deferred tax expense:
Origination and reversal of temporary differences	1,545	(9,354)	1,567
Tax write-down	3,000	5,300
Recognition of previously unrecognized deferred tax assets			(5,145)
Income tax expense reported in profit from continuing operations	€ 12,551	€ 7,299	€ 11,037

Income taxes - Additional Infor

Income taxes - Additional Information (Details) - EUR (€) € in Thousands		12 Months Ended
	Jan. 01, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2019
Income taxes
Changes in estimates related to prior years		€ (1,245)	€ (187)	€ 2,051
Applicable tax rate		14.30%	14.40%	14.50%
Sportradar Group AG Switzerland
Income taxes
Applicable tax rate		14.30%	14.40%	14.50%
Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised		€ 2,500,000		€ 2,100,000
Norway
Income taxes
Changes in estimates related to prior years				€ 2,100
Switzerland
Income taxes
Applicable tax rate	14.50%				9%
Tax rate applied for measuring deferred tax assets and liabilities					14.50%
Tax free set up					€ 1,948,000
Impairment of tax step-up		3,000	€ 5,300
Deferred tax asset tax step up		€ 7,300	€ 10,300		€ 17,000

Income taxes - Summary of recon

Income taxes - Summary of reconciliation of changes in deferred tax asset (liability) (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income taxes
Net deferred tax asset as of January 1,	€ 966	€ 1,430
Additions from business combinations	(340)	(3,140)
Recognized in other comprehensive income	130	(326)
Recognized in profit from continuing operations	(4,545)	4,054
Foreign currency translation adjustment	(1,143)	(1,052)
Net deferred tax asset (liability) as of December 31,	€ (4,932)	€ 966

Income taxes - Summary of defer

Income taxes - Summary of deferred tax assets and (liabilities) (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets and liabilities
Net deferred tax asset (liability)	€ (4,932)	€ 966	€ 1,430
Deferred tax income (expense)	(4,545)	4,054
Deferred tax assets and liabilities
Deferred tax assets	16,383	27,014
Deferred tax liabilities	(21,315)	(26,048)
Deferred tax asset (liability), net	(4,932)	966	€ 1,430
Other assets and prepayments
Deferred tax assets and liabilities
Net deferred tax asset (liability)	11,001	9,986
Deferred tax income (expense)	(1,015)	(5,343)
Deferred tax assets and liabilities
Deferred tax asset (liability), net	11,001	9,986
Intangible assets
Deferred tax assets and liabilities
Net deferred tax asset (liability)	(31,261)	(24,720)
Deferred tax income (expense)	5,057	2,755
Deferred tax assets and liabilities
Deferred tax asset (liability), net	(31,261)	(24,720)
Trade and other payables
Deferred tax assets and liabilities
Net deferred tax asset (liability)	9,036	8,643
Deferred tax income (expense)	(848)	(4,331)
Deferred tax assets and liabilities
Deferred tax asset (liability), net	9,036	8,643
Tax loss carry-forward
Deferred tax assets and liabilities
Net deferred tax asset (liability)	4,843	4,612
Deferred tax income (expense)	(230)	(3,068)
Deferred tax assets and liabilities
Deferred tax asset (liability), net	4,843	4,612
Tax step-up (write-down)
Deferred tax assets and liabilities
Net deferred tax asset (liability)	7,300	10,300
Deferred tax income (expense)	3,000	5,300
Deferred tax assets and liabilities
Deferred tax asset (liability), net	7,300	10,300
Other assets non-current
Deferred tax assets and liabilities
Net deferred tax asset (liability)	(541)	(5,941)
Deferred tax income (expense)	(5,401)	822
Deferred tax assets and liabilities
Deferred tax asset (liability), net	(541)	(5,941)
Other
Deferred tax assets and liabilities
Net deferred tax asset (liability)	(5,310)	(1,914)
Deferred tax income (expense)	3,982	(189)
Deferred tax assets and liabilities
Deferred tax asset (liability), net	€ (5,310)	€ (1,914)

Income taxes - Summary of rec_2

Income taxes - Summary of reconciliation of income tax expense calculated at statutory rate and recognized in profit or loss explanatory (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income taxes
Net income before tax	€ 47,196	€ 17,790	€ 23,824
Applicable tax rate	14.30%	14.40%	14.50%
Tax expense applying the Company tax rate	€ (6,744)	€ (2,562)	€ (3,454)
Effect of tax losses and tax offsets not recognized as deferred tax assets	(2,276)	1,134	(6,327)
Effect on recognition of deferred tax assets, on previous unused tax losses and tax offsets			5,145
Changes in estimates related to prior years	1,245	187	(2,051)
Effect of non-deductible expenses	(1,337)	(3,020)	(4,132)
Effect of non-taxable remeasurement of previously held equity-accounted investee		1,116
Effect of difference to the Company tax rate	517	854	555
Other effects	(956)	292	(773)
Tax write-down	(3,000)	(5,300)
Income tax expense	€ (12,551)	€ (7,299)	€ (11,037)
Effective tax rate	26.60%	41%	46.30%

Income taxes - Summary of tax l

Income taxes - Summary of tax loss carryforwards that are not recognized as deferred tax assets (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Tax loss carryforwards that are not recognized as deferred tax assets
Tax loss carry-forward	€ 2,601,313	€ 2,696,010
Unlimited
Tax loss carryforwards that are not recognized as deferred tax assets
Tax loss carry-forward	105,143	102,450
will expire within 5 years
Tax loss carryforwards that are not recognized as deferred tax assets
Tax loss carry-forward	2,470,875	18,508
will expire thereafter
Tax loss carryforwards that are not recognized as deferred tax assets
Tax loss carry-forward	€ 25,295	€ 2,575,052

Earnings per share (EPS) - Summ

Earnings per share (EPS) - Summary of earnings per share (EPS) (Details) - EUR (€) € in Thousands, shares in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings per share
Profit attributable to owners of the Company	€ 34,655	€ 10,891	€ 12,569
Class A shares
Earnings per share
Profit attributable to owners of the Company	€ 24,152	€ 7,580	€ 8,744
Issued shares as of January 1	206,849	206,572	177,627
Weighted-average number of shares at December 31 (basic and diluted)	226,646	222,167	188,673
Adjustments to reconcile profit (loss) to numerator used in calculating earnings per share
Effect of Class A shares issued	346	222	7,890
Effect of options and warrants exercised or exercisable	519		19
Effect of shares issued related to a business combination			1,133
Weighted-average number of Class A shares as of December 31 (basic)	207,517	206,548	186,670
Weighted average ordinary shares used in calculating basic and diluted earnings per share
Weighted-average number of Class A shares as of December 31 (basic)	207,517	206,548	186,670
Effect of unvested RSUs, options, and warrants	19,129	15,619	2,003
Weighted-average number of Class A shares as of December 31 (diluted)	226,646	222,167	188,673
Class B shares
Earnings per share
Profit attributable to owners of the Company	€ 10,503	€ 3,311	€ 3,825
Issued shares as of January 1	903,671	903,671	903,671
Weighted-average number of shares at December 31 (basic and diluted)	903,671	903,671	903,671
Weighted average ordinary shares used in calculating basic and diluted earnings per share
Weighted-average number of Class A shares as of December 31 (diluted)	903,671	903,671	903,671
Treasury shares
Adjustments to reconcile profit (loss) to numerator used in calculating earnings per share
Effect of treasury shares held	(197)	(246)

Earnings per share (EPS) - inco

Earnings per share (EPS) - income data used in the basic and diluted EPS calculations for profit attributable to owners (Details) - EUR (€) € / shares in Units, € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings per share
Net profit (loss) for the year from continuing operations	€ 33,894	€ 10,491	€ 12,787
Class A shares
Earnings per share
Basic EPS from profit attributable	€ 0.12	€ 0.04	€ 0.05
Diluted EPS from profit attributable	0.11	0.03	0.05
Class B shares
Earnings per share
Basic EPS from profit attributable	0.01	0	0
Diluted EPS from profit attributable	€ 0.01	€ 0	€ 0

Earnings per share (EPS) - in_2

Earnings per share (EPS) - income data used in the basic and diluted EPS calculations for loss from discontinued operations attributable to owners (Details) - EUR (€) € / shares in Units, € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings per share
Loss for the year from discontinued operations	€ (751)
Class A shares
Earnings per share
Loss for the year from discontinued operations	€ (524)
Basic EPS from discontinued operations	€ 0
Diluted EPS from discontinued operations	€ 0
Class B shares
Earnings per share
Loss for the year from discontinued operations	€ (227)
Basic EPS from discontinued operations	€ 0
Diluted EPS from discontinued operations	€ 0	€ 0	€ 0

Earnings per share (EPS) - in_3

Earnings per share (EPS) - income data used in the basic and diluted EPS calculations from continuing operations (Details) - EUR (€) € / shares in Units, € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings per share
Profit for the year from continuing operations	€ 34,645	€ 10,491	€ 12,787
Profit for the year from continuing operations	35,406	10,891	12,569
Class A shares
Earnings per share
Profit for the year from continuing operations	€ 24,675	€ 7,580	€ 8,744
Basic EPS from continuing operations	€ 0.12	€ 0.04	€ 0.05
Diluted EPS from continuing operations	€ 0.11	€ 0.03	€ 0.05
Class B shares
Earnings per share
Profit for the year from continuing operations	€ 10,731	€ 3,311	€ 3,825
Basic EPS from continuing operations	€ 0.01	€ 0	€ 0
Diluted EPS from continuing operations	€ 0.01	€ 0	€ 0

Earnings per share (EPS) - Addi

Earnings per share (EPS) - Additional Information (Details)	12 Months Ended
	Dec. 31, 2023
Earnings per share (EPS)
Class B dividend ratio comparable to class A shares	0.1

