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SRAD Sportrader Group AG

16.95
-0.15 (-0.88%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sportrader Group AG NASDAQ:SRAD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.15 -0.88% 16.95 16.95 17.35 17.14 16.8651 17.14 174,047 22:00:00

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

20/09/2024 9:31pm

Edgar (US Regulatory)


 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2024
Commission File Number: 001-40799

 

 

 

SPORTRADAR GROUP AG

(Translation of registrant’s name into English)

 

 

 

Feldlistrasse 2

CH-9000 St. Gallen

Switzerland

(Address of principal executive office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  x            Form 40-F  ¨

 

 

 

 

 

 

EXPLANATORY NOTE

 

On August 13, 2024, Sportradar Group AG (the “Company”) issued a press release reporting its second quarter 2024 financial and operating results (the “Second Quarter Earnings Release”) and filed with the U.S. Securities and Exchange Commission a Form 6-K that attached thereto the Second Quarter Earnings Release as Exhibit 99.1 (the “Second Quarter Earnings Release Form 6-K”). The Company is filing this Form 6-K solely for the purpose of correcting certain amounts in the Other comprehensive income portion of the Company’s consolidated statements of profit or loss and other comprehensive income included in the Second Quarter Earnings Release and the Second Quarter Earnings Release Form 6-K.

 

The table below sets forth the effect of such corrections and the revision in the Other comprehensive income portion of the Company’s consolidated statements of profit or loss and other comprehensive income.

 

   Three-Month Period Ended June 30, 2024   Six-Month Period Ended June 30, 2024 
in €'000 (Unaudited)  Originally
Reported
Amounts
   Corrections   Restated
Amounts
   Originally
Reported
Amounts
   Corrections   Restated
Amounts
 
Loss for the period   (1,536)       (1,536)   (2,185)       (2,185)
Other Comprehensive Income                              
Items that will not be reclassified subsequently to profit or (loss)                              
Remeasurement of defined benefit liability   (3)       (3)   (2)       (2)
Related deferred tax expense   (2)       (2)   (2)       (2)
    (5)       (5)   (4)       (4)
Items that may be reclassified subsequently to profit or (loss)                              
Foreign currency translation adjustment attributable to the owners of the company   16,562    (14,087)   2,475    20,571    (14,087)   6,484 
Foreign currency translation adjustment attributable to non-controlling interests   1,143    (1,133)   10    1,131    (1,133)   (2)
    17,705    (15,220)   2,485    21,702    (15,220)   6,482 
Other comprehensive income (loss) for the period, net of tax   17,700    (15,220)   2,480    21,698    (15,220)   6,478 
Total comprehensive income for the period   16,164    (15,220)   944    19,513    (15,220)   4,293 
                               
Total comprehensive income (loss) attributable to:                              
Owners of the Company   16,241    (15,220)   1,021    19,677    (15,220)   4,457 
Non-controlling interests   (77)       (77)   (164)       (164)
    16,164    (15,220)   944    19,513    (15,220)   4,293 

 

Other than as described above, no other statement or amount has been changed from those presented in the Second Quarter Earnings Release and the Second Quarter Earnings Release Form 6-K, and this Form 6-K does not modify, amend or update in any way any of the other financial or other information contained in the Second Quarter Earnings Release and the Second Quarter Earnings Release Form 6-K.

 

The IFRS financial information contained in the Other comprehensive income portion of the Company’s consolidated statements of profit or loss and other comprehensive income set forth above is hereby incorporated by reference into the Company’s Registration Statement on Form S-8 (File No. 333-259885).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 20, 2024

 

  SPORTRADAR GROUP AG
   
   
  By: /s/ Craig Felenstein
  Name: Craig Felenstein
  Title: Chief Financial Officer

 

 


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