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    Currency fluctuations leave Sportradar at a loss despite revenue growing by 11 per cent

    Currency fluctuations leave Sportradar at a loss despite revenue growing by 11 per cent

    Sportradar reported an 11% year-over-year revenue increase to €347 million in Q1, primarily driven by strong growth in its Betting Technology & Solutions segment. Despite this revenue growth, the company recorded a €6 million loss for the period, a significant downturn from the €24 million profit in the previous year, largely attributable to currency fluctuations.

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