Intangible assets and goodwil_2

Intangible assets and goodwill - Summary of intangible and goodwill (Details) - EUR (€) € in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Intangible assets and goodwill
Opening balance		€ 843,632
Impairment loss on goodwill and intangible assets		(9,854)
Amortization		(191,766)	€ (172,831)
Ending balance		1,697,331	843,632
Brand Names
Intangible assets and goodwill
Opening balance		5,468
Impairment loss on goodwill and intangible assets		(311)
Amortization		(1,246)	(1,039)
Ending balance		3,893	5,468
Customer base
Intangible assets and goodwill
Opening balance		40,997
Impairment loss on goodwill and intangible assets		(1,142)
Amortization		(6,664)	(6,543)
Ending balance		32,716	40,997
Licences
Intangible assets and goodwill
Opening balance		374,221
Amortization	[1]	(161,279)	(144,065)
Ending balance		1,234,544	374,221
Technology
Intangible assets and goodwill
Opening balance		81,157
Impairment loss on goodwill and intangible assets		(1,908)
Amortization		(13,728)	(13,402)
Ending balance		73,169	81,157
Internally-developed software
Intangible assets and goodwill
Opening balance		37,800
Amortization		(8,849)	(7,782)
Ending balance		56,608	37,800
Goodwill
Intangible assets and goodwill
Opening balance		303,989
Impairment loss on goodwill and intangible assets		(6,493)
Ending balance		296,401	303,989
Accumulated depreciation, amortisation and impairment
Intangible assets and goodwill
Opening balance		(475,495)	(349,703)
Disposals		236,817	49,276
Translation adjustments		2,859	(2,237)
Ending balance		(437,439)	(475,495)
Accumulated depreciation, amortisation and impairment | Brand Names
Intangible assets and goodwill
Opening balance		(7,709)	(6,442)
Disposals		71
Translation adjustments		60	(228)
Ending balance		(9,135)	(7,709)
Accumulated depreciation, amortisation and impairment | Customer base
Intangible assets and goodwill
Opening balance		(34,973)	(28,206)
Disposals		776
Translation adjustments		144	(224)
Ending balance		(41,859)	(34,973)
Accumulated depreciation, amortisation and impairment | Licences
Intangible assets and goodwill
Opening balance		(367,405)	(265,136)
Disposals		227,800	42,186
Translation adjustments		569	(390)
Ending balance		(300,315)	(367,405)
Accumulated depreciation, amortisation and impairment | Technology
Intangible assets and goodwill
Opening balance		(26,444)	(18,821)
Disposals		3,000	5,800
Translation adjustments		864	(21)
Ending balance		(38,216)	(26,444)
Accumulated depreciation, amortisation and impairment | Internally-developed software
Intangible assets and goodwill
Opening balance		(27,139)	(20,257)
Disposals		5,170	1,290
Translation adjustments		901	(390)
Ending balance		(29,917)	(27,139)
Accumulated depreciation, amortisation and impairment | Goodwill
Intangible assets and goodwill
Opening balance		(11,825)	(10,841)
Translation adjustments		321	(984)
Ending balance		(17,997)	(11,825)
Cost
Intangible assets and goodwill
Opening balance		1,319,127	1,158,175
Additions		1,058,082	119,991
Additions through acquisitions (note 3)		6,954	77,468
Disposals		(235,037)	(49,277)
Disposal due to reduction in service potential		(4,077)	(646)
Translation adjustments		(10,279)	13,416
Ending balance		2,134,770	1,319,127
Cost | Brand Names
Intangible assets and goodwill
Opening balance		13,177	8,993
Additions through acquisitions (note 3)			3,901
Disposals		(71)
Translation adjustments		(78)	283
Ending balance		13,028	13,177
Cost | Customer base
Intangible assets and goodwill
Opening balance		75,970	68,273
Additions through acquisitions (note 3)			6,721
Disposals		(776)
Translation adjustments		(619)	976
Ending balance		74,575	75,970
Cost | Licences
Intangible assets and goodwill
Opening balance		741,626	690,345
Additions		1,023,457	93,346
Additions through acquisitions (note 3)			61
Disposals		(226,020)	(42,186)
Disposal due to reduction in service potential		(4,077)	(646)
Translation adjustments		(127)	706
Ending balance		1,534,859	741,626
Cost | Technology
Intangible assets and goodwill
Opening balance		107,601	83,445
Additions		6,324	8,915
Additions through acquisitions (note 3)		2,718	17,469
Disposals		(3,000)	(5,800)
Translation adjustments		(2,258)	3,572
Ending balance		111,385	107,601
Cost | Internally-developed software
Intangible assets and goodwill
Opening balance		64,939	48,126
Additions		28,301	17,730
Disposals		(5,170)	(1,291)
Translation adjustments		(1,545)	374
Ending balance		86,525	64,939
Cost | Goodwill
Intangible assets and goodwill
Opening balance		315,814	258,993
Additions through acquisitions (note 3)		4,236	49,316
Translation adjustments		(5,652)	7,505
Ending balance		€ 314,398	€ 315,814
[1] Includes € 160.0 million and € 140.2 million of sport rights amortization for the years ended December 31, 2023 and 2022, respectively.

Intangible assets and goodwil_3

Intangible assets and goodwill - Summary of intangible and goodwill (Parenthetical) (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible assets and goodwill
Amortization of sport rights	€ 160,017	€ 140,200	€ 94,312

Intangible assets and goodwil_4

Intangible assets and goodwill - Consolidated statements of profit or loss and other comprehensive income (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible assets and goodwill
Internally-developed software cost capitalized	€ 28,301	€ 17,730	€ 11,794
Personnel expenses
Intangible assets and goodwill
Internally-developed software cost capitalized	21,773	15,560	11,592
Purchases services and licenses (excluding depreciation and amortization)
Intangible assets and goodwill
Internally-developed software cost capitalized	€ 6,528	€ 2,170	€ 202

Intangible assets and goodwil_5

Intangible assets and goodwill - Carrying amount of goodwill to the respective CGUs and the key assumptions used in estimation of the recoverable mount (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
RoW Betting
Intangible assets and goodwill
Opening Balance	€ 73,896	€ 29,452
Acquisition	4,236	46,237
Foreign currency translation effect	424	(1,793)
Ending Balance	€ 78,556	€ 73,896
Terminal value growth rate	2%	2%
Budgeted EBITDA margin	33.60%	38.50%
Discount rate - WACC (before taxes)	13.20%	12.20%
RoW Betting AV
Intangible assets and goodwill
Opening Balance	€ 110,171	€ 106,296
Foreign currency translation effect	(2,463)	3,875
Ending Balance	€ 107,708	€ 110,171
Terminal value growth rate	2%	2%
Budgeted EBITDA margin	13.10%	14.60%
Discount rate - WACC (before taxes)	13.20%	12.10%
RoW Other
Intangible assets and goodwill
Opening Balance	€ 20,527	€ 17,504
Acquisition		3,079
Impairment	(6,493)
Foreign currency translation effect	(140)	(56)
Ending Balance	€ 13,894	€ 20,527
Terminal value growth rate	2%	2%
Budgeted EBITDA margin	12.50%	22.70%
Discount rate - WACC (before taxes)	15.70%	13.70%
United States
Intangible assets and goodwill
Opening Balance	€ 99,395	€ 94,900
Foreign currency translation effect	(3,152)	4,495
Ending Balance	€ 96,243	€ 99,395
Terminal value growth rate	2%	2%
Budgeted EBITDA margin	25%	26.70%
Discount rate - WACC (before taxes)	15.70%	15.10%

Intangible assets and goodwil_6

Intangible assets and goodwill - Additional Information (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible assets and goodwill
Internally-developed software cost capitalized	€ 28,301	€ 17,730	€ 11,794
Liabilities arising from financing activities	194	831	411,452
Increase (decrease) through transfers, intangible assets and goodwill	143,100	117,700	82,200
Acquisition of intangible assets	185,493	154,266	124,890
Intangible assets and goodwill	€ 1,697,331	€ 843,632
Largest sport rights
Intangible assets and goodwill
Useful life measured as period of time, intangible assets other than goodwill	8 years
Second largest sport rights
Intangible assets and goodwill
Useful life measured as period of time, intangible assets other than goodwill	9 years
Third largest sport rights
Intangible assets and goodwill
Useful life measured as period of time, intangible assets other than goodwill	6 years
RoW Other
Intangible assets and goodwill
Terminal value growth rate	2%	2%
Carrying amount of the CGU	€ 39,000
Terminal Value Growth Rate Measurement Input
Intangible assets and goodwill
Percentage of reasonably possible increase in unobservable input, assets	0%
Discount rate
Intangible assets and goodwill
Percentage of reasonably possible increase in unobservable input, assets	1%
CGU United States | Goodwill
Intangible assets and goodwill
Impairment loss	€ 6,500	€ 0
CGUs Other Than CGU United States
Intangible assets and goodwill
Impairment loss	6,500
Cost
Intangible assets and goodwill
Intangible assets and goodwill	2,134,770	1,319,127	1,158,175
Licences
Intangible assets and goodwill
Intangible assets and goodwill	€ 1,234,544	374,221
Percentage of net book value of sport rights licenses	75%
Licences | Minimum
Intangible assets and goodwill
Additions related to barter transactions		4,900
Licences | Maximum
Intangible assets and goodwill
Additions to licenses recognized as liabilities	€ 882,200	78,600
Licences | Contract Liabilities Relating To Barter Deals [Member] | Minimum
Intangible assets and goodwill
Additions related to barter transactions	46,000
Licences | Cost
Intangible assets and goodwill
Intangible assets and goodwill	1,534,859	741,626	690,345
Internally Developed Software
Intangible assets and goodwill
Intangible assets and goodwill	56,608	37,800
Internally Developed Software | Cost
Intangible assets and goodwill
Intangible assets and goodwill	86,525	64,939	48,126
Brand Names
Intangible assets and goodwill
Intangible assets and goodwill	3,893	5,468
Brand Names | Cost
Intangible assets and goodwill
Carrying amount of brand names with indefinite useful lives	900	900
Intangible assets and goodwill	13,028	€ 13,177	€ 8,993
Sport Rights Included Within Licenses | Largest sport rights
Intangible assets and goodwill
Intangible assets and goodwill	584,900
Sport Rights Included Within Licenses | Second largest sport rights
Intangible assets and goodwill
Intangible assets and goodwill	194,500
Sport Rights Included Within Licenses | Third largest sport rights
Intangible assets and goodwill
Intangible assets and goodwill	144,100
Equity Instruments And Warrant
Intangible assets and goodwill
Warrants measured at fair value recorded as intangible asset	€ 87,300

Intangible assets and goodwil_7

Intangible assets and goodwill - Sensitivity analyses (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Discount rate
Intangible assets and goodwill
Percentage of reasonably possible increase in unobservable input, assets	1%
Percentage of reasonably possible decrease in unobservable input, assets	1%
Discount rate | Decrease by 1%
Intangible assets and goodwill
Percentage of reasonably possible decrease in unobservable input, assets	1%
Discount rate | Increase by 1%
Intangible assets and goodwill
Percentage of reasonably possible increase in unobservable input, assets	1%
EBITDA margin
Intangible assets and goodwill
Percentage of reasonably possible decrease in unobservable input, assets	2%
EBITDA margin | EBTIDA Margin Decrease by 2%
Intangible assets and goodwill
Percentage of reasonably possible decrease in unobservable input, assets	2%
Terminal value growth
Intangible assets and goodwill
Percentage of reasonably possible increase in unobservable input, assets	0%
Terminal value growth | Decrease by 1%
Intangible assets and goodwill
Percentage of reasonably possible decrease in unobservable input, assets	0%
CGU United States | Discount rate | Increase by 1%
Intangible assets and goodwill
Recoverable amount less carrying value	$ (5,147)
CGU United States | EBITDA margin | EBTIDA Margin Decrease by 2%
Intangible assets and goodwill
Recoverable amount less carrying value	(14,041)
CGU United States | Terminal value growth | Decrease by 1%
Intangible assets and goodwill
Recoverable amount less carrying value	(4,511)
CGU United States | Discount rate and EBITDA margin, measurement input | Decrease pre-tax discount rate by 1% and decrease sustainable EBITDA margin by 2%
Intangible assets and goodwill
Recoverable amount less carrying value	$ (9,765)

Intangible assets and goodwil_8

Intangible assets and goodwill - Other intangible assets (Details) € in Millions	12 Months Ended
	Dec. 31, 2023 EUR (€)
CGUs Other Than CGU United States
Intangible assets and goodwill
Impairment loss	€ 6.5
Interact Sport Pty Ltd
Intangible assets and goodwill
Impairment loss	1.2
Interact Sport Pty Ltd | Customer base
Intangible assets and goodwill
carrying value	0.7
Interact Sport Pty Ltd | Technology
Intangible assets and goodwill
carrying value	0.5
Interact Sport Pty Ltd | Brand Names
Intangible assets and goodwill
carrying value	0.1
Sportradar B.V
Intangible assets and goodwill
Impairment loss	2.2
Sportradar B.V | Customer base
Intangible assets and goodwill
carrying value	0.5
Sportradar B.V | Technology
Intangible assets and goodwill
carrying value	1.4
Sportradar B.V | Brand Names
Intangible assets and goodwill
carrying value	€ 0.2

