Growth of 78 per cent in the US helped overall 2022 Sportradar revenues to climb 30 per cent year-on-year to €730.2m.
A boost of 26 per cent in Rest of World Betting also factored into the figure, which exceeded the company’s initial outlook of between €718m and €723m.
Sportradar’s US sports betting revenue growth of 101 per cent played a major role in the company’s proliferation in the region.
Total profit for the full year was €10.5m compared with €12.8m in 2021, while adjusted EBITDA increased 23 per cent year-on-year to €125.8m.
As for Q4 2022, revenue increased 35 per cent to €206.3m and the US segment grew 77 per cent to €41.2m compared with Q4 2021.
Carsten Koerl, chief executive officer of Sportradar, said: “We saw excellent performance across all of our key performance metrics despite challenging macroeconomic conditions including a second consecutive quarter of positive adjusted EBITDA in the US.
"Our continued long-term partnerships with leading global sports bodies, and innovation across new technologies such as artificial intelligence and computer vision and as important, a team passionate about delivering solutions to our clients, make us very excited about our growth in 2023 and beyond.”