Property and equipment - Summar

Property and equipment - Summary of the Estimated Useful Lives and Depreciation Method (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Property and equipment
Beginning balance	€ 37,887
Ending Balance	72,762	€ 37,887
Office buildings
Property and equipment
Beginning balance	23,368
Transfers in/(out)		19
Ending Balance	54,659	23,368
Other facilities and equipment
Property and equipment
Beginning balance	14,046
Ending Balance	17,671	14,046
Work in Progress
Property and equipment
Beginning balance	473
Transfers in/(out)		(19)
Ending Balance	432	473
Cost
Property and equipment
Beginning balance	86,551	72,090
Additions	51,334	11,118
Additions through business combinations	6	2,625
Disposals	(3,828)	(385)
Translation adjustments	(1,298)	1,103
Ending Balance	132,765	86,551
Cost | Office buildings
Property and equipment
Beginning balance	47,866	43,724
Additions	40,693	2,652
Additions through business combinations		1,288
Transfers in/(out)	302
Disposals	(3,440)	(307)
Translation adjustments	(682)	490
Ending Balance	84,739	47,866
Cost | Other facilities and equipment
Property and equipment
Beginning balance	38,212	28,347
Additions	9,621	8,030
Additions through business combinations	6	1,319
Transfers in/(out)	774
Disposals	(388)	(78)
Translation adjustments	(631)	594
Ending Balance	47,594	38,212
Cost | Work in Progress
Property and equipment
Beginning balance	473	19
Additions	1,020	436
Additions through business combinations		18
Transfers in/(out)	(1,076)
Translation adjustments	15	19
Ending Balance	432	473
Accumulated depreciation
Property and equipment
Beginning balance	(48,664)	(36,167)
Depreciation	(14,596)	(11,982)
Disposals	2,517	385
Translation adjustments	740	(900)
Ending Balance	(60,003)	(48,664)
Accumulated depreciation | Office buildings
Property and equipment
Beginning balance	(24,498)	(18,505)
Depreciation	(8,107)	(6,672)
Disposals	2,129	307
Translation adjustments	396	372
Ending Balance	(30,080)	(24,498)
Accumulated depreciation | Other facilities and equipment
Property and equipment
Beginning balance	(24,166)	(17,662)
Depreciation	(6,489)	(5,310)
Disposals	388	78
Translation adjustments	344	(1,272)
Ending Balance	€ (29,923)	€ (24,166)

Leases - Right of use assets an

Leases - Right of use assets and lease liabilities (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Right-of-use assets - Property and equipment
Right-of-use assets	€ 51,394	€ 20,409	€ 22,905
Lease liabilities - Loans and borrowings
Current	9,537	7,302
Non-current	40,414	14,712
Office buildings
Right-of-use assets - Property and equipment
Right-of-use assets	51,394	20,409
Other facilities and equipment
Right-of-use assets - Property and equipment
Right-of-use assets	€ 318	€ 259

Leases - Reconciliation of righ

Leases - Reconciliation of right of use assets (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Leases
Beginning Balance	€ 20,409	€ 22,905
Depreciation charge for the year	(7,181)	(5,913)
Additions	39,727	3,113
Derecognition due to lease termination	(1,311)	(19)
Foreign currency effects	(250)	323
Ending Balance	€ 51,394	€ 20,409

Leases - Reconciliation of leas

Leases - Reconciliation of lease liabilities (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases
Beginning Balance	€ 22,014	€ 23,898
Additions to lease liabilities	38,209	2,609
Accretion of interest	1,149	661
Interest paid	(1,149)	(661)
Payments	(7,983)	(5,958)	€ (7,118)
Additions from business combinations		867
Rent concessions	(30)	(38)	(59)
Derecognition due to lease termination	(1,323)	(16)
Foreign currency effects	(936)	652
Ending Balance	49,951	22,014	€ 23,898
Current	9,537	7,302
Non-current	€ 40,414	€ 14,712

Leases - Amounts recognized in

Leases - Amounts recognized in the consolidated statements of profit or loss (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases
Interest on lease liabilities	€ 1,149	€ 661	€ 324
Depreciation	7,181	5,913	5,569
Income from sub-leasing right-of-use assets	(14)		(33)
Expenses relating to short-term leases	938	682	547
Expenses relating to low-value assets	3		8
Rent concessions	(30)	(38)	(59)
Total amount recognized in profit from continuing operations	€ 9,227	€ 7,218	€ 6,356

Leases - recognized in the cons

Leases - recognized in the consolidated statements of cash flows (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating activities - cash outflow for leases
-Short-term and low-value lease payments	€ 938	€ 682	€ 555
-Interest paid on lease liabilities	1,149	661	324
Financing activities - Principal payment on lease liabilities	7,983	5,958	7,118
Total cash outflow for leases	€ 10,070	€ 7,301	€ 7,997

Equity-accounted investees - Co

Equity-accounted investees - Contributions (Details) - EUR (€) € in Thousands	5 Months Ended	12 Months Ended
	May 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Aug. 04, 2022
Details Of Investments Accounted For Using Equity Method [Line Items]
Current assets, including cash and cash equivalents		€ 449,068	€ 402,195
Non-current assets		1,798,282	986,866
Deferred tax liabilities		(21,315)	(26,048)
Carrying amount of investment in associate			33,888
Revenue (100%)		(877,621)	(730,188)	€ (561,202)
Sportradar's share of loss from operations (49%)		€ (3,699)	(4,082)	€ (1,485)
SportTech
Details Of Investments Accounted For Using Equity Method [Line Items]
Current assets, including cash and cash equivalents			13,314		€ 17,247
Non-current assets			1,970		1,925
Brand names			11,945		12,649
Goodwill			40,379		41,323
Technology			7,760		8,591
Liabilities			(3,351)		(1,363)
Deferred tax liabilities			(2,858)		(3,080)
Net assets (100%)			69,159		77,292
Sportradar's share net assets (49%)			33,888		37,873
Carrying amount of investment in associate	€ 30,189		33,888		€ 37,873
Revenue (100%)	1,215		1,514
Loss from operations (100%)	(7,549)		(8,133)
Sportradar's share of loss from operations (49%)	€ (3,699)		€ 3,985

Equity-accounted investees (Det

Equity-accounted investees (Details) - EUR (€) € in Thousands				1 Months Ended	5 Months Ended	12 Months Ended
	Aug. 04, 2022	Apr. 29, 2022	Dec. 31, 2020	May 31, 2023	May 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Apr. 28, 2022
Equity-accounted investees
Percentage of additional voting interest acquired		30%
Percentage of voting interests acquired		70%
Sportradar's share of loss from operations (49%)						€ (3,699)	€ (4,082)	€ (1,485)
Carrying amount of investment in associate							33,888
Payments to acquire ownership interest						€ 9,022	3,837
SportTech
Equity-accounted investees
Sportradar's share of loss from operations (49%)					€ (3,699)		3,985
Proportion of ownership interest in associate						49%
Carrying amount of investment in associate	€ 37,873			€ 30,189	€ 30,189		33,888
Pay paid for contribution to equity accounted investee	€ 27,900
Percentage of shares contributed	100%
Percentage of ownership interest in associate						49%
SportTech AG
Equity-accounted investees
Proportion of ownership interest in associate				49%		49%
Percentage of ownership interest in associate				49%		49%
SportTech AG | Bettech
Equity-accounted investees
Contribution of business to an associate	€ 10,000
NSoft Group
Equity-accounted investees
Sportradar's share of loss from operations (49%)							€ 100
Bettech Gaming (PTY) LTD
Equity-accounted investees
Percentage of voting interests acquired	100%
Contribution of business to an associate	€ 10,000
Pay paid for contribution to equity accounted investee	€ 27,900
Percentage of shares contributed	100%
Bettech Gaming (PTY) LTD | SportTech
Equity-accounted investees
Gain on contribution of shares						€ 3,000
Nsoft Group
Equity-accounted investees
Percentage of voting interest held before acquisition date in acquire											40%
Bayes Esports | Investments accounted for using equity method
Equity-accounted investees
Proportion of ownership interest in associate			42.60%							45%
Diluted Equity Interest Percentage									2.40%
Additional equity contribution									€ 1,300
Percentage of ownership interest in associate			42.60%							45%
Ringier
Equity-accounted investees
Percentage of ownership interest held by minority shareholders							51%

Equity-accounted investees - Di

Equity-accounted investees - Differences in accounting policies (Details) - EUR (€) € in Thousands	5 Months Ended	12 Months Ended
	May 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity-accounted investees
Carrying amount of investment in associate as of January 1, 2023	€ 33,888	€ 33,888
Revenue (100%)		(877,621)	€ (730,188)	€ (561,202)
Sportradar's share of loss from operations (49%)		(3,699)	(4,082)	€ (1,485)
Carrying amount of investment in associate as of May 31, 2023			33,888
SportTech
Equity-accounted investees
Carrying amount of investment in associate as of January 1, 2023	33,888	€ 33,888
Revenue (100%)	1,215		1,514
Loss from operations (100%)	(7,549)		(8,133)
Sportradar's share of loss from operations (49%)	(3,699)		3,985
Carrying amount of investment in associate as of May 31, 2023	€ 30,189		€ 33,888

Equity-accounted investees - Ad

Equity-accounted investees - Additional information (Details) - EUR (€) € in Thousands		12 Months Ended
	May 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Aug. 04, 2022
Equity-accounted investees
Carrying amount of investment in associate			€ 33,888
Proceeds from dissolution of equity-accounted investee		€ 15,172
Loss on disposal of equity-accounted investee		(13,604)
Loss from discontinued operations, net of tax		(751)
Bettech
Equity-accounted investees
Loss from discontinued operations, net of tax		(800)
Ringier
Equity-accounted investees
Percentage of voting interest sold	49%
SportTech
Equity-accounted investees
Carrying amount of investment in associate	€ 30,189		€ 33,888	€ 37,873
SportTech | Ringier
Equity-accounted investees
Proceeds from dissolution of equity-accounted investee		15,200
Loss on disposal of equity-accounted investee		€ 13,600

Other financial assets and ot_3

Other financial assets and other non-current assets - Summary of Detailed Information About Other Financial Assets and Other Noncurrent Assets (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other financial assets and other non-current assets
Loans receivable (net of expected credit loss)	€ 1,354	€ 1,473
Deposits	2,150	1,650
Equity investments	6,346	2,820
Other financial assets	1,956	3,198
Prepayment non-current		35,304
Total	€ 11,806	€ 44,445

Other financial assets and ot_4

Other financial assets and other non-current assets - Summary of the Composition And Movements of Loans Receivable (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Detailed information about composition and movements of loans receivable
Balance, Beginning	€ 1,832	€ 1,768
Issuance of loans receivable	935
Write-off loans receivable	(935)
Collection of loans receivable	(41)	(208)
Interest		290
Income		5
Others	(127)	(23)
Balance, Ending	1,664	1,832
Loans non-current
Detailed information about composition and movements of loans receivable
Balance, Beginning	1,473	1,201
Interest		272
Others	(119)
Balance, Ending	1,354	1,473
Loans current
Detailed information about composition and movements of loans receivable
Balance, Beginning	359	567
Issuance of loans receivable	935
Write-off loans receivable	(935)
Collection of loans receivable	(41)	(208)
Interest		18
Income		5
Others	(8)	(23)
Balance, Ending	€ 310	€ 359

Other financial assets and ot_5

Other financial assets and other non-current assets - Summary of the provision for Expected Credit Losses ("ECLs") (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Detailed Information About Other Financial Assets And Other Noncurrent Assets [Line Items]
Financial assets, Carrying amount	€ (136,521)	€ (127,164)
Accumulated impairment [member]
Detailed Information About Other Financial Assets And Other Noncurrent Assets [Line Items]
Financial assets, Carrying amount	€ 14,300	€ 14,300

Other financial assets and ot_6

Other financial assets and other non-current assets - Additional Information (Details) - EUR (€) € in Thousands			12 Months Ended
	Mar. 24, 2023	Nov. 16, 2021	Dec. 31, 2023	Dec. 31, 2021	Oct. 01, 2023	Dec. 31, 2022	Apr. 29, 2022	Aug. 09, 2021
Other financial assets and other non-current assets
Percentage of voting interests acquired							70%
Equity-accounted investee						€ 33,888
Cash consideration paid for acquisition of equity investment			€ 3,716	€ 2,605
Increase equity through issue				€ 546,630
NBA Partnership Agreement
Other financial assets and other non-current assets
Agreement term		8 years
Vested warrants recognized at the grant date		20%
Increase equity through issue		€ 35,300
Warrants measured at fair value recorded as intangible asset					€ 87,300
Equity investments
Other financial assets and other non-current assets
Percentage of voting interests acquired	18.70%
Investments in equity instruments designated at fair value through other comprehensive income			3,600
Cash consideration paid for acquisition of equity investment	€ 3,700
Gameradar
Other financial assets and other non-current assets
Percentage of voting interest acquired								14.40%
Investments in equity instruments designated at fair value through other comprehensive income			€ 2,700			€ 2,800

Trade receivables and contrac_3

Trade receivables and contract assets - Summary of Financial Assets (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Trade receivables and contract assets
Trade receivables	€ 80,861	€ 68,931
Allowance for expected credit losses	(9,615)	(5,519)
Total	71,246	63,412
Contract assets	61,220	50,583
Allowance for expected credit losses	(351)	(101)
Total	€ 60,869	€ 50,482

Trade receivables and contrac_4

Trade receivables and contract assets - Summary of Expected Credit Losses for Trade Receivables and Contract Assets (Details) - Trade receivables and contract assets - Accumulated impairment [member] - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Trade receivables and contract assets
Balance as of January 1,	€ (5,620)	€ (4,373)
Provision for expected credit losses	(7,160)	(1,456)
Net amounts recovered	183	209
Write-Offs	2,559
Other	72
Balance as of December 31,	€ (9,966)	€ (5,620)

Other assets and prepayments -

Other assets and prepayments - Summary of Other assets and prepayments (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other assets and prepayments
Prepaid expenses	€ 22,358	€ 28,899
Other financial assets	688	3,842
Taxes and fees	3,313	3,561
Inventories	5,986	5,707
Other	907	904
Total	€ 33,252	€ 42,913

Capital and reserves - Summary

Capital and reserves - Summary of Capital and Reserves (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Capital and reserves
Balance (in Shares)			155,389
Issued during the year before the IPO			3,320
Reorganization transactions (Note 1)			(158,709)
Class A shares
Capital and reserves
Balance (in Shares)	206,848,644	206,571,517
Reorganization transactions (Note 1)			180,314,159
Issued during the year during and subsequent to the IPO			26,257,358
Issued during the year for vesting of shares	945,555	277,127
Balance (in Shares)	207,794,199	206,848,644	206,571,517
Class B shares
Capital and reserves
Balance (in Shares)	903,670,701	903,670,701
Reorganization transactions (Note 1)			903,670,701
Balance (in Shares)	903,670,701	903,670,701	903,670,701
Registered shares
Capital and reserves
Balance (in Shares)			344,611
Reorganization transactions (Note 1)			(344,611)

Capital and reserves - Addition

Capital and reserves - Additional Information (Details) € / shares in Units, € in Thousands, $ in Millions

12 Months Ended

Sep. 16, 2022 EUR (€)

May 06, 2021 shares

Apr. 07, 2021 EUR (€) shares

Jan. 29, 2021 EUR (€) € / shares shares

Dec. 31, 2023 EUR (€) shares

Dec. 31, 2022 EUR (€) shares

Dec. 31, 2021 EUR (€) shares

Dec. 31, 2023 SFr / shares

Dec. 31, 2022 SFr / shares

Dec. 31, 2022 USD ($) shares

Aug. 04, 2022 EUR (€)

Dec. 31, 2021 SFr / shares

Dec. 31, 2020 shares

Capital and reserves

Share capital

€ 27,421

€ 27,323

€ 27,300

Shares outstanding | shares

155,389

Adjustment to additional paid in capital issue of shares for assets received

63,300

Payment of underwriter discount costs

26,400

Granted equity instruments to one licensor

51,999

63,270

Loans and borrowings excluding lease liabilities

200

800

Repayment of borrowings

420,000

Sportradar US, LLC

Capital and reserves

Cash transferred

28,200

$ 32

Credit agreement

Capital and reserves

Additional revolving facility

€ 110,000

Total unutilized credit facility

220,000

220,000

Optima

Capital and reserves

Issue of participation certificates shares | shares

1,307

Issue of participation certificates value

€ 6,800

Atrium

Capital and reserves

Issue of participation certificates shares | shares

1,805

Bettech Gaming (PTY) LTD

Capital and reserves

Gain on contribution of shares

3,000

Cash transferred

€ 7,000

Bettech Gaming (PTY) LTD | SportTech AG

Capital and reserves

Gain on contribution of shares

€ 3,000

Director

Capital and reserves

Issue of participation certificates shares | shares

208

Issue of participation certificates value

€ 1,000

Fair value per participation certificate | € / shares

€ 12,237

Attributable to owners of the Company

Capital and reserves

Decrease In equity due to reorganization transactions

100,100

Granted equity instruments to one licensor

51,999

63,270

Additional paid-in capital

Capital and reserves

Share issue related cost

36,400

Granted equity instruments to one licensor

€ 51,999

€ 63,270

Class A shares

Capital and reserves

Shares outstanding | shares

207,794,199

206,848,644

206,571,517

206,848,644

Common stock par or stated value per share | SFr / shares

SFr 0.1

SFr 0.1

SFr 0.1

Class B shares

Capital and reserves

Shares outstanding | shares

903,670,701

903,670,701

903,670,701

903,670,701

Common stock par or stated value per share | SFr / shares

SFr 0.01

SFr 0.01

SFr 0.01

Registered shares

Capital and reserves

Shares outstanding | shares

344,611

MP share awards

Capital and reserves

Reclassification from additional paid in capital to unpaid contribution

€ 5,400

Participation certificates | Director

Capital and reserves

Sale of stock issue price per share | € / shares

€ 4,808

Share based payment expense

€ 1,500

Capital and reserves - Treasury

Capital and reserves - Treasury shares (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Capital and reserves
Treasury shares	€ 2,322	€ 2,705
Beginning balance (Number of shares)	285,964
Purchased during the year (Number of shares)	787,776	1,566,793
Surrendered during the year (Number of shares)	(843,128)	(1,280,829)
Ending balance (Number of shares)	230,612	285,964
Beginning balance	€ 2,705
Purchase of treasury shares	9,022	€ 3,837
Surrendered during the year	(9,405)	(1,132)
Ending balance	€ 2,322	€ 2,705

Loans and borrowings - Summary

Loans and borrowings - Summary of Loans and Borrowings (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current portion of loans and borrowings
Bank loans and overdrafts	€ 49	€ 59
Lease liabilities (Note 15)	9,537	7,302
Total current portion of loans and borrowings	9,586	7,361
Non-current portion of loans and borrowings
Bank loans	145	772
Lease liabilities (Note 15)	40,414	14,712
Total non current portion of loans and borrowings	40,559	15,484
Total	€ 50,145	€ 22,845

Loans and borrowings - Summar_2

Loans and borrowings - Summary of Senior Secured Net Leverage Ratio on Senior Secured Term Loan Facility (Details) - Senior Secured Term Loan Facility - Senior Facilities Agreement	Dec. 14, 2022
Greater than 4.50:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	4.25%
Greater than 4.00:1.00 but equal to or less than 4.50:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	4%
Greater than 3.50:1.00 but equal to or less than 4.00:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	3.75%
Equal to or less than 3.50:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	3.50%

Loans and borrowings - Summar_3

Loans and borrowings - Summary of Senior Secured Net Leverage Ratio on Senior Secured Term Loan Facility (Parenthetical) (Details) - Senior Facilities Agreement	Dec. 31, 2023
Greater than 4.50:1.00 | Senior Secured Term Loan Facility
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4.50
Greater than 4.50:1.00 | Multicurrency Revolving Credit Facility
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4.50
Greater than 4.00:1.00 but equal to or less than 4.50:1.00 | Minimum | Multicurrency Revolving Credit Facility
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4
Greater than 4.00:1.00 but equal to or less than 4.50:1.00 | Maximum | Multicurrency Revolving Credit Facility
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4.50
Greater than 3.50:1.00 but equal to or less than 4.00:1.00 | Minimum | Multicurrency Revolving Credit Facility
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	3.50
Greater than 3.50:1.00 but equal to or less than 4.00:1.00 | Maximum | Multicurrency Revolving Credit Facility
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4
Equal to or less than 3.00:1.00 | Multicurrency Revolving Credit Facility
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	3.50

Loans and borrowings - Summar_4

Loans and borrowings - Summary of Senior Secured Net Leverage Ratio on Multicurrency Revolving Credit Facility (Details) - Senior Facilities Agreement - Multicurrency Revolving Credit Facility	Dec. 31, 2023
Greater than 4.50:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	3.75%
Greater than 4.00:1.00 but equal to or less than 4.50:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	3.50%
Greater than 3.50:1.00 but equal to or less than 4.00:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	3.25%
Greater than 3.00:1.00 but equal to or less than 3.50:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	3%
Equal to or less than 3.00:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings, adjustment to interest rate basis	2.75%

Loans and borrowings - Summar_5

Loans and borrowings - Summary of Senior Secured Net Leverage Ratio on Multicurrency Revolving Credit Facility (Parenthetical) (Details) - Multicurrency Revolving Credit Facility	Dec. 31, 2023	Dec. 31, 2022
Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Percentage of commitment fee on the amount of unutilised facility	30%
Percentage of commitment fee payable on the amount of unutilised facility	0.825%
Greater than 4.50:1.00 | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4.50
Borrowings adjustment to interest rate	3.75%
Greater than 4.00:1.00 but equal to or less than 4.50:1.00 | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings adjustment to interest rate	3.50%
Greater than 4.00:1.00 but equal to or less than 4.50:1.00 | Minimum | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4
Greater than 4.00:1.00 but equal to or less than 4.50:1.00 | Maximum | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4.50
Greater than 3.50:1.00 but equal to or less than 4.00:1.00 | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings adjustment to interest rate	3.25%
Greater than 3.50:1.00 but equal to or less than 4.00:1.00 | Minimum | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	3.50
Greater than 3.50:1.00 but equal to or less than 4.00:1.00 | Maximum | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4
Greater than 3.00:1.00 but equal to or less than 3.50:1.00 | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Borrowings adjustment to interest rate	3%
Greater than 3.00:1.00 but equal to or less than 3.50:1.00 | Minimum | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	3
Greater than 3.00:1.00 but equal to or less than 3.50:1.00 | Maximum | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	3.50
Equal to or less than 3.00:1.00
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	3	3
Equal to or less than 3.00:1.00 | Senior Facilities Agreement
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	3
Borrowings adjustment to interest rate	2.75%

Loans and borrowings - Summar_6

Loans and borrowings - Summary of Senior Secured Net Leverage Ratio on Excess Cash Flow (Details) - Senior Secured Term Loan Facility And Multicurrency Revolving Credit Facility - Senior Facilities Agreement	Dec. 31, 2023
Greater than 5.00:1
Disclosure In Tabular Form Of Prepayments As A Percentage Of Excess Cash Flow
Prepayment as a percentage of excess cash flow	50%
Equal to or less than 5.00:1 but greater than 4.50:1
Disclosure In Tabular Form Of Prepayments As A Percentage Of Excess Cash Flow
Prepayment as a percentage of excess cash flow	25%
Equal to or less than 4.50:1
Disclosure In Tabular Form Of Prepayments As A Percentage Of Excess Cash Flow
Prepayment as a percentage of excess cash flow	0%

Loans and borrowings - Summar_7

Loans and borrowings - Summary of Senior Secured Net Leverage Ratio on Excess Cash Flow (Parenthetical) (Details) - Senior Secured Term Loan Facility And Multicurrency Revolving Credit Facility - Senior Facilities Agreement	Dec. 31, 2023
Greater than 5.00:1
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	5
Equal to or less than 5.00:1 but greater than 4.50:1 | Minimum
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4.50
Equal to or less than 5.00:1 but greater than 4.50:1 | Maximum
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	5
Equal to or less than 4.50:1
Disclosure In Tabular Form Of Variable Interest Rate Spread Based On Leverage Ratio
Leverage ratio	4.50

Loans and borrowings - Summar_8

Loans and borrowings - Summary of Bank Loans and Bank Overdrafts (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about borrowings
Beginning Balance	€ 831	€ 411,452
Addition	2	225
Transaction costs related to borrowing costs		(1,100)
Payment of loans and borrowings	(627)	(420,708)
Amortization of borrowing costs		8,057
Reclassification of borrowing costs		2,846
Foreign currency rate adjustment	(12)	59
Ending Balance	194	831
Loans non-current
Disclosure of detailed information about borrowings
Beginning Balance	772	411,379
Addition		219
Transaction costs related to borrowing costs		(1,100)
Payment of loans and borrowings	(620)	(420,682)
Amortization of borrowing costs		8,057
Reclassification of borrowing costs		2,846
Foreign currency rate adjustment	(7)	53
Ending Balance	145	772
Loans current
Disclosure of detailed information about borrowings
Beginning Balance	3
Addition	2	6
Payment of loans and borrowings		(3)
Ending Balance	5	3
Overdrafts
Disclosure of detailed information about borrowings
Beginning Balance	56	73
Payment of loans and borrowings	(7)	(23)
Foreign currency rate adjustment	(5)	6
Ending Balance	€ 44	€ 56

Loans and borrowings - Addition

Loans and borrowings - Additional Information (Details) - EUR (€) € in Thousands				12 Months Ended
	Dec. 14, 2022	Sep. 16, 2022	Jul. 14, 2022	Dec. 31, 2022	Dec. 31, 2023	Nov. 30, 2020
Disclosure of detailed information about borrowings
Repayment of borrowings				€ 420,000
Outstanding balance				22,845	€ 50,145
Facility B | Senior Facilities Agreement
Disclosure of detailed information about borrowings
Maximum borrowing capacity						€ 420,000
Repayment of borrowings	€ 220,000		€ 200,000
Outstanding balance	€ 0		€ 0
Unamortized debt issuance costs				€ 6,800
Total unutilized credit facility		€ 220,000
RCF | Senior Facilities Agreement
Disclosure of detailed information about borrowings
Maximum borrowing capacity						€ 110,000
Additional revolving facility		€ 110,000

Employee benefits - Additional

Employee benefits - Additional Information (Details) € in Millions	12 Months Ended
	Dec. 31, 2023 EUR (€) plan	Dec. 31, 2022 EUR (€)	Dec. 31, 2021 EUR (€)
Employee benefits
Post employment benefit expense, Defined contribution plans | €	€ 4.9	€ 3.5	€ 3.5
Number of pension plans classified as defined benefit plans | plan	4

Employee benefits - Summary of

Employee benefits - Summary of Defined Benefit Pension Plans (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Employee benefits
Defined benefit obligation	€ 14,129	€ 10,412
Fair value of plan assets	(13,086)	(10,215)
Net defined benefit liability	€ 1,043	€ 197

Employee benefits - Summary o_2

Employee benefits - Summary of Defined Benefit Obligation and Plan Assets (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of net defined benefit liability (asset)
Defined benefit obligations as of January 1,	€ 10,412
Defined benefit obligation as of December 31,	14,129	€ 10,412
Changes in fair value measurement, assets [abstract]
Fair value of plan assets as of January 1,	10,215
Fair value of plan assets as of December 31,	13,086	10,215
Present value of defined benefit obligation
Disclosure of net defined benefit liability (asset)
Defined benefit obligations as of January 1,	10,412	11,456
Interest expense on defined benefit obligation	280	44
Current service cost	558	726
Contributions by plan participants	490	369
Benefits (paid) / deposited	904	56
Administration cost (excl. cost for managing plan assets)	6	6
Actuarial loss (gain) on defined benefit obligation	967	(2,855)
Exchange rate loss	512	610
Defined benefit obligation as of December 31,	14,129	10,412
Changes in fair value measurement, assets [abstract]
Interest income on plan assets	280	44
Contributions by plan participants	490	369
Benefits deposited (paid)	904	56
Exchange rate loss	512	610
Plan assets
Disclosure of net defined benefit liability (asset)
Interest expense on defined benefit obligation	275	31
Contributions by the employer	628	452
Contributions by plan participants	490	369
Benefits (paid) / deposited	909	(53)
Exchange rate loss	509	522
Others		204
Return on plan assets excl. interest income	(182)	(596)
Adjustment to asset ceiling	242	(79)
Changes in fair value measurement, assets [abstract]
Fair value of plan assets as of January 1,	10,215	9,365
Interest income on plan assets	275	31
Contributions by the employer	628	452
Contributions by plan participants	490	369
Benefits deposited (paid)	909	(53)
Others		204
Return on plan assets excl. interest income	(182)	(596)
Exchange rate loss	509	522
Adjustment to asset ceiling	242	(79)
Fair value of plan assets as of December 31,	€ 13,086	€ 10,215

Employee benefits - Summary o_3

Employee benefits - Summary of Defined Benefit Obligation and Plan Assets (Parenthetical) (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of net defined benefit liability (asset)
Defined benefit obligation	€ 14,129	€ 10,412
Switzerland
Disclosure of net defined benefit liability (asset)
Defined benefit obligation	13,300	9,700
Austria
Disclosure of net defined benefit liability (asset)
Defined benefit obligation	400	400
Slovenia
Disclosure of net defined benefit liability (asset)
Defined benefit obligation	300	200
Philippines
Disclosure of net defined benefit liability (asset)
Defined benefit obligation	€ 200	€ 100

Trade payables - Summary of Tra

Trade payables - Summary of Trade Payables (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Trade payables
License fee payables for capitalized sports data rights - current	€ 202,013	€ 148,638
Other trade payables and accrued expenses - current	57,654	56,356
Trade payables current	259,667	204,994
License fee payables for capitalized sports data rights - non-current	908,437	264,530
Other trade payables - non-current	62	135
Trade payables non-current	908,499	264,665
Total	€ 1,168,166	€ 469,659

Trade payables - Additional Inf

Trade payables - Additional Information (Details) - EUR (€) € in Millions	Dec. 31, 2023	Dec. 31, 2022
Trade payables
License payments	€ 1,110.5	€ 413.2

Other liabilities - Summary of

Other liabilities - Summary of other liabilities explanatory (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other current financial liabilities
Deferred and contingent consideration (Note 3)	€ 8,376	€ 14,539
Other liabilities	4,534	2,992
Other current non financial liabilities
Payroll liabilities	30,176	31,742
Taxes and fees	7,444	5,094
Provisions		5,323
Deposit liability (Note 3)	1,721	3,532
Management restructuring	3,473	1,956
Due to related parties		90
Total other liabilities - current	55,724	65,268
Other noncurrent financial liabilities
Deferred and contingent consideration (Note 3)	6,993	9,220
Other non current nonfinancial liabilities
Employee benefit liabilities (Note 22)	1,043	197
Other	464	1,278
Total other non-current liabilities	€ 8,500	€ 10,695

Other liabilities - Summary o_2

Other liabilities - Summary of other provisions (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of other provisions
Litigation costs		€ 19,000
Severance expense	€ 8,000	5,500
Additional one time termination benefits	1,100
Severance liability	3,500
Beginning Balance	5,323	3,031
Additions	1,741	20,389
Used	(5,942)	(13,081)
Released	(1,122)	(5,016)
Ending Balance		5,323
Legal
Disclosure of other provisions
Beginning Balance	5,287	1,294
Additions	1,670	19,909
Used	(5,840)	(12,500)
Released	(1,117)	(3,416)
Ending Balance		5,287
Other
Disclosure of other provisions
Beginning Balance	36	1,737
Additions	71	480
Used	(102)	(581)
Released	€ (5)	(1,600)
Ending Balance		€ 36

Contract liabilities - Addition

Contract liabilities - Additional Information (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of contract liabilities
Current contract liabilities	€ 26,595	€ 23,172
Non-current contract liabilities	39,526	5,252
Transaction price allocated to remaining performance obligations	1,701,938	943,942
Customer prepayments
Disclosure of contract liabilities
Revenue that was included in contract liability balance at beginning of period	20,000	21,200
Contract liabilities
Disclosure of contract liabilities
Revenue that was included in contract liability balance at beginning of period	3,100	3,200
Due within one year
Disclosure of contract liabilities
Transaction price allocated to remaining performance obligations	€ 898,546	€ 622,425

Contract liabilities - Summary

Contract liabilities - Summary of contract liabilities arising from barter deals with sports rights licensors (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure in tabular form of contract liabilities from barter deals with sports to be recognized in the future
Contract liabilities	€ 49,382	€ 8,391
Unsatisfied performance obligations	1,701,938	943,942
Due within one year
Disclosure in tabular form of contract liabilities from barter deals with sports to be recognized in the future
Contract liabilities	10,618	3,114
Unsatisfied performance obligations	898,546	622,425
between more than one and less than two years
Disclosure in tabular form of contract liabilities from barter deals with sports to be recognized in the future
Contract liabilities	8,518	2,716
Unsatisfied performance obligations	415,465	204,780
between more than two and less than three years
Disclosure in tabular form of contract liabilities from barter deals with sports to be recognized in the future
Contract liabilities	7,609	912
Unsatisfied performance obligations	283,818	74,168
between more than three and less than four years
Disclosure in tabular form of contract liabilities from barter deals with sports to be recognized in the future
Contract liabilities	7,011	518
Unsatisfied performance obligations	39,165	6,404
between four years and not later than ten years
Disclosure in tabular form of contract liabilities from barter deals with sports to be recognized in the future
Contract liabilities	15,626	1,131
Unsatisfied performance obligations	€ 64,944	€ 36,165

Financial instruments - fair _3

Financial instruments - fair values and risk management - Carrying amounts and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about financial instruments
Financial assets, Carrying amount	€ 136,521	€ 127,164
Financial assets, Fair value	136,521	127,164
Financial liabilities, Carrying amount	1,125,819	436,369
Financial liabilities, Fair value	1,112,057	425,068
Level 1
Disclosure of detailed information about financial instruments
Financial assets, Fair value	130,175	124,344
Level 2
Disclosure of detailed information about financial instruments
Financial liabilities, Fair value	1,096,688	401,867
Level 3
Disclosure of detailed information about financial instruments
Financial assets, Fair value	6,346	2,820
Financial liabilities, Fair value	15,369	23,201
Contingent consideration
Disclosure of detailed information about financial instruments
Financial liabilities, Carrying amount	15,369	23,201
Financial liabilities, Fair value	15,369	23,201
Contingent consideration | Level 3
Disclosure of detailed information about financial instruments
Financial liabilities, Fair value	15,369	23,201
Capitalized sport rights licenses
Disclosure of detailed information about financial instruments
Financial liabilities, Carrying amount	1,110,450	413,168
Financial liabilities, Fair value	1,096,688	401,867
Capitalized sport rights licenses | Level 2
Disclosure of detailed information about financial instruments
Financial liabilities, Fair value	1,096,688	401,867
Financial assets at FVTPL | Cash equivalents
Disclosure of detailed information about financial instruments
Financial assets, Carrying amount	130,175	124,344
Financial assets, Fair value	130,175	124,344
Financial assets at FVTPL | Cash equivalents | Level 1
Disclosure of detailed information about financial instruments
Financial assets, Fair value	130,175	124,344
Financial assets at FVOCI | Equity investments
Disclosure of detailed information about financial instruments
Financial assets, Carrying amount	6,346	2,820
Financial assets, Fair value	6,346	2,820
Financial assets at FVOCI | Equity investments | Level 3
Disclosure of detailed information about financial instruments
Financial assets, Fair value	€ 6,346	€ 2,820

Financial instruments - fair _4

Financial instruments - fair values and risk management - Reconciliation from the opening balances to the closing balances for Level 3 fair values (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Reconciliation from the opening balances to the closing balances for Level 3 fair values, assets
Balance at beginning	€ 1,389,061
Balance at ending	2,247,350	€ 1,389,061
Reconciliation from the opening balances to the closing balances for Level 3 fair values, liabilities
Balance at beginning	631,632
Balance at ending	1,374,513	631,632
Contingent consideration | Level 3
Reconciliation from the opening balances to the closing balances for Level 3 fair values, assets
Net change in fair value - unrealized (included in Finance cost / income)	(657)
Reconciliation from the opening balances to the closing balances for Level 3 fair values, liabilities
Balance at beginning	23,201	8,436
Additions	1,400	18,800
Payments	8,575	5,585
Net change in fair value - unrealized (included in Finance cost / income)		1,550
Balance at ending	15,369	23,201
Equity investment | Level 3
Reconciliation from the opening balances to the closing balances for Level 3 fair values, assets
Balance at beginning	2,820	2,605
Additions	3,716
Net change in fair value - unrealized (included in OCI)	(190)	215
Balance at ending	€ 6,346	€ 2,820

Financial instruments - fair _5

Financial instruments - fair values and risk management - Summary of Undiscounted Contractual Cash Flows for Financial Liabilities (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Undiscounted contractual cash flows
Trade payables	€ 1,434,849	€ 510,312
Deferred & contingent consideration cash flows	15,573	23,759
Bank debt - contractual cash flows	6,210	8,051
Lease liabilities cash flows	67,187	22,875
Other financial liabilities	4,553	2,992
Total	1,528,372	567,989
Due within one year
Undiscounted contractual cash flows
Trade payables	231,582	206,026
Deferred & contingent consideration cash flows	8,376	14,539
Bank debt - contractual cash flows	1,840	1,840
Lease liabilities cash flows	10,470	6,083
Other financial liabilities	4,553	2,992
Total	256,821	231,480
Due within two to five years
Undiscounted contractual cash flows
Trade payables	705,753	220,008
Deferred & contingent consideration cash flows	7,197	9,220
Bank debt - contractual cash flows	4,370	6,211
Lease liabilities cash flows	27,358	13,646
Total	744,678	249,085
Due after five years
Undiscounted contractual cash flows
Trade payables	497,514	84,278
Lease liabilities cash flows	29,359	3,146
Total	€ 526,873	€ 87,424

Financial instruments - fair _6

Financial instruments - fair values and risk management - Summary of Information About the Exposure to Credit Risk and ECLs for Loans Receivable (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Exposure to credit risk and ECLs for Loans Receivable
Impairment loss allowance	€ 136,521	€ 127,164
Accumulated impairment
Exposure to credit risk and ECLs for Loans Receivable
Impairment loss allowance	(14,300)	(14,300)
Loans receivable
Exposure to credit risk and ECLs for Loans Receivable
Gross carrying amount	16,009	16,176
Loans receivable | Accumulated impairment
Exposure to credit risk and ECLs for Loans Receivable
Impairment loss allowance	(14,345)	(14,345)
Loans receivable | Financial assets neither past due nor impaired | Grades 1 - 6: Low risk (BBB- to AAA)
Exposure to credit risk and ECLs for Loans Receivable
Gross carrying amount	€ 310	€ 359
Weighted average loss rate	0%	0%
Loans receivable | Financial assets neither past due nor impaired | Grade 10: Substandard (B- to CCC-)
Exposure to credit risk and ECLs for Loans Receivable
Gross carrying amount	€ 3,441	€ 3,559
Weighted average loss rate	60.70%	58.50%
Loans receivable | Financial assets neither past due nor impaired | Accumulated impairment | Grade 10: Substandard (B- to CCC-)
Exposure to credit risk and ECLs for Loans Receivable
Impairment loss allowance	€ (2,087)	€ (2,087)
Loans receivable | Financial assets impaired | Grade 12: Loss (D)
Exposure to credit risk and ECLs for Loans Receivable
Gross carrying amount	€ 12,258	€ 12,258
Weighted average loss rate	100%	100%
Loans receivable | Financial assets impaired | Accumulated impairment | Grade 12: Loss (D)
Exposure to credit risk and ECLs for Loans Receivable
Impairment loss allowance	€ (12,258)	€ (12,258)

Financial instruments - fair _7

Financial instruments - fair values and risk management - Summary of Trade Receivables From Individual Customers: Exposure To Credit Risk And ECLs (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Exposure to credit risk and ECLs for Trade receivables from individual customers
Impairment loss allowance	€ 136,521	€ 127,164
Accumulated impairment
Exposure to credit risk and ECLs for Trade receivables from individual customers
Impairment loss allowance	(14,300)	(14,300)
Financial assets collectively assessed for credit losses
Exposure to credit risk and ECLs for Trade receivables from individual customers
Gross carrying amount	80,861	68,931
Financial assets collectively assessed for credit losses | Accumulated impairment
Exposure to credit risk and ECLs for Trade receivables from individual customers
Impairment loss allowance	(9,615)	(5,519)
Trade receivables | Financial assets neither past due nor impaired | Current (not past due)
Exposure to credit risk and ECLs for Trade receivables from individual customers
Gross carrying amount	€ 44,431	€ 27,752
Weighted average loss rate	1.60%	0.40%
Trade receivables | Financial assets neither past due nor impaired | Current (not past due) | Accumulated impairment
Exposure to credit risk and ECLs for Trade receivables from individual customers
Impairment loss allowance	€ (726)	€ (113)
Trade receivables | Financial assets past due but not impaired | 1 to 60 days past due
Exposure to credit risk and ECLs for Trade receivables from individual customers
Gross carrying amount	€ 20,279	€ 26,326
Weighted average loss rate	2.80%	1.30%
Trade receivables | Financial assets past due but not impaired | 1 to 60 days past due | Accumulated impairment
Exposure to credit risk and ECLs for Trade receivables from individual customers
Impairment loss allowance	€ (562)	€ (334)
Trade receivables | Financial assets past due but not impaired | 61 to 90 days past due
Exposure to credit risk and ECLs for Trade receivables from individual customers
Gross carrying amount	€ 2,691	€ 3,036
Weighted average loss rate	7.80%	3.80%
Trade receivables | Financial assets past due but not impaired | 61 to 90 days past due | Accumulated impairment
Exposure to credit risk and ECLs for Trade receivables from individual customers
Impairment loss allowance	€ (211)	€ (116)
Trade receivables | Financial assets past due but not impaired | More than 90 days past due
Exposure to credit risk and ECLs for Trade receivables from individual customers
Gross carrying amount	€ 13,460	€ 11,817
Weighted average loss rate	60.30%	41.90%
Trade receivables | Financial assets past due but not impaired | More than 90 days past due | Accumulated impairment
Exposure to credit risk and ECLs for Trade receivables from individual customers
Impairment loss allowance	€ (8,116)	€ (4,956)

Financial instruments - fair _8

Financial instruments - fair values and risk management - Summary of Effect of a Quantitative Change Of Foreign Currency Exchange Rates Of The EURO Against The Exposed Currencies (Details) - Not designated as cash flow hedging instruments - Forward contract - Currency risk - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
€ exchange rate +10%
Effect of a quantitative change of foreign currency exchange rates of the EURO against the exposed currencies
Foreign exchange of exposure against other currencies	€ (47,960)	€ 1,934
€ exchange rate +5%
Effect of a quantitative change of foreign currency exchange rates of the EURO against the exposed currencies
Foreign exchange of exposure against other currencies	(23,980)	967
€ exchange rate -5%
Effect of a quantitative change of foreign currency exchange rates of the EURO against the exposed currencies
Foreign exchange of exposure against other currencies	23,980	(967)
€ exchange rate -10%
Effect of a quantitative change of foreign currency exchange rates of the EURO against the exposed currencies
Foreign exchange of exposure against other currencies	€ 47,960	€ (1,934)

Financial instruments - fair _9

Financial instruments - fair values and risk management - Additional Information (Details) € in Thousands	12 Months Ended
	Dec. 31, 2023 EUR (€)	Dec. 31, 2022 EUR (€)	Dec. 31, 2021
Disclosure of detailed information about financial instruments
Financial assets, Carrying amount	€ 136,521	€ 127,164
Percentage of sales in functional currency	71%
Accumulated impairment [member]
Disclosure of detailed information about financial instruments
Financial assets, Carrying amount	€ (14,300)	(14,300)
Contract assets
Disclosure of detailed information about financial instruments
Contract assets Gross Carrying Amount	61,200	50,600
Contract assets | Accumulated impairment [member]
Disclosure of detailed information about financial instruments
Impairment loss allowance	(400)	(100)
Facility B | Senior Facilities Agreement [Member] | Stated Interest Of At least Zero Percent Or If Less Than Zero Percent Then Interest Rate Spread Of Three Point Five Percentage Points [Member]
Disclosure of detailed information about financial instruments
Estimated interest expense for the forthcoming year	1,800
RCF
Disclosure of detailed information about financial instruments
Undrawn borrowing facilities	220,000	220,000
Future annual interest expense	1,840	€ 1,840
RCF | Senior Facilities Agreement [Member]
Disclosure of detailed information about financial instruments
Line of credit maximum borrowing capacity	€ 220,000
Less Than or Equal to Three | RCF
Disclosure of detailed information about financial instruments
Leverage ratio	3	3
Less Than or Equal to Three | RCF | Senior Facilities Agreement [Member]
Disclosure of detailed information about financial instruments
Leverage ratio	3
Not Designated As Cash Flow Hedging Instruments [Member] | Forward contract | Currency risk | US Dollars
Disclosure of detailed information about financial instruments
Foreign currency exposure net liability asset	€ 614,000	€ 35,100
Not Designated As Cash Flow Hedging Instruments [Member] | Forward contract | Currency risk | Great Britain Pounds
Disclosure of detailed information about financial instruments
Foreign currency exposure net liability asset	€ 109,000	€ 49,300
No Customer
Disclosure of detailed information about financial instruments
Concentration of revenue percentage	10%	10%	10%

Commitments - Summary of licens

Commitments - Summary of license payments for non-capitalized or not yet capitalized (Details) - EUR (€) € in Thousands	Dec. 31, 2023	Dec. 31, 2022
Information relating to commitments
Capital commitments	€ 219,897	€ 927,996
Due within one year
Information relating to commitments
Capital commitments	41,165	48,678
between more than one and less than two years
Information relating to commitments
Capital commitments	43,734	92,955
between more than two and less than three years
Information relating to commitments
Capital commitments	46,477	105,171
between more than three and less than four years
Information relating to commitments
Capital commitments	49,280	115,711
more than four years
Information relating to commitments
Capital commitments	€ 39,241	€ 565,481

Commitments - Additional Inform

Commitments - Additional Information (Details) - EUR (€) € in Millions	Dec. 31, 2023	Dec. 31, 2022
Commitments
Commitments for licenses not yet capitalized	€ 16.3	€ 694.3

Related party transactions an_3

Related party transactions and key management personnel - Summary of compensation paid to key management personnel for employee services (Details) - Board of directors and key management personnel - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of transactions between related parties
Short-term employee benefits	€ 5,210	€ 10,023	€ 6,677
Post-employment pension contributions	540	456	357
Share-based compensation	11,377	3,232	4,280
Total	€ 17,127	€ 13,711	€ 11,314

Related party transactions an_4

Related party transactions and key management personnel - Additional Information (Details) - EUR (€) € in Thousands		1 Months Ended	2 Months Ended	3 Months Ended	5 Months Ended	12 Months Ended
	Aug. 04, 2022	May 31, 2023	May 31, 2022	Mar. 31, 2022	May 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Apr. 29, 2022	Sep. 13, 2021
Disclosure of transactions between related parties
Revenue from related parties						€ 100	€ 100	€ 0
Percentage of voting interests acquired									70%
Proceeds from dissolution of equity-accounted investee						15,172
Share-based compensation expense						€ (39,712)	(28,637)	€ (15,431)
Bettech Gaming (PTY) LTD
Disclosure of transactions between related parties
Percentage of voting rights held by the shareholder in the company								50%
Percentage of voting interests acquired	100%
Cash transferred	€ 7,000
Consideration transferred	€ 7,000
Percentage of shares contributed	100%
Nsoft
Disclosure of transactions between related parties
Percentage of additional voting interest acquired									30%
SportTech AG
Disclosure of transactions between related parties
Proportion of ownership interest in associate		49%				49%
Ringier
Disclosure of transactions between related parties
Cash transferred	€ 14,200
Proceeds from dissolution of equity-accounted investee		€ 15,200
Ringier | SportTech AG
Disclosure of transactions between related parties
Percentage of ownership interest in joint venture					51%
OOO PMBK
Disclosure of transactions between related parties
Revenue from related parties							1,200	€ 2,700
Several Members Of Middle Level Management
Disclosure of transactions between related parties
Loan receivable from related parties non current						€ 300	400
Loan receivable from related parties stated rate of interest						5%
Bettech Gaming (PTY) LTD
Disclosure of transactions between related parties
Revenue from related parties							300	200
Percentage of shares contributed	100%
Cash contribution to associate	€ 13,700
Gain on contribution of shares							3,000
Bettech Gaming (PTY) LTD | SportTech AG
Disclosure of transactions between related parties
Cash contribution to associate	€ 10,000
Board of directors and key management personnel
Disclosure of transactions between related parties
Directors' remuneration expense						€ 600	600	500
Board of directors
Disclosure of transactions between related parties
Share-based compensation expense						€ 1,000	€ 800	€ 100
Carlsten Koerl | Chief Executive Officer
Disclosure of transactions between related parties
Percentage of voting rights held by the shareholder in the company										55.10%
Carlsten Koerl | CEO and founder
Disclosure of transactions between related parties
Percentage of voting rights held by the shareholder in the company						80%	80%
Carlsten Koerl | Betgames UAV TV Zaidmai
Disclosure of transactions between related parties
Percentage of voting rights held by the shareholder in the company						33%
Carlsten Koerl | OOO PMBK
Disclosure of transactions between related parties
Percentage of beneficial interest held			23%	23%				23%
Blackbird S A R L
Disclosure of transactions between related parties
Percentage of voting rights held by the shareholder in the company										40%
Minimum
Disclosure of transactions between related parties
Percentage of voting rights held by the shareholder in the company								20%

Related party transactions an_5

Related party transactions and key management personnel - Summary of transactions between related parties (Details) - Associates - EUR (€)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of transactions between related parties
Revenue	€ 504,000	€ 1,437,000	€ 3,591,000
Expense	577,000	1,199,000	6,648,000
Nsoft
Disclosure of transactions between related parties
Revenue		824,000	1,861,000
Expense		274,000	906,000
Bayes
Disclosure of transactions between related parties
Revenue	91,000		1,730,000
Expense	189,000	775,000	€ 5,742,000
Trade payables	0	0
SportTech
Disclosure of transactions between related parties
Revenue	413,000	613,000
Expense	€ 388,000	150,000
Trade Receivables		300,000
Trade payables		€ 100,000

Disposals and discontinued op_2

Disposals and discontinued operations (Details) - EUR (€) € in Thousands			1 Months Ended	6 Months Ended	12 Months Ended
	Dec. 30, 2023	May 31, 2023	Nov. 30, 2023	Nov. 30, 2023	Dec. 31, 2023
Disposals and discontinued operations
Total losses					€ (13,604)
Loss on disposal of equity-accounted investee					(13,604)
Loss for the year from discontinued operations					(751)
Interact Sport Pty Ltd
Disposals and discontinued operations
Cash consideration	€ 200
Impairment loss					€ 1,200
Percentage of voting interest sold	100%				100%
Bettech Gaming (PTY) LTD
Disposals and discontinued operations
Cash consideration			€ 500
Loss for the year from discontinued operations				€ 800
Percentage of voting interest sold		49%

Share-Based Payments - Addition

Share-Based Payments - Additional Information (Details) € / shares in Units, $ / shares in Units, $ in Millions			1 Months Ended		12 Months Ended					24 Months Ended	36 Months Ended
	Nov. 16, 2021	Jul. 22, 2021 USD ($) $ / shares shares	Sep. 30, 2021 shares	Dec. 31, 2019 shares	Dec. 31, 2023 EUR (€) shares Option item instrument	Dec. 31, 2023 Option shares $ / shares	Dec. 31, 2022 EUR (€) shares Option instrument € / shares	Dec. 31, 2021 EUR (€) Option shares instrument € / shares	Dec. 31, 2021 Option shares $ / shares	Dec. 31, 2023 instrument Option shares	Dec. 31, 2023 EUR (€) Option shares	Dec. 31, 2024	Oct. 01, 2023 EUR (€) shares	Nov. 06, 2021 $ / shares	Jan. 01, 2021 Option	Dec. 31, 2020 shares
Share-based payments
Share-based compensation expense | €					€ (39,712,000)		€ (28,637,000)	€ (15,431,000)
License agreement term		10 years
Expected dividend as percentage, share options granted					0%			0%
Exercisable shares | shares					2,076,704	2,076,704	1,845,959			2,076,704	2,076,704
2021 Plan
Share-based payments
Share based arrangement unrecognized compensation cost period					3 years 4 months 24 days			4 years
2021 Plan | Vesting period for certain cases
Share-based payments
Share based arrangement unrecognized compensation cost period					1 year
Management Participation Plan
Share-based payments
Granted (Number of shares) | instrument							0
Share-based compensation expense | €					€ 200,000		€ 300,000	€ 5,600,000
Granted (Number of options) | Option								7,501
Substantially equal installments												65%
Number of share options forfeited in share-based payment arrangement | Option								3,589
Number of share options outstanding in share-based payment arrangement | Option					298,994	298,994				298,994	298,994				295,082
Share based compensation payment number of share converted | shares			9,566,464
Granted (Weighted average exercise price) | € / shares							€ 108.66
Fair value at grant date | €							€ 759,840
Management Participation Plan | Class A Ordinary Shares
Share-based payments
Shares vested immediately upon the consummation of the Company's initial public offering								35%
Personnel expenses | 2021 Plan
Share-based payments
Share-based compensation expense | €					€ 38,100,000		22,500,000	€ 1,100,000
Operating expenses | 2021 Plan
Share-based payments
Share-based compensation expense | €					€ 1,000,000		€ 900,000	€ 200,000
Reorganization Transactions [Member] | Phantom Option Plan
Share-based payments
Conversion of awards, Converted restricted stock units | shares				66,744
Stock Options | 2021 Plan
Share-based payments
Granted (Number of options) | Option					3,500,000			33,513
Number of share options forfeited in share-based payment arrangement | Option					33,513
Number of share options outstanding in share-based payment arrangement | Option					3,500,000	3,500,000	33,513	33,513	33,513	3,500,000	3,500,000
Granted (Weighted average exercise price) | $ / shares						$ 12.90			$ 27
Stock Options | Phantom Option Plan
Share-based payments
Granted (Number of options) | shares								68
Number of share options forfeited in share-based payment arrangement | shares								79
Number of share options outstanding in share-based payment arrangement | shares																3,475
Granted (Weighted average exercise price) | € / shares								€ 4,081.36
Restricted Share Units | 2021 Plan
Share-based payments
Share based arrangement unrecognized compensation cost period					2 years 9 months 18 days		3 years 1 month 6 days
Granted (Number of shares) | instrument					5,162,678		3,159,725	1,302,599
Warrants exercised | instrument					1,400,697		373,739
Restricted Share Units | Phantom Option Plan
Share-based payments
Granted (Number of shares) | instrument										0
Share-based compensation expense | €					€ 200,000		€ 700,000	€ 1,700,000
Warrants exercised | shares					233,579		269,131	350,174
Restricted Share Units | Management Participation Plan
Share-based payments
Warrants exercised | shares					1,905,966		1,962,796
Option To Acquire Class A Shares
Share-based payments
Class of warrant or right number of shares called by warrants or rights | shares		1,116,540											9,229,797
Class of warrant or right exercise price of warrants or rights | $ / shares		$ 8.96
Additional offering | $		$ 30
NHL Warrants
Share-based payments
Class of warrant or right subscription price of warrants or rights | $ / shares		$ 23.45
Class of warrant or right number of shares called by warrants or rights | shares		1,353,740
Adjustment to paid in capital fair value of equity instruments granted | €											€ 28,000,000
Amortization expense | €					€ 3,100,000		€ 3,600,000	€ 800,000
NBA Warrants
Share-based payments
Partnership agreement term	8 years
Percentage of entity outstanding Class A ordinary shares exercisable on vesting of warrants														3%
Percentage of warrants vesting on date of agreement								20%	20%					20%
Percentage of warrants vesting on license approval date													100%
Warrants measured at fair value recorded as intangible asset | €													€ 87,300,000
Additional paid in capital | €					52,000,000
Class of warrant or right exercise price of warrants or rights | $ / shares														$ 0.01
Amortization expense | €					€ 3,600,000
Exercisable shares | shares					230,745	230,745		1,845,959	1,845,959	230,745	230,745
Vesting term of warrants	8 years
Warrants exercised | item					0

Share-Based Payments - Summary

Share-Based Payments - Summary of Omnibus stock plan (Details)	12 Months Ended			24 Months Ended
	Dec. 31, 2023 instrument Option $ / shares	Dec. 31, 2022 instrument Option $ / shares	Dec. 31, 2021 Option instrument $ / shares	Dec. 31, 2023 Option instrument $ / shares
Share-based payments
Unvested restricted shares, beginning balance (Number of shares) | instrument		1,353,740		1,353,740
Unvested restricted shares, ending balance (Number of shares) | instrument			1,353,740
2021 Plan | Restricted Share Units
Share-based payments
Unvested restricted shares, beginning balance (Number of shares) | instrument	3,661,754	1,302,599		1,302,599
Granted (Number of shares) | instrument	5,162,678	3,159,725	1,302,599
Vested (Number of shares) | instrument	(1,400,697)	(373,739)
Forfeited (Number of shares) | instrument	(866,755)	(426,831)
Unvested restricted shares, ending balance (Number of shares) | instrument	6,556,980	3,661,754	1,302,599	6,556,980
Unvested restricted shares, beginning value (Weighted average grant date Fair Value)	$ 14.69	$ 17.34		$ 17.34
Granted (Weighted average grant date Fair Value)	11.50	14.02	$ 17.34
Vested (Weighted average grant date Fair Value)	13.51	17.45
Forfeited (Weighted average grant date Fair Value)	13.10	16.03
Unvested restricted shares, ending balance (Weighted average grant date Fair Value)	$ 12.66	$ 14.69	$ 17.34	$ 12.66
2021 Plan | Stock Options
Share-based payments
Outstanding as of beginning of the year (Number of options) | Option	33,513	33,513		33,513
Granted (Number of options) | Option	3,500,000		33,513
Cancelled/forfeited (Number of shares) | Option	(33,513)
Outstanding as of end of the year (Number of options) | Option	3,500,000	33,513	33,513	3,500,000
Outstanding as of beginning of the year (Weighted average exercise price)	$ 27	$ 27	$ 0	$ 27
Granted (Weighted average exercise price)	12.90		27
Cancelled/forfeited (Weighted average exercise price)	27
Outstanding as of end of the year (Weighted average exercise price)	$ 12.90	$ 27	$ 27	$ 12.90

Share-Based Payments - Summariz

Share-Based Payments - Summarizes the assumptions used to value options granted (Details)	12 Months Ended
	Dec. 31, 2023 Y $ / shares	Dec. 31, 2021 Y $ / shares
Disclosure of terms and conditions of share-based payment arrangement
Share price at grant date	$ 12.90	$ 27
Exercise price	$ 12.90	$ 27
Expected volatility (weighted-average)	47%	37.33%
Expected term | Y	6.5	6.5
Expected dividends	0%	0%
Risk-free interest rate	3.50%	1.03%

Share-Based Payments - Summar_2

Share-Based Payments - Summary of Phantom option plan (Details)	12 Months Ended
	Dec. 31, 2023 shares € / shares	Dec. 31, 2022 shares instrument $ / shares	Dec. 31, 2022 shares instrument € / shares	Dec. 31, 2021 shares instrument € / shares $ / shares	Dec. 31, 2021 shares instrument € / shares	Dec. 31, 2020 shares € / shares
Share-based payments
Unvested restricted shares, beginning balance (Number of shares) | instrument		1,353,740	1,353,740
Unvested restricted shares, ending balance (Number of shares) | instrument				1,353,740	1,353,740
Unvested restricted shares beginning balance (Weighted average grant date Fair Value per share) | $ / shares		$ 23.45
Unvested restricted shares, ending balance (Weighted average grant date Fair Value per share) | $ / shares				$ 23.45
Stock Options | Phantom Option Plan
Share-based payments
Outstanding options (Number of shares) | shares						3,475
Granted (Number of shares) | shares				68	68
Cancelled/forfeited (Number of shares) | shares				(79)	(79)
Outstanding options (Weighted average grant date Fair value per option/share) | € / shares						€ 1,352.74
Granted (Weighted average exercise price) | € / shares					€ 4,081.36
Forfeited before IPO-date (Weighted average grant date Fair value per option/share) | € / shares					€ 1,352.74
Restricted Share Units | Phantom Option Plan
Share-based payments
Conversion to restricted share units (Number of shares) | shares				1,199,364	1,199,364
Forfeited after the IPO date (Number of shares) | shares	(61,268)	(45,302)	(45,302)	(13,706)	(13,706)
Vested (Number of shares) | shares	(233,579)	(269,131)	(269,131)	(350,174)	(350,174)
Unvested restricted shares, beginning balance (Number of shares) | shares	521,051	835,484	835,484
Forfeited (Number of shares) | shares	(61,268)	(45,302)	(45,302)	(13,706)	(13,706)
Unvested restricted shares, ending balance (Number of shares) | shares	226,204	521,051	521,051	835,484	835,484
Unvested restricted shares beginning balance (Weighted average grant date Fair Value per share) | € / shares	€ 3.91		€ 3.91
Conversion to restricted share units (Weighted average grant date Fair value per option/share) | € / shares				$ 3.91	€ 3.91
Forfeited after the IPO date (Weighted average grant date Fair value per option/share) | € / shares	3.91		3.91		3.91
Vested (Weighted average grant date Fair value per option/share) | € / shares	3.91		3.91		3.91
Forfeited (Weighted average grant date Fair Value per share) | € / shares	3.91		3.91		3.91
Unvested restricted shares, ending balance (Weighted average grant date Fair Value per share) | € / shares	€ 3.91		€ 3.91		€ 3.91

Share-Based Payments - Summar_3

Share-Based Payments - Summary of Management participation plan (Details)	12 Months Ended
	Dec. 31, 2023 shares € / shares	Dec. 31, 2022 shares instrument € / shares	Dec. 31, 2022 shares instrument $ / shares
Share-based payments
Unvested restricted shares, beginning balance (Number of shares) | instrument		1,353,740	1,353,740
Unvested restricted shares, ending balance (Number of shares) | instrument
Unvested restricted shares beginning balance (Weighted average grant date Fair Value per share) | $ / shares			$ 23.45
Unvested restricted shares, ending balance (Weighted average grant date Fair Value per share) | $ / shares
Management Participation Plan | Restricted Share Units
Share-based payments
Unvested restricted shares, beginning balance (Number of shares) | shares	3,378,650	5,635,029	5,635,029
Vested (Number of shares) | shares	(1,905,966)	(1,962,796)	(1,962,796)
Forfeited (Number of shares) | shares		(293,583)	(293,583)
Unvested restricted shares, ending balance (Number of shares) | shares	1,472,684	3,378,650	3,378,650
Unvested restricted shares beginning balance (Weighted average grant date Fair Value per share) | € / shares	€ 759.84	€ 759.84
Vested (Weighted average grant date Fair Value per share) | € / shares	759.84	759.84
Forfeited (Weighted average grant date Fair Value per share) | € / shares		759.84
Unvested restricted shares, ending balance (Weighted average grant date Fair Value per share) | € / shares	€ 759.84	€ 759.84

Share-Based Payments - Summar_4

Share-Based Payments - Summary Of NBA warrants (Details)	Dec. 31, 2023 shares $ / shares	Dec. 31, 2022 shares $ / shares	Dec. 31, 2021 shares instrument $ / shares	Oct. 01, 2021 shares $ / shares
Share-based payments
Granted and outstanding (Number of warrants) | instrument			1,353,740
Unvested restricted shares (Number of shares) | shares	1,353,740	1,353,740	1,353,740
Exercisable (Number of warrants) | shares	(2,076,704)	(1,845,959)
Outstanding, Weighted average exercise price | $ / shares			$ 23.45
Unvested, Weighted Average Exercise Price | $ / shares	$ 23.45	$ 23.45	$ 23.45
NBA Warrants [Member]
Share-based payments
Granted and outstanding (Number of warrants) | shares				9,229,797
Unvested restricted shares (Number of shares) | shares	7,153,059	7,383,838	7,383,838
Exercisable (Number of warrants) | shares	(230,745)		(1,845,959)
Outstanding, Weighted average exercise price | $ / shares				$ 0.01
Exercisable, Weighted average exercise price | $ / shares		$ 0.01	$ 0.01
Unvested, Weighted Average Exercise Price | $ / shares	$ 0.01	$ 0.01	$ 0.01

Share-Based Payments - Summar_5

Share-Based Payments - Summary of fair value assumptions and methodology of NBA/NHL warrants (Details)		12 Months Ended
	Oct. 01, 2023 Y $ / shares	Dec. 31, 2023 Y $ / shares	Dec. 31, 2021 Y M $ / shares
Share-based payments
Share price at grant date		$ 12.90	$ 27
Exercise price		$ 12.90	$ 27
Expected volatility (weighted-average)		47%	37.33%
Expected term | Y		6.5	6.5
Risk-free interest rate (based on US government bond)		3.50%	1.03%
Option To Acquire Class A Shares
Share-based payments
Valuation model			Black-Scholes model
Share price at grant date			$ 27
Exercise price			$ 8.96
Expected volatility (weighted-average)			30%
Expected term | Y			0
Risk-free interest rate (based on US government bond)			0.04%
NHL Warrants
Share-based payments
Valuation model			Cox-Ross-Rubinstein binominal model
Share price at grant date			$ 27
Exercise price			$ 23.45
Expected volatility (weighted-average)			30%
Expected term | M			120
Risk-free interest rate (based on US government bond)			1.28%
NBA Warrants
Share-based payments
Valuation model	Black-Scholes model
Share price at grant date	$ 10.01
Exercise price	$ 0.01
Expected volatility (weighted-average)	46.40%
Risk-free interest rate (based on US government bond)	4.79%
NBA Warrants | Minimum [Member]
Share-based payments
Expected term | Y	0.25
NBA Warrants | Maximum [Member]
Share-based payments
Expected term | Y	8

Share-Based Payments - Summar_6

Share-Based Payments - Summary Of NHL warrants (Details)	Dec. 31, 2023 $ / shares shares	Dec. 31, 2022 $ / shares shares	Dec. 31, 2021 instrument $ / shares shares
Disclosure of terms and conditions of share-based payment arrangement
Granted and outstanding (Number of warrants) | instrument			1,353,740
Unvested (Number of warrants) | shares	1,353,740	1,353,740	1,353,740
Outstanding, Weighted average exercise price			$ 23.45
Unvested, Weighted Average Exercise Price	$ 23.45	$ 23.45	$ 23.45

Subsequent events (Details)

Subsequent events (Details) € in Millions, $ in Millions	Jan. 24, 2024 EUR (€)	Mar. 18, 2024 USD ($)
Subsequent events
Subsequent events
Termination benefits incurred | €	€ 1.1
Share Repurchase Program
Subsequent events
Amount of share buyback | $		$ 200

List of consolidated entities_2

List of consolidated entities and associates - Summary of consolidated entities (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Sportradar AG, Switzerland
Disclosure of information about consolidated structured entities
Percentage of equity interest held	99.99%	99.99%
DataCentric Corporation, Philippines
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sport Data AG, Switzerland
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar AB, Sweden
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Americas Inc, USA
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Solutions LLC, USA
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar US LLC, USA
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar AS, Norway
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Australia Pty Ltd, Australia
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Germany GmbH, Germany
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar GmbH, Germany
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar GmbH, Austria
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar informaticijske tehnologije d.o.o., Slovenia
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Latam S.A., Uruguay
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Malta Limited, Malta
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Managed Trading Services Limited, Gibraltar
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar O, Estonia
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Polska sp. z o.o., Poland
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Singapore Pte.Ltd, Singapore
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar UK Ltd, UK
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Virtual Gaming GmbH, Germany
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar SA (PTY) LTD, South Africa
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Media Services GmbH, Austria
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Nsoft d.o.o, Bosnia and Herzegovina
Disclosure of information about consolidated structured entities
Percentage of equity interest held	70%	70%
NSoft Solutions d.o.o, Croatia
Disclosure of information about consolidated structured entities
Percentage of equity interest held	70%	70%
Stark Solutions d.o.o, Bosnia and Herzegovina
Disclosure of information about consolidated structured entities
Percentage of equity interest held	70%	70%
Optima Information services S.L.U., Spain
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Optima Research Development S.L.U., Spain
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Optima BEG d.o.o., Serbia
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar B.V. The Netherlands
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Data Technologies India LLP, India
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Interact Sport Pty, Australia
Disclosure of information about consolidated structured entities
Percentage of equity interest held		100%
Interactsport UK Limited, UK
Disclosure of information about consolidated structured entities
Percentage of equity interest held		100%
Atrium Sports, Inc. , USA
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Atrium Sports Ltd , UK
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Atrium Sports Pty Ltd , Australia
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Synergy Sports Technology LLC , USA
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Keemotion Group Inc., USA
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Synergy Sports, SRL, Belgium
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Keemotion LLC, USA
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Slovakia s.r.o.
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Cyprus Limited, Cyprus
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%
Sportradar Jersey Holding Ltd, UK
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Management Ltd, UK
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Fresh Eight Ltd., UK
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Sportradar Capital Sarl SPA, Luxembourg
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Vaix Ltd., UK
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Vaix Greece IKE, Greece
Disclosure of information about consolidated structured entities
Percentage of equity interest held	100%	100%
Bayes Esports Solutions GmbH, Germany
Disclosure of information about consolidated structured entities
Proportion of ownership interest in associate	42.58%	42.58%
SportTech AG, Switzerland
Disclosure of information about consolidated structured entities
Proportion of ownership interest in associate		49%

Business combinations - Asset_2

Business combinations - Assets held for sale and discontinued operations (Details) - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Assets held for sale and discontinued operations
Loans	€ 1,664	€ 1,832	€ 1,768
Loss from discontinued operations, net of tax	€ (751